THE owner of the new Phnom Penh Golden Sorya Mall, which opened earlier this month on Street 51, said all 178 stores had already been let to tenants. Un Chiv said the US$1 million, 9,000-square-metre market targeted the lower and middle classes based on research showing that 70 percent of Cambodians were priced out of the market by department stores. Store rentals worked out at $12 per square metre per month, he said. In comparison, City Mall Shopping Centre charges between $40 and $65 per square metre each month, clothing vendor Rin Manith told the Post in October during a protest over high rentals at City Mall.
