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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Developers Triumph at SEA Property Awards 2016 Finale
Southeast Asia’s best developers and achievers brought honours and prestige to their respective countries as they competed for the regional titles at the sixth annual South East Asia Property Awards 2016
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CVEA Shares 5th Mandate Vision
After being appointed as president of the Cambodian Valuers and Estate Agents Association (CVEA) for his 2nd mandate in 2017-2018, Kim Heang lays out the association’s ambitious vision
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Maximising Returns on Rental Investment
Many housing buyers in Phnom Penh prefer to buy properties and rent them out to others, with the hopes of delivering long-term capital growth and investment returns.
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Work starts on world’s tallest skyscaper
Work has begun on what is set to become the world’s tallest skyscraper in Dubai. ‘The Tower’, designed by Spanish-Swiss architect Santiago Calatrava, will be taller than the current record holder the Burj Khalifa which is also in Dubai and is part of the redevelopment of the old city. ‘The Tower’ is expected to rise […]
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Chinese site accident kills 67
Health and safety regulations in Asia were highlighted again after 67 workers died when a platform they were working on collapsed on a construction site in China in November. The accident took place on a huge USD1.1 billion expansion of the Fengcheng Power Plant in the eastern province of Jiangxi when a platform holding workers […]
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