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Old November 7th, 2009, 08:07 AM   #621
sopheaktr
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during my stay in Phnom Penh I saw Royal Decastle and GT42 are on heavy construction!
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Old November 7th, 2009, 08:44 AM   #622
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during my stay in Phnom Penh I saw Royal Decastle and GT42 are on heavy construction!

What about Vattanac tower, and other buildings???
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Old November 7th, 2009, 08:51 AM   #623
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wow ..... massive construction ! ...but ..how about vattanac ? anything happend yet ?
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Old November 7th, 2009, 09:06 AM   #624
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wow ..... massive construction ! ...but ..how about vattanac ? anything happend yet ?
^ I saw cows still eating the grass there!
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Old November 7th, 2009, 01:01 PM   #625
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People said it is Rose Condominium, but i don't think so.

These buildings are under heavy construction too, we can see many workers on the top.

this photo I took last month.


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Last edited by sopheaktr; November 7th, 2009 at 04:12 PM.
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Old November 7th, 2009, 03:44 PM   #626
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Rose Condominium - 7 towers all together !!
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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 November 7th, 2009, 04:40 PM   #627
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Rose Condominium - 7 towers all together !!

That's this project below, right?



On the photo sopheaktr posted, I only see 4 towers. Was the project downgraded? Nonetheless, that project is huge.
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Old November 7th, 2009, 04:45 PM   #628
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Thanks Sopheak !....very nice pic.....
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Old November 7th, 2009, 07:20 PM   #629
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^ That's not Rose Condominium!! It's suppose to be on Koh Pich island! Is that project on Koh Pich Island?????
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Old November 7th, 2009, 08:00 PM   #630
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Khmer people need to build and build! Don't waste time! Next year is the year for us to build even more!
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Old November 8th, 2009, 12:41 AM   #631
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Originally Posted by sopheaktr View Post


People said it is Rose Condominium, but i don't think so.

These buildings are under heavy construction too, we can see many workers on the top.

this photo I took last month.



That's actually the Swan Island Skyscraper which is going to be 32 story each! They redesign it that's why it looks different!


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Old November 8th, 2009, 05:20 AM   #632
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Nope, very wrong! these building are not in Dimond Island.. it is actually other different project!


[QUOTE=Rudravarman;45855405]That's actually the Swan Island Skyscraper which is going to be 32 story each! They redesign it that's why it looks different!
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Old November 8th, 2009, 07:25 AM   #633
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I think it's Rose Condominium which is part of Koh Pich (Canadia bank) project while Swan skyscrapers are to be built on Koh Pich, next to Swan Bridge.

Is the project right next to Bassac Garden City near Tonle Bassac and across from Koh Pich, right?
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Old November 8th, 2009, 08:03 AM   #634
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The project is right next to the Bassac garden city aprtments! I'm assuming the project it's koh pich island!

Last edited by Rudravarman; November 10th, 2009 at 10:06 AM.
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Old November 10th, 2009, 10:04 AM   #635
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Does anybody have anymore updates!!!
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Old November 10th, 2009, 11:50 AM   #636
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Last edited by NICALO; November 10th, 2009 at 11:56 AM.
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Old November 10th, 2009, 11:55 AM   #637
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Posco aiming to finish $300m project by 2013

Posco aiming to finish $300m project by 2013
Tuesday, 10 November 2009 15:00 Nathan Green .
South Korean firm to start selling units after Khmer New Year.
SOUTH Korean builder Posco E&C said Monday it will begin selling units in its three-tower Star River apartment complex development following Khmer New Year in advance of a planned completion date of October 2013.

The US$300 million, 237,500-square-metre riverfront complex, located in Chamkarmon district’s Tonle Bassac commune, will consist of 1,000 apartments in three apartment blocks – one 45 storeys tall and the other two 42 storeys each, Project Manager Hee-Seob Shin said Monday.

Posco Marketing Manager Jang Jung Hee said the development would target the wealthiest 1 percent of Cambodians but added that Koreans had already shown a lot of interest in the project.

“Our research shows that more than 90 percent of apartments and condos sold in Cambodia are bought by Cambodian people, but in this project many Korean people have also shown an interest,” he said. “Many Koreans like Posco projects. Whenever we have a project, many Koreans follow.”

Hee said some prospective Korean buyers were already living in Cambodia, and that many more were looking to buy units as rental properties. He estimated the likely return at more than 10 percent a year.

As well as the apartments, which will have between one and seven bedrooms, the towers will include two floors for retail and commercial activities, another floor for public facilities, including a fitness centre and swimming pool, and seven floors of car parking capable of holding 1,300 cars.

Posco’s Economic Institute was still pricing the Cambodian market, but Hee said it was likely to be priced below other similar condominium developments in the city, such as Gold Tower 42 and De Castle.

“Gold Tower will also have very high-quality condos, but we think it will be more suitable for prospective buyers if we can be 10 to 20 percent cheaper,” Hee said.

The company was due to hold a safety ceremony today featuring Cambodian monks and Korean prayers. Shin said the event was in place of a groundbreaking ceremony and would ensure the project was aligned with the local culture.

Construction began in early October following a feasibility study and extensive soil testing that began in May last year.

A spokesperson for South Korea’s Daesan Cambodia, which is working with Posco on the development, told the Post last September that an end-2008 start date for the project was shelved in the fallout of a botched attempt by the government to introduce rules regulating the financing of housing and condominium developments.

The controversial prakas, or edict, which was due to take effect at the end of September 2008, was delayed amid an outcry by South Korean developers, who said the proposal was unworkable and would make investment in the country impossible.

Shin referred questions regarding the issue to Daesan Monday, which was unavailable, but denied any delays to the project.

He said the time was spent localising designs and preparing the site, which he said would require extensive piling to ensure sturdy foundations, given the loose soil substrate on the riverfront.
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Old November 10th, 2009, 06:08 PM   #638
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Phnom Penh International University
Update: October 2009


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Old November 11th, 2009, 09:22 AM   #639
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Quote:
Originally Posted by Chadster93 View Post
I think it's Rose Condominium which is part of Koh Pich (Canadia bank) project while Swan skyscrapers are to be built on Koh Pich, next to Swan Bridge.

Is the project right next to Bassac Garden City near Tonle Bassac and across from Koh Pich, right?
Yes you right ,this is really Rose Condominium and it a part of koh pich project
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Old November 11th, 2009, 12:37 PM   #640
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Phnom Penh International University
Update: October 2009


Thanks for the photo sopheaktr. Where is PPIU situated?
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