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Explore the investment value of Koh Pich through a variety of activities

2023-08-01
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Summary:Open commercial such as The Elysée and Elite Town Ⅲ not only have a good-looking appearance, but also bring experience, fun, and fashion to the extreme, and may become the new home of Phnom Penh's commercial style. Carry out business operations here, with its own investment advantages.

Where is the most bustling area in Phnom Penh?

With the rapid development of various districts and the completion of major shopping centers, life in the business district of Phnom Penh is becoming more and more abundant, but in terms of the bustling areas, Diamond Island (Koh Pich) must be on the list.

Koh Pich is the CBD of Phnom Penh. It has always been a famous landmark and the first choice for visiting in Phnom Penh. 

However, if there are people, there will be business. As a representative of open commercial clusters, Koh Pich also has unique investment value.

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▍With Various exciting events, the popularity continues to rise

As the first satellite city in Phnom Penh, Koh Pich has gathered resources such as the international exhibition center, wedding hall, and international Schools, many office buildings, high-end hotels, parks, and clubs are also located here. At the same time, many well-known companies have set up their headquarters here, and the gathering of high-end residential and villa communities with a large number of high-net-worth individuals. These bringing natural popularity to Koh Pich.

In addition, various exciting events are constantly held on Koh Pich, which makes this place more popular:

In June, PRIDE FEST Cambodia, movie night, yoga, water golf competition

In May, The 2nd Book Fair Event, Indonesia Photo and Art Exhibition

In April, Khmer New Year Event and topic performances

………

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Night markets, weekend markets, concerts, etc. are also held almost every week, and most of these activities are located at the The Elysée river walk street or the three major parks in Koh Pich.

For international events, OCIC will also organize live watching at Koh Pich, such as last year’s World Cup; there are a large-scale exhibition (Cambodia-International Science, Technology & Innovation Expo) and “X-CAM FESTIVAL” which also held at Koh Pich. Overall, daily small events can attract at least 5,000+ people, and large-scale events can even attract tens of thousands of people.

Therefore, we can see that no matter what kind of event, as long as it is held in Koh Pich, it will be full of popularity. 

Why? the open business cluster model is a major factor.


▍Open commerce is the new mainstream, which bring back “The heart of shopping" 

In recent years, Covid-19 has changed the world, and also changed people's lifestyles. In the commercial field, the space of traditional shopping centers is relatively closed and single, and the style and operation mode are similar. Open commerce, such as characteristic theme streets, park-style commerce, markets, etc., has embraced consumers with its open, diverse and inclusive attitude, and won the favor of consumers with its social and leisure lifestyle.

At the same time, Cambodian locals, especially young people, prefer to stay in more relaxed and comfortable open commercial districts, or reading in a coffee shop, go to famous restaurants with friends, shopping in the market, or join clubs such as roller skating, Lego, swimming, music, filming, etc., to solve all the leisure, entertainment, and fashion needs.

Koh Pich, represented by The Elysée and Elite Town, happens to be the representative of open commerce in Phnom Penh, and the new lifestyle mentioned above can be fully realized here.

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▍The three main factors contribute to the commercial essence of Koh Pich

All commercial is related to the city, especially in the open commercial complex, people have a natural integration with the city while shopping. Therefore, the value and essence of Koh Pich open commercial can be analyzed from the following four aspects.


● Pay attention to the connection with the city. Phnom Penh is a city born of water. Riverside plays a very important role in people's daily life. The Chaktomuk River where Koh Pich is located is the core part of Phnom Penh’s River. The unique location and convenient transportation make it become a city landmark of Phnom Penh. With such value, the open commerce of Koh Pich has more potential, which is incomparable with others.

Taking The Elysée as an example, this large-scale commercial project with a total area of more than 75,000 square meters stretches along the river bank, the whole project has designed with a 3-story underground parking spaces. Each unit is spaciously easy to set up with a width of 8 meters and a height of 8 floors with a private elevator in the building.

Moreover, there is good news recently: the cable-stayed bridge connecting two satellite cities of Koh Norea and Koh Pich is about 90% completed, and it is expected to be completed by the end of 2023. After completion, it will not only improve the traffic flow and reduce the time spending on travel for residents, but more importantly, connect the two satellite cities to drive the coordinated development of the region.

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● Create a humanistic culture. Block-style commerce is an entry point for people to understand the city and local life, so we should "activate" the history and humanities through the form of commercial, and make local life truly within easy reach. Phnom Penh is an inclusive city where cuisines and cultures from various countries are integrated. The same for Koh Pich, where Korean embassies, theater, international schools, and various training institutions & clubs gather, coupled with various cultural and artistic events, it has formed a unique cultural atmosphere.

Taking Elite Town Ⅲ as an example, it represents the combination of Cambodian shophouse culture and modern business activity, and satisfies both commercial and residential functions, which is both “inheritance” and “innovation”.

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● The essence of the beauty of commercial buildings lies in the unique combination.

The beauty of architecture is colorful. As a comprehensive service place, urban block-style commercial buildings must not only be unique and form a memory point, but also fully integrate with the surrounding environment to form a connection.

Koh Pich has various architectural styles, such as French, Western, modernism, etc., which are integrated with each other to form a unique landscape.

The Elysée is French architectural building, with its own a replica of the Arc de Triomphe, and riverside commercial street, depicting a lazy and casual French romance;

Elite Town is Western architectural style, with macaron green walls and sapphire blue roofs, which look fresh, comfortable and exotic.

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Fundamentally, the perfect integration of commercial, cultural and tourism can bring popularity to business operations, and popularity can lead to consumption, making business more prosperous.

Open commercial such as The Elysée and Elite Town Ⅲ not only have a good-looking appearance, but also bring experience, fun, and fashion to the extreme, and may become the new home of Phnom Penh's commercial style. Carry out business operations here, with its own investment advantages

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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