Property developer Borey Peng Huoth is diversifying its portfolio, revealing plans to venture into retail via a mall development which is scheduled to be finished at the end of 2019.
According to Pao Lyvorn, a marketing officer at Borey Peng Huoth, the shopping centre, set to be called Diamond Plaza, will be established in the Chak Angre Krom commune as part of a wider mixed-use project named The Star Diamond. The entire project will span 2.4 hectares.
Lyvorn said the investors behind Borey Peng Hout had teamed up with a well known Singaporean firm for the interior design phase of The Star Diamond and the Diamond Plaza mall, with Lyvorn adding that there would be a strong emphasis on a “natural outdoor setting”.
Construction is tipped to begin at the end of November with works scheduled to be completed by the end of 2019.
The two-storey shopping mall will be packed with a wide range of boutiques, galleries, cafes, restaurants. Of course, no new mall in Phnom Penh would be complete without a cinema.