CCA Hosts Four Events in Three Days
December 3-5, 2015 heralded a great milestone for the Cambodia Constructors Association (CCA) as it successfully hosted four consecutive events to promote its members and the building and property industries in Cambodia: the 4th Annual Summit, 2nd Construction Expo, 4th CCA Business Networking Party, and the Construction Development Seminar. The CCA was founded under the initiation of the Minis...
Read MoreMeridian International Holdings: Like No Other
In a growing economy, one can see construction cranes and development projects overwhelming cities with the building of high-rise towers and modern malls while fancy restaurants and eateries including fast food chains and cafés challenge for space to whet the appetites of a population becoming exposed to the better things in life. That is the barometer of economic growth, and this is the new Phnom...
Read MorePhnom Penh to Gain More Infrastructure
To cope with the city’s expansion and rapid growth in vehicles, more infrastructure projects are expected to be completed in Phnom Penh before 2020. At the grand opening of the 5 January Overpass (Techno Overpass), Prime Minister Samdech Hun Sen approved several more projects for the capital. After acknowledging the ongoing congestion at the Kbal Thnal Sky Bridge, construction will start soon o...
Read MoreIndustry Leaders to Consider ‘phnom Penh in 2020’ at Gac
A panel of industry leaders will debate what Phnom Penh will look like in 2020 at the 2nd Annual Global Alumni Convention (GAC) on 29-30 January 2016. This annual alumni networking series brings together leaders from industry and governments around a series of interactive panel discussions and social functions to debate the hottest topics facing contemporary Cambodia. The GAC is organised by ID...
Read MoreChoosing the Right Asphalt Mixing Plant
Purchasing an asphalt mixing plant is a capital intensive investment and a major decision for road contractors and hot-mix asphalt suppliers. Many factors other than cost need to be carefully evaluated in detail to decide the type and capacity of asphalt mixing plant to invest in. Understanding the different technology and make of asphalt mixing plants is vital to determine the best choice of p...
Read MoreSingapore Tops Asian Outbound Investment
Knight Frank’s Global Cities 2016 report has found that Singapore has been the largest Asian investor into the Australian and United Kingdom’s property markets in the last two years with China second and Malaysia a surprise third. Malaysia’s investments were worth $5.61 billion with $2.23 billion into UK property in the last two years. Singapore’s totaled $25.10 billion, while China’s were $22....
Read MoreTanzanite Enters Vietnam Real Estate Market
Singapore-based Tanzanite International has announced a plan to invest up to $500 million in a hospitality real estate project in southern Vietnam. The firm will develop a high-end hospitality real estate project in Ba Ria – Vung Tau, which is a 1.5 hour drive from Ho Chi Minh City. Phase one will cost $80 million and break ground in mid-2016. Tanzanite has now invested in 37 hectares of ...
Read MoreShwe Taung Group Open Junction City Preview
Myanmar – The Shwe Taung Group has begun providing private previews of their $300 million Junction City integrated development located in downtown Yangon. Being in built in two major phases with phase one scheduled for completion in 2017, the 260,000 square metre Junction City will feature Grade A office space, a shopping centre, and a five-star 348-room hotel. Phase two, to be completed in 201...
Read MoreSingapore Home to World Building of the Year
The Interlace, a ‘vertical village’ in Singapore, has won the World Building of the Year award at the World Architecture Festival in November. Designed by German architect Ole Scheeren and completed in 2013, The Interlace is made up of more than 1,000 apartments across 31 buildings, which are stacked diagonally to maximise private and communal space and allowing maximum light and air penetratio...
Read MoreThai Border Prices Stabilise
High land prices on the Thai border are expected to stabilise in coming years, according to the Real Estate Information Center (REIC). Property transactions in Sa Kaeo and Trat respectively dropped by 3.9 percent to 3,847 and by 4.3 percent to 1,697 in the first nine months of 2015 as investors wait for a clear SEZ development plan from the government. Land near the Cambodian border in Arany...
Read MoreCapitaland, Thanh Nien Enter JV
CapitaLand Vietnam has entered into a joint venture (JV) with Saigon Commercial & Tourism Corporation, a subsidiary of Thanh Nien Corporation, to develop a prime site in District 2, Ho Chi Minh City, for an estimated value of $55 million. The 1-hectare residential project is located in Thao Dien ward just 2 km from the new Metro line, a 10-minute drive to the future Thu Thiem Central Busine...
Read MoreMyanmar Market Bounces Back Post-Election
Myanmar’s real estate market has seen buoyant growth following the peaceful conclusion of the national elections in November, according to Myamnar Business Today. Following a sustained period of rapid growth between 2011 and 2014, the market stalled last years as investors showed nervousness about the upcoming elections. Property agents in Yangon are now seeing rises of up to 20 percent in t...
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