Saturday, September 26, 2015

HLH Group launches D'Seaview mixed development project in Sihanoukville

HLH Group, the agricultural and property group, is unveiling its first housing project in Cambodia in conjunction with the Saturday launch of its CAMHOMES brand of properties.

Called D’Seaview, the mixed-development project will be built in the port city of Sihanoukville.

Located near the popular and scenic Sokha Beach, D’Seaview will occupy a land area of 9818 sqm and have a total of 735 residential units, comprising 250 one-bedroom, 299 two-bedroom, 184 three-bedroom and two duplex units. Prices will start from US$33,000 per unit ($7,372 per unit) onwards. The seafront development will also have commercial space for a range of retail services.

The freehold project is now open for potential buyers to apply for the units.

Construction for D’Seaview is expected to begin by the year-end, will be completed in slightly more than two years.

HLH says CAMHOMES will focus on developing quality and affordable housing catering mainly to young couples and young entrepreneurs. It will offer both full condominium and prime apartments in three key cities: Phnom Penh, Siem Reap and Sihanoukville before eventually fanning out to other provinces in Cambodia. The group plans to develop a total of 5,000 prime apartments and executive condominiums units in these three key cities by the end of next year.

HLH last traded at 1.1 cents.

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