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ខ្មែរ 
Capital condominium supply forecasted to increases 120% in 2019
- 14 February 2019
Construction delay in 2018 will see the supply of Phnom Penh condominium jump to 120% in 2019 with mid-range segment dominating the market, said CBRE Cambodia. According to CBRE researched, initial forecasts estimate that a y-o-y increase in condominium stock of almost 100% will occur in the affordable segment by the end of 2019, increasing the total affordable supply to circa 7,057 units from ...
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Ground broken on 62-storey Royal One twin tower
- 14 February 2019
OTK Royal One Co., Ltd. of the Royal Group broke ground on 14 February on the long awaited Royal One International Twin Tower. Located in the heart of city on the corner of Russian Federation Boulevard and Monivong Boulevard, Royal One is a 68-storey building which includes six floors of underground parking. The project comprises of commercial units, condominiums, shopping malls, clubs, fitn...
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Land prices rise sharply in three Phnom Penh districts
- 13 February 2019
Thanks largely to international companies investing in and developing real estate, especially residential and commercial buildings, Khan Sen Sok, Khan Mean Chey and Khan Dangkor districts in Phnom Penh are experiencing significant land price changes. According to a report by Key Real Estate comparing the land prices in 2017 and 2018, Khan Sen Sok has increased by 17.1 percent. Land prices per s...
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Government to Construct US$160 Million Hydro-power Plant in Pursat Province
- 13 February 2019
Sample photo by WorldFish The government has recently revealed a plan to construct new hydro-power plant costing about US$160 million in Pursat province by the end of 2019, according to the Cambodian People's Party (CPP) webpage. This hydro-power plant is to be built at the Pursat River, with a capacity to generate about 80 megawatts of electricity. Currently, the government is conducting st...
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Japanese companies eye investment in Cambodia
- 12 February 2019
Fifty-Two Japanese companies are planning to invest in infrastructure development and urbanisation in Cambodia, according to the results of a meeting between representatives of Cambodia and Japan at the Ministry of Land Management and Construction on 11 February 2019. The meeting was the Preparatory Meeting of Public and Private Seminars on "Development of Urbanisation between Cambodia and Japa...
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Desirable district of Chamkarmon to see more high-end condominiums by 2021
- 12 February 2019
Phnom Penh’s most desirable district Chamkarmon is set to welcome more high-end condominium units by 2021 thanks to the recent ground-breaking ceremony of a 25-storey luxurious condominium project. On 12 February 2019, local real estate firm Century 21 V-Heritage Home Realty invested in its first residential project called ‘Amara Residence’ which is to be built by China Nuclear Engineering Co.,...
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New Khmer-thai International Checkpoint Ready in 2020
- 11 February 2019
A new Khmer-Thai checkpoint in Banteay Meanchey province at the Stung Bot International Checkpoint, in addition to the Poipet checkpoint, is scheduled to complete construction and open for service by next year, according to a report from the Ministry of Public Works and Transport (MPWT) on 9 February. Located about 7km from the Poipet International Checkpoint, the new project includes a bridge ...
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Three New Water and Sewage Facilities to Be Built in Phnom Penh
- 11 February 2019
Sample Photo Credit: Steffi A. Boehler/Flickr Phnom Penh Municipality is planning to construct two new underground water reservoirs and a new sewage line to help ease flooding as part of implementing the city’s development masterplan. According to a report by Phnom Penh Municipality released on 9 February, the first underground water reservoir will be built in Chaktomok commune and capable o...
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OCIC to develop commercial hub on Kaoh Norea
- 8 February 2019
Renowned Cambodian construction and real estate firm, Overseas Cambodian Investment Corporation (OCIC), plans to develop a huge commercial hub in the heart of Kaoh Norea, according to the company. OCIC Deputy General Director Mr Touch Samnang confirmed to Construction & Property Magazine on 08 February 2019, that the company plans to develop a huge commercial city in Kaoh Norea as reported ...
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Construction Sector Milestone: Domestic Cement Production Up to 3.6 Million Tons in 2018
- 8 February 2019
8 Construction Solutions which combined high-quality production expertis... Cambodia produced more than 3.6 million tons of cement at four cement factories in the first nine months of 2018, a positive sign that the construction sector is growing steadily, according to the latest figures from the Ministry of Industry and Handicrafts. The four factories responsible for this milestone output ar...
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Aluminium China 2019 Ushers in New Industry Era, Following Positive Performance Indicators
- 8 February 2019
Aluminium China 2017 This year’s Aluminium China exhibition and conference, which will be held in July, will again serve China’s rapidly expanding aluminium industry by showcasing new state-of-the-art processes and products in the fields of automotives, construction, transportation, aerospace and consumer durables. Following new green manufacturing trends, Aluminium China 2019 is set to help op...
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Two types of mall shaping Cambodia retail sector
- 7 February 2019
As the retail sector’s influence on Cambodia’s property development grows, industry players are now focusing on two types of malls that best serve the country’s consumers. Cambodia leading retail firm, Chip Mong Retail (CMR) recently unveiled its ambition to capture retail market share by segmenting the market into community malls and urban malls. “To compete effectively with the malls in Ca...
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