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Capital’s satellite city keeps expanding


geovalin

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The fourth phase of the Grand Phnom Penh International City – a project that has been under construction for over 10 years – broke ground on Saturday, injecting $10 million into the satellite city to build an additional 300 housing units. The Grant Phnom Penh International City, one of several satellite cities being raised around the capital, is being developed in seven stages, with three of them already completed.

 

Yeok K. Foo, project director of Grand Phnom Penh International City, said during the ground-breaking ceremony for the new phase that housing units would be on sale as soon as construction began. “The new phase comprises flats, which have proven very popular inside the city project,” he said.

 

“The reason we are building more apartments is because demand has been on the rise since the extension of Hanoi Road, with prices increasing since we launched the earlier phases two years ago,” Mr Foo said. Nature will continue to play a central role in the new phase, which will have natural lakes, he said. There will also be swimming pools and fitness facilities.

 

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-- © Copyright Khmer Times 04/12

 

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