LA Vie Residences, a 17-floor condominium project located on Chroy Changvar Peninsula along National Road 6 has officially been listed on the market since last Tuesday, March 24.
Darren Yap, Director of Yuen Development, the firm behind the joint Singaporean and Cambodian venture, said that Chroy Changvar Peninsula has become an increasingly fertile place for investment due in part to its proximity to the city centre, while also being isolatated from the capital’s heavy traffic.
“Yuen Development is a residential and mixed-use developer that focuses on quality and design. The La Vie Residences will bring with it the Singaporean standard design,” said Yap adding the company plans to begin two new projects in the coming years.
“The potential for future development on the peninsula, is what encouraged our company to invest in La Vie Residences,” he said.“Chroy Changvar is a good location because it is sandwiched between two rivers that produce fresh and cold air.”
Before officially going on the market, 60 per cent of the180-unit building had already been sold, according to Katrina Karim, CEO of the public relations company Private Limited.