Tag: iskandar forest city

Forest City gross development value (GDV) has done down a lot! To recap, this is a 66:34 joint venture between China-based developer Country Garden Holdings Ltd and Johor state government’s subsidiary company, Kumpulan Prasarana Rakyat Johor. It’s GDV has since been revised downwards by 25%. Yet, the total GDV is still a staggering RM450 Billion, down…