Is this massive development Malaysia's Shenzhen?

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CNN

CNN

Күн бұрын

Пікірлер: 869
@EpicAsian
@EpicAsian 7 жыл бұрын
I'm a Malaysian, and I can tell you that most of us cannot afford all these fancy new developments. 80% of these things are bought by foreigners especially PRC. As a bonus, let me summarise where to go in Malaysia for you: 1) KL CBD (klang bak kut teh, bamboo wantan mee) 2) Genting Highlands 3) Penang (for hokkien prawn noodles, rojak, cendol) 4) Melaka (satay celup, chicken rice balls, cendol) 5) Ipoh (bean sprout chicken, curry mee, white coffee) 6) my comedy chanel (how Malaysians learn driving, things that ruin friendship) Have a nice day and thank me later :D
@jonathanwilliam8819
@jonathanwilliam8819 7 жыл бұрын
MingforPM this kind of development is bloating the luxury residential market. People will buy these expensive apartments thinking they're investing on some sh*t,. In the end, most of the property will be owned but very few will actually live there. Very much like the notorious Chinese ghost towns.
@roseisred2256
@roseisred2256 7 жыл бұрын
MingforPM actually chinese conquered malaysia economy today
@100Diyab
@100Diyab 7 жыл бұрын
Langkawi too, been there several times
@zihengteoh6457
@zihengteoh6457 5 жыл бұрын
Most of chinese still can efford it
@trulyaviation1798
@trulyaviation1798 5 жыл бұрын
Oof, I thought East Malaysia is in Malaysia?
@theadventurer247
@theadventurer247 6 жыл бұрын
Dear comment section, this guy has a point. If the project fails, Malaysia will be wasting more than a hundred billion of dollar which it cannot afford on a ghost city. On the other hand, if the project succeed, only rich mainland Chinese and taiwanese will be the buyer... The problem is that these people are not actually going to live there... They are buying it as an investment therefore inflating the price of the house there pushing Malaysian out of the market... It will be the same case that is happening to London where Londoner is being pushed out of their own cities in favour of the foreigners.... In my opinion, Malaysia should have never proceed with this project. The money should have been spent on infrastructure, education, and healthcare which the country barely provide because that is a catalyst that makes a country grow! Not some publicity stunt by the govt to win some vote.
@funofboredom
@funofboredom 6 жыл бұрын
TheAdventurer24 it's not a publicity stunt. The greedy politicians can't dig enough from Malaysians anymore. So they are selling Malaysia. One of the ministers interviewed said, Johor's population will grow from 1.8 million to 3 million. Wow.. How? Chinese expats and more Bangladeshi workers?
@guraupedas919
@guraupedas919 6 жыл бұрын
TheAdventurer24 malaysian racist opposition welcoming taiwanese but later blamed the gov for pendatang tanpa izin or whatnot~cringe
@krollpeter
@krollpeter 6 жыл бұрын
The people (buyers) have to have the true intention for living there. That means buying restrictions for Chinese, the prices have to be kept in bail, and an infrastructure similar to Singapore is a must. Driving over to visit Singapore has to be easy and cheap. Plus there should be a superfast connection to Changi airport.
@andrewfrolov893
@andrewfrolov893 5 жыл бұрын
@@funofboredom I guess, they could organize there software outsourcing companies and invite foreign software developers from Eastern Europe, for example. Just decent salaries are needed: $2000-$4000 for mainstream employees with minimal taxation. Many offshore software developers from cold, expensive countries would enjoy equatorial climate and proximity to Singapore. Current salaries and Malaysia my second home program make such relocation unaffordable.
@arep4W
@arep4W 4 жыл бұрын
Thank god this project is almost done and almost being canceled by the old government that do not support chinese developer
@WS-bk7uu
@WS-bk7uu 7 жыл бұрын
I've lived in Malaysia for two years now and all I see is lots of supply and no demand. Buildings sprouting up everywhere but no one to live in them. That development looks horrible and not the kind of place someone would want to live. Am I missing something?
@yourmom-qk7jr
@yourmom-qk7jr 7 жыл бұрын
Jimmy Will no demand from Malaysians but from China
@ashralfazieraff5388
@ashralfazieraff5388 7 жыл бұрын
Jimmy Will missing your mind
@zedono1391
@zedono1391 7 жыл бұрын
moe lester. you are right, people who live below the poverty line like you can't afford to buy this place.
@mckayz33
@mckayz33 6 жыл бұрын
Just to fulfill developer's finance.
@lul8896
@lul8896 6 жыл бұрын
Will Simmonds they working!
