Inside China's Failed $100 Billion GHOST CITY (shocking)
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- čas přidán 11. 04. 2024
- This is Forest City, the mega-project built to house one million people, turned Ghost Town in just 8 years...
It's unbelievable what's happening here, in this abandoned ghost town in Malaysia. Forest City was funded by building consortium Country Garden from China, this 'futuristic city' cost over $100 billion USD, but since it was completed, things haven't gone to plan, and ultimately, it seems this Chinese utopia on the edge of Singapore, may have failed. After reading about this place online, we knew we had to fly to Malaysia to find out what is really happening here! All the background information, how this happened and why no one wants to live in this city are this video.
This was a really crazy video to make, and creepy place to investigate, but was incredibly interesting and despite some real ghost town vibes, we are happy we made it. And on that note, without further ado, enjoy!
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#abandoned #abandonedplaces #ghosttown #travel #asia #forestcity
Inside China's Failed $100 Billion GHOST CITY
Hope you enjoyed this slightly different video! 🧐
Would you like a long weekend in the ghost town of Malaysia? 😉❤️
Bonjour, je vous pose des questions. Vous n'avez rien répondu, je me suis abonnée pour rien. Je crois, bonne journée.
Nope!! Too scary for me!! X
Had a feeling almost like "The last of us" game. Spooky😮
The beach certainly looks beautiful, but I’m sure it’s too hot to sunbathe. And I am not too sure about the swimming. I really do enjoy your videos.
Make sure you prod people to subscribe. I checked and somehow I had been unsubscribed, but I’m now subscribed again.
This reminds me of the set of a post-apocalyptic sci-fi movie. It looks creepy, intriguing and oddly beautiful. The foliage is gorgeous. The black mold and the crocodiles though, make the place a hard pass for me.
It's safe to say the developer made a bad investment.
Yep. It's explained @ 7:05 a combination of bad policies.
It's still a nice place. However the developer needs to sell it at a discount at this stage.
It is better to take a hit now then to lost the entire investment.
The developer was Country Garden, which is now bankrupt owing to China's real estate woes.
How Ironic ... "Forest City" actually becoming a forest / jungle.
Reminds me a bit of the London Docklands area back in the day, huge hype then financial crash and developers struggling to sell the flats. Today the Docklands is full and buzzing.
That scale not seen in Malaysia. Takes time.
It will take decades before the Chinese propert crisis has been sold. Maybe the Malaysian government could buy it cheap and attract other foreign buyers?
Get rid of the black mold first.
@@FRIPPE_THE_GREAT Apparently you don't understand WHY these places aren't selling. You can't sell something cheap, when people are going to buy places expecting it to last decades because after all it's housing and cheap is still expensive, but that's not what happens with Tofu Dreg construction.
Buildings like this are falling apart in CHINA ALL THE TIME, built by the very company(s) that built this project and don't for a second start to think they built it better outside of China because BRI projects around the world are experiencing problems because of poor construction.
There was a housing complex just last week, built in the last 30 years that had to be demolished because it separated, where two segments of the building separated from each other which created of course all kinds of problems including gas leaks, but when a segment of the building that was leaning had part of the top fall away, it was demolished the next day.
ALL THE TIME this happens in China and their BRI projects outside of China.
These were built with the expectation that Chinese people would buy these places because the units were NEVER priced in a range that Malaysians could afford, and the ones who could enjoy their own places already, in the towns where they're from.
There's also at least 2 ghost cities IN China.
It’s in Malaysia. The Chinese government instated strict currency controls and the Malaysian government was reluctant to let Chinese buy apartments.
nah, the project failed because DR M wanna restrict Chinese buying. It's well known in Singapore that Malaysian govt like to flip their policies like a pancake (Prata). Thats the reason why although Malaysian properties are 5-10x cheaper than Singapore, not many Singaporeans are rushing to snap them up. I have a friend who bought a terrace house in JB and lost 70-80% of value due to to govt policy changes.
It was promoted during the Najip Razak era but when Mahathir became PM again he restricted PRC purchases
Madey is a racist.
Get your facts right. This whole project was targeted for rich mainland Chinese people and not Malaysians. Malaysians honestly couldn't care less about this place.
@@user-gb2sw2no3l still doesn't change the facts Malaysian govt, esp under dr M, likes to flip their policy like prata. 😆
Interesting video but a couple of minor quibbles: Forest City is not a Belt and Road Initiative (BRI) project. They tend to be state-backed public infrastructure projects, this is a private real estate venture between County Garden and the Sultan of Johor businesses. Secondly it’s not a $100 billion city, the actual cost is $4 bn.
