Introduction. Index of Previous development Plan (Permitted) TONLE SAP RIVER 5 MEKONG RIVER. 10km. 5km CBD. Airport. Vacant Land.
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1 Introduction TONLE SAP RIVER 5 6 MEKONG RIVER 10km 5km Size Land Use ,493,456 m2 No Limitations Railroad Airport CBD Status Index of Previous development Plan (Permitted) Vacant Land Usage : New Town Development Building Coverage Ratio : 20~70% Floor Area Ratio : 200~700% 4 Location North of Phnom Penh City Stretch north to south along with Road 6 which will be part of Mekong Economic Stream reaching North to HCMC, Vietnam 2 Riverfronts : Upper Mekong and Tonle Sap River 8km away from Phnom Penh CBD
2 Phnom Penh City Master Plan Phnom Penh Municipality still does not have fixed and detailed urban development plan yet and they have only conceptual land use plan drafted by French Urban Planning Study Group. It is easier to get an approval for certain development plan compare with other countries due to the absence of detailed plan and regulations in governmental authorities. Phnom Penh Master Plan 2020 Master Plan (by previous Owner) SITE : Housing ㆍ The site is located on housing area based on the land use plan of Phnom Penh Master Plan 2020 ㆍIt is suitable for the new city development or other residential compounds. ㆍ The site is already approved from government to be developed as a new city.
3 Developments around the site Currently several developments are under going around the site and it encourage the potential for development of the site. There are totally three golf courses in or around Phnom Penh, however the management conditions are very poor. Grand Phnom Penh Land size : 260ha New City Development Under going by Ciputra Garden City Garden City Land size : 1,000ha New City Development Under going by L.Y.P Group Grand Phnom Penh Golf Club (18 hole, 70ha, open in 2010~2011, 7km from downtown) Site CAMKO City Land size : 119ha New City Development Under going by Korean Company Royal Cambodia Phnom Penh Golf Club (200ha, 18hole, opened in 1999, 20km from downtown) Grand Phnom Penh CAMKO City Sunway City Mekong Condo Mekong Condo Total 146 units Borey Hapiness 18 F, 2 towers Sunway City Land size : 380ha New City Development Now on suspension Airport Downtown Borey Happiness Land size : 14ha Mixed Use Complex (Residential & Commercial) Cambodia Golf and Country Club (150ha, 18 hole, opened in 1996, 35km from downtown)
4 Improving Accessibility New Access Road Construction PREK NOV Bridge and Road ( under construction) Prek Nov Bridge SITE Prek Nov Road No. 6 Road (expansion) Developer : LYON PHAT Group. (Local) Location : 5km away from north side of the site in question Specification Bridge : L=1.5km, W= 14m, 4 Lanes Roads : L= 8.2km, W= 14m, 4 Lanes Expected completion : the end of 2010 Progress Under construction Road : Ground Working Outer Ring Road Expansion of Existing Road (National No.6) Expansion of No.6 Road ( Plan) Japan Cambodia Friendship Bridge The road is under planning for expansion by Phnom Penh Government L = 40km, W=20m, 4 Lanes Monivong St. (Main Steet) Downtown Area Norodom St. (Main Street) Improving Access through No.6 and No.5 Road with new roads construction o and expansion ( within 30min. from downtown)
5 Infrastructure Power Line Water Supply: Water Supply Lines are located 2.5km away from the site along the road No.6A Road (D 160mm). 149Ha Drainage and Sewage System: Main Line is installed 2.5km away from the site along the road No.6A Road. (D1,200mm) Drainage&Sewageareinthesamelineanddischargetoarea which is 2.5km far away from the site. Drainage line can be connected to canal in site and the waste discharge to septic tanks with treatment system and need to be pumped out when those tanks are full. Discharge Area for Waste Water Electrical Power: (EDC power supply) Maximum Capacity of 1,000KVA power line is already installed along the NH6a For consumption over 1,000kVA, additional transformer shall be needed. Water Supply Line Drainage and Sewage Line Road 6A EDC Substation: 1000KVA
6 Master Plan Concept 18 holes golf course & Fairway villas with canal, Green Town must be the best area for luxury leisure and living Lakeside (Town House) Canal Lake Gateway (Commercial) Water Front (Luxury Villa) Green Town (Golf & Fairway Vila) Riverside (Town House) Note : This is an initial conceptual design and can be revised.
7 2 The Property in Suburban Area (149ha) 2.6 Cadastral Map The same with the 6.8ha land in downtown, we ve got a cadastral map with registered coordinates. The exact size of the land can be obtained based on this cadastral map and coordinates without any confliction for adjacent lands.
8 The Ownership Structure Ownership Structure for foreign investors In Cambodia, foreign individuals or foreign entities can have land ownerships through establishing J/V company with local nominal partners. We have a single ownership on this land by this land holding company and It is common structure for foreign investors land ownership in Cambodia for their real estate development projects. GS PP GS PP Development Co., Ltd. GS PP is the land holding company that has the land ownership. GS E&C owns 49% of the shares and the local nominal partner owns 51% of the shares. Local Nominal Partner GS E&C Guaranteed Foreigners investing in our site will be provided with a local nominal partner guaranteed by GS E&C, if requested. * It is common for foreign investors to acquire a citizenship and establish a local corporation to purchase a land. 49% 51% Local Nominal Partner GS PP Title Transfer Provision & Guarantee from GS E&C SPC 49% Purchaser Title Forfeit Capital Loan 51% Local Nominal Partner
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