Foreigners will be blocked from buying units at the Chinese-backed Forest City project, on artificial islands in Johor, and refused visas to live there, according to Malaysia's Prime Minister at a press briefing, as reported by Bloomberg (29 August 2018). Carrie Law, CEO of Juwai.com chips in that Chinese buyers had the 'bad luck' of becoming overly visible in markets around the globe as they are accused of driving up housing affordability around the world.
