Both of its residential towers will have a total of 851 units upon its completion.
Hong Lai Huat, on Dec 22, announced that the FY2022 had “posed a huge challenge” to its business in Cambodia with the rising risk of a global recession, inflation, rising bank interest and mortgage rates as well as other market uncertainties.
That said, the group says the main construction work for its second mixed-use project located at Toul Kork District, Phnom Penh, is “well on schedule” to be completed in FY2023, with 22 out of 28 floors completed.
