Construction of New Siem Reap Airport 42% Complete
The construction of the new Siem Reap Angkor International Airport is approximately 42% completed although some works have been disrupted by the COVID-19 pandemic. Spokesman of the Secretariat of Civil Aviation of Cambodia HE Sin Chansereyvutha told Construction & Property Magazine on 12 May that the three main parts of the construction are on schedule. […]
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Number of Mortgage Applications in Q1 Increases by 15%, Though Values Drop by 4%
The number of mortgage application in Cambodia in the first quarter of 2021 increased by 15% compared to the previous quarter, according to a recent report by the Credit Bureau Cambodia (CBC). The report added that even though there was an increase in the number of applications, the total value of mortgages, in contrast, dropped […]
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Cambodia Installing 550 BeiDou GPS Units Nationwide to Reduce Illegal Transportation Activities
Photo Credit to: spacenews The China Great Wall Industry Corporation (CGWIC) will soon open a new office in Cambodia, and 550 BeiDou GPS units will be subsequently installed across Cambodia to interdict illegal transportation activities nationwide. This is according to the discussion between Minister of Public Works and Transport HE Sun Chanthol with the CGWIC […]
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Singapore Pledges to Continue Cooperation on Enhancing Logistics System in Cambodia
Cambodia and Singapore have committed to expanding cooperation on logistic infrastructure system, to help Cambodia become one of the most competitive trade centres in the region. The commitment was made during an official meeting between Minister of Public Works and Transport HE Sun Chanthol and new Singapore Ambassador Cambodia HE Teo Lay Cheng on 11 […]
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Discussion on Phnom Penh-Bavet Expressway Takes Another Step Forward
The Minister of Public Works and Transport HE Sun Chanthol on Monday held an online meeting with Svay Rieng Governor Men Vibol and relevant officials to discuss the progress of the Phnom Penh-Bavet expressway. The meeting aimed to resolve challenges that occurred during the process and speed up the procedure to meet the scheduled timeline, […]
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Top 5 Tallest Wooden Buildings in the World
When talking about skyscrapers, who could imagine them to be built from wood? However, there are some skyscrapers made from timber. Here is the list of tallest timber buildings in the world arranged by Construction Review Online. 1) Voll Arkitekter’s Mjøstårne, Brumunddal, Norway The 85 metre-high tower claimed the title of the tallest timber building […]
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Siem Reap Chosen as Venue for 2023 SEA Games Cycling
Among three potential provinces, Siem Reap has been chosen to host the cycling for the upcoming 2023 SEA Games, according to the Ministry of Tourism’s announcement yesterday. The ministry stated that Siem Reap is a high-priority province as it has ready infrastructure such as airports, roads, ancient temples, and especially the Phnom Kulen National Park, […]
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Properties Affecting NR5 Renovation Project Ordered to be Demolished Immediately
Battambang Governor HE Nguon Rattanak has called for the immediate demolition of any properties affecting the NR5 renovation project, directed towards both legal properties that have already received compensation and illegal ones. Governor Rattanak said that during a site inspection on 10 May, citing the faster the demolition procedure goes, the faster the renovation could […]
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Understanding Each Owner’s Rights on Undivided Property
When buying a plot of land or a house together with friends or multiple shareholders, each co-owner has a right to that property based on the number of shares. However, the rights are limited under uncertain conditions, especially when it comes to selling the property or selling your shares. According to the 2001 Land Law […]
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Pavement Works Officially Begin for Phnom Penh-Sihanoukville Expressway
The construction of the US$2-billion Phnom Penh-Sihanoukville Expressway has taken another step forward, as the pavement work is already underway, according to the Facebook page of the Phnom Penh-Sihanoukville Expressway on 10 May. The same source said that the road is being paved with durable asphalt concrete or known as ATB-25, and the actual pavement […]
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‘Cloud Kitchen’ a Future Trend & New Business Opportunity for Cambodia, say Experts
Real estate experts have forecast that the ‘Cloud Kitchen’ business model will become a future trend and potential investment opportunity in Cambodia, especially given recent lockdowns and the surge in COVID community outbreaks. The topic was discussed at a joint online conference between Pointer CEO Nguon Chhayleang and International Property Advisor (Singapore) Ku Swee Yong […]
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Redesigning Retail Space to Ease Delivery Service Key to Catching Up with Online Shopping Trend
The retail sector in Cambodia should consider redesigning its space and business model to catch up with the recent boom in online shopping and delivery services, say property experts. According to the CEO of International Property Advisor (Singapore) Ku Swee Yong in a webinar organised by Pointer on Saturday, the necessity to go to shopping […]
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