Government to Supply Social Housing in 2017
Despite 20 percent of Cambodian people reported to live at or under the poverty line, having access or ownership of decent shelter remains a hot issue for most low-income citizens among the population of 15 million.
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Staying Safe With Performance Bank Guarantees
Cambodian banks play a vital role in ensuring business transactions go as planned, especially in the construction sector. Still, many people don’t understand how a “performance bank guarantee” works, especially in Cambodia’s thriving building sector.
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Playgrounds in Cambodia- Safety First!
The need for our children to go and out and play is absolutely necessary, but the impact of 21st century technology could be the death of play for tech-savvy children.
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Chan Sim: Cambodia?s Living Human Treasure
Angkor Wat and its pantheon reflects Cambodia’s pride in traditional sculpture, carving and architectural decoration. But whenever these traditional arts are discussed today, Prof. Chan Sim is usually mentioned.
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The Hypothec Revolution
The Cambodian Law on Application of the Civil Code was implemented in 2011 and abrogated some provisions of the 2007 Civil Code, and the 2001 Land Law. The new law has significantly impacted the structuring of business operations related to security rights, including for financial institutions providing credit.
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Construction of ?the Bridge? Kicks Off
Groundbreaking for the 45-story, twin-tower condominium development, “The Bridge”, was launched on June 12 to tap into a growing demand for high-end residential and commercial units. Developers and realtors say the complex will be a gem along the city’s riverbank.
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Rethinking the Real Estate Paradigm
The real estate industry is booming, not only in Cambodia but across most of Asia.
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Where Will We Go in 2016?
In 2016, we expect to see a steady housing market that will grow along with the economy. I predict a healthy growth in both real estate sales and prices, similar to what we saw in 2015, although at a slightly slower pace. 2016 should be much more predictable and stable than past years.
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