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Old September 2nd, 2010, 04:21 PM   #2481
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555 = ha ha ha
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Old September 2nd, 2010, 04:28 PM   #2482
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Originally Posted by yangkhm View Post
That Okey, I just wonder that why he didn't say ONE of the tallest building in Asia.

Or he just say for some people who don't anything outsite Cambodia. (sorry to say that)
Or he just say for some benefit of his politic.

Just think that:
Tallest Building in the world like in Dubia. (or Dubia is not Asia country?)
How many Tall buildings are under construction in China.
Or even how many buildings are under construction in S Korea.
Outsiders don't know about skyscrapers as much as we do !!
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Old September 2nd, 2010, 04:29 PM   #2483
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wow look amazing , thanks for sharing
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Old September 2nd, 2010, 04:29 PM   #2484
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Ready to move in !!
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Old September 2nd, 2010, 04:32 PM   #2485
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Originally Posted by yangkhm View Post
And do you guys think $200 million is possible to build 555 matters of this building?

But at least it is the good news for Cambodia. and i hope it will be true.

Dennis Poon, managing principal of Thornton Tomasetti, who led the structural engineering team for the design of Taipei 101, estimated that costs for a building of this size would range from US$500 million to $900 million, depending on complexity. He said designing such a building could take a year, with another four years for construction.
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Old September 2nd, 2010, 04:41 PM   #2486
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High-rise employees strike over new shifts

Thursday, 02 September 2010 15:02
Meas Sokchea

MORE than 700 construction workers yesterday protested outside the Vattanac Capital high-rise on Monivong Boulevard after they were ordered to work overtime for what they deemed insufficient pay.

Workers at the site, where construction began last year, were previously assigned shifts running from 7am to 11am and from 1pm to 5pm, and were paid US$3.50 each day. But representative Sreng Nary said the Korean construction company in charge of the site had told the workers yesterday that they would need to work from 7am to 12pm, from 1:30pm to 6pm and then from 7pm to 11pm. He said that they were also told they would be given around 3,000 riels (about US$0.75) per day for the overtime shift.

“We cannot stand for this change,” he said.

Mear Moa, 46, a construction worker from Kampong Cham province, said the construction company had changed shift times in the past, and that the changes announced yesterday were unacceptable because “all of the workers are tired and need to take a rest”.

A man who identified himself as a representative of the construction company, and who spoke on the condition of anonymity, said yesterday that the company would stick by the changes despite the strike. “We will let the workers go if they are not happy working for us,” he said. “We will just keep the people who are satisfied with the wages we provide.”

Construction on the 38-storey tower is set to be completed in 2012.
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Old September 2nd, 2010, 04:49 PM   #2487
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Guys he said they will out 200 million on the FIRST STAGE!! That means the company will invest more into it! Do you guys know that the company Canadian Oversea is owned by Teochew people! The Teochew ethnic Chinese race is the most ambitious people in the world!
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Old September 2nd, 2010, 05:49 PM   #2488
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Thanks for news!
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Old September 2nd, 2010, 09:15 PM   #2489
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Originally Posted by Rudravarman View Post
Guys he said they will out 200 million on the FIRST STAGE!! That means the company will invest more into it! Do you guys know that the company Canadian Oversea is owned by Teochew people! The Teochew ethnic Chinese race is the most ambitious people in the world!
That's what you think.

I'm happy if this project does happen. It would be amazing for Phnom Penh, Cambodia and for Asia.
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Old September 2nd, 2010, 09:25 PM   #2490
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I don't think it's that Observation Tower because it say's it will include shopping centers, residential space, hotels, etc! I think it's actually a real Skyscraper! I think when they decided to build the 55 story skyscraper they wanted to build it Higher!



Last edited by Rudravarman; September 2nd, 2010 at 09:33 PM.
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Old September 3rd, 2010, 02:29 AM   #2491
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Cambodia boasts plans for Asia's tallest building

By SOPHENG CHEANG (AP) – 1 hour ago

PHNOM PENH, Cambodia — Impoverished Cambodia plans to build a 1,820-foot (555-meter) skyscraper, its prime minister said Wednesday, a feat that would give one of the region's least-developed capitals the tallest building in Asia.

