Premier Land Sen Sok Phase Ii 90 Percent Sold Out

The Premier Land Sen Sok Avenue development has seen 90 percent of Phase II already sold following the swift selling out Phase I even before the ground breaking ceremony in January.

With an investment value of approximately USD92 million by L.Y.P group, the current project consists of two phases building a total of 271 shop houses. Each shop house is 4-storeys high, 4 metres wide and 23 metres long. Each of the multi-purpose buildings can be used as a residence, home office, restaurant, store or coffee shop.

“The location is the unique selling point of this project. Located in the high potential area of Sen Sok, the Premier Land is surrounded by many big projects such as the second Aeon mall, Makro, the giant construction materials supplier Global House, as well as the upcoming Sen Sok Convention and Exhibition Center,” said the Project Manager Mean Samol.

“These factors will make the Premier Land become a new business district in Phnom Penh city. Currently, the whole of phase one is sold out, while phase two is more than 90 percent sold,” he added.

Following the ground breaking ceremony in January, the project is slated to finish construction by the first quarter of 2019.

“As we have seen the good feedback from the first two phases, L.Y.P is also planning to invest in the third and fourth phases as well as several other projects in the area in the near future as well,” said Mr Samol.

https://www.facebook.com/thepremierland/videos/915001301980182/

- Video Advertisement -

Related Post

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 […]

Kambol District Celebrates the Launch of USD 1.4 Million Boeung Thom Water Treatment Plant

In a transformative move to improve access to clean water for Phnom Penh residents, the Cambodian government has inaugurated the Boeung Thom Water Treatment Plant, a USD 1.4 million investment aimed at serving over 3,000 families in the Kambol District. The inauguration ceremony, held on 16 December 2024, was officiated by HE Hem Vandy, Minister […]

Groundbreaking Ceremony for Mekong Key City in Areyaksat Marks a New Era in Cambodian Urban Development

The Cambodian government has officially commenced construction on the ambitious Mekong Key City project, a transformative satellite city spanning over 200 hectares along the eastern bank of the Mekong River. The groundbreaking ceremony, held on 17 December 2024 and presided over by PM Hun Manet, signals the start of a development poised to redefine the […]

Fifty Korean Companies to Invest in Cambodia’s Priority Sectors, Boosting Bilateral Economic Ties

In a landmark development for Cambodia’s economic landscape, fifty companies from the Korean Industrial Confederation (KIAF) have expressed their intention to invest in the country’s priority sectors. This announcement followed a high-level meeting between Cambodian PM Hun Manet and KIAF chairman Marn-Ki Jeong, held on 13 December 2024. The visit was part of a broader […]

Sihanoukville Attracts USD 487 Million in Investment with 48 New Projects

Sihanoukville’s economic transformation is gaining momentum with the Cambodian government approving 48 new investment projects worth USD 487 million. These initiatives, announced by the Investment Promotion Working Group on 3 December 2024, are set to receive special incentives to stimulate local economic growth and business development. The projects comprise 16 initiatives aimed at repurposing stalled […]

Phnom Penh’s New University of Health Sciences Hospital: A Vision for Modern Healthcare Begins Construction

In a landmark development for Cambodia’s healthcare sector, the construction of the University of Health Sciences Hospital has officially commenced, backed by a substantial USD 67 million loan from South Korea. The groundbreaking ceremony, led by PM Hun Manet on 10 December 2024, marks a pivotal moment in enhancing medical services within the nation. Strategically located along the scenic Phnom […]