@shieldtox7371
@shieldtox7371 7 жыл бұрын
the title is "made in Malaysia"... but all i heard in the video is China China China... hmmm
@nazrinrahman
@nazrinrahman 7 жыл бұрын
yes Made in Malaysia of course. because it is in Malaysia, even though many investor are from China. like iPhone, designed in California, assembled in China. huhuu...
@msallehuddinsoeb
@msallehuddinsoeb 7 жыл бұрын
shield tox yes the money is from china...even forest city sold from the royal is from.....
@touro603
@touro603 7 жыл бұрын
obviously you're blind..as the title written Malaysia's Shenzhen..I guess you're just another angry sour keyboard warrior not able afford to buy any of their properties....if there's no china FDI, Malaysia's economy gonna sink into the deep ocean.
@shieldtox7371
@shieldtox7371 7 жыл бұрын
Tourbillon O the title of the video is "made in Malaysia-forest city" by CNN. Then they upload it to youtube and put the title "Malaysia's Shenzen" sarcasticly stating that the developer, investor and project by China, but made in the land of Malaysia. Comprende?
@fadlya.rahman4113
@fadlya.rahman4113 7 жыл бұрын
Even some of the developed country like Canada depend on China's investment to maintain economic growth. So it's not strange if developed nation like Malaysia also depend on China. Ironic though, considering how Malay dominated Malaysian government treated their Chinese minority. Ketuanan indeed.
@jackjo2739
@jackjo2739 7 жыл бұрын
That project could cause massive property buble though.. Malaysian and Singapore population is growing slower due to declining birth rate .. if they do manage to sell it off, probably just a bunch of rich people hoarding house..
@dragontail1166
@dragontail1166 7 жыл бұрын
Yes, that's is what I am thinking and this is what happen too. Those rich people are hoarding their kids house also, buy low sell high back to their kids. What an good idea right?
@sanaekisaragi2512
@sanaekisaragi2512 7 жыл бұрын
Steve Poi A project for the rich not for the poor😢
@ryanchoo2790
@ryanchoo2790 7 жыл бұрын
indeed the properties might be bought but no one plans to stay in there
@gopalrajkumar7323
@gopalrajkumar7323 5 жыл бұрын
There is a housing bubble everywhere.
@raihanadinugroho1046
@raihanadinugroho1046 7 жыл бұрын
Love Malaysia from Indonesia i'm Indonesian and my cousin are from Malaysia some times i visit Kuala Lumpur.
@johane4764
@johane4764 7 жыл бұрын
Salam serumpun
@raihanadinugroho1046
@raihanadinugroho1046 7 жыл бұрын
Johan Michael salam mas
@starby1243
@starby1243 7 жыл бұрын
Love you guys
@aidilmubarock5394
@aidilmubarock5394 7 жыл бұрын
Kasian liat indonesia bro, reklamasi di jakarta aja, protes nggak jelas muncul padahal itu uang masuk buat ekonomi indonesia juga. Pantes indo ketinggalan terus bro, kasian2
@raihanadinugroho1046
@raihanadinugroho1046 7 жыл бұрын
aidil mubarock tenang aja gan Cikarang bakal jadi Shenzhen nya Indonesia , Lippo group invest 270 trillion buat pembangunan gedung di sekitar Orange County dan saya orang Cikarang. Di Jababeka banyak industri dan mungkin orang luar jadi mau inves di Indonesia.
@spacepotato2015
@spacepotato2015 7 жыл бұрын
This comment was edited so the replies below make no sense.
@zarithi.3027
@zarithi.3027 7 жыл бұрын
Space Potato thanks dude.
@ImSingZz
@ImSingZz 7 жыл бұрын
Thank you xoxo
@spacepotato2015
@spacepotato2015 7 жыл бұрын
DEMV Rude Hahahaha
@spacepotato2015
@spacepotato2015 7 жыл бұрын
Zarul Izzwan More power for the SEA
@oparasatauwaya
@oparasatauwaya 7 жыл бұрын
DEMV Bahasa Malaysia / Filipino : pukimak kau/puki ni ina mo!
@njay2752
@njay2752 7 жыл бұрын
Wish y'all all the best from Singapore!!
@mayhem0kong
@mayhem0kong 7 жыл бұрын
The property market will be oversaturated and the sad part is that non of the locals can afford to buy it.
@Vysair
@Vysair 6 жыл бұрын
Mr Pink Hopefully with the arrival of our new prime minister, Tun Mahathir would fix that for us by lowering the standard of living and better income for the maojority of Malaysian.
@aidielf
@aidielf 3 жыл бұрын
@@Vysair oh really? Hahah
@Vysair
@Vysair 3 жыл бұрын
@@aidielf How well that aged...and ironically Najib is the one that attracted investor (China) to Malaysia which helps us in the long run. Though Mahathir bilateral trade and bonds also helps us.
