Malaysia Leaves $100 Billion Real Estate Project in Limbo
A map of Malaysia and Singapore inside a showroom at the Country Garden Holdings Co. Forest City in Johor, Malaysia in 2017.
Photographer: Nicky Loh/BloombergThis article is for subscribers only.
The fate of Country Garden Holdings Co.’s $100 billion project in southern Malaysia remains in limbo as Prime Minister Mahathir Mohamad said foreigners are welcome to invest, but they might not be allowed to stay for long in their new homes.
"They can buy the property, but we won’t give them a visa to come and live here," Mahathir said Tuesday, according to The Malay Mail.