CCA – Funded beach gates inaugurated
After three months of construction, two beach entrance gates funded by the Cambodia Constructors Association (CCA) were inaugurated in Sihanoukville during the 5th Cambodia Sea Festival.
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Hot competition for Philippines airport build
Two of the richest men in the Philippines are competing to develop a new international airport in the capital, Manila. On one side is Belle Corp, part of Henry Sy’s SM Group which is proposing a USD50 billion joint venture with China Communications Construction Co (CCCC). The plan aims to reclaim 2,500 hectares and develop […]
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World ‘s largest underground city’ planned for KL
Designs have been released by the China Railway Group for the Kuala Lumpar terminal of the Singapore-Malaysia high speed rail line, declaring it set to become the world’s largest underground city. The Bandar Malaysia terminus will feature an underground shopping mall, canals, theme parks, cultural villages and a financial centre, and house the regional HQ […]
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Malaysia & China sign major rail deal
Malaysia and China have signed their largest ever infrastructure agreement to date, paving the way for China to finance and build the East Coast Rail Line (ECRL) across four Malaysian states. Signed during a six-day visit to China by Malaysian Prime Minister Najib Razak, the USD13.1 billion deal will see 600km of railway built to […]
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Indonesia seeks private investors in ports, airports
Indonesia is seeking private investment in some of the cash-strapped nation’s airports and ports in an attempt to reduce its budget deficit and fund ambitious new infrastructure projects. President Joko Widodo’s government plans to sell up to a 45 percent stake in 10 airports and 20 ports across the country, though would retain state control […]
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Vietnamese firm’s growth has market baffled
An unprecedented rise in the value of a relatively unknown Vietnamese construction company had markets baffled in November. Faro Construction and parent developer FLC Group are building a number of large projects including the USD250m Samson Beach and Golf Resort in Thanh Hoa province and the USD330m Quy Nhon Beach and Golf Resort in Binh […]
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China to build artificial islands in Philippines
The Philippines has signed a contract with China to build four artificial islands in the city of Davao. The massive 208-hectare development along 8km of coastline is part of a major port, commercial and entertainment development program in Davao city. The agreement between Philippines’ Mega Harbor Port and Development Inc. and state-owned group China Communications […]
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Public Housing Could Rely on Private Sector
As property experts increasingly recognise the need to shift focus to affordable and public housing, the government is supporting the private sector to drive development of housing projects for low to middle income families.
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Australian Group Invests in Low-Cost Housing
An Australian and Cambodian joint venture is set to launch an affordable housing project aimed at newly-married couples looking to purchase their first homes.
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Alternatives to Building High-End Condos?1
In a market as fiercely competitive as residential real estate, developers must launch products that match real demand in order to sell them.
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Residential Property Purchase Incentives
Developers in Phnom Penh have been providing purchase incentives as some buyers struggle to arrange a loan or mortgage when investing in a property.
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Outlook on Phnom Penh Retail Spaces
The retail market in Phnom Penh is more dynamic than ever. The expansion by retail developers, entries of new local and international retailers combined with a challenging economic outlook are all adding up to the mix.
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