Singapore, 4 August 2023 – Frasers Hospitality, a member of Frasers Property, today announced the official grand opening of its maiden property in the Kingdom of Cambodia – Capri by Fraser, Phnom Penh. The 86-unit Capri by Fraser, Phnom Penh marks Frasers Hospitality’s first foray into the kingdom with two more projects in the pipeline as part of its growth trajectory across Southeast Asia. To celebrate this momentous occasion, a myriad of esteemed guests attended the grand opening ceremony which was officiated by dignitaries such as Singapore’s Ambassador to Cambodia, Her Excellency Ms. Teo Lay Cheng and Cambodia’s Senior Minister for Special Missions, General Kun Kim, among others.
Primed for work and play, Capri by Fraser, Phnom Penh is strategically located within the heart of the city and in close proximity to multinational companies, embassies, attractions and shopping malls. Sitting on the thriving belt of trendy restaurants and entertainment which are popular among locals and expatriates, its central location offers an abundance of food and beverage choices and a thriving nightlife scene.
Deepening Frasers Hospitality’s Presence across Southeast Asia
Following the opening of its first property in Phnom Penh, Frasers Hospitality currently has a portfolio of 20 properties with over 4,500 units across eight gateway cities in Southeast Asia. There are 10 more projects in the pipeline, which are slated to open in nine gateway cities across Cambodia, Singapore, Indonesia, Malaysia, Thailand and Vietnam in the next five years. This series of openings, including two more properties in Phnom Penh, will drive Frasers Hospitality’s expansion strategy to augment its footprint in the region.
Ms. Eu Chin Fen, Chief Executive Officer of Frasers Hospitality said at the grand opening ceremony, “We are delighted to officially open the doors to Capri by Fraser, Phnom Penh and welcome guests from all around the world to create memorable experiences with us. It is an honour to make our debut in Cambodia with Capri by Fraser. As we embark on the next chapter of growth, we eagerly anticipate further collaboration to strengthen our foothold in the region and beyond.”
Introducing Frasers Hospitality’s Signature Design-led Social Living
Capri by Fraser, Phnom Penh features design-centric and technology-led interiors and lively social spaces that connect with the capital’s thriving commercial and entertainment scene. Designed by Singapore’s CreateArchitecture, Capri by Fraser, Phnom Penh weaves the essence of ancient Khmer art seamlessly into its contemporary interiors, with beautiful local art installations interspersed within the vibrant living and social spaces. The property offers a versatile mix of studio and 1-bedroom units to meet the needs of business and leisure travellers on short or long stays.
It also features hallmark facilities of Capri by Fraser which include ‘The Den’, a buzzing social hub for guests to chill out and network, a state-of-the-art 24/7 gym, the novel ‘Spin & Play’ self-service launderette with interactive games, ‘Caprilicious’, the all-day dining restaurant and ‘Drinx’, a rooftop bar that offers cocktails with unparalleled views of the bustling city centre. The property also offers meeting facilities to enable guests to build connections, collaborate and exchange new ideas.
About Capri by Fraser, Phnom Penh
Capri by Fraser, Phnom Penh is the first of three properties owned by Singapore-based MSQM VCC, Cambodia real estate fund (SF1CRF) and long-standing partner, ZTH Co Ltd. The partnership has completed a series of projects in Cambodia, including an industrial park, hotels managed by international brands, data centre and mixed developments.
