Compared to most of the region northwest of the city has been turned into an attractive region for family Cambodian citizens who are looking for homes outside the town.
Singapore and construction company plans to expand their development process, which is located between the two development zones Cam City Grand Phnom Penh and those structures are appropriate to the needs of customers and what they want. According to the words of Vice President of World Trust Estate.
The development of construction projects, such as rehabilitation Borey Peng Huot de Premier New World Kilometer 5, city Toulsangke, Sangkeo Borey, the City Palace, the city of Angkor, the City Palace City Bronze, Sanke New World, the city of China Town, City of satisfaction 1 and 2, the small city of Villa Market, friendly apartment 1 and 2, lotus Lake City, Singapore Lim Chiang Hak (CTN), the City SRENG Kong, Singapore Friendship (6 kilometers), the city of millionaires, Ivory Residence, jeweled city, the city of Paradise, Singapore Ltd., Singapore, Hong Yi Leng, Kim apartment buildings, city wedding, apartment construction.., the city of Coca-mail, these construction projects is a new construction project, which offers housing, twin buildings, villas and apartment buildings have a reasonable price, the market important for local customers.
Qi, head of the construction project Grand Phnom Penh, the project covers an area of 260 hectare development.
He believes that the development of infrastructure along the bland, 598 and on the streets of Hanoi, is developing belt Connectivity Keo such areas with urban areas through traveling to and improve the streets.
City Hall also suggested that Angkor Boulevard or the so-called road Camko linking Singapore Grand Hall and the City of Cameron City Direct It helps speed up travel from the city, especially for those living in the northwest of Phnom Penh. Aeon Mall 2 project construction work along the way 1003 has caused most investors have to wonder about the project All development in the region.
David Kim, president of real estate services Internet phone company explained that the changes to the homes of the suburbs was caused by the rise in in Phnom Penh, Boeung Keng Kang, Daun and Bassac River.
Kim said: 'because land prices rising and the cost of rental properties in this area have higher Khmer people ever in the area do not want to live anymore because it is like a business venture for them. So they decided to sell the land and those assets at a higher profit or rent the land on which they have a higher rate and to live in the suburbs, which is located in the northwest.
Chroy is an active development areas, but because of the need to cross the bridge to go to the homes of the people who live here as well as a lack of trade activity and other business buildings in the area, it makes the area less attractive Download for development projects. According to the words of Kim.
Similarly, on the south side of the city along the road Hun Sen has also received development, but it takes time more to complete construction and infrastructure customers need. On the west of the city also saw the airport and wide space for commercial and business activities, but this is not less attractive for developers, construction companies, which are looking at the domestic market price and size does not fit fellowship depending on what kind of major development projects.
Kim compared the northwest area of the city and region Keo is no bridge across the Kork is strong business growth and trade, accompanied by a wide land and construction are appropriate for the development of large construction projects.
Because of all these factors, the development in the northwest of the city seems attractive to domestic customers Khmer citizens There is less risk in the venture business from investors in this sector.
An overview of the landscape snapped from the air, we see green areas with no development in the northwest This means that the initial investment can buy these properties at a price cheaper and soil ask permission for construction projects on the land by the government. Then they can transfer the land to continue to invest in development projects continue to build on that land. Cheap land prices, development of construction projects will continue to be able to sell its residential project in an appropriate price.
He confirmed that based on the macro view of the region northwest of the city is able to ensure a good business opportunity better in the future. Business development and construction sector must be based on the principle of a triangle if you have a construction project in a suitable location downtown development project and an international airport construction project in which you can ensure that those projects is what customers need, you will get success. But it was not an immediate success, but as long as the city continues to expand your construction projects will get to success .
James Whitehead
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