daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > World Development News Forums > City/Metro Compilations

City/Metro Compilations Help report active highrise/urban developments occurring in your city to the global SSC community.



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old June 14th, 2010, 04:01 PM   #2001
camtv03
camtv03
 
Join Date: Feb 2009
Location: Cleveland
Posts: 293
Likes (Received): 6

Thanks SeeMacau for all of these great building pictures. Can't wait to see all of these finished.
camtv03 no está en línea   Reply With Quote

Sponsored Links
Old June 14th, 2010, 05:38 PM   #2002
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Quote:
Originally Posted by AsianDragons View Post
Is Amarapura the builder, it sounds India, I know there is a city in Burma called Amarapura but it cant' be from there.
Quote from The Royal Tower Ltd

''Amarapura Properties was establised by MAP (Architects and Planners Hong Kong Ltd), and has completed a number of projects as developers, (designers and builders), in Hong Kong and Thailand.''
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 14th, 2010, 11:35 PM   #2003
MYPHNOMPENH
MBRkhmer
 
MYPHNOMPENH's Avatar
 
Join Date: May 2010
Posts: 1,254
Likes (Received): 29

Quote:
Originally Posted by SeeMacau View Post
You're welcome !! Pharos Housing Complex is one very good example
So, What is going on with Pharos housing complex ?
Or this project still sleeping ??
Or already dead ???

Thanks for nice photos.
MYPHNOMPENH no está en línea   Reply With Quote
Old June 15th, 2010, 04:56 AM   #2004
KDean
Registered User
 
Join Date: Mar 2010
Posts: 151
Likes (Received): 0

God bless all of you!
Thanks SeeMacau and Rachna for your photos and infor.
PP will be the pearl city.
KDean no está en línea   Reply With Quote
Old June 15th, 2010, 05:43 AM   #2005
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Quote:
Originally Posted by MYPHNOMPENH View Post
So, What is going on with Pharos housing complex ?
Or this project still sleeping ??
Or already dead ???

Thanks for nice photos.
Sorry, I dont mean Pharos Housing Complex, but Sokha Phnom Penh Resort Development. I always mix up with these two

This project was on hold before, construction only resume recently

2010/6/10
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 15th, 2010, 01:16 PM   #2006
MYPHNOMPENH
MBRkhmer
 
MYPHNOMPENH's Avatar
 
Join Date: May 2010
Posts: 1,254
Likes (Received): 29

Thanks SeeMacau!

I asked because Pharos H C is my interested project, and I really wish this project wake up soon!

What I knew is a lot of rich Cambodian are still keep studying the world economy, but in one day everything will be ok,

For me if I'm a rich man I will invest some real estate now because this's a good time and I believe that the price will up again early 2011.

Last edited by MYPHNOMPENH; June 15th, 2010 at 01:53 PM.
MYPHNOMPENH no está en línea   Reply With Quote
Old June 17th, 2010, 01:30 PM   #2007
YSovann
Registered User
 
Join Date: Jan 2010
Posts: 184
Likes (Received): 2

I have another huge project at the Chroy Changva. I will give you SeeMacau.

Thanks!!!!!!!!!!!
YSovann no está en línea   Reply With Quote
Old June 17th, 2010, 07:19 PM   #2008
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Thanks very much YSovann !!

You are indeed one of our forum biggest contributor
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 17th, 2010, 07:22 PM   #2009
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Property law changes in pipeline

Thursday, 17 June 2010 15:03
Soeun Say

THE government is set allow foreign citizens to own up to 80 percent of private units in co-owned buildings as part of a new sub-decree due to be approved within the next month, an official from the Land Ministry said Wednesday.

“In one week or a month’s time, the government will approve a sub-decree for an 80 [percent] limit for property that a foreigner can own,” Nun Pheany, spokeswoman for the Ministry of Land Management, Urban Planning and Construction, told the Post.

The sub-decree is linked to the foreign property ownership law, which was passed earlier this year, she said. The law permits foreigners to own property above the ground floor of a building that is not within 30 kilometres of a border.

Despite early drafts of the law stipulating that foreigners would be able to own only 49 percent of a complex, the final law passed left the exact proportion open-ended, stating: “A sub-decree shall determine the proportion and percentage of private units that can be owned by foreigners.”

A sub-decree is generally considered easier than a law to review.

Nun Pheany said that the sub-decree is awaiting approval by the Council of Ministers. Council spokesman Phay Siphan could not be reached for comment on Wednesday.

Sung Bonna, president and chief executive officer of the Bonna Realty Group, welcomed the move on Wednesday.

He said that setting a cap on foreigner ownership would take some of the uncertainty out of investing in the Kingdom’s property market.

He added that although the Cambodian real estate market has yet to recover from the fallout of the global economic crisis, there are positive signs for recovery in the Kingdom’s urban centres.

He added that so far this year, the number of real estate transactions is on the rise – which he believes is a positive sign for the industry.
“Now, it’s good time to buy and sell property in any town in Cambodia,” he said.

