Fortune Tower Tops Out With 70 Percent of Units Sold

The Olympia City management team held a topping out event last week to announce the completion of the Fortune Tower (C7) building.

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Battambang – Banteay Meanchey Road to Expand to Four Lanes in 2020

Prime Minister Samdech Hun Sen this morning presided over the ground breaking ceremony for the project improving 84.74km of National Road No. 5 between Battambang and Serey Sophorn funded through a USD185 million loan from the government of Japan. The project will upgrade this section of road section to Asphalt Concrete and expand it to […]

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Borey Peng Huot Group Invests Usd60 Mn in Another Mall South of Phnom Penh

PH Diamond Place Mall PH Diamond Place Mall, another shopping mall by Borey Peng Huot Group, has begun construction following the ground breaking ceremony on the weekend of 24 March presided over by H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction together with the Borey Peng Huot Group management team. […]

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Usd94 Million Renovation Starts on National Road No.11

PM Hun Sen shakes hand with Chinese Ambassador Xiong Bo Prime Minister Samdech Hun Sen this morning presided over the ground breaking ceremony for the re-construction of National Road No.11 and the bypass road connecting Neakloeung to Thnal Totoeung with a total length of 96.48 kilometres. These routes will connect National Road No. 1 and […]

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World’s Highest Sky Bridge to Open Next Year

CapitaLand has recently set a new world record with Raffles City Chongqing in China as the building with the highest sky bridge linking the most number of towers, according to the developer. Named The Conservatory, the sky bridge is world’s highest horizontal skyscraper at 400 metres above sea level. It is designed in a curved […]

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Cis Koh Pich Campus Breaks Ground on Usd20 Million Expansion

General Director OCIC Group Neak Oknha Pung Kheav Se yesterday presided over the ground breaking ceremony for the construction of the Phase 2 expansion of the Canadian International School in Diamond Island. After completion in the next 18 months, the school will cover more than three hectares of land and feature a new CIS secondary […]

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Kampong Thom-kampong Chhnang Bypass to Officially Open on April

Bypass road No. 50C The bypass road No. 50C connecting the provinces of Kampong Thom and Kampong Chhnang is currently 85 percent complete and is scheduled to officially open for public use by this coming Khmer New Year to help improve transportation links between the two provinces. Road No. 50C is a 53km gravel road […]

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17 Condos in Total of 13,000 Units to Rise in Phnom Penh This Year

According the report by CBRE Cambodia, at least 17 condominiums or about 13,000 units are expected to complete the construction and to open for service in Phnom Penh within this year. Those 17 condos are Prince Central Plaza (918 units), One Park Residence ( 1,636 units), One 18 Residence (705 units), Star City (1,697 units), […]

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Update: the Usd 150mn Royal One to Break Ground on September

OTK Royal One Co., Ltd. of the Royal Group has just signed a partnership agreement with Chinese construction company Huashi Group to invest USD150 million to build the 62-storey building The Royal One. The agreement was signed by president of OTK Royal One Oknha Kith Thieng, and, vice president of Huasi Group Wan Xiao Lin […]

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Hyatt Regency Phnom Penh Project 38 Percent Complete

Construction of the five-star Hyatt Regency hotel in downtown Phnom Penh is currently 38 percent completed and is on schedule to open by 2020.

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Seven Malls to Rise in Phnom Penh This Year

In response to the high demand, seven shopping malls are now under construction and expected to rise across Phnom Penh in 2018, with several more to come by 2019, according to research by CBRE Cambodia. The seven malls are divided into three categories including community malls, shopping malls, and retail podiums: -Aeon Mall 2 shopping […]

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How to Shop for the Right Land

As the trend of buying land has become very popular among investors in Phnom Penh, many ask about the associated risks.

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