Serey Sophorn – Poipet Train Service Launched

Poipet Station The train service connecting Serey Sophorn to Poipets launched its first test service in early April and will officially open for service on 04 April with a special promotion offering free rides until July 31, 2018. Each scheduled service can carry up to 100 passengers and will have three return services per day at 7:00am, 10:30am and 2:15pm departing from Poipet. The rail ...

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Road From Battambang to Khmer-thai Border Officially Open

Deputy Prime Minister and Minister of Ministry of Interior Samdech Sar Kheng this morning presided over the grand opening ceremony for the official use of Road No. 1577 connecting Rattanak Mondul District to the Khmer-Thai border in Samlot District of Battambang Province. This 51.8 kilometre section road section has been undergoing upgrading work for about 23 months and was completed in late 20...

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Will People Continue to Buy Borey Properties in 10 Years?

In Cambodia, boreys have become the most popular property among the local buyers over the past decade. More and more boreys have come onto the market in response to the high demand and more Cambodians are moving from old style shop houses in the city centre to boreys. According to a survey conducted by Key Real Estate Co., Ltd., there were a total of 104 borey projects in Phnom Penh in 2017. Ho...

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USD30m Penthouse Residence Tops Out With 70 Percent Sold

The management and engineering team of The Penthouse Residence Condo project presided over the topping out ceremony for the completion of the building structure on March 29 and confirmed that the project would be fully completed by the end of 2018. Located in the heart of Phnom Penh’s fast-growing riverside commune along Sothearos Boulevard in front of Sofitel Phokeethra Hotel and Aeon Mall, th...

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Premier Land Sen Sok Phase Ii 90 Percent Sold Out

The Premier Land Sen Sok Avenue development has seen 90 percent of Phase II already sold following the swift selling out Phase I even before the ground breaking ceremony in January. With an investment value of approximately USD92 million by L.Y.P group, the current project consists of two phases building a total of 271 shop houses. Each shop house is 4-storeys high, 4 metres wide and 23 metres ...

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Expert Predicts More Locals to Buy and Live in Condos in Future

The number of locals buying and living in condominiums in Phnom Penh has grown slightly in the past few years and is expected to increase more in the future, according to a leading real estate analyst. In general, Khmer people usually prefer to buy a house with land rather than a room inside a building and sharing the space with others, which is why boreys have become the most popular property ...

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World’s First Fully Rotating Skyscraper to Start Construction in 2020

After spending a decade studying the project, Dubai is scheduled to build the world’s first fully rotating skyscraper, The Dynamic Tower, according to The Daily Mail. With an estimated investment value of USD1.2 billion, the Dynamic Tower will soar 420 metres high with 80 storeys. Each unit will be able to be individually rotated 360 degrees around its concrete core allowing all residents to se...

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Experts Share Visions At 7th Annual Vertical Cities Conference

The 7th Annual Vertical Cities conference, organised by marcus evans, was hosted in Thailand in March with industry experts gathering to share their knowledge on vertical cities across the spectrum of planning, design, building operation, sustainability and long-term commercial viability. This year’s event was held over three days from March 7 to 9 at The Peninsula Bangkok, Thailand. The summit...

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HLH Group Selling Hotel in D’seaview Project in Sihanuokville for Usd 15.7mn

D’Seaview HLH Group, a large Singaporean real estate developer, is selling the 98-room hotel in its D'Seaview project in Sihanoukville for USD 15.7 million, according to The Straits Times. The hotel is part the project named D'Seaview, which is HLH Group’s first freehold mixed-use development in Cambodia and features 737 residential units and 67 commercial units. The group also holds the lan...

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L.Y.P. Invests Usd10 Million in Sen Sok Convention and Exhibition Centre

Sen Sok Convention and Exhibition Center L.Y.P group is scheduled to finish the construction and open a new Convention and Exhibition Centre by the end of this year in Sen Sok district following the popularity of similar facilities on Diamond Island. Located in front of Aeon Mall II, this convention and exhibition centre is being built on more than five hectares of land with a total of seven...

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CCA helps educate construction business operators on workers’ safety

The Ministry of Land Management, Urban Planning and Construction (MLMUPC) in cooperation with Cambodia Constructors Association (CCA) held a seminar on 27 March to help educate construction-related business operators about workplace safety using a newly-published safety handbook. Held at the MLMUPC office, the seminar was opened by the undersecretary of state H.E. Lao Tep Seyha and joined by mo...

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Fortune Tower Tops Out With 70 Percent of Units Sold

The Olympia City management team held a topping out event last week to announce the completion of the Fortune Tower (C7) building. “This topping out completes the building construction. However, the interior has yet to be completed. We are working hard to make the project fully complete and ready to move in by 2019,” said Planning Manager Jang Hong Suk. “At this stage, C7 has been 70 percent...

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