China economic woes, ecology fears hit reclaimed city off S'pore
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Johor Baru
A PLANNED multi-billion-dollar new city near Singapore is attracting interest from investors with promises of luxury living but there are questions over its future owing to China's economic woes and warnings of environmental catastrophe.
Forest City, a US$42 billion futuristic "eco-city" of high-rises and waterfront villas, will sit on four man-made islands on the Malaysian side of the Johor Strait just an hour from Singapore. Offering 700,000 residential units as well as shopping malls, international schools, hotels, convention venues and medical facilities on 3,425 acres (1,370 hectares), the city will even have its own immigration centre.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
