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Singapore’s YUAN Development Co., Ltd To Launch Developments In Phnom Penh

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YUEN Development Co., Ltd was set up by Darren Yap and a few real estate investors solely for the purpose of equity development in Phnom Penh, a city poised for residential market boom.

The company, emphasizing on the design and the quality of their sustainable residential and mix-use projects has recently announced the upcoming launch of La Vie Residences in the precinct of Chroy Changvar. Flanking La Vie Residences at the epicentre of Chroy Changvar are the breathtaking Mekong River and Tonle Sap.

The next two developments slated to be residential and commercial mix-use will be launched in this mid-year and in 2016.

Chroy Changvar is currently undergoing redevelopment and gentrification. Raffles Le Royal, Temasek Holding’s Cambodia Post Bank and Silkair are amongst the leading Singapore brands and entities that have set up shops in the city.

YUEN Development’s recent key project wins in Phnom Penh and the strategic locations of its developments meant that the developments are bound to deliver above expectation. Buyers will have the upper hand as the rental yields are guaranteed to be higher than other traditional Asian gateway cities.