The $100 BN City Where No One Lives (Forest City)

Welcome to Forest City, a $100 billion megaproject in Malaysia that was once expected to house 1 million residents and become a futuristic green paradise. With minimal taxes, duty-free zones, and promises of modern living, it was marketed as the ideal city. Yet, eight years later, it stands nearly empty—a ghost town with only a fraction of its space occupied.

In this video, we dive deep into what went wrong with Forest City. From China’s real estate bubble burst to environmental challenges, and from legal troubles with Singapore to the financial downfall of Country Garden, we uncover the key reasons behind the city’s shocking failure.

Despite setbacks, Malaysia has declared Forest City a Special Financial Zone, and new incentives are coming in 2025. Could this ambitious project still have a second chance at life? Or will it forever remain a cautionary tale of failed urban planning and misguided investments?

Watch the full video to explore the rise, fall, and uncertain future of Forest City.

💬 Comment your thoughts: Can Forest City still be revived, or is it a lost cause?
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[ElaineWaterson]

All development needs at least 50% residents staying to keep the community alive. The main problem for forest city is more visitors than stayers. For forest city to be revived, the 70% owned properties need to be stayers instead of the foreign visitors. This seems to be impossible, so I think it's very difficult to revive forest city. Why they never offer free housing to Singaporeans to make up the stayers' shortages? This can bring down HDB buyers to Forest City to keep it alive? Their developers have no brains to pull all HDB Singaporeans to Forest City for free housing to eradicate this crisis?

[jongputin]

just checked the listing 2000 sqft for RM 1M is way too cheap. Every person in Singapore can easily afford this ( sell their HDB about 400K SGD on the lower end ). The company must continue to maintain the entire thing otherwise value will plummet.

[peterwong]

if any development is sold to overseas owners rather than locals, it will be doom. You need locals to create live in the development

[azadk]

It was meant for the Chinese and to support Singaporean to get houses in Malaysia since Singapore has limited space for housing.

[limtc]

Sell to SG. Army camps can move there. Can simulate many realistic FIBUA scenarios. Soldiers nights off can go JB for food and drinks.

[henrybutcher]

Why the YouTuber always said Malaysian are not affordable? The condominiums in the johor Bahru city is more expensive than here but it still selling fast when launch. The commercial units and factory are selling more than 1mil to 20mil but still buy by the local people. Forest city condo mostly less than 1mil; why the local cant effort. Have they do survey when they make the video.

[azmanhamid]

It's picking up, da government have took over .. n rapidly selling like hot cakes, a good choice for Singaporean to own property so much cheaper compared to Singapore, and with da international data base industry moving to Johor, in couples of years forest city will boom