So many unfinished buildings what was it meant for?
- Lucky Lucan
- K440 Knight Captain
- Reactions: 761
- Posts: 22525
- Joined: Fri Mar 04, 2011 12:24 pm
- Location: The Pearl of the Orient
Romantic Cambodia is dead and gone. It's with McKinley in the grave.
I think I bought some of the 'rebar' recovered from those demolished buildings, very rusty and bent. I don't even know if anti rust coated rebar is available in Cambodia. Anyone?
Anyway, nice to see they are minimizing waste and greenhouse gas emissions. Globally, 20-40% of greenhouse gasses are emitted by building construction and related industries. Thoughtless concrete pouring, whether for money laundering, or never-to-open hotels and casinos, isn't a good look.
Anyway, nice to see they are minimizing waste and greenhouse gas emissions. Globally, 20-40% of greenhouse gasses are emitted by building construction and related industries. Thoughtless concrete pouring, whether for money laundering, or never-to-open hotels and casinos, isn't a good look.
- Orichá
- I have some social problems
- Reactions: 70
- Posts: 551
- Joined: Sat Jun 27, 2015 10:20 pm
- Location: unknown
Many or most of these ghosts are substandard, too. Exposure to the highly humid and saline ambient air will quickly render the unpainted lower quality ones unusable... Also, nobody owns them but many locals own the land they're built on... Inevitably, many will come down. Either from natural erosion, lol, or explosive/machine deconstruction...FishHead Phil wrote: ↑Wed Aug 17, 2022 4:19 pm"Ghost Buildings" of Sihanoukville article yesterday suggests there are over 1000 unfinished buildings.
https://www.rfa.org/english/news/cambod ... 65805.html
"Storytelling reveals meaning without committing the error of defining it."
...Hannah Arendt
...Hannah Arendt
- Ned's missing cat
- I've got nothing better to do
- Reactions: 15
- Posts: 74
- Joined: Sun Nov 12, 2017 9:49 pm
"Unfinished Buildings Abandoned by Chinese Investors Litter Cambodia"
https://www.breitbart.com/national-secu ... -cambodia/
https://www.breitbart.com/national-secu ... -cambodia/
2
2
Early last year I went through 11 construction sites with Singaporean and Australian engineer and out of the 11 developments only 1 was truly substandard. Others were from ok quality to good to equalAustralian standard constructions. Now the buildings sites we went through were the better ones, in a way that we knew the contractor and architects were reputable companies. So there are more substandards quality buildings for sure but most I would say are safe and well built.
Orichá wrote: ↑Sun Aug 21, 2022 12:56 pmMany or most of these ghosts are substandard, too. Exposure to the highly humid and saline ambient air will quickly render the unpainted lower quality ones unusable... Also, nobody owns them but many locals own the land they're built on... Inevitably, many will come down. Either from natural erosion, lol, or explosive/machine deconstruction...FishHead Phil wrote: ↑Wed Aug 17, 2022 4:19 pm"Ghost Buildings" of Sihanoukville article yesterday suggests there are over 1000 unfinished buildings.
https://www.rfa.org/english/news/cambod ... 65805.html
- Lucky Lucan
- K440 Knight Captain
- Reactions: 761
- Posts: 22525
- Joined: Fri Mar 04, 2011 12:24 pm
- Location: The Pearl of the Orient
That's interesting. However, I'm wondering even with the better quality constructions what chance is there for any re-purposing? Is there any market for those hulking gray bare constructions? Knocking them down is going to be tricky unless they just go back to the five guys with sledgehammers technique.china_love wrote: ↑Tue Aug 23, 2022 8:09 pmNow the buildings sites we went through were the better ones, in a way that we knew the contractor and architects were reputable companies. So there are more substandards quality buildings for sure but most I would say are safe and well built.
Romantic Cambodia is dead and gone. It's with McKinley in the grave.
There is huge potential in the buildings. We bought one. We got the project with a fraction of the price that had put into it so far.
Our building was supposed to be office building. It was about 60% completed when we purchased it in mid 2021. We turned it in serviced apartments. Land was owned by local restaurateur and building was developed by Chinese developer. We bought both parties out.
But as most of the buildings are left bare boned without any protection people need to act quick. Sea air doesn't do any good for them. I think 2-3 years more and most needs to be knocked down unfortunately.
Our building was supposed to be office building. It was about 60% completed when we purchased it in mid 2021. We turned it in serviced apartments. Land was owned by local restaurateur and building was developed by Chinese developer. We bought both parties out.
But as most of the buildings are left bare boned without any protection people need to act quick. Sea air doesn't do any good for them. I think 2-3 years more and most needs to be knocked down unfortunately.
Lucky Lucan wrote: ↑Tue Aug 23, 2022 10:12 pmThat's interesting. However, I'm wondering even with the better quality constructions what chance is there for any re-purposing? Is there any market for those hulking gray bare constructions? Knocking them down is going to be tricky unless they just go back to the five guys with sledgehammers technique.china_love wrote: ↑Tue Aug 23, 2022 8:09 pmNow the buildings sites we went through were the better ones, in a way that we knew the contractor and architects were reputable companies. So there are more substandards quality buildings for sure but most I would say are safe and well built.
