Southeast Phnom Penh to Welcome New Luxurious Development
The Mekong Harmony. Photo Credit: Property Focus Chbar Ampov district is to welcome another luxurious waterfront villa project called The Mekong Harmony, which will be located along National Road No.1 nearby the well-known Borey Peng Houth and The Palm, according to a recent announcement by property agency Century 21 Cambodia. Located on approximately 7,000 square metres of land along the Me...
Read MorePPCC to House Over 56,000 Residents and Multiple Corporate Headquarters
Phnom Penh City Center (PPCC) has been chosen by The Funding Partners (TFP) to house their regional headquarters due to strategic factors such as geographical convenience, economic value, and significant returns of the office space acquisitions, according to Newswire. Marketed as the Pearl of Cambodia, PPCC is a mixed-use project that includes the capital’s first dedicated central business dist...
Read MoreUsd261 Million Spent on Upgrading Nr No.5 Prek Kdam – Pursat to 4 Lanes
National Road No. 5 Prek Kdam-Thlea Ma'am Prime Minister Samdech Hun Sen presided over the ground breaking ceremony on 26 May for the project to improve 135.24 kilometres of National Road No.5 between Prek Kdam in Kandal Province to Thlea Ma’am in Pursat province funded through a USD261 million loan from the government of Japan. The project will upgrade this road section to asphalt concrete ...
Read MoreAeon Mall 2 Sen Sok to Open Doors on 30 May
Aeon Mall 2 A second giant Aeon mall will open its doors in Sen Sen District on 30 May following the success of the first Aeon Mall in the Tonle Bassac area. The soft opening ceremony will be held on May 29 while May 30 is the public opening day, according to Aeon Mall 2 staff and an announcement on the Aeon Mall Sen Sok City Facebook Page. The Aeon Mall 2 Sen Sok is the second mall inves...
Read MoreTop 10 Smart Buildings in the World by Dave Tyson
The idea of ‘Smart…’ has become widely used in our current fast-moving hi-tech world terms such as smart phone, smart city, smart car, smart building, and the list goes on. Regarding the idea of smart building, Construction Global Magazine recently listed their top 10 smart buildings in the world in conjunction with Dave Tyson. Dave Tyson is a Managing Director at leading structural and civil e...
Read More7NG to build Intelligent & Innovation City in Kandal Province
Sample photo of the smart city. Photo Credit: Industry Tap 7NG (Cambodia) Co., Ltd has revealed an ambitious plan to build an Intelligent & Innovation City or I.I. City on a 777-hectare plot in Kandal Province, with the aim of creating the fully functioning smart satellite city in Cambodia. According to a press conference by 7NG (Cambodia) Co., Ltd on 17 May, the I.I. The city will consi...
Read MoreNew Cambodia-vietnam Border Market to Open in Tbong Khmum
Tbong Khmum Province A commercial market on the border of Cambodia and Vietnam named “Psa Dar” is expected to be open by the end of this year. Located in Dar commune, Memot district, Tbong Khmum province, the market has been funded via a USD2 million grant from Vietnam government. The market is expected to be a lucrative hub and employment creator for traders from Cambodia and Vietnam. Meanw...
Read MoreAwards Bring New Momentum to Cambodia’s Rapidly Developing Construction and Real Estate Sectors
The third annual edition of the PropertyGuru Cambodia Property Awards 2018, presented by KHI, was held on 16 March in Phnom Penh. The event witnessed a significant increase in the number of participants from both local and international industrial players, proving that the Kingdom’s construction and real estate sectors are becoming the more attractive to different kinds of investors around the reg...
Read MoreThailand Property Technology Firm Plans to Expand Business to Cambodia
A Thailand-based property technology company known as Baania is in negotiations with business partners in order to expand its business in Cambodia next year under a goal to boost revenue 50 per cent from last year, reported The Nation. Baania is online platform that provides a data analytics such as demand and supply analysis, market predictions, and brand value analysis, to help property buyer...
Read MoreChinese Company Buys Five Plots in Chroy Changvar for Future Projects
A Chinese firm, Jiayuan International Group, has recently entered into an agreement to acquire five plots of land in Chroy Changvar district at a cost of USD35.6 million for their future residential and commercial projects. The combination of five plots comprises a total area of approximately 608,140 square metres, which could be expanded to 3.5 million square metres in the future. The plots...
Read MoreSteel Industry Poised for Built-up in the Kingdom
A group of high profile businessmen and experts from related steel industry discussed and raised a various topics regarding steel industry development in Cambodia, aiming to put the spotlight on attracting more foreign steel millers to invest in the country. The trade panel discussion was organized by a local material construction supplier -ISI group, which its main production line are steel an...
Read MoreHow Green Space and Environmental Concerns Affect the Property Value
AA School of Architecture 2014 Phnom Penh continues to experience a greater density of developments as the real estate industry grow. The city’s population density is high, but green space per capita is falling below the average compared to other regional Southeast Asian cities. “There are many areas in Phnom Penh in need of green spaces,” according to Nguon Chhayleang, CEO of the Pointer. G...
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