Property Focus
Singapore Real Estate Firm Eyes Cambodia’s Hotel Market
Ascott Limited, a Singapore-based serviced residence owner-operator, is keen to expand its business hotels into Southeast Asia with Cambodia being one of the company’s immediate targets, according to their press release.
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Taiwan Firm Acquires Royal Group’s Cellcard Finance Plc
Taiwan financial leasing firm Chailease Holding has acquired 60% of Royal Group’s Cellcard Finance PLC, Cambodia’s diversified business conglomerate, according to an article published by The Taipei Times on 17 September, 2018.
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China Dominant in Cambodia Property and Tourist Sector
A new report by Business Times shows that China is driving Cambodia’s property and tourism sector with massive investment expected to continue flowing into the country.
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Environment-friendly Midtown Community Mall Set to Open in December
The 3-storey Midtown Community Mall is set to open in TeukThla in December 2018, bringing an additional shopping centre to the kingdom.
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Real Estate Agent UAS Sees Bright Future for Retail Malls
The rapid growth of Cambodia’s retail sector in recent years, thanks largely to the emergence of a middle class now numbering two million, have together been catalysts for the significant rise in retail mall tenancies,
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Cambodia Needs Over 100,000 Hotel Rooms by 2030
Minister of Tourism H.E Thong Khon, has forecast that Cambodia will need more than 100,000 hotel rooms to accommodate the increasing number of national and international tourists which is expected to total to around 28 million by 2030.
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Savills’s Forum Showcases Investment Opportunities in Hotel and Hospitality Industry
On 29 August, 2018, Savills Hotel APAC organised a panel discussion where experts presented key trends in the hotel and hospitality industry as well as investment opportunities in Cambodia.
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Real Estate Agent Vows to Improve Quality of Property Valuation
With the new strategic partnership between leading real estate company Cambodia Properties Limited (CPL) and Vietnam MB Bank, the quality of property valuation in Cambodia is stepping up to another level.
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Phnom Penh to Become Trade Hub for Foreign Investors
With massive building projects emerging and sustained growth, Phnom Penh is becoming a trade hub for foreign investors, according to H.E. Men Sam An, Deputy Prime Minister and Minister of National Assembly
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Real Estate Management Provider Inks Mou With Wing
Cambodia’s real estate management provider Capital Management Solutions (CMS) had signed a memorandum of understanding (MoU) with leading mobile payment portal Wing (Cambodia) Limited Specialised Bank
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