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Discussion Starter #1 (Edited)
Name: The Bridge
Developer: Oxley Holdings Limited and World Bridge Land Co., Ltd
Location: (Opposite the Australian Embassy) Tonle Bassac Commune, Chamkarmon district, Phnom Penh
Number of Floors: 2 towers of 45 floors (4 floors of shopping center)
Number of Units: 700 apartment units and small offices, and 900 “home offices''
Construction Cost: US$300 million
Construction Started: End of this year or early 2014
 

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Discussion Starter #2

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City faces gigantic 45-storey change

http://www.phnompenhpost.com/real-estate/city-faces-gigantic-45-storey-change

Phnom Penh will be a changed city and more attractive when twin 45-storey condominium towers are completed in the coming three or four years, developers say.

Sung Bonna, director of Bonna Realty Group, said Singaporean outfitThe Bridge Company, would start constructing the twin skyscraper buildings at the end of this year or early 2014.

The company is proposing that the Ministry of Land Management, Urban Planning and Construction run its project. He added that the buildings would be used for condos, office space and a supermarket. However, he did not outline further details about the project or how much it would cost.

“This project is not mine, I do not have such substantial capital, ” Bonna said. “It is my client’s project”

The twin buildings will be built south of the Australian Embassy in Tonle Bassac commune, Chamkarmon district.

Noun Rithy, general manager of Bonna Reality Group, said the owner was studying and preparing the project for a future sales campaign, adding that the location of the commercial building was interesting, for it is comprised a variety of services and a good urban environment.

Noun said that factors including proximity to the city centre, good surrounding environment and fengshui and high-class residential spaces would ensure the project’s success.

Tall buildings are popping up throughout the Tonle Bassac area, including the Rose, Riviera, and CASA Meridian condominium developments, Tokyo Inn and Bali Scenery.

Kim Heang, president of Khmer Real Estate, said that the twin skyscraper development was a good project because the location was the highest priced area in Phnom Penh. The development’s diverse targeted markets will ensure its success, he added.

The one-and-a-half hectare site will serve as a welcoming point for tourists and investors coming to Cambodia after ASEAN integration is launched in 2015, he said.

Liv Ratana, personal assistant to Sear Rithy, chief executive officer of The Bridge Company, said Sear declined to comment on the project.
 

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Very good, Phnom Penh will be similar to Singapore in the next 5-10 years. And I hope this wont be another gold tower 42
 

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To say Phnom Penh will be similar to Singapore in 5-10 years I think this is too good to be truth. For sure there are many projects, Koh Pich will be filled with tall buildings given no repeat of the 2008 financial crisis, by 2020.
 

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Koh Pich reminds me of Marina Bay, and the main skyline of Phnom Penh on Monivong Blvd reminds me of Singapores Skyline. I hope Phnom Penh will be like Singapore in a couple years. At the end of the year we can see about 10 cranes constructing Riviera,Casa Meridian condominium developments, Tokyo Inn and Bali Scenery. This is a good indication of the recovering crisis in Cambodia.
 

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It took Singapore several decades to where it is now. Don't expect Phnom Penh to be like Singapore within a couple years. If it happens within a couple decades it would be a giant leap for Cambodia. Developments coincide with a strong health of country, both economically and politically.
 

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The location of this is very cloe to The Star River, will Star river coming back?
^^ High possibility! Star River already started building the underground foundation but never finished because of the economic crisis. But Posco right now is actually helping to build Vattanac Tower!
 

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To me that looks more of Preparation Work. Well at least that's what we call this stage in Canada. Also DO NOT ever call me a moron. This is a forum where we respect each other, and not call each other names. That photo looks like it was dated a while back. If you look at the site now, it is empty

Thank You
 

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To me that looks more of Preparation Work. Well at least that's what we call this stage in Canada. Also DO NOT ever call me a moron. This is a forum where we respect each other, and not call each other names. That photo looks like it was dated a while back. If you look at the site now, it is empty

Thank You
^^ That photo was dated a while back but the foundation was under construction until the economic crisis occurred! Just because it is empty now does not mean it is completely abandoned.
 

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^^ That photo was dated a while back but the foundation was under construction until the economic crisis occurred! Just because it is empty now does not mean it is completely abandoned.
I did not state anything about it being abandoned. I just saying you are giving us false information.
 
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