Singapore Developer to Provide Affordable Homes
Leading Singaporean developer HLH Group Ltd announced the launch of CAMHOMES on 18 June, a property development firm that will provide high-quality, affordable homes in premium locations across the country, according to the Phnom Penh Post. CAMHOMES will offer opportunities for middle-income buyers who are not able to afford properties in the many high-end developments. The CAMHOME developme...
Read MoreThai Developers Aim High
250 of Myanmar’s top real estate executives and industry leaders gathered in Yangon on 17 June to celebrate the first annual Myanmar Property Awards 2015. Record-breaking prices and sales were seen achieved in some new condominiums in downtown Bangkok downtown. More than 90 percent of Nimit Langsuan, a freehold condominium by Pace Development, was sold within the first month of its launch with ...
Read More$400m Asia Property Fund Planned
250 of Myanmar’s top real estate executives and industry leaders gathered in Yangon on 17 June to celebrate the first annual Myanmar Property Awards 2015. “We are looking to provide long-term appreciation in the Asia-Pacific, which will be the main economic driver in the world,” Bloomberg credited managing director Suchad Chiaranussatti as saying. The fund is expected to generate a net retur...
Read MoreOxley Expands to Myanmar
Oxley Holdings Ltd announced that it has incorporated a subsidiary in Myanmar as part of its expansion plans. Of the total, 49,999 shares are held by Oxley Yangon Company Limited, a wholly -owned subsidiary of the group, and one share is held by Ching Chiat Kwong, executive chairman and CEO of the company. Myanmar law requires at least two shareholders. Last September, Oxley signed an agreem...
Read MoreYoma Sweeps 1st Myanmar Property Awards
250 of Myanmar’s top real estate executives and industry leaders gathered in Yangon on 17 June to celebrate the first annual Myanmar Property Awards 2015. The top honour - Best Developer – went to Yoma Strategic Holdings Ltd. Yoma also won the Best Landscape Architecture Design trophy for Star City Thanlyin, and two Highly Commended certificates for the residential categories for Galaxy Towers ...
Read MoreThe Role of Building Inspectors Explained
The sheer number of processes behind successfully completing a quality building, from commissioning to designing to constructing, means that inspectors play a crucial role. However, many remain uncertain of the exact role of inspectors on construction projects. Tieng Samphors, Head of Independent Inspectors of Mega Asset Management Co., Ltd, a subsidiary of leading real estate developer Oversea...
Read MoreGlobal Brief
BRITISH PLANNERS VISIT CHINA TO ADVISE ON BUILDING HEALTHY CITIES A team of British planning experts visited China in October to advise mayors on building cities that are socially, environmentally and economically sustainable, according to the website of the Chartered Institute of Building. The workshop tour by the Town and Country Planning Association (TCPA) will cover urban renewal, green ...
Read MoreGlobal Mobile Elevating Works? Accident Rate Falls in 2014
Preliminary fatal injury rate calculations confirmed that mobile elevating work platforms (MEWPs) are one of the safest ways to perform temporary work at height, according to a 2014 report released in August 2015 by the International Powered Access Federation (IPAF)—a not-for-profit international organisation that promotes the safe and effective use of powered access equipment worldwide. This l...
Read MoreSky Villa Condominium to Top Off in 2018
In about three years, Phnom Penh will welcome another high-rise twin condominium development just southeast of the iconic Olympic Stadium. Sky Villa will rise up to 139 meters in height on a 6,000 meter plot of land in the Olympic Stadium complex. The twin towers, joined by a single roof, are being developed by Chinese Crystal Orange Construction with a US$100 million of capital investment. It ...
Read MoreLand Ministry Signs Mou With Eurocham on Urban Planning
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) and the European Chamber of Commerce in Cambodia (EuroCham) signed a Memorandum of Understanding (MoU) on Urban Planning on 27 July. H.E Chhan Saphan, Secretary of State represented H.E Im Chhun Lim Senior Minister and Minister of Land Management, Urban Planning and Construction and Mr. Emmanuel Menanteau, Chairman of th...
Read MoreHydraulic Rescue Technology Demo
As part of the CAM Security and Fire Expo 2014, AZISAFE a local fire, rescue and safety company, brought the latest technology of hydraulic rescue equipment from Holmatro to town. Hydraulic rescue tools are widely used throughout the world primarily for road accident rescue and industrial rescue, however their application goes far beyond this into building collapse, heavy lifting, shoring, and ...
Read MoreEurocham Forum Touches on Building and Real Estate Sectors
Various topics related to the construction, property, and tourism industries were discussed at the Real Estate and Construction Forum organised by the European Chamber of Commerce (Eurocham) in Phnom Penh on 1 October. The one-day seminar brought together over 200 senior professionals from the real estate, construction, banking, and law sectors, together with government officials in a number of...
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