No minor, actually.
Vloggers mostly copy each other for volume.
Dun really care about all facts.
It can also a convenient arena to smear BRI and China.
Looks like the Sultan keeps pouring money into the place to keep it up. Come back in 5 years. It will probably be booming.
@@Sealight007 With Chinese construction? Tofu buildings will collapse in 5 years.
The estimate of $100 billion as the budget for the project appears in many reputable sources, including Bloomberg.
this is a money laundering scheme and form of capital flight in the name of so called investing
One of the best yet!!!
Thank you guys.
Imagine you are a streamer who works from home and live here..... it's like a dream
Thats a straight up Nightmare, wake me up please.
Not really, you would worry about it falling down because of tofu dreg construction. Those towers will be a rotting, rusty heap within another decade.
@@lookingbehind6335 you're sad
What a weird place. Definitely very odd vibes. As you say more questions than answers. As always thanks for the insight. ❤
Funny twist and spin !
Nothing "weird" about apartment building complexes .
Well your questions can be easily answered. In fact the stage one is almost sold out. That is no joke. But the company lacks of delivery of delivery. Either they are not finised inside, or the buyers are not allowed to acquire. Because most buyers are Chinese. The cash has already flown for long time, but they cannot become owners because of governmental restrictions. In addition the buyers were promised to get mm2h status, but that will not be the case as they will not fullfil the revised much harder conditions. Whitout mm2h, they cannot move in and so they are hoping to get back the money they spent.
Unfortunately, Country Garden has defaulted in their interest payment on their bonds and so the company will soon be delisted from Hongkong Stock Exchange. That means that the company itself will be put under liquidation and therefore they cannot continue operations for the moment.
You must consider that Country Garden is only one typical project of the company, there are many others of similar size all around China, which are also sold out but not delivered yet. If there is no solution to this company, it might become the biggest desaster that ever happened in Chinese housing. So there are speculations that the government will step in soon and provid the company with fresh funds, as China cannot afford to liquidate this company. But it is really the last chance. However, it is unliely that this lead into stage 2-4. More likely they will finish stage 1 and find an exeption agreement with the Malay Government, so that the chinese buyers can acquire ownership and MM2H-residency. But this will come to a huge cost as it is hard to deal with Malay Government.
Thank you for clarifying.
So Essentially the Malays fk them...
What info source are you using to determine that "stage one is almost sold out"?
Get lost chicoms you all bring disasters everywhere you all go
What a beautiful place actually, and the peace and quiet may be a bit eerie but after a couple of days or nights in most Asian cities, it could be quite nice too, I guess. I hope they succeed in the future though!
If I hv the money, I do not mind living in a tax free zone like this. No annoying neighbours at the villas
Truly fascinating! Thank you both for sharing.
Thank you for this video. Im malaysian and staying in Malaysia but didnt know or heard the existence of this place. Such an eye opening.
It’s so strange that people in the country don’t know about it. Like they didn’t actually want people to move in?
I don't see a future for this apartment complex.
That is so fascinating, but, yes, surreal! It has such potential and really is a nice idea.
This was built so rich Chinese people could buy up Malaysian property. It was never meant for Malaysians , so the government restricted ownership. All work stopped immediately afterwards. That tells you everything you need to know. Also, the properties are not worth anything. Tofu Dreg construction is why it’s falling apart after 5-8 years. There’s hundreds of these places all over China. Millions upon millions of empty, half finished homes and apartments.
That feeling of being watched is real. You were being tracked the entire time.
Great video, Matt & Julia!
Awesome video w/ great content. I saw your channel when you guys had 2,000 subscribers. Now, you have over 200K subscribers. Great work and good luck to more ahead!
Great vid very strange to see this place thanks for this last weeks vlogg wa good also 👍👍
I really appreciate all the research Matt shares with us!
And Julia....
Actually properties there got 85% ownership rate/sold, just 2% occupancy rate because it's mostly second/vacation home for the owners. That's why they're maintained beautifully without much problem
Amazing video!
Wow that is mental...so interesting brilliant video
Hi you two, this is the first time I've heard of Forest City, what a bizarre experience...it was really interesting to watch but I have so many questions which I'm sure you both do as well....very odd..... thanks for all you do! xox
Thank you so much! Really glad you enjoyed it 🥰❤️
This "ghost city" is in Malaysia not China but was built by a Chinese company.
