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Old September 7th, 2010, 06:08 PM   #2581
SeeMacau
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Photos by Willem:



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Old September 7th, 2010, 06:56 PM   #2582
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Thanks SeeMacau for all the pics and info. !
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Old September 8th, 2010, 08:48 AM   #2583
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Bless you SeeMacau !! Great work !! Cambodia will be the best that have people like you !!
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Old September 8th, 2010, 04:51 PM   #2584
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Sep 08, 2010
O.J. Fall
Property Report



Cambodia’s plans announced in August to build South East Asia’s tallest tower at 555m continues to generate substantial discussion across the region and wider property industry.

The announcement comes at a time when the region seems to be engaged in a rather cold war-esque skyscraper battle, such as that which Stalin undertook against the US leaving great monoliths dotted across the Moscow cityscape.

Across South East Asia, led by Malaysia’s Petronas Towers, which were the world’s tallest building until 2004, each country has sought to redefine the region’s cityscape.

Thailand’s innovative 310m MahaNakhorn development, announced in 2009 and standing just 10m shy of the Eiffel Tower’s spire actually exceeds Singapore’s skyscraper collective that are limited to 280m by the proximity of the airport to the city centre.

As such Vietnam had, until Cambodia’s announcement, been at the van guard of this region’s ‘skyscraper race’. Parallels between Soviet Russia and Vietnam’s communist government aside, it seems that Vietnam is closer to grasping the nettle than any other party in the region. Call it a communist obstinacy or perhaps more realistically a further testament to Vietnam’s endurance and meteoric rise over the lat twenty years, projects announced in both Hanoi and Ho Chi Minh City are looking strong.

Hanoi’s proposed 528m tower to be built by the PetroVietnam Construction Joint Stock Corporation (PVC) at a cost of US$1.2 billion by 2014 follows on from the Bitexco Financial Tower that will open in October this year, standing at 262.5m.

It is however a substantial jump from the 250 – 310m range to over 500m.

Vietnam obviously feels the need to make a statement, announcing its presence on the regional and world stage. Deeper motives behind Cambodia’s announcement than making a bold statement are somewhat elusive.

As an economy that still relies on substantial donor funding to operate (accounting for half of the central government’s budget) and though its garment industry has taken off, with the promise of some future oil and gas returns too, the population lacks education and productive skills, particularly in the poverty-ridden countryside, which suffers from an almost total lack of basic infrastructure.

By its effort to stride out of its dark past, could Cambodia’s new tower yet become an icon of delusional grandeur? Well, the project is not impossible, but challenges await and there is no doubt the US$200 million price tag could be put to better uses across the country. Cambodia’s developing construction industry will require foreign assistance, that is a given, but even the proposed location of the tower will poses its own issues.

Diamond Island has only existed for 100 years and with the constant flux of the great Mekong River there is no guarantee that the island will remain in years to come without substantial and expensive engineering works. All of which will be dictated by the market’s demand for such a property.

On top of that Cambodia’s property market is still developing and though skyscrapers continue to arise from the city built on banks of the Mekong, there is no guarantee that the market will be able to accommodate, nor fill such a development. To date, Phnom Penh’s towers have hovered around the 25 storey, 170m mark.

Such a development can re-define cities and countries on the global stage. But the same applies whether these developments are succeed or fail.
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Old September 8th, 2010, 05:03 PM   #2585
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Thanks bokator and Masterfully

Quote:
Originally Posted by Masterfully View Post
Bless you SeeMacau !! Great work !! Cambodia will be the best that have people like you !!
Hi Masterfully:
Welcome to this thread and in case you don't know

here is the Cambodia forum:
http://www.skyscrapercity.com/forumdisplay.php?f=2517

Have a good time !!
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Old September 8th, 2010, 05:17 PM   #2586
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Sihanoukville | Mittapheap Hotel | 17 fl | U/C

Name: Mittapheap Hotel
Number of Floors: 17
Developer: Pearl City Asia development
Cost: US$40 million
Esimated Completion Date: 2012
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Old September 9th, 2010, 08:45 AM   #2587
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Ohhh I always dream to see the 555m height building in my country! I hope it's going to happen not fear of economic crisis or small market now in Cambodia. But infact, Cambodia's market is very big. I hope tomorrow is the five years past from now, so i can see how Cambodia is look like.

Cambodia will be the second Khmer empire again!