@madrain9898
@madrain9898 7 жыл бұрын
real reason malaysia is building this is to pull singaporeans. Over the past years singapore has had its economy increased drastically to the point where malaysia couldnt keep up, sooo... malaysias gdp growth wasnt as high, currency dropped, and more imagrants were needed to fill in work spaces that malaysians themselves dont want to do, what malaysia is trying to do is to expand business, malaysians love business, with this project they are trying to increase entrepreneurship because with our country being bigger and more populated than singapore, we need more amounts of entrepreneurs so these things are just small steps that malaysia is making to become on par with singapore (economically speaking) again like the old days.
@akane8615
@akane8615 3 жыл бұрын
lol nice fairy tales you got there.
@Nas145657
@Nas145657 7 жыл бұрын
I do not know that the buyer where countries from? If mostly buyers from PRC Mainland of china Maybe i'm not disagree... Malaysia for malaysian people's
@jendelapermai
@jendelapermai 3 жыл бұрын
I agree with you, but at least its from reclaimed land. Basically the PRC folks buy expensive house built on underutilized land that were under the sea that never been used before.
@corneliuslee1485
@corneliuslee1485 6 жыл бұрын
I had to be honest. I am a Malaysian from Johor. The amount of money spent on these developments could be used to improve schools (renovating or rebuilding etc as they are no new facilities the past decades) and spent on improving Malaysia as a whole not just in Iskandar. Locals can't afford these expensive housing! Malaysia is building a ghost town here.....(is just my opinion)
@antitroll98
@antitroll98 5 жыл бұрын
Why would China's money given to develop Malaysian schools? Forest City is 90% China investment.
@farisruzaimi5353
@farisruzaimi5353 3 жыл бұрын
@@antitroll98 who tell you that china only 60%lol 40% is our sultan johor n other company
@X-Fauve
@X-Fauve 5 жыл бұрын
I'm Malaysian and of all the States only Penang is making money without this kind of development. I have yet to hear anything about Johor making a profit. What am I missing here? This is more like a China development of their famous Ghost Town, imho.
@rene78
@rene78 5 жыл бұрын
Forest City - Foreigner's City
@azizismail4612
@azizismail4612 4 жыл бұрын
@Redlight I hope an island forest city should be sold or lease for 99 years to the Singapore government.
@arrowstheorem1881
@arrowstheorem1881 5 жыл бұрын
3 times the size of Singapore. Sg claims to be a garden city. Iskandar is a Forrest City.
@anonymous-do5bs
@anonymous-do5bs 7 жыл бұрын
100 billion dollars. thats insane
@iammeliaskhan
@iammeliaskhan 7 жыл бұрын
anon ymous 100billion for the developement is not insane. whereas spending trillions to kill middle eastern kids is insane
@anonymous-do5bs
@anonymous-do5bs 7 жыл бұрын
Elias Khan there is no evidence from the past or present wars suggesting that. so i am not going to say anything.
@sashwinraaj6918
@sashwinraaj6918 7 жыл бұрын
Elias Khan you are somewhat true
@kenbibi7631
@kenbibi7631 7 жыл бұрын
Many unsuspecting PRCs from mainland are funding these! How? well, it was channeled through AIIB for the party's overseas investments... The CCP can't tell their people how, but in 2015, the stock market meltdown had many of the investers questioned where the 6Trillion RMB went??? The CCP kept mum til a pseudo "investigation" committee setup went into perpetual standstill, no one dared bring up the topic again.... Your guess is as good as mine!
@kenbibi7631
@kenbibi7631 7 жыл бұрын
There are recently many protesters in China shouting out to the developer 碧桂园 for their fraudulent practices in these projects... Whistle blowers explained how the general citizens of PRC are using their own money to buy their own product, which means spending twice the money to buy a vapour ware from the future... Well 20 years??? U kiddin me?
@thorwolfsberg8540
@thorwolfsberg8540 7 жыл бұрын
Love Malaysia from Turkey! (beware of chinese influence)
@mxqy
@mxqy 5 жыл бұрын
Lol. You are not listening. That’s exactly what they are looking for.
@twenlil
@twenlil 6 жыл бұрын
Some of these comments are insular and ignorant. Malaysia and China have a long relationship since the times of the Malacca sultanate. For the Chinese to invest so much money in Malaysia clearly shows that they have confidence in Malaysia and its economy.
@ngtilui
@ngtilui 6 жыл бұрын
Just look at the number of unsold condominiums in JB... there's going to be a lot of ghost town.
@markkoh888
@markkoh888 6 жыл бұрын
ShenZhen succeed is because of a pool of hardworking workforce and committed govt policy.... Do Malaysia have the same conditions? Been proximity to Singapore is not the answer.
