Forest City redesignation as special financial zone good move

FILE PHOTO: Prospective buyers look at a model of the development at the Country Gardens' Forest City showroom in Johor Bahru, Malaysia February 21, 2017. REUTERS/Edgar Su/File Photo

PETALING JAYA: With the Forest City development in Johor now designated as a special financial zone, it will help to revitalise the township which has received lots of negative publicity over the last few years, says RHB Research.

Towards this end, the research house has maintained its positive view on the Iskandar Malaysia property market in Johor.