{"id":100081,"date":"2024-11-08T16:46:22","date_gmt":"2024-11-08T08:46:22","guid":{"rendered":"https:\/\/iqiglobal.com\/blog\/?p=100081"},"modified":"2026-01-09T15:59:32","modified_gmt":"2026-01-09T07:59:32","slug":"forest-city-johor-from-ghost-town-to-duty-free-hub","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/forest-city-johor-from-ghost-town-to-duty-free-hub\/","title":{"rendered":"Forest City Johor: From Ghost Town to Duty-Free Hub"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<html><body><figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-1024x683.webp\" alt=\"Forest City Johor Ghost city view\" class=\"wp-image-100392\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-1024x683.webp 1024w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-300x200.webp 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-768x512.webp 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-370x247.webp 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-865x577.webp 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1-642x428.webp 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617415-1.webp 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-transformation-of-forest-city-johor\"><strong>The Transformation of Forest City Johor<\/strong><\/h2>\n\n\n\n<p><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"><a href=\"https:\/\/forestcitycgpv.com\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">O<\/a>nce known as a &ldquo;ghost city,&rdquo; <a href=\"https:\/\/forestcitycgpv.com\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Forest City Johor&nbsp;<\/a><\/span>is about to undergo a remarkable transformation. <\/p>\n\n\n\n<p>Located just 2 kilometers from Singapore, this <strong>eco-friendly mega project<\/strong> is set to become a p<strong>remier duty-free zone<\/strong>, breathing new life into the city. <\/p>\n\n\n\n<p>Thanks to the <a href=\"https:\/\/iqiglobal.com\/blog\/budget-2025-property-projects\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Malaysia Budget 2025<\/a>, the current Malaysian government has taken bold steps to reposition Forest City as a hub for both business and tourism. <\/p>\n\n\n\n<p>Could this move be the turning point that makes Forest City a prime destination for local Malaysians, Chinese nationals, and foreign investors alike?<\/p>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2>Get to Know Forest City!<\/h2><ul><li><a href=\"#h-the-transformation-of-forest-city-johor\" data-level=\"2\">The Transformation of Forest City Johor<\/a><\/li><li><a href=\"#h-forest-city-s-vision\" data-level=\"2\">Forest City&rsquo;s Vision<\/a><\/li><li><a href=\"#h-strategic-location-the-heart-of-asia-s-business-hub\" data-level=\"2\">Strategic Location: The Heart of Asia&rsquo;s Business Hub<\/a><\/li><li><a href=\"#h-a-new-duty-free-zone-boosting-tourism-and-business\" data-level=\"2\">A New Duty-Free Zone: Boosting Tourism and Business<\/a><\/li><li><a href=\"#h-why-forest-city-is-a-great-option-for-local-malaysians-and-foreigners\" data-level=\"2\">Why Forest City Is a Great Option for Local Malaysians and Foreigners<\/a><\/li><li><a href=\"#h-forest-city-s-high-tech-green-living-a-sustainable-future\" data-level=\"2\">Forest City&rsquo;s High-Tech, Green Living: A Sustainable Future<\/a><\/li><li><a href=\"#h-job-opportunities-and-economic-growth-in-forest-city\" data-level=\"2\">Job Opportunities and Economic Growth in Forest City<\/a><\/li><li><a href=\"#h-the-role-of-the-malaysia-budget-2025\" data-level=\"2\">The Role of the Malaysia Budget 2025<\/a><\/li><li><a href=\"#h-forest-city-the-future-of-malaysia-s-economic-landscape\" data-level=\"2\">Forest City &ndash; The Future of Malaysia&rsquo;s Economic Landscape<\/a><\/li><\/ul><\/div>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide sc_height_tiny\">\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-forest-city-s-vision\"><strong>Forest City&rsquo;s Vision<\/strong><\/h2>\n\n\n\n<p>Launched in <strong>2016 <\/strong>by Country Garden, Forest City was initially envisioned as a futuristic city for Chinese buyers under the Belt and Road Initiative.<\/p>\n\n\n\n<p> A joint venture between<a href=\"https:\/\/www.countrygarden.com.cn\/en\/home\" target=\"_blank\" rel=\"nofollow noreferrer noopener\"> Country Garden Holdings<\/a> and <a href=\"https:\/\/forestcitycgpv.com\/about-forest-city\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Esplanade Danga 88<\/a>, this ambitious project is being developed on four reclaimed islands that span 30 square kilometers. <\/p>\n\n\n\n<p>With plans for <strong>luxury residences, commercial spaces, and high-tech infrastructure<\/strong>, Forest City aimed to house nearly a million residents. <\/p>\n\n\n\n<p>However, only a handful of the properties were occupied, and the city struggled to attract the large population it had hoped for, earning the nickname &ldquo;ghost city.&rdquo;<\/p>\n\n\n\n<p>Despite these challenges, the project has continued to evolve, and now, with its newly designated special financial zone status, it&rsquo;s poised to turn things around!