Logo of Phnom Penh Post newspaper Phnom Penh Post - French colonial homes retain lasting value

French colonial homes retain lasting value

French colonial homes retain lasting value

realestate-7.jpg
realestate-7.jpg

With fine details and high construction quality, colonial buildings are worth preserving as both cultural heritage and investments

Photo by: Tracey Shelton

The beauty and cultural interest of French colonial homes enhances their value.

WITH higher initial construction quality and unique decoration, French colonial-era buildings in Cambodia retain higher value over time than more modern buildings, say real estate experts and government officials.

Cambodian Economic Association President Chan Sophal said that the value of French colonial homes was higher than modern homes because of their beauty and cultural value.

 "These are very good houses compared to modern ones and would be much more expensive to build today," said Bonna Realty Group president and CEO Sung Bonna.

The values of older French homes, hotels and other structures were not dependent on the size of the building but on location and  decoration, Sung Bonna said.

He said that the Unesco building near the Royal Place, for instance, would be very valuable if it came on the market.

"That location is very good, and the price of land is US$3,000-$4,000 per square metre," he said.

Minh Kosony, secretary of state at the Ministry of Culture and Fine Arts, decried builders who destroy French colonial structures to make way for new construction.

She said that the French-era buildings were an important cultural heritage.

"If they destroyed the French colonial house, it means that they destroyed the Khmer culture," she said.

So Mara, secretary of state at the Ministry of Tourism, also noted that French colonial architectural heritage needed to be preserved because it was part of what made Cambodia attractive to tourists.

Phnom Penh Governor Kep Chuktema agreed that the architectural quality of French-era buildings made them interesting to both Cambodians and foreigners and said that the capital city was stepping up efforts to preserve these buildings as a state cultural heritage.

MOST VIEWED

  • Schools to be reopened in ‘three stages’

    With guidance from Prime Minister Hun Sen, the Ministry of Education, Youth and Sport, is in the process of reopening schools in three stages. But no timeline has been set, ministry spokesperson Ros Soveacha said on Thursday. Soveacha said the first stage will be to

  • Thai border crossings eased

    The Cambodian Embassy in Thailand said in an announcement on Wednesday that Thailand’s government has allowed certain passengers from several countries to enter its borders. The visitors must go back to their country immediately after their duties in Thailand are fulfilled, the embassy said.

  • Gov’t says tourism recovers slightly despite pandemic

    The Ministry of Tourism and the Phnom Penh municipal administration have recognised 33 tourism businesses in the capital which have consistently implemented safety measures for tourists and adhered to the code of conduct issued by the ministry. Recently, the ministry announced that tourism businesses had to

  • Mull ASEAN border opening, PM urges

    Prime Minister Hun Sen has requested that ASEAN launch a scenario for gradually reopening cross-border travel and trade between countries in the region. He said ASEAN has had more success combating Covid-19 compared to other regions. The prime minister’s request was made at the

  • Ministry reports 11 new Covid-19 cases, reiterates vigilance

    Minister of Health Mam Bun Heng has urged people to continue practising virus prevention techniques after 11 people tested positive for Covid-19 within two days after arriving in the Kingdom. Speaking on Sunday, Bun Heng stressed the importance of washing hands, wearing masks or scarves when

  • Nine on Indonesia flight Covid-19 positive

    The Ministry of Health on Saturday confirmed nine more imported cases of Covid-19. The nine ‒ eight Cambodians and one Indonesian, aged 22 to 26 ‒ arrived in Cambodia on Thursday via a direct flight from Indonesia and are receiving treatment at the Khmer-Soviet Friendship Hostipal in Phnom Penh.

  • Kingdom’s financial sector healthy

    Cambodia's financial sector remains on a sustainable growth path despite the Covid-19 pandemic squeezing crucial industries, National Bank of Cambodia (NBC) governor Chea Chanto said. Tourism, garments and footwear have borne the brunt of the Covid-19 impact, he said, whereas the financial and agriculture sectors

  • Vietnam told to remove border tents

    Kandal provincial governor Kong Sophoan has ordered local authorities to prohibit the construction of buildings in areas bordering Cambodia and to report any irregularities immediately. Recently, Vietnamese officials removed another seven tents from the border area with Cambodia. His remarks were made on Wednesday afternoon

  • Migrant workers set to return from Malaysia

    The Ministry of Foreign Affairs and International Cooperation confirmed on Thursday that 158 Cambodian students and migrant workers will fly home from Malaysia on Friday morning. This is the second flight to bring Cambodians home from Malaysia. A ministry notice said Malaysia Airlines Flight MH754 will

  • Cambodia to remain neutral on ASEAN-China territorial dispute

    Minister of Foreign Affairs and International Cooperation Prak Sokhonn told an informal meeting of ASEAN foreign ministers on Wednesday that Cambodia will stay neutral on the South China Sea. He appealed to all stakeholders to continue fostering a conducive environment that contributes to the end