FOX News : Health

20 October, 2020

Vanishing scenic lake irks owners of luxury housing development

 Khmer Times

19 Oct 2020




In the past decade, Phnom Penh has undergone rapid development with increasing urban population and foreign investments. Meanwhile, the city’s landscape has been affected by a massive demand for land and real estate, as many lakes and natural reservoirs in the city and suburbs have been filled in, or partially filled in, to make way for new development. These range from residential areas and satellite cities to commercial and recreation centres. And now, it looks like the city is going to lose yet another big lake despite the disagreement from people.

Last month, Chip Mong Land, the new owner and developer of Grand Phnom Penh International Satellite City in Sen Sok district announced that they would fill up a large lake in the neighbourhood to turn it into a park. Before Chip Mong Land bought the area in 2019, Grand Phnom Penh was owned by YLP Co Ltd, and the lake, 423 metres in length and 245 metres wide, had been created by the previous landowners as a waterway for a golf course.

This new decision to fill the lake has however, triggered disapproval from 140 residents who have claimed that this lake is a very important feature that keeps the place serene and as part of a green lung for the community. A representative of Grand Phnom Penh residents said this very lake is the main reason they bought houses in the gated community since 2007 from YLP Group Co Ltd and it was also used in advertisements and marketing tools to attract buyers.

In full: https://www.khmertimeskh.com/50774368/vanishing-scenic-lake-irks-owners-of-luxury-housing-development/


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