Forest City – more clarity please


  • Property Premium
  • Saturday, 20 Sep 2014

A MASSIVE project in Johor that will reclaim more than 2,000ha from the Straits of Johor and see a new island – or several connected islands – rising out of the sea abutting Singapore’s west coast is turning into a seemingly classic story of rampant big business, huge profits and nagging controversy.

Whether this hoary perception is true or not, the lack of transparency surrounding the project has certainly not helped matters.

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Business , short position , forest city

   

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