Inside Malaysia's Failed $100 Billion GHOST CITY (shocking)

Hope you enjoyed this slightly different video! 🧐 Would you like a long weekend in the ghost town of Malaysia? 😉❤️

It’s in Malaysia. The Chinese government instated strict currency controls and the Malaysian government was reluctant to let Chinese buy apartments.

How Ironic ... "Forest City" actually becoming a forest / jungle.

This reminds me of the set of a post-apocalyptic sci-fi movie. It looks creepy, intriguing and oddly beautiful. The foliage is gorgeous. The black mold and the crocodiles though, make the place a hard pass for me.

My dad has an apartment unit here. Its not as bad as the video made it out to be. We are not from Malaysia but from Indonesia, we do use this place as a second home so rarely here but we maintain it well. Currently we are staying here for midterm stay. But most of the units arent purchased by malaysians and act as a second home thus not many people stay here long term. But they do have a functioning school that is attended by child of parents living here. And the residents constitutes of mostly foreigners. In my floor out of the 8 units 5 are resided and renovated but the other 3 is sold out but the owners never did anything to them as they are not from here. In my building there are Koreans, Chinese and Indonesians staying here. Its actually quite lovely and lively. We stay at ataraxia park 1 overlooking a swimming pool and its used daily by the residents almost all the time with minimum occupancy so you can enjoy the pool to your group if you time accordingly. The tennis courts and basketball courts are daily used too. Facilities are complete and whats great is due to the place not being so crowded the air is always great, barely any pollution. So if you like a modern atmosphere but want to do a getaway I think this place is the best of both worlds. The only downside i would say is that you need a car here as public transport to the downtown are of Johor is not frequent and its quite a ways away. But if you commute to singapore itll take you to the heart of singapore in 45 mins driving during non rush hour times.

Imagine you are a streamer who works from home and live here..... it's like a dream

Reminds me a bit of the London Docklands area back in the day, huge hype then financial crash and developers struggling to sell the flats. Today the Docklands is full and buzzing.

This place is gonna be poppin in 10-20 yrs.

No annoying neighbours. Just the birds and beauty. Maybe not a bad investment or place to live.

I'm in Forest City right now. It's quite empty but the non-tourist occupancy rate is rising. But for a place which is built for tourists, I find it ironic I kept being approached by security guards and told not to film in the buildings. Its a very irritating experience.

It's built on land owned by the Sultan of Johor also currently the king of Malaysia...there's talk that the proposed high speed rail station will be diverted to Forest City

Turns out i’m in need of a house to live in as i live on the brink of homelessness in Australia and i would be happy to live in that beautiful place with anyone. just thought i might put it out there, just send us some keys and i will move a couple boxes pronto. that place looked SO NICE 👀

This was built so rich Chinese people could buy up Malaysian property. It was never meant for Malaysians , so the government restricted ownership. All work stopped immediately afterwards. That tells you everything you need to know. Also, the properties are not worth anything. Tofu Dreg construction is why it’s falling apart after 5-8 years. There’s hundreds of these places all over China. Millions upon millions of empty, half finished homes and apartments. That feeling of being watched is real. You were being tracked the entire time.

What a weird place. Definitely very odd vibes. As you say more questions than answers. As always thanks for the insight. ❤

That is so fascinating, but, yes, surreal! It has such potential and really is a nice idea.

This "ghost city" is in Malaysia not China but was built by a Chinese company.

Chinese Developers make their money by churning out properties like these to sell to Chinese buyers. Chinese buyers do not buy these properties to live, but as investments. They buy apartments (usually their second by now), to hold until the value appreciates, and then sell to get a return on their investment. Forest City failed because a) the pandemic - buyers or potential buyers could not travel to Johor to view the development and put a deposit on their new apartment. b) Then Malaysia had a change of govt and the new govt was not so inviting to Chinese investors, particularly in property. c) Then the Chinese govt also cracked down on property investments, and on outflow of capital, so buyers could not service their mortgage for an apartment or home in Malaysia. And I am sure there were other issues. But overall, the plan and intended customers for Forest City was not based on reality. The plan was to build 700,000 units. On reclaimed islands. And priced for Chinese buyers but not Malaysian (local) buyers. The locals could not afford the units. And where would the 700,000 new home owners work? Are there offices, or businesses for 700,000 employees? The reality is that developers do not worry about the bigger picture. There is no bigger picture for them. Build the units, sell them, then move onto the next development.They have left a trail of ghost cities and uncompleted homes in the wake of the property development crash in China. This just happens to be in Malaysia. There are no industry in Johor that will need 700,000 workers who can afford homes in Forest City.

I don't see a future for this apartment complex.

One of the best yet!!! Thank you guys.

Looks great, I'd live there. If someone was willing to spend the money, I bet they could make it work. Drop prices, turn half of it into hotels, make it a tourist destination instead of a residential area.