@jorcygale1538
@jorcygale1538 7 жыл бұрын
The only reason people buy the property is to play with that gong
@albertteng1191
@albertteng1191 7 жыл бұрын
hahahahaha never thought of it that way. Maybe its an expensive gong. Maybe gong is made by LV, or prada or hermes
@BanglasiaCintaSamaKamu
@BanglasiaCintaSamaKamu 6 жыл бұрын
Spend rm90 they can buy that gong & hit anytime they want. Spend above rm600k just to hit once? Haha
@eddieleong6490
@eddieleong6490 Жыл бұрын
Singapore may be congested with many apartment blocks close to each other but on a closer look, the layout is cleverly done with many engineering considerations i.e. spacing between apartments, height restriction, traffic flow on roads. Plus the government provides excellent maintenance of public facilities i.e. roads, traffic lights, trees, shrubs, all the buried facilities ( gas, electricity, water, sewerage) buried under the roads. Singaporeans will not move from Singapore.
@noitanatonnawiat8817
@noitanatonnawiat8817 6 жыл бұрын
Support China company, no other reason. If Malaysia government can do better than them? Why we need China company? For those who said Chinese company invade Malaysia, tanah telah dijajah but why don't you think about the reason that our government need to cooperate with China government/company. Frankly, none of them can decide the future of Malaysia, only Malaysian and the government that we choose can make a choice
@Ninja-iq2xt
@Ninja-iq2xt 7 жыл бұрын
It was so funny when he runs after hitting the Gong😂😂😂
@BM-zz6yx
@BM-zz6yx 4 жыл бұрын
Ga lama lg malaysia akan seperti singapura.
@elrey023
@elrey023 7 жыл бұрын
This host is shot out. The goofy walk, the way he speaks.....toasted.
@hyuuganatsume2621
@hyuuganatsume2621 7 жыл бұрын
I wanna give him a cough syrup.. he sounded like he smoke 100 cigarettes lol
@stanley4583
@stanley4583 7 жыл бұрын
elrey023 it's just western humour...
@eddieleong6490
@eddieleong6490 Жыл бұрын
I spoke to a property agent and he said that water leakage in new apartments are common. That is shocking. 95% of Singapore are apartments and water leakage only occurs in old apartments and even then in a small percentage...not due to the piping but the cementing between the tiled floor and the piping. So, what the agent told me was shocking.
@aliffoncexsone8644
@aliffoncexsone8644 5 жыл бұрын
They forecast on the next 10 years going to be 3million malaysian people living in Johor Bahru. But out of 3 million, how many will be able to buy the property? Obviously they will sell it to the foreigner, Singaporean & Chinese Mainland.
@rei8182
@rei8182 7 жыл бұрын
rather than wasting money on it,, better develop other poorer states like Sabah and Sarawak :v
@heri9949
@heri9949 5 жыл бұрын
its not goverment money la its china's
@sweehoohoo1915
@sweehoohoo1915 5 жыл бұрын
time for sarawak to be develop,borneo boleh,jakarta baru
@berthatube1772
@berthatube1772 5 жыл бұрын
@@sweehoohoo1915 Jerebu Sabah Sarawak semakin teruk. New Djakarta to Borneo.
@ZitaoJiang
@ZitaoJiang 5 жыл бұрын
Agree with you, it is more peaceful in Sabah and Sarawak, peolple could live together in harmony
@havenprice
@havenprice 4 жыл бұрын
Technically they are rich in resources. Just that the money earned from there went to KL (and I Guess Iskandar)
@taskmaster9891
@taskmaster9891 4 жыл бұрын
I went to the city. It just.. I don't feel something good about it. The feeling you get when something bad is about to happen. I don't really believe it but that very feeling is real.
@Ducati368
@Ducati368 4 жыл бұрын
Jakarta is sinking, Singapore won’t sustain for long! Iskandar is a good place for Singapore to move! I think this is their plan!
@user-hv9fm6eo5f
@user-hv9fm6eo5f 7 жыл бұрын
im from Malaysia,
@hilmir
@hilmir 6 жыл бұрын
just drove around in early 2018, this place is a ghost town.
@user-uf3zw9jt1o
@user-uf3zw9jt1o 7 жыл бұрын
Love Malaysia from China fighting!Malaysia!加油
@stchew49
@stchew49 6 жыл бұрын
1:36 - "Who's going to buy all these properties?" One sentence and it aptly summarizes what many Malaysia, Singapore, Hong Kong, Taiwan and China investors think of Iskandar Malaysia - that it's a beautiful ghost-town in the making unless prices are drastically lowered!
@christofelmalik4240
@christofelmalik4240 7 жыл бұрын
malaysia is amazing,im from indonesia and all i can do here is just dreamng that smthng like this wll build in my country,im amaze and in the same time im so jealous with malysia.greeting from indonesia..
