Major construction projects ambitious and full of dreams and Phnom Penh to face the subsequent change especially larger projects in Cape Changvar as a potential site for the development of the real estate sector, while today a major project.
A time when City Hall is preparing to build a roundabout in Changvar east side, there are also many projects are emerging in along National Highway 6 also includes Changvar of future spending plans invest $ 1600, along with other projects who is starting in the area, such as the City of River Town Happiness City housing construction projects Borey Peng Hout development company GIS plans create a regional entertainment center in Cape Changvar satellite as well as urban development projects Techo Morakot which has an area of thousands of hectares.
While the bridge 2nd Chroy plans to launch officially launched during September, also heard information A plan to build a new bridge (BOT) from around the Council for Development of Cambodia to the Chroy so Chroy area will become a great magnetism and that can make the area more attractive additional download.
Touch Samnang OCIC deputy director general of the company and head of the project management Diamond Island satellite city entrusted with checking Cape Satellite City Va OCIC also told that so far this sand filling in the satellite city of Cape Changvar achieve 90 percent. Filling sand in Cape Changvar satellite is scheduled to be completed in October 2014.
He said that currently, the Phnom Penh Municipal Authority-step deal with the people who suffer the impact of development projects Some people are willing to accept the compensation and some are willing to accept group homes and market stalls company has to offer them through the draw.
He said: 'This new satellite city development project plans to spend $ 1,600 investment with the development of this project could take not less than 20 years, in terms of the start until the end of the project.
He said: 'This new satellite city development projects are similar to Diamond Island, but so far we do not know what kind of building in the picture yet, because the layout has yet to detail about this .
Chroy satellite city projects of the future will build large infrastructure including the construction of a main road 6 kilometers long, parallel to National Highway 6 and to build a bridge using a cable with a length of approximately bridge Chroy from around the company's petrol stations Sokimex (Route 5) toward the region. Va satellite city of the size of 387 hectares.
Deputy director general of the company above OCIC, said: Chhroy Changvar really strong potential for development because the region There are two rivers in the right hand and an area near the city because currently there is no vacant land next major Phnom Penh outside of this region.
General manager, Singapore River Town Teng Rithy said that so far the construction of residential development project in the city of River Town Phase 1 achieve about 50 per cent and 80 per cent, and sales. Currently, the company is studying the 25 hectares of land to develop additional residential and office buildings in the 2nd phase of the project plans to spend 2 capital invest up to 100 million US dollars.
Rithy said: The company developed the City of River Town decided to release additional investment in Cape Changvar is because Hall's development plan turned toward the area. Ahead Chhroy Changvar will be a commercial area with many diverse services such as banks, hotels, schools, shopping malls and hospitals, etc. .
He said: 'Because this area is located near the center of Phnom Penh bridge 2 easy travel and weather conditions a gift that will make more people to live in this area in the future.
Research and expert property assessment Xia, a director of Key Real Estate, said the Chroy will attract you investment and people to live in the area, more and more in the future because the region has many special features such as 1 River region in the ambient air and convenient living for 2 system infrastructure enough for service to the travel 3 to build the banks of the river, parks and entertainment venues in the area 4 hotels, guesthouses, apartments, condos and Singapore are boom in the area, especially the building of satellite cities and satellite Changva Techo Morakot.
He said: 'conducive environment and infrastructure systems are becoming an important driving force for the server real estate development sector in Cape Changvar.
He said: 'Va real estate developers are successful in their sales and will be more and more successful future.
Key Real Estate CEO told that the current land area Changvar prices rise dramatically, particularly the land along the river Chroy Bridge towards the Sokha Hotel worth between $ 1000-1500 per square meter.
Bridge Chroy Kien Pagoda warehouse on National Road 6, with prices ranging from $ 1000-1500 and from Kien Pagoda warehouse Prek Leap National School of Agriculture with prices ranging from $ 500-1000 and from school Prek Leap satellite gateway city Techo Morakot from US $ 200-500 per square meter.
Plot street in front of the University of Norton Street and the Mekong river, with prices ranging from $ 500-1000 per square meter.
Salon Sinnara, chief executive officer of the company LAN Property Ltd, which kind of housing development projects Town House in the area told that really Changvar potential Because many projects are starting in the area.
He added that there are plans to build high-rise condo building several housing construction and city planning to build there because they understand Chroy weather air ambient river bridges and infrastructure. On the other hand, if in real estate in this area is very expensive.
He said: 'I think the past 10 years Chroy will become the region's most expensive real estate in the capital Phnom Penh.
He said: 'Now you have a lot of money and there are major power house in the area. It's not long, but three to four years, the region will become a commercial area and a residential area for the rich ' .
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