Inside Malaysia's Failed $100 Billion GHOST CITY (shocking) 

Hope you enjoyed this slightly different video! 🧐 Would you like a long weekend in the ghost town of Malaysia? 😉❤️

How Ironic ... "Forest City" actually becoming a forest / jungle.

It’s in Malaysia. The Chinese government instated strict currency controls and the Malaysian government was reluctant to let Chinese buy apartments.

One of the best yet!!! Thank you guys.

Truly fascinating! Thank you both for sharing.

This reminds me of the set of a post-apocalyptic sci-fi movie. It looks creepy, intriguing and oddly beautiful. The foliage is gorgeous. The black mold and the crocodiles though, make the place a hard pass for me.

Reminds me a bit of the London Docklands area back in the day, huge hype then financial crash and developers struggling to sell the flats. Today the Docklands is full and buzzing.

That is so fascinating, but, yes, surreal! It has such potential and really is a nice idea.

Imagine you are a streamer who works from home and live here..... it's like a dream

Great video, Matt & Julia!

Wow that is mental...so interesting brilliant video

Such a high quality video. Thanks guys.

I really appreciate all the research Matt shares with us!

What a weird place. Definitely very odd vibes. As you say more questions than answers. As always thanks for the insight. ❤

Amazing video!

Well your questions can be easily answered. In fact the stage one is almost sold out. That is no joke. But the company lacks of delivery of delivery. Either they are not finised inside, or the buyers are not allowed to acquire. Because most buyers are Chinese. The cash has already flown for long time, but they cannot become owners because of governmental restrictions. In addition the buyers were promised to get mm2h status, but that will not be the case as they will not fullfil the revised much harder conditions. Whitout mm2h, they cannot move in and so they are hoping to get back the money they spent. Unfortunately, Country Garden has defaulted in their interest payment on their bonds and so the company will soon be delisted from Hongkong Stock Exchange. That means that the company itself will be put under liquidation and therefore they cannot continue operations for the moment. You must consider that Country Garden is only one typical project of the company, there are many others of similar size all around China, which are also sold out but not delivered yet. If there is no solution to this company, it might become the biggest desaster that ever happened in Chinese housing. So there are speculations that the government will step in soon and provid the company with fresh funds, as China cannot afford to liquidate this company. But it is really the last chance. However, it is unliely that this lead into stage 2-4. More likely they will finish stage 1 and find an exeption agreement with the Malay Government, so that the chinese buyers can acquire ownership and MM2H-residency. But this will come to a huge cost as it is hard to deal with Malay Government.

Wow!!! Fascinating video. Thanks for sharing.

My dad has an apartment unit here. Its not as bad as the video made it out to be. We are not from Malaysia but from Indonesia, we do use this place as a second home so rarely here but we maintain it well. Currently we are staying here for midterm stay. But most of the units arent purchased by malaysians and act as a second home thus not many people stay here long term. But they do have a functioning school that is attended by child of parents living here. And the residents constitutes of mostly foreigners. In my floor out of the 8 units 5 are resided and renovated but the other 3 is sold out but the owners never did anything to them as they are not from here. In my building there are Koreans, Chinese and Indonesians staying here. Its actually quite lovely and lively. We stay at ataraxia park 1 overlooking a swimming pool and its used daily by the residents almost all the time with minimum occupancy so you can enjoy the pool to your group if you time accordingly. The tennis courts and basketball courts are daily used too. Facilities are complete and whats great is due to the place not being so crowded the air is always great, barely any pollution. So if you like a modern atmosphere but want to do a getaway I think this place is the best of both worlds. The only downside i would say is that you need a car here as public transport to the downtown are of Johor is not frequent and its quite a ways away. But if you commute to singapore itll take you to the heart of singapore in 45 mins driving during non rush hour times.

Another cracking video guys.

Great vid very strange to see this place thanks for this last weeks vlogg wa good also 👍👍

This "ghost city" is in Malaysia not China but was built by a Chinese company.

great honest vid. Thanks

Great job on the video!

