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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