Logo of Phnom Penh Post newspaper Phnom Penh Post - More residents accept White Building offer

More residents accept White Building offer

The White Building in Phnom Penh yesterday.
The White Building in Phnom Penh yesterday. Hong Menea

More residents accept White Building offer

More than half of the families living in the soon-to-be-razed White Building have now agreed to compensation offers from the Ministry of Land Management, after 71 more families accepted the offer of $1,400 per square metre yesterday. In all, 493 families live in the building, which was designed in 1963 as a low-cost housing project.

Minister Chea Sophara told residents on Friday that $1,400 per square metre would be the highest offer from Japanese firm Arakawa Co, which is developing a 21-storey mixed-use structure at the site.

White Building residents look at the streets as it rains yesterday in Phnom Penh.
White Building residents look at the streets as it rains yesterday in Phnom Penh. Heng Chivoan

Hue Chenda, deputy director at the ministry’s Housing Department, said in all 262 families have agreed to compensation, adding that such processes tend to see an initial surge of willing signatories but then often slow down.

Nhem Sovan, a village chief of the building, said he expected 90 percent of residents under his jurisdiction to sign up for the offer, but expected those on the ground floor, with smaller plots, to hold out given the small payout they would receive.

Mean Phirum, who signed the agreement yesterday, said the price offered by the ministry was fair and that he already owned a plot of land where he can relocate.

MOST VIEWED

  • Ethnic group ‘disappointed’ to be denied French visas to attend court

    Eleven people at the centre of a case involving seven indigenous Bunong villages in Mondulkiri province pursuing legal action in France have expressed disappointment after the French embassy in Phnom Penh denied their visa applications to attend court. A press release said the 11 included a

  • Cambodia nabs 12th place in best retirement destinations

    Cambodia is an expatriate hotspot for those dreaming of living a more luxurious lifestyle at an affordable cost, according to International Living’s Annual Global Retirement Index 2019. For the fourth year in a row, Cambodia took the top spot in the Cost of Living category.

  • EU starts EBA withdrawal

    The EU on Monday announced that it has begun the 18-month process of withdrawing the Kingdom’s access to its preferential Everything But Arms (EBA) agreement over “a deterioration of democracy [and] respect for human rights”. However, the Garment Manufacturers Association of Cambodia (GMAC) said

  • PM: War result of foreign meddling

    Prime Minister Hun Sen said on Sunday that Cambodia’s recent history of conflict was caused by foreign interference. “The wars that happened were caused by provocation, incitement, support, smearing and interference from foreign powers, and the group of ignorant people who pushed Cambodia to