Property Focus
Bluebell Group Announces Retail Operations in Cambodia
Bluebell Group, a distributor and operator of high-end brands, has entered the Cambodian market as it is also managing the Peak shopping mall located in the centre of Phnom Penh. At the opening ceremony of operations in Cambodia on Monday, Mr Pierre Balsan, CEO of Bluebell Cambodia, stated that Cambodia is a new frontier of […]
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Two Local Firms Co-Establish Standardised Training Program for 1,000 Real Estate Agents
LSCG Real Estate and Milky-Way Reality Investment Plc have jointly invested US$1 million to establish a standardised training program for 1,000 real estate agents nationwide. The training will be based on a new modern Chinese technology, aiming to equip agents with know-how skills and keep them updated with current trends in the digital world. LSCG […]
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Land Prices in Southern PP Forecasted to Keep Rising; currently US$100- 2,000 per sqm
CBRE Cambodia has predicted that land prices in the southern part of Phnom Penh will continue to rise as prices can currently vary from US$100 to over US$2,000 per sqm. The international property agency added that land values in the area have begun to pick up pace since 2011 after the government announced the construction […]
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Researcher Unveils New Finding Comparing Heat Resistance of Four Types of Roofing Tiles
Advertorial A professor at the Institute of Technology of Cambodia (ITC) and Chairman of the Technology and Energy Research Council Chan Sarin has recently unveiled a new finding comparing the heat-resistant capabilities of four types of roofing products. The four types of products tested include cement tiles, ceramic tiles, PU tile, and zinc tiles This […]
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Southern Phnom Penh a future country’s new economic corridor, says CBRE
CBRE Cambodia has forecasted that the southern districts of Phnom Penh and several neighboring districts of Kandal province will soon become the country’s new economic corridor, encompassing future residential, commercial, and industrial activity. According to its recent report, the Capital’s most southern districts namely Dangkao and Mean Chey, as well as Takhamo City, Kandal Steung […]
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Affordable modern housing project TKS Residence launched in Pochentong
A new affordable housing project, TKS Residence, has officially launched, aiming to contribute to the growth of the Pochentong area and to provide modern homes at affordable prices to customers. Located in the Pochentong area only 1.5km from the Russian Blvd, the project is being built on approximately 4 hectares of land with […]
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Telecom Ministry Vows to Put End to Poor Carrier Signal in Boreys
The Ministry of Posts and Telecommunications will start installing signal testing kits in boreys and will order the carrier service providers to immediately fix their signals if the kits show a low signal, without reason. Minister of Posts and Telecommunications HE Chea Vandeth addressed this new measure during an official meeting on Monday 9 August, […]
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Kampot to officially inaugurate Bokor city administration this week
The Kampot provincial administration will officially launch the Bokor city administration on August 12 after the council election of the new city was completed in late July. With three communes, the Bokor Municipality is newly formed and the Municipal Council was elected on July 25, 2021. Kampot provincial governor HE Cheav Tay said in the […]
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Interior Ministry Green Lights Request for Establishing Six New Communes
The Ministry of Interior (MoI) has given the green light to the request by six provincial administrations to establish six new communes and modify some administrative boundaries within the provinces. According to letter No.146 dated 06 July 2021 of the MoI, the proposed communes include Bourvil, Oukandear Sen Chey, Phnom Krang Dey Meas, Yeay Mao […]
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Bangkok Home Prices Dive Down as Pandemic Continues
Prices of homes in Bangkok have dived compared to emerging cities in Southeast Asia, as the COVID-19 cases in Thailand continue to spike, reported Investvine. According to a study entitled ‘Global Cities Q3’ by Juwai IQI, home prices in Bangkok shrunk by 6% in Q1 2021 year-on-year, with references to condominium prices in the central […]
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