The foreign property ownership law is intended to “guarantee to protect rights of legal holders in apartments or condominiums for co-ownership. It also will facilitate management work of co-ownership of apartments and co-owners who live in the apartments or condominiums”.

The law has nine chapters and 24 articles and covers all types of apartments and condominiums across the country.
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 18th, 2010, 11:35 AM   #2010
Rachna
Registered User
 
Rachna's Avatar
 
Join Date: Dec 2009
Posts: 133
Likes (Received): 1

my eyes have no food to eat sos!
Rachna no está en línea   Reply With Quote
Old June 18th, 2010, 12:16 PM   #2011
MYPHNOMPENH
MBRkhmer
 
MYPHNOMPENH's Avatar
 
Join Date: May 2010
Posts: 1,254
Likes (Received): 29

Real estate boost predicted
FRIDAY, 18 JUNE 2010 15:01 CATHERINE JAMES AND SOEUN SAY

Analysts say property law sub-decree would boost foreign investment potential

Photo by: Sovan Philong
Construction work on apartments on Sisowath Quay, Phnom Penh, continues Wednesday.

Developers have welcomed a government move towards allowing foreign property ownership in private units to be up to 80 percent of a building, with stakeholders applauding it as a sign that Cambodia is opening up to more investment.

The government is considering a sub-decree on the foreign property ownership law to clarify the percentage of a building that can be privately owned by a foreigner, the Land Ministry said Wednesday. Previously the law had no limit, and it was not clear what the allowances were.

Reactions among key players in the property market and investment experts, interviewed by the Post on Thursday, were largely positive. Many predicted that the sub-decree would boost Cambodia’s market potential; however, some are uncertain of the time frame for change.

Douglas Clayton, chief executive officer of fund manager Leopard Capital, which has a US$1.5 million investment in residential housing in Siem
Reap, said the sub-decree would be a positive indication the government was opening to foreign direct investment.

“This will obviously be very favourable news if they pass this sub-decree,” he said.

Although he did not expect immediate results, at least not in cities such as Phnom Penh and Siem Reap, he pointed to Cambodia’s coastline as an area of potential growth.

“I’m not sure it would immediately stimulate the foreign property market – at the moment there’s not as much interest because of the global financial crisis,” he said.

“I think what we’ll see is the demand for property along the coast will increase. Foreigners tend to want to have a place more for the holidays, so I think that’s where you’ll see more developers targeting.”

Matthew Rendall, partner at law firm Sciaroni & Associates, said there is definitely a market for foreign ownership – “we get enquiries about that all the time” – but that just how big the market is, or could become, isn’t clear.

He said that demand from developers would probably increase as their sales scope went from being concentrated in Cambodia to global in nature.

“The higher the government makes the level of foreign ownership, the better it is for the property market generally because it increases the customer base,” he said.

Daniel Parkes, country manager for Cambodia at global property firm CB Richard Ellis, agreed. He said an 80 percent limit would help expand the market, opening it up to new foreign investment, which he deemed “very important” to the sector.

However, he said that only “time would tell” how it would affect the property market in terms of levels of both construction and development.
“This doesn’t give all the answers, but it is a good step along the way,” he added.

Commentators, however, said that some points remained to be clarified in the sub-decree to prevent a “dual economy” within a single apartment block.

“The idea 100 percent cannot be sold to foreigners will be a factor developers take into consideration when they design these apartments. If x amount can be sold to Cambodian’s only and the rest to foreigners, it would potentially create two different pricing structures,” Rendall said.

He said details of whether the 80 percent refers to the number of units or floor space could also have similar design ramifications.

But he played down fears that a broader customer base could inflate housing prices to the detriment of local Cambodians, saying there will always be a market for different levels of income.

Among property developers, the reaction was overwhelmingly positive.

Un Mouy, sales and marketing manager for Tow Town Co, a Taiwanese developer behind Bali Resort housing development project, said it has already seen a jump in demand from foreigners following the foreign property law’s introduction earlier this year and expects the sub-decree to drive demand.

“It is good news for us to build more apartments and condominiums to sell,” she said.

She said the company is preparing documents to ask permission for the Ministry of Land Management to build another apartment to meet client demand.

Kheng Ser, assistant to South Korean developer World City’s vice president, said the move would attract more investors as property opportunities opened up.

“I think it’s a good idea to allow up to 80 percent of units to be owned by foreigners,” he said. He added that his company had also sold the vast majority of condos at its $2 billion development in Camko City.

Foreigners “will come more and more to invest and live in our country because they can own property here,” he added.

According to the Ministry of Land Management, the sub-decree is awaiting approval from the Council of Ministers and is set to be passed within
the next month. ADDITIONAL REPORTING BY ELLIE DYE
MYPHNOMPENH no está en línea   Reply With Quote
Old June 18th, 2010, 06:54 PM   #2012
yangkhm
Registered User
 
yangkhm's Avatar
 
Join Date: Jul 2009
Posts: 920
Likes (Received): 172

Thanks for News.
__________________
Peace in your mind, Peace in the world!
http://www.pelnee.blogspot.com

Romantic Music
yangkhm no está en línea   Reply With Quote
Old June 19th, 2010, 05:44 AM   #2013
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Two more sites are being fenced off. Demolition can be scheduled soon and we may expected to see some high-rise popping up

1) Samdech Pan (about 50 meters from the Golden Tower 42 sales office)
2) Monivong Road (few blocks away from the Phnom Penh Tower)
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 19th, 2010, 05:48 AM   #2014
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

I support the idea of amendments in the foreign property ownership law. This law will bring a lot more choices to foreigners who want to invest, or having their holiday homes in Cambodia.
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.

