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Old February 11th, 2011, 07:00 PM   #3001
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Rose City set for mid-year finish

“Even though the property market hit a slump caused by the world financial crisis, we never delayed,” he said. “We’re not worried [about the project’s success], because we have a lot of funds from our bank.”
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Old February 12th, 2011, 06:48 AM   #3002
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I hope this answer your question
GT42 no progress because i stay near it.and where i work where i see it
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Old February 12th, 2011, 11:51 PM   #3003
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Wow the Rose City looks so nice , I don´t can wait to see it Finish.
And I hope GT42 is on going later.

hehe I do the 3.000th Post wuhhuuu
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Old February 14th, 2011, 10:51 AM   #3004
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from the Philippines..let's move forward ASEAN..
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Old February 14th, 2011, 06:07 PM   #3005
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GT42 no progress because i stay near it.and where i work where i see it
Thanks for the update!

We all should tell the Korean builder to get their ass moving.......
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Old February 16th, 2011, 01:00 PM   #3006
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You must be one of the owner
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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.
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Old February 16th, 2011, 01:01 PM   #3007
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Pedro

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A significant differernce compare to a week ago
http://www.skyscrapercity.com/showpo...&postcount=149

I saw many workers even at night time

2010/2/16

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Old February 16th, 2011, 01:01 PM   #3008
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2010/2/16

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Old February 16th, 2011, 01:02 PM   #3009
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Mango

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Finishing up the interior

2010/2/16

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Old February 16th, 2011, 01:02 PM   #3010
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The former ''Belami'' store in Sihanouk Boulevard now turn into this

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2010/2/16

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Old February 16th, 2011, 01:04 PM   #3011
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Demolishing the building and make way for a new boutique??

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2010/2/16

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Old February 16th, 2011, 01:04 PM   #3012
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2010/2/16

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Old February 17th, 2011, 08:00 AM   #3013
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Nagaworld strikes it lucky

Wednesday, 16 February 2011 15:01
Jeremy Mullins

Photo by: Marisa Reichert
Naga World rises above Phnom Penh on Monday. The capital's sole casino saw its profits increase by 73 percent last year .


Net profits at Phnom Penh’s sole licensed casino NagaWorld increased by 73 percent last year to US$44.1 million, according to interim annual results which outlined an aim to finish construction on its third wing this year.

Rising profits came from growth of its public floor and gaming machines areas “which resulted in a healthier, more efficient and profitable business mix”, parent company NagaCorp said in its annual results filing on the Hong Kong exchange.

“During this period, 64 percent of our total revenues were derived from these segments, compared to 55 percent for the same period in 2009,” it said.

NagaWorld aims to appeal to the mass market with its third wing, currently under construction, with completion expected for later this year.

The project will house a swimming pool, a health club, offices, and some 220 hotel rooms.


“The hotel rooms will be positioned at a lower price point to appeal to a wider segment of our casino guests,” it said.

The casino and hotel is keen to push for greater regional market share by increasing its mass market appeal in 2011. It claims to have “remodeled” its business partly due to increased tourist arrivals to Cambodia, while adopting a more conservative approach to junkets.

“This remodelling has focused on a shift in our business mix and has meant build-up of our public floors and gaming machines, driven by market demand,” it said.

It increased the number of slot machines to 1,032 at the end of 2010, from 618 a year earlier.

The firm also adopted a more conservative credit policy and lowered its table limit in 2009 for its junket business.

Junket floor revenues stood at $54 million in 2010, a slight increase on $53.3 million in 2009. Some 7,928 patrons visited the junket floor last year, from 11,368 the year previous.

Ministry of Economy and Finance figures obtained last month showed the Kingdom’s tax revenue from the 20 domestic casinos contributed $16 million to state coffers last year, an increase on $13 million in 2009.

However, some in the industry warned that the gambling sector faces challenges, with further border casinos likely to close. Winn casino in Bavet near the Vietnam border closed in September of last year, while VIP casino shuttered in November.

NagaWorld owns the only licence for operating a casino in Phnom Penh, it said, adding the continued closure of other slot machine and sports betting stations [banned in the capital] had contributed to growth.
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Old February 21st, 2011, 07:49 AM   #3014
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Bellevue Apartment

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Old February 21st, 2011, 07:49 AM   #3015
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Mekong Condominium

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Some to be shops right on the entry of the building

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Old February 21st, 2011, 07:50 AM   #3016
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Mekong Condominium

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Old February 21st, 2011, 07:51 AM   #3017
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St. 113 No 47 (Unknown Name)

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2010/2/19

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Old February 21st, 2011, 07:52 AM   #3018
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St. 113 No 47 (Unknown Name)

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2010/2/19

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Old February 21st, 2011, 07:52 AM   #3019
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St. 113 No 47 (Unknown Name)

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2010/2/19

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Old February 21st, 2011, 07:53 AM   #3020
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St. 111 No 49 (Unknown Name)

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2010/2/19

Facing East

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