Construction Focus
Banda Malaysia Facing Collapse
The largest real estate project in Malaysia faces collapse after the government cancelled the contract with the Chinese-Malaysian developer in May after it failed to meet payments.
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Incomplete Projects Hamper Vietnam
Despite Vietnam’s real estate market grabbing attention and headlines for its strong performance in recent years, prospects in the north continue to be hampered by large numbers of incomplete projects.
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Thai Realty Market Rebounding
The condominium market in Bangkok has experienced a slight upturn in Q1 2017 thanks to growing demand and a slowing in new projects coming online.
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Rentals Driving Yangon Market
With a vibrant rental sector driving the Yangon market, Myanmar real estate experts believe this trend could catalyse investment into residential developments and construction of new units.
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Hong Kong Market Hits Record Highs
Residential property values in Hong Kong are now 75.9 percent higher than they were 20 years ago when the city was handed over to Chinese rule according to JLL’s Land and Residential Market Review.
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Boosting the Country’s Development
Having workers in mind at construction sites : One building after another emerges from the grounds. It is obvious that many projects to develop Cambodia’s urban landscape is undergoing rapid changes – such as building offices, apartments, and shopping malls. The total investment in construction projects more than doubled to USD 8.5 billion in 2016 […]
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National Road 55 Complete by 2018
National Road 55 complete by 2018 Work is quickly proceeding on National Road 55 in Pursat province which will eventually link to the Thai border. Being built through the infrastructure funding support provided by the Chinese government through the One Belt, One Road (OBOR) initiative, the 182km road will connect the statue of Neak Ta […]
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Skytrain Feasibility on Track
Following months of uncertainty, the Japan International Cooperation Agency (JICA) is to start work on a feasibility study in August for a skytrain in Phnom Penh. The study will provide a breakdown of costs and also propose routes for the project which is slated to cost USD800 million. Once complete, JICA will present the study […]
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Koh Dach Welcomes Bridge Plans
Phnom Penh Municipality has announced plans to connect Phnom Penh to Koh Dach commune, known locally as Silk Island, with a new bridge. Though no details have yet been released, Phnom Penh governor Pa Socheatavong told the Phnom Penh Post that a company is undertaking a feasibility study for building three bridges in the area. […]
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Construction on Mekong Bridge Underway
Construction is underway on a new bridge connecting Kompong Cham and Tboung Khmum provinces across the Mekong River according the Ministry of Public Works and Transport. Spanning 1.13km across the river and 13.5m wide, the new bridge is estimated to cost USD5 million according to a report in the Phnom Penh Post. Presently, the only […]
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