The Palm introduces a new residential lifestyle

• 8 September 2017
• Local News
• 687 Views

Oxley Worldbridge has announced that sales are soon to commence on their latest residential project called The Palm.

In a departure from the high-rise downtown condo towers which have characterised the previous two joint ventures between WorldBridge Land and Oxley, The Palm is a large scale luxury villa development located on National Road 1.

Situated on a 3.6 hectare site in Chbar Ambov district, the USD110 million project will feature more than 200 villas with prices starting at a relatively high USD300, 000. Construction began in July 2017.

The design brief for The Palm is to give a sense of resort-style living with an artificial beach planned to emphasise the motif.

A joint venture with Singapore’s Oxley Holdings, the Cambodia project is modelled on the Palms that were developed in Qatar and Singapore. “When Cambodian people who are able to buy condominiums, they also buy a lifestyle for their comfortable living,” said developer Sear Rithy.

Development of a further large-scale luxury residential complex indicates continued confidence in the purchasing power at the top end of the market.