Prime Minister Hun Sen said he had approved a master plan for the skyscraper, which would be located about half a mile (one kilometer) from the Royal Palace in Phnom Penh — a dusty city of colonial villas, slums and one standout skyscraper, the recently completed Canadia Tower that is about 377 feet (115 meters) high.

Hun Sen did not say when construction would start, how much it would cost or give any other details, except that it would be built by a Cambodian company, Overseas Cambodia Investment Corp., owned by tycoon Pung Khiav Se.

The company's project manager, Touch Samnang, said preliminary estimates suggest the building would cost $200 million, but the project was being studied by experts and government ministries. He said it would include a shopping mall, hotel, apartments and an entertainment center.

That figure is dwarfed by the sum for what is currently Asia's tallest building, the Taipei 101 in Taiwan. Rising 1,667 feet (508 meters), it cost about $1.6 billion. It had been the world's tallest since 2004 but was overtaken in January when Dubai unveiled the Burj Khalifa, which rises 2,717 feet (828 meters) from the desert.

Cambodia, whose commerce is tiny by international standards, has been experiencing a real estate bubble for the past few years, but several ambitious construction projects have been delayed or suspended.
Really?? Cool
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Old September 3rd, 2010, 06:11 AM   #2492
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Quote:
Originally Posted by Rudravarman View Post
I don't think it's that Observation Tower because it say's it will include shopping centers, residential space, hotels, etc! I think it's actually a real Skyscraper! I think when they decided to build the 55 story skyscraper they wanted to build it Higher!


Impossible with just 200 million dollar but sound more reasonable if they said first phase for that amount of money.
Phnom Penh Tower, 22 stories cost roughly 60 million dollar.
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Old September 3rd, 2010, 06:32 AM   #2493
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Hope i can see this tallest building rendering or the advertisement soon. Then everyone wont feel anxious anymore about whether or not it is a building or observation tower..
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Old September 3rd, 2010, 09:10 AM   #2494
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Quote:
Originally Posted by Rudravarman View Post
Guys he said they will out 200 million on the FIRST STAGE!! That means the company will invest more into it! Do you guys know that the company Canadian Oversea is owned by Teochew people! The Teochew ethnic Chinese race is the most ambitious people in the world!
Hey GUYS, just wondering if there are any GIRLS in this forum ??
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Old September 3rd, 2010, 01:50 PM   #2495
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Hey GUYS, just wondering if there are any GIRLS in this forum ??
No ..
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Old September 3rd, 2010, 01:59 PM   #2496
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Building news: Approvals soar in July to $76.7m

Friday, 03 September 2010 15:00 Soeun Say

Building news
THE number and value of construction projects in the Kingdom substantially increased in July, according to the Ministry of Land Management, Urban Planning and Construction.

Despite a 71 percent drop, the value of projects during the first six months, July saw the ministry approve 250 projects worth US$76.7 million, an 88.5 percent increase on the $40.7 million value of July 2009’s 180 projects.

Projects approved included a 16-storey condominium in Chamkarmorn district, Phnom Penh, a garment factory and warehouse in Dangkor district, and a development by Boeung Tumpun Economic Centre.

Lao Tip Seiha, director of the construction department of MLUC, said yesterday that the government had sought to better facilitate investment in construction and the results were clear.

He added that introducing the foreign property co-ownership law also made investors feel confident.

A sense of optimism seems to be growing in the sector, which learned yesterday that what would be the world’s second-tallest skyscraper is planned for Phnom Penh’s Diamond Island.

David Simister, chairman of CB Richard Ellis Indochina, said yesterday: “We believe that the market is now in a positive growth phase after two years of stagnation.”
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Old September 3rd, 2010, 02:06 PM   #2497
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Tower could flood market

Friday, 03 September 2010 15:00 Steve Finch


THE surprise announcement that Cambodia may construct the world’s second-tallest building may be good news for Phnom Penh’s prestige, but developer Overseas Cambodia Investment Corp would likely face a considerable financial headache in the process.

