Bay Construction Kicks Off

• Proeksa Meas
• 22 July 2016
• Construction Focus
• 1682 Views

“PT Sans””>Phnom Penh’s prestigious USD500 million development The Bay has officially started construction and will soon establish franchises to drive sales.

mso-bidi-font-family:”PT Sans”;color:black”>Construction was scheduled to start in 2015, but an increase in planned condo developments and controversy swirling around Sok Bun forced a number of delays.

mso-bidi-font-family:”PT Sans”;color:black”>With these challenges now behind them and their construction permits in place, the Singapore-based developer TEHO International believes its seven tower project on Chruoy Changva peninsula will still meet its 2020 deadline.

mso-bidi-font-family:”PT Sans”;color:black”>Sales have been robust to date with 50 percent of the Bay Suites residential units already sold and the company confident it will achieve its 100 percent sales target.