Australia to Charge Fees On Overseas Property Buyers
After a sharp rise in property prices in Australia due to a 60 percent rise in Chinese buyers, the government plans to charge foreign property buyers fees to deter foreign buyers.
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Asia Dominates Priciest Office Space
According to CBRE Research's biannual Global Prime Office Occupancy Costs survey, Asia continued to dominate the world's most expensive office locations, accounting for seven of the top ten markets.
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Soaring Sales See China’s Biggest Developers Go Global
Chinese buyers spent more on a commercial real estate outside China than in the country for the first time last year.
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Route 1 Land Prices Rise Thanks to New Infrastructure
Cambodian real estate industry insiders have said that property prices along National Route 1 rose by 30 percent in some areas in 2014.
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Booyoung Town to Resume Works Early 2015
After halting shortly after breaking ground in May 2013, work on the stalled US$1.1 billion Booyoung Town development is set to resume early this year.
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Riviera Condos to Start Construction
Construction on Cambodia’s most costly condominium project, the Diamond Island Riviera, is planned to start mid-year according to the project manager.
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Mortgage Availability Helps First-timers Buy Homes
According to figures from Cambodia’s lenders and leading real estate industry insiders, more and more young and first time buyers people are purchasing homes thanks to the greater availability of financing options such as mortgages.
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Sumitomo to Build Usd40 Million Thermal Power Plant in Myanmar
Sumitomo Corp. announced at the start of March that it had won a contract to construct a thermal power plant in Myanmar.
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Mass Transport Systems? The Future for Phnom Penh?
Phnom Penh is growing, but is the transport system that keeps the city moving, much like blood through the arteries and veins of a body, keeping up with the pace?
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Mixed Use and Retail Development: a Story of Value-added by Design
A mixed-use and retail development is a real estate mission with planned integration of combinations of retail, office, residential, hotel, recreation or other functions. It is pedestrian-oriented and contains elements of a live-work-play environment. From a developer’s perspective a development should maximize space usage, bear upscale amenities and strong architectural expression that tends to mitigate traffic and sprawl.
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Global Anti-fire Brand Arrives in Cambodia
With thousands of oil and gas stations being erected nationwide in line with infrastructure, economic, and construction growth, the potential for fire-based incidents has increased.
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Seminar Highlights Urgency of Building Code
BritCham and IBC held a joint seminar on Building and Fire Safety Standards with the UK Royal Institution of Chartered Surveyors (RICS) on 13 March at the Hotel Intercontinental which attracted approximately 300 people.
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