Yeah, kind of misleading to say Chinese ghost city. Makes people think it’s in China but it’s actually in Malaysia. But there’s so much anti China propaganda that I guess you get more views if you make people believe it’s in China instead of Malaysia.
But it is run by China and catering to people from China. Malaysians are not even interested in these apartments.
That's what they said if you would have paid attention.
@@keepcreationprocessJB 10:12 Johor State in Malaysia.
@@patrickjebireden1286 thankyou- it looks interesting- would like to see in real life...
Looks great, I'd live there. If someone was willing to spend the money, I bet they could make it work. Drop prices, turn half of it into hotels, make it a tourist destination instead of a residential area.
It's built on land owned by the Sultan of Johor also currently the king of Malaysia...there's talk that the proposed high speed rail station will be diverted to Forest City
It is not land, it is sea. We sold the sea not land. How can you be so ignorant that the city was built on the sea, reclaimed ofcourse. And we sell sea, who else could sell their sea?
I wonder why the Malaysian authorities don't just compulsorily purchase the whole area and take control of the development.
It must have massive potential being so close to Singapore.
I agree.
Any land of the Johor sultanate is johor's business. It is the most powerful state in Malaysia with their own army. No kidding. So the gov of Malaysia can assist in policies eg easing criteria for mm2h, easing visa, tax free status. It cannot afford paying 100b USD. That is madness. We have many world class projects to complete like the ECRL train from Thai border, the Pan Borneo (1600 km) highway. The KL to Singapore HSR. It is a mega private initiative. Nothing to do with Malaysian gov.
You guys knocked it out of the park with this video.Icould actually feel the desolate feeling that you spoke about.Did you get a good Chinese meal out of It cause I know know you like to eat!!!!!!😊Kathy here subscriber from USA.
The place is already quite well sold.
And new islands are not reclaimed yet.😂
@SSxxx18 maybe speculative buying. Not staying there. So after 5 years can sell.
Another cracking video guys.
How dare anyone ask questions about a property they may want to buy! Just sign here and hand over the cash.
There is obviously more there than meets the eye.
They are not stupid they know that these vloggers are not there to buy
@@sleo3720 Fair point. They can probably 'sniff out' who's genuine and who's not.
Garbage like this is why Chinas economy is crashing. There’s hundreds of these towns all over China proper.
Wow!!! Fascinating video. Thanks for sharing.
My dad has an apartment unit here. Its not as bad as the video made it out to be. We are not from Malaysia but from Indonesia, we do use this place as a second home so rarely here but we maintain it well. Currently we are staying here for midterm stay. But most of the units arent purchased by malaysians and act as a second home thus not many people stay here long term. But they do have a functioning school that is attended by child of parents living here. And the residents constitutes of mostly foreigners. In my floor out of the 8 units 5 are resided and renovated but the other 3 is sold out but the owners never did anything to them as they are not from here. In my building there are Koreans, Chinese and Indonesians staying here. Its actually quite lovely and lively. We stay at ataraxia park 1 overlooking a swimming pool and its used daily by the residents almost all the time with minimum occupancy so you can enjoy the pool to your group if you time accordingly. The tennis courts and basketball courts are daily used too. Facilities are complete and whats great is due to the place not being so crowded the air is always great, barely any pollution. So if you like a modern atmosphere but want to do a getaway I think this place is the best of both worlds. The only downside i would say is that you need a car here as public transport to the downtown are of Johor is not frequent and its quite a ways away. But if you commute to singapore itll take you to the heart of singapore in 45 mins driving during non rush hour times.
Thank you for being a supportive neighbour. We welcome you anytime anyday
I worked in Bahrain in 1995 - 98 . Property development was ahead of population numbers.
I was part of a building team , building a shopping centre. When completed only the cinema let in the first year. A year year later a super market and three or four shops.
It is a good sign if the toilets flush, grass is cut, streets are clean.
Such a high quality video. Thanks guys.
Now, this is great content! ;ooo :O
excellent and unusual episode thanks guys muuuuuuha x
Your vlog from Forest City has the impression that it sheds a lot of knowledge about certain matters related to China, especially the explanation of the reasons for its failure. From what I read after your vlog, the project itself was also scandalous in many cases when it comes to nature-related destruction. This also sparked protests in Singapore. And the very sight of this abandoned city, before it really started to come alive, resembles a sci-fi disaster movie. As if a significant part of humanity had been exterminated and its few remnants remained in the buildings left by our civilization. Quite a telling sight for us humans. Regards.
