{"id":20664,"date":"2025-12-17T11:03:21","date_gmt":"2025-12-17T03:03:21","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=20664"},"modified":"2025-12-17T11:03:21","modified_gmt":"2025-12-17T03:03:21","slug":"from-ghost-town-to-potential-wealth-magnet-6-family-offices-get-green-light-to-operate-in-forest-city","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=20664","title":{"rendered":"From ghost town to potential wealth magnet: 6 family offices get green light to operate in Forest City"},"content":{"rendered":"<p><br \/>\n<\/p>\n<p>Malaysia hopes these SFOs, drawn by a zero-tax scheme, can give the zone an economic purpose beyond a cautionary tale<\/p>\n<div data-testid=\"article-body-container\">\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">[GELANG PATAH, JOHOR]\u00a0A small but noticeable stir of activity is emerging in Forest City, hints that the vast mega development in Malaysia\u2019s Johor Bahru may be inching away from its \u201cghost town\u201d reputation \u2013 or, at least, signalling the hope that it is.\u00a0<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">A growing mix of eateries, including the popular Thai outlet Kampung Carabao, which opened a year ago, now occupies part of the retail strip, in one of the clearest signs that Forest City may be coming to life.<\/p>\n<p class=\"whitespace-pre-wrap break-words mb-4 md:mb-6\" data-testid=\"article-paragraph-component\">A transport hub anchors part of the site, with Causeway Link buses connecting the development to multiple parts of Johor Bahru and Tuas in Singapore. Routes to Kuala Lumpur are also advertised.<\/p>\n<div data-testid=\"article-btg-newsletter-component\" class=\"border-t border-gray-175 py-3\">\n<div>\n<p class=\"font-lucida text-xl font-medium italic leading-normal -tracking-5% text-gray-850\">Decoding Asia newsletter: your guide to navigating Asia in a new global order. <span class=\"inline border-none p-0 font-lucida text-inherit text-xl font-medium italic leading-normal !-tracking-5% text-verticals-btblue !underline outline-none\">Sign up here to get Decoding Asia newsletter.<\/span> Delivered to your inbox. Free.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.businesstimes.com.sg\/international\/asean\/ghost-town-potential-wealth-magnet-6-family-offices-get-green-light-operate-forest-city\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia hopes these SFOs, drawn by a zero-tax scheme, can give the zone an economic purpose beyond a cautionary tale [GELANG PATAH, JOHOR]\u00a0A small but&#8230;<\/p>\n","protected":false},"author":1,"featured_media":1864,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-20664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/20664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20664"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/20664\/revisions"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}