A map of Malaysia and Singapore in Country Garden Holdings’ Forest City showroom in the Iskandar Malaysia zone of Johor Bahru in Malaysia, on August 4, 2017. Photo: Bloomberg.
Country Garden shrinks its Malaysia staff as sales of Forest City’s property trickle to a stop amid Covid-19 travel bans
- Country Garden has cut its Malaysia staff to 500 as of June following three rounds of retrenchments over the last 18 months, from 1,700 in 2019
- The company has sold fewer than 10 homes at Forest City in the past 18 months, according to salespeople who declined to be identified
Follow your favourite topic and get notified
A map of Malaysia and Singapore in Country Garden Holdings’ Forest City showroom in the Iskandar Malaysia zone of Johor Bahru in Malaysia, on August 4, 2017. Photo: Bloomberg.
