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Tuesday, June 19, 2018

An Eden between two rivers

From something of a backwater less than a decade ago Chbar Ampov has become a residential area with a focus on leisure

JUST across the Bassac River, but not far from the city centre, Chbar Ampov district is fast becoming one of the most popular residential areas in the capital as Phnom Penh’s urban sprawl continues.
Despite the need to further develop services and infrastructure, the area is nevertheless attracting developers and private builders keen to take advantage of the relatively cheap land rates and abundant greenery.
“It is an area with great natural advantage including the Bassac and Mekong rivers and many trees,” said Kim Heang, president of the Cambodian Valuers and Estate Agents Association (CVEA). “The natural surroundings are healthy and make people want to live there.”
Located along National Road 1, Chbar Ampov is sub-divided into eight “sangkats” – Prek Pra, Chbar Ampov 1, Chbar Ampov 2, Nirouth, Kbal Koh, Prek Eng, Prek Thmei and Veal Sbov – and now home to some 140,000 people.
A decade ago the area was very much considered a rural district – albeit neighboring the capital – but interest picked up after the launch of the first borey projects.
Since then several other developers have already started or announced plans to build in the area – not least Oxley-Worldbridge, who last week unveiled their design for the luxury The Palm project, complete with a marina, canals and an artificial beach.
“A lot of residential borey projects in Chbar Ampov such as Borey Heng Meanchey, Borey Sambath Meanheng and Borey Hi-Tech Luxury have been very successful,” said Yim Socheat, CEO of CDN Property. “In general, the area sees more residential than commercial projects.”
One recent home buyer is Tob Sreymeng, an accountant, who recently moved into a house in Borey Penh Huoth, Sangkat Nirouth.

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