Shukaku Signs MOU with Don Bosco
Phnom Penh City Center (PPCC) master developer Shukaku has signed a memorandum of understanding with the Don Bosco Foundation
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Olympia City’s Condo Towers Ready For Residents in 2016
After four years of construction, two of Olympia City’s condominium towers are scheduled to open to residents and businesses later this year.
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Hongkong Price Fall Continues
Despite recently retaining the title of being the most expensive city in the world to live in, Hong Kong’s property market has been struggling in 2016 with strong downward pressure on prices.
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Yangon High-Rise Halt Reconsidered
After 200 high-rise property development projects were suspended in Yangon for violating low-rise zoning regulations earlier in the year, developers are fighting back with an unlikely ally.
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Luxury High-Rises for Yangon Riverside
The Yangon skyline is set for a big change following the announcement of luxury high-rise riverfront development projects in one of city’s most impoverished areas.
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Mitsubishi Invests in Huge Hanoi Suburb
Mitsubishi is partnering with Vietnamese real estate group Bitexco to develop part of the new USD1.9bn Manor Centre Park suburb in Hanoi.
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Bangkok’s Tallest Tower Complete
Residents will soon start moving in to the completed 77-storey MahaNakhon Tower which is now Bangkok’s tallest building.
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New China ASEAN Construction Club Born
To strengthen partnerships between the building industries in China and ASEAN, the China-ASEAN Construction Industry Cooperation Committee was established in May. The committee is the fourth building industry group spanning the two regions to promote business relations between Chinese construction-related firms and their ASEAN counterparts.
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Foreign Ownership Practices Tightened
The Ministry of Land Management, Urban Planning and Construction has instructed all districts in Phnom Penh to halt the provision of soft title ownership documents in co-owned buildings in foreigners’ names.
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ACF Approves Myanmar Membership
After two years of protracted negotiation, the ASEAN Contractors Federation (ACF) has finally admitted Myanmar as a member of the regional association at its 41st council meeting. Convened at Bangkok, Thailand on 3 June, 2016,
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Minister Chea Sophara Endorses CCA Activities
Three months after being appointed as the Minister of Land Management Urban Planning and Construction (MLMUPC), H.E. Senior Minister Chea Sophara has endorsed his activities organised by the Cambodia Constructors Association (CCA).
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Safety Training Centre Initiated
Amid the current building boom, thousands of construction workers in Cambodia risk their lives for a daily fee of less than USD10. To tackle this issue, an initiative to establish the first construction safety training centre is underway and hoping to start training workers soon.
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