@nehru9863
@nehru9863 6 жыл бұрын
christofel malik njirr ini mah buat cina gw mah sedikitpun gak jelous njirr. 😂😂
@dilcol881
@dilcol881 4 жыл бұрын
2020 now and this mega project slowly will bounce to the peak of the first initial start.. As we all finally knew PH government couldn’t provide better stimulation on economic growth,they have to rely on previous government plannings to earn the benefits without efforts..
@rositaledesmamataromenorca1361
@rositaledesmamataromenorca1361 7 жыл бұрын
Soon Malaysia will be another tibet
@lengthao8424
@lengthao8424 5 жыл бұрын
Stop been jealous Malaysia will alway be Malaysia.
@bukitkatilmp
@bukitkatilmp 4 жыл бұрын
Malaysia is currently planning for 2030. Another 1000 km of highways and expressways are already being built. About 5 new train lines are being constructed, including two planned high speed train networks. At least 5 super high towers would be built in Malaysia by 2030, not including the PNB 118 (the world's second tallest building to be completed in 2021). Malaysia is always forward thinking. If its neighbors build cities by then, Malaysia would already have 3 to 4 times their developments. All these from 10 year strategic plans devised with the assistance of experts of industry and government, including foreign investors. There will be more than USD 100 billion of foreign investments in the country before 2030, as commited by these investors. Lets not forget that the manufacturing hub for global IT is in Malaysia now at its own Silicon island state. Malaysia is ahead of the curve. Expect a fully industrialized nations status quite soon.
@anieanie3008
@anieanie3008 4 жыл бұрын
Projet mewah untuk warga asing,,,,hanya segelintir orang Malaysia saja yang manpu milik,,selain nya hanya mampu tengok dan cuci mata,,dana Negara Malaysia yang kelurkan yanag nemati bangsa asing,rakyat Malaysia jadi penbayar hutang dari cukai yang di kenakan,,,,,
@cambedak6510
@cambedak6510 4 жыл бұрын
With this, I can ensure that the property bubble in Malaysia is going to burst soon. Do you know that up to 40% of building spaces in the prosper and bustling KL is not rented out? And just imagine in Johor Bahru.
@LeeSkJohn-sv8wi
@LeeSkJohn-sv8wi 6 жыл бұрын
I last heard , china makes it difficult to bring out money. A lot of buyers hv difficulty keeping up with the purchase.
@eddieleong6490
@eddieleong6490 Жыл бұрын
Check any apartment for rent in all the towns or cities. You can pay for 18 years of rental before you reach the purchase price. Not to forget the fees, repairs and most certainly, the write-off of the apartment later. No second-hand market for apartments in Malaysia.
@fakuri913
@fakuri913 7 жыл бұрын
Love Malaysia from Indonesia...
@yudiyanto7214
@yudiyanto7214 7 жыл бұрын
Erwin Smith love love negara tetangga segala... maksudnya biar kekinian gitu? zzzz
@mencred4334
@mencred4334 7 жыл бұрын
+yudi yanto sirik tanda tak mampu. darpada di negara sendiri paling diteriakin aseng.
@yudiyanto7214
@yudiyanto7214 7 жыл бұрын
lu kasi apreasiasi sama malon, bilang bilang love from indo lah.. apa malon bales dengan kebaikan? yg ada mreka makin srneng ngejekin loe dimana harga diri loe?
@jonathanwilliam8819
@jonathanwilliam8819 7 жыл бұрын
yudi yanto harga diri apaan klo di negara ini FPI masih bisa beroperasi...
@omedemod
@omedemod 7 жыл бұрын
Apresiasi pihak lain ga perlu dikaitkan dgn harga diri, klo mereka bales dgn ejekan yg klihatan childish jg mereka kok.. Lagian citra indonesia jg ga oke" bgt kok di mata internasional (cm ktolong bali) gausa terlalu gedein gengsi lah buat sekedar ramah dgn "tetangga"
@AllDesign4U
@AllDesign4U 6 жыл бұрын
We are overkill on the expectation views here, I can feel something is shaking
@jebatlekir5418
@jebatlekir5418 5 жыл бұрын
Already got one property here. Alhamdulillah..
@arissamarketingenterprise898
@arissamarketingenterprise898 7 жыл бұрын
the price start from RM600,000... Malaysia will afford to buy this residence...Damn...
@abdullahhamzah6232
@abdullahhamzah6232 4 жыл бұрын
Forest City di Johore adalah permulaan untok China memiliki tanah dan lama kelamaan menuntut kerakyatan Malaysia dan membiak diJohore hingga kerajaan tidak dapat membendungnya !!!
