Construction Focus
KRock Roof Tile Features New Designs and Technology
https://youtu.be/0nIxDTDL_oo Having dominated the local roof tile market with its “Sra Ka Linh tile” being the only locally-based international standard traditional roof tile, Khme Rock Manufacturing has introduced new roof tile designs "KRock" and upgraded technologies to capture greater market share. Khmer Rock is now producing four different types of the Sra Ka Linh tile to cater to v...
Read MoreWorld’s 5th Tallest Building Opens in Seoul
Construction on the world’s fifth tallest building and the tallest in South Korea has finished with the Lotte World Tower in Seoul now standing 555m high. Designed by US architect Kohn Pedersen Fox (KPF), the stunning skyscraper has pushed Kuala Lumpur’s 452m Petronas Twin Towers out of the top 10. The Lotte World Tower will boast a seven-star hotel, the world’s highest swimming pool, the wo...
Read MorePhase-II Nirodh water treatment plant in operation
The Phase II Nirodh water treatment plant commenced operations in April providing service to the outskirts and southern areas of Phnom Penh with a capacity of 560,000 cubic metres. Located in Phnom Penh’s Chbar Ampov district, the USD60 million water treatment plant has been co-funded by the public-run Phnom Penh Water Supply Authority-PPWSA (USDD4.9 million) with another USD36 million in loans...
Read MoreThai Beer Tycoon Plans City District
A USD3.5 billion plan to create a ‘city within a city’ in the Bangkok metropolis has been unveiled by Thailand’s richest man. Charoen Sirivadhanabhakdi, the billionaire founder of Chang Beer, has worked with star US architect firm Skidmore, Owings & Merrill to design ‘One Bangkok.’ The project will be Thailand’s first “fully integrated district that is built on people-centric principles and...
Read MoreSingapore Eases Rules
Following more than three years of falling property values, Singapore has relaxed some rules now houses are more affordable. The easing of restrictive measures first introduced in 2009 includes sellers’ stamp duty only applying for three years instead of four, a lowering of the rate of duty to 4 percent for properties sold in the third year, to a maximum of 12 percent for dwellings sold within ...
Read MorePropertyguru Moves Toward Profit
Southeast Asia’s leading real estate website, PropertyGuru, expects to surge into profitability in 2017 as it experiences massive growth in ASEAN property markets, especially in Vietnam and Indonesia. Vietnam recently became PropertyGuru’s fifth market after Singapore, Malaysia, Thailand and Indonesia. “We have hyper-growth, our revenues are growing over 30 percent,” CEO Hari Krishnan, told Dea...
Read MoreThai Property Awards launched
The annual PropertyGuru Thailand Property Awards, which seeks to reward the finest developers, properties and real estate personalities across the Kingdom, will return for its 12th annual edition this September. The event follows the success of the recent 2nd Cambodia Property Awards in March. The organiser expects to receive more than 300 entries from developers with ongoing projects located i...
Read MoreChina Building Collapse Claims Seven
The simultaneous collapse of four residential buildings in eastern China claimed at least seven lives in February. According to news agency Xinhua, the five-storey buildings collapsed early in the morning of 2 February in Dahui village, Baizhangji township, Wenzhou, an industrial city in eastern China’s Zhejiang Province. The collapse reportedly killed seven and buried a further nine. An inv...
Read MoreMalay-s’pore Rail Link Contracts Sealed
Malaysia and Singapore have announced the winners of key contracts for the showcase Kuala Lumpur – Singapore high speed rail link. US engineering giant Aecom will provide engineering consultancy services such as advanced engineering studies as well as architecture, civil engineering and M&E services to the Singapore end of the line, including for the iconic Jurong East terminus. Meanwhile, ...
Read MoreMalaysian Builders Protest at Foreign Worker Ruling
A new initiative by the Malaysian government for construction firms to pay an increased levy for every foreign worker has resulted in protests from the industry. As of 1 January 2017, construction companies were required to pay a fee of USD413 per worker, up from USD213. Employers of the estimated 900,000 foreign workers believe this will extract a further USD447m from the industry, making it l...
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