Forest City

[Legolad]

Forest City developer helps local school kids learn Mandarin
By ZURAIDAH MOHAMED - November 23, 2017

GELANG PATAH: Forest City's master developer, Country Garden Pacificview Sdn Bhd (CGPV), aims to give back to the community by offering a three-month basic Mandarin language course to some 100 school children here. CGPV corporate communications head Aeron Munajat, said that apart from learning Mandarin as a third language, the three-month language course will also help the students develop self-confidence which will further enhance their competitiveness in the job market in the future.

He said the course involved students and teachers from five schools, namely SK Morni Pok, SK Tanjong Adang, SK Tiram Duku, SK Tanjung Kupang and SK Pendas Laut. "The classes are conducted every Friday and Saturday from 10am to 12pm, at the community centre in Kampung Pok. The first intake for the course, which was conducted from August up until mid November, involved some 100 students from five schools aged nine to 11. The second intake will be conducted from January until March next year," he told reporters when met at SK Tanjong Adang here today where he handed over certificates to the participants.

Aeron added that CGPV plans to continue to offer the Mandarin courses in the future as part of its corporate social responsibility effort for the community here.

https://www.nst.com.my/news/nation/...eloper-helps-local-school-kids-learn-mandarin

 

[enjoylife77]

Site progress
Impressive project on reclaimed land by Chinese developer.

 

[Legolad]

The Star - SAJ Ranhill cannot supply water to Forest City

"...rumours were rife that Forest City would obtain water supply from SAJ Ranhill."

“If there is truth in the rumour, then this just goes to show the developer's irresponsible attitude and total disregard for the state's government's clear directive to source its own water supply,” he said in the Johore state assembly here today.

"...such a move would be against the state's government's decision that the developer source its own water supply for the project."

Tengku Putra Haron said the state would be exposed to the possibility of a water crisis as Forest City requires about 600 million cubic litres of water daily.

He said the amount was equal to the water demand for all areas in Johor Baru and Pasir Gudang.

https://www.thestar.com.my/business...ter-to-forest-city-johor-state-assembly-told/

https://www.thestar.com.my/metro/me...-to-forest-city-goes-against-states-decision/

 

[snowbird]

This water supply "crisis" is purely a political problem which can be resolved easily behind doors.
It's all about clever bargaining, benefits and ultimately who gets what.
However, the facts remain, supporting infrastructure improvement in JB is moving way behind the pace of overall development.
Looks like the problem will not only be just water supply, not surprising next will be garbage collection/disposal, sewage treatment, power supply, etc.

 

[Manhattan]

Don't worry for forest city. Before this saga I already heard forest city wants to build a desalination plant. Now I know why.

 

[snowbird]

Don't worry for forest city. Before this saga I already heard forest city wants to build a desalination plant. Now I know why.

As part of the total development of the Forest City, the developer was supposed to build this to cater for the residential and commercial usage as part of the Master Plan.
But problems now is the developer is unable to sell all the units they are building and possible stalling future development, so the construction and operation of a new water treatment plant will be totally without an economy of scale.
On the recent BNM report on 40,000 unsold units within JB, I believe many were coming from FC.
Hence, they are probably trying not to build this water plant now and instead, draw water from the mainland.

 

[congo9]

Ok. So they can't build their water desalination plant cos they can't have the scale of economy. So now Johor is trying to press them to build their own plant instead drawing from mainland.

 

[snowbird]

Ok. So they can't build their water desalination plant cos they can't have the scale of economy. So now Johor is trying to press them to build their own plant instead drawing from mainland.

Forest City is a joint venture between Country Garden (60%) and Esplanade Danga 88 (40%), and associate company of Kumpulan Prasarana Rakyat Johor (KPRJ) which is wholly owned by the Johor State.
When such an issue involving the public's interest and their company's P/L arises, this is going to be a serious case of conflict of interest for the State.
So whether continue to allow FC to draw water daily from the state's resources or insist that FC immediately start to construct and run their own water treatment plant..............to be continued in next episode.

 

[congo9]

Recently, i went to showroom by Forest city developer. It's called central Park.

 

[congo9]

Forest City is a joint venture between Country Garden (60%) and Esplanade Danga 88 (40%), and associate company of Kumpulan Prasarana Rakyat Johor (KPRJ) which is wholly owned by the Johor State.
When such an issue involving the public's interest and their company's P/L arises, this is going to be a serious case of conflict of interest for the State.
So whether continue to allow FC to draw water daily from the state's resources or insist that FC immediately start to construct and run their own water treatment plant..............to be continued in next episode.

Probably they should start to build one desalination plant by themselves.
They can operate and sell their water to JB.

 

[snowbird]

Probably they should start to build one desalination plant by themselves.
They can operate and sell their water to JB.