Last edited by SeeMacau; June 19th, 2010 at 06:00 AM.
SeeMacau no está en línea   Reply With Quote
Old June 19th, 2010, 06:01 AM   #2015
Rudravarman
BANNED
 
Join Date: Aug 2009
Location: Providence
Posts: 511
Likes (Received): 5

the developer is right! The coastline is the best potential to build condos and high rise! Take for example Cambodia's Koh Kong province! I mean who doesn't want to live there lolz! It's freaking beautiful! They got the largest Intact mountainous rain forest in South East Asia!
Rudravarman no está en línea   Reply With Quote
Old June 22nd, 2010, 05:08 AM   #2016
camtv03
camtv03
 
Join Date: Feb 2009
Location: Cleveland
Posts: 293
Likes (Received): 6

KOH Puos investment group to develop tourism centre in Cambodia.
Tuesday, 22nd June 2010
Source : HVS International

KOH Puos Investment Group (KPIG), funded by a group of Russian investors, will invest more than US$1 billion to develop a tourism and residential centre on a southern Cambodian island.

Located off the coast of Sihanoukville, this mixed-use development will occupy the 120-hectare Koh Puos Island.

The mixed-use development, featuring hotels, a casino complex, sports facilities, luxury residential villas and apartment buildings, and extensive leisure attractions, will be carried out in phases throughout 2016.
camtv03 no está en línea   Reply With Quote
Old June 22nd, 2010, 06:34 AM   #2017
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764



Sand Beach Area, with the gross area making 5.38 hectares, is comprised of 24 bungalow-on-water with transparent sun-lounge floors and various structures to provide with relaxation on beach as well;

Coastal Activities Zone, with the gross area making 9.98 hectares, is comprised of the first line hotels in redeveloped area with hardscape elements, economy-class bungalow, playing grounds and small restaurants and bars;

Public Area, with the gross area making 10.66 hectares, is comprised of the second line hotels, buildings of social and recreational designation (disco, cinema and concert hall), museum of the national culture and pagoda.

High-Rise Area makes 5.84 hectares. Business center, administrative building, hotel and apartments with parking lots constitute the area.

Sightseeing Platform with the Statue of Buddha makes the area of 1.03 hectares in the highest point of the island and the stop-over point for tourist groups. The Statue of Buddha, a chapel, a souvenir shop, bars and bus stop will comprise the place.

Casino Complex makes 6.28 hectares. Constituting the gates to the island this area will comprise the central square with fountains and park, casino complex with VIP hotel, restaurants and parking lots;

Shopping Area, with the gross area making 8.82 hectares, is comprised of malls and various shops, antiquarian and ethnic as of, also parking lots, domestic products and sea food market;

Residential Area, with the gross area making 10.98 hectares, will constitute housing estate with related urban infrastructure (school, health center and municipal buildings);Recreation Facilities & Park Area makes 14.87 hectares. This area is the most distant from the active part of the island with VIP villas, golf club, SPA and park comprising it;

Sport Facilities Area, with the gross area making 6.32 hectares, is comprised of a complex of sport facilities (tennis courts, arena for football and rugby), fitness center and massage cabinets;

Area of Preserved Wild Nature with Pedestrian Trails making 2.94 hectares. This area will be redeveloped from wild vegetation with preserving of valuable spices and constructing of rest areas, alleys and promenade trails and installation of local lighting for vegetation;

Residential Area in Preserved Wild Nature making 15.3 hectares. The excess of 130 private bungalow and villas shall be constructed in the area upon redevelopment of jungles from weed trees;

Preserved Wild Nature Area making 17.89 hectares. It is envisaged to keep this territory virgin.

Place on the mainland coast for connection with Koh Puos island (adjacent to the bridge). A complex comprising gas station, shops, parking lots and bridgework service buildings shall be located here.
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 22nd, 2010, 06:37 AM   #2018
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Phnom Penh International University New Campus

7th floor

2010/6/22
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 22nd, 2010, 06:39 AM   #2019
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Phnom Penh Tower

Rising up !!

2010/6/22
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote
Old June 22nd, 2010, 06:39 AM   #2020
SeeMacau
Moderator
 
SeeMacau's Avatar
 
Join Date: Sep 2002
Posts: 27,727
Likes (Received): 1764

Gold Tower

23rd to 25th floor

2010/6/22
__________________
Experience luxury and excitement at its best in Asia - Macau Cotai Strip
Over 20 hotels under construction with more than 60,000 rooms, Shopping Centers, Entertainment Facilities and Casinos.
SeeMacau no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 03:27 AM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu