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Local News
Five Tips For Condominium Buyers
As the ASEAN Community edges closer, there has been a noticeable increase in the supply of condominiums on Cambodia’s property market. Recognizing Cambodia’s potential, a number of well-known developers from various countries are currently launching their projects. Such developments can bring both opportunities and challenges to property buyers who should be aware of any potential risks to their i...
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Asian Investment Boosts European Real Estate Markets
PROPERTY FOCUS I ASIAN IN BRIEF Massive capital flow from east to west is driving investment and growth in European property markets according to experts who gathered at an Urban Land Institute Real Estate Trends conference in London last month. It is estimated that the investment drive from China, Hong Kong, South Korea, Malaysia, and Singapore in particular is twice the level of capital fl...
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Century 21 Vtrust Brings A New Business Model to The Property Market
Founded in California in 1971, Century 21 is the world’s largest globally-franchised real estate operation with some 7,100 affiliated offices in 75 countries, including Cambodia. VTRUST Realty, a subsidiary of leading local property firm VTRUST Group, has affiliated with Century 21 Cambodia to raise its level of professionalism and trust in the brokerage market in Cambodia. The new company is now ...
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Loans 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...
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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...
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Phnom 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...
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Siem 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...
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De 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...
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Shelters 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...
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Largest 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...
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