Having already completed three projects – Urban Loft, Factory Phnom Penh and Urban Village Phase 1 – Hong Kong developer Urban Hub Cambodia remains on track to deliver its latest.
Urban Hub Cambodia continues to “deliver dream homes” to the Cambodian market despite the unprecedented challenges brought by the Covid-19 pandemic.
Catherine Chan and Ben Li – the founders of Urban Village and Factory Phnom Penh – credit the multiple award-winning developer’s ability to rapidly adapt for its success in navigating the fallout from the global health crisis.
“As we all know, Covid-19 has affected almost everyone across the world, and like many others, Urban Village was also affected by the pandemic.
“However, what made us different and manage to continue our operations is that we were really quick to adapt to the ‘new normal’ across all departments, from operations to administration.
“While many projects across the city ceased operations and construction, the development of our Urban Village Phase 2 project has continued as usual, and we are on the right track to deliver dream homes to our clients on time,” said Catherine, who is also the executive director of Urban Village and Factory Phnom Penh.
Despite the pandemic, Urban Village has built new facilities including “Retail Street” – a collection of various business stores – a swimming pool and a new walkway connecting with Hun Sen Boulevard. The first pet park along Hun Sen Boulevard has also been created.
Before the pandemic struck, Urban Village was proving incredibly popular, with Phase 1 sold out in just nine months and Phase 2 over 80 per cent sold, and this has hardly been impacted.
“Many people would think that the global pandemic would slow down the sales of properties on the market, but in fact quite the opposite is true.
“Many real estate investors and property seekers decided to take this opportunity to buy and invest, because it is a great time to invest since a lot of projects offer discounts with competitive terms and conditions.
“At Urban Village, our sales have continued to rise as of now. Our Urban Village Phase 2 has sold more than 80 per cent, while all our penthouses sold out within only two weeks after the official announcement of sales opening,” said Ben, who is also chairman of Urban Village and Factory Phnom Penh.
And the eye for detail and professional mindset that has seen Urban Village negotiate the pandemic difficulties is reflected in the highest construction standards adhered to and numerous awards won – including “Best Mixed-Use Architecture” and “Best Mixed-Use Development” at the recent International Property Awards Asia Pacific Region 2021-2022.
“We have brought to Cambodia with us the world-class standards and quality of modern condominium development from Hong Kong because our commitment is to building good loving homes for the next generation of Cambodian people.
“We are proud to be a fully licensed real estate developer which has been recognised by all the relevant Cambodian bodies and ministries that oversee the country’s property development sector.
“We are one of the only few companies that hire third-party consulting firms to manage our projects, including Cole Atelier, Oliver Ho & Associates, Meinhardt, Buro Happold, CominKhmer and more,” Catherine said. And this all brings peace of mind to Cambodia’s home buyers.
“It is vital to choose a reliable condo developer to prevent investing in dodgy developments and abandoned projects, especially during the pandemic. Even during this ongoing pandemic, we have managed to add a lot of new facilities on our site, with more and more new restaurants and shops opening, including the famous quality convenience store Aeon Max Value.
“We want to ensure our clients that we are building a place for people to proudly call home, and on top of promoting our projects, we spend a lot of time and effort to teach potential buyers how to buy the right project, focusing at all the main factors that they need to look at before making the decision.
“We have a good track record of delivering the units on time. Urban Village Phase 2 is our fourth project, and we have already successfully completed three others – Urban Loft, Urban Village Phase 1 and Factory Phnom Penh,” Ben said.
Fully licensed and with world-class amenities, high quality construction and attractive design, while right next to the region’s biggest creative arts hub, Urban Village clearly stands out from other condominium developments in Phnom Penh.
Close to the city centre, international schools, hospitals, malls and the embassy zone, with two main entrances via Samdech Hun Sen Boulevard and National Road 2, the development also boasts the biggest walkable community and green space, with 100 per cent ventilation and natural light.
With its motto of “Live, Work and Play”, Urban Village is clearly more than just a place to live, and its artful blending of so many top-quality facilities makes buying an apartment in Urban Village an attractive prospect.
“We have a clear goal in each of our projects. We don’t want to just build a building, make a profit and then leave the country. We have a long term goal and we want to make sure our projects really benefit the people of Cambodia and help ease the rapidly rising demands of urbanisation.
“We want to develop a place where families and individuals can really build a bright future, therefore we have a kindergarten, office space, co-working spaces, gyms, restaurants, entertainment and much more.
“We want to create a long-lasting community where the residents enjoy, at 760,000sqm, the biggest mixed-use project along Hun Sen Boulevard – somewhere people can truly live, work and play all in the same place,” Catherine said.