Johor does not sell land in Forest City, only the strata, critics told - News Summed Up

Johor does not sell land in Forest City, only the strata, critics told


JOHOR BARU: Sultan of Johor Sultan Ibrahim Sultan Iskandar has chided those who criticised the Forest City project and claimed that it was about pawning Johor’s land. With Forest City, the state of Johor has increased in size. In Forest City, we do not sell the land, we sell the strata (titles) and these strata (titles) are for permanent ownership in Johor,” he said. Sultan Ibrahim also addressed the frequent misconception about Forest City and its stakeholders. When Forest City is completed, the assessment, quit rent will go to who?


Source: New Strait Times November 24, 2017 01:07 UTC



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