Why do they say fail china ghost city. This is a joint project of China private real estate and Malasian company.
Great video Kids!!
great honest vid. Thanks
How can they turn these places into usable space.? Convert them into high retirement resort style apartments, and market them to the European, American and Japanese aging population. Currently, the Malaysian currency is cheap compare with the US$, EU-Euro and Japanese yen. Even neighbouring Singaporean might be interested. Many of them could become Malaysia, my second home residents. No?
Extremely good idea, they should market it to the western countries, lots retirees (if Malaysia MM2 requirements are cheaper/lower) will be interested if outgoings r not too high. It’s actually at a very good site
It's all about the $$$
You won't believe this but the retired European are actually poor now
As a European I would prefer Spain, where you can find beach property at similar prices, without the crocodiles and mold (but check carefully), within the EU and with your home country health care coverage. Americans would probably be hesitant about a Muslim country and prefer Costa Rica or Thailand.
If you want to populate phase one quickly, move the people of Gaza there.
They did promoting the place to every continents of the world. There are no specific nationality requirements, it is open to all human being, with money ofcourse
What a waste of resources :( And in many other parts of the world people cannot find a home. Let alone millions of refugees who have nowhere to go. What a world ....
Malaysia can place 100k rohinyas here to make it "vibrant" but they will mess it up like our towns.
It's a commercial project. And you can't force people to like it. That's it.
If you work you can find a home to buy . Refugees can stay where they are .
It might interest you to know that they reclaimed land from the sea to build this thing, while huge plots of land in the State of Johor Bahru are left untapped. The whole idea is to inch as close to Singapore as possible, so they can market the "A City next to land scarce Singapore" in their sales pitch.
Love your videos, interesting, informative, a great sense of humour, and very well filmed. Keep safe guys 🤗🤗❤️❤️
I've never heard of this place, but it's fascinating. I bet the Al Maktoum family could turn that place around and make it into a new Dubai in no time at all. It's all about the marketing now, because the infrastructure seems to be there.
I remember those day when they predicted that the palm jumeirah will failed due to delays but look what happened to palm jumeirah now. Hope we could be as successful as palm jumeirah does
There are so many properties in central Johor with an equally short trip to Singapore including Forest Cities long completed little sister called Country Garden. The project is supposed to be on 4 islands and was supposed to take 25 years when announced. As for the beach and the water nice to look at but to harsh to play on and definatley dont go in the water. Its not very clean and there are Crocs!
What a mad ,weird, fascinating place..You did so well in describing it...thank you.😊
Thank you so much ❤️🙏🏼
great video
Beautiful place ❤️
Glad you enjoyed the video 😊
@@MattandJulia ❤️
This is really a strange place you found. As you mentioned completely opposite to Singapore in all ways. Thanks for posting this video. Regards from Denmark
Great video of a ghost city 😊
"What in the world went wrong?" Corruption, greed, and poor planning.
This video is fantastic! Thank you for making it
It's quiet, scenic, pleasant, and beautiful. Add people and you lose all that. Kind of like everywhere.
Welcome back to Malaysia. I;ve been watching your videos for a while now. What I heard they will open this housing city for Singaporean to buy since the economic downfall in China.
Straight out of a science fiction novel or Gabriel Garcia Marquez! Other worldly! Crazy weird. Eerie is the word. Thanks for this totally bizarre clip! Tashkent on Tuesday!
It must be a little sinister to be in a deserted city. Happy travels to you both 😊
Loving your channel both of you. There is a part of Tianjin in China which is very similar to this - a complete ghost city with incredibly ornate houses.
I stayed at the Tianjin Goldin Metropolitan Polo Club hotel. There were about 20 of us staying in this huge, beautiful building, and my room was a palatial suite. I was the only one who used the massive indoor pool through the week I was there. Really worth a visit when you’re next in China 🙏🏽
Ohhh interesting! We would love to visit for sure! 😍❤️
In Vietnam too.
Tianjin Goldin Metropolitan Polo Club ❤️
China mainland has many such cities. Normal there.
Very interesting!!!
What’s shaken?
Nice upload.
It would be really cool if you guys would show us the underground bunker part of the city that is underneath all that.
Like someone said don’t worry it’s gonna be occupied really soon as soon as it is safe to come back up from down below.
