JOHOR BAHRU, Malaysia: A planned multibillion-dollar new city near Singapore is attracting interest from investors with promises of luxury living but there are questions over its future owing to China’s economic woes and warnings of environmental catastrophe.
Forest City, a $42 billion futuristic “eco-city” of high-rises and waterfront villas, will sit on four man-made islands on the Malaysian side of the Johor Strait just an hour from Singapore.
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