Local News
Capital condominium supply forecasted to increases 120% in 2019
Construction delay in 2018 will see the supply of Phnom Penh condominium jump to 120% in 2019 with mid-range segment dominating the market, said CBRE Cambodia. According to CBRE researched, initial forecasts estimate that a y-o-y increase in condominium stock of almost 100% will occur in the affordable segment by the end of 2019, increasing […]
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Land prices rise sharply in three Phnom Penh districts
Thanks largely to international companies investing in and developing real estate, especially residential and commercial buildings, Khan Sen Sok, Khan Mean Chey and Khan Dangkor districts in Phnom Penh are experiencing significant land price changes. According to a report by Key Real Estate comparing the land prices in 2017 and 2018, Khan Sen Sok has […]
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Desirable district of Chamkarmon to see more high-end condominiums by 2021
Phnom Penh’s most desirable district Chamkarmon is set to welcome more high-end condominium units by 2021 thanks to the recent ground-breaking ceremony of a 25-storey luxurious condominium project. On 12 February 2019, local real estate firm Century 21 V-Heritage Home Realty invested in its first residential project called ‘Amara Residence’ which is to be built […]
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OCIC to develop commercial hub on Kaoh Norea
Renowned Cambodian construction and real estate firm, Overseas Cambodian Investment Corporation (OCIC), plans to develop a huge commercial hub in the heart of Kaoh Norea, according to the company. OCIC Deputy General Director Mr Touch Samnang confirmed to Construction & Property Magazine on 08 February 2019, that the company plans to develop a huge commercial […]
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Two types of mall shaping Cambodia retail sector
As the retail sector’s influence on Cambodia’s property development grows, industry players are now focusing on two types of malls that best serve the country’s consumers. Cambodia leading retail firm, Chip Mong Retail (CMR) recently unveiled its ambition to capture retail market share by segmenting the market into community malls and urban malls. “To compete […]
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Song Saa opens plot sales for Cambodia’s largest eco-tourism development
Developer Song Saa Collective announced the opening of the sales of land plots in Cambodia’s largest eco-tourism, according to its sole agent CBRE Cambodia. Recently, international real estate firm CBRE Cambodia said that Song Saa has currently opened land plots in the Banteay Srei development zone for sale as part of the huge eco-tourism project, […]
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Stability and Economy Are the Natural Resources of Real Estate Growth Says Oknha Pung Kheav Se
One of Cambodia’s most prominent and well-known investors in construction and real estate has said that the growth of the sector relies on political stability and a strong economy as its natural resources.
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National Bank: Real Estate Credit Risk Remains Low
Although the real estate sector continues to consume large amounts of credit, risks associated with this high credit growth in the sector remain low, according to a National Bank of Cambodia (NBC) assessment.
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UK Condo Adding More Stock to Local Condominium Market
Condominium stock across Cambodia continues to rise with an average growth of around 18% in the fourth quarter of 2018, reflecting the country’s strong economic growth.
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Phnom Penh to See Rise in Strata-title Office Supply in 2019
Delays in the construction of landmark projects in 2018 will result in an increase in the Phnom Penh office strata-title supply in 2019, according to a report by real estate firm CBRE Cambodia.
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