Local News
PropertyGuru Cambodia Property Awards 2018
(ខ្មែរ) PropertyGuru last night held an awards ceremony at Sofitel Phnom Penh Phokeethra to announce the winner of PropertyGuru Cambodia Property Awards 2018.
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Global Hospitality Brand Le Meridien to Set New Standards in Sihanoukville
Marriott International has inked an agreement with The Grand Lion Group to introduce the Le Méridien brand to Cambodia’s coastal city of Sihanoukville by 2022, according to TTR Weekly.
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Mega Plan to Create Phnom Penh Central Business District
Prince Real Estate Group is embarking on a mega plan to create a Phnom Penh Central Business District (CBD) in Chamkar Mon area, where many embassies and government offices are located.
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Interior Decoration of Residential Units
As the supply of new apartments and condominiums rise, tenants are being given a variety of choices to select their preferred property.
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Lettable Residential Properties
Since the introduction of apartment and condominium living in Phnom Penh in the early 2000s, there has been a significant growth in total amounts of rent paid by expatriates for their residential accommodation.
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How Should Hotels Respond to the Growing Number of Tourists?
The tourism sector is one of the key bright spots in the Cambodian economy, with visitor numbers continuing to grow. Hotel occupancy rates in cities like Phnom Penh, Siem Reap and Sihanoukville
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Condo Prices Set to Fall
A new report by leading real estate firm CBRE indicates that condominium prices will fall in 2018 due to saturation from thousands of new units coming onto the market as multiple large-scale projects come online.
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Safari World Phnom Penh to Open in April
After two years of construction, the gigantic zoo Safari World Phnom Penh by L.Y.P Group is set to open for public this upcoming April, according to Agence Kampuchea Press (AKP).
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Prices Rocket on Capital’s Shophouses
Shophouses in emerging areas of Phnom Penh soared in price last year as investors look to capitalise on the rise of large retail outlets.
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Real Estate Sector Leading Credit Recipient
The National Bank of Cambodia (NBC) reported in February that USD3.91 billion in bank loans were absorbed by the nation’s construction and real estate sectors in 2017.
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