When you say truly substandard you meant paint will not stick, pipes will corrode, hairline fractures will crack everywhere, no alterations can be made, the building may sink or you meant it is in danger of collapsing?
china_love wrote: ↑Tue Aug 23, 2022 8:09 pmEarly last year I went through 11 construction sites with Singaporean and Australian engineer and out of the 11 developments only 1 was truly substandard. Others were from ok quality to good to equalAustralian standard constructions. Now the buildings sites we went through were the better ones, in a way that we knew the contractor and architects were reputable companies. So there are more substandards quality buildings for sure but most I would say are safe and well built.
Orichá wrote: ↑Sun Aug 21, 2022 12:56 pmMany or most of these ghosts are substandard, too. Exposure to the highly humid and saline ambient air will quickly render the unpainted lower quality ones unusable... Also, nobody owns them but many locals own the land they're built on... Inevitably, many will come down. Either from natural erosion, lol, or explosive/machine deconstruction...FishHead Phil wrote: ↑Wed Aug 17, 2022 4:19 pm"Ghost Buildings" of Sihanoukville article yesterday suggests there are over 1000 unfinished buildings.
https://www.rfa.org/english/news/cambod ... 65805.html
Not danger of collapsing, yet at least. More like cracks, HVAC and electrical systems installed wrong and poor quality of materials used. Generally just very bad design and engineering. To fix those mistakes it would be cheaper to tear down the whole building and re-build it from scratch.
Ephrium wrote: ↑Thu Aug 25, 2022 4:21 pmWhen you say truly substandard you meant paint will not stick, pipes will corrode, hairline fractures will crack everywhere, no alterations can be made, the building may sink or you meant it is in danger of collapsing?
china_love wrote: ↑Tue Aug 23, 2022 8:09 pmEarly last year I went through 11 construction sites with Singaporean and Australian engineer and out of the 11 developments only 1 was truly substandard. Others were from ok quality to good to equalAustralian standard constructions. Now the buildings sites we went through were the better ones, in a way that we knew the contractor and architects were reputable companies. So there are more substandards quality buildings for sure but most I would say are safe and well built.
Orichá wrote: ↑Sun Aug 21, 2022 12:56 pmMany or most of these ghosts are substandard, too. Exposure to the highly humid and saline ambient air will quickly render the unpainted lower quality ones unusable... Also, nobody owns them but many locals own the land they're built on... Inevitably, many will come down. Either from natural erosion, lol, or explosive/machine deconstruction...FishHead Phil wrote: ↑Wed Aug 17, 2022 4:19 pm"Ghost Buildings" of Sihanoukville article yesterday suggests there are over 1000 unfinished buildings.
https://www.rfa.org/english/news/cambod ... 65805.html
Asking prices for land are all over the place. Some seem very optimistic!
pew, pew, pew, pew!
We heard of Alvin Chau of Suncity Junket who was arrested in China. He literally had billions. Could he not have Bought ten buildings and ten casinos then run road to snooky? There was plenty of warnings from the jailing of nephew of Stanley Macau and hiding of Jack Ma. Why didn't he do so when it is still casino business?
- FishHead Phil
- I have some social problems
- Reactions: 58
- Posts: 549
- Joined: Mon Jul 15, 2013 3:22 pm
Future of Unfinished Construction in SHV: Perspective of Investors, Government & Locals
5th September 2022
After the Cambodian government shut down online gaming in Sihanoukville, combined with the arrival of the COVID-19 pandemic in 2020, Sihanoukville’s economy plummeted while the overheated real estate market in the province finally cooled and dramatically so.
What will be the future of those unfinished buildings? This is the path on which Chinese investors, the Cambodian government, and local landlords must walk together to find the way out.
Perspectives of Chinese Investors
One of the most demanding requests from the investors is the facilitation and involvement of the government in solving the land disputes and contract violations between them and local landlords.
Some Chinese investors have reported that the landlord has seized their buildings which stop them from returning and finishing up their projects.
Chinese developer Qiu told the Nikkei that he had invested US$3 million in a hotel in Sihanoukville in 2017. Construction was completed in 2020 but cannot be opened due to a dispute with the landlord, who wants to take complete control of the project.
What do local landlords think?
On the other hand, local landlords are claiming that the Chinese investors have violated the contract and not paying the rental fee as promised. After the closure of online gambling and the COVID-19 pandemic, the Chinese investors just left Cambodia and never returned to the project, locals said.
Some claimed that this is the reason why they have no choice but to hold the building/property as collateral and wait for the owner to come back and settle the rental fee. They have no intention of seizing the property permanently.
President of the Sihanoukville Chamber of Commerce Okhna Vann Sokheng said the root cause of the issue is that both sides [Chinese investors and local landlords] do not use the compromise method.
“Chinese investors use the COVID-19 pandemic as the rationale for not paying the rental fee, while the landlord uses the contract to force for a high rental fee just like the pre-COVID-19 period. Neither side agrees to go halfway,” said Oknha Vann Sokheng.
