Ascott moves into Cambodia with Phnom Penh residence

Ascott moves into Cambodia with Phnom Penh residence

The Ascott has opened its first serviced residence in Cambodia, CASA Meridian Residence, in Phnom Penh’s up-and-coming residential and retail hub of Diamond Island (Koh Pich).

The residence offers 75 fully-furnished residences on the top 13 floors of the 34-storey integrated development CASA by Meridian, which also comprises a high-end shopping mall, premium office spaces and wellness facilities.

The serviced residence provides unparalleled conveniences to travellers and expatriates who value a balanced lifestyle in the heart of the capital Phnom Penh, as the property is within minutes’ drive from an array of amenities such as the AEON shopping mall, international schools, conference and exhibition centres, embassies, premium offices, Jet’s Container night market, and the entertainment complex NAGA World.

Lew Yen Ping, Ascott country general manager for Vietnam, who oversees the company’s expansion in Cambodia, Myanmar and Laos, said: “Ascott has built a strong brand reputation and expertise in managing world-class serviced residences over the last 30 years.

“We expect significant demand for our first property in Cambodia, CASA Meridian Residence, as it is the first international-standard serviced residence in the country’s capital and economic hub Phnom Penh.

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“In addition, Cambodia has achieved sustained economic progress and strong international tourist arrivals.

“Ascott will be able to leverage first-mover advantage as we open our second property in the city - Somerset Norodom Phnom Penh in 2018.

“CASA Meridian Residence will provide corporate travellers, expatriates and their families a balanced living experience, the comfort of home and Ascott’s signature hospitality by our well-trained team.”

Lew added: “With our entry into Cambodia, Ascott is now present in nine out of ten countries in ASEAN, giving us a strong foothold in the region.

“ASEAN member states recently signed pacts to boost transport links to make it easier for cross-border travel.”

CASA Meridian Residence provides a wide selection of apartments between levels 22 and 34 across two towers.

These range from cleverly designed studio apartments ideal for single executives travelling for business, to sleek and modern one-, two- or three-bedroom apartments that can comfortably accommodate up to six persons.

Every apartment features contemporary furnishings, well-defined living and dining areas, as well as fully-equipped kitchen.