English 
ខ្មែរ Construction Focus
Japanese Go Ultra-luxury in Phuket
- 28 July 2017
A leading Japanese property developer has entered into a joint venture to create an ultra-luxury residential project in Phuket, Thailand worth an estimated USD174 million. Kajima Overseas Asia has joined with Minor International (MINT), a SET-listed operator of hotels and restaurants worldwide to develop Avadina Hills; 16 luxury villas spread over 1.8 hectares. Phase 1 will see 11 villas built ...
Read More
Philippines Bans Workers to Qatar
- 27 July 2017
The Philippines has banned workers from travelling to Qatar after four neighbouring Gulf States imposed a blockade on the tiny emirate in protest at alleged links to terrorist funding at the start of June. There are over 140,000 documented Filipino workers reside in Qatar, with many working on huge construction and infrastructure projects related to the 2022 FIFA World Cup. The government of...
Read More
Banda Malaysia Facing Collapse
- 27 July 2017
The largest real estate project in Malaysia faces collapse after the government cancelled the contract with the Chinese-Malaysian developer in May after it failed to meet payments. Banda Malaysia was intended to be a flagship development creating a new business district and transport hub in downtown Kuala Lumpur spread across almost 200 hectares. It was also intended to be location of the st...
Read More
Incomplete Projects Hamper Vietnam
- 27 July 2017
Despite Vietnam’s real estate market grabbing attention and headlines for its strong performance in recent years, prospects in the north continue to be hampered by large numbers of incomplete projects. Hanoi recorded 5,400 transactions and HCMC 5,870 respectively between January and May 2017 with May showing a strong average of 13 percent growth nationwide. The majority of deals are being tr...
Read More
Thai Realty Market Rebounding
- 27 July 2017
The condominium market in Bangkok has experienced a slight upturn in Q1 2017 thanks to growing demand and a slowing in new projects coming online. Pre-sales of new projects in Q1 2017 was solid at 67 percent, a 3 percent increase over the same period in 2016. Both completion dates and sales slowed following the death of the Thai king in 2016. The average selling price for new CBD condominium...
Read More
Rentals Driving Yangon Market
- 27 July 2017
With a vibrant rental sector driving the Yangon market, Myanmar real estate experts believe this trend could catalyse investment into residential developments and construction of new units. Rental fees in Yangon offer much higher returns on investment than any neighbouring countries such as Thailand and Vietnam. This offers great opportunities for local and international investors, who can now ...
Read More
Hong Kong Market Hits Record Highs
- 27 July 2017
Residential property values in Hong Kong are now 75.9 percent higher than they were 20 years ago when the city was handed over to Chinese rule according to JLL’s Land and Residential Market Review. Investment from People’s Republic of China (PRC) continues to drive prices skyward in what is already the world’s most expensive city. The share of residential sites awarded to PRC develope...
Read More
6 Years Growth in a Row
- 25 July 2017
Bosch, a leading global supplier of technology and services, has been growing in Cambodia with double-digit growth for six consecutive years since the company incepted the businesses here in 2010. Bosch in Cambodia is part of the Bosch group and is currently represented in the country by Robert Bosch (Cambodia) Co, Ltd. Its current business fields in the kingdom consist of Automotive Aftermarke...
Read More
China Pledges Usd122bn at Silk Road
- 25 July 2017
As world leaders gathered in Beijing for the Silk Road Summit in May, Chinese president Xi Jinping pledged USD122bn for infrastructure projects under the ‘One Belt, One Road” (OBOR) initiative.The Chinese strategy sees high-speed railways, bridges, roads, ports, industrial parks, oil pipelines and power grids now being built across the ancient Silk Road routes from Mongolia to Malaysia, Thailand t...
Read More
False Concrete Tests Nab 21
- 25 July 2017
21 people have been arrested in Hong Kong for corruption after allegedly submitting false concrete strength tests on the 30km-long mega bridge being built to connect Hong Kong to Zhuhai and Macau. The 55km project involves a 29.7km bridge, artificial islands and a 6km+ section of underwater tunnel beneath one of the world’s busiest shipping channels. The first ever Pearl River Estuary road conn...
Read More