Country Garden and KPRJ plan massive reclamation development for luxury homes near Pendas in southern Johor near Singapore.
Sources said that the project could entail a land area of “a few thousand acres,” which would make it one of Iskandar Malaysia’s single largest projects.
It isn’t clear how much Country Garden is pumping into the project, but going by its size, it would dwarf the Hong Kong-listed firm’s first project in Danga Bay, which only covered an area of 50 acres or 20ha, for which it had paid RM900mil.
The new project is being dubbed Forest City.