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-1024x683.webp\" alt=\"Forest City Johor Ghost city\" class=\"wp-image-100390\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-1024x683.webp 1024w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-300x200.webp 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-768x512.webp 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-370x247.webp 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-865x577.webp 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131-642x428.webp 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2220155131.webp 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-strategic-location-the-heart-of-asia-s-business-hub\"><strong>Strategic Location: The Heart of Asia&rsquo;s Business Hub<\/strong><\/h2>\n\n\n\n<p>Forest City&rsquo;s strategic location in the<strong> Iskandar Special Economic Zone<\/strong> has always been one of its strongest points. <\/p>\n\n\n\n<p>Sitting just a stone&rsquo;s throw from Singapore, this area benefits from the economic spillover of one of Asia&rsquo;s most dynamic cities. <\/p>\n\n\n\n<p>With access to the <strong>Tuas Second Link, Forest City is well-positioned<\/strong> to attract businesses and residents looking to enjoy a Singaporean lifestyle at a more affordable price.<\/p>\n\n\n\n<p>In 2023, Forest City&rsquo;s developers, along with the Malaysian Prime Minister, announced plans to bring the area into the fold of a new special economic zone. <\/p>\n\n\n\n<p>This move is expected to bring new infrastructure, enhance business opportunities, and support a thriving residential community.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-a-new-duty-free-zone-boosting-tourism-and-business\"><strong>A New Duty-Free Zone: Boosting Tourism and Business<\/strong><\/h2>\n\n\n\n<p>The decision of the Malaysia Budget 2025 to designate Forest City as a<strong> duty-free zone <\/strong>will significantly contribute to its resurgence. <\/p>\n\n\n\n<p>With the backing of the Malaysian government, this status will encourage increased tourism and retail activity in the region. <\/p>\n\n\n\n<p>The <a href=\"https:\/\/www.fcmarinahotel.com\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Forest City Marina Hotel<\/a> and surrounding attractions will cater to visitors from around the world, making it a must-visit destination for those exploring Malaysia. <\/p>\n\n\n\n<p>The <strong>duty-free shopping, restaurants<\/strong>, and <strong>recreational activities<\/strong> will also provide residents and tourists with new lifestyle options.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-1024x683.webp\" alt=\"Forest City Johor Ghost city retired couple\" class=\"wp-image-100391\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-1024x683.webp 1024w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-300x200.webp 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-768x512.webp 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-370x247.webp 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-865x577.webp 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843-642x428.webp 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2327020843.webp 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-forest-city-is-a-great-option-for-local-malaysians-and-foreigners\"><strong>Why Forest City Is a Great Option for Local Malaysians and Foreigners<\/strong><\/h2>\n\n\n\n<p>For Chinese nationals seeking a second home abroad, Forest City offers an <strong>attractive alternative<\/strong> to the high prices in Singapore. <\/p>\n\n\n\n<p>With its <strong>easy access to the city-state and a lower cost of living<\/strong>, it&rsquo;s a perfect option for those looking to invest in property, while enjoying a more relaxed lifestyle.<\/p>\n\n\n\n<p>The proximity to Johor Bahru makes Forest City an ideal choice for those seeking a home near the commercial center of Johor. <\/p>\n\n\n\n<p>Whether for business expansion or lifestyle purposes, Forest City offers endless potential for investors and residents alike.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-forest-city-s-high-tech-green-living-a-sustainable-future\"><strong>Forest City&rsquo;s High-Tech, Green Living: A Sustainable Future<\/strong><\/h2>\n\n\n\n<p>One of Forest City&rsquo;s standout features is its <strong>focus on technology and sustainability. <\/strong><\/p>\n\n\n\n<p>Designed to be a prime model for smart cities, the development integrates <strong>cutting-edge technology<\/strong> into every aspect of life, from <strong>energy-efficient buildings<\/strong> to advanced urban systems. <\/p>\n\n\n\n<p>The focus on green living is evident in the abundance of<strong> vertical greenery<\/strong> and <strong>eco-friendly architecture<\/strong> that gives the city its &ldquo;forest&rdquo; feel.<\/p>\n\n\n\n<p>This commitment to sustainability makes Forest City an attractive place to live and a <strong>forward-thinking hub <\/strong>for businesses that <strong>prioritize sustainable practices and technology. <\/strong><\/p>\n\n\n\n<p>The development promises a future where residents can enjoy a high quality of life while minimizing their environmental footprint.