You must be joking.
The 2 PUB desalination plant in SG, which are among the biggest in the world, Singspring and Tuaspring, can only managed churn out about 400,000m3 per day.
According to the report, FC needs about 600,000m3 per day in due time so even if they build 2 similar size desalination plants, its not even enough for self requirement.
Then they need to acquire additional land to build them (obviously will not on the islands) and subsequently, employ people to operate and maintain it.
This is going to be an extremely hefty bill.
Moreover, pure desalinated water, like distilled water, is totally demineralized, is not good for human consumption on its own, its has to be mixed with natural water to be drinkable, like in SG.
Which means they have to build a large reservoir too?

 

[congo9]

You must be joking.
The 2 PUB desalination plant in SG, which are among the biggest in the world, Singspring and Tuaspring, can only managed churn out about 400,000m3 per day.
According to the report, FC needs about 600,000m3 per day in due time so even if they build 2 similar size desalination plants, its not even enough for self requirement.
Then they need to acquire additional land to build them (obviously will not on the islands) and subsequently, employ people to operate and maintain it.
This is going to be an extremely hefty bill.
Moreover, pure desalinated water, like distilled water, is totally demineralized, is not good for human consumption on its own, its has to be mixed with natural water to be drinkable, like in SG.
Which means they have to build a large reservoir too?

Thanks for telling me all this information. It really open up my eyes on this scale of problem the forest city is having on hand now.
Forest city really need all their resources to open up and give out sustainable solution or else their investment will be in taters.

They also have to think of a way to send the water throughout Johor if they really want to sell their product.

 

[sgtsk]

Even Singapore , a country itself, could not be self sufficient in its water needs, so requiring a development to create its own water resource is a big stretch.

 

[sgtsk]

不只是艺术 | 森林城市第一届文创艺术节惊喜来临

http://mp.weixin.qq.com/s/rgnC0K4BCfz3ZTkUyGmEvw

SEE YOU AT
DATE
12.15 - 12.17

 

[sgtsk]

FC VR

http://720yun.com/t/m4nz6lplowcxanp71d?pano_id=6ompKRTbZFjjgon9&from=timeline&isappinstalled=0

 

[sgtsk]

http://mp.weixin.qq.com/s/VciLt-956fx6EQA2js2exA

 

[regretbuy]

Forest City a bit too far from town

 

[enjoylife77]

Country Garden profit doubles to record.
Y CLARE JIM

HONG KONG: China’s Country Gar- den Holdings Co Ltd said annual core pro t doubled to a record on ro- bust domestic sales and was hopeful about a high-pro le property project in Malaysia despite a sharp drop in sales to mainland Chinese buyers.

Many of China’s major property developers are expected to book their annual best-ever profits for 2017, largely shrugging o the impact of Beijing’s tightening measures as they speed up the pace of developments and as they bene t from consolida- tion in the industry.

Country Garden’s core profit, which excludes non-recurring in- come and revaluation gains, grew to 24.7 billion yuan (RM15.24 billion) on a 48% surge in revenue.

Based in the southern Guangdong province, Country Garden ranks as China’s top property developer by sales although those sales gures

include total revenue garnered at joint ventures.

But unlike previous years, how- ever, it did not disclose a sales target for the current year.

One area of concern for Coun- try Garden has been its Forest City project in Malaysia, which includes homes, office towers, malls and schools and is touted to be worth some US$100 billion in investment over 20 years.

Originally geared to appeal to

mainland Chinese looking to reset- tle overseas, sales slid last year to eight billion yuan, compared with more than 10 billion yuan the pre- vious year as China’s capital curbs slammed the brakes on outbound investment.

Chief nancial o cer Wu Bijun said development will not slow down this year.

“We have set up 23 sales o c- es overseas; we expect to see sales growth this year,” she said.

e developer also said it hopes to capitalise on what it expects will be government e orts to promote the development of long-term prop- erty leasing.

Country Garden, which set up a long-term property leasing depart- ment late last year, said 3,000 such apartments were under construction in top-tier cities in 2017. It aims to build one million apartments to be leased in three years.

Although Beijing introduced more tailored housing measures in cities last year in a bid to control home prices, property development has not let up.

Real estate investment in China over the first two months of 2018 grew at it strongest pace since 2015, with smaller developers rushing to roll out new projects amid a govern- ment crackdown on risky nancing.

Shares in Country Garden closed up 0.4% after the results, in line with the broader Hong Kong stock mar- ket. — Reuters

 

[sgtsk]

继纽约、伦敦、米兰、巴黎等国际时装周沉淀，4月10日，中国首席亲子装VICKY'Z走进碧桂园森林城市，奇幻森林发布会闪耀东南亚。


http://mp.weixin.qq.com/s/WduOE5IF69YJwCtHy5DdvQ

 

[enjoylife77]

Shocking news for Forest City owners.
malaysia-forest-city-off-limits-to-foreign-buyers-mahathir-10656208