@KK-ro7gx
@KK-ro7gx 3 жыл бұрын
Malaysia nanti jadi province China
@vineetnagavi3689
@vineetnagavi3689 4 жыл бұрын
Because singapore cannot expand further , some food firms may come in iskanda , but if you are expecting complete development over that large area 3 times of singapore , then it's not possible for over half century more
@Lordismyshepered
@Lordismyshepered 4 жыл бұрын
Asia is rising very rapidly
@TheShiaishi
@TheShiaishi 6 жыл бұрын
Im okay with all the development,just rest in peace,Mother Earth
@lisyekatrinalumbantobing6339
@lisyekatrinalumbantobing6339 7 жыл бұрын
Seems like whole ASEAN one by one will go forth
@starkeees
@starkeees 5 жыл бұрын
Come on man guys that's intruding singapore's territory. Singapore has the right to sue u..
@emando10
@emando10 7 жыл бұрын
80% will be own by china people not malaysia people....
@dhanabalathunampillai2280
@dhanabalathunampillai2280 5 жыл бұрын
project area is 3 times the size of Singapore, if the project succeeds the residents will be 80% Chinese, both local as well as people from PRC, which is not good for Malayia, in future they may secede from Malaysia, like Singapore did in the past. if the project fails, it will screw Malaysia's economy. either way PRC will not be a looser.
@ibanxfarhan1
@ibanxfarhan1 6 жыл бұрын
Saya yakin yg bakal menghuni bukan orang malaysia asli, melainkan pendatang. Malaysia penduduknya sdikit dan sudah punya rumah masing2. Kasihan orang malaysia asli bakal tersingkir oleh pendatang,
@dennisbrown7930
@dennisbrown7930 6 жыл бұрын
awwww,,,, we need such massive development here in Ghana,,,,,, somewhere around Tarkoradi
@chen5268
@chen5268 7 жыл бұрын
100 billion dollar? its crazy
@twenlil
@twenlil 6 жыл бұрын
Malaysia will be truly Asia soon ! You will soon different nationalities throughout Asia staying in Forest City. It will be good for Malaysia economically and helps to speed up development of the country.
@rascalhusky8129
@rascalhusky8129 7 жыл бұрын
Interesting. JB has boomed compared to our visit ten years ago. We were there a few months ago. It could become a little extreme.
@floricbon8017
@floricbon8017 5 жыл бұрын
Nothing benefit the local at all, and what foreign business investment? Even Pinewood already pulled from from here.
@dayylogg9716
@dayylogg9716 6 жыл бұрын
Many high rise luxury condos that both foreigner and local cannot afford. The time will come where there are plenty of homes, yet many will be homeless.
@eddieleong6490
@eddieleong6490 Жыл бұрын
I have spent weeks looking at Kota Kinabalu, Kuantan, Desaru, Johor Bahru, Batu Pahat, Melaka, Ipoh, Penang, etc. Too many empty properties for rent. Any investor will be squatting on unrented properties for many years. Malaysia is over-built. Depend on Chinese investors....it is a dream. Depend on Singapore investors...they have got burnt badly already.
@iqbalezra2084
@iqbalezra2084 7 жыл бұрын
Its a bubble ready to POP! We in Indonesia are watching with excitements LMAO waiting for the Malaysian bubble to pop! Can't wait.
@mae42061
@mae42061 6 жыл бұрын
Iqbal Ezra kerja kamu tunggu saja la....sebabtu indonesia miskin tak bangun2, sebab semuanya jenis tunggu macam kamu. org sudah jauh maju kamu masih tunggu....tunggu
@titoohaikal_
@titoohaikal_ 7 жыл бұрын
ngiri lah sama malaysia, beda sama indo, masih rasis, ga mau maju dan kerja keras bareng-bareng...dan tentunya indo apa2 serba di politisasi, apa2 pro kontra ga abis2, susah dikit teriak...agak pesimis sama negara sendiri..😓
@sanaekisaragi2512
@sanaekisaragi2512 7 жыл бұрын
Rokhmat Nyos Terima Kasih.Moga indo juga maju✌
@fazhargmail
@fazhargmail 7 жыл бұрын
Sekarang udah ada Jokowi aku sendiri dari Malaysia lihat potensi. Moga2 beliau mampu ubah mentality masyarakat Indonesia. Indonesia itu populasi tinggi memang kelihatan seperti punya ramai yang degil tapi kalau dikira dari sudut ratio lain. Aku sendiri Nampak Indonesia sedang menaik dengan pemerintahan Jokowi. Cuma demo masyarakat aja yang jadi permasalahan.
@danielalfred937
@danielalfred937 6 жыл бұрын
It is a huge bubble going to burst just like the US Property!!!!!