This kind of place is so amazing, peaceful and modern in one
Suggestion for a future vlog... I would like you to interview you sister and have her tell what it was like to go along with you two on such an incredible trip for her.
Reminds me a bit of some parts of Eastern Germany after the reunification. Everything is nice, working, tidy but there are no people anywhere. Like in a computer game when you are unable to switch to multiplayer mode.
This is the type of place suspense/horror movies are made of. It has that, where are all the people, vibe.
The sad part of this is not about the people who are there. It was never built for the people from Malaysia. It's sad because it's junk, and this is understood by the very people it was built for and THAT is why it's a ghost town. The very Chinese who would live there would rather live in well built places that they can trust. They've seen too much already in China of the failures of Tofu-Dreg construction. They don't trust it and rightly so.
THIS place is an environmental disaster. It was NEVER built the way Singapore was built, which is high quality, following environmental rules and engineering practices when built. NO company in the world can put building up this fast and it be high quality. China in NO WAY gets around that fact and the failures of this practice of fast construction is killing people all the time in China. But you can't cover it, unless information/video is smuggled out of China. But mainstream media won't cover it because they want to maintain a presence in China and they'll get kicked out of China if they do cover it, BEST case scenario.
So, Singapore works because most of the city-state was designed with airflow in mind. Then you have forest in the city and it was designed RIGHT. It took a lot of thought and planning. This place was thrown up as quickly as possible.
Interesting story. ❤
Thank you! ❤️
Chinese Developers make their money by churning out properties like these to sell to Chinese buyers. Chinese buyers do not buy these properties to live, but as investments. They buy apartments (usually their second by now), to hold until the value appreciates, and then sell to get a return on their investment. Forest City failed because a) the pandemic - buyers or potential buyers could not travel to Johor to view the development and put a deposit on their new apartment. b) Then Malaysia had a change of govt and the new govt was not so inviting to Chinese investors, particularly in property. c) Then the Chinese govt also cracked down on property investments, and on outflow of capital, so buyers could not service their mortgage for an apartment or home in Malaysia. And I am sure there were other issues.
But overall, the plan and intended customers for Forest City was not based on reality. The plan was to build 700,000 units. On reclaimed islands. And priced for Chinese buyers but not Malaysian (local) buyers. The locals could not afford the units. And where would the 700,000 new home owners work? Are there offices, or businesses for 700,000 employees?
The reality is that developers do not worry about the bigger picture. There is no bigger picture for them. Build the units, sell them, then move onto the next development.They have left a trail of ghost cities and uncompleted homes in the wake of the property development crash in China. This just happens to be in Malaysia. There are no industry in Johor that will need 700,000 workers who can afford homes in Forest City.
No worries. We sold the sea, we kept the money to taxpayer coffers and leave to the buyer to do whatever they want with that sea. Malaysia didnt lose a dime. And malaysia didnt bother to buy the property as we have plenty of landed hose already. Who need house on the sea?
Great video, I was always interested in this project. Maybe they should have checked if the water was crocodile infested first.
Who is maintaining the mechanical systems? Who is making repairs? There should be thousands of workers to maintain this city. I have so many questions.
Nobody, just like everything Chinese, it’s an illusion. Look up Tofu Dreg projects.
An ant infestation coupled with Black Mold is enough to shut the whole place down as it is.
It would probably cost millions just to deal with those two issues alone. The investment company and government should fix the place up and market it to expats and vacationing foreigners, for purchase or rent.
Who wouldn’t want a three bedroom penthouse suite for $800 dollars a month.
Something to think about………..
The group behind this construction, went down and that’s why it is as it is.
WOW! YOU HAVE REALLY RAISED THE BAR WTH THIS VIDEO. i knew about this place and the Ghost Cities in China but I never thought I'd see one up close. It was, as you said Matt, incredibly eerie. It was also lovely. At night though, with the whole huge city in relative darkness, it feels almost trecherous. I can't thank you enough for going there...staying there!...You two are truly the best of exploreres. Love to You Both....Suzi
this is in malaysia tho lol
What an idiot, this is not in China,
Where'd you guys get your food at??? Also pretty cool video y'all that is got to be a very strange place just from the looks of what you guys showed good video thank you.
You're quite nonchalent about black mold. Some kinds are quite toxic.
Greed is the biggest weakness of the greedy.
Looks like these developers would rather lose everything than lower the price.
The developer is too lazy to send their marketing team to US & European investors.
