Canopy Sands Development Triumphs at Cambodia Real Estate Award 2024

Canopy Sands Development Triumphs at Cambodia Real Estate Award 2024, Solidifying Leadership in Township Development

PHNOM PENH, CAMBODIA – – 15 May 2024 – Canopy Sands Development continues to ascertain itself as a number one pressure in the true property business by securing three prestigious awards — Township Development of the Year, Lifestyle Developer of the Year, and Development of the Year — at the Cambodia Real Estate Awards (CREA) 2024 for its premier venture, the Bay of Lights. This marks the second consecutive 12 months the venture has been acknowledged, solidifying Canopy Sands Development’s standing as a frontrunner in township improvement.

Canopy Sands Development wins three prestigious awards at the 2024 Cambodia Real Estate Awards (CREA): Township Development of the Year, Lifestyle Developer of the Year, and Development of the Year

Spanning 934 hectares, the Bay of Lights goals to rework Sihanoukville right into a vibrant enterprise and tourism hub, bringing substantial financial and social advantages. Recognized by a judging panel of main actual property business specialists, these awards underscore the venture’s ongoing affect and imaginative and prescient.

“This recognition didn’t come in a single day,” mentioned Jimmy He, spokesperson for Canopy Sands Development. “The awards are the end result of our progress over the previous two years, reflecting our strategic planning and reinforcing our imaginative and prescient for the long run.”

Jimmy additional added, “The Bay of Lights extends past the standard idea of a metropolis; it’s a complete city ecosystem designed to foster a sustainable and enriched lifestyle. We are deeply honored by these awards that acknowledge our revolutionary imaginative and prescient, and we stay dedicated to spearheading developments that promise economically sustainable and vibrant city residing.”

The grasp plan for the Bay of Lights is constructed on visionary city design ideas aimed at creating a contemporary, environment friendly, and progressive township. This consists of distinctive recreation and lodging choices, a secure and broadly accessible infrastructure community, good mobility, and sustainable waste, vitality, and water administration techniques.

This planning can also be complemented by a complete improvement technique designed to draw worldwide traders and vacationers, thereby boosting Sihanoukville’s tourism and native financial system. This method has not solely stimulated speedy financial exercise but in addition established long-term development and enhanced the worldwide relevance of Cambodia’s market.

Since its inception in 2019, the Bay of Lights has achieved important milestones together with the launch of the Summer Bay Beach Club & Cabins by Preference (now managed by Ascott Group), the groundbreaking of a premiere USGA-certified 18+1 gap waterfront golf course designed by the legendary Greg Norman, in addition to the introduction of a one-stop leisure hub that includes Nitro Kart Circuit go-kart, Splash watersports, and Fly Max reverse bungee.

As it progresses, the Bay of Lights venture guarantees to rework Sihanoukville right into a premier international vacation spot, setting the usual for sustainable improvement and neighborhood constructing, making it a benchmark for revolutionary city planning in Cambodia.

Canopy Sands Development
Canopy Sands Development is a pioneering actual property improvement firm, established in 2019 and headquartered in Phnom Penh, Cambodia. Led by a dynamic group of extremely skilled professionals, each native and worldwide, Canopy Sands Development is dedicated to laying the foundations that catalyze financial alternatives. With every venture, it goals to create a major financial, social, and academic affect, delivering sustainable and lasting advantages to Cambodian communities.

Bay of Lights
Bay of Lights is a pioneering improvement reshaping the skyline of Sihanoukville, Cambodia. With funding of USD 16 billion, this sprawling 934-hectare beachfront venture has been meticulously master-planned to characteristic 9 distinctive districts supporting the initiative’s six core pillars: Financial Services, Tourism, Education, Entertainment & Lifestyle, Health & Wellness, in addition to Art & Culture. Driven by a imaginative and prescient to create a world-class monetary and tourism hub, Bay of Lights design encourages a way of connectivity between numerous sectors and stimulating financial development.
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