Senchey Condo sets new way of living near Phnom Penh International Airport

• 4 September 2019
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Condominium projects are mushrooming across Phnom Penh bringing a variety of products for customers. As the condominium sector continues to flourish, one of Cambodia’s leading residential developers Chamreun Sambath Construction Co., Ltd has taken another step towards real estate development with the opening of its amazing condominium project ‘Senchey Condo’ near Phnom Penh International Airport. The Construction & Property Magazine reporter Ms. Khat Leakhena sat down with Dr. Alexander Evengroen, the company’s CEO to talk about this fantastic new project.

What is unique about Senchey Condo?

Senchey Condo is a very attractive, modern style condo project for all people. We have a swimming pool, children’s playground, sports club, and a beautiful unique first-floor garden area never seen before. From the first-floor pool/garden area there is a nice 2-metre bridge going inside the condo. We have a total of 116 units, 90 are one bedroom with a size of 35 sqm, 16 two bedrooms with a size of 54 sqm, and 16 two-bedroom units of 57 sqm.

Given that quality is among the top priorities for customers, what qualities make Senchey Condo stand out?

At Chamreun Sambath Construction Co., Ltd quality stands for everything, we don’t want to cut back on quality. We use the highest quality materials, elevator and constructors. We use the highest quality standard of building. Senchey condo is 15 floors and has nice high ceilings which create the feel of more space.

Does Senchey Condo have any fire precautions to minimise the risk when something goes wrong?

Yes. If something goes wrong, we have a water reservoir under our building, and if there is fire and we need water, we can use it. We have a fire sprinkler system, and on every floor, there are fire hoses connected to self-sustaining pumps that cover all floors which is a huge safety benefit. All condos and public areas have smoke and heat detectors to add to the safety. We also want dedicated detection monitors downstairs so they can alert people. Safety wise, we go ten steps ahead.

What is the potential of the return on investment from Senchey Condo?

We are close to Sen Sok district, and we are very close to the new Orkide project. So that is the benefit, so when you buy, in two or three years they start to build, it possibly increases your return of investment up to 30% right away, and that is an added value. And another added value is it’s only 1 kilometre away from the airport on road 105K.

Can you tell us about the unit price, payment options, and other related fees?

We are still fine-tuning the price, but it will be very attractive. We have different flexible payment options. We have an instalment payment, a one-time payment as well as one or two-year payment options. We are very flexible; we can also support you with a loan from a bank. The management fee is only 0.5 cents per square metre.

When will construction start?

Our Senchey Condo construction has already started. We are now installing the tower crane. Construction will take around two years, so the target date is August 2021.

 

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