Feb. 16, 2017, 12:15 p.m.
The East Commercial Centre (ECC), slated for completion along Norodom Boulevard in late 2017, seeks to create a hub for new business in Cambodia. The interior layout of ECC will reflect the demand of start-ups and international business entrants as office space is available in compact and affordable units, between 33msq and 66msq per unit, with rental pricing as low as $15 - $20 per square meter, and managerial fees less than $2 per square meter. All common areas lighting will be solar powered to further reduce managerial fees and the building’s carbon footprint. The East Commercial Center shall offer affordable and highly practical office space in the heart of Phnom Penh.
However, the ECC, a single tower of 38 floors, is part of phase one of a much larger development project. East View, the development that will host the ECC Office tower, will include three 38 floor towers in the first phase of the project, all developed by Eastland (HK) Ltd.
The two other 38 floor towers that will complement the ECC tower are entirely residential - the East View Residences. The advantage of having one office tower, ECC, and two residential towers in the same development, the East View Residence towers, is that businesses that buy or rent office space in the ECC tower will be able to live within the East View Residential towers. Living close to your business headquarters is a competitive advantage in downtown Phnom Penh, where traffic congestion is a growing consideration. Also, no time and money spent on transport to your place of work means more time and money for your family, friends and pursuing new business opportunities.
The East Commercial Centre (ECC), slated for completion along Norodom Boulevard in late 2017, seeks to create a hub for new business in Cambodia.
Since the announcement of the construction of the first phase of the East View Development, namely the ECC tower and the first two Residential towers, Eastland has received great feedback from the local and international market - businesses want to reserve office space in the commercial center and families and business people want to buy units within the first two residential towers. In light of this very positive response and the sense responsibility this has evoked in the developer, Eastland intends to start the second phase of the Eastview development shortly. The second phase will include a business hotel and supporting facilities to meet the ECC’s demand. Some of these additional facilities will include a high-end club, a swimming pool and a full health and gym center.
A lot of real estate agents have also shown great interest in the ECC and East View development, and Eastland has confidence that over half of the development will be able to be sold to locals within the Cambodian market.