Singapore to Host Southeast Asia Property Awards 2014
PROPERTY FOCUS I ASIAN IN BRIEF Singapore will host the grand finale of the 3rd Annual Southeast Asia Property Awards 2014 in October to celebrate the region’s best property developers and projects and services across 31 categories. The awards showcase the Southeast Asian property industry encompassing construction, architecture and interior design from Thailand, Singapore, Indonesia, Malays...
Read MoreLoans Made Easier for De Castle Royal Clients
Housing loans are more popular now in Cambodia than ever before. The up-market condominium development De Castle Royal has inked an agreement with Canadia Bank to design a housing loan service that has helped boost sales. Unlike other housing loan services available in the markets, the agreement between De Castle Royal and Canadia states that clients who buy one or more units can use the hard t...
Read MorePhnom Penh Office Rental Rates Fastest Growing in Region
PROPERTY FOCUS I LOCAL NEWS Office rental rates in Phnom Penh were the fastest growing in the region in Q1 2014 according to the Knight Frank Asia-Pacific Prime Office Rental Index. Phnom Penh was included in the Index for the first time in Q1 2014 reflecting the growth and stabilization of the nation’s economy and property market. While the overall index saw a rise of 1.3%, Phnom Penh saw t...
Read MoreSiem Reap’s ‘OASIS’
PROPERTY FOCUS I LOCAL NEWS After a groundbreaking ceremony held at the end of June, Hong Kong-based Cheung Sheng Global Holdings is underway with construction on the 18,000 sqm Oasis Integrated Resort close to central Siem Reap. “The Oasis Integrated Resort will bring about a new angle in retail and services industry here, to bring out the local flavours and work out products and services to a...
Read MoreDe Castle Royal Open Doors to Residents
A new style of luxury living has opened in Phnom Penh in the form of the high-end De Castle Royal condominium development. The 32-floor, prestigious accommodation offering has set the benchmark for a new standard of living in Cambodia, paving the way for what looks to become a high-end apartment boom in the capital. De Castle Royal, headed by renowned company Nuri D&C, welcomed its first...
Read MoreShelters for Expats
Cambodia’s apartment market has prospered with the arrival of increasing numbers of foreigners. The journey toward ASEAN Integration in 2015, together with the resolution of the year-long political deadlock has attracted more expatriates to Cambodia which has, in turn, triggered the rapid growth of the apartment sector in the capital, according to a July market research report. Co-authored b...
Read MoreLargest Property Brand Worldwide Arrives to Lead Market
U.S.-based Century 21 enjoys a global reputation and, having realized the potential that the Cambodia property market represents, the world’s biggest global franchised real estate operation officially celebrated its inception in Cambodia as its 75th market on 4 September, 2014. The giant real estate brand was founded in 1971 and now has with some 7,100 affiliated offices in 75 countries and more t...
Read MoreGlobal Brief
Overseas investors have for the first time overtaken UK institutions to become the largest owners of UK commercial property, new data shows. The value of portfolios held by overseas owners has more than doubled, up by 129%, over the last decade to £94 billion, according to the Property Industry Alliance. The increase means that overseas investors now own almost a quarter, 24%, of all commerc...
Read MoreSafety Central to Scaffolding
A major challenge and requirement in construction nowadays is to meet safety standards. However, there are still various shoring and scaffolding companies and systems who did not yet realise how important safety is to scaffolding and the benefits from it. Scaffolds are temporarily used construction tools which are utilised as working platforms, shoring for formwork or assembly work. It is used ...
Read MoreChina to Spend Us$1.1 Trillion on Infrastructure in 2015
China will spend US$1.1 trillion on accelerating 300 infrastructure projects in 2015. The move has been widely seen as an attempt by the government to boost growth in an economy that has the potential to slip below 7 percent for the first time in more than 20 years. The projects were approved supposedly as part of a broader 400-venture, 10 trillion yuan plan to run from late 2014 through 2016 w...
Read MoreCamBodia To Benefit From New China-AsEan Building Club
Cambodia will get billions of dollars in loans to finance various projects after it joined the China-ASEAN Construction Industry Cooperation Committee— a new building group established in late May this year. In line with its foreign policies such as One Belt and One Road, the Silk Road Economic Belt, and the 21st Century Maritime Silk Road, China initiated and established the new China-ASEAN cl...
Read MorePushing The Boundary Of Today’s Home
A house by definition is a shelter built to house people from the harsh environment it is in. A house usually has four walls with clearly defined functional spaces such as an entrance foyer, car porch, living room, dining room, kitchen and bedroom etc… and outside the house there are the outdoor spaces with some landscape design. The indoor and outdoor spaces are clearly separated by plastered ...
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