Construction Focus
Hong Kong Apartment Sale Highest in Asia
A luxury apartment in Hong Kong’s exclusive Peak district has sold for USD17, 000 per square foot making it Asia’s most expensive residential real estate by area.
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Sky Forest សម្រាប់គម្រោងអចលនទ្រព្យវៀតណាម
Plans have been revealed for one of the most innovative real estate projects in Vietnam with an ultra-high rise tower development featuring a ‘sky forest’ at its top.
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Asian Commercial Real Estate Growing as World Percentage
A recent study by CBRE has shown a rise in Asian commercial real estate as a percentage of global supply, with Tokyo representing the world’s biggest single market.
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Thailand Strong Amid Drop in Asia-pacific Hotel Investment
Investment in the hotel real estate market in Asia Pacific has fallen 22 percent in the first nine months of 2017 compared to the same period last year according to a report by real estate consultancy JLL.
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Meanchey District Target for Infrastructure
One of Phnom Penh’s largest districts is being targeted for comprehensive infrastructure developments due to its strategic location in the south of the capital. Comprising four communes which spread across the south-eastern edge of the city, many projects have already been undertaken in 2017. New roads, canal refurbishment and sewer system renovations were all undertaken […]
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National Roads 2, 3 & 4 to Be Expanded
The Ministry of Public Works and Development has announced plans to expand National Roads No.3 and No.4 with Chinese firms employed for technical consultancy and construction. National Road No.3 will be expanded by two lanes on an 82km stretch from Cham Chao roundabout to Bay Kous in Takeo. China’s Wan Ann are working as technical […]
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Minister Calls for Law to Be Obeyed
The Minister of Land Management, Urban Planning and Construction, HE Chea Sophara used his speech at the opening ceremony of the 4th Cambodia Construction Industry Expo to send a strong message to the real estate development sector. During his keynote address, the Minister urged the key players in the construction and property industries to comply […]
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Chinese to Complete Gold Tower 42
The saga of the beleaguered Gold Tower 42 project finally appeared to be on its way to conclusion in November aftr Korean developer Yunwoo signed an agreement to restart construction. Kim Tae Yeon, general director of Yunwoo announced at the ceremony that construction would start again in 2018 with the project to be completed by […]
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Usd3.5m Spent on Capital Infrastructure
The government has announced that it spent USD3.4 million on infrastructure in the capital in the first seven months of 2017, excluding works on sewage upgrades, bridge maintenance and renovations of municipal buildings. The works to improve the capital are integrated into the annual budget for City Hall, municipality spokesperson Met Measpheakdey told the Phnom […]
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Borey Construction Booms Pre-election
A raft of new borey constructions has been announced at the end of 2017, giving the strongest indicator yet that the industry remains buoyant in the run-up to next year’s election. Borey Vimean Phnom Penh announced the construction of its eighth project in the capital to be located on Borey Angkor Road close to another […]
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