Real Estate

China’s vision of our future cities


Forest City is a $40bn Chinese development project underway to create a “futuristic” city for 500,000 people.

‘IF YOU build it they will come.’

This is the thinking guiding one of China’s most ambitious projects yet — a plan to build a “smart” city for 500,000 people, from scratch, on four man-made islands in South-East Asia.

Forest City will consist of four man-made islands in the strait separating Singapore and Malaysia.

Forest City will consist of four man-made islands in the strait separating Singapore and Malaysia.Source:Supplied

The $40 billion project is the vision of Yeung Kwok Keung, chairman of private Chinese development company Country Garden, who wanted to build a city of skyscrapers atop three subterranean levels of roads and parking.

“The public would not see any vehicles on the road as [the] city would be filled with greenery on the top layer while underneath is for roads and parking,” Mr Yeung said.

But the project, dubbed “Forest City”, is not short of controversy. It is being built in the Strait of Johor, between Singapore and Malaysia — a …

Read the full article at: http://www.news.com.au/finance/real-estate/china-based-developer-launches-40bn-cross-border-project-it-claims-is-a-model-of-future-housing/story-fnd91nhy-1227723565769

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