Vietnam’s Real Estate a Magnet for Japanese Investors

Vietnam’s real estate market continues to attract large scale investment from Japanese firms with a new USD1 billion investment announced in September. A joint venture between Japan’s Kajima and Hanoi-based Indochina Capital will see investment into 50 potential projects over 10 years which will include serviced apartments, hotels and office buildings. Four are expected to start within 15 mo...

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Vietnam’s Real Estate Sector Booming

Vietnam’s real estate sector continues to go from strength to strength with USD1 billion in foreign direct investments (FDI) in real estate in Q3 2016, according to the Ministry of Planning and Investment’s Overseas Investment Agency. A total of 34 new property projects were realised in this period, with real estate representeing 6.1 percent of the total FDI by the end of Q3. According to Sa...

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Smart Borey on the Horizon

A new borey planned for development along the freshly-constructed Hun Sen road is intended to the first ‘smart’ community in the capital. Designed by Singapore’s Ong and Ong Architects, Borey Woodland is a joint venture partnership between Cambodian developers Furi Real Estate and Naki Group and will feature smart lifestyle technology such as electronic controlled doors and a personalised telep...

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Chip Mong Sign Hyatt Deal

The Chip Mong Group has entered into a management agreement with the Hyatt Hotel & Resort to build and operate a five-star Hyatt Regency hotel in the centre of Phnom Penh, according to a press release from the hotel group. Hyatt Hotels Corporation announced that a 250-room hotel would be built “across from many of the city’s most popular tourist attractions, including the National Museum an...

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Developer Puts The Bay on hold

The developer behind the award-winning USD500 million The Bay condominium on Chruoy Changva has announced that is putting the residential part of the project on hold. TEHO International Co Ltd, the Singaporean parent company of The Bay’s developer and marketing firm, announced in September that the decision to suspend residential construction was due to its concern that there were too many cond...

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Royal Bayview Aims for Independence Beach

While many new property developments have crowded Phnom Penh and its vicinity, Royal Bayview has distinguished itself from the crowd by developing only at one of Sihanoukville’s premier beach locations, specifically designed for residents who love coastal scenery and fresh sea air. Located at Independence Beach, which is one of the best natural beaches in Sihanoukville, the project is to be bui...

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Market Opportunities & Potential : Luxury Retail Market in Cambodia

Retailers are pursuing new growth opportunities; they are eyeing countries new to modern retailing and customer segments hungry for specialty products, with a reasonable level of local demand. The luxury retail market in Cambodia is relatively new. Despite its small size, the country has seen a rise in the premium segments and become the new playground for big name retailers. Wealthy consumers ...

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Investing in Branded Residences

Buyers all over the world are looking for interesting real estate opportunities. Over the years, the branded residence sector has continued to intrigue developers and real estate investors in Southeast Asia. Here in Cambodia, the market forbranded residences is relatively small but expanding. The number of hotel operators offering branded residences has been gradually increasing over the last 1...

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Phnom Penh Market Flooded by Smaller Condo Units

Traditionally, Cambodians prefer property at ground level. However, the increased security and lower maintenance costs of condominiums is causing their attitudes to shift. The real estate market in Phnom Penh is going through a very big shift with significant focus on condominiums and serviced apartments, with fewer office buildings and hotels, and a limited number of retail centres being built...

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Ta Khmao’s Condo Towers to Break Ground in 2018

Construction of the luxury twin condominium towers of Center City Takmao complex will kick off in early 2018, following the completion of the commercial shop houses and other commercial buildings in late 2017. Located just 15km south of Phnom Penh along the Tonle Bassac riverfront, construction on the USD150 million complex has sped up on its 68 commercial shop houses which has resulted in over...

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Garden Taking Root in Modern Lifestyles

As lifestyles and living environments become ever more sophisticated, Sokea Garden aims to be the leading local botanic decoration expert working to international standards. Maslow’s human need theory argues that after fulfilling their basic needs such as shelter, food, and clothes, people seek comfort and entertainment and a similar trend can now be seen emerging in Cambodia as increasingly af...

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Generating Positivity for the Real Estate Market

Many people are feeling the pressure and fearing for a collapse of the real estate industry in the near future. This fear is not necessary. Being careful and considering before investing or buying real estate is not a bad thing, but even when the market is strong you should still do the same. One thing is sure: we need housing for an ever growing population in the world as well as in Cambodia. ...

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