Founder Ng Aung San (centre) and senior management shovel sand to mark the start of construction. PHOTOS SUPPLIED
In the heart of Cambodia's rapidly transforming and burgeoning Kandal province, Sir Stamford Raffles (Cambodia) Co, Ltd has set another milestone with the groundbreaking ceremony for Marum Estate – its multiple award-winning township and mixed-use development.
Beyond marking the inauguration of construction work, the groundbreaking on October 4, 2023 was a celebration of the developer’s incisive vision, courage, tenacity and unwavering commitment to Cambodia's boundless opportunities.
Visionaries transforming Cambodia's landscape
Seven years ago, a group of visionary business leaders set their sights on Cambodia. They saw a land ripe with potential and steadfastly embarked on a journey that has now culminated in an unparalleled residential and commercial development.
Years in the making, Marum Estate is set to reshape Cambodia’s real estate landscape, and herald a new era in peerless housing architectural and landscape design not seen but long desired by Cambodia’s discerning residents, families and business owners.
Marum Estate: Strategically located to take full advantage of the boundless potential of Kandal’s rapid transformation
The groundbreaking ceremony therefore marked not only the beginning of construction, but also the tangible realisation of a vision that foresaw, way back in 2016, the phenomenal continuing transformation of Kandal province, sustained by the brand new Techo Takhmao International Airport, a Class 4F airport slated to be a key international transit hub.
Nestled just off National Road 2, in the tranquil embrace of Tonle Bati district and located just 12km from the new airport, discerning early buyers of Marum Estate will be best positioned to take full advantage of the significant capital appreciation and convenience from:
• The numerous ancillary business, commercial and logistics facilities, and amenities that will increasingly come online;
• The host of international and local retail and F&B offerings at and around the new airport (now more than 50 per cent complete) when it is operational in early 2025 – in perfect timing with the completion of Phase 1 of Marum Estate;
• The greatly improved connectivity with National Roads 2 and 3, Ring Road 3 and the planned Ring Road 4.
Ng Aung San, Founder and Group Co-CEO of Sir Stamford Raffles Cambodia expressed his excitement, hailing the development as a "significant milestone".
"This groundbreaking ceremony marks more than a literal ‘breaking of ground' – indeed it represents a significant milestone in our ceaseless journey in breaking new ground and delivering to the Cambodian market a distinctive award-winning and sustainable home and community in a rapidly transforming province.
"We are excited to have our discerning esteemed guests catch and share this vision, and take full advantage of the immense growth opportunities for themselves and their families, now and for the next generation, ” said Ng Aung San.
Phebe Len, another Founder and Group Co-CEO of Sir Stamford Raffles Cambodia, added: "The groundbreaking ceremony is not just about initiating construction – it's about laying the foundation for a community that embodies our commitment to sustainable living and modern design.
Marum Estate: Pioneering the future of Cambodian real estate
Since clinching four honours at the 2023 PropertyGuru Cambodia Property Awards, the project has received numerous inquiries and expressions of interest. As interest and anticipation mounts, Marum Estate looks forward to formally welcoming bookings later this year.
And with this groundbreaking, a new era of real estate begins in Cambodia – a future in which Marum Estate stands as a beacon of excellence and creativity.
