Investment in the Koh Pich project could drop by one-third to $800 million from $1.2 billion, said Touch Samnang, the project's manager and architect. That would likely entail trimming the number of units from 15,000 to 12,000, depending on demand, which he said has been affected by the global financial crisis. OCIC is still building bridges to the island, yet no units are under construction. Touch Samnang admitted pre-sales have not gone as well as anticipated.
No comments:
Post a Comment