THE firm behind the US$1 billion development on Koh Puos, off the coast of Sihanoukville, will open a sales office and showroom in Phnom Penh early next month, in preparation for launching sales at the island resort.
Located in the PGCT Centre at the intersection of Sothearos and Sihanouk boulevards, the office is being assembled, and is already staffed by a handful of employees, according to Saing Heng, assistant to Koh Puos project director Andrew Halturin.
“We have yet to set prices, but we will begin costing and selling units on Koh Puos for December,” he said.
The massive $1 billion “exclusive” development has been planned since 2007. Phase 1 of villa construction and infrastructure development on the island is set to begin in November.
In July, Halturin told the Post the first phase consisted of residential seafront villas and low-rise apartments buildings, as well as island utilities, infrastructure and a ring road.
Future phases will see hotels, a casino, and other venues are to be developed in separate steps from 2011 to 2016, according to the project’s plans.
Andrew Halturin has said the purpose of Koh Puos development was to create a world-class recreational resort.
(source from the phnompenh post newspaper, Tuesday, 19 October 2010 15:00 Soeun Say)
Tuesday, October 19, 2010
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- WiMAX debacle must prove a wake-up call
- Cambodian economy earns ‘mini-tiger’ recognition
- Orange People going global
- AsiaInfo-Linkage inks contract with Mfone
- South Korean tech standard adopted
- Visitors to Angkor Wat on the rise
- Outsourcing 'fair' tech trade
- Business secrecy a concern for organisers of econo...
- Trade with Malaysia rises after visit by Najib
- JICA sets out plan to help investors
- Cambodia: Budget draft 2.3bn for year 2011
- ASEAN focuses on logistics
- Tobacco-control law should be passed by 2015, offi...
- MFIs see loans, profits soar
- NBC puts Mobitel on notice over cash service
- Indochine Mining to raise millions
- Wireless “WiMAX” derailed in the Kingdom
- Air France eyes Cambodian skies
- Key corruption suspects identified
- Cambodia “future of world rice”
- Cambodia needs a sensible energy plan
- More tourists may not bring salvation
- IMF sees Kingdom on track to solid recovery
- Growth on KPMG's horizon
- Investing in social enterprise
- High prices in Cambodia: a taxing problem
- Go further with disclosure and embrace ETIT
- Get the booze balance right for your liver
- Work in Phnom Penh can be risky business
- The riel turns the corner, but devaluation continu...
- Little shop of horrors
- Mobitel under greater pressure to clarify Cellcard...
- Sex trend "surprising"
- Best start way for Cambodia bourse
- Road tax offenders could be fined: official
- Punishment drunken driver at night time in Phnom P...
- ▼ October (48)