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Is Forest City officially a failed Megaproject? *2023 Update*

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Depressed Ginger

Depressed Ginger

Күн бұрын

Talking about the $100 Billion mega project Forest City in Malaysia
My Twitter - / realpatrickmcl
Article Credit - www.insider.co...

Пікірлер: 111
@Testforexcellence13579
@Testforexcellence13579 Жыл бұрын
The parent company in China almost bankrupt now… good luck for those bought these condos… My condolences
@peterlee6148
@peterlee6148 Жыл бұрын
Yes country garden in china is in financial trouble.
@trickolas78
@trickolas78 Жыл бұрын
Never heard of this before. Thanks for shining a light on it
@alikoubrujup_Argentina
@alikoubrujup_Argentina Ай бұрын
1)Political involvement 2) Governments policy change 3) Ecosocial issue 4) Quality issue built on reclaimed land.
@vwchan841
@vwchan841 Жыл бұрын
Well, 2 things that could change the ballgame: (1) high speed train between Malaysia and Singapore once finished could bring folks and (2) spillover from Singapore as it becomes too expensive for most people. With how Singapore is exploding across the waterway, it is just a matter of time before this area gets relooks from locals and foreign investors.
@raymondloke
@raymondloke Жыл бұрын
HSR cancelled by Mahathir
@Secretname807
@Secretname807 Жыл бұрын
That would be great. They tried that, but it was cut under Mahathir due to lack of funding. Maybe the country can find the funding and finally build it.
@contrarian2496
@contrarian2496 Жыл бұрын
will never happen due to corruption from Malaysia govt
@ditsygirl5409
@ditsygirl5409 Жыл бұрын
Singapore and Singaporean are not going to save them because the project is dead and this project has also been advertised in Singapore a few years ago and I’m sure that many Singaporeans were also attracted to the project, just not sure how many Singaporean bought the apartments there.
@vwchan841
@vwchan841 Жыл бұрын
@@ditsygirl5409 Yet, as we speak it is getting more and more expensive in Singapore. Something has to give. Singapore can't grow anymore and other than reclaimed land Singapore is landlocked. Sooner or later, life and housing over the border will look darn good.
@handsomesg6390
@handsomesg6390 Жыл бұрын
Developer is burning money Everyday for the infrastructure maintenance, utilities and etc.
@channa_keeperz8587
@channa_keeperz8587 9 ай бұрын
They waiting for the forest to grow …. Then it make sense
@thomastay1638
@thomastay1638 7 ай бұрын
They are waiting for the forest to grow into a tropical jungle fit only for the Tarzons and their chimpanzees.
@Mr.Ed_Wayner
@Mr.Ed_Wayner Жыл бұрын
Maybe they could put a Disney World there and make it a vacation place.
@dps2933
@dps2933 Жыл бұрын
Malaysia has prepare a tract of land nearby. But Disney dont want to come to Malaysia. The market in South East Asia is too small.
@wildearth3992
@wildearth3992 11 ай бұрын
@@dps2933too poor
@Ace-mw9pm
@Ace-mw9pm 7 ай бұрын
And there is already a Disney world in Shanghai and Tokyo. Which are relatively close.
@adanalyst6925
@adanalyst6925 Жыл бұрын
Honestly looks pretty cool. Gives me maze runner vibes
@jytan740
@jytan740 Жыл бұрын
it really become "forest" city with no ppl
@napsenhasman6697
@napsenhasman6697 Жыл бұрын
should have make it Hollywood town for Zombie movies 😃😃😃
@dps2933
@dps2933 Жыл бұрын
in the 1st place , do Malaysia with large tract of undeveloped land need to land fill a land in the sea? Its a gimmick from Chinese developer to attract money of Chinese Singapore is less than 400m. But the highly congested Custom and immigration process usually take 2 hours to clear. Almost enough time to travel to Malacca.
@melvinch
@melvinch Жыл бұрын
There's lots of kickbacks going around with the reclamation project. 😉
@calvin6429
@calvin6429 7 ай бұрын
its a fail project. properties are being sold at 50% to 70% discount still no buyers
