Property developer Borey Peng Huoth is diversifying its portfolio, revealing plans to venture into retail via a mall development which is scheduled to be finished at the end of 2019.
Earlier this month, Makro, a well-known wholesale supermart based in Bangkok, Thailand, began putting up signs on the zinc walls surrounding its sales office in Phnom Penh’s Sen Sok district, advertising its imminent opening at the end of the year.
Phnom Penh, covering a land mass of approximately 680 square kilometres, is reaching out to its immediate provincial relatives to accommodate the rapid rate of urban expansion.
Phnom Penh, May 16th 2017: GUNZE SPORTS JAPAN, a household name in the Land of the Rising Sun, will bring their brand of specialized fitness to the Kingdom with the upcoming launch of their first gym.
Phnom Penh’s first pedestrian overpass bridge in the Por Sen Chey district on National Road 4 is starting to take shape ahead of its anticipated completion date in April.
An announcement on city governor Pa Socheatevong’s Facebook page yesterday confirmed the construction of a second pedestrian path along the riverside, which is set to commence soon and be completed before the Water Festival in November.
Business owners and residents are breathing a sigh of relief after the City Hall said construction works along a four-kilometre stretch of National Road 1 would wrap up at the end of next month.
The latest report on the Phnom Penh property market from local firm Vtrust Appraisal says that Sen Sok district is starting to pick up in value as nearby Tuol Kouk climbs to the likely upper reaches of its recent dizzying price rises.
In response to the rising population in Siem Reap city, the city’s geographical administration has expanded almost one-third of the city by adding three more districts nearby at the base of the city.