@aitaisakura4281
@aitaisakura4281 6 жыл бұрын
Love Malaysia from Indonesia :)) Btw kinda similar to Indonesia, the property business is rising and also condominium apartment.. I dont know does rich people choose living in a Building more than a house?
@seekiongtang7024
@seekiongtang7024 5 жыл бұрын
shenzen is industrial are and this is rich ppl rest area without industry.
@eddieleong6490
@eddieleong6490 Жыл бұрын
Not really true that Malaysian apartments are more spacious than Singapore. Most of them are small i.e. 60 sq m to 85 sq m with 3 bedrooms squeezed into a 85 sq m space. The really spacious ones above 200 sq are aimed at wealthy foreign buyers but the market is small at that price level. In Singapore, one can get a HDB flat that is around 85 sq m easily with all the comforts of facilities without having to pay any maintenance fees. In JB, they are all private condos and hence you need to pay the fees (maintenance, sinking fund, etc.) Renting in Malaysia is far better for any foreigner...without the hassle of upkeep.
@yourmom-qk7jr
@yourmom-qk7jr 7 жыл бұрын
100 billion dollars but still can't end poverty smh..
@yourmom-qk7jr
@yourmom-qk7jr 7 жыл бұрын
Nothing
@shahrissuhaimi7809
@shahrissuhaimi7809 7 жыл бұрын
data.worldbank.org/country/malaysia i'm sorry but according to the world bank, poverty rate in Malaysia for 2014 is just 0.6% from the overall population.
@SoutheastUncensored
@SoutheastUncensored 7 жыл бұрын
yes. you're right
@aidilhakimmazlan9611
@aidilhakimmazlan9611 7 жыл бұрын
Seharum Kasturi Not everywhere you stupid.
@amirulhakim5118
@amirulhakim5118 7 жыл бұрын
Master of Disguise its not 100 billion dollar in bulk you know. Its the estimated overall value for this project after it done
@oldkepunden
@oldkepunden 7 жыл бұрын
Malaysia need new PM to achieve it
@wahlao81
@wahlao81 6 жыл бұрын
All I can say good luck to Malaysia and those who invested.😁
@eddieleong6490
@eddieleong6490 Жыл бұрын
Most investors are losing their money. My friend has a JB apartment. No buyer. Now letting a relative live there for free.
@leolpaladin2448
@leolpaladin2448 6 жыл бұрын
It is not about how big is the population but if that population can afford.
@JaceTan-90
@JaceTan-90 6 жыл бұрын
Richard Quest: WHO IS GOING TO BUY ALL OF THIS REAL ESTATE? Answer: ALL MALAYSIANS AND SINGAPOREANS WORKING IN SINGAPORE! Tada.....
@catsto5553
@catsto5553 5 жыл бұрын
This place is gonna be a foreigners city
@zkd5731727
@zkd5731727 7 жыл бұрын
Can someone explain,why such hate for Richard Quest...?
@touro603
@touro603 7 жыл бұрын
cuz they're born n raised in the village aka kampong..
@NomadicTraveller
@NomadicTraveller 7 жыл бұрын
100 billion dollars ....? its an inflated figure .....Tis is wt china did and nw in the edge of bankruptcy .... Any bad news from china will affect the project very badly.... Cant compare with Singapore..
@Vysair
@Vysair 6 жыл бұрын
I like this reporter because he is like tv show host.
@mrrolandlawrence
@mrrolandlawrence 6 жыл бұрын
im here in Iskandar, near the JB woodlands checkpoint. There are 600-800 units in this development. At night you only see about 15-20 apartments with lights on. The apartments are beautiful though. Much more space then SG! I think its just going to be one of those things that takes time to develop...
@eddieleong6490
@eddieleong6490 Жыл бұрын
It will remain a semi-ghost town for many years. Malaysia is a big country and development in key States are competing with each other. Hence, Johor will not be that successful. Factories are all away from JB. Other than week-end shopping, what is there to attract Singaporeans to live there? Perhaps when the Mass Rapid Transit is operating in end-2026, JB town centre may be more popular but it is still a big IF.
@clobbyhops
@clobbyhops 5 жыл бұрын
These redeveloping countries cannot say that what Dubai did, had a HUGE influence and inspiration on them
@eddieleong6490
@eddieleong6490 Жыл бұрын
Singapore population has already peaked. Economy is struggling to avoid a recession. Expats population has decreased due to high costs and also Government is issuing less visas except to the top calibre (numbering perhaps a few hundreds). Singaporeans can be assured of an apartment, assured that in times of recessions or economic slowdown, the government will allow them longer repayment periods, etc. Not when they invest in JB. No way, I will buy in JB. Rent, maybe.
