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ខ្មែរ 
Property Focus
Apennines Condo Intros First Car Lift
A new condo building in Toul Kork scheduled for completion in 2016 will feature the first car elevator in Cambodia according to the developer. The 17-storey tower built over 600 square metres of land will include a car elevator to take any size of vehicle up to one of the six-floor parking garages. The 43-unit project is being developed by KHSI Investment PTE LTD from Singapore with Singapor...
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Phnom Penh Remains Static in Office Index
The Knight Frank Asia Pacific Prime Office Rental Index for Q2 2015 saw Phnom Penh show no growth between Q1 and Q2 2015, indicating a general slowing trend. The report showed Northeast Asia dominating growth in the region with Tokyo and Shanghai showing the strongest performance. Throughout Southeast Asia, markets remained fairly robust. Bangkok topped rental growth across the region, with ...
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$100 Million Affordable Housing Project Signed
Local and Singaporean property developers signed a US$100 million property project with Cambodian government to offer Cambodian low and medium classes with affordable housing which will kick off in 2016. Signed between Cambodian World Bridge Land, Co. Ltd and its Singaporean partner, Strait Construction Group Pte, Ltd, a company experienced in housing for low and middle-income class in Singapor...
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New CVEA Chairman Lays Out Ambitious Strategy
After being appointed as head of the Cambodia Valuers and Estate Agents Association (CVEA)’s 4th mandate following the resignation of former president Sok Bun, Kim Heang has outlined four main goals to enhance Cambodia’s property industry and promote the CVEA. With 14 months of his mandate remaining, Kim, the founder and CEO of Khmer Real Estate Co., Ltd, aims to; enhance the CVEA governance; s...
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Asia Property Awards Officially Launches in Cambodia
The latest boost for the kingdom’s booming property industry will kick off the prestigious industry awards program in 2016. Undoubtedly home to one of Southeast Asia’s most exciting and rapidly evolving property markets, Cambodia is set to receive the region’s real estate industry seal of approval when it becomes the latest country to be included in the coveted, decade-old Asia Property Awards ...
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Property Development in Cambodia: Exit Strategies And Keeping The Law in Mind
Anyone who has been coming to Cambodia over the past few years will notice that the skyline is rapidly changing. Numerous medium and high-rise developments are either online or under construction, and many more are in the planning phase. Gated communities (“Boreys" in Khmer) dot the landscape throughout Phnom Penh and beyond. Cambodia’s other major population centres are also seeing their share of...
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FDI Encouraged By Foreign Property Ownership Allowances
Foreign direct investment (FDI) is luring a new breed of foreigners to Cambodia, and the region more generally. With foreigners comes an increase in demand for property, and different types of property - and a series of new allowances in national property laws to accommodate this demand. Foreign investors come to the South East Asia region for the low labour costs, connectivity between the neig...
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Home Loan Or Housing Loan?
Housing loan and home loan are terms often synonymously used by banks. Canadia Bank Plc, however, has distinguished them clearly. Established in 1991, and with branches nationwide, Canadia Bank offers three types of loan; Small and Medium Enterprise (SME) Loans that target micro and medium businesses; Commercial Loans that finance other businesses’ purposes; and Home and Consumer Loans, for per...
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Central Mansions Taps Into Colonial Charm
After a large-scale refurbishment, the rebranded Central Mansions serviced apartment has fully launched operations. It offers residents a range of modern amenities in a building that recalls the Kingdom’s colonial era. The property now known as Central Mansions was initially developed in 2001 by a local developer and christened Colonial Mansions, since it used as its model the architectural sty...
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Cbre Cambodia Appointed Marketing Agen for Exchange Square
A signing ceremony was held on 4 September 2015 to mark the appointment of CBRE as Hongkong Land’s Sole Coordinating Agent for Marketing Services in respect of leasing commercial office and retail space at Exchange Square in Phnom Penh, Cambodia. Located in the centre of Phnom Penh’s financial district and less than 10km from the airport, Exchange Square is close to key government ministries an...
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