A place that big and it leaves me with out a thing to say or ask ...... well done
I've been hearing about this place for many years and I'm absolutely astounded that they are still building! The place is beautiful but I heard that no one wants to live there because it's too far away from the city. Are the buildings being maintained or are they left to decay? That pool or fountain at 21:46 is beautiful as well as all the vegetation in the complex. It's highly doubtful that anyone there will answer questions honestly. It's like you went to sleep and woke up to find that everyone had disappeared. Those nighttime views tell a big tale. 😄
Brilliant. Video. Job well done ❤️❤️❤️🙏🙏🙏🏴🏴🏴🏴
Hope Malaysia government and private sector can joint venture and do something about it ... We will see if JS-SEZ could do something about it and we will see it in the next few years
Malaysia government? 😂
I live in Southern California. In 2019, I had someone come and give me an estimate for some construction work to do at my house. The price was two and a half times more expensive than what I expected. I asked him why. He told me that construction materials had gone Sky High. The reason was China was buying up all the local construction materials because they were booming in China! Now, I read and hear about ghost cities in China and can't help get angry about all the waste. It's hard to believe a country can allow such a thing to happen.
Question: did you do the drone shots? I'm surprised you'd have "permission" to do that... so so strange. Creepy beyond belief.
It's important to note that the buildings and grounds seem well-kept, and that the plants and trees around and on the buildings are intentional.
The greenery on the buildings is part of the design.
Please be very careful it’s appears to be very sinister and creepy! ❤! Such a shame that a beautiful place is so abandoned.
Careful of what? Wild life? There are private security there.
This project is intended for PRC & Singaporean, not for locals. That's why it's empty. What makes it more entangled is that this project still belongs to Country Garden.
What do you think keeps it from being appealing to Singaporeans? Why do you think ppl from other parts of China aren't living there? Even for vacation homes?
it is for everyone who want to buy an apartment here if they have money.
Turns out i’m in need of a house to live in as i live on the brink of homelessness in Australia and i would be happy to live in that beautiful place with anyone. just thought i might put it out there, just send us some keys and i will move a couple boxes pronto. that place looked SO NICE 👀
The video is about a Ghost City in Malaysia and the buildings are in Malaysia, not China.
It is so sad to see the state of this growing city. I do hope they are able to figure out something financially and safe it. With 8 yrs now all the damage being done to the buildings will cost a mountain full of money to fix. It def is shady of how the staff reacted and behaved when you both were touring the area. I'd be skeptic to live there, as it looks to be a lot of false truths flying around to hide what they don't want people to know. Not only the destruction to the forests all for nothing. If nothing happens I see the forest city being over taken by the forests itself.
Heavily crowded cities can be overwhelming... but, this ghost city can be kind of scary too!
Good video very interesting...Amazing...🤔
it looks such a lovely place, i would stay there just for the reason its quiet!
Seems crazy in many of our nations the cities are struggling with housing supply, meanwhile places like this are pretty much completely empty.
This Forest City really makes me sad on so many levels. What a wasted beautiful place. Being where it is I guess they wouldn't allow an outside country to come in and take control. Has so much potential. I like quiet but this is on a different level. So different from the other places you have shared with us.
For sure, that’s what fascinated us too, the silence is deafening ❤️🙏🏼
how bizarre, how bizarre....
Actually looks quite chill. Id love to live there as it would be quite a calming experience
Absolutely very strange indeed. Apparently there's not very many people who live there. Something like that situation would definitely give me the creeps.
I still think I'd prefer China's model.
Have too many homes and not enough people, with very little in the way of homeless people.
Compare that to US, Canada, Australia UK...
Where there are NOT enough homes, skyrocketing prices, and empty homes washing dirty money.
This project had nothing to do with the Chinese gov't. Giving it a title with "China" it in give the connotations that it was a state sponsored and funded project - this was not the case. Read up on it here: en.wikipedia.org/wiki/Forest_City,_Johor 🔍
However, not working.
No enough people. Built for Singaporeans。have friends live there……
maybe you should move here😂
yes US need to learn from China and other Asian countries to fight their homeless inflation issues. The only way to do it is to build more homes like this.
This place looks so awesome to me, as someone with social anxiety who loves the idea of overgrown civilization and post apocalyptic vibes. I would actually love to live there, if not for the dangers of poor upkeep like mold etc, and the lack of shops and food options to actually sustain monthly needs.
Nice video
There is obviously more there than meets the eye.
Looks / Feels like it’s hunted. How weird is that place ? 👍❤️👍