English 
ខ្មែរ 
World Bridge Homes Adjusts Low-cost Housing Project Payment Policy
- 5 February 2018
In response to market feedback, World Bridge Homes announced on February 2 an adjustment to the down payment policy of its low-cost housing project by extending the payment period from six months to 24 months. World Bridge Homes’ low-cost housing project aims to help low-income citizens buy affordably priced homes. The project consists of 2,457 houses on 24 hectares of land in Saang district, K...
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Aecom Overseeing Malaysia Rail Link
- 3 February 2018
US engineering firm Aecom has been selected by the China Communications Construction Company (CCCC) to supervise the construction sites on the USD13bn East Coast Rail Link (ECRL) project in Malaysia. In a press release, Aecom said it would be looking after all stations, viaducts, tunnels and depots on the project, which involves building an electrified standard-gauge line from Port Klang, in th...
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Usd6.7bn Upgrade Proposed for Philippines Airport
- 2 February 2018
A USD6.7 billion proposal to triple the capacity of Ninoy Aquino International Airport (NAIA) in the Philippines capital of Manila has been submitted by a local consortium to the Department of Transportation for consideration. The 70-year-old airport has far exceeded its original annual capacity of 30 million and last year saw over 42 million passengers transit. The new proposal has been sub...
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Oxley on Track With Usd2.5bn Myanmar Station Upgrade
- 2 February 2018
Yangon Central Railway Station area in Myanmar is set to be transformed into a modern transport hub in a USD2.5 billion renovation to be carried out by a consortium of A Singapore-listed Oxley Holdings, local firm Min Dhama Co Ltd and Beijing-based Sino Great Wall Co Ltd. Myanmar Railways selected the group to develop to develop the 25.7 hectare site located on the station originally built in t...
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Mlmupc Diary: November – December 2017
- 20 January 2018
(06 Nov) Monthly work reviewed Minister of Construction H.E. Chea Sophara presided over a meeting on monthly work progression for October, and set new objectives for November. In the official meeting, the Minister made an announcement to appoint officers and for them to make their commitment to achieve the collective goals for the ministry. (08 Nov) Affordable housing project kicks off ...
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Seoul transit hub design wins award
- 15 January 2018
An international competition to design a USD1.2bn transport hub and shopping centre for the Gangnam district of Seoul has been won by French firm Dominique Perrault Architecture. The multi-use development in downtown Seoul will feature a train station, shops, an art gallery, and educational centre and parks, and when complete will be the largest underground complex in South Korea. Named ‘Lig...
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Uk Sells Thai Embassy
- 15 January 2018
The UK Foreign and Commonwealth Office (FCO) is to sell its 3.7ha Bangkok embassy in the Thai capital’s exclusive Wireless Road area for USD600m. The sale represents the largest ever real estate transaction by the FCO and also, according to the FCO, the “biggest land deal in Thai history”. The Bangkok embassy is being sold to a joint-venture consortium of Hongkong Land, a member of the Jardi...
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Vietnam Real Estate Mergers Hit Record High
- 15 January 2018
Sustained foreign investment in Vietnam’s real estate sector resulted in mergers and acquisitions (M&A) reaching a record total of USD1.5 billion in 2017, according to a recent report by real estate and investment management firm JLL, reported in DEALSTREETASIA. Foreign investors from Japan, Korea, Singapore and China see Vietnamese real estate as an attractive opportunity, with M&A and...
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Myanmar Interest Rates Under Pressure
- 15 January 2018
The government of Myanmar is under pressure from the real estate industry to reduce the high capital gains tax and interest rates on borrowing to boost investment in the construction and property sectors. The Myanmar Construction Entrepreneur Association (MCEA) is leading calls for capital gains tax to be reduced from 30 percent to 5 per cent. Property developers are also leading calls for borr...
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Mitsubishi Invest in Hcmc Residential
- 15 January 2018
Mitsubishi Corporation (MC) recently announced that it had reached an agreement on its participation in a residential development project underway in Ho Chi Minh City (HCMC), Vietnam. The project is being developed by Phuc Khang Investment and Construction Corporation (PK), a real estate developer in Vietnam. MC is already engaged the real estate development business in two cities in Vietnam - ...
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អគារតេជោសន្តិភាពកម្ពស់ ៩ជាន់ តម្លៃជាង២៣ លានដុល្លារ ដាក់សម្ពោធឲ្យប្រើប្រាស់ជាផ្លូវការ
- 15 January 2018
អគារព្យាបាលជំងឺមហារីក និងសម្ភព ដែលមានឈ្មោះថា «អគារតេជោសន្តិភាព» ស្ថិតនៅក្នុងបរិវេណមន្ទីរពេទ្យកាល់ម៉ែត្រ ដាក់សម្ពោធឲ្យប្រើប្រាស់ជាផ្លូវការនៅព្រឹកថ្ងៃទី១៥ ព្រឹកមិញនេះ។ អាគារតេជោសន្តិភាព ត្រូវបានសាងសង់ឡើងអំពីបេតុងអាម៉េមានទទឹង ៤០.៥០ម៉ែត្រ បណ្តោយ ៤៨.៦០ម៉ែត្រ មានកម្ពស់ ៩ជាន់ ហើយបានចំណាយថវិកាសាងសង់តម្លៃជាង ២៣លានដុល្លារ។ អគារដ៏ថ្មីសន្លាងនេះ មានលក្ខណៈពិសេសដែលរៀបចំ និងរចនាដោយស្ថាបត្យករជាតិ និងអ្នកជំ...
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Singha, Hong Kong Land Ink Jv
- 15 January 2018
Singha and Hong Kong Land have signed a deal to develop a luxury condominium project in Bangkok’s central business district.Singha Estate is the property development arm of Boon Rawd Brewery which produces the iconic beer. The USD61.3 million project is the second time the companies have come together in a real estate joint venture.The first project, The Esse Sukhumvit 36, is a high-rise condo pro...
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