Bay Construction Kicks Off

“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.

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