Good news: http://kohsantepheapdaily.com.kh/art...08-202155.html
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Old September 9th, 2010, 12:58 PM   #2588
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I am so happy to hear this news and i hope that there is not only this project will be happen but there are many unknown building under construction.
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Old September 10th, 2010, 01:35 PM   #2589
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Bank of China chooses Canadia Tower as home

Thursday, 09 September 2010 15:00
Soeun Say

CANADIA Tower has secured high-profile lender Bank of China as a tenant, improving the outlook for the property market.

The lease with China’s fourth largest bank by market value, and a new entrant to Cambodia’s financial sector, is regarded as a coup by the tower’s management.

“It is a big client and holds a lot of potential for us – it is my hope that it will attract other big companies to set up offices at Canadia,” Pen Phyrun, property officer at Mega Asset Management Co, the property unit of Canadia Tower manager Overseas Cambodia Investment Corporation said yesterday.

“We made the bank confident of our security. If we did not have good security, they would not have come here.”

The bank has leased a total 745 square metres on the tower’s first and second floors, he said.

The Bank of China was granted in-principle approval to operate in Cambodia by the National Bank of Cambodia in June. NBC officials said at the time that banks have six months to open the first branch following the approval.

Chen Changing, the Bank of China branch representative in Cambodia, could not be reached for comment.

Phnom Penh’s tallest building doubled its office occupancy during July, jumping from 30 percent to 60 percent occupancy, after securing national and international commercial tenants.

Pen Phyrun said expectations are for occupancy to fill a further 20 percent this month.

“We still have 60 percent occupancy, but this month we have been contacted by a lot of clients from abroad, and we are still in negotiations. We expect [the tower] occupancy will increase 20 percent if we secure these contracts,” he said.

The Bank of China is the third foreign bank to receive NBC approval this year, following Vietnam’s Bank of Agriculture and Rural Development (Agribank) and Malaysia’s CIMB Group.

The Cambodian Stock Exchange, previously understood to be considering Canadia Tower as its headquarters, was still in negotiations and had not signed any contract, Pen Phyrun said.

Last week, it was announced that OCIC planned to help build a 555-metre tower on Phnom Penh’s Diamond Island. If built today, the sky scraper would be the second-tallest in the world.
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Old September 10th, 2010, 08:43 PM   #2590
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I still can not believe that a 555 meter tower will be built in Cambodia
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Old September 10th, 2010, 08:50 PM   #2591
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Quote:
Originally Posted by khmerpride View Post
I still can not believe that a 555 meter tower will be built in Cambodia

Why do you think it will not be built?
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Old September 11th, 2010, 12:49 AM   #2592
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Quote:
Originally Posted by Micronta View Post
Why do you think it will not be built?
I believe it I am only excited
it will be then the be the second largest building :O
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Old September 11th, 2010, 03:16 AM   #2593
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Quote:
Last week, it was announced that OCIC planned to help build a 555-metre tower on Phnom Penh’s Diamond Island. If built today, the sky scraper would be the second-tallest in the world.
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Old September 11th, 2010, 02:10 PM   #2594
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Cambodia government is expecting to has it owns oil on 12:12:12:12 12pm, 12th, 12 (December), 2012!

Source: http://www.cen.com.kh/localnews/show...NhODE5NjFkNDRh

Groy Changva bridge is going to become a twin !

Source: http://www.cen.com.kh/localnews/show...I1NmVlZjNjNjI2

Last edited by Rachna; September 11th, 2010 at 03:57 PM.
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Old September 11th, 2010, 05:53 PM   #2595
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12.12.2012 will be my 22th birthday hehe and also excited wit first oil of Cambodia that day..
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Old September 11th, 2010, 06:23 PM   #2596
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Quote:
Originally Posted by Rachna View Post
Cambodia government is expecting to has it owns oil on 12:12:12:12 12pm, 12th, 12 (December), 2012!

Source: http://www.cen.com.kh/localnews/show...NhODE5NjFkNDRh

Groy Changva bridge is going to become a twin !

Source: http://www.cen.com.kh/localnews/show...I1NmVlZjNjNjI2
I don´t can read khmer only speak
can you translate please ?
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Old September 12th, 2010, 12:57 AM   #2597
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Quote:
Originally Posted by SeeMacau View Post
Name: Mittapheap Hotel
Number of Floors: 17
Developer: Pearl City Asia development
Cost: US$40 million
Esimated Completion Date: 2012
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Old September 12th, 2010, 10:30 AM   #2598
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Thanks for the video leekhmer !!

I read it on the Chinese newspaper yesterday, but no photos
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Old September 12th, 2010, 10:39 AM   #2599
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Here the the photo of Mittapheap Hotel

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Old September 12th, 2010, 10:58 AM   #2600
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if Cambodia build the 555m tower it's not the second tallest in the world
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