Forest City Reawakens: Malaysia’s $100B Mega-Project Gains New Life Through SEZ and Tax Incentives

 With new policies and family office tax breaks, Forest City could go from ghost town to global financial hub

H2: Malaysia

  • Forest City sees renewed interest as couples move in for affordability and convenience
  • Integrated into Johor-Singapore SEZ, now a designated special financial zone
  • Family offices incentivized with 0% tax, spurring financial and tourism growth

H2: International

  • Elon Musk retracts decision to shut down Dragon spacecraft amid feud with President Trump
  • Dragon remains essential to ISS missions; billionaire Bill Ackman encourages reconciliation

H2: Asia

  • Singaporean retailers expand to Johor Bahru to escape high costs
  • Challenges include labour shortages, red tape, and mall footfall
  • RTS Link in 2026 expected to increase cross-border service demand

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