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.
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

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.
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.
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