Condominium Development Shifts to Affordability After Decrease in Roi on High-end
The development trend in the Phnom Penh condominium market has now shifted toward the affordable segment following a decrease in return of investment on the high-end segment which industry insiders believe is a positive sign for the market. According to the recent Q2 2019 Phnom Penh Market Update report by international real estate agent CBRE […]
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Kingdom’s Premier Architecture and Decor Expo Returns for Biggest Event to Date With a Focus on Smart Living
The Cambodia Architect & Decor Expo wrapped up its fourth annual instalment on Saturday 8 June after an action-packed three days that brought together more than 180 local and international exhibitors,
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Indonesian Government Raises Price Threshold for Tax on Luxury Properties
In an effort to boost its real estate industry, the government of Indonesia is raising the price threshold of luxury sales tax on residential property.
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New law in discussion for controlling security and public order in boreys
The Ministry of Interior has begun discussions on compiling and formulating new laws for controlling public order and security in boreys, amid the rapid growth of this type of residential development. Ministry of Interior spokesman Khieu Sopheak said on 09 July that the draft law on the management of boreys is aimed at tightening security […]
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Expert Says Four Locations Seeing Strong Construction Growth in 2019
With the Ministry of Land Management Urban Planning and Construction (MLMUPC) projecting that construction is expected to increase sharply in 2019 compared to 2018,
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Waterfront Resort Design Unveiled for Jakarta
Australian developer Crown Group has revealed plans to build a US$693 million mixed-use waterfront resort in Jakarta, with marina, beach club and apartments.
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Prince Real Estate Selects Cambodia as Strategic Base for Southeast Asia
After establishing a strong presence in the Cambodian market, Chinese property conglomerate Prince Real Estate Group has announced that it has selected Cambodia as a strategic base to achieve
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Environmental impact assessments required for major construction
The Ministry of Environment has affirmed that all major construction projects are required to conduct environmental impact assessments (EIA) before requesting a construction permit license from the Ministry of Land Management, Urban Planning and Construction. According to the Ministry of Environment, before issuing construction permit licenses, some construction projects need to have the results of […]
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Swiss Based Company Plans to Develop Us$40 Million Hospital in Cambodia
In response to national economic growth and demand for good healthcare, Swiss-based companies revealed plans to develop a hospital in Cambodia during a meeting between representatives of the companies
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Construction Starts on Us$10 Million Water Treatment Plant in Kampot
Ground was broken on 3 July on water treatment plant in Kampot province which will contribute to the clean water supply in Kampot and Kep provinces.
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Aluminium China & Lightweight Asia 2019 Continue to Look at the Advancements in the Aluminium Application Field
Aluminium China and Lightweight Asia 2019, which will be held by Reed Exhibitions from July 10th to 12th, will showcase a new chapter in the aluminium industry
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Land Minister Warns Non-compliant Construction Sector Businesses of Closure
H.E Chea Sophara, Deputy Prime Minister and Minister of Ministry of Land Management Urban Planning and Construction (MLMUPC), told all construction companies in Cambodia
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