The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source

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

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    [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.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    AseanAsean BusinessCambodiaSpotlight

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More