News

NagaCorp Ltd unveils Naga 3

NAGACORP Ltd, which owns Phnom Penh’s only licensed casino NagaWorld, announced its $4 billion Naga 3 Project on the site of the former “White Building” in Tonle Bassac commune, a 29-page document filed with the Stock Exchange of Hong Kong Limited said. The company’s announcement ...

Sorn Sarath and Hin Pisei
https://www.phnompenhpost.com/business/nagacorp-ltd-unveils-naga-3

Ministry praises redevelopment of White Building as ‘model for future’

The Ministry of Land Management, Urban Planning and Construction has released a book detailing the process of development at the site of Phnom Penh’s White Building leading to the iconic structure’s demolition in 2017. ...

Niem Chheng
https://www.phnompenhpost.com/national/ministry-praises-redevelopment-white-building-model-future

White Building demolition begins as holdouts move out

Two excavators turned bricks to rubble with ease on Monday as walls jutting out from the ground floor of Phnom Penh’s dilapidated White Building slowly tumbled to the ground. ...

Janelle Retka and Sek Odom
https://www.cambodiadaily.com/news/white-building-demolition-begins-as-holdouts-move-out-132612/

All White Building residents cleared, says government

Demolition crews are set to begin tearing down the Phnom Penh landmark known as the White Building today, after the Ministry of Land Management announced on Saturday that all families residing in the dilapidated structure had left the premises.​ ...

Kong Meta
http://www.phnompenhpost.com/national/all-white-building-residents-cleared-says-government

White Building demolition soon to begin

The Ministry of Land Management yesterday announced that the decades-old White Building in the capital will be demolished starting July 17 in order to make way for a new 21-storey structure.   ...

Ananth Baliga and Kong Meta
http://www.phnompenhpost.com/national/white-building-demolition-soon-begin

White Building holdouts

More than 430 of the 493 families who formerly resided in Phnom Penh’s White Building have vacated the premises, but around 15 families have yet to accept compensation packages for their apartments, according to a Land Management Ministry official. ...

Niem Chheng
http://www.phnompenhpost.com/national/white-building-holdouts

White Building locals get Ministry send-off

The Land Management Ministry hosted a farewell party for residents of Phnom Penh’s iconic but crumbling White Building Saturday, serving up large quantities of noodles and bringing in Buddhist monks to bless the residents before they move. ...

Kong Meta
http://www.phnompenhpost.com/national/white-building-locals-get-ministry-send

Businesses vacate White Building

As families begin to move out of the iconic White Building, small business owners who have operated in the capital’s dilapidated landmark are facing tough decisions. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/businesses-vacate-white-building

Move-out begins at White Building; no official deadline set

As residents began to move out of Phnom Penh’s iconic White Building on Tuesday, government officials were also present, handing out documentation to those leaving while microfinance staff offered their services.While some residents piled their possessions into trucks or blocked narrow hallways with unwanted goods, ...

Brendan O’byrne
https://www.cambodiadaily.com/second2/move-begins-white-building-no-official-deadline-set-131081/

Thirteen more White Building families accept compensation

The Ministry of Land Management yesterday convinced another 13 White Building families to accept compensation packages and vacate the site ahead of a major redevelopment project, leaving just 28 holdouts who continue to reject the terms. ...

Kong Meta
http://www.phnompenhpost.com/national/thirteen-more-white-building-families-accept-compensation

White Building families given deadline to leave

The government has given more than 400 White Building families a six-week deadline to sign contracts and move out, allowing Japanese investors to begin redeveloping the property.   ...

Pech Sotheary
http://www.khmertimeskh.com/news/38906/white-building-families-given-deadline-to-leave/

Land minister urges White Building residents to support CPP

Land Management Minister Chea Sophara rallied residents of Phnom Penh’s condemned White Building to vote for the CPP on Tuesday, repeating calls he made last month to the apartment block’s homeowners. ...

Sek Oudom
https://www.cambodiadaily.com/news/land-minister-urges-white-building-residents-to-support-cpp-130759/

White Building negotiations done: minister

Land Management Minister Chea Sophara called for the end of compensation negotiations with White Building occupants on Friday, drawing the line at $1,400 per square metre – far lower than the $1,800 sought by residents. ...

Kong Meta
http://www.phnompenhpost.com/national/white-building-negotiations-done-minister

White Building families agree to price drop

About 85 percent of 493 families being asked to sell their White Building homes have dropped their asking price to $1,800 per square meter, but insist they will not negotiate any lower. ...

Pech Sotheary
http://www.khmertimeskh.com/news/37566/white-building-families-agree-to-price-drop/

White Building residents asked to help CPP

Land Management Minister Chea Sophara on Friday reminded more than 200 residents and soon-to-be evictees of Phnom Penh’s iconic White Building to “help us back” by voting in upcoming elections in return for the government negotiating compensation for their properties. ...

Sek Odom
https://www.cambodiadaily.com/news/white-building-residents-asked-to-help-cpp-127793/

White Building dwellers told to vote CPP for speedy eviction deal

A day before Land Management Minister Chea Sophara was scheduled to meet residents of Phnom Penh’s iconic White Building, the locale’s village chiefs promised to find a quick solution to the residents’ impending eviction – if the ruling Cambodian People’s Party fared well in the ...

Sen David and Ananth Baliga
http://www.phnompenhpost.com/national/white-building-dwellers-told-vote-cpp-speedy-eviction-deal

White Building company in the red

The government revealed yesterday that Japanese company Arakawa, which is in charge of developing the White Building, does not have enough funds to cover both the $70-$80 million construction price tag and the buyouts for residents who want to sell their apartments. ...

Pech Sotheary
http://www.khmertimeskh.com/news/33461/white-building-company-in-the-red/

White Building surveyed

Land Management Minister Chea Sophara led a veritable battalion of ministry officials in a survey of Phnom Penh’s iconic White Building on Saturday morning in preparation for a proposed development project on the site. ...

Sen David
http://www.phnompenhpost.com/national/white-building-surveyed

Minister criticizes tycoon

Ongoing land disputes between the Ministry of Land Management and the owner of development firm Phanimex are influencing White Building residents’ decision on whether to relocate or stay, according to Land Management Minister Chea Sophara. ...

Pech Sotheary
http://www.khmertimeskh.com/news/31842/minister-criticizes-tycoon/

Call to review White Building plan

The Ministry of Land Management is to create a committee to plan and review development of Phnom Penh’s iconic White Building. Meanwhile, the sale or transfer of ownership of the building has been blocked temporarily for the committee to collect details of the people living there. ...

Pech Sotheary
http://www.khmertimeskh.com/news/31895/call-to-review-white-building-plan/

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