In Cambodia Even the Well-Off Get Done Over by the Truly Rich
Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
Yeah, that's it. Grand Phnom Penh. I used to date a girl who worked in their legal department 10 years ago. What a sexual dynamo she was.....but that's a story for another time.Anchor Moy wrote: ↑Thu Oct 01, 2020 2:53 pmI hope they've named the borey something like Lakeside View.Brody wrote: ↑Thu Oct 01, 2020 8:59 amNot really. Possibly one of the big selling points of this borey was the lake and the proximity to and view of it.
I think the homeowners had a reasonable expectation that once they bought into the borey, no major changes to the landscape would occur............at least without discussion / consultation with the homeowners.
This is why gated communities in the west have homeowners associations. So that unilateral decisions drastically changing the landscape cannot go ahead unabated.
Edit to add - Is this the same place ? There's a golf course and a central park.
post430742.html?hilit=chip%20mong%20park#p430742
I think CM could have handled the home owners issues a little more tactfully. Having armed thugs stomp around ripping down signs from gated homes and threatening to cut electricity is not a good optic.
Park.....lake.........pond.........whatever. Changes like this can effect property value so the existing home owners have a good argument for being concerned about what is going on.
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Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
lolCEOCambodiaNews wrote: ↑Wed Sep 30, 2020 3:27 pm The company plans to transform the pond into a mixed green park with lots of trees, a gym, a children's play area, called “Central Park.”
are they planning to charge entry fees?
that must have been the cash-cow idea that attracted chip munk to buy the borey
.
monstra mihi bona!
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Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
More on this dispute in the Khmer Times 19/10/2020:
Chip Mong says:
According to Chip Mong Land, the land and the lake now belong to the company and have been clearly stated as being “construction land”. It said the previous owners also confirmed that the lake was a site that had been excavated to create a waterway for the golf course.
In its statement, the company said it has examined the residents’ contract with the original owners and found nothing that states that the lake could not be modified for future development. The claim made by the 140 residents, it added, is based on the master plan which was advertised on the flyers printed and distributed by the previous owners in order to sell the properties, without any legal document.
Phnom Penh Governor says:
In the meantime, Phnom Penh governor Khuong Sreng has rejected a request from 140 residents in Grand Phnom Penh International Satellite City to stop Chip Mong Land from filling up the lake.
Sreng sent a letter to the 140 residents saying that after receiving the written request from the residents, City Hall officials went to examine the area.
“The officials found that the pond is on private land legally owned by Chip Mong Land which bought it from YLP Group, so the authorities cannot intervene in the case,” he said.
Residents of Grand Phnom Penh International Satellite City say:
Nevertheless the residents have claimed filling up the lake in Grand Phnom Penh International Satellite City will violate several articles in Sub-decree No. 39 on Property Developer Management, issued and signed by Prime Minister HE on March 10, 2011 and the Prakas on the Real Estate Development Business issued and signed by the Minister of Economy and Finance dated January 20, 2020.
Article 7 in Sub-decree No. 39 states that borey developers, before requesting for approval on the overall plan of the borey, shall consult with relevant authorities to reach prior agreement in order to ensure compliance with general land use regulations or land use plan, if any, and they may not change the overall plan of the borey which is already officially approved by the Ministry of Land Management, Urban Planning and Construction, without permission from the Ministry.
Meanwhile, Article 9 of the sub-decree says: “Public space, garden, entry-exit way, common service space and walls of boreys shall be registered as indivisible ownership of the co-owners in the borey for common use by all owners except for private spaces or private gardens which form parts of separate private lots, residential lots, and other construction land in accordance with the officially approved overall plan of the borey.”
Also, Point B of Article 12 reveals that any decision related to the modification of the plan shall require 75 percent majority votes of all owners, meaning that the company cannot make the decision per se unilaterally.
In addition, the Prakas on the Real Estate Development Business, in Article 20, says that, “the advertisement of a real estate development project, which is fraudulent, not in good faith, deceptive by promises of gifts and impressions that are attractive but not given as promised, misleads or harms the public interest, is strictly prohibited.”
