Empty Land Nearby Phnom Penh Water Park to Become One-stop Metropolitan Complex

Prince International Plaza. Photo Credit: Prince Real Estate Group

Prince Real Estate Group broke ground on Prince International Plaza on 29June, an iconic, one-stop metropolitan complex in the heart of Phnom Penh.

Located along Russian Blvd, the project is being built on more than 2 hectares (200,000 sqm) of land nearby the old Phnom Penh Water Park. The project will be a mixed-use development that comprises a Grade A office building, residences, and other commercial and residential facilities.

The main selling point of this project is its location which is situated at the intersection of Toul Kork, Meanchey, and Sen Sok Districts, the three fastest developing districts in the capital that are currently experiencing a real estate boom.

According to the sales officer, the company has yet to reveal the details of the project such as the completion timeline, investment budget, as well as the number of units available. However, this data is expected to be announced to the public when official sales start in late July or early August.

Prince International Plaza is not the only project by Prince Real Estate Group in Cambodia. The giant Chinese developer owns a number of large-scale projects in Cambodia such as the 37-storey mixed-use development Prince Central Plaza, the 27-storey mix-use development Prince Modern Plaza, and the 19-storey Diamond One residence on Koh Pich.

According to their Facebook page, Prince Real Estate Group is also working on other future projects such as Prince Time Plaza, Prince Club, Prince Hotel, and others, under their mega plan to create a Central Business District or CBD in Phnom Penh.

Prince International Plaza

- Video Advertisement -

Related Post

World Bank: Cambodia’s Economic Growth Forecasted to Reach 5.5% in 2025-2026 Amid Global and Domestic Challenges

Cambodia’s economy is projected to achieve a robust growth rate of 5.5% in 2025 and 2026, according to the latest World Bank forecasts. This follows expected growth rates of 5.3% in 2024 and 5% in 2023, reflecting a steady upward trajectory. These findings were highlighted in a report published by Fibre2Fashion on 21 December 2024. […]

Cambodia’s Business Landscape Faces Dual Trends: Drop in New Registrations 17%, Surge in Eliminations 32%

Cambodia’s entrepreneurial environment is undergoing a marked shift, with the Ministry of Commerce reporting 9,530 new company registrations in 11 months of 2024. This figure represents a decline of 17.17% compared to the same period last year, highlighting growing challenges in the business sector. Concurrently, company eliminations surged by 32.78%, totalling 1,284 businesses removed from […]

Shangri-La Phnom Penh Sets a New Benchmark in Luxury with $580 Million Investment

A monumental addition to Cambodia’s hospitality landscape, the Shangri-La Phnom Penh Hotel has opened its luxurious doors, marking a significant milestone with its $580 million investment. Situated along the scenic West Bassac River, this five-star establishment features 303 exquisitely designed rooms, offering unrivalled comfort and sophistication. The hotel held its temporary inauguration on 15 December […]

SHV Province Enhances Safety with 433 Security Cameras Across 533 Strategic Locations

In a major stride towards improving public safety, Preah Sihanouk Province has successfully installed 433 new security cameras across key strategic locations. This advanced surveillance network, which includes 533 monitoring points throughout Sihanoukville, was unveiled during a press conference led by His Excellency Mang Sineth, Governor of Preah Sihanouk Province, with over 60 journalists in […]

Southeast Asia’s Largest Solar Projects Lead Global Renewable Energy Growth

Southeast Asia continues to lead the renewable energy charge with landmark solar projects across Vietnam, Indonesia, and Thailand, showcasing the region’s commitment to sustainable development. With ASEAN member states targeting 35% renewable energy capacity by 2025, the region currently boasts 28 GW of utility-scale solar and wind power, contributing 9% to its total electricity capacity, […]

Funan Techo Canal Completes 142 demarcation points, Sets Stage for Transformative Infrastructure Shortly

In a landmark achievement for Cambodia’s infrastructure development, the inter-ministerial technical working group has successfully completed the boundary posting process for the first 21 kilometres of the Funan Techo Canal. This initial section, stretching from Prek Takeo to Prek Po, has reached 100% completion, with 142 demarcation points now established along the route. This milestone […]