Phnom Penh's "Gold Tower" to be finished in 2019

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timmydownawell
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by timmydownawell » Sat Jan 26, 2019 1:26 pm

Element6 wrote:
Fri Jan 11, 2019 9:21 am
I also noticed it was getting some gold on the lower floors. my imagination is not good enough to envision how beautiful it will be when finished...….
Here you go:

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No matter how much it rains, the dirt never washes away.
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by Element6 » Tue Jan 29, 2019 12:32 am

timmydownawell wrote:
Sat Jan 26, 2019 1:26 pm
Element6 wrote:
Fri Jan 11, 2019 9:21 am
I also noticed it was getting some gold on the lower floors. my imagination is not good enough to envision how beautiful it will be when finished...….
Here you go:

Image
That may well look better than the real thing when it Is finished.....
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by CEOCambodiaNews » Tue Jan 29, 2019 9:32 pm

January 28, 2019
Gold Tower 42 to be completed by 2020
After years of delays in construction, building Gold Tower 42 is scheduled to be completed in early 2020, according to the developer.

Liu Nianxin, CEO of Hongtao Decoration, said that Hongtao Weimin has constructed the high-rise project in Phnom Penh in partnership with Hongtao and Macau’s Weimin Architecture.

Yon Woo Cambodia – the company that owns the building – reached an agreement in November in 2017 with Shenzhen Hongtao Decoration and Weimin Construction & Engineering, which will be in charge of completing the project.

The 42-storey building is located in the heart of Phnom Penh, on the intersection of Monivong and Sihanouk boulevards.

The project began in 2008 and has already been delayed three times: first in 2009, following the global financial crisis, and again in 2012. Construction resumed in 2013 and then stopped again in 2017.

Yon Woo Cambodia announced last year that Gold Tower 42 construction has already cost $100 million so far and another $140 million will be spent to complete the whole project.
https://www.khmertimeskh.com/50572992/g ... d-by-2020/
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by CEOCambodiaNews » Tue May 21, 2019 1:26 am

Cambodia: Yesterday, 19 May 2019, Gold Tower posted on social media that according to their estimations they will be open for business in April 2020.
Good evening from Gold Tower
Floors : 2 x 47
Height : 211.5m
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by CEOCambodiaNews » Fri May 24, 2019 8:17 pm

UPDATE: The estimated completion date for the Gold Tower is now June 2020. The sale of 615 units in the tower begins in June 2019.

City’s tallest Gold Tower 42 property sales begin in June
24 May 2019 | 09:56 ICT
The Gold Tower 42 will launch the sales of its properties in June this year, about a year before the completion of the building, which is considered the tallest structure in the capital, at least for the moment.

After several delays, the construction of the mixed commercial and residential project is right on track now and scheduled to be completed in June 2020 by South Korean developer Yon Woo.

“The estimated completion date will be end of June, 2020. The structural works have been completed, the external facade [glass curtain wall], the mock-up rooms [show rooms] and the elevators installation works are in progress,” Kim Kyowon, executive managing director of Yon Woo Cambodia Co., Ltd told The Post in an interview recently.

Two years after the project kicked off in 2008, construction hit a snag due to international financial crisis. However, works resumed in 2018, added Kim.
“We will start to sell in June and a total of 615 units will be available for sale,” he added.
https://www.phnompenhpost.com/post-focu ... begin-june
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by John Bingham » Fri May 24, 2019 8:39 pm

CEOCambodiaNews wrote:
Fri May 24, 2019 8:17 pm
Two years after the project kicked off in 2008, construction hit a snag due to international financial crisis.
As far as I remember it was more to do with some Korean firm running a ponzi scheme?
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Re: Phnom Penh's "Gold Tower" to be finished in 2019

Post by CEOCambodiaNews » Fri May 24, 2019 8:45 pm

John Bingham wrote:
Fri May 24, 2019 8:39 pm
CEOCambodiaNews wrote:
Fri May 24, 2019 8:17 pm
Two years after the project kicked off in 2008, construction hit a snag due to international financial crisis.
As far as I remember it was more to do with some Korean firm running a ponzi scheme?
That was a quote from the Phnom Penh Post.
https://www.phnompenhpost.com/post-focu ... begin-june
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