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HLH Group Selling Hotel in D’seaview Project in Sihanuokville for Usd 15.7mn
D’Seaview HLH Group, a large Singaporean real estate developer, is selling the 98-room hotel in its D'Seaview project in Sihanoukville for USD 15.7 million, according to The Straits Times. The hotel is part the project named D'Seaview, which is HLH Group’s first freehold mixed-use development in Cambodia and features 737 residential units and 67 commercial units. The group also holds the lan...
Read MoreBattambang – Banteay Meanchey Road to Expand to Four Lanes in 2020
Prime Minister Samdech Hun Sen this morning presided over the ground breaking ceremony for the project improving 84.74km of National Road No. 5 between Battambang and Serey Sophorn funded through a USD185 million loan from the government of Japan. The project will upgrade this section of road section to Asphalt Concrete and expand it to 23 metres wide from two lanes to four lanes. In addition, ...
Read MoreBorey Peng Huot Group Invests Usd60 Mn in Another Mall South of Phnom Penh
PH Diamond Place Mall PH Diamond Place Mall, another shopping mall by Borey Peng Huot Group, has begun construction following the ground breaking ceremony on the weekend of 24 March presided over by H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction together with the Borey Peng Huot Group management team. Located south of Phnom Penh along Hun Sen ...
Read MoreCis Koh Pich Campus Breaks Ground on Usd20 Million Expansion
General Director OCIC Group Neak Oknha Pung Kheav Se yesterday presided over the ground breaking ceremony for the construction of the Phase 2 expansion of the Canadian International School in Diamond Island. After completion in the next 18 months, the school will cover more than three hectares of land and feature a new CIS secondary school from grades 7-12, swimming pool, running track, Black B...
Read MoreKampong Thom-kampong Chhnang Bypass to Officially Open on April
Bypass road No. 50C The bypass road No. 50C connecting the provinces of Kampong Thom and Kampong Chhnang is currently 85 percent complete and is scheduled to officially open for public use by this coming Khmer New Year to help improve transportation links between the two provinces. Road No. 50C is a 53km gravel road connecting Sroyov sub-district, Steung Saen district of Kampong Thom Provinc...
Read More17 Condos in Total of 13,000 Units to Rise in Phnom Penh This Year
According the report by CBRE Cambodia, at least 17 condominiums or about 13,000 units are expected to complete the construction and to open for service in Phnom Penh within this year. Those 17 condos are Prince Central Plaza (918 units), One Park Residence ( 1,636 units), One 18 Residence (705 units), Star City (1,697 units), D.I. Riviera A&B (705 units), TK Royal One (143 units), Bodaiju R...
Read MoreUpdate: the Usd 150mn Royal One to Break Ground on September
OTK Royal One Co., Ltd. of the Royal Group has just signed a partnership agreement with Chinese construction company Huashi Group to invest USD150 million to build the 62-storey building The Royal One. The agreement was signed by president of OTK Royal One Oknha Kith Thieng, and, vice president of Huasi Group Wan Xiao Lin on 11 March at the Hotel Cambodiana. According to Oknha Kith Thieng, cons...
Read MoreHyatt Regency Phnom Penh Project 38 Percent Complete
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...
Read MoreSeven Malls to Rise in Phnom Penh This Year
In response to the high demand, seven shopping malls are now under construction and expected to rise across Phnom Penh in 2018, with several more to come by 2019, according to research by CBRE Cambodia. The seven malls are divided into three categories including community malls, shopping malls, and retail podiums: -Aeon Mall 2 shopping mall in Sen Sok (70,500sqm) -Midtown Mall community mal...
Read MoreThai Boon Roong Twin Towers Break Ground on First Phase
Thai Boon Roong Twin Tower The management team of 133-storey Thai Boon Roong Twin Tower World Trade Center project on 19 March presided over the ground breaking ceremony of the first phase of construction. According to a co-architect of the project Tous Saphoeun, this was the ground breaking ceremony of the underground structure construction and building wall to prevent landslides. “As th...
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