@Ben-kz2km
@Ben-kz2km 11 ай бұрын
This makes no sense to me. Where does the insane amount of money used to build this come from? Imagine what could have been done to improve real, organic cities with this amount of money!
@tijldeclerck7772
@tijldeclerck7772 11 ай бұрын
Chinese real estate bubble money
@JOYBMyne
@JOYBMyne 10 ай бұрын
I hope they make it work. Great idea.
@dogcowrph
@dogcowrph Жыл бұрын
Have the designers ever play be SimCity? That may have been helpful. I know, build a stadium. That always works for cities. 😆
@adanalyst6925
@adanalyst6925 Жыл бұрын
So Howard terminal basically?
@endi4654
@endi4654 Жыл бұрын
And add in some mods.. Surefire win
@peterlee6148
@peterlee6148 11 ай бұрын
Too late for that.
@Secretname807
@Secretname807 Жыл бұрын
It's funny. I live in Malaysia and we almost never hear about this.
@byteme9718
@byteme9718 Жыл бұрын
The press is still pretty much state run so rarely deviate from the desired narrative.
@ernestyeap3053
@ernestyeap3053 11 ай бұрын
Thanks for the info. Your English is very good and clear
@Lic_471
@Lic_471 6 ай бұрын
sinapore
@pantsgaming759
@pantsgaming759 5 ай бұрын
i wounder if all those apartment where sold off the plan? i imagine so alot of Chinese investors got burnt
@Benny_Shill
@Benny_Shill Жыл бұрын
Been there, it's cool but if you buy it you can't live there because malaysian immigration requires you to show proof of income of 10k usd per month to get a visa.
@dps2933
@dps2933 Жыл бұрын
Used to be 5K only before COvids. Malaysia always has the habit of change rules against foreigner abruptly. Many Singaporean get hurt before.
@llothar68
@llothar68 11 ай бұрын
@@dps2933 Even 5k is too much for almost everyone. And this is not household but per head.
@meipakyu4688
@meipakyu4688 4 ай бұрын
If i was a movie producer, I would come to this place and make a zombie movie. The title would be "The Rise of Gay zombies"
@petrospetromixos6962
@petrospetromixos6962 9 ай бұрын
The problem with this cities is their buildings are ugly, i mean if you plan to do something like that make it beautiful,see traditional old architectur
@jasoncuculo7035
@jasoncuculo7035 Жыл бұрын
Skyscrapers with plants, not far enough. Berm home cities with cars running through underground tunnels with pedestrians and parkland on the top.
@BlueEagleSG
@BlueEagleSG Жыл бұрын
It is definitely doom to fail. If the price is not affordable to Malaysians, it will surely fail. Its not a city, it's a forest
@RuthlessPope
@RuthlessPope Жыл бұрын
Speaking of doomed projects, would you ever do a video on the Fyre Festival?
@polygonlens
@polygonlens Жыл бұрын
why arent there any videos but photos only
@beetledune9264
@beetledune9264 8 ай бұрын
The place name is suiii,need buang suii one,only can move forward.
@lila-yw2gn
@lila-yw2gn 6 ай бұрын
Ignore this comment as this is a personal msg for someone For my other self Why would you think that my life is bad? Was it because of my classmates?. Really? You think that they are really that important? I value my friends like gold, however, if they aren't my friend and they dont give a shit about me, then i dont give a shit about them either. They're not that important to ruin my life. I am blessed to have good parents and the help that i get from my friends and of course, the love that i get from my angel. I dont need a lot of friends just to prove that i have a happy life. If i will have a conversation with people, i always wish its a genuine and deeper conversation, which is a rare thing to happen. Im okay with having mundane conversation if its with my lover or someone that im intrigued, but if its just a random stranger and he will talk to me about mundane things, then i would rather do other things than talking to him. Im not needy of having companions just for the sake of showing that i have a happy life.
@hansontan6025
@hansontan6025 Жыл бұрын
Thanks to our Oldest PM Mathey
@hsiungsan8063
