The Bridge condos
Did you buy off plan or is any of this completed already? Were the prices in line with the figures mentioned on this thread when it was started? And lastly, do you have any idea of the occupancy rate ?
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Sarcasm aside, in fairness other countries would have zoned off areas for development and contractors work with developers to ensure things like a big high rise designed to take advantage of sweeping river views not getting blocked off before construction is even finished. They call it planning permission. The OP's mistake was in thinking Cambodia works like that.epidemiks wrote:How could anyone have predicted that someone else might build a tall building in a fast growing city?pilescan wrote:The Bridge was sold as the Icon of Phnom Penh. We bought 2 units. Now i see a huge condo being built immediately adjacent to the Bridge. It will block our view of the river and has created a disaster as far as resale. We would like and explinstion and a significant compensation payment for such an irresponsilbe structure. Where are the building authorities?
The explanation is that people don't care much about planning permission here. You pay a bunch of money to be allowed to build something, then when they have your money already and it's too late to change your mind, they take money from some other guy and give him permission to build something right next to you, even if it interferes with your business. You won't recieve any compensation, and any time/money you spend trying to get it will be added to your overall losses.pilescan wrote: We would like and explinstion and a significant compensation payment for such an irresponsilbe structure. Where are the building authorities?
It's behind Naga, you can see it. They've completed the core structure though still a huge amount of work to be done.logos wrote:is any of this completed already?
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