At 555 metres, although the project’s sheer scale would no doubt be its greatest draw, a building of this size in Phnom Penh could also become a victim of its huge size. Quite simply, the capital would struggle to absorb the massive increase in space for rent.

Were the building to contain the same ratio of office space as Canadia Tower, for example, at four and a half times as big it would flood the market with roughly 45,000 square metres of work space, equal to nearly 50 percent of the current total in the whole of Phnom Penh.

Although this figure is set to double to 200,000 metres by 2013, according to a 2009 report by international property firm CB Richard Ellis, this would still represent oversupply in the capital even if the tower were not completed for another five years, a realistic time frame.

It is equally difficult to see the required demand for residential or commercial space in the city to justify a building on such a scale.

The world’s tallest building, the Burj Khalifa, suffered a similar problem when it opened this year. The huge additional property it added to the already-bloated market in Dubai further entrenched a slump, albeit one caused by the unprecedented global economic crisis.

OCIC has experienced similar problems in relation to Canadia Tower which has suffered from low demand and falling prices per square
metre. The firm would of course expect the property market to be healthier than it is today, but even so, surely Phnom Penh would find it difficult to accommodate such a huge addition to the market.

The world’s four tallest structures aren’t built in Dubai, Taipei, Shanghai and Hong Kong for no good reason – these are cities with huge economies and a large projected appetite for real estate in the longer term.

Accounting for supply and demand in Phnom Penh’s still-small property market would be entirely necessary given that this private venture could cost anything up to US$1 billion, when we consider most projects on a similar scale go over budget.

An added problem in Phnom Penh is that the contractor may be building on sand on Koh Pich, an extremely young land formation that experts believe is likely to change in shape over time.

Considering foundation piling, bank protection and other construction necessities based on this proposed river bank location, the project could incur high structural and engineering costs.

As noted on the Invest in Cambodia website: “Phnom Penh is built on soft foundations which necessitate expensive piling for high-rise buildings, and so construction costs are high.”

Project Manager Touch Samnang’s consideration to bring in South Korean building expertise seems to be the norm for similarly large-scale construction projects – Burj Khalifa, Taipei 101 and the Petronas Towers in Kuala Lumpur were all built by Samsung Engineering and Construction.

Still, any firm would face the kind of structural challenges posed by the riverbanks of the Tonle Sap. Even if Phnom Penh is largely immune to other threats such as earthquakes and typhoons, that the city is equally resilient to a huge oversupply in property seems much less likely.
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Old September 3rd, 2010, 03:11 PM   #2498
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Don't worry! that tower is going to construct despite world economic crises or small economic demand or small market in Cambodia, and what so ever ...

That is just an " Observation Tower. It is not going to produce such a spaces like that. Friends please look at the image of the diamond island plane below. Can you see that 4 pyramids at the ground? Can you see the straight standing of the observation tower? That plan is not propost by the priminister. The priminister just like it to be build so he accepted that plan already. it's propose by the private company that own OCIC. So everything is in progressing. That private company is very reliable.
Please see the image plane below. Please find the observation tower on the image in the right hand side of you below please:

After you found that observation tower, can you measure it height compare the rest of the buildings on that image?


Last edited by Rachna; September 3rd, 2010 at 03:18 PM.
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Old September 3rd, 2010, 04:15 PM   #2499
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But in diamond island project, they say the observation tower is only around 220m tall. Not 550m. But rachna u will right If the project will change the design of this observation tower from 220m to 550m.
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Old September 3rd, 2010, 05:12 PM   #2500
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that's absolutely right: from 220m hight to 555m. Listen to the story that the MP said than you can analyze the clue...

Why first time 220m? then Why 555m now? I don't 1 2 say about that. but friends, you can learn from what he said.

I am not sure whether we can see thailand, lao, and vietnam city from that tower or not when that observation tower finish.
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