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Old July 15th, 2010, 02:19 AM   #2161
khmer_angkor
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Thanks SeeMacau for all the update and photo thanks for making cambodia forum possible may GOD bless you
I really love that Chroy Changva project im hoping they will start on it soon
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Old July 15th, 2010, 04:12 PM   #2162
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Thanks everyone !!

This project will definitely go ahead if the 2008 financial crisis didnt happen
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Old July 15th, 2010, 04:15 PM   #2163
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Quote:
Originally Posted by bokator View Post
That must be a lot of work for you SeeMacau ! Thanks !
Scanning + Editing + typing all the words = 2 hours

That was fine because I did all these at night
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Old July 15th, 2010, 08:04 PM   #2164
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Thanks everyone !!

This project will definitely go ahead if the 2008 financial crisis didnt happen
If that Chrouy Changvar project goes ahead we will see alot of tall buildings lolz! Do you have any information about Vattanac Tower and Star River?
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Old July 16th, 2010, 06:52 AM   #2165
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that great project!
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Old July 16th, 2010, 07:29 AM   #2166
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Thanks, SeeMacau for your posting!!

I will find out if the the project is finalized
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Old July 16th, 2010, 02:29 PM   #2167
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SeeMacau...based on what you saying Chroy Changva project is an old project that has never been proposed or summited to the city hall? Maybe it is just a future concept projects for the next 10-15 years from now?
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Old July 16th, 2010, 02:43 PM   #2168
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SeeMacau...based on what you saying Chroy Changva project is an old project that has never been proposed or summited to the city hall? Maybe it is just a future concept projects for the next 10-15 years from now?
You are rigth !

If this project is still alive it's suppose already summited to the city hall...then it suppose to have a big announcement.

Just remmember that no one know any proposed or project before city hall.
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Old July 16th, 2010, 04:45 PM   #2169
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Quote:
Originally Posted by Rudravarman View Post
If that Chrouy Changvar project goes ahead we will see alot of tall buildings lolz! Do you have any information about Vattanac Tower and Star River?
Vattanac Capital Tower - under construction, cannot see what is going on inside because the fence is too high.

Star River - I'll go there and see how it progress, no updates in their website
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Old July 16th, 2010, 04:47 PM   #2170
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SeeMacau...based on what you saying Chroy Changva project is an old project that has never been proposed or summited to the city hall? Maybe it is just a future concept projects for the next 10-15 years from now?
This is not a future concept project. But construction was postponed because of the financial crisis. Eveything was almost settled and it is up to the developer decisions when to start off this project.

The first thing developer need to do is land reclamation.

Any investors or developers interested in this project??
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Old July 16th, 2010, 04:49 PM   #2171
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Quote:
Originally Posted by MYPHNOMPENH View Post
You are rigth !

If this project is still alive it's suppose already summited to the city hall...then it suppose to have a big announcement.

Just remmember that no one know any proposed or project before city hall.
I agree with you, there should be an announcement fo this project
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Old July 16th, 2010, 05:06 PM   #2172
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Bad news

Office rental prices decline as supply exceeds demand

A man rides past the Icon Professional Centre on Norodom Boulevard in Phnom Penh yesterday. Though Icon has seen occupancy rise, many property managers are cutting rent rates this quarter.


Friday, 16 July 2010 15:01
Soeun Say

SUPPLY of office space continues to outstrip demand in Phnom Penh, putting pressure on already squeezed rental prices, with rates down 25 percent in the second quarter, compared to the same of period last year, an official said.

Keuk Narin, secretary of the National Valuers Association of Cambodia and general manager of Bonna Realty Group, said yesterday that increasing office space for rent in Phnom Penh was forcing a cut in rental prices.

A quarter-on-quarter comparison of rental rates showed that 2010 second quarter prices fell 2 percent from the first three months of the year, when rates were already 10 percent lower than the 2009’s fourth quarter.

A year-on-year comparison shows office rent is between 20 percent and 25 percent lower than in the second quarter of 2009.

“This year the supply of office space for rent has increased 15 percent – much more than the demand – and I think that has pushed prices still lower this year,” he said.

The valuers association estimated that monthly rent for A-grade office space ranged between US$20 to $30 per square metre, down from first quarter rates of $25 to $35. The average occupancy rate for the first six months of this year was around 50 to 60 percent. Rental rates in B-grade offices now ranges from $8 to $12 per square metre, down from $10 to $15, with an average occupancy of about 66 percent.

Chheang Meng, general manager for Phnom Penh’s Bayon Building Center said he had slashed his asking price for office space from $17 per square metre to $12 – but buyers wanted it even lower. “Many people are looking for office space, but they need cheaper prices, and we cannot offer it to them,” he said

However, some sites have managed to increase their market share despite the slackening demand.

NVAC figures show that Icon Professional Centre on Norodom Boulevard increased its occupancy from 30 percent to 50 percent quarter-on-quarter, while Canadia Tower increased from 20 percent to 35 percent.

“It is a good sign for Canadia Tower and Icon Professional Center,” Keuk Narin said.

CB Richard Ellis (CBRE) Cambodia predicted earlier this year that office supply in Phnom Penh could reach as much as 200,000 square metres by 2013, almost double the current space, if the majority of office stock slated for development was completed.
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Old July 17th, 2010, 05:15 AM   #2173
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[IMBridging the gap
THURSDAY, 15 JULY 2010 15:00 MAY TITTHARA


Photo by: Pha Lina

Workers connect two pieces of the Prek Phnov bridge in Kandal province’s Ponhea Leu district yesterday. Phnom Penh Deputy Governor Nuon Sameth was to meet yesterday with Cambodian People’s Party Senator Ly Yong Phat, who financed the project, over the collection of toll fees.


Last edited by YSovann; July 17th, 2010 at 05:22 AM.
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Old July 17th, 2010, 05:19 AM   #2174
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I like the show room of CamCo City very much

Last edited by YSovann; July 17th, 2010 at 05:25 AM.
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Old July 17th, 2010, 04:21 PM   #2175
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Prek Phnov bridge in Kandal province - Ponhea Leu district
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Old July 17th, 2010, 04:25 PM   #2176
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Quote:
Originally Posted by YSovann View Post
I like the show room of CamCo City very much
Unfortunately they won't allow us to take any photos ..
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Old July 17th, 2010, 06:14 PM   #2177
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Quote:
Originally Posted by MYPHNOMPENH View Post
You are rigth !

If this project is still alive it's suppose already summited to the city hall...then it suppose to have a big announcement.

Just remmember that no one know any proposed or project before city hall.
Maybe, just the concept, i never here about this project too. some projects in Cambodia are like imagine.
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Old July 17th, 2010, 06:17 PM   #2178
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Quote:
Originally Posted by SeeMacau View Post
Unfortunately they won't allow us to take any photos ..
if the show room are best they will allow you to take photo, but i think the room designing are not very nice.
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Old July 18th, 2010, 04:51 AM   #2179
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http://www.equitycam.tv/index.php?op...mid=91&lang=en
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Old July 18th, 2010, 12:35 PM   #2180
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Quote:
Originally Posted by yangkhm View Post
if the show room are best they will allow you to take photo, but i think the room designing are not very nice.
Quote:
Originally Posted by YSovann View Post
I like the show room of CamCo City very much
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