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Discussion Starter · #1 ·
Name: R&F City
Developer: R&F properties
Location: 7-hectare stretch of land along Samdech Decho Hun Sen Boulevard, Phnom Penh
Number of Floors: 33
Number of Buildings: 20
Total Number of Units: 5232
Total Investment Capital: US 2 billion
Facilities: a 3,200-square-metre gym, 38 shop houses and a spacious garden
Construction Begin: March 2018
Expected Completion: 2020
 

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Discussion Starter · #5 ·
Visited their showroom this afternoon, 3 out of the 20 towers have launched and so far 70%+ of the units were sold to the mainland Chinese.

Unit types ranging from 1 bedroom, 2 bedrooms and 3 bedrooms.
 

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Lol when they entered Cambodian market they had multiple projects on hold in China already and their finances looked awful.

Hopefully they really have the money. They have at least two projects on hold in China. And been already for years. One has looked like this since 2015:

https://www.skyscrapercity.com/showthread.php?t=538204

And many of their completed projects have been empty since completion.
https://www.skyscrapercity.com/showthread.php?p=144197553#post144197553
 

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Discussion Starter · #20 ·
R&F is doing reasonably well financially compare to other major developers (Dalian Wanda Group for example). It's just the authority tighten the cashflow and these companies are taking a more conservative approach to invest in land and to launch new developments.
 
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