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About the Forest City , Malaysia
Forest City is an integrated residential development and private town located in Iskandar Puteri, Johor, Malaysia. It is located in the southwestern part of Johor Bahru District, the second largest district in Malaysia by population. First announced in 2006 as a twenty-year investment project mostly financed by a consortium of mainland Chinese private real estate developers, pitched under the Belt and Road Initiative.
Forest City, an ongoing project at Jalan Forest City 1, Forest City, Pulau Satu, Gelang Patah, Johor, designed with the desire to create not just a conventional project but rather a unique yet simple economic engine. This ongoing project is designed to bring man out of the encapsulation of the everyday Forest City and closer to a more natural surrounding with lush greenery and a great sea view
Not just family friendly but eco-friendly, the island where this Forest City is proposed is said to be one of the major tourist attractions and as such it is expected to draw lots of investors, faster the normal inland developments once completed. This Forest City though is on island is expected to feature a number of facilities such as well tiled bathrooms, bedrooms, spacious and clean living rooms and a walk- in wardrobe. Security is high as it features a 24 hour surveillance system with 3-tier CCTV cameras to help monitor movements in the Forest City as well as outside the Forest City. as such the properties of residents in this Forest City is well assured protected. Lifts will also be provided to ensure easy movements of residents up and down the levels of the Forest City. Other facilities include a balcony which provides great view of the surrounding, large windows which reduces sun rays entering the apartment and an air conditioner for good ventilation or circulation of cool air not forgetting the wide open sea which also provides its own natural breeze. There is a drainage system so residents need not worry when the sea level rises and also smoke detectors in each apartment in case of fire emergencies.
This Forest City being surrounded with lush green forest or vegetation is open to a number of amenities such as schools (Shattuck-St. Mary’s School) which is located not too quite far from the residence, eateries, restaurants, banks, ATMs, churches, mosques, shop lots, shopping malls, restaurants that provide a variety of cuisines, cafes and hotpots to hang out at night. Buses and Taxis are also made available as a means of transport in Forest City. Forest City is also well connected to a number of major highways linking to cities and towns in Johor.
The condominiums featured in this Forest City are expensive and as such expect nothing less but the best facilities featured in the condominiums in Forest City. Some of these facilities include a car parking lot, lifts, household appliances, air conditioning, a lounge, swimming pool, children’s bathroom, a Nursery, Spa, BBQ area, kitchen storage cabinets, well tiled kitchen and bathrooms, electricity, water feature and a 24 hour security surveillance system.
Forest City is an ongoing which received lots of attentions from the media due to its location being in the man-made island of Forest City. This project is designed with the aim to revolutionize the idea of the modern Real Estate Developments. Apartments in this City are located in the eco-friendly forest area. Much work is done by the developers to preserve the very nature of this forest by evading felling of trees. This City is expected to cover a total of 3,425 acres of land comprising of 4 artificial Islands. Condominiums in this City are expected to feature lifts with each unit expected to have a built up size of approximately 850 square feet and above. It incorporates establishments like multi-level transportation, vertical greening and has aims of boosting the economy of Forest City through attracting industries and investors.
Johor Baru, the master developer of this project is also known for some of its remarkable ongoing and completed projects such as its High-Speed Rail (HSR), Johor Bahru City Centre, Nusajaya, Western Gate Development, Eastern Gate Development and A gateway to the south region. Other projects located close to Forest City worth checking out includes Bayou Creek @Leisure Farm, Eco Botanic, East Ledang
Specail Financial Zone ( SFZ) in Forest City
The Forest City
Special Financial Zone (SFZ) is a special economic zone (SEZ) in Malaysia that is
intended to attract foreign investment. The SFZ is located on four man-made islands in the Straits of Johor, between Malaysia and Singapore.
Purpose
- The SFZ is intended to boost investment and the economy in the Iskandar Malaysia region
- The SFZ is intended to lower the cost of doing business for businesses and attract skilled workers
Incentives
- Tax rates
The SFZ offers a flat income tax rate of 15% for skilled foreign workers. It also offers a concessionary corporate tax rate between zero and five percent.
- Visas
The SFZ offers multiple entry visas, including fast-track entry for those based in Singapore.
- Other incentives
The SFZ offers special deductions on relocation costs, enhanced industrial building allowances, and withholding tax exemptions.
Artical : Forest City Special Financial Zone Tax Incentive Package
Property Type
Forest City, Malaysia has many types of properties, including apartments, villas, offices, and commercial properties.
Commercial properties
Offices
Carnelian Tower 1 : Offices with panoramic sea views and built-up areas ranging from 463–3,111 sq ft
Country Garden Forest City: A garden city with commercial, residential, and industrial properties
Starview Bay
Apartments, flats, and condominiums for sale
Villas
Coastal villas: Luxury villas with built-up areas ranging from 4,489–9,235 sq ft
Golf villas: Villas surrounded by golf courses and a 5-star hotel with built-up areas ranging from 2,034–2,917 sq ft
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Want to know more about {
Forest City Real Estate } . Please contact
Howard Lee
Phone: 0167463288
Whataps: 0167463288
Email: [email protected] / [email protected]
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