IPFS News Link • Housing
The $100 Billion Luxury Complex That's Sitting Empty and Unfinished
• Wall Street JournalISKANDAR PUTERI, Malaysia—On the southern tip of peninsular Malaysia, a cluster of high rises built to house tens of thousands of people in luxury condominiums overlooks the sea. Nearly a decade after troubled Chinese real-estate giant Country Garden began building the enclave, it is almost completely vacant.