Forest City
Johor, MalaysiaMaster-planned CommunityOperational
A 1,386 ha mixed-use development on four reclaimed islands in southern Johor, adjacent to Singapore. Country Garden's offshore-bond default (Oct 2023) has put the project at risk.
Founded
2013
Status
Operational
Operating entity
Country Garden Pacificview Sdn. Bhd. (CGPV) — JV: Country Garden Holdings (60%) / Esplanade Danga 88 / KPRJ (40%)Malaysia (Country Garden HKEX-listed, code 2007)
Total funding
$100B
Population
9,000 / 700,000current / target
Founders & Leadership
- Country Garden Holdings (Yeung Kwok Keung family)
Majority developer (60%)
- Liang Guokun
Chief landscape designer
Funding
Total raised: $100B
Initial GDV ~RM 450B (~$100B); ~RM 170B in committed investments. Country Garden defaulted on $11B+ offshore bonds Oct 2023.
Investors
- Country Garden Holdings (HKEX: 2007)Firm
- Esplanade Danga 88 / KPRJ (Johor state government)Government
How to join
Property purchase (with restructured MM2H long-term visa)
ResidencyBusiness in the Special Financial Zone (SFZ)
Business incorporationApply / Learn more
Goals
1,386 ha (4 man-made islands); smart eco-city; 220,000 jobs by 2035.
- Target population — 700,000
Press
- Foreign PolicyForest City: world's most useless megaproject
- Bloomberg · 2025-08-28Srinivasan Builds Crypto Techno-Utopia Network School in Malaysia's Forest City
Official channels
Unverified or unconfirmed
population.current (precise), founders (named executive contacts), links.twitter, links.linkedin, links.instagram. Have a correction? →