Local News
Chinese Developer Considers $10bn Deal for Australian Homebuilder
Chinese property developer Country Garden is negotiating to buy Meriton, Australia’s largest residential builder.
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Hongkong Land Landmark Building Launches New Name
After breaking ground in September 2013, Hongkong Land’s landmark tower was appointed the official name EXCHANGE SQUARE in February 2015.
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Property Tax Collection Extended to End 2014
The government has extended its deadline to collect property tax for the third time this year in response to many property owners still being unwilling to pay.
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Australia to Charge Fees On Overseas Property Buyers
After a sharp rise in property prices in Australia due to a 60 percent rise in Chinese buyers, the government plans to charge foreign property buyers fees to deter foreign buyers.
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2014 Phnom Penh Condo Study Released
New market research on Phnom Penh’s condominium sector by global real estate agency Century 21 has identified some of the key factors behind the healthy growth of the condo market.
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Asia Dominates Priciest Office Space
According to CBRE Research's biannual Global Prime Office Occupancy Costs survey, Asia continued to dominate the world's most expensive office locations, accounting for seven of the top ten markets.
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Soaring Sales See China’s Biggest Developers Go Global
Chinese buyers spent more on a commercial real estate outside China than in the country for the first time last year.
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Route 1 Land Prices Rise Thanks to New Infrastructure
Cambodian real estate industry insiders have said that property prices along National Route 1 rose by 30 percent in some areas in 2014.
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Booyoung Town to Resume Works Early 2015
After halting shortly after breaking ground in May 2013, work on the stalled US$1.1 billion Booyoung Town development is set to resume early this year.
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Riviera Condos to Start Construction
Construction on Cambodia’s most costly condominium project, the Diamond Island Riviera, is planned to start mid-year according to the project manager.
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