Forest City – more clarity please


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.

5.5 PAYDAY OFFER: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , short position , forest city

Next In Business News

PIAM re-elects Ng Kok Kheng as chairman for 2026-2028 term
Amir Hamdan to end tenure as Prasarana president, CEO
Ringgit opens lower vs US$, mixed against peers
Trading ideas: CelcomDigi, Gamuda, UOA REIT, Bina Puri, DPS, Salutica, Ingenieur, Metronic, SkyeChip, Axis REIT, IGB REIT, IGB Commercial REIT, DXN
Rising fuel costs weigh on automotive sector despite NEV surge
Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm
DPS bags data centre job with Alibaba affiliate
IGB-REIT’s 1Q�net property income rises
Inflation eases in 2025
Maybank expands social reach with RM29bil in FY25

Others Also Read