![]() Sales for the condo units are to be launched in March.Ĭondos will be priced between $1,400 to $2,000 per square metre, but the shophouse prices remain undetermined, said Kung. “For the last few years there have been many residential projects there.” “I opted to invest in such a big project because Takhmao is a favourable area with good geography and environment, while the areas near the Tonle Basac river are seeing high yearly population increases,” he said. ![]() Interiors for the development are to be imported from France, Germany, and Singapore, while the buildings will also be built with added measures to prevent earthquakes and other natural disasters, said Tang Kung. Residential units will make up the seventh to the 27th floor, and each tower will be topped off by a Sky Bar with dining options to boot. The two condo buildings make up 552 units in total, and each tower will have a business centre from the ground to the fifth floor, while the sixth will feature a swimming pool, gym, and sauna. The 15,463 square metre project is located near the Tonle Bassac riverfront in Takhmao city on land that already belongs to RCC. Tang Kung, chairman of Tang Kung Group and CEO of RCC, said that construction on the project would begin soon. The luxury development includes a supermarket and two 27-storey condominum buildings sandwhiched by 68 shophouses. River Center City is a joint venture between local company RCC and a yet-to-be-announced Malaysian company. ![]() The River Center City project, located in Phnom Penh’s southern commuter hub of Takhmao, is slated to be finished by 2018.Īs Phnom Penh expands further south along the grassy banks of the Tonle Bassac river, a $100 million residential and commercial hub has been announced for Takhmao city in 2018. ![]()
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