property Local News

Malaysia property awards winners announced
Malaysia property awards winners announced

The PropertyGuru Asia Property Awards held its fourth celebration of the best in real estate in Malaysia in August. The prestigious awards ceremony showcases the very best property projects in each host nation before hosting the glittering gala celebration where the best projects in Asia compete for the top prizes.  Twenty-one award categories were presented at the Malaysia round and Selangor-based Tropicana Corporation Berhad took a clean sweep, winning a total of eight awards includin Read More


The Condo market in Cambodia… where do we stand?
The Condo market in Cambodia… where do we stand?

We can all see that the city is full of construction sites, with a majority of them condo projects. This represents a big step forward and huge change for a new lifestyle in Cambodia.  Read More


Thai-based Makro supermarket to open nine branches
Thai-based Makro supermarket to open nine branches

Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year.  After breaking ground in late May 2017, Makro is currently constructing a two-storey 10,000-square-metre wholesale warehouse supermarket on a 5-hectare plot in Beong Pung Peay city in Phnom Penh’s Sen Sok district in the northwest of the capital. The giant shopping facility is located in the same vicinity as the Aeon Mall Read More


Property investment as an income - producing asset
Property investment as an income - producing asset

Low interest rates on saving accounts encourage investors to buy properties as an income-producing asset. In Cambodia, more and more people are buying properties to lease out. But to get the best returns, it requires detailed knowledge of the real estate market and what drives rental markets. Most Cambodian (or Asian buyers in particular) prefers to own a property rather than rent a property. For the rental market, the target customer group is expatriates. As a result, in order to achieve the be Read More


Price differences between old and new condominiums
Price differences between old and new condominiums

Overseas buyers of condominiums in Phnom Penh are surprised by the fact that prices for newly- launched projects can be so much higher than buildings that were completed three to five years ago in almost exactly the same location.  Here in Phnom Penh, it is not just location that drives price, there are other more important factors such as age, design and specification of the building and how the building has been managed and maintained. Read More


Prices soar for luxury villas in coastal cities and towns
Prices soar for luxury villas in coastal cities and towns

The limited number of new luxury villas in Sihanoukville and Koh Rong has led to the increase in price for the villas as demand is relatively strong in this niche market. Market preference has shifted towards hotel-branded products that offer the ability to generate rental income, quality management, five-star services and facilities. Read More


The development and registration of a Borey
The development and registration of a Borey

A study of the borey market in Cambodia shows that in addition to the standard development and registration of a borey done by developers, there is another way to develop an allotment project. We will see that the choice made by the developers can have financial impacts on the tax and charges of a borey and have different advantages and challenges for the owners and the State.  Since the enactment of Sub-Decree No. 39 on the Management of Borey, dated 10 March 2011 (“Sub-Decree No. 39 Read More


Cambodia Property Awards 2018 Takes Off
Cambodia Property Awards 2018 Takes Off

The nominations for Cambodia Property Awards 2018 now open freely for developers and the general public until 5 January, while the entries are accepted until 12 January 2018, said the program’s press release issued on 21 June. Read More


Phnom Penh’s office market – a health check
Phnom Penh’s office market – a health check

In recent years, Phnom Penh has seen a growing number of new office developments and many developers excited about the flurry of activities. But is the market strong enough to absorb all these new spaces? Asian cities have long dominated the most expensive office markets in the world with Hong Kong being the acknowledged long-time leader.  Phnom Penh however is one of the lower-ranked Asian cities and is becoming one of the cheaper office markets in the world. The average rent for prime Read More


Attracting investments to Phnom Penh
Attracting investments to Phnom Penh

The ease of doing business is a critical consideration for a company to invest in a country. According to the World Bank, Cambodia is ranked at 131st place in terms of the ease of doing business, compared to 1st and 3rd for Singapore and Hong Kong, respectively. Singapore has been ranked the easiest place to conduct business in Asia as English is the official language.  Over the years, government reforms have made doing businesses in Cambodia easier. The Ease of Doing Business report ran 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