Mace Wins Vietnam Resort Project

UK company Mace has been appointed to oversee design, project and construction on a stunning new resort in Hoi An, Vietnam. Mai House Hospitality Group and Mace will develop the beachfront property into a five star mixed-use luxury resort featuring a hotel, villas, apartments, a golf course and shopping amenities. Designed to celebrate the shape of a Vietnamese lantern and modelled on the Bu...

Read More

Quantity Surveying Not Yet a Well-known Career in Cambodia

Quantity surveyor is actually an occupation in the construction industry to control costs for the developers and contractors within budget. The Royal Chartered Academy Institute (RCA) provides a 16-month Diploma in Quantity Surveying that focus on the four (4) major works for a quantity surveyor, which are measurement, procurement, tender process and contract administration. Measurement Am...

Read More

Japanese Firms Investing in Hotel Projects in Cambodia

Sample photo by Robert Kleiner Photography Since Cambodia is in need for more hotel rooms to accommodate the millions of visitors expected to visit the country, Japanese firm have been focusing on hotel development in the Kingdom. The Ministry of Tourism recently announced on its Facebook page that Japanese companies are starting to invest in luxury hotel projects in Cambodia. According t...

Read More

HOW TO TILE A WET AREA?

4 STEPS FOR A PERFECT TILING OF WET AREAS Wet rooms are essential human spaces across the globe, either a stylish big bathroom, or a practical small shower space, toilets, kitchens, laundry areas, balconies, patios or terraces: Sika offers systems for new and refurbishment works according to the specific requirements in wet rooms. You only need to follow below steps: 1. On a clean and sound ...

Read More

Mega Project Along Tonle Sap River Nearing Construction

On 17 November, 2018, Ms Mey, part of the sales team of Yuetai Group, which now owns the Phnom Penh Harbour site, said the company will begin construction in 2019, following its success in selling out its shop house and condominium projects. According to Ms Mey, the company has made a lot of sales for its first building. Of the 230 stores sold, only two stores remain while most buyers are Cambo...

Read More

Stylish Entertainment Centre ‘The Heritage Walk’ Inaugurated

A Stunning entertainment centre in Siem Reap has officially opened. On 16 November, 2018, ‘The Heritage Walk in Siem Reap was officially inaugurated. Located in the heart of Siem Reap, The Heritage Walk is designed in a Khmer architectural style, with the attractive design of the building reflecting Khmer identity. The entertainment centre was developed by Metro Lifestyle Development and is ...

Read More

Boeng Kak Ti Pir Largest Shareholder in Rental Apartment Supply in Tuol Kouk

While Tuol Kouk District is potentially strong in almost every aspect in property sector, Boeng Kak Ti Pir has captured the highest share of rental apartment supply. This reflect the recent real estate report compiled by one of Cambodia largest property appraisal Vtrust Appraisal Cambodia showing that apartment in Sangkat Boeng Kak Ti Pir has become the largest market leader among other Sangkat...

Read More

Home Loan Regulations Toughen in Thailand

In an effort to reduce speculation in the residential property market, Thailand’s central bank announced new rules at the start of October that will toughen mortgage lending requirements. From January 2019, a cap of 80% will be placed on the loan-to-value (LTV) ratio limit for homes valued more than THB10 million (USD306,466) which means buyers must place a minimum down payment of 20%. The new ...

Read More

Thai Brands Expanding Retail Presence in Cambodia

Rapid economic growth in Cambodia provides opportunity for people to be able purchase goods as well as and experience new services available in the market. With this market opportunity, foreign investors are increasingly supplying goods and services through the establishment of new retail markets across Cambodia. As a result, Thai-based retail brands are expanding their presence in the Kingdom....

Read More

Us$12 Million Runway Renovation Project Completed

The renovation of the multi-million dollar airport runway project is completed, according to the official press release. On 15 November, 2018, the developer and operator of Cambodia’s three airports, Cambodia Airports, announced the completion of the renovation project at Phnom Penh International Airport. According to the company, the renovation project of the 3000-metre long runway cost abo...

Read More

Booming Construction Industry Drives Brick Production in Cambodia

Photo by Compassionate Eye Foundation Thanks to the booming construction industry, brick kilns in Cambodia have significantly expanded across the country to capitalise on this growth. The number of brick kilns has grown dramatically over the last 10 years, as well as the means of production. According to Mr Veng Heang, Director of the Child Labour Department of Ministry of Labour and Vocatio...

Read More

Raffles Hotels in Cambodia to Be Renovated

The two luxury Raffles Hotel in Cambodia will soon be renovated, according to TTR Weekly. According to the same source, the Raffles Grand Hotel d'Angkor in Siem Reap and Raffles Hotel Le Royal in Phnom Penh will be renovated in early 2019. The hotels, which recently have been sold to a Singaporean firm, will be renovated in stages. For Raffles Hotel Le Royal in Phnom Penh, the company wil...

Read More