Property News · August 29, 2018

There’s no room for Chinese Belt, Road or Three-bedroom flats in the new Malaysia under Mahathir


Perplexed, wounded, indignant or still optimistic. The Chinese developer Country Garden Holdings can put any spin it wants on its Forest City project, a US$100 billion Malaysian township whose fate suddenly has been thrown into doubt after Mahathir Mohamad’s pointed refusal to let foreigners buy apartments or live in them long-term.
One thing is clear, though: The prime minister is not acting impulsively. The project claims to be a “new global cluster of commerce and culture,…

Source : South China Morning Post
Read more…There’s no room for Chinese Belt, Road or Three-bedroom flats in the new Malaysia under Mahathir