English 
ខ្មែរ 
Philippines Bans Workers to Qatar
- 27 July 2017
The Philippines has banned workers from travelling to Qatar after four neighbouring Gulf States imposed a blockade on the tiny emirate in protest at alleged links to terrorist funding at the start of June. There are over 140,000 documented Filipino workers reside in Qatar, with many working on huge construction and infrastructure projects related to the 2022 FIFA World Cup. The government of...
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Banda Malaysia Facing Collapse
- 27 July 2017
The largest real estate project in Malaysia faces collapse after the government cancelled the contract with the Chinese-Malaysian developer in May after it failed to meet payments. Banda Malaysia was intended to be a flagship development creating a new business district and transport hub in downtown Kuala Lumpur spread across almost 200 hectares. It was also intended to be location of the st...
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Incomplete Projects Hamper Vietnam
- 27 July 2017
Despite Vietnam’s real estate market grabbing attention and headlines for its strong performance in recent years, prospects in the north continue to be hampered by large numbers of incomplete projects. Hanoi recorded 5,400 transactions and HCMC 5,870 respectively between January and May 2017 with May showing a strong average of 13 percent growth nationwide. The majority of deals are being tr...
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Thai Realty Market Rebounding
- 27 July 2017
The condominium market in Bangkok has experienced a slight upturn in Q1 2017 thanks to growing demand and a slowing in new projects coming online. Pre-sales of new projects in Q1 2017 was solid at 67 percent, a 3 percent increase over the same period in 2016. Both completion dates and sales slowed following the death of the Thai king in 2016. The average selling price for new CBD condominium...
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Rentals Driving Yangon Market
- 27 July 2017
With a vibrant rental sector driving the Yangon market, Myanmar real estate experts believe this trend could catalyse investment into residential developments and construction of new units. Rental fees in Yangon offer much higher returns on investment than any neighbouring countries such as Thailand and Vietnam. This offers great opportunities for local and international investors, who can now ...
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Hong Kong Market Hits Record Highs
- 27 July 2017
Residential property values in Hong Kong are now 75.9 percent higher than they were 20 years ago when the city was handed over to Chinese rule according to JLL’s Land and Residential Market Review. Investment from People’s Republic of China (PRC) continues to drive prices skyward in what is already the world’s most expensive city. The share of residential sites awarded to PRC develope...
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Sihanoukville Prices Rise on Jack Ma Rumours
- 27 July 2017
With Sihanoukville now enjoying a tertiary wave of large-scale Chinese investment, prices have experienced a sudden recent surge on rumours of a Jack Ma subsidiary company seeking to invest in a significant stretch of beachfront land. As Chinese buyers eye investments in land, hotels and condominiums, many for developments into gambling and entertainment facilities speculative pricing has becom...
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Gold Tower 42 Rumours Continue
- 27 July 2017
The saga of Gold Tower 42 continues to drag on with the developer denying a statement from the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) in June which indicated the building had been sold. Yon Woo Co. Ltd denied it had sold the project to another Korean developer and insists it is committed to completing the project according to reports in the Phnom Penh Post. The c...
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Innovative Market Idea Floated
- 27 July 2017
Plans for a floating market integrated in a large scale satellite city are being presented to the government as a scheme to attract tourists to Kandal province. The master plan envisages an entertainment, residential and industrial complex built on 1,000 hectares in in Vihear Sour commune in Ksach Kandal District of Kandal Province. The specially designed floating market is intended to cover 50...
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Phnom Penh, Beijing to Twin
- 27 July 2017
Phnom Penh and Beijing, the capitals of Cambodia and China, are discussing the possibility of becoming “sister cities” according to representatives of both. Wang De Xin, chief of the political section at the Chinese Embassy and Phnom Penh deputy governor Khuong Sreng confirmed the talks in March. “The main purpose of being sister cities with Beijing would be to support each other . . . to co...
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Boosting the Country’s Development
- 25 July 2017
Having workers in mind at construction sites : One building after another emerges from the grounds. It is obvious that many projects to develop Cambodia’s urban landscape is undergoing rapid changes – such as building offices, apartments, and shopping malls. The total investment in construction projects more than doubled to USD 8.5 billion in 2016 compared to the previous year, according to the La...
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National Road 55 Complete by 2018
- 25 July 2017
National Road 55 complete by 2018 Work is quickly proceeding on National Road 55 in Pursat province which will eventually link to the Thai border. Being built through the infrastructure funding support provided by the Chinese government through the One Belt, One Road (OBOR) initiative, the 182km road will connect the statue of Neak Ta Khleang Moeang in Pursat to the Cambodian-Thai checkpoint in...
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