Forest City Malaysia: A Unique Opportunity in Real Estate
Looking for a unique real estate opportunity that combines environment, technology, and innovation? Look no further than Forest City Malaysia, a joint venture between Country Garden Group and the Malaysian-government-backed Esplanade Danga 88 Sdn Bhd (EDSB). Forest City is a newly-built smart and green futuristic city that offers an idyllic living and working space ecosystem.
An introduction of Forest City
Comprising four man-made islands spanning 30km2, Forest City is a real estate paradise that offers a desirable living experience. It has everything one could want in a city- perfect climate, sea views, clear blue skies, and fresh air all year round. It is covered with idyllic parks and has no vehicular traffic, making it an ideal environment where everyone can enjoy the sun, swim or take a carefree stroll.
Real estate in Forest City offers a unique lifestyle with smart technologies, food, entertainment, work, and leisure. It is a great place to enjoy life with family and friends. With everything conveniently located within the city, residents can enjoy a hassle-free lifestyle.
Innovative Living Technologies and Personalized Services
Forest City Malaysia has developed a comprehensive and connected smart island experience that encompasses innovative living technologies, personalized service, and community events. The Forest Life App is a one-stop service platform that offers convenient access to a variety of community services. Entertainment options are available through Readlife, Malaysia’s first cloud-based community digital library. Malaysia’s first smart robot service community, Canbot, is also on-hand to provide residents with multilingual support and welcome guides.
The city utilizes the latest smart security systems to ensure its residents are safe, including smart doors and elevators that use facial and fingerprint recognition, and invisible electric fencing. The Forest Life App also allows for remote video intercom communication, door unlocking and alarm triggers, as well as real-time streaming of public areas.
Multicultural Environment and Community Events
To ensure residents integrate seamlessly into community life, Forest City has devoted most of its manpower to the positions of butler, aiming to cultivate an intimate relationship with each property owner. With residents from over 30 countries, Forest City has also organized multicultural events to encourage cultural exchanges. To date, the community has celebrated Chinese New Year; and in May, a tie-dying workshop using Henna and Chinese handcrafted items fostered cultural understanding between residents.
Excellent Investment Potential
Real estate in Forest City is a unique investment opportunity. The development, with a construction period of 25-30 years, was established under the Economic Transformation Plan of the Malaysian government in 2006 and invested by both Singapore and Malaysia governments. It spans approximately 30 sq. Km and consists of four human-made islands (approx. 20 sq. km), a golf resort, and IBS industrial park (10 sq. km). It has been named by Forbes as one of “five new cities that are set to shake up the future.”
Real estate investment in Forest City offers excellent potential for both capital gains and rental yields. The properties are priced competitively, and as the development is still in its early stages, there is tremendous potential for capital appreciation.
In conclusion, Forest City Malaysia offers a unique opportunity in real estate investment. With its smart and green futuristic city concept, idyllic living and working space ecosystem, innovative living technologies, personalized service, community events, and multicultural environment, Forest City Malaysia is an excellent investment opportunity.