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ខ្មែរ 
Local News
Asia Pacific Retail Leasing Static in Q2
According to CBRE's latest research, overall retail leasing activity in Asia Pacific in Q2, 2015 remained static, with the exception of Tokyo, where activity was robust. Dr. Henry Chin, Head of Research for CBRE Asia Pacific noted that, "This quarter, the retail sector in Asia Pacific recorded slower rental growth as retailers showed caution around expanding in this region. Groups entering new ...
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Singapore Expo to Sell Myanmar Condos
Vietnam’s property developer FLC Group has taken over a troubled project in Hanoi by buying a 22.8 percent stake in the owner and is now preparing to start construction on the site. The 265 Cau Giay project was approved in 2007 but saw development stall after being plagued by shifting shareholders and a property market which has lost pace since 2010. Set in a prime location in central Hanoi ...
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Asia-pacific Property Fundraises $534m
Pramerica Real Estate Investors has raised $534 million for its Asia Property Fund (ASPF) III, the third in a series of real estate funds investing in the Asia Pacific region, according to Deal Street Asia. Pramerica Real Estate Investors is the real estate investment management and advisory business of US-headquartered Prudential Financial, Inc, and operates as Prudential Real Estate Investors...
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Emergency/fire Response Working Group Established
A new working group was established in August to help standardise fire safety mechanisms to protect people and property according to AZISAFE Cambodia Managing Director Paul Hurford. Bringing together all government departments involved in emergency response mechanisms and experienced private sector players, the Emergency/Fire Response Working Group will conduct mutual training exercises for its...
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Property Bubble Brewing?
Concerns that Cambodia’s booming construction and property sectors were becoming unsustainable were dismissed by a meeting of senior cross-ministry and industry representatives on 18 August. Officials from several ministries met with representatives from the National Bank of Cambodia and private developers to discuss the current risks in Cambodia’s real estate market. While a sector-wide bub...
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Olympia City’s 60-floor Building to Start in 2016
Construction on the 60-storey building inside the massive Olympia City project is likely to kick off next year, said its project manager. Meng Chamroeun, Olympia City’s Project Manager told Construction & Property Magazine in late August that after upgrading the building from its initial height of 55 floors to 60 floors, ongoing research on the earthwork and structural work was required. ...
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Na Passes Rent Control Law
The National Assembly passed a rent control law on 6 July which prohibits landlords from increasing rent for two years once a binding contract is signed, and which allows tenants to break a lease agreement without notice. Quickly passing in the Assembly with 103 of 104 lawmakers voting in favour, the new law is designed to protect the gains low-income earners and students have made with the int...
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Dara Sakor: Southeast Asia’s Largest Resort
Developed on 36,000 hectares of Cambodian coastline, the Dara Sakor Resort isn’t just ranked as the largest resort ever in Cambodia, but it’s also the largest in Southeast Asia. Developed by China-based Union Development, the luxury Dara Sakor Seashore Resort stretches along the kingdom’s southwest seashore and dominates parts of three districts in Koh Kong province and Botom Sakor National Par...
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Amid Prosperity, Challenges Remain
It is generally accepted that the real estate market in Cambodia is progressivley growing in a steady manner. However, public regulators and private sector industry insiders are also warning of existing and future setbacks. At a recent 'Workshop on Opportunities and Challenges in the Development of the Real Estate Industry in Cambodia on 18 August, representatives from the Ministry of Land Mana...
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Property Awards to Recognise Cambodia Market
With less than a month to go before the debut gala dinner and awards presentation ceremony, anticipation is already building for the first-ever Cambodia Property Awards as nominations from the country’s leading developers continue to flood in. Set to take place on 25 September at the Sofitel Phnom Penh Phokeethra in the heart of the kingdom’s bustling capital, the Awards are the latest addition...
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