The short answer: Bodaiju Residences is developed by Creed Property Malaysia Sdn. Bhd., wholly owned by Creed Group, a privately-held Japanese real estate group established in Tokyo in 1996. The group has already delivered a project under this exact name: Bodaiju Residences Phnom Penh, 928 homes, handed over in January 2020. It has no relationship with Country Garden or Forest City.

The question every Iskandar buyer should ask

After Forest City, every serious buyer in Iskandar Puteri asks the same thing: who is the developer, and have they finished what they started? It is the right question, and it deserves a specific answer rather than a brochure adjective.

The record, item by item

Thirty years as a principal. Creed Group was founded in 1996 by Toshihiko Muneyoshi and has operated in principal investment and property management since, expanding beyond Japan in 2006 into Cambodia, Vietnam, Thailand, Indonesia, Bangladesh and Malaysia.

A delivered sibling with the same name. Bodaiju Residences Phnom Penh, 928 homes, was completed and handed over in January 2020. When a developer names a second project after its first, it is staking the name on the record.

A decade in one township. The group entered Medini in 2013, took full ownership of the local entity in 2015, and completed the ION commercial precinct in Medini Zone C, certified with CCC. The Bodaiju sales gallery sits inside that completed precinct. Buyers can stand in the developer’s finished work while deciding on its next one.

A listed contractor. Construction is by MGB Berhad, a Bursa Malaysia-listed construction group under LBS Bina Group, with RDC Architects on design. A listed main contractor publishes its order book and its accounts; the market watches its progress so you do not have to take anyone’s word for it.

The Forest City question, answered without hedging

Creed Group is Japanese, privately held, and financially unrelated to any Chinese developer. Country Garden’s difficulties, extensively reported since 2023, involve a different company, a different project, and a different part of Iskandar. Conflating the two because both stand in Johor is like judging one airline by another’s safety record.

The APDL licence, the SPA draft, the bank panel letters and the Tower A works schedule. Paper first, showflat second. Book a viewing and allow ninety minutes; the documents take half of it, and they are the better half.