The lake has also been specifically marked as “to be preserved” in Sub-decree 181 of the Phnom Penh Land Use Master Plan for 2035, dated December 23, 2015.
Full article: https://www.khmertimeskh.com/50774368/v ... velopment/
Chip Mong says:
According to Chip Mong Land, the land and the lake now belong to the company and have been clearly stated as being “construction land”. It said the previous owners also confirmed that the lake was a site that had been excavated to create a waterway for the golf course.
In its statement, the company said it has examined the residents’ contract with the original owners and found nothing that states that the lake could not be modified for future development. The claim made by the 140 residents, it added, is based on the master plan which was advertised on the flyers printed and distributed by the previous owners in order to sell the properties, without any legal document.
Phnom Penh Governor says:
In the meantime, Phnom Penh governor Khuong Sreng has rejected a request from 140 residents in Grand Phnom Penh International Satellite City to stop Chip Mong Land from filling up the lake.
Sreng sent a letter to the 140 residents saying that after receiving the written request from the residents, City Hall officials went to examine the area.
“The officials found that the pond is on private land legally owned by Chip Mong Land which bought it from YLP Group, so the authorities cannot intervene in the case,” he said.
Residents of Grand Phnom Penh International Satellite City say:
Nevertheless the residents have claimed filling up the lake in Grand Phnom Penh International Satellite City will violate several articles in Sub-decree No. 39 on Property Developer Management, issued and signed by Prime Minister HE on March 10, 2011 and the Prakas on the Real Estate Development Business issued and signed by the Minister of Economy and Finance dated January 20, 2020.
Article 7 in Sub-decree No. 39 states that borey developers, before requesting for approval on the overall plan of the borey, shall consult with relevant authorities to reach prior agreement in order to ensure compliance with general land use regulations or land use plan, if any, and they may not change the overall plan of the borey which is already officially approved by the Ministry of Land Management, Urban Planning and Construction, without permission from the Ministry.
Meanwhile, Article 9 of the sub-decree says: “Public space, garden, entry-exit way, common service space and walls of boreys shall be registered as indivisible ownership of the co-owners in the borey for common use by all owners except for private spaces or private gardens which form parts of separate private lots, residential lots, and other construction land in accordance with the officially approved overall plan of the borey.”
Also, Point B of Article 12 reveals that any decision related to the modification of the plan shall require 75 percent majority votes of all owners, meaning that the company cannot make the decision per se unilaterally.
In addition, the Prakas on the Real Estate Development Business, in Article 20, says that, “the advertisement of a real estate development project, which is fraudulent, not in good faith, deceptive by promises of gifts and impressions that are attractive but not given as promised, misleads or harms the public interest, is strictly prohibited.”
The lake has also been specifically marked as “to be preserved” in Sub-decree 181 of the Phnom Penh Land Use Master Plan for 2035, dated December 23, 2015.
Full article: https://www.khmertimeskh.com/50774368/v ... velopment/
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Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
Anyone got links to that plan? I had one from 2010 but only a hard copy and I lost it. I don't remember much other than ring-roads and bridges being carried out according to the plan.CEOCambodiaNews wrote: ↑Tue Oct 20, 2020 9:32 pm The lake has also been specifically marked as “to be preserved” in Sub-decree 181 of the Phnom Penh Land Use Master Plan for 2035, dated December 23, 2015.
Silence, exile, and cunning.
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Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
Does anyone really think that this will stop Chip Mong ?
Only Iron Man has the power to stop Chip Mong.
If HE wants to.
Only Iron Man has the power to stop Chip Mong.
If HE wants to.
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Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
Sounds like the previous land owners sold a pup to their customers and then to C.M, lol
Re: In Cambodia Even the Well-Off Get Done Over by the Truly Rich
The pups all grown up now, these people know monies are the only healer, and so the old dog knows anything will then be achievable.Jerry Atrick wrote: ↑Wed Oct 21, 2020 1:40 am Sounds like the previous land owners sold a pup to their customers and then to C.M, lol
Always "hope" but never "expect".
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