Forest City size revised, GDV now cut to RM450bil

PETALING JAYA: Work at the high-profile Forest City project, which has seen its gross development value (GDV) cut by 25% to RM450bil, has recommenced after a halt since June 16 last year.

The acreage of the development, which has been revised twice, was reduced from its original 1,978ha to 1,386ha, the developer of the project Country Garden Pacificview (CGPV) said in a statement.