@hsiungsan8063 Жыл бұрын
You give Mahathir too much credit. Project was catered to foreigners. If it had catered to locals then Mahathir could have done nothing to sink it.
@anohneemel3403
@anohneemel3403 Жыл бұрын
China blocked their people from making foreign purchase loans. That was the nail on the coffin. Country Gargen and Evergrande going bankrupt doesn't help either.
@dps2933
@dps2933 Жыл бұрын
@@hsiungsan8063 Think of Johor Royal. They sell the whole country to British
@andirustam7885
@andirustam7885 Жыл бұрын
Malaysia sell his country
@Keylevitation
@Keylevitation Жыл бұрын
all they gotta do is sell the whole project to singapore. singapore gets more housing and the malaysian/chinese builders and investors get most of their money back
@dps2933
@dps2933 Жыл бұрын
Not easy politically. Its sovereign issue. They has been suggestion to let Singaporean enter without passport into the land now occupied by RF Princess Cove, but get rejection from public.
@jasoncuculo7035
@jasoncuculo7035 Жыл бұрын
Berm cities at least in temperate climates that is. In Malayasia tropical fauna including snakes and numerous poisonous insects everywhere. Just covering skyscrapers with some bushes not far enough.
@cycglplg
@cycglplg 11 ай бұрын
the Chinese govt has foresight.... very soon, each unit would not cost more than 50k LOL the project didn't fail according to the developer
@jonidjoharijonidjohari5385
@jonidjoharijonidjohari5385 10 ай бұрын
Mereka senjaga bialkan pokok Tu tumbuh sebab forest city kan
@jonidjoharijonidjohari5385
@jonidjoharijonidjohari5385 10 ай бұрын
For Singapore
@syarizansulaiman6554
@syarizansulaiman6554 Жыл бұрын
Is not true, forest city 🌆 now is vibes
@andyvong9660
@andyvong9660 Жыл бұрын
AI your voice😂
@teckhu1722
@teckhu1722 Жыл бұрын
Obviously paid video by Forest City. It is amusing all the spins and misinformation contained in this video.
@edwardlumsianming3430
@edwardlumsianming3430 Жыл бұрын
In the end, it is all about can it be SUBSTAINABLE 😢😢😢😢😢😢😢😢😢😢😢😢
@ceeesscee7400
@ceeesscee7400 Жыл бұрын
A casino would be an interesting solution 😜
@007thematrix007
@007thematrix007 Жыл бұрын
a total gimmick of a real estate project .....
@Azwad
@Azwad 11 ай бұрын
Just stop the development and revitalise the current infrastructure first before proceeding further. A redevelopment idea should be considered eg theme park
@belangsemput
@belangsemput Жыл бұрын
Meanwhile Penang is planning to create another one.
@dps2933
@dps2933 Жыл бұрын
Penang one is for Malaysia Chinese. This project is used for foreign investor, especially those China one
@Sahril-tm9cb
@Sahril-tm9cb Жыл бұрын
Buat reban.
@holyalmightycreatorgroup2015
@holyalmightycreatorgroup2015 8 ай бұрын
Help!!!
@user-nl9kg8cl6m
@user-nl9kg8cl6m 4 ай бұрын
Its failed 100% made in china😂
@rdo3575
@rdo3575 Жыл бұрын
Its giving “stormfront” vibes from CoD ghosts
@nagasadow
@nagasadow Жыл бұрын
Destroyed not by Pandemic but by that old senile Mahathir 😂
@peterzotti6430
@peterzotti6430 8 ай бұрын
Rome wasn't built in six years of development... Lol... Cities take time to grow... Real estate speculation scams grow instantly... Give forest city a chance... It has decades to go... I almost went last time I went to Thailand but that would of cut into my Thai hooker time... And that's sacred... But next time I go I will check it out for sure... I think it looks beautiful...
@HimothyHolifield
@HimothyHolifield Жыл бұрын
this is hilarious, this guy used to be an Ohio State football "insider" who did videos on recruiting lol until he started sighting sources and giving false news .. now he does this ... hilarious 😂
@mingwu1133
@mingwu1133 Жыл бұрын
Issue long term Visa to those who bought it and the place will revive. Simple.
@dps2933
@dps2933 Жыл бұрын
Chinese? Let China occupy Malaysia?
@ngtommy1139
@ngtommy1139 Жыл бұрын
Maylay malay or China china?
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