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Singapore developer to build luxury township near Cambodia’s new airport

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Jamille Tran

Published Tue, Feb 20, 2024 · 05:00 AM
    • Ng Aung San, founder and co-CEO of Sir Stamford Raffles Group, shows journalists the proximity between his firm's flagship township Marum Estate and Cambodia's Techo Takhmao International Airport, which is set to open in 2025.
    • Ng Aung San, founder and co-CEO of Sir Stamford Raffles Group, shows journalists the proximity between his firm's flagship township Marum Estate and Cambodia's Techo Takhmao International Airport, which is set to open in 2025. PHOTO: SIR STAMFORD RAFFLES GROUP

    [PHNOM PENH] Singapore-based real estate developer Sir Stamford Raffles Group (SSRG) is building a 22.6-hectare freehold township in Cambodia, a short drive away from the new international airport that’s under construction in the capital Phnom Penh.

    The flagship project called Marum Estate – located in Kandal province, just south of the capital – broke ground last October and is the size of roughly 35 to 40 football fields.

    The luxury mixed-use development is being built over eight phases and slated for completion in 2030. It will have 642 landed residences and 259 shophouses, along with retail, healthcare and educational facilities.

    AseanAsean BusinessCambodiaSpotlight

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