{"id":121761,"date":"2021-09-01T07:15:19","date_gmt":"2021-09-01T00:15:19","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shrinks-its-malaysia-staff-as-sales-of-forest-citys-property-trickle-to-a-stop-amid-covid-19-travel-bans\/"},"modified":"2021-09-01T08:13:45","modified_gmt":"2021-09-01T01:13:45","slug":"country-garden-shrinks-its-malaysia-staff-as-sales-of-forest-citys-property-trickle-to-a-stop-amid-covid-19-travel-bans","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shrinks-its-malaysia-staff-as-sales-of-forest-citys-property-trickle-to-a-stop-amid-covid-19-travel-bans\/","title":{"rendered":"Country Garden shrinks its Malaysia staff as sales of Forest City\u2019s property trickle to a stop amid Covid-19 travel bans"},"content":{"rendered":"


\nCountry Garden Holdings, the largest foreign real estate developer in Malaysia, has trimmed the size of its workforce and sales team in the country by two-thirds over the past two years, as sales of its US$100 billion Forest City township near the Malaysian border with Singapore has slowed to a trickle.The developer, based in the Guangdong provincial city of Foshan, has cut its Malaysia staff to 500 as of June following three rounds of retrenchments over the last 18 months, from 1,700 in 2019,\u2026
\n
\nSource : South China Morning Post
\nRead more…Country Garden shrinks its Malaysia staff as sales of Forest City\u2019s property trickle to a stop amid Covid-19 travel bans<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Country Garden Holdings, the largest foreign real estate developer in Malaysia, has trimmed the size...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121761","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vFT","jetpack-related-posts":[{"id":96730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bans-foreigners-from-buying-forest-city-residential-units-in-malaysia\/","url_meta":{"origin":121761,"position":0},"title":"Mahathir bans foreigners from buying Forest City residential units in Malaysia","date":"August 27, 2018","format":false,"excerpt":"\r Malaysia will not allow foreigners to buy residential units built at the US$100 billion Forest City project in Johor, Prime Minister Mahathir Mohamad said on Monday. The project has been wracked by uncertainty since Mahathir\u2019s coalition scored a shock victory at a May general election, as Chinese developer Country\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32403,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/developer-country-garden-to-expand-its-reach-in-malaysia-indonesia\/","url_meta":{"origin":121761,"position":1},"title":"Developer Country Garden to expand its reach in Malaysia, Indonesia","date":"October 31, 2016","format":false,"excerpt":"\r Country Garden, China\u2019s third-largest home builder by sales, is speeding up its expansion in Malaysia and Indonesia within its core strategy of building mega projects across Southeast Asia, to reduce domestic risk. The developer has signed another new project in Malaysia and its first on the Indonesian island of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96744,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-shares-see-saw-amid-confusion-over-mahathirs-ban-on-foreign-ownership\/","url_meta":{"origin":121761,"position":2},"title":"Country Garden shares see-saw amid confusion over Mahathir\u2019s ban on foreign ownership","date":"August 27, 2018","format":false,"excerpt":"\r Shares of Country Garden Holdings, the developer of the biggest private residential township in southern Malaysia, see-sawed in Monday trading amid confusion over comments by the country\u2019s prime minister about letting foreigners buy property in the Forest City project. The project, located on four artificial islands near Singapore, is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96858,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/theres-no-room-for-chinese-belt-road-or-three-bedroom-flats-in-the-new-malaysia-under-mahathir\/","url_meta":{"origin":121761,"position":3},"title":"There\u2019s no room for Chinese Belt, Road or Three-bedroom flats in the new Malaysia under Mahathir","date":"August 29, 2018","format":false,"excerpt":"\r 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\u2019s pointed refusal to let foreigners buy apartments or live in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50954,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/country-garden-pledges-refund-for-forest-city-buyers-caught-in-beijings-crackdown-on-capital-outflows\/","url_meta":{"origin":121761,"position":4},"title":"Country Garden pledges refund for Forest City buyers caught in Beijing\u2019s crackdown on capital outflows","date":"April 5, 2017","format":false,"excerpt":"\r Country Garden Holdings, whose Forest City project in Malaysia is the biggest overseas project by a Chinese property developer, said it will refund money to mainland investors caught up in Beijing\u2019s escalating crackdown on capital outflows. The move is the latest consequence arising from Beijing\u2019s tighter policy on capital\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/forest-city-luxury-utopia-or-ecological-disaster\/","url_meta":{"origin":121761,"position":5},"title":"Forest City: Luxury utopia or ecological disaster?","date":"August 1, 2016","format":false,"excerpt":"\r Environmentalists protest the \u201ceco-city,\u201d which ironically entails ambitious land reclamation and may destroy marine ecosystems Sultan Iskandar Customs, Immigration and Quarantine Complex in Johor Bahru. Image credit: Stefan Fussan (Flickr) A planned Malaysian city near Singapore may not live up to its \u201cliveable eco-city\u201d billing after all. Environmentalists are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121761"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121761"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121761\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121761"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121761"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121761"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}