Japanese Firms Investing in Hotel Projects in Cambodia
Since Cambodia is in need for more hotel rooms to accommodate the millions of visitors expected to visit the country, Japanese firm have been focusing on hotel development in the Kingdom.
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HOW TO TILE A WET AREA?
4 STEPS FOR A PERFECT TILING OF WET AREAS Wet rooms are essential human spaces across the globe, either a stylish big bathroom, or a practical small shower space, toilets, kitchens, laundry areas, balconies, patios or terraces: Sika offers systems for new and refurbishment works according to the specific requirements in wet rooms. You only […]
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Mega Project Along Tonle Sap River Nearing Construction
On 17 November, 2018, Ms Mey, part of the sales team of Yuetai Group, which now owns the Phnom Penh Harbour site, said the company will begin construction in 2019, following its success in selling out its shop house and condominium projects. According to Ms Mey, the company has made a lot of sales for its first building. Of the 230 stores sold, only two stores remain while most buyers are Cambodian. The company is now putting its condominium project on sale.
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Stylish Entertainment Centre ‘The Heritage Walk’ Inaugurated
A Stunning entertainment centre in Siem Reap has officially opened. On 16 November, 2018, ‘The Heritage Walk in Siem Reap was officially inaugurated.
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Boeng Kak Ti Pir Largest Shareholder in Rental Apartment Supply in Tuol Kouk
While Tuol Kouk District is potentially strong in almost every aspect in property sector, Boeng Kak Ti Pir has captured the highest share of rental apartment supply.
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Home Loan Regulations Toughen in Thailand
In an effort to reduce speculation in the residential property market, Thailand’s central bank announced new rules at the start of October that will toughen mortgage lending requirements.
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Thai Brands Expanding Retail Presence in Cambodia
Rapid economic growth in Cambodia provides opportunity for people to be able purchase goods as well as and experience new services available in the market. With this market opportunity, foreign investors are increasingly supplying goods and services through the establishment of new retail markets across Cambodia. As a result, Thai-based retail brands are expanding their presence in the Kingdom. A number of big Thai companies have recently entered the Cambodian market to take advantage of the 16 million consumers.
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Us$12 Million Runway Renovation Project Completed
The renovation of the multi-million dollar airport runway project is completed, according to the official press release. On 15 November, 2018, the developer and operator of Cambodia’s three airports, Cambodia Airports, announced the completion of the renovation project at Phnom Penh International Airport.
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Booming Construction Industry Drives Brick Production in Cambodia
Thanks to the booming construction industry, brick kilns in Cambodia have significantly expanded across the country to capitalise on this growth. The number of brick kilns has grown dramatically over the last 10 years, as well as the means of production. According to Mr Veng Heang, Director of the Child Labour Department of Ministry of Labour and Vocational Training, there are now over 300 brick kilns in Cambodia.
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Raffles Hotels in Cambodia to Be Renovated
The two luxury Raffles Hotel in Cambodia will soon be renovated, according to TTR Weekly. According to the same source, the Raffles Grand Hotel d'Angkor in Siem Reap and Raffles Hotel Le Royal in Phnom Penh will be renovated in early 2019.
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Phnom Penh 4th Most Popular Asian Destination for Chinese Lgbt Property Buyers
As the Chinese outbound property investment market diversifies and becomes more sophisticated, a recent survey has shown Phnom Penh to be in the top five Asian destinations for Chinese LGBT property investors.
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Construction Industry Expo Mbam Onebuild 2018 to Be Held in Malaysia
The MBAM OneBuild 2018 Exhibition, Malaysia’s biggest construction and infrastructure industry expo will be take place on 13 -15 November 2018. Hosted at the Kuala Lumpur Convention Center (KLCC) Malaysia, the three-day exhibition is the ideal platform for construction and infrastructure industry players to foster new relationships, exchange ideas, learn about the latest innovations as well as showcase their products and services.
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