Hongkong Land Landmark Building Launches New Name

After breaking ground in September 2013, Hongkong Land’s landmark tower was appointed the official name EXCHANGE SQUARE in February 2015.

The EXCHANGE SQUARE is located in the centre of Phnom Penh’s emerging financial district, where parks, major boulevards, government ministries, and the original French colonial administrative centre are in close proximity which allows tenants to conveniently access to the city’s main districts and most popular attractions, according to a press release from Hongkong Land on 17 February.

Having completed excavation in October 2014, the project has progressed to finalizing the foundation works, which is being overseen by Korean headquartered POSCO E&C. Currently laying basement concrete floor slab, the next phase of superstructure construction is expected take place in Q2 2015. The $100 million mixed-use development is expected to complete in Q4 2016 with a Grand Opening soon after.

The initial phase of EXCHANGE SQUARE will include a Grade-A office tower with 17,000 sqm of office space over 16 levels, and 13,000 sqm of retail space over a four-level podium. The project will include some 650 car and motorcycle parking spaces.

Upon completion, EXCHANGE SQUARE will be a new landmark for the city and a catalyst for increasing business and retail activities in the area. Hongkong Land, which is highly regarded for its quality of construction, property management and client service in the region, will apply the same industry-leading standards and skills to EXCHANGE SQUARE.

“We are proud to be developing EXCHANGE SQUARE, a Grade-A commercial project in this rapidly emerging city. We aim to replicate the same level of service and quality in Phnom Penh as we provide elsewhere, including Marina Bay Financial Centre in Singapore and World Trade Centre in Jakarta,” said Mr. Robert Garman, Executive Director at Hongkong Land.

A member of the Jardine Matheson Group, Hongkong Land is one of Asia’s leading property investment, management and development groups and was founded in 1889. The group owns and manages almost 800,000 sqm of prime office and luxury retail property in key Asian cities, principally in Hong Kong and Singapore.

In Cambodia, besides Central Mansions serviced apartment with 101 rooms and five penthouses and the EXCHANGE SQUARE development, the group has a 1,600 sqm plot of land on the Phnom Penh riverside, between Wat Ounalom and Tonle Sap River that will be home to its future property development.

- Video Advertisement -

Related Post

China and Australia are set to expand their investment in agriculture in Kampong Thom Province

  In a promising development for the agricultural sector, Chinese and Australian investors are set to expand their investments in Kampong Thom province, Cambodia. This exciting announcement was made during a pivotal meeting on May 27, 2025, between Mr. Nuon Pharath, the Governor of the Kampong Thom Provincial Council, and representatives from both countries. The […]

CDC generated 5.7 billion Riels in revenue through digital technology over a nine-month period

From August 2024 to April 2025, the Council for the Development of Cambodia (CDC) collected 5.7 billion riels, which accounts for approximately 35% of its total public service revenue, utilizing digital technology. This was announced during the signing ceremony of a Memorandum of Understanding between the CDC and ACLEDA Bank Plc on May 20, 2025. […]

Cambodia Welcomes 12 New Investment Projects Boosting Industry and Energy Sectors

Cambodia is set to enhance its economic landscape with the approval of 12 new investment projects, collectively valued at USD155 million, specifically targeting the industry and energy sectors. This significant development was confirmed during a one-stop meeting chaired by His Excellency Chea Vuthy, Secretary-General of the Committee for Investment of Cambodia. These projects are not […]

School Aid Japan Commits to Build 20 School Buildings Annually in Cambodia

In a significant step towards enhancing educational infrastructure in Cambodia, School Aid Japan has announced its commitment to construct 20 new school buildings each year. This initiative will primarily benefit Cambodian orphans, ensuring they have access to quality education. The announcement was made by MIKI Watanabe, the Director General of School Aid Japan, during a […]

Canada Explores Investment Opportunities in Cambodia’s Public Works and Transport Sector

  A Canadian trade mission has recently arrived in Cambodia to explore potential investment opportunities in the nation’s public works and transport sector. This initiative aims to foster collaboration between the two countries, enhancing infrastructure development in Cambodia. On May 29, 2025, His Excellency Peng Po Nea, the Minister of Public Works and Transport, met […]

Germany and Cambodia Strengthen Ties to Enhance Infrastructure Development

  In a significant step forward for Cambodia’s industrial growth and international trade, Germany has reaffirmed its commitment to supporting the development of quality infrastructure in the country. This commitment was highlighted during a meeting between HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, and a delegation from the German National Institute for […]