Central Mansions Taps Into Colonial Charm
After a large-scale refurbishment, the rebranded Central Mansions serviced apartment has fully launched operations. It offers residents a range of modern amenities in a building that recalls the Kingdom’s colonial era.
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VTRUST Releases Capital’s First Land Price Survey
Many property firms in Cambodia have had to use their own land price evaluations due to the fact that no recognized, accurate data on prices existed before.
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Local and Foreign Investors Form Property Joint
Realizing the demand for grade-A office space was outstripping supply, a group of local and foreign investors have a joint-venture called Kingdom Luxury Development Co. The goal is to build a new grade-A tower in Phnom Penh.
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Property In Brief
While the 2007-2008 economic downturn signaled a downturn in condominium developments in the Cambodian capital, the trend has been reversed, according to a report by CBRE Cambodia Research. Confidence in the viability of condo developments is growing,
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Property In Brief
The number of foreigners purchasing condominium units so far this year has increased between 10 and 15% over the same period last year, according to the research department of Bonna Realty Group. Foreigners have purchased about 1,200 condominium units so far in 2014,
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Buying Co-owned Properties
Living in a co-owned building or housing bloc (borey) is becoming more popular as Cambodians seek a modern lifestyle, but if property buyers don’t purchase smartly, they may face significant risk.
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Five Tips For Condominium Buyers
As the ASEAN Community edges closer, there has been a noticeable increase in the supply of condominiums on Cambodia’s property market. Recognizing Cambodia’s potential,
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Expat Serving Expats
Thanks to the thriving economy, many expats are now coming to Cambodia and observers predict more will come after ASEAN Integration in 2015. Anna Araki,
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Asian Investment Boosts European Real Estate Markets
Massive capital flow from east to west is driving investment and growth in European property markets according to experts who gathered at an Urban Land Institute Real Estate Trends conference in London last month.
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An Effort That Benefits All
After continued anarchic sand pumping along Cambodia’s rivers has affected the river banks and water quality, the government has decided to suspend and review the activities of sand pumping businesses following a similar ban over a year ago.
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Lighthouse Club Illuminates Site Safety
Cambodia is one of the most exciting markets in Southeast Asia and has experienced unprecedented political stability and growth in the last two decades and is one of the fastest growing economies worldwide. Latest reports from the World Bank are estimating Cambodian GDP growth for 2015 at 7.1 percent, with the strongest growth expected in the construction sector.
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Construction Safety: Minimizing the Hazards
Despite the building boom in Cambodia, very few construction workers and some project supervisors pay much attention to the risks they can face on construction sites.
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