Ta Khmao’s Condo Towers to Break Ground in 2018

• 9 December 2016
• Property Focus
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Construction of the luxury twin condominium towers of Center City Takmao complex will kick off in early 2018, following the completion of the commercial shop houses and other commercial buildings in late 2017.

Located just 15km south of Phnom Penh along the Tonle Bassac riverfront, construction on the USD150 million complex has sped up on its 68 commercial shop houses which has resulted in over 70 percent of these unit types being sold.

According to Okhna Tang Kung, Chairman/CEO of The River, the developer behind the luxury commercial and residential complex, sales for the 484 condo units from the 27-storey twin condominium towers will also open in 2018 shortly after the ground breaking.

“Situated in the heart of Ta Khmao overlooking the grand Tonle Bassac, Center City Ta Khmao will be the finest in world-class living,” said Okhna Tang Kun. He added that Center City differentiates itself from other developments by being located in a tranquil and picturesque setting in front of the majestic Tonle Bassac and offering unparalleled convenience. It offers customers the choice of owning spacious shop houses perfect for any business, thanks to its proximity to premium condominium units and a luxurious shopping mall that offers world-class amenities within the same complex.

Once completed, Ta Khmao city will be transformed into a real estate development hub thanks to the construction of the area’s first large-scaleresidential and commercial development project.

The complex is being developed by Tang Kung Group under the The River Premium Developments brand via a joint venture between local conglomerate Tang Kung Group and a Malaysian investor also owner of Australia-based Riverside Group.

Tang Kung Group has almost 20 years of experience in the real estate industry; initially investing in selling properties and then expanding to borey developments such as Borey Pich and Borey River Town and with more in the pipeline.

Above are the pictures from the project’s construction progress on their commercial shop houses.

• Projects Development