{"id":24720,"date":"2021-08-09T10:00:04","date_gmt":"2021-08-09T03:00:04","guid":{"rendered":"https:\/\/www.asiapropertyawards.com\/?p=24720"},"modified":"2021-08-09T10:00:04","modified_gmt":"2021-08-09T03:00:04","slug":"suburban-living-trend-drives-developers-to-expand-outside-of-phnom-penh","status":"publish","type":"post","link":"https:\/\/www.asiapropertyawards.com\/en\/suburban-living-trend-drives-developers-to-expand-outside-of-phnom-penh\/","title":{"rendered":"Suburban living trend drives developers to expand outside of Phnom Penh"},"content":{"rendered":"

Chbar\u00a0Ampov, Meanchey, and Por\u00a0Senchey\u00a0are receiving continued interest from residential and\u00a0commercial\u00a0developers\u00a0<\/span>\u00a0<\/span><\/p>\n

\"\"
Meanchey district has largely drawn in businesses since the completion of Hun Sen Boulevard and the announcement of the AEON Mall\u00a03. BreizhAtao\/Shutterstock<\/figcaption><\/figure>\n

Phnom Penh\u2019s suburban districts are\u00a0experiencing the property market\u2019s outward expansion, particularly with residential and\u00a0commercial\u00a0developers, reported Khmer Times<\/a>.\u00a0<\/span>\u00a0<\/span><\/p>\n

The suburban living trend has driven residential developers to put interest in\u00a0Chbar\u00a0Ampov, Meanchey, and Por\u00a0Senchey,\u00a0as well as\u00a0commercial developments satisfying the rise of savvy shoppers.\u00a0<\/span>\u00a0<\/span><\/p>\n

Chbar\u00a0Ampov\u00a0has been a hotspot for Borey developments, condominium projects, and even a site of the USD2 billion Norea City project by the OCIC.\u00a0Meanwhile, Meanchey district has largely drawn in businesses since the completion of Hun Sen Boulevard and the announcement of the Japanese-brand mall\u00a0expansion, AEON Mall\u00a03.\u00a0<\/span>\u00a0<\/span><\/p>\n

Moreover, the Por\u00a0Senchey\u00a0is one of the latest\u00a0booming suburbs, seeing\u00a0its reputation as the airport district. It serves as the gateway for all arrivals from Phnom Penh International Airport, and it is one of the largest districts in terms of land area and\u00a0population.\u00a0<\/span>\u00a0<\/span><\/p>\n

The district houses dozens of\u00a0boreys, parks, schools, and major roads such as the Russian Federation Boulevard, National Road 3, and National Road 4, that lead to central business districts and provinces like Kampot and Sihanoukville.\u00a0<\/span>\u00a0<\/span><\/p>\n

As a result,\u00a0Por\u00a0Senchey\u00a0is now\u00a0realising\u00a0its potential as a commercial hub.<\/span>\u00a0<\/span><\/p>\n

In meeting the growing demand for a modern market, the Phnom Penh city government partnered with a\u00a0developer\u00a0to reconstruct the Old Market into a commercial\u00a0centre\u00a0with modern shopping conveniences.\u00a0<\/span>\u00a0<\/span><\/p>\n

More: Cambodia to develop smart cities for increased tourism and living standards<\/strong><\/a><\/p>\n

The new shopping\u00a0centre, the Century Plaza, will stand on top of the Old Market. Construction started in November 2019 and will feature six floors and two basement levels.\u00a0<\/span>\u00a0<\/span><\/p>\n

Each floor will host a range of goods and services, including a supermarket, food & beverage areas, retail stores, and office areas. Hotel rooms and services are planned to be included in the Century Plaza\u2019s development, due to its close proximity to the Phnom Penh International Airport.<\/span>\u00a0<\/span><\/p>\n

The Property Report editors wrote this article. For more information, email:\u00a0<\/span><\/span>propertyreport@propertyguru.com<\/span><\/span><\/a>.<\/span><\/span>\u00a0<\/span><\/span>\u00a0<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Chbar\u00a0Ampov, Meanchey, and Por\u00a0Senchey\u00a0are receiving continued interest from residential and\u00a0commercial\u00a0developers\u00a0\u00a0<\/p>\n","protected":false},"author":12,"featured_media":24721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[92,1],"tags":[2207,177,2206,2205],"class_list":["post-24720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-property-report","tag-booming-suburb","tag-cambodia","tag-commercial-hub","tag-por-senchey","news_country-cambodia","news_author-property-report"],"acf":[],"yoast_head":"\nSuburban living trend drives developers to expand outside of Phnom Penh | Asia Property Awards<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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