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ខ្មែរ Projects Development
Premier Land Sen Sok Phase Ii 90 Percent Sold Out
- 30 March 2018
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 ...
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L.Y.P. Invests Usd10 Million in Sen Sok Convention and Exhibition Centre
- 28 March 2018
Sen Sok Convention and Exhibition Center L.Y.P group is scheduled to finish the construction and open a new Convention and Exhibition Centre by the end of this year in Sen Sok district following the popularity of similar facilities on Diamond Island. Located in front of Aeon Mall II, this convention and exhibition centre is being built on more than five hectares of land with a total of seven...
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Fortune Tower Tops Out With 70 Percent of Units Sold
- 27 March 2018
The Olympia City management team held a topping out event last week to announce the completion of the Fortune Tower (C7) building. “This topping out completes the building construction. However, the interior has yet to be completed. We are working hard to make the project fully complete and ready to move in by 2019,” said Planning Manager Jang Hong Suk. “At this stage, C7 has been 70 percent...
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Hyatt Regency Phnom Penh Project 38 Percent Complete
- 21 March 2018
Hyatt Regency Phnom Penh. Source: Chip Mong Group Construction of the five-star Hyatt Regency hotel in downtown Phnom Penh is currently 38 percent completed and is on schedule to open by 2020. “At this stage, everything is going well following the schedule. We expect the construction to finish on time,” Mr Ken Nhan, Director of New Business Development of Chip Mong Group Co., Ltd. told the C...
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Capitaland to Manage Mall in the Peak
- 21 March 2018
CapitaLand , one of Asia's largest real estate companies based in Singapore, has recently signed an agreement with local Cambodian company Worldbridge Land to manage its mall which will open in 2020. The five-storey mall will have a Gross Floor Area (GFA) excluding car park of about 40,000 square metres and a Net Lettable Area (NLA) of about 24,000 square metres. The mall is positioned as an in...
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Global Hospitality Brand Le Meridien to Set New Standards in Sihanoukville
- 14 March 2018
Marriott International has inked an agreement with The Grand Lion Group to introduce the Le Méridien brand to Cambodia’s coastal city of Sihanoukville by 2022, according to TTR Weekly. The hotel will be part of the Gold Coast at Sihanoukville project reportedly costing more than USD200 million. The first international branded property in Sihanoukville, Le Méridien will be built on 1.67 hectares...
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Mega Plan to Create Phnom Penh Central Business District
- 10 March 2018
Prince Real Estate Group is embarking on a mega plan to create a Phnom Penh Central Business District (CBD) in Chamkar Mon area, where many embassies and government offices are located. According to their Facebook page, the Central Business District (CBD) plan consists of three mix-used development projects including Prince Central Plaza, Prince Modern Plaza, and Prince Time Plaza. Prince Ce...
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Safari World Phnom Penh to Open in April
- 3 March 2018
After two years of construction, the gigantic zoo Safari World Phnom Penh by L.Y.P Group is set to open for public this upcoming April, according to Agence Kampuchea Press (AKP). Located on more than 80 hectare of land in Chrouy Changva district, Safari World Phnom Penh will become the largest zoo ever of its kind in Phnom Penh and in Cambodia, with the investment value of about USD 9 million. ...
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CVEA Plans Opening of Property Training Centre
- 28 February 2018
The Cambodian Valuers and Estate Agents Association (CVEA) is seeking commitment from investors for a new property training centre, a school to generate more highly trained human resources for the property and construction related sectors. Dr. Kim Heang, president of the Cambodian Valuers and Estate Agents Association and CEO of Khmer Real Estate Co., Ltd. recently revealed the plan and express...
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Prince Central Plaza 70 percent sold ahead of May completion
- 23 February 2018
Prince Central Plaza, a 37-storey mixed used development has seen 70 percent of units sold prior to its planned completion in May. Owned by Prince Real Estate Group, the project is located on the southern end of Norodom Boulevard and is on schedule for handover to tenants with 80 percent of construction complete. The proximity to landmarks such as Independence Monument, Aeon Mall, and many e...
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