OLYMPIC STADIUM PROPERTIES FOR SALE


The controversial Shin Tian Dih Plaza shops and condominiums surrounding Olympic Stadium are selling for US $106,000. They can be rented for US $800 a month.

The three level shop/condo’s include five bedrooms and four baths, kitchen plus a room that can be used for a bedroom or office.

Parking spaces can be rented for US $15 per month with two spaces available for every unit.

This is one of the areas in the development that has caused so much controversy. The tunnels used for parking were originally designed for the drainage of stadium sewage.

The facility currently lacks an adequate drainage system to accommodate large crowds for the 60,000-seat stadium. Cambodia had to turn down their opportunity to host this years Tiger Cup because of the situation.

Future development plans include a 12-story office building that will also house a supermarket. Construction is planned to begin in 2005 and will take one and a half years to complete.

Name: Olympic Complex
Number of Floors: 5 Floors of Commercial Facilities and Shophouses, and a 25 Floors Hotel
Developer: OCIC
Architect: a7corp
Land Area: 10.51 Ha (105,100 sq.m.)
Description: Consist of Olympic Plaza (Shopping Centre), Commercial Facilities and Shophouses, Business Center & Skylink, Water Treatment Park and a 500 rooms hotel.

source : nationalradio

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