KUALA LUMPUR – Pakatan Harapan government has no power to stop the sale of property under the Forest City project in Johor to foreign buyers, says Deputy Housing and Local Government Minister Datuk Raja Kamarul Bahrin Shah. “This is because the multi-billion project comes under the Johor government and is…
JOHOR BARU – The Prime Minister’s announcement that foreigners will be barred from buying properties at the multi-billion-ringgit Forest City has sparked a scramble among developers and buyers. They want more details and greater clarity on the government’s seemingly new policy. The Chinese developer of Forest City, Country Garden Pacificview…
KUALA LUMPUR – Prime Minister Tun Dr Mahathir Mohamad has announced that foreigners will not be allowed to buy property at the Forest City (pictured) mega project in Johor or be granted visas to live there. Reuters reported Dr Mahathir saying that: “One thing is certain, that city that is…
PETALING JAYA – Hong Kong-listed property developer Country Garden Holdings founder and chairman Yeung Kwok Keung is confident in Malaysia’s economic prospects under the new government and plans to enlarge its investments in Malaysia, according to a report by Chinese daily Nanyang Siang Pau. “I am confident that Malaysia, under…
