It's a private enterprise. I agree it's a ridiculously high figure though, it was originally said to be costing way less.kinard wrote:
And $5.5b - what the fuckity fuck? To think what improvements could be done nationwide with that kind of wedge.
First 500m Tall Twin Tower To Be Build In Phnom Penh By 2019
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Romantic Cambodia is dead and gone. It's with McKinley in the grave.
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I suspect that is massively padded
The Monivong Tower.on Monivong Blvd cost.28 million dollars and was built by Hyundai about 6 years ago or so.
Based on that I guess you could build the proposed pile of Shite for 500 million as a wild outside guess given it's bigger and a few years later. Probably more in the 200 million or less range though if built by Chinks.
5.5billion is marketing bullshit so dicks will pay 400k or whatever for an apartment that cost 20k in materials and 10k in Labour.
The Monivong Tower.on Monivong Blvd cost.28 million dollars and was built by Hyundai about 6 years ago or so.
Based on that I guess you could build the proposed pile of Shite for 500 million as a wild outside guess given it's bigger and a few years later. Probably more in the 200 million or less range though if built by Chinks.
5.5billion is marketing bullshit so dicks will pay 400k or whatever for an apartment that cost 20k in materials and 10k in Labour.
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http://www.domain.com.au/news/the-world ... 10-gtovch/The world’s tallest pair of buildings, the Petronas Twin Towers in Kuala Lumpur, have a challenger, with a Chinese consortium winning the commission to build a 133-storey, 560-metre pair of skyscrapers in Phnom Penh in Cambodia.
When completed, the impressive development known as the Thai Boon Roong Twin Trade Center would beat out the current record-holders in Malaysia by 108 metres, and would be the fourth highest buildings in the world – assuming nothing taller pops up in the meantime.
The lofty achievement come at a price of $US2.7 billion ($3.6 billion) and it’s expected to take about five years to completed. It’ll house 1.6 million square metres in total, with a mixture of commercial and residential properties on the cards.
The building project will be headed by Sino Great Wall International and Wuchang Shipbuilding Industry Group. Final approval was granted to the Thai Boon Roong Group – who are managing the development with the Sun Kian Ip Group – early in May 2016.
It’s not, however, a guaranteed success, with the Guardian reporting in 2015 that Cambodia’s current tallest building, the Vattanac Capital tower, had an occupancy rate at around 30 per cent.
It’s also not the only ambitious architectural project planned for the country’s capital, with the Zaha Hadid-designed Sleuk Rith Institute proposed as an archive of Khmer Rouge history and a major genocide studies centre.
EVERYONE BOW DOWN TO HIS MAJESTIES phat kunthea™
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Lol. Five years? Tell 'em they're dreaming.
I can smell a prime ministerial election in the air
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Well, low and behold:
"Initial construction work of the Thai Boon Roong Twin Commercial Centre in Phnom Penh started yesterday, according to an official who helped design the project. Composed of 133-storey twin skyscrapers, the project will cover a 5-ha block of land opposite NagaWorld. It is a joint venture of Thai Boon Roong Co. Ltd, IP Group, Shang Hai Company and China State Construction Engineering Corp. The project will include luxury condominiums, apartments, international offices, restaurants, sport facilities as well as a five-star hotel and a modern mall." (Khmer Times)
"Initial construction work of the Thai Boon Roong Twin Commercial Centre in Phnom Penh started yesterday, according to an official who helped design the project. Composed of 133-storey twin skyscrapers, the project will cover a 5-ha block of land opposite NagaWorld. It is a joint venture of Thai Boon Roong Co. Ltd, IP Group, Shang Hai Company and China State Construction Engineering Corp. The project will include luxury condominiums, apartments, international offices, restaurants, sport facilities as well as a five-star hotel and a modern mall." (Khmer Times)
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The old dreamland site?Miguelito wrote:Well, low and behold:
"Initial construction work of the Thai Boon Roong Twin Commercial Centre in Phnom Penh started yesterday, according to an official who helped design the project. Composed of 133-storey twin skyscrapers, the project will cover a 5-ha block of land opposite NagaWorld. It is a joint venture of Thai Boon Roong Co. Ltd, IP Group, Shang Hai Company and China State Construction Engineering Corp. The project will include luxury condominiums, apartments, international offices, restaurants, sport facilities as well as a five-star hotel and a modern mall." (Khmer Times)
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+ this one?Miguelito wrote:I merged these two threads as there's some good background there.
http://www.khmer440.com/chat_forum/view ... =1&t=54262
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I'm not sure how merging into a poll would work out.dsl25 wrote:+ this one?Miguelito wrote:I merged these two threads as there's some good background there.
http://www.khmer440.com/chat_forum/view ... =1&t=54262
That thread did mention one point, that he has had that land for a long while, and even decided on developing the Intercon out in West Bumfuck (at the time) and on that prime land next to the Cambodiana.
Interesting round up of developments in the city here: https://livinginasia.co/future-phnom-penh/
Some familiar, some I'd not heard of, like the Chrouy Changvar Riverside
Cambodiana Hotel Redevelopment
And this place will have a facade restoration;
Le Gendarmerie
Some familiar, some I'd not heard of, like the Chrouy Changvar Riverside
Cambodiana Hotel Redevelopment
And this place will have a facade restoration;
Le Gendarmerie
Phnom Penh, Cambodia
Le Gendarmerie will be a 6 storey Tropical Boutique Hotel behind a fully restored Classic French Heritage Facade built during the French Administration 1863-1949. Located on the corner of 96th and 13th Streets and a stone’s throw from the Tonle Sap river. Magnificent view of the Wat Phnom Penh from the upper floors, and located opposite the Colonial Heritage General Post Office. The 50-60 key boutique hotel will be managed by an Exclusive International Hotel Brand.
Type
Tropical Heritage Boutique Hotel
Location
Phnom Penh, Cambodia
Cost
USD $18.5M
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