Logo of Phnom Penh Post newspaper Phnom Penh Post - Colonial Mansions becomes Central Mansions



Colonial Mansions becomes Central Mansions

Colonial Mansions becomes Central Mansions

Developer Hongkong Land has launched Central Mansions, a newly rebranded collection of serviced apartments and penthouses, in the heart of Phnom Penh’s commercial district, just to the north of Vattanac Tower.

The refurbished Central Mansions, which was previously known as Colonial Mansions, will offer 101 serviced apartments in two towers, with five luxury penthouses.

Leading members of the business community attended the launch event and Mr Y K Pang, chief executive of Hongkong Land, officiated at the ceremony.

Addressing guests at the ceremony, Pang said, “Hongkong Land is proud to make its mark here in the heart of Phnom Penh’s commercial district in line with our strategy of developing prestige properties in the cities where we invest.  We believe the Cambodian property market offers significant opportunities which will attract long-term institutional capital and international occupiers.”

Central Mansions is Hongkong Land’s first project since the company entered the Phnom Penh market in November 2011 with the purchase of a portfolio of properties. In 2011 the company paid $33.65 million for the portfolio of properties, and it has spent an additional $4.6 million on the refurbishment of the 12-year-old building.

The renovations began in June 2012 and it will not be fully completed until August this year, but the first phase is now finished. As well as a convenience store and a restaurant, Central Mansions offers residents a gym, two swimming pools, a crèche area and super-fast broadband internet.

The prices of the units ranges from $1,600 a month for a one-bed, $2,700 a month for a two-bed, $2,950 a month for a three bed, and up to $5,800 month for the penthouses.

The company is also developing a shopping mall and office complex nearby, which will break ground in the second quarter of this year. Hongkong Land is in the tendering process at the moment, and it is intended to be completed in 2016.

MOST VIEWED

  • Cambodia to waive quarantine requirements Nov 15, no PCR test required

    Prime Minister Hun Sen has decided to lift all quarantine requirements for fully vaccinated travellers and visitors – both Cambodians and foreign nationals – effective from November 15 onward. In a special message addressed to officials and relevant authorities on November 14, Hun Sen said this policy will enable

  • PM: No more quarantine for vaccinated travellers

    Cambodia is lifting all quarantine requirements for vaccinated inbound travellers entering Cambodia by air, waterway or land border checkpoints effective from November 15. Travellers will be required to take a rapid antigen test on arrival rather than waiting for the results of the lengthier polymerase chain

  • No payment required for travellers taking rapid Covid tests on arrival

    Ministry of Health officials said there would be no payment required for the rapid Covid-19 tests given to travellers who arrive in Cambodia from November 15 onwards after the quarantine requirement is lifted for fully vaccinated people. Health ministry spokeswoman Or Vandine told The Post on

  • General’s gun smuggling ring busted

    The Military Police sent six military officers to court on November 22 to face prosecution for possession of 105 illegal rifles and arms smuggling, while investigators say they are still hunting down additional accomplices. Sao Sokha, deputy commander of the Royal Cambodian Armed Forces and commander of

  • More Cambodians studying in US

    The number of Cambodian students studying at US colleges and universities in 2020-21 increased by 14.3 per cent over the previous year despite the Covid-19 pandemic, according to a recent US government report. The 2021 Open Doors report on International Educational Exchange showed that 848 Cambodian students studied

  • Cambodia, Thailand to discuss border reopening

    Cambodian authorities from provinces along the Cambodia-Thailand border will meet with Thai counterparts to discuss reopening border checkpoints to facilitate travel, transfer of products and cross-border trade between the two countries. Banteay Meanchey provincial deputy governor Ly Sary said on November 22 that the provincial administration