• Sat. Apr 20th, 2024

From Luxury Development to Unpopulated Wonder: Inside Forest City and its $100 Billion Price Tag

BySamantha Jones

Apr 3, 2024
I Understand Why Forest City Condos Are Often Vacant After a Night’s Stay

Forest City, a luxury development located in southern Malaysia, has been built by China’s largest developer, Country Garden, at a cost of $100 billion. Spread over four square miles, the estate boasts towering apartment buildings and a white-sand beach overlooking the Johor Strait, with views of industrial plants in Singapore.

During my first visit to Forest City in May 2022, the development appeared deserted, with dark windows in hundreds of apartments and few people on the roads or at the beach. Despite plans to have 700,000 residents in the next six years, only 9,000 people currently reside in the estate.

My curiosity piqued during my visit to Forest City led me to explore staying overnight in one of its vacant apartments. I booked a homestay at a condominium unit for 70 Singapore dollars ($52) through a property manager during my return visit eight years into its development. Similar units are available on Airbnb for as little as $38 a night.

The owner of the unit declined to comment on my story due to privacy concerns. However, despite multiple requests for information from Business Insider regarding the status of Forest City and its future development plans, Country Garden did not respond. The estate’s grand plans have not yet materialized as expected due to its largely unpopulated state and raise questions about its potential appeal to potential residents.

In conclusion, while Forest City is an impressive luxury development built by one of China’s largest developers at a staggering cost of $100 billion, it remains largely unpopulated and raises questions about its future development plans and appeal to potential residents.

By Samantha Jones

As a content writer at newsnnk.com, I weave words into captivating stories that inform and engage our readers. With a passion for storytelling and an eye for detail, I strive to deliver high-quality and engaging content that resonates with our audience. From breaking news to thought-provoking features, I am dedicated to providing informative and compelling articles that keep our readers informed and entertained. Join me on this journey as we explore the world through the power of words.

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