Awesome video w/ great content. I saw your channel when you guys had 2,000 subscribers. Now, you have over 200K subscribers. Great work and good luck to more ahead!

Actually properties there got 85% ownership rate/sold, just 2% occupancy rate because it's mostly second/vacation home for the owners. That's why they're maintained beautifully without much problem

What a waste of resources :( And in many other parts of the world people cannot find a home. Let alone millions of refugees who have nowhere to go. What a world ....

Love your videos, interesting, informative, a great sense of humour, and very well filmed. Keep safe guys 🤗🤗❤️❤️

Hi you two, this is the first time I've heard of Forest City, what a bizarre experience...it was really interesting to watch but I have so many questions which I'm sure you both do as well....very odd..... thanks for all you do! xox

excellent and unusual episode thanks guys muuuuuuha x

It's built on land owned by the Sultan of Johor also currently the king of Malaysia...there's talk that the proposed high speed rail station will be diverted to Forest City

What a beautiful place actually, and the peace and quiet may be a bit eerie but after a couple of days or nights in most Asian cities, it could be quite nice too, I guess. I hope they succeed in the future though!

Interesting video but a couple of minor quibbles: Forest City is not a Belt and Road Initiative (BRI) project. They tend to be state-backed public infrastructure projects, this is a private real estate venture between County Garden and the Sultan of Johor businesses. Secondly it’s not a $100 billion city, the actual cost is $4 bn.

What a mad ,weird, fascinating place..You did so well in describing it...thank you.😊

I live in Southern California. In 2019, I had someone come and give me an estimate for some construction work to do at my house. The price was two and a half times more expensive than what I expected. I asked him why. He told me that construction materials had gone Sky High. The reason was China was buying up all the local construction materials because they were booming in China! Now, I read and hear about ghost cities in China and can't help get angry about all the waste. It's hard to believe a country can allow such a thing to happen.

Why do they say fail china ghost city. This is a joint project of China private real estate and Malasian company.

This was built so rich Chinese people could buy up Malaysian property. It was never meant for Malaysians , so the government restricted ownership. All work stopped immediately afterwards. That tells you everything you need to know. Also, the properties are not worth anything. Tofu Dreg construction is why it’s falling apart after 5-8 years. There’s hundreds of these places all over China. Millions upon millions of empty, half finished homes and apartments. That feeling of being watched is real. You were being tracked the entire time.

great video

Thank you for this video. Im malaysian and staying in Malaysia but didnt know or heard the existence of this place. Such an eye opening.

Great video Kids!!

Your vlog from Forest City has the impression that it sheds a lot of knowledge about certain matters related to China, especially the explanation of the reasons for its failure. From what I read after your vlog, the project itself was also scandalous in many cases when it comes to nature-related destruction. This also sparked protests in Singapore. And the very sight of this abandoned city, before it really started to come alive, resembles a sci-fi disaster movie. As if a significant part of humanity had been exterminated and its few remnants remained in the buildings left by our civilization. Quite a telling sight for us humans. Regards.

This video is fantastic! Thank you for making it

Looks great, I'd live there. If someone was willing to spend the money, I bet they could make it work. Drop prices, turn half of it into hotels, make it a tourist destination instead of a residential area.

Now, this is great content! ;ooo :O

I don't see a future for this apartment complex.

Very interesting!!!

What an amazing and strange place. Thank you for the tour

This is really a strange place you found. As you mentioned completely opposite to Singapore in all ways. Thanks for posting this video. Regards from Denmark

Great video of a ghost city 😊

Brilliant. Video. Job well done ❤️❤️❤️🙏🙏🙏🏴󠁧󠁢󠁷󠁬󠁳󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿🏴󠁧󠁢󠁷󠁬󠁳󠁿

I've never heard of this place, but it's fascinating. I bet the Al Maktoum family could turn that place around and make it into a new Dubai in no time at all. It's all about the marketing now, because the infrastructure seems to be there.

