Prince Begins Construction of Major Project in Sihanoukville

 

Sample photo

Construction officially began over the weekend on a major development project in Sihanoukville Province by Prince Real Estate Group.

According to a post on Prince’s Facebook’s page construction began on the 16.3-hectare Prince City Center development project. The project, which covers a total construction area of 700,000 square metres is approximately 800 metres from the twin lions roundabout close to the Serendipity Beach area.

Prince City Center is divided into three phases with the first stage is the development of Prince Smart Garden with a total construction area of 80,000 square metres comprising of three condominium complexes along with a modern living centre. The project is expected to be complete and delivered to customers in October 2019.

Meanwhile, for the second phase, the company will build a commercial centre and the largest hospital in the city, while the third phase will consist of apartments, villas, commercial complexes and other facilities and amenities.

According to Prince Real Estate Group, the Prince City Center development will provide the latest and most comfortable living experiences for its residents as well as tourists.

- Video Advertisement -

Related Post

SchneiTec Dynamic lists green bond mobilizing USD 50 million for green energy development

SchneiTec Dynamic Co., Ltd has listed a green bond on the Cambodia Securities Exchange (CSX), mobilizing USD 50 million for its green energy development project in Cambodia. The Official Green Bond Listing Ceremony was held on April 11, 2025, at the Cambodia Securities Exchange. During the ceremony, HE Sou Socheat, a Delegate of the Government […]

Four Major Companies Plan to Further Investment in Cambodia’s Automotive and Electronics Sectors

Four prominent automotive and electronics companies are gearing up to expand their investments in Cambodia, aiming to bolster the nation’s economy. This commitment was announced during a recent study visit by HE Chea Socheat, Deputy Director of the Cabinet of the Council for the Development of Cambodia, on March 31, 2025. During the visit, HE […]

Smart Eden Expands Cambodian Product Exports to France

In a significant development for Cambodia’s export market, Smart Eden has announced plans to expand the export of Cambodian products to France, bolstered by a robust distribution network of over 6,000 locations across the country. This major announcement was made during a meeting with HE Hem Vandy, Minister of Industry, Science, Technology and Innovation, and […]

Cambodia’s Star Casino Asset at Centre of Donaco’s USD 55.6 Million Takeover by On Nut Road

Donaco International’s flagship Cambodian asset, the Star Vegas casino and hotel complex in Poipet, is now at the heart of a USD 55.6 million acquisition deal by On Nut Road, a Hong Kong-based special purpose vehicle managed by Argyle Street Management. As part of the takeover, shareholders will receive USD 0.045 in cash per Donaco […]

IKEA Explores Expansion into the Cambodian Market

Swedish furniture giant IKEA is setting its sights on Cambodia as a potential market for expansion. During a recent meeting, HE Chea Wutthy, Secretary General of the Investment Committee of Cambodia, welcomed an IKEA delegation led by Mr. Giafar Safaverdi, CEO of IKEA Southeast Asia, to discuss investment opportunities in the region. In the meeting, […]

Cambodia’s Trade Surges to USD 9.44 Billion in Early 2025

In a promising start to the year, Cambodia’s international trade volume soared to approximately USD 9.44 billion during the first two months of 2025, marking a remarkable 16.3% increase compared to the same period in 2024, according to a recent report from the General Department of Customs and Excise of Cambodia. Export activities also showed […]