association Local News

LOANS MADE EASIER FOR  DE CASTLE ROYAL CLIENTS
LOANS MADE EASIER FOR DE CASTLE ROYAL CLIENTS

Housing loans are more popular now in Cambodia than ever before. The up-market condominium development De Castle Royal has inked an agreement with Canadia Bank to design a housing loan service that has helped boost sales. Unlike other housing loan services available in the markets, the agreement between De Castle Royal and Canadia states that clients who buy one or more units can use the hard title issued by the condominium as collateral to apply for a housing loan from Canadia Bank for up t Read More


EXPAT SERVING EXPATS
EXPAT SERVING EXPATS

Thanks to the thriving economy, many expats are now coming to Cambodia and observers predict more will come after ASEAN Integration in 2015. Anna Araki, a Japanese expat with several years living in Cambodia, has  big business plans to serve her expat counterparts.  In December last year, Araki, established three firms; AnnaCam Partners, AnnaCam Land and Bit Investment, all specializing in investment consultants. In June this year, she opened a house renting agency called 'Anna Read More


HOME LOAN OR HOUSING LOAN?
HOME LOAN OR HOUSING LOAN?

Housing loan and home loan are terms often synonymously used by banks. Canadia Bank Plc, however, has distinguished them clearly. Established in 1991, and with branches nationwide, Canadia Bank offers three types of loan;  Small and Medium Enterprise (SME) Loans that target micro and medium businesses; Commercial Loans that finance other businesses’ purposes; and Home and Consumer Loans, for personal purposes including residential-related finance. At Canadia, housing loans and h Read More


FIVE TIPS  FOR CONDOMINIUM BUYERS
FIVE TIPS FOR CONDOMINIUM BUYERS

As the ASEAN Community edges closer, there has been a noticeable increase in the supply of condominiums on Cambodia’s property market. Recognizing Cambodia’s potential, a number of well-known developers from various countries are currently launching their projects. Such developments can bring both opportunities and challenges to property buyers who should be aware of any potential risks to their investment.  Since the procedure for buying a condominium is relatively differen Read More


BUYING CO-OWNED PROPERTIES
BUYING CO-OWNED PROPERTIES

Living in a co-owned building or housing bloc (borey) is becoming more popular as Cambodians seek a modern lifestyle, but if property buyers don’t purchase smartly, they may face significant risk.  Unlike buying a detached house, where the buyer can immediately own both the land and house with a single title deed, buying a co-owned property, like a condo or a villa/flat, can present complications and risks when it comes to ownership procedure.  One reason is that the hard t Read More


PROPERTY IN BRIEF
PROPERTY IN BRIEF

CAMBODIA: CONDO SALES TO FOREIGNERS ON THE INCREASE The number of foreigners purchasing condominium units so far this year has increased between 10 and 15% over the same period last year, according to the research department of Bonna Realty Group. Foreigners have purchased about 1,200 condominium units so far in 2014, with most of them being from Singapore, Malaysia, China and Japan, Deputy Research Director Hin Socheat told the Phnom Penh Post. New revisions to laws on foreign ownership a Read More


PROPERTY IN BRIEF
PROPERTY IN BRIEF

Phnom Penh: Condo Confidence Growing in Phnom Penh While the 2007-2008 economic downturn signaled a downturn in condominium developments in the Cambodian capital, the trend has been reversed, according to a report by CBRE Cambodia Research. Confidence in the viability of condo developments is growing, the study found, largely due to the successful projects like De Castle Royal, which is not scheduled to open until later this year but whose units are already 90 percent sold. That project is Read More


LOCAL AND FOREIGN  INVESTORS FORM  PROPERTY JOINT
LOCAL AND FOREIGN INVESTORS FORM PROPERTY JOINT

Realizing the demand for grade-A office space was outstripping supply, a group of local and foreign investors have a joint-venture called Kingdom Luxury Development Co. The goal is to build a new grade-A tower in Phnom Penh. Formed in mid-April, the joint-venture signatories are Cambodia Properties Limited (CPL), which has 17 years of local experiences in property trading; TriAsia Group, a Japanese investment company; independent property investor Sor Thida; and architect and interior desig Read More


VTRUST RELEASES CAPITAL?S FIRST LAND PRICE SURVEY
VTRUST RELEASES CAPITAL?S FIRST LAND PRICE SURVEY

Many property firms in Cambodia have had to use their own land price evaluations due to the fact that no recognized, accurate data on prices existed before. But now they have a new information source since the first land price survey for Phnom Penh, compiled by the Vtrust Group, is now complete. Released on March 4, the new land price survey was conducted in November and December last year by three VTrust Group subsidiaries – VTrust Property, VTrust Appraisal and VTrust Realty – Read More


CENTRAL MANSIONS TAPS INTO COLONIAL CHARM
CENTRAL MANSIONS TAPS INTO COLONIAL CHARM

After a large-scale refurbishment, the rebranded Central Mansions serviced apartment has fully launched operations. It offers residents a range of modern amenities in a building that recalls the Kingdom’s colonial era. The property now known as Central Mansions was initially developed in 2001 by a local developer and christened Colonial Mansions, since it used as its model the architectural style from the era when Cambodia was a French protectorate. In 2011, developer Hongkong Lan Read More


Camcona
Campu Lunpac
Comin Khmer
ETS Cambodia
LCC
SCG
MULTICO
Ocean
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
TEM
TPC
Wiki
Rinnai
Kansai Paint
Cambodia Business Partner
Camcona Group
KRock
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
CBMS
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
home.58cam
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Legrand
Sika Cambodia
Group Four
Sokea Garden
ISI PALM co., LTD
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan