Cambodian and Chinese Investors Team Up for Large Commercial City Project in Sihanoukville
Sihanoukville is preparing to welcome construction on a large commercial city, a joint venture between local developers and Chinese investors. The K99 Group recently broke ground on the 'Are de Triomphe' commercial project, with a capital investment of about US$70 million, jointly owned by the company and Chinese investors.
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Jakarta Risks Being 25% Underwater by 2025
Research by an Indonesian university has shown that 25% of Indonesian capital Jakarta could be permanently flooded by 2025. The findings by the Bandung Institute of Technology indicate that Jakarta is considered the fastest sinking city in the world. Home to 13 million people, Jakarta has 13 rivers running through it and is situated on a huge swamp.
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Phnom Penh to See Rise in Strata-title Office Supply in 2019
Delays in the construction of landmark projects in 2018 will result in an increase in the Phnom Penh office strata-title supply in 2019, according to a report by real estate firm CBRE Cambodia.
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Analysis: 7 Things to Consider About the Real Estate Landscape in Cambodia
The real estate sector in Cambodia has seven main areas to be considered, according to the results of a press conference on the real estate situation in Cambodia held on 24 January 2019.
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High Bangkok Prices Shift Developers’ Focus
Property developers in Bangkok are shifting their project priorities due to the rapidly rising land prices in the Thai capital according to a new report from CBRE Thailand.
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Chip Mong Aiming to Gain Retail and Shopping Mall Market Share
One of Cambodia’s leading conglomerates Chip Mong Group has announced their intention to capture retail and shopping mall market share with attractive business strategies during a 23 January press conference.
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Cambodia to See Massive Infrastructure Investment From Chinese Firms
Chinese companies are to invest heavily in Cambodia infrastructure as a result of the recent meeting between Prime Minister Samdech Techo Hun Sen and Chinese investors in China.
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Foundations Laid on Us$56 Million Mekong Bridge Crossing
Foundations have been laid on the US$56 million spanning the Mekong between Kampong Cham and TbongKhmum provinces, according to the Ministry of Public Works and Transport (MPWT).
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‘Amory 7makara’ Development Plots Officially Open for Sale
One of Cambodia largest property firms has officially announced the launch of sales for the ‘Amory 7Makara’ development project, according to their press release.
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Tax Relief on One-time Payment for Stamp Duty Continues
The General Department of Taxation (GDT) has decided to continue granting tax relief for the one-time payment on stamp duty for property ownership transfer, according to online media DAP NEWS.
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Fast Fashion Retailers in Cambodia
Consumer optimism in Cambodia is high as the economy booms. More and more affordable international fashion brands are enteringthe market, and this brings more choices for the customers.Not only in Cambodia,
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LG TWIN WASH!
The new modern washing machine LG TwinWash uses the latest technology in the laundry industry. Today, we will showcase the features that make it deserve to be top of any customer’s list. 1. Brand New Ergonomic Design -LG TwinWash has a small size and is easy to store at home. The new design is easy […]
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