Forest City: Inside Malaysia's Chinese-built 'ghost city' - BBC News 

Fax.

@@allofmykek3884 📠

Every single so-called ghost city reported in China a decade ago, has now filled up. It just takes time to fill a new city yet another a repeat of bad disinformation journalism .

you mean on the failed belt and road projects or just ghost cities china has built? i've seen docs about the ghost cities in china, so they out there, not sure about the rest of the investments abroad, but if current economic news means anything, beijing looking kinda broke.

There was a regime change in Malaysia which caused the project to fail. No China's fault. Anyway it was done by City Gardens, a private company.

Thats a staircase to netherrealm f u want to know...the dev thought of ghost to come and occupy the city since humans don't want to live there

It's actually a popular instagram spot. Locals call it the stairway to heaven

@@natep6729 We really really know stairway to heaven is a version of the Tower of Babel. Nothing good comes from it 😂 The Lord don't want us up there

Unfortunately it become a truly forest and not a city.

It is interesting how BBC can twist things to sensationalise a story line. The staircase is quite popular for locals to take a shot from below to look as if it is leading to heaven and BBC turned the camera to show it as a stair to nowhere. Walking into a dark space in the building and taking a shot of the rain on purpose and even tampering the hue at some point just to sensationalise the story line is just so BBC. No wonder a British Vlogger is so scarcastics on BBC.😂

Property prices artificially inflated with hopes of luring Singaporean dollars. No real need for this place in the first place.

Fools will be parted with their money

Perhaps you are losing a good opportunity

I will buy one if the price dropped to US $10.000 per unit 😊

chinese economy is built on the property bubble. it's more important to them to inflate prices to keep growth high than to actually make money by letting people buy and live in them. the chinese communist party read the poem ozymandius and took it as an economic instruction guide, the moment things look stagnant they'll have massive internal unrest on their hands.

That happened because she believes

Superstition

If a house is left unoccupied for long time then it will attract negative spirits

Damn 🍑

Whats a spirit...show me a proof​@@Fjzins

A simple English sentence and you can't get that even right.

😂😂​@@daffyduck4195

@@daffyduck4195 Your grammar is appalling as is your manners! You can't even get that right... daffy duckwitt.

No you haven't. Chinese bot.

plans didnt go as planned, especially when Malays hold a significant share

Malaydesh

@@jonreybaring767 cheap workers 🤑

​@@jonreybaring767indon babu

Besar kemungkinan jika tiada perubahan sikap, ini bukanlah akan menjadi projek yg terakhir yg akan berada khasnya diJohor malah diseluruh negara.

For how much of the year is your Dads unit empty? I think that’s a big part of the problem

If the high speed rail does go through Forest City as the Johor Sultan is asking for currently. Your dad will have made a fantastic investment there.

I've visited the place a few times. At the moment, I think it is a perfect place for anybody practising to be a recluse.

@@LOLnesssss I doubt it will run there though. It's too expensive to run thru forest city for just that handful of people.

Stop dreaming. I have 1 unit just outside forest city, which I consider myself extremely lucky coz it isn't forest city. After 10 years, the occupation is only about 30-40% and not sure how many are AirBnB coz it is near to Hard Rock Cafe. The price has dropped more than half and the currency has gone down by another 40%. Maybe when u inherit the property, u could sell it (with luck) and don't feel the pinch since it is not out of your pocket, that's my intention for that investment. If my children are lucky, they could find a buyer....The money lost could literally get me a much bigger rented place anywhere in Johor for the rest of my life.

yes

Malaysia gets prank

Link?

yeah, years ago, when they started the project. We used to fish near Pulau Merambong, which is between Malaysia and Singapore. Since this project started, some people have complained about the fishing issues, but I'm not sure if there were also problems with the land etc. Are there any statistics that show that the fish population in this area are reduced mate? Link? Tak pasti jgn kongsi

Not mention their security also good

built for chinese mkt only , including a few singaporeans

@@ellisrochlin2267 Overpopulation

There's an old joke that property developments are named after what was destroyed to build them.

@@ellisrochlin2267 not really. as China power weaken, Malay power will rise with them having a significant share. and Singapore would be intrested in the project

@@oooshafiqooo and beware the crocodile signs on the beach , LOL

😹🕵yep...

They also called Shanghai Pudong as a ghost city only 8 years ago. It's now all filled up. And this Malaysian city is similarly very Close to a mega population area so it will fill up In a decade. Not the first few years.

@@Joel-km5mbShanghai alone has 18 million people. Malaysia as a whole only has 30?

​@@joshychong Ordos was former ghost city and then Xiong'an will be the next ghost city according to BBC and CNN. while BBC and CNN never pay attention to Southwest of England or central of US because it doesn't fit their narrative and agenda. 🤣🤣

lol 🤦🏿‍♂️

I'm a resident here. It is indeed very peaceful.

I'm a resident here. It is indeed very peaceful.

sure!

Wednesday would love this place 🥰💅🏻

@@Cik_Siput.Luar_Biasa WEDNESDAY?

Wait, that is actually correct but then again, who will take over?

@@ctnzrh92China government maybe like everything in belts and roads.

@@ctnzrh92 Forest City is 50% owned by a Malaysian company, they will probably take it at a heavily discounted price. The fact is they don't have to build anything else. All the infrastructure is there. They can just concentrate on selling and letting the properties that are already finished and they would make a pretty penny. The $100 billion price tag for the project is misleading because that was over 20 odd years of construction and would have covered three or four man made islands. What is already there cost nothing like that. Marketed properly and with keener prices so that the locals can get in on the game it could be a lovely place to live.

