Qataris Buy Singapore Tower

Asia Square Tower 1, a landmark premium Singapore office skyscraper has been sold to a fund to the Qatar Investment Authority (QIA) for USD2.45 billion, reports World Property Journal. The world class building has the largest floor plate in the iconic Marina Bay area and has been awarded Green Mark Platinum status. Rob Blain, Executive Chairman of CBRE Asia Pacific told World Property Journa...

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Real Estate Helps Drive Myanmar Growth

Myanmar’s real estate sector is at the heart of 2016 economic growth projected to be the fastest in the Asia Pacific region. The Asian Development Bank expects Myanmar’s economy to grow by 8.4 percent in 2016, thanks to a combination of political reforms and an easing of international sanctions which have seen an influx of international interest and investment to the nation. The Directorate ...

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Construction Slows But Home Loans Rise

Despite the recent statistics from the Ministry of Economy and Finance warning of a slowdown in the construction sector over the next five years, Cambodia’s commercial banks continue to see strong growth in housing loans. Leading high street banks such as Acleda, and CIMB saw significant growth in housing loans granted in the first five months of the year. According to a report in the Khmer Tim...

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ការពិនិត្យមើលក្បាលដីដោយឧបករណ៍រ៉ាដារបស់ក្រសួងរៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់

ក្រសួង​រៀបចំ​ដែនដី នគរូបនីយកម្ម និង​សំណង់ (MLMUPC) បច្ចុប្បន្ន​កំពុង​ធ្វើ​សេចក្តីព្រាង​សេចក្តីប្រកាស​ដែល​នឹង​បញ្ឈប់​សមត្ថភាព​របស់​សាលា​រាជធានី​ភ្នំពេញ និង​សាលាខេត្ត ក្នុង​ការ​ចេញ​វិញ្ញាបនបត្រ​សម្រាប់​ការលក់​ដី​ដែល​ក្រសួង​ចាត់ទុកថា​មាន​ហានិភ័យ​ខ្ពស់​។​ ​បញ្ហា គឺ​ចាប់បាន​នៅ​លើ​ឧបករណ៍​រ៉ា​ដា​របស់​ក្រសួង ដោយសារតែ​មាន​ការកើនឡើង​នៃ​ចំនួន​ប្រតិ​ប​តិ្ត​ការលក់ដែល​អ្នកលក់​ដី​មិន​បាន​ផ្តល់​ជូន​អ្នក​ទិញ​នូ...

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Regional “Cambodia Property Show” series forges path for offshore sales

Cooling measures and uncertainty in the Singaporean property market saw investors flock to the inaugural “Cambodian Property Show” at the Marriott hotel in Singapore last weekend. The show was another collaboration between Cambodia’s leading property portal website, Realestate.com.kh, and Asia’s leading property portal network, the PropertyGuru Group. The opening address from His Excellency Mr ...

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Positive Workplaces Make Successful Business

A business owner has so many things to consider on a daily basis that it’s not surprising that office improvement probably isn’t a top priority. However, a lot of business owners don’t realise the huge difference that the working environment has on employee productivity. Research shows that the effect of the work environment on employees is one of the most important aspects of a successful busi...

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New Procedures for Property Tax Collection

Starting from this June, all property ownership transfer or property with ownership rights in Cambodia must follow the new tax collection guidelines which aim to ensure transparency and convenience. The Prakas issued on 14 June 2016 by the General Department of Taxation of the Ministry of Economy and Finance states that for registered property (with title deed) that has the entirety of its owne...

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EuroCham RECC Supporting Standards

Since its inception in Cambodia in 2011, the European Chamber of Commerce (EuroCham Cambodia) has been investing significant effort toward assisting the development of the real estate and construction industries in Cambodia and bringing benefits to companies and bodies. The recently-released EuroCham “White Book 2016” contains practical, research-based recommendations which, if implemented, wou...

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PhnomPenh City Hall Diary

Construction & Property Magazine is pleased to introduce a new regular feature bringing all the latest news from Phnom Penh City Hall. Design Options Proposed For BKC Traffic Light City Hall and experts from relevant public and private companies discussed the several options of design plans for the BKC traffic light (Canadia Bank). The final design has still not been selected as City H...

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Safety First: Evaluating Concrete in Use

By Mr. Lim Eng Heng (Executive Director and Chief Executive Officer), Branch of CAST Laboratories Pte Ltd Engineers may need to evaluate the conditions of concrete in structures while in service for a number of reasons, which include investigating signs of distress and quality control checks on new structures, assessment for change of exposure and routine maintenance. The primary objective o...

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Mlmupc News

Construction & Property Magazine is pleased to launch a new regular column providing updates direct from the Ministry of Land Management Urban Planning and Construction (MLMUPC). - Land Dispute Working Group Set up To solve controversial land issues and prevent future conflicts, the MLMUPC established 27 working groups on 3 June. Comprised of technical officials from the ministry, the gr...

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Lighting Up in Style, the French Way

A high-end retailer of leading French lighting brands is the latest addition to the booming Cambodia property decoration sector. In an exclusive interview, Kollian Koy, Co-Founder and CEO of Maison Bienvenue explains how the company plans to transform the market’s understanding of quality, craftsmanship and beauty in lighting. What inspired Maison Bienvenue to enter the Cambodian market? Mai...

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