Iconic Lifestyle Quarter for Kuala Lumpur

A US$1.4bn, 17-acre “Lifestyle Quarter” is to be developed in a new financial district in the Malaysian capital Kuala Lumpur, called Tun Razak Exchange (TRX). A retail-led mixed-use development, the Lifestyle Quarter will see Lend Lease own 60% in partnership with Malaysian state-owned real estate company, 1MDB. Lend Lease previously worked on Malaysian projects which included the Petronas Twin...

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Orkide Villa Launches Another Luxury Housing Project

After the huge success of its first project, Orkide Villa has launched another project called Orkide Villa - The Royal with a continued focus on prime, central, residential locations. Located on a 36 hectare site on St. 2004, Tuek Thla Village, Sangkat Tuek Thla, Khan Sen Sok, Phnom Penh, near Northbridge International School. The site was inaugurated with a groundbreaking ceremony on 11 Januar...

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Bonna Realty to Expand Overseas

While most local real estate firms are strengthening bases in the local market against incoming foreign firms pre-regional integration, Bonna Realty Group will start expanding to overseas markets. Since 2011, Bonna Realty has been reforming its structure from a family business-based local firm to an international-standard one with the aim to reach international markets, said Sung Bonna, the com...

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Oxley Worldbridge to Embed Brand in Cambodia

Following the success of its first 45-story mixed development project-The Bridge, Oxley Worldbridge (Cambodia) Co., Ltd has declared a long term vision to embed its company brand in Cambodia’s burgeoning real estate market. Oxley Worldbridge, a strategic partnership between Singapore-based Oxley Holdings International and Cambodian-based Worldbridge land will soon announce its second project th...

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5-Star Japanese Hotel to Be Tallest Building in Phnom Penh

Teho International Inc Ltd (TEHO), a diversified group with interests in the marine, offshore oil & gas, and property industries, announced on 7 February that TEHO Development Cambodia Pte. Ltd. has entered into an agreement with Hotel Okura Co., Ltd. to open a 5-star luxury hotel, The Okura Prestige Phnom Penh, in Cambodia. The hotel is a part of the US$500 million project called “The Bay”...

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Bouygues Bags Yangon’s Star City

France’s Bouygues Construction has won a second major residential scheme in Myanmar to design and build the next phase of Star City, a large residential complex in the suburbs of Yangon, the country’s capital. The contract, worth a total of US$125m covers the design and construction of six residential buildings with a total of 956 apartments. Four towers will be 82m tall (25 storeys), and the o...

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Emt Leads the Way in M&e Material Supply

Mechanical and Electrical (M&E) equipment plays a vital role in every construction project whether large or small, and EMT is well-known as a major M&E material supplier in Cambodia. Established in the early 2000s as an authorised distributor of Schneider electrical components, EMT today distributes a range of globally renowned M&E brands in Cambodia’s booming construction sector. ...

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Builders Helping the Community

Established in Cambodia in early 2011, Lighthouse Club Cambodia chapter hosts the gathering monthly to raise funds to support those in the construction industry, including students with limited resources. It also serves as an arena where guests can promote good relations and build business networks. The May 8th meeting welcomed around 50 local and international members and guests and was hosted...

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Government to Supply Social Housing in 2017

By Pich Kanhchanak Despite 20 percent of Cambodian people reported to live at or under the poverty line, having access or ownership of decent shelter remains a hot issue for most low-income citizens among the population of 15 million. However, solutions for these low-income residents are set to be deployed in the next two to three years, after a national housing policy drafted by the Ministr...

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Staying Safe With Performance Bank Guarantees

Cambodian banks play a vital role in ensuring business transactions go as planned, especially in the construction sector. Still, many people don’t understand how a “performance bank guarantee” works, especially in Cambodia’s thriving building sector. Unlike a bank guarantee that is used to strengthen general contractual relations between two parties, a performance bank guarantee is specifically...

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Playgrounds in Cambodia- Safety First!

The need for our children to go and out and play is absolutely necessary, but the impact of 21st century technology could be the death of play for tech-savvy children. As playground, safety flooring, park & recreation specialists, it is essential to ensure that the play environments we construct assist in the fundamental development of all healthy children. Playgrounds can improve their phy...

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Chan Sim: Cambodia?s Living Human Treasure

Angkor Wat and its pantheon reflects Cambodia’s pride in traditional sculpture, carving and architectural decoration. But whenever these traditional arts are discussed today, Prof. Chan Sim is usually mentioned. Born in 1936, Prof. Chan is among the nation’s few surviving legendary artists with advanced skills in carving, sculpture and traditional architectural decoration. This master has sacri...

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