Expected to be completed in 2035, Malaysia’s Forest City was launched in 2014, targeting wealthy property investors from China. 🏡🌴
As of March 2025, only 15% of the project has been completed. This is due to Forest City's developer debts, declining demand amid the COVID-19 travel ban, and the Chinese government's limit on the amount of money that can leave the country.
Watch CNA Insight’s documentary on what it takes to revive this Malaysian ‘ghost town’.
#cna #cnainsight #forestcity #ghosttown
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