@@TheCameraNever ohho..I see, thanks for info.

@@TheCameraNever40% (rumoured to be Johor royals). 60% owned by parent Country Gardens. By the usual way business is done in Malaysia, likely the 40% is either a gift or heavily discounted as a … ahem … goodwill gesture towards the Sultan 😂.

You are wildly wrong about the amount of disposables income we have. You're not a local, I AM, and i bet my money i have more understanding of Malaysia's situation than you. We have a categorization of household income, not personal income, but HOUSEHOLD INCOME. There is B40(Below 40 percentile), M40(Middle 40), and T20(Top 20). There's no criteria like how much u have to earn to be T20 since its percentile, that is roughly estimated to be 11-20k MYR. The properties there are insanely expensive, around 3 million if im not mistaken, no one can afford it, do some research before you talk.

The overcrowding problem in KL is because a lot of people from other states are moving to KL because of job opportunities, not because they wanted to live there, most of them would prefer to live in their hometown granted they have the same amount of income they'll get from KL. So ignorant.

​@@ivanong1694 Lol I am a local Malaysian bro. Anyway, you just need to look beyond how connections one mostly gains from networking events and seminars. The more people you meet who are broke, the less the rich has shared with them. Pretty straightforward right?

With high speed rails the China can build to connect to KL staying here would make sense especiallyif you want to get away from a crowded KL..too bad, local corruption made the project unfeasible.

how much is the monthly rent there?

Rent starts from rm600

boleh lawat secara percuma ke kat sini ?

@@ryukendo85 boleh je

Less critical thinking n living in a bottle.

@@andrewchew29 CCP's not doing very well hence the reduced photoshoot of members from year to year Italy: Leaving BRI Argentiana: New PM leaving BRI and prefers USD as main currency Malaysia: Cancelled $22 billion worth of BRI projects in 2018 due to concerns about debt and environmental impact. Myanmar: Cancelled the $900 million Kyaukpyu port project in 2021 due to political instability and public opposition. Philippines: Cancelled a $3 billion railway project in 2020 due to concerns over cost and transparency. Indonesia: Renegotiated several BRI projects and sought to reduce its dependence on Chinese funding. Thailand: Delayed a high-speed rail project due to financing concerns. Sri Lanka: Leased the Hambantota port to China for 99 years after being unable to repay loans. This raised concerns about "debt-trap diplomacy." Pakistan: Renegotiated the terms of several BRI projects to reduce debt burden. Nepal: Expressed concerns about the transparency and environmental impact of BRI projects. Kazakhstan: Cancelled a $5 billion gas pipeline project due to concerns about cost and environmental impact. Kyrgyzstan: Cancelled a $300 million railway project due to concerns about debt. Kenya: Renegotiated the terms of a $3.2 billion railway project to reduce debt burden. Uganda: Cancelled a $4 billion railway project due to concerns about cost and environmental impact. Sierra Leone: Cancelled a $200 million airport project due to concerns about debt. Ecuador: Cancelled a $1 billion hydroelectric project due to concerns about environmental impact. Costa Rica: Cancelled a $1 billion port project due to concerns about cost and transparency. Montenegro: Cancelled a $1 billion highway project due to concerns about debt and environmental impact. Czech Republic: Signed a memorandum of understanding with China to participate in the BRI, but has not yet implemented any major projects.

Begging easier no capital needed

Belt and Road Initiative of China is a Debt Trap.

Sad isn't it when it's opinion based and totally void of facts!

The UK

exactly.. if forest city in klang vallet or in KL... it will be spectacular.... full house sold out.. with that design..

then stop having world class fuck ups (not including MH flights as they are more freak accidents) and have world class achievements like a Nobel winner, greatest healthcare system or something... I say this as a Malaysian.

The non-swimmable crocodile infested beachfront pretty much killed that idea.

​@@ynnos5555 Look at Florida. Maybe there's still hope.

@@ynnos5555 uhh there isnt any crocs in Johore strait?

Typical malaysian. Cant accept reality when its literally right in front of them. Country Garden is now bankrupt.

Sounds like inescapable homeowner loans and people left with no money to live elsewhere.

escape means they got refund or somebody else buy their appartment because it's so empty, it feel like a nightmare

If I had millions of ringgit/US Dollars and could afford Singapore, I might get a condo at forest city....

It’s actually both. No functioning malls, shops, restaurant meant you have to travel for hours to run your errands or work. It’s also hard to leave since most unit owners invested their life savings for their deposits and are under contract to pay their monthly dues. They can’t afford to move out or their forfeit everything unless there’s someone willing to takeover their contracts. The non-swimmable beachfront also set it to flop.

@@azmanrahim9226 Penang!

Bbc fake news

Well it was lumped into the revised MM2H program as part of the SEZ option. So they plan to market it to expats soon.

Chinese tofu dreg, mixed with USA-backed Singapore bakchoy. You thing it is PR China only as developer? Haiya, Chinese from Singapore also come to built that ghost town.

I hv heard of american tofu dreg houses though.

Americans can't even keep a skyscraper in San Francisco straight or build a railroad

Usual BBC style??

"Why didn't you simply reject China's involvement?"

There's even 2 hotels within FC.

Aha, now you want to abandon capitalism and asking china to go back to socialism? Aren't you are the capitalist tourself?