Asean Integration and Membership Top Agenda at Construction Summit
ASEAN’s upcoming economic integration has stepped up the pressure on the ASEAN Constructors Federation (ACF) to speed up work on harmonizing the construction industry across the bloc. At its April meeting, the ACF also discussed bringing new members on board.
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More Overseas Exhibitors to Join 2nd CCA Building Expo
Inspired by the success of its first building and property expo in December last year, the Cambodia Constructors Association (CCA) is aiming to fill 300 booths for the 2015 expo; a 20 percent increase on the 240 booths booked in 2014. The CCA also expects a significant increase in exhibitors and visitors from overseas thanks to extensive cooperation with international associations.
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Buildtech Asia 15 Showcases Smart Builds
Based in an advanced construction market, Singapore’s BuildTech Asia 2015 expo showcases the latest developments in construction technologies and materials for a smart built environment.
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China Aims to Equip World With High-speed Trains
China is currently in talks with 28 countries about high-speed rail projects, China CNR Corporation announced in February. Yu Weiping, one of the state-owned train manufacturer’s vice presidents, described the most promising projects as being in Russia, Thailand, and India.
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Loans Made Easier for De Castle Royal Clients
Housing loans are more popular now in Cambodia than ever before. The up-market condominium development De Castle Royal has inked an agreement with Canadia Bank to design a housing loan service that has helped boost sales.
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Singapore to Host Southeast Asia Property Awards 2014
Singapore will host the grand finale of the 3rd Annual Southeast Asia Property Awards 2014 in October to celebrate the region’s best property developers and projects and services across 31 categories.
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Siem Reap’s ‘OASIS’
After a groundbreaking ceremony held at the end of June, Hong Kong-based Cheung Sheng Global Holdings is underway with construction on the 18,000 sqm Oasis Integrated Resort close to central Siem Reap.
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Phnom Penh Office Rental Rates Fastest Growing in Region
Office rental rates in Phnom Penh were the fastest growing in the region in Q1 2014 according to the Knight Frank Asia-Pacific Prime Office Rental Index.
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De Castle Royal Open Doors to Residents
A new style of luxury living has opened in Phnom Penh in the form of the high-end De Castle Royal condominium development.
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Shelters for Expats
The journey toward ASEAN Integration in 2015, together with the resolution of the year-long political deadlock has attracted more expatriates to Cambodia which has, in turn, triggered the rapid growth of the apartment sector in the capital, according to a July market research report.
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Largest Property Brand Worldwide Arrives to Lead Market
U.S.-based Century 21 enjoys a global reputation and, having realized the potential that the Cambodia property market represents, the world’s biggest global franchised real estate operation officially celebrated its inception in Cambodia as its 75th market on 4 September, 2014
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Global Brief
Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data shows.
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