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To: Blueflag
I talked to a lot of people in Singapore the past couple of weeks who got burned by Malaysia property investments in recent years and won't go near them, now.

Forest City is essentially a high-end refugee camp for wealthy Chinese trying to escape Xi's government with their assets intact - but recent Chinese crackdowns have completely destroyed their target market. The Malaysian government doesn't want any more Chinese investors coming in but investors from other countries aren't interested in these Chinese-built towers - proximity to Singapore notwithstanding.

It's faster to fly from Kuala Lumpur to Singapore than to cross the bridge from Johor Bahru, anyway.

6 posted on 09/03/2023 6:13:57 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Mr. Jeeves

Been over that bridge, and you are correct on all fronts.


8 posted on 09/03/2023 6:42:13 AM PDT by Blueflag (Res ipsa loquitur: ad ferre non, velit esse sine defensione)
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