It's safe to say the developer made a bad investment.

I worked in Bahrain in 1995 - 98 . Property development was ahead of population numbers. I was part of a building team , building a shopping centre. When completed only the cinema let in the first year. A year year later a super market and three or four shops. It is a good sign if the toilets flush, grass is cut, streets are clean.

interesting. Thanks!

There are so many properties in central Johor with an equally short trip to Singapore including Forest Cities long completed little sister called Country Garden. The project is supposed to be on 4 islands and was supposed to take 25 years when announced. As for the beach and the water nice to look at but to harsh to play on and definatley dont go in the water. Its not very clean and there are Crocs!

I wonder why the Malaysian authorities don't just compulsorily purchase the whole area and take control of the development. It must have massive potential being so close to Singapore.

It must be a little sinister to be in a deserted city. Happy travels to you both 😊

Interesting story. ❤

Good video very interesting...Amazing...🤔

A place that big and it leaves me with out a thing to say or ask ...... well done

I've been hearing about this place for many years and I'm absolutely astounded that they are still building! The place is beautiful but I heard that no one wants to live there because it's too far away from the city. Are the buildings being maintained or are they left to decay? That pool or fountain at 21:46 is beautiful as well as all the vegetation in the complex. It's highly doubtful that anyone there will answer questions honestly. It's like you went to sleep and woke up to find that everyone had disappeared. Those nighttime views tell a big tale. 😄

Straight out of a science fiction novel or Gabriel Garcia Marquez! Other worldly! Crazy weird. Eerie is the word. Thanks for this totally bizarre clip! Tashkent on Tuesday!

I still think I'd prefer China's model. Have too many homes and not enough people, with very little in the way of homeless people. Compare that to US, Canada, Australia UK... Where there are NOT enough homes, skyrocketing prices, and empty homes washing dirty money.

How dare anyone ask questions about a property they may want to buy! Just sign here and hand over the cash.

Fair assessment

Nice video

I'm in Forest City right now. It's quite empty but the non-tourist occupancy rate is rising. But for a place which is built for tourists, I find it ironic I kept being approached by security guards and told not to film in the buildings. Its a very irritating experience.

Matt oversold the spooky element of the city. Maybe do a Ghost hunting channel.

Who is maintaining the mechanical systems? Who is making repairs? There should be thousands of workers to maintain this city. I have so many questions.

What’s shaken? Nice upload. It would be really cool if you guys would show us the underground bunker part of the city that is underneath all that. Like someone said don’t worry it’s gonna be occupied really soon as soon as it is safe to come back up from down below.

This kind of place is so amazing, peaceful and modern in one

Welcome back to Malaysia. I;ve been watching your videos for a while now. What I heard they will open this housing city for Singaporean to buy since the economic downfall in China.

Great video, I was always interested in this project. Maybe they should have checked if the water was crocodile infested first.

I’m enjoy watching your video Please make a documentary about property situation in Sihanoukville in Cambodia. Thanks so much

WOW! YOU HAVE REALLY RAISED THE BAR WTH THIS VIDEO. i knew about this place and the Ghost Cities in China but I never thought I'd see one up close. It was, as you said Matt, incredibly eerie. It was also lovely. At night though, with the whole huge city in relative darkness, it feels almost trecherous. I can't thank you enough for going there...staying there!...You two are truly the best of exploreres. Love to You Both....Suzi

Where'd you guys get your food at??? Also pretty cool video y'all that is got to be a very strange place just from the looks of what you guys showed good video thank you.

So bizarre! Crazy… strange vibe also. Thank you for the vlog! I’d take a look at the chart of the moment when the agreement about building the city was signed up or its official “birthday”. Something obviously was off there. Unless that was the plan 🤔

Please be very careful it’s appears to be very sinister and creepy! ❤! Such a shame that a beautiful place is so abandoned.

Suggestion for a future vlog... I would like you to interview you sister and have her tell what it was like to go along with you two on such an incredible trip for her.

