Sihanoukville: The building boom continues

[geovalin]

Sihanoukville, a fast-developing urban area that hosts Cambodia’s sole deep-water seaport, is experiencing a building boom rivalled only by touristy Siem Reap and the Kingdom’s capital city of Phnom Penh. In the last 3 years, more than 200 residential, commercial, and mixed-use development projects went up in different parts of Sihanoukville.

 

Most of these projects were condominium/apartment complexes, hotels, resorts, and malls. In 2017 alone, the Sihanoukville Land Management Department approved 51 construction projects. These developments have transformed the once sleepy backpacker paradise into one of the most developed areas of the country.

 

This week, a topping–up ceremony will be held for the newly-completed D’Seaview, a major condominium complex in Sokha Beach. Developed by a Singaporean firm, HLH Group, D’Seaview is composed of 737 residential and 67 commercial units.

 

read more https://www.khmertimeskh.com/category/national/

 

 

-- © Copyright Khmer Times 27/06

[phantomfiddler]

Everyone I know who has recently visited Sihanoukville came back with the same story. They would never go back there ! A resort town destroyed ?

[RT555]

Money grabbing Thais, All for the Chinese, prices have quadrupled. 

 

[grkt]

And soon Chinese are killing Kampot...

[Ulic]

I have no idea how they are going to fill these hotel rooms. I see this ending very badly

for the Chinese investors. Nothing for Chinese tourists to do or gawk at (Walking Street)

Vietnam is cheaper and has better infrastructure if you want a beach vacation. 

I am sure many officials are going to make off like bandits but I don't see the locals

benefitting from anything after the construction boom. Just maintenance of empty condos

and hotels. You would think the Chinese would know better with the numerous ghost cities

in China, but apparently not. The fear I would have is the whole boom stops mid construction

leaving ghost buildings amongst the completed. We shall see.

[neeray]

Somebody seems to have done a great selling job. Must have been the same person who "sold snow to an Eskimo".

[Troebal]

I lived there from 1996 through 1998. It was a quiet little town. The resident western expat population was 7 people. Couple of the best years of my life. Clean, mostly empty beaches, good food, developed a taste for Angkor beer and made lots of friends among the local people. 

[quandow]

13 hours ago, phantomfiddler said:

Everyone I know who has recently visited Sihanoukville came back with the same story. They would never go back there ! A resort town destroyed ?

I visited a friend working there about 5 years ago. It was an ARMPIT! At one restaurant, a nest of ants was residing in the ketchup bottle.

[phycokiller]

5 hours ago, Ulic said:

I have no idea how they are going to fill these hotel rooms. I see this ending very badly

for the Chinese investors. Nothing for Chinese tourists to do or gawk at (Walking Street)

Vietnam is cheaper and has better infrastructure if you want a beach vacation. 

I am sure many officials are going to make off like bandits but I don't see the locals

benefitting from anything after the construction boom. Just maintenance of empty condos

and hotels. You would think the Chinese would know better with the numerous ghost cities

in China, but apparently not. The fear I would have is the whole boom stops mid construction

leaving ghost buildings amongst the completed. We shall see.

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