Cambodia’s Retail Market: a Competitive Frontline
Cambodia is seen as one the most dynamic and attractive retail markets in South East Asia thanks to strong economic growth and a rising middle class. Over the last year domestic retailers have been facing growing pressure from an increasing number of foreign competitors. The retail market in Cambodia has recently seen a wave of foreign investors from China and Japan, with possibly more from Mal...
Read MoreCasa Meridian Launches Lease-to-own Deal
In line with the maturing market and the need to attract new kinds of investors, the luxury Casa by Meridian condominium has launched a lease-to-own initiative for the first time in Cambodia. The lease-to-own plan allows a person, family or business to lease a space first for three years and enjoy growing their family or business from there. After the three years, they can exercise the option t...
Read MoreSingapore Masterminds New District
Planning for an exclusive new district in Singapore is being led by Dutch company KCAP Architects & Planners according to the Singapore Urban Redevelopment Authority (URA). A mixed-use masterplan is being developed for the “Lakeside Gateway” area in Jurong Lake District, linked to the new terminal of the Kuala Lumpur high-speed line. The plan focuses on creating a “district of the future...
Read MoreCapitaland Goes Grade a in Vietnam
CapitaLand, one of Singapore’s leading property developers, has purchased a site to build its first international Grade A office tower in Ho Chi Minh, Vietnam. CapitaLand Vietnam has acquired a 0.6-hectare site in District 1 to construct 1 240 metre high premium office facility and will utilise USD500 million fund it has dedicated to the Vietnam market. “The acquisition and development of ou...
Read Moreពានរង្វាន់អចលនទ្រព្យម៉ាឡេស៊ីកំពុងបន្តទៅមុខ
ការតែងតាំងបេក្ខភាពសម្រាប់ពានរង្វាន់អចលនទ្រព្យអាស៊ីប្រចាំឆ្នាំលើកទីបួន (ម៉ាឡេស៊ី) បានបើកទទួលអ្នកចូលរួម ដោយអ្នករៀបចំកម្មវិធីរំពឹងថានឹងទទួលបានជោគជ័យ យ៉ាងអស្ចារ្យលើសកម្មវិធីឆ្នាំមុន។ ពានរង្វាន់អចលនទ្រព្យអាស៊ី (ម៉ាឡេស៊ី) បានផ្តល់ពានរង្វាន់អ្នកអភិវឌ្ឍន៍ និងគម្រោងអចលនទ្រព្យល្អបំផុតសម្រាប់ប្រទេសដែលមានទីតាំងស្ថិតនៅក្នុងទីផ្សារអចលនទ្រព្យដែលបានបង្កើតឡើង និងកំពុងរីកចម្រើននៅទីក្រុងកូឡាឡាំពួរ ទីក្រុងប៉េណាំង ...
Read MoreVietnam to build giant steelworks
A giant steelworks manufacturing complex is to be built in central Vietnam as part of a government plan to reduce the nation’s dependence on Chinese steel imports. Hoa Phat Group will build a USD2.7bn facility in Quang Ngai province with a total eventual capacity of 6 tons per year. The government plans to build 10 similar plants nationwide in an effort to offset the 18 million tons of steel th...
Read MoreMega PPP scheme for Thailand
A mega 11 project infrastructure program worth USD20bn has been announced by the Thai government to be approved by its PPP (Public Private Partnership) committee in 2017. Three projects to extend the Bangkok metro are worth an estimated total of USD9.2bn, two high speed rail links from the capital to southeast coastal resorts are slated to cost USD7.5bn while a Suvarnabhumi airport rail link is...
Read MoreThe Bridge tops out
The Oxley-Worldbridge multi-use showcase development The Bridge topped out ahead of schedule at the end of 2016 with a formal ceremony celebrating the success. After starting construction in 2014, the USD300 million twin tower project now has 45 storeys and stands 160m high on the bank of the Chaktomuk River in downtown Phnom Penh. When completed, The Bridge will feature luxury condominium u...
Read MoreCambodia, Vietnam discuss toll highway
Construction of toll highway between Cambodia and Vietnam was the subject of discussions between the two governments in January. The 232km National Road No.1 currently links the two neighbouring countries with travel time recently improved with the opening of the spectacular Kizuna Bridge. The planned toll road would link the two nations with a new 147km route running through Bavet City but ...
Read MoreSolar SEZ planned for K. Chhnang
A solar-powered special economic zone (SEZ) is being planned in Kompong Chhnang through a Cambodian-South Korean joint venture. The proposal for the 100-hectare SEZ to be located around 70km from Phnom Penh involves construction of an industrial park together with a 100-megawatt solar farm to provide cheap, off-grid electricity to companies taking tenancy. The joint venture between Asia Sunr...
Read MoreChinese win twin tower contract
Two Chinese companies have won the contract to construct the Thai Boon Roong twin towers project in Phnom Penh. Sino Great Wall Holdings and Wuchang Shipbuilding Industry Group signed a joint venture agreement and won the contract with a bid of USD2.7 billion. When the project is completed, the 133-storey towers will soar 560 metres high. This will make it more than double the highest buildi...
Read MoreAnother walkway for riverside
The Municipality of Phnom Penh has announced it is to construct another new pedestrian walkway on the capital’s riverside. The planned second walkway will stretch approximately 1,600m from the Night Market to the Japanese Bridge. The announcement made by Phnom Penh Governor Pa Socheatavong follows the opening of the hugely popular first pedestrian riverside extension from behind Chaktomuk Theat...
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