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 ...
Read MoreWorld’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...
Read MoreExperts 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...
Read MoreHLH 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...
Read MoreL.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...
Read MoreCCA 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...
Read MoreFortune 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...
Read MoreBattambang – Banteay Meanchey Road to Expand to Four Lanes in 2020
Prime Minister Samdech Hun Sen this morning presided over the ground breaking ceremony for the project improving 84.74km of National Road No. 5 between Battambang and Serey Sophorn funded through a USD185 million loan from the government of Japan. The project will upgrade this section of road section to Asphalt Concrete and expand it to 23 metres wide from two lanes to four lanes. In addition, ...
Read MoreBorey Peng Huot Group Invests Usd60 Mn in Another Mall South of Phnom Penh
PH Diamond Place Mall PH Diamond Place Mall, another shopping mall by Borey Peng Huot Group, has begun construction following the ground breaking ceremony on the weekend of 24 March presided over by H.E. Senior Minister Chea Sophara, Minister of Land Management, Urban Planning and Construction together with the Borey Peng Huot Group management team. Located south of Phnom Penh along Hun Sen ...
Read MoreUsd94 Million Renovation Starts on National Road No.11
PM Hun Sen shakes hand with Chinese Ambassador Xiong Bo Prime Minister Samdech Hun Sen this morning presided over the ground breaking ceremony for the re-construction of National Road No.11 and the bypass road connecting Neakloeung to Thnal Totoeung with a total length of 96.48 kilometres. These routes will connect National Road No. 1 and No. 7, from Neakloeung junction in Prey Veng Province...
Read MoreWorld’s Highest Sky Bridge to Open Next Year
CapitaLand has recently set a new world record with Raffles City Chongqing in China as the building with the highest sky bridge linking the most number of towers, according to the developer. Named The Conservatory, the sky bridge is world’s highest horizontal skyscraper at 400 metres above sea level. It is designed in a curved accordion-shaped horizontal building measuring 300 metres in length,...
Read MoreCis Koh Pich Campus Breaks Ground on Usd20 Million Expansion
General Director OCIC Group Neak Oknha Pung Kheav Se yesterday presided over the ground breaking ceremony for the construction of the Phase 2 expansion of the Canadian International School in Diamond Island. After completion in the next 18 months, the school will cover more than three hectares of land and feature a new CIS secondary school from grades 7-12, swimming pool, running track, Black B...
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