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ខ្មែរ 
Two major associations to promote real estate valuation in Cambodia
- 30 January 2019
Cambodia's robust economic growth is generating increasing prosperity in the real estate sector, reflected by an increase in real estate prices across the country. According to two major associations, this trend is also making property valuation an essential path for sustainable growth of the sector. On 30 January 2019, Chairman of the Cambodia Constructors Association (CCA) Neak Oknha Pung Khe...
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UK Condo Adding More Stock to Local Condominium Market
- 30 January 2019
Condominium stock across Cambodia continues to rise with an average growth of around 18% in the fourth quarter of 2018, reflecting the country’s strong economic growth. With this influx of supply, condominium developer UK Condo & Construction Co, Ltd is gaining further market share thanks to its ongoing projects which now amount to more than 4,000 units across major cities. The firm rece...
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Construction Deal for National Road No.5 Signed
- 29 January 2019
The Ministry of Public Works and Transport (MPWT) has signed a construction deal with three Japanese firm as part of the US$500 million loan project funded by the government of Japan. The deal between the MPWT and Ilsung-Cienco I Joint Venture, Obayashi Corporation, and Tekken-Ikee Joint Venture, is for the work on the rehabilitation of NR5, for which each firm is to have different package all ...
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Feasibility Study Underway for Phnom Penh-siem Reap Expressway
- 29 January 2019
Two companies are conducting feasibility studies for a Phnom Penh-Siem Reap Expressway, according to the Minister of Public Works and Transport (MPWT) on 28 January 2019. Speaking to reporters after signing a road construction agreement with Japanese firms, H.E Sun Chanthol, Senior Minister and Minister of MPWT, said that two companies are now studying the feasibility of building the expressway...
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Gdt to Build Us$60 Million Office in OCIC Development Zone
- 28 January 2019
The General Department of Taxation (GDT) has chosen the development zone of the Overseas Cambodian Investment Corporation (OCIC) as the location for the construction of its new office building. The announcement was made by OCIC Chaiman Neak Oknha Pung Kheav Se on 26 January 2019 as reported by local media FRESH NEWS. The new building will have a total height of 36 floors and will be built in...
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Topping Out of Gold Tower 42 to Boost Property Sector
- 28 January 2019
The property sector in Cambodia is to see a boost as a result of the topping out of the Gold Tower 42 project in the heart of Phnom Penh on 28 January 2019. The news of the structural completion of the Gold Tower 42 structure has been welcomed by real estate experts in Cambodia, and founder of Key Real Estate Mr Sorn Seap expressed his great pleasure. “The moment I heard about the structural...
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US$2 Billion Phnom Penh-sihanouk Expressway Nearing Construction
- 26 January 2019
Photo by ឯកឧត្ដមបណ្ឌិត ម៉ុង ឫទ្ធី H.E Oknha Mong Reththy Ground is soon to be broken on the US$2 billion Phnom Penh-Sihanoukville expressway. Work will begin soon after the installation of the concrete mix factory, and construction materials and machineries have been imported. Work on this first expressway in Cambodia has been planned for more than a year and is now looking to begin soon, ac...
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Italian V-STEEL congratulates its 2018 winner of the year
- 25 January 2019
On Wednesday 23 December, 2018 Chip Mong Group, the exclusive importer of V-Steel, organised its last lucky draw event for 2018 to find the winner of the Ford Ranger, a Zoomer X motorcycle, and Iphone 8 Plus prizes. Full of excitement and happiness, Mr Chea Eang from Prey Veng, the lucky customer who won the Ford Ranger 2018, said during the V-STEEL lucky draw event, that “nowadays, he’s provid...
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Cambodian and Chinese Investors Team Up for Large Commercial City Project in Sihanoukville
- 25 January 2019
Sihanoukville is preparing to welcome construction on a large commercial city, a joint venture between local developers and Chinese investors. The K99 Group recently broke ground on the 'Are de Triomphe' commercial project, with a capital investment of about US$70 million, jointly owned by the company and Chinese investors. The 'Are de Triomphe' development includes construction of 36 buildi...
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Jakarta Risks Being 25% Underwater by 2025
- 25 January 2019
Research by an Indonesian university has shown that 25% of Indonesian capital Jakarta could be permanently flooded by 2025. The findings by the Bandung Institute of Technology indicate that Jakarta is considered the fastest sinking city in the world. Home to 13 million people, Jakarta has 13 rivers running through it and is situated on a huge swamp. Overdevelopment and a lack of proper plann...
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Phnom Penh to See Rise in Strata-title Office Supply in 2019
- 24 January 2019
Delays in the construction of landmark projects in 2018 will result in an increase in the Phnom Penh office strata-title supply in 2019, according to a report by real estate firm CBRE Cambodia. The recent Q4 2018 report forecasts that the office sector in 2019 is to see a rise in strata-title supply within the Phnom Penh market due to more stock coming online from Diamond Twin Tower and Star Ci...
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Analysis: 7 Things to Consider About the Real Estate Landscape in Cambodia
- 24 January 2019
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...
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