Chinese National Regrets Buying A House In Forest City
The woman regretted her purchase five years after she bought the property.
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A Chinese woman regrets investing part of her money to buy a house in Forest City, Johor Baharu.
Yang Ting Ting claimed the developer failed to provide all the promised facilities, turning the area into a ghost town.
She reportedly wanted to pull out of buying a house in the area, but unfortunately, it was too late.
According to the Hong Kong news portal HK01, she came to Johor only to be disappointed with what she saw in Forest City.
Woman from China buys JB Forest City condo unit with ‘unparalleled sea view’, only to find a ‘ghost town’ https://t.co/9F2Nikzdst pic.twitter.com/BXGPriK2uk
— Mothership (@MothershipSG) February 17, 2023
She described Forest City as a ghost town with many empty lots and an unkempt environment.
Yang pointed out that some of the promises offered by the developer were not fulfilled.
Shattered Dreams
Yang purchased a 648 square feet apartment in 2015 for around 1.8 million yuan or RM1.1 million with a 10-year monthly instalment plan.
The developer promised many benefits, including high-speed train service to Singapore, houses with sea views, and an “overseas Chinese student policy”.
There was also a promise to facilitate the admission of the owner’s children to prestigious local educational institutions.
During the pre-handover inspection of the unit, Yang said the so-called “magnificent sea view” could hardly be seen from the unit.
In addition, she also discovered that the unit was part of a commercial condominium with a few disadvantages.
Feeling cheated, Yang tried to get a refund because the developer had converted the building’s residential title to commercial without her permission.
The case of Forest City, Malaysia, is urban development gone wrong.
— THE CLIMATE (@THECLIMATE_NEWS) January 30, 2023
In the face of decimated local habitats and communities, can China’s future Belt and Road Initiatives do better?https://t.co/rTmxvPjKoV
Unfortunately, she claimed to have been given the run-around.
She later discovered that other buyers were also in the same situation, as 90% of the buyers were Chinese.
Yang and the other Chinese buyers tried to express their dissatisfaction to various agencies in China, but the Chinese authorities could do little because the property was overseas.
However, Yang is determined to take legal action against the developer and is in the process of filing a suit.
Forest City, the $100 B. Dreamed paradise, turned Ghost town. pic.twitter.com/6T6Yie4toD
— Narong PEN (@Angkorknhom) December 11, 2022
Mega Project
For the record, Forest City is a luxurious and elite property located in Mukim Gelang Patah, Johor and has an area of up to 1,370 hectares.
It was developed by Country Garden Pacificview Sdn Bhd, a joint venture between Country Garden Holdings Company Limited and Esplanade Danga 88 Sdn Bhd.
READ MORE: Johor’s Forest City’s Parent Company Country Garden Downgraded To “Junk” Status
The project aims to create a self-sustaining and eco-friendly city in Johor Bahru, spanning 4 man-made islands with an estimated investment of USD100 billion.
The development will include residential properties, commercial and retail spaces, recreational facilities, and other public amenities.
Forest City, salah satu dari 10 projek Megastructures paling gagal dalam dunia. pic.twitter.com/yk4ww1dMEv
— Mat 🏴 (@mamatkidal) February 20, 2022
Forest City was touted to attract local and foreign investors and provide economic growth for the region.
The project has faced some controversy due to concerns about its impact on the environment and local communities.
The developers have stated their commitment to sustainable development practices and addressing these concerns.
The city had been listed as the Most Useless Megaprojects in the World by the YouTube channel Top Luxury in 2021.
Forest City features/pros:
— . (@roku_jay) December 28, 2021
1. Strategic location (for investors) as it is located near Singapore, a nation with thriving economy.
2. Linked with Singapore through the second link bridge, shortening the distance between the cities to just 20 minutes. pic.twitter.com/bUafDFfu7Y
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