How can they turn these places into usable space.? Convert them into high retirement resort style apartments, and market them to the European, American and Japanese aging population. Currently, the Malaysian currency is cheap compare with the US$, EU-Euro and Japanese yen. Even neighbouring Singaporean might be interested. Many of them could become Malaysia, my second home residents. No?

it looks such a lovely place, i would stay there just for the reason its quiet!

Very eerie.

Question: did you do the drone shots? I'm surprised you'd have "permission" to do that... so so strange. Creepy beyond belief.

This Forest City really makes me sad on so many levels. What a wasted beautiful place. Being where it is I guess they wouldn't allow an outside country to come in and take control. Has so much potential. I like quiet but this is on a different level. So different from the other places you have shared with us.

Looks / Feels like it’s hunted. How weird is that place ? 👍❤️👍

Actually looks quite chill. Id love to live there as it would be quite a calming experience

Strange place indeed hello from down under ( Australia) you commented that you had the feeling you where being watched , you where being actively monitored ,just a casual viewing of your footage shows a whole security network with not only the visible cameras but the ones most people fail to see. Stands out as a 15 minute city the harbinger of dystopia. New sub here .

Bloody well spooky

how bizarre, how bizarre....

This is the type of place suspense/horror movies are made of. It has that, where are all the people, vibe.

Great content!!!

It's quiet, scenic, pleasant, and beautiful. Add people and you lose all that. Kind of like everywhere.

Chinese Developers make their money by churning out properties like these to sell to Chinese buyers. Chinese buyers do not buy these properties to live, but as investments. They buy apartments (usually their second by now), to hold until the value appreciates, and then sell to get a return on their investment. Forest City failed because a) the pandemic - buyers or potential buyers could not travel to Johor to view the development and put a deposit on their new apartment. b) Then Malaysia had a change of govt and the new govt was not so inviting to Chinese investors, particularly in property. c) Then the Chinese govt also cracked down on property investments, and on outflow of capital, so buyers could not service their mortgage for an apartment or home in Malaysia. And I am sure there were other issues. But overall, the plan and intended customers for Forest City was not based on reality. The plan was to build 700,000 units. On reclaimed islands. And priced for Chinese buyers but not Malaysian (local) buyers. The locals could not afford the units. And where would the 700,000 new home owners work? Are there offices, or businesses for 700,000 employees? The reality is that developers do not worry about the bigger picture. There is no bigger picture for them. Build the units, sell them, then move onto the next development.They have left a trail of ghost cities and uncompleted homes in the wake of the property development crash in China. This just happens to be in Malaysia. There are no industry in Johor that will need 700,000 workers who can afford homes in Forest City.

It’s beautiful but so sad from the information you gave

I wonder when developers will realize that most people don't want to live in bleak modernism, they want human-scaled walkable environments.

Surreal! The full sized city still looks like a model from the drone footage. Such a monumental waste of time, energy and materials; it's to be hoped that a purpose/new lease of life can be breathed into the place as it stands.

It is so sad to see the state of this growing city. I do hope they are able to figure out something financially and safe it. With 8 yrs now all the damage being done to the buildings will cost a mountain full of money to fix. It def is shady of how the staff reacted and behaved when you both were touring the area. I'd be skeptic to live there, as it looks to be a lot of false truths flying around to hide what they don't want people to know. Not only the destruction to the forests all for nothing. If nothing happens I see the forest city being over taken by the forests itself.

I’d love to find out the truth about this city? Very odd and reminded me of I Am Legend! Ultimately though, with so many homeless people around the world it’s such a shame. Feel for those who are stuck there! As usual another fascinating vlog guys but like you I have lots of questions!! I must Google this place! 🥰🙅‍♀️🙅‍♀️

Heavily crowded cities can be overwhelming... but, this ghost city can be kind of scary too!

lot of nature and few people .. Looks quite relaxing,

Absolutely very strange indeed. Apparently there's not very many people who live there. Something like that situation would definitely give me the creeps.