Developer
Forest City
Country Garden Pacificview — Forest City mixed-use mega-development
- Developer
- Country Garden Pacificview — Forest City mixed-use mega-development
- Completion
- 2014–ongoing (phased towers & villa districts)
- Rental range
- RM 1,600 – 3,500 / mo
- Yield
- 3.2 – 4.1% gross
- Occupancy
- 65 – 75% rental occupancy (owner-hold heavy)
- Target tenant
- China Owner (hold / self-use / managed rent)
Property types
- Studio & 1-bed condos
- 2–3 bed seaview units
- Golf & marina districts
- Hotel-branded residences
Pros
- +Resort-scale amenities (golf, marina, hotels)
- +International brand visibility
- +Strong fit for owner-management revenue
- +Large unit inventory for buyers
Cons
- −Weak local JB tenant pool
- −Long void periods without PM support
- −Distance from CIQ / JB CBD
- −Speculative secondary market volatility