What is the long-term vision of the Cambodian government?
Australian National University researcher Dr Ivan Franceschini explained why unfinished construction projects and land disputes between landlords and investors in Sihanoukville seem not to be the focus of the Cambodian government.
Dr Ivan said in a country where corruption is endemic and land speculation by connected elites is rife, the Chinese investors’ proposals are unlikely to materialise.
According to his study, the Cambodian government actually want to solve this issue; however, the solution must take time as the parties involved are elite and powerful individuals in the government sector.
Nevertheless, the trouble will be eased one day, he believed, explaining that the government has already spent its budget of US$300 million in upgrading the infrastructure of the province; thus, the long-vision masterplan for this province has already been planned.
Dr Ivan Franceschini also believed that the Chinese will not return anytime soon given aforementioned the social and economic obstacles. The old Chinese investors are less likely to return, so hope could ultimately rest on new ones.
Full article https://construction-property.com/futur ... nt-locals/
5th September 2022
After the Cambodian government shut down online gaming in Sihanoukville, combined with the arrival of the COVID-19 pandemic in 2020, Sihanoukville’s economy plummeted while the overheated real estate market in the province finally cooled and dramatically so.
What will be the future of those unfinished buildings? This is the path on which Chinese investors, the Cambodian government, and local landlords must walk together to find the way out.
Perspectives of Chinese Investors
One of the most demanding requests from the investors is the facilitation and involvement of the government in solving the land disputes and contract violations between them and local landlords.
Some Chinese investors have reported that the landlord has seized their buildings which stop them from returning and finishing up their projects.
Chinese developer Qiu told the Nikkei that he had invested US$3 million in a hotel in Sihanoukville in 2017. Construction was completed in 2020 but cannot be opened due to a dispute with the landlord, who wants to take complete control of the project.
What do local landlords think?
On the other hand, local landlords are claiming that the Chinese investors have violated the contract and not paying the rental fee as promised. After the closure of online gambling and the COVID-19 pandemic, the Chinese investors just left Cambodia and never returned to the project, locals said.
Some claimed that this is the reason why they have no choice but to hold the building/property as collateral and wait for the owner to come back and settle the rental fee. They have no intention of seizing the property permanently.
President of the Sihanoukville Chamber of Commerce Okhna Vann Sokheng said the root cause of the issue is that both sides [Chinese investors and local landlords] do not use the compromise method.
“Chinese investors use the COVID-19 pandemic as the rationale for not paying the rental fee, while the landlord uses the contract to force for a high rental fee just like the pre-COVID-19 period. Neither side agrees to go halfway,” said Oknha Vann Sokheng.
What is the long-term vision of the Cambodian government?
Australian National University researcher Dr Ivan Franceschini explained why unfinished construction projects and land disputes between landlords and investors in Sihanoukville seem not to be the focus of the Cambodian government.
Dr Ivan said in a country where corruption is endemic and land speculation by connected elites is rife, the Chinese investors’ proposals are unlikely to materialise.
According to his study, the Cambodian government actually want to solve this issue; however, the solution must take time as the parties involved are elite and powerful individuals in the government sector.
Nevertheless, the trouble will be eased one day, he believed, explaining that the government has already spent its budget of US$300 million in upgrading the infrastructure of the province; thus, the long-vision masterplan for this province has already been planned.
Dr Ivan Franceschini also believed that the Chinese will not return anytime soon given aforementioned the social and economic obstacles. The old Chinese investors are less likely to return, so hope could ultimately rest on new ones.
Full article https://construction-property.com/futur ... nt-locals/
“Some people never go crazy. What truly horrible lives they must lead.”
― Charles Bukowski
― Charles Bukowski
Not wanting to begin a new thread,
does anyone know how the Chinese lure others to Snooky from within China? do they place advertisements, Work vacancies or is it by word of mouth they are led here?
does anyone know how the Chinese lure others to Snooky from within China? do they place advertisements, Work vacancies or is it by word of mouth they are led here?
They scour FB constantly.Ephrium wrote: ↑Tue Dec 20, 2022 1:59 pmNot wanting to begin a new thread,
does anyone know how the Chinese lure others to Snooky from within China? do they place advertisements, Work vacancies or is it by word of mouth they are led here?
BEIJING, Feb 18 (Reuters) - Chinese online classifieds platform 58.com has come under heavy criticism in China after a Chinese national said he was tricked by one of its job advertisements to become the victim of a human trafficking ring in Cambodia.
The company, China's equivalent of Craigslist, told state media on Thursday it would cooperate with a police investigation in Cambodia although it had "not yet established" whether the fraudulent job advert had been on its platform.
https://www.reuters.com/markets/funds/c ... 022-02-18/
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Touted solution to the problem of unfinished buildings in Sihanoukville
by Bong Burgundy » Thu Jan 26, 2023 8:08 pm » in Cambodia News - 2 Replies
- 651 Views
-
Last post by yeah
Sat Jan 28, 2023 2:43 pm
-
-
- 7 Replies
- 2258 Views
-
Last post by RiverRat
Mon Aug 05, 2019 11:05 am