@eddieleong6490
@eddieleong6490 Жыл бұрын
Malaysia has only a few elephants left. So, White Elephants like these will help to increase the elephant population. Look at any of the numerous condos...and you see dozens to over 800 apartments avaialble for rent. Who is renting? From Singapore? Very few and those renting are just a few thousands. Malaysian? They all have cars and will drive outside to spacious landed properties at much cheaper cost....Malaysians do not like to live in crowded cities except in the Klang Valley (KL, Petaling Jaya) but that premier location has frequent water stoppage.
@jiasiang9217
@jiasiang9217 7 жыл бұрын
I bet that will take 100 years to do that project
@Thebaesixwork
@Thebaesixwork 6 жыл бұрын
it's meant for the rich ones.... the locals... yes.. for the rich ones... too...the poor ones... u can live in tents... camping sets are cheap... live along the beach.... or built floating houses...
@goldencheese7247
@goldencheese7247 7 жыл бұрын
What is wrong with Richard Quest? Meltdown?
@Talemuse
@Talemuse 7 жыл бұрын
Johor Bahru has been next to Singapore since time memorial. Is it booming at the level singapore is for the last 50 years? What makes iskandar so special ? Think about that when u invest your hard money.
@Adie_Lasso
@Adie_Lasso 6 жыл бұрын
By the time it finished the development, the world have end....
@zhongyi7211
@zhongyi7211 5 жыл бұрын
Shenzhen is success because of people, not buildings.
@kiankhiongng2452
@kiankhiongng2452 5 жыл бұрын
You are absolutely spot on. Malaysia will never have a "Shenzen". The reason many people can go and figure out for themselves.
@walkerrowe9534
@walkerrowe9534 6 жыл бұрын
get internet in Port Dickson and Malacca would be a good start
@Touchgrassplz
@Touchgrassplz 7 жыл бұрын
Forest city isnt for malaysians, it is way too expensive. It's meant for speculators and investors.
@yuzame8673
@yuzame8673 6 жыл бұрын
From my perspective its not that expensive only around RM800k for it location. At my place, a new house worth RM750K and where is it? Near a small town called Sungai Pelek. Have you ever heard of that place.
@ArfHlm
@ArfHlm 5 жыл бұрын
Hi CNN, In the middle of nowhere? FYI this is the land of full of happiness which where in this world you can found a multi-racial land that are living in peace, harmony, growing together & being an economic region to be the great nation. Yes, like you have said we are 100% ready to be the great nation in the 21st century. #forestcity #iskandar #malaysia Regards, Arif
@Zenpai25
@Zenpai25 7 жыл бұрын
u should review Melaka/Melacca Gateaway Malaysia. Recommend it !
@funofboredom
@funofboredom 6 жыл бұрын
The minister says Johor's population will grow from 1.8 million to 3 million in 10 years. Hmmm..
@irvalfirestar6265
@irvalfirestar6265 7 жыл бұрын
The reporter acted as if everything around him is hilarious and stupid, when he could have at least be polite and discuss the matters in a more formal way. It doesn't even fit the narrative they're trying to push. If you really want to push a narrative that says 'China is conquering everything', then at least discuss the facts in a serious way instead of trying to goof off like this and treat it like a freak show.
@Callsign-Blade_RunnerSG
@Callsign-Blade_RunnerSG 6 жыл бұрын
Irval Firestar Because he knows that all this will be a HUGH housing bubble that will pop very soon. Not many people are buying them. I rather invest in Singapore’s property.
@shawnk2704
@shawnk2704 11 ай бұрын
So much of expected development, but not matched by the rate of rice production.
@jeremykyles567
@jeremykyles567 7 жыл бұрын
hope prime minister don't corrupt the budget for the city
@xangellicious
@xangellicious 7 жыл бұрын
Overly ambitious move doomed to fail.
@adrianyeo1524
@adrianyeo1524 Жыл бұрын
Forest City is now deserted & a haunted ghost city
@ChowYewLoon
@ChowYewLoon 6 жыл бұрын
Let's hope this will cause the house price in Johor Bahru become affordable...
@obsun001
@obsun001 5 жыл бұрын
Is forest city a ghost city now as beijing limit the cash outflow overseas?
@kenmaster2661
@kenmaster2661 7 жыл бұрын
I only see poor sweaty people working very very hard to build these giant building expecting no gratitude from these development and greedy investment with little pay. humanity is disgusting.
@izzatirfan1995
@izzatirfan1995 7 жыл бұрын
china bringing their country to malaysia....great
@madman9850
@madman9850 7 жыл бұрын
malaysia, soon to be a province of people's republic of china.
@thebiggestcontroversy5881
@thebiggestcontroversy5881 7 жыл бұрын
are they gonna ban youtube and facebook too???
@heroa6799
@heroa6799 6 жыл бұрын
Ride One That's why we need to rise and show how strong and capable the malay race are.
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