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-job-opportunities-and-economic-growth-in-forest-city\"><strong>Job Opportunities and Economic Growth in Forest City<\/strong><\/h2>\n\n\n\n<p>With the introduction of the special financial zone and an expanding array of business opportunities, Forest City is set to become a significant contributor to Malaysia&rsquo;s economy. <\/p>\n\n\n\n<p>The development will likely create thousands of jobs across various sectors, including <strong>technology, hospitality, retail, and real estate. <\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-the-role-of-the-malaysia-budget-2025\"><strong>The Role of the Malaysia Budget 2025<\/strong><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/iqiglobal.com\/blog\/iqi-affordable-housing-malaysia-budget-2025\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Malaysia Budget 2025<\/a> has provided the momentum needed for Forest City to evolve from a ghost city to a vibrant urban center. <\/p>\n\n\n\n<p>The special economic zone designation offers a clear signal to investors and residents that the government is committed to supporting the development of this groundbreaking project. <\/p>\n\n\n\n<p>As Country Garden continues to invest in the future of Forest City, we can expect to see<strong> more innovative developments, infrastructure improvements, and business opportunities <\/strong>that will reshape the region for years.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/iqiglobal-web-revamp.s3.ap-southeast-1.amazonaws.com\/wp\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-1024x683.webp\" alt=\"Forest City Johor Ghost city\" class=\"wp-image-100393\" srcset=\"https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-1024x683.webp 1024w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-300x200.webp 300w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-768x512.webp 768w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-370x247.webp 370w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-865x577.webp 865w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479-642x428.webp 642w, https:\/\/iqiglobal.com\/blog\/wp-content\/uploads\/2024\/11\/shutterstock_2326617479.webp 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-forest-city-the-future-of-malaysia-s-economic-landscape\"><strong>Forest City &ndash; The Future of Malaysia&rsquo;s Economic Landscape<\/strong><\/h2>\n\n\n\n<p>Forest City Johor, once a symbol of unrealized potential, is now ready for a dramatic makeover. <\/p>\n\n\n\n<p>With its strategic location, advanced technology, green initiatives, and the exciting new duty-free status granted by the <a href=\"https:\/\/iqiglobal.com\/blog\/iqi-affordable-housing-malaysia-budget-2025\/\" target=\"_blank\" rel=\"nofollow noreferrer noopener\">Malaysia Budget 2025<\/a>, Forest City is on the path to becoming a vibrant hub for both local Malaysians and international visitors. <\/p>\n\n\n\n<p>The special economic zone status will breathe new life into the area, attracting more residents, businesses, and tourists, making it a prime example of how bold government actions can transform urban landscapes. <\/p>\n\n\n\n<p>Whether you&rsquo;re a potential homebuyer or an investor, <strong>Forest City offers a glimpse of the future&mdash;where sustainability, business innovation, and technology meet at the crossroads of Malaysia and Singapore.<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide sc_height_small\">\n\n\n\n<p><strong><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-text-hover-color\">Are you looking to explore other properties in Johor or anywhere else in Malaysia? Find the perfect space catered to your preferences by filling out the form below!<\/mark><\/strong><\/p>\n\n\n\n<div class=\"wp-block-leadin-hubspot-form-block\">\n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 5699703,\n\t\t\t\t\t\t\t\t\tformId: \"85ebae59-f425-419b-a59d-3531ad1df948\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1780237595000-7002200376\",\n\t\t\t\t\t\t\t\t\tregion: \"na1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1780237595000-7002200376\"><\/div><\/div>\n\n\n\n<p><\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"<p>Did you know that Forest City in Johor, Malaysia was once known as a &#8220;ghost city&#8221;? That&#8217;s all about to change, discover why here!<\/p>\n","protected":false},"author":41,"featured_media":100394,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","postBodyCss":"","postBodyMargin":[],"postBodyPadding":[],"postBodyBackground":{"backgroundType":"classic","gradient":""},"footnotes":""},"categories":[222],"tags":[11308,10904,231,12933,12114,9696,304,224],"class_list":["post-100081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","tag-forest-city-johor","tag-home-hunt","tag-iqi-en","tag-iqi-johor-market-insights","tag-johor","tag-johor-bahru","tag-malaysia","tag-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v26.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Forest City Johor: From Ghost Town to Duty-Free Hub<\/title>\n<meta name=\"description\" content=\"Did you know that Forest City in Johor, Malaysia was once known as a &quot;ghost city&quot;? 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