Work starts on China-Thailand high-speed railway
Work starts on China-Thailand high-speed railway

Following years of often tough negotiations, work on Thailand’s first high-speed railway, financed by China, began on 21 December. The whole project will eventually run 253km from Bangkok to Nakhon Ratchisima in the northeast of Thailand and is part of China’s long term plan to link its southern border to Singapore by rail. With just the Thai phase expected to cost more than USD5 billion, the ceremony hosted at the end of December inaugurated just 3.5km of line between two stat Read More

Seoul transit hub design wins award
Seoul transit hub design wins award

An international competition to design a USD1.2bn transport hub and shopping centre for the Gangnam district of Seoul has been won by French firm Dominique Perrault Architecture. The multi-use development in downtown Seoul will feature a train station, shops, an art gallery, and educational centre and parks, and when complete will be the largest underground complex in South Korea. Named ‘Lightwalk’, the 160,000 sq m development will extend underground for six floors with a 28,0 Read More

China-Laos railway bores first tunnel
China-Laos railway bores first tunnel

The first tunnel on the 414km China-Laos rail link was bored in December, marking the first success of the USD5.8 billion project. The 301m Ban Somsanook No. 2 Tunnel presented a number of dangerous challenges given the mountainous terrain and geology but contractor, Sino Corporation Engineering Bureau 15 Co., successfully completed the first of many such projects on the route. Laos is an exceptionally mountainous country so more than 62 percent of the cross-country rail project, first Read More

Vietnam’s tallest building wins award
Vietnam’s tallest building wins award

A shimmering tower block which will be Vietnam’s tallest building when construction is completed in 2019 has won an international architecture award.  Designed by London-based firm Atkins, the 460m Landmark 81 in Ho Chi Minh City, Vietnam won the “World’s Best Architecture” prize at the International Property Awards 2017 hosted in London in December. It also picked up “Best International Residential High-rise Architecture” and “Best Residentia Read More

New residential projects favoured by Cambodian investors
New residential projects favoured by Cambodian investors

The residential condominium market in Phnom Penh is almost completely dominated by foreign buyers, but some of the hottest-selling upper-end developments in Phnom Penh, like Bodaiju Residences and The Peak, are attracting strong interest from Cambodian buyers. Since their launch, around 60 percent and 50 percent of buyers respectively to date are Cambodians.  “There is still positive demand for residential developments with a good location and offering packages,” according to Read More

Luxury villas for Kirirom
Luxury villas for Kirirom

Luxury residences in the mountainous forests of Kirirom are soon to become a reality following the announcement by A2A Town Cambodia that it has invested USD20 million in developing weekend getaway properties at the VKirirom Resort. After first breaking ground at the end of 2016 with 40 villas on offer, the properties have been especially popular with Japanese who have represented 60 percent of buyers to date. Nestling on 110 square metres of land, each property comprises three bedrooms, a Read More

Amusement park to boost Peng Houth
Amusement park to boost Peng Houth

The Peng Houth Group has announced plans to invest USD60 million in the construction of an international-standard amusement park to further bolster their market-leading position and interest in its developments.  Planned to span 8 hectares on its sprawling development on National Road No.1, the amusement park will include a conference hall and wedding hosting facilities. The park will be divided among European-themed parks with landscaping, water features and inter-connecting bridges. Th Read More

Malaysian-based mall set to open
Malaysian-based mall set to open

International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall opens for business in early 2018. Initially called Parkson and later formally named Phnom Penh Mega Mall, the newly developed 11-storey shopping mall is about 200 meters from the Techno flyover along the Russian Boulevard.  After commencing building in late 2012 and due to op Read More

Thailand strong amid drop in Asia-Pacific hotel investment
Thailand strong amid drop in Asia-Pacific hotel investment

Investment in the hotel real estate market in Asia Pacific has fallen 22 percent in the first nine months of 2017 compared to the same period last year according to a report by real estate consultancy JLL. The group noted that the drop to USD5.3 billion in investments was largely due to a lack of assets on sale and a significant gap in pricing between buyers and sellers.  JLL identified Hong Kong, Japan and Thailand as the key market drivers with Japan enjoying a growth in investment Read More

Asian commercial real estate growing as world percentage
Asian commercial real estate growing as world percentage

A recent study by CBRE has shown a rise in Asian commercial real estate as a percentage of global supply, with Tokyo representing the world’s biggest single market. The Japanese capital tops the list with with a total value of investable real estate of USD711 billion, followed by New York (USD657 billion) and Los Angeles (USD482 billion). The US topped the nation’s list with its top cities performing well.  The top 10 cities in the world accounted for approximately USD4 tr Read More

Campu Lunpac
Comin Khmer
ETS Cambodia
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
Kansai Paint
Cambodia Business Partner
Camcona Group
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Sika Cambodia
Group Four
Sokea Garden
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan