Analysis: 7 Things to Consider About the Real Estate Landscape in Cambodia
The real estate sector in Cambodia has seven main areas to be considered, according to the results of a press conference on the real estate situation in Cambodia held on 24 January 2019. The press conference, organised by the Club of Cambodian Journalists (CCJ) and the Cambodian Valuers and Estate Agents Association (CVEA), concluded that the current and future real estate situation in Cambodia...
Read MoreHigh Bangkok Prices Shift Developers’ Focus
Property developers in Bangkok are shifting their project priorities due to the rapidly rising land prices in the Thai capital according to a new report from CBRE Thailand. An increasing reluctance to pay such high prices for prime freehold plots has seen developers diversifying toward built-to-hold assets such as serviced apartments, offices and hotels rather than build to sell assets such as ...
Read MoreChip Mong Aiming to Gain Retail and Shopping Mall Market Share
One of Cambodia’s leading conglomerates Chip Mong Group has announced their intention to capture retail and shopping mall market share with attractive business strategies during a 23 January press conference. As the retail sector in the Kingdom grows, along with stronger competition in the market, Chip Mong Retail (CMR) and Chip Mong Land (CML), subsidiaries of Chip Mong Group, have teamed up t...
Read MoreCambodia to See Massive Infrastructure Investment From Chinese Firms
Chinese companies are to invest heavily in Cambodia infrastructure as a result of the recent meeting between Prime Minister Samdech Techo Hun Sen and Chinese investors in China. On 21 January, 2019, Samdech Techo Hun Sen's official Facebook page posted a five-minute video about the outcome of the meeting which saw three infrastructure firms express their interest in building massive infrastruct...
Read MoreFoundations Laid on Us$56 Million Mekong Bridge Crossing
Foundations have been laid on the US$56 million spanning the Mekong between Kampong Cham and TbongKhmum provinces, according to the Ministry of Public Works and Transport (MPWT). Work on the Cambodia-China Friendship Bridge of Stung Trang-KrouchChhmar, began in early February 2018, and the bridge foundations are now laid according to images posted by MPWT. Funded by a loan from the Chinese g...
Read More‘Amory 7makara’ Development Plots Officially Open for Sale
One of Cambodia largest property firms has officially announced the launch of sales for the ‘Amory 7Makara’ development project, according to their press release. Over the weekend, real estate firm Amory announced the opening of the sale of ‘Amory 7Makara’ located along 7 Makara Street, which connects National Highway No 6 to Oknha Ly Yong Phat and links to National Road 5. The ‘Amory 7Makar...
Read MoreTax Relief on One-time Payment for Stamp Duty Continues
The General Department of Taxation (GDT) has decided to continue granting tax relief for the one-time payment on stamp duty for property ownership transfer, according to online media DAP NEWS. According to a letter dated 16 January, 2019 obtained by DAP NEWS, H.E Kong Vibol, Delegate of the Royal Government in charge as Director General of GDT, agreed to continue granting the tax relief for own...
Read MoreFast Fashion Retailers in Cambodia
Consumer optimism in Cambodia is high as the economy booms. More and more affordable international fashion brands are enteringthe market, and this brings more choices for the customers.Not only in Cambodia, but the fast fashion business model has revolutionised the apparel industry all over the world thanks to a good pricing strategy. Fast fashion retailers offer trends in the season that allow th...
Read MoreLG TWIN WASH!
The new modern washing machine LG TwinWash uses the latest technology in the laundry industry. Today, we will showcase the features that make it deserve to be top of any customer’s list. 1. Brand New Ergonomic Design -LG TwinWash has a small size and is easy to store at home. The new design is easy to turn on/off, there is a visible mirror layer allowing us to see the inside of the machine. ...
Read MoreChina Completes Construction of 88 High-rise Buildings in 2018
The popularity of high-rise construction in China's has reached new heights with more than 80 high-rise buildings completed within one year. According to a report on tall buildings released by the Council of Tall Buildings and Urban Habitat (CTBUH), China has recently taken the lead in skyscraper construction, with 88 high-rise buildings completed in 2018, more than anywhere else in the world. ...
Read MoreCambodia Seeing New Property Development Wave
While property market tends to move in certain cycles of development, Cambodia is now seeing a new trend of development towards commercial projects, according to real estate insiders. Speaking on the sidelines of the recent media round table for the launch of the Cambodia Property Awards 2019, Mr Jules Kay, Business Director for the PropertyGuru Asia Property Awards, said that following his mee...
Read MoreFeature Video: Cambodia Construction Expo 2018-2019
<div class="youtube"> https://www.youtube.com/watch?v=kRUjB82yKXk&t=99s </div> Every year, the Cambodia Constructors Association organizes the nation’s leading construction industry exhibition. A central pillar in the association's strategy to attract more investment to the sector, the exhibition promotes business networking and showcases the best products and services available...
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