Royal Chartered Academy Institute Hosts First Courses on Property Investment and Shopping Mall Management

• 17 December 2018
• Local News
• 1504 Views

Cambodia construction and real estate education institution the Royal Chartered Academy Institute (RCA) has successfully completed its first short course.

The four-day training course held from 11 to 14 December 2018 focused on two subjects in related to the industry in Cambodia, namely property management and shopping mall management.

After completing the course, Professor Daniel Tan expressed his deep appreciation for seeing so many students interested in learning these courses.

“We are overwhelmed to see many of the participants are very hungry to learn about property investment and shopping mall management”, he said.

According to Professor Daniel Tan, this course is a starting point for students who want to go on to study on the associate degree programme, and the lessons being taught represent best practice across the globe.

“Basically it [course] is about what shopping mall management is all about from the context of international best practice”, he said, while adding that property investment is not just buying and selling, but property investment required a long term view of generality income and the return for the investor.

“We try to teach our students that we need to do our homework, we don’t just buy because somebody asks us to buy, we buy because we know that the investment is feasible…so market research becomes important”, he stressed.

Meanwhile, students who participated in the course also expressed their satisfaction regarding property investment.

Mr Phou Sok Mean, an employee of the Institute of Technology of Cambodia who attended the course said that, “through this program we will be able to know a lot about how real estate is evaluated, and what things we should look at in order to evaluate real estate, and what we should consider before starting to invest in real estate”.

“It responds mainly to Cambodia, where the real estate sector is growing so much that many people want to invest in the real estate sector, but they have no idea or knowledge about real estate valuations,” he added.

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