A new sea reclamation project off the coast of Muar in Johor, owned by Johor ruler Sultan Ibrahim Sultan Iskandar, could begin as early as this year.

The size of the venture will be similar to that of the Forest City project in the Johor Straits, which the Johor ruler also has a stake in.

The new project in the Malacca Straits won't go the way of Forest City which sought to build an integrated residential development that sold to a global market, and was particularly popular among Chinese nationals, but is now struggling due to Beijing's offshore investment curbs imposed on its citizens...