{"id":96730,"date":"2018-08-27T12:03:44","date_gmt":"2018-08-27T05:03:44","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bans-foreigners-from-buying-forest-city-residential-units-in-malaysia\/"},"modified":"2018-08-27T13:04:10","modified_gmt":"2018-08-27T06:04:10","slug":"mahathir-bans-foreigners-from-buying-forest-city-residential-units-in-malaysia","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bans-foreigners-from-buying-forest-city-residential-units-in-malaysia\/","title":{"rendered":"Mahathir bans foreigners from buying Forest City residential units in Malaysia"},"content":{"rendered":"<p>&#013;<br \/>\nMalaysia 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.<br \/>\nThe project has been wracked by uncertainty since Mahathir\u2019s coalition scored a shock victory at a May general election, as Chinese developer Country Garden Holdings Co looks to revive faltering demand for its plans to build a city that would be home to 700,000 people.<br \/>\n\u201cOne thing is certain, that city that is going to&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/news\/asia\/southeast-asia\/article\/2161465\/mahathir-bans-foreigners-buying-forest-city-residential\" target=\"_blank\">Mahathir bans foreigners from buying Forest City residential units in Malaysia<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Malaysia will not allow foreigners to buy residential units built at the US$100 billion Forest&#46;&#46;&#46;<\/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-96730","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-paa","jetpack-related-posts":[{"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":96730,"position":0},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113153,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mahathir-bandar-malaysia-project-to-have-an-hsr-station\/","url_meta":{"origin":96730,"position":1},"title":"Mahathir: Bandar Malaysia project to have an HSR station","date":"December 18, 2019","format":false,"excerpt":"\r Malaysia might also consider scaling down to trim costs, which will see train speeds reduced. Malaysian Prime Minister Mahathir Mohamad has said the revived Bandar Malaysia project will house a Kuala Lumpur-Singapore High-Speed Rail (HSR) project, although Malaysia and Singapore have yet to finalise details of the project. \u201cWe\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":97206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/foreign-buyers-are-welcome-in-country-gardens-forest-city-township-johors-chief-minister-says\/","url_meta":{"origin":96730,"position":2},"title":"Foreign buyers are welcome in Country Garden\u2019s Forest City township, Johor\u2019s chief minister says","date":"September 4, 2018","format":false,"excerpt":"\r The chief minister of the Malaysian state of Johor said on Tuesday foreigners are welcome to buy property in Chinese developer Country Garden\u2019s controversial US$100 billion Forest City project on Malaysia\u2019s southern shore. Forest City is a 30-year project that provides jobs for Malaysians, chief minister Osman Sapian said,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/at-us145000-malaysian-homes-get-cheaper-for-foreign-buyers-will-locals-pay-the-price\/","url_meta":{"origin":96730,"position":3},"title":"At US$145,000, Malaysian homes get cheaper for foreign buyers. Will locals pay the price?","date":"November 10, 2019","format":false,"excerpt":"\r Foreigners looking to buy property in Malaysia can now do so for as little as 600,000 ringgit (US$145,000) following a controversial move by the government to slash the threshold for foreign buyers by 40 per cent to address an oversupply of high-rise units.Finance Minister Lim Guan Eng announced the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100444,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/high-speed-rail-delay-unlikely-to-impact-singapore-malaysia-ties\/","url_meta":{"origin":96730,"position":4},"title":"High Speed Rail delay unlikely to impact Singapore-Malaysia ties","date":"October 24, 2018","format":false,"excerpt":"\r Artist\u2019s impression of the HSR terminus in Jurong East. The decision to defer the construction of the Singapore-Kuala Lumpur High Speed Rail (HSR) until May 2020 is unlikely to cause a strain between the relationship of both countries, reported Bernama. According to Malaysia\u2019s Economic Affairs Minister Datuk Seri Mohamed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":23999,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tips-for-buying-malaysian-property\/","url_meta":{"origin":96730,"position":5},"title":"Tips for buying Malaysian property","date":"August 26, 2016","format":false,"excerpt":"\r For many foreigners, especially Singaporeans, Malaysian property is an affordable alternative to what they can normally buy back home. Here\u2019s what to look out for if you intend to buy property there. The reality of real estate There are certain types of Malaysian property foreigners are not allowed to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96730"}],"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=96730"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/96730\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=96730"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=96730"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=96730"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}