Solarhome Targets Myanmar
A Singapore-based company providing solar energy solutions for rural households not connected to electricity grids is looking to Myanmar as its next target market. SolarHome, which currently has operations in Cambodia, Indonesia and the Philippines, already has a presence in Myanmar but is hoping to invest up to USD25 million over the next five years, starting with an initial USD1.5 million in ...
Read MoreSino Plaza Halts Sales
In another example of developers modifying plans in response to rapidly changing market conditions, a huge residential development in Boeung Trabek has reportedly halted sales and provided customers with full refunds. According to a recent report in the Phnom Penh Post, the USD250 million Sino Plaza project is no longer accepting customers though is continuing with construction albeit with an a...
Read Moreសមាគមអ្នកសាងសង់កម្ពុជា (CCA) ជួយរដ្ឋាភិបាលក្នុងការប្រយុទ្ធប្រឆាំងនឹងគ្រឿងញៀន
ដើម្បីជួយដល់យុទ្ធនាការប្រឆាំងគ្រឿងញៀននៅទូទាំងប្រទេសរបស់រដ្ឋាភិបាល ក្រុមហ៊ុនសមាជិករបស់សមាគមអ្នកសាងសង់កម្ពុជា (CCA) បានប្តេជ្ញាចិត្តធានាថាសហគ្រាសរបស់ពួកគេមិនមានពាក់ព័ន្ធនឹងគ្រឿងញៀននោះទេ។ នៅក្នុងពិធីទទួលទានអាហារពេលល្ងាចជាមួយនឹងពាណិជ្ជករនាំមុខគេរាប់រយនាក់ពីវិស័យឯកជននៅក្នុងប្រទេសកម្ពុជារួមទាំងប្រតិភូ ១០ រូបមកពី CCA នាថ្ងៃទី ៧ ខែមេសា រដ្ឋមន្ត្រ...
Read MoreChanging Trends in Sihanoukville’s Economy
Tourism has always been the key contributor to the Sihanoukville’s economy and while it remains the heartbeat for this coastal city, attention has shifted to demand for real estate with developers and investors looking to the area. “Sihanoukville is a nice city but business activities have not evolved much. People usually want to buy properties near the beach for the nice view and coziness,’’ e...
Read MoreCreating a Motivating and Conducive Work Environment
The Phnom Penh office market currently enjoys modest levels of occupancy rates. As the market anticipates a significant amount of future supply, tenants requiring large spaces will have plenty of choices. However, choosing the right office location with productive work spaces is crucial to the success of any business. Robust future supply means tenants are given more options for their office lo...
Read MoreToul Kork Set for the Parkway in 2020
The Toul Kork skyline is set for a major change when it welcomes ‘The Parkway’ in 2020, claimed by the developers to be the first-ever mix of Cambodian architecture and modern style condominiums. A joint venture between locally-owned Parkway Investment Co., Ltd and Chinese-owned Nantong City Daxin Engineering (Cambodia) Co., Ltd, the 1,500-unit landmark development is to be built on a 17,000 sq...
Read More17 Awards Presented at 2nd Cambodia Property Awards
A total of 17 awards were presented to the nation’s outstanding property developments at the 2nd Cambodia Property Awards hosted on 24 March at Sofitel Phom Penh Phokeethra Hotel attended by some 300 industry guests. Among the iconic property developments located in Phnom Penh, Siem Reap and Sihanoukville, last year’s champion Borey Peng Huoth Group, developer of the acclaimed residential proje...
Read MoreCondominiums: Two Things to Be Reviewed Before Purchasing or Selling Units
Before deciding to purchase a unit located within a condominium, any potential buyer will have to consider various factors, such as the location of the condominium, the description and quality of the materials used, the size and price of the unit, the identity and experience of the developer, and the construction insurance policy.Two others factors, often forgotten, must be reviewed as they can ha...
Read MoreWhat Is Missing in Phnom Penh’s CDB?
Phnom Penh offers ample choices of restaurants, but when it comes to authentic restaurants with quality food in the Central Business District (CBD), very few meet the requirements of good ambience, tasteful décor, five-star service and good parking space. Those that do without being unreasonably expensive attract significant business. In the daytime, the areas around Wat Phnom are the hub of Ph...
Read MoreOlympia City Offers 95% Loans for 25 Years
To help facilitate buyers to acquire their dream homes at the centrally-located Olympia City, the developer is now offering loans of up to 95 percent of the property price with payment terms of up to 25 years. Developed by Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer which is behind dozens of property developments, the Olympia City development is being financed...
Read MoreWealthy Cambodian Buyers Investing in Australian Properties
Australia has long been a destination of choice for property investors looking for overseas investments. The lifestyle, language, healthcare services and educational opportunities reinforces the country’s position as a world-class destination for investors. It has always been viewed as a safe haven with a strong and established legal structure, asset protection and multi-cultural society. “Cambodi...
Read MoreCambodia Architect & Decor 2017 Expo Brings the Best of International Design to Cambodia
For its 2nd edition from June 8th to 10th, Cambodia Architect & Decor will welcome 150 local and international brands to showcase their latest innovations, seek new opportunities and exchange on the growing importance of design in Cambodia’s booming construction market. The event will also host an educational seminar, a student design competition and a networking architect dinner, in additi...
Read More