Property Focus
Evergrande Pledges to Resume All Paused Property Project
China Evergrande has vowed to restart construction of all frozen property projects by the end of September, prompting a response to the nationwide mortgage boycott, reported the Financial Times. 38 projects will be resumed by the end of September while 62 others will be restarted to “normal level”, according to a company statement released on […]
Read More
Investor Sentiment Leaning Towards Asia Pacific in 2022, Say Experts
Investors around the world are becoming more cautious in investing in real estate as well as other sectors, as uncertainty in the macroeconomic environment is ongoing, say, experts, emphasizing that the Asia Pacific market has gained more popularity lately compared to other regions. Despite the more cautious approach, the market in the Asia Pacific will […]
Read More
Singapore’s real estate market spikes as Chinese buyers increase
Singapore’s property market has recently caught its momentum compared to other markets around the world as Chinese buyers keep increasing. According to Worldakkam, Chinese buyers in Singapore were mainly concentrated in the luxury real estate market, Singapore’s hotels and beachfront real estate for instance. The reasons that build more trust for Chinese investors are the […]
Read More
Chip Mong 271 Mega Mall opens today
Chip Mong 271 Mega Mall, home of the world’s famous brands, opened its door to the public from 12 September onwards. During this soft opening, over 30 renowned brands are already opened to welcome all customers with the most special offers such as: – H&M and Pazzion shoe stores provide a 25% discount on selected […]
Read More
Chip Mong 271 Mega Mall to Open Tomorrow
The largest shopping in the south of Phnom Penh, Chip Mong 271 Mega Mall, will be opened to the public on 12 September, bringing a new shopping experience to all Phnom Penh residents. A large variety of both local and international brands are ready to open their doors from H&M, LYN, Calvin Klein, TEN11, Routine, […]
Read More
Chip Mong 271 Mega Mall to Open on 12 September
Chip Mong 271 Mega Mall will open to the public on Monday 12 September, showcasing multiple renowned international and local brands with restaurants, clothing, and electronics as well as many other products and services. With an investment of over US$150 million from Chip Mong Retail, the Chip Mong 271 Mega Mall has partnered with many […]
Read More
Cambodia’s renowned hospitality group Shinta Mani to launch in first property aboard in 2023
Cambodia’s renowned hospitality group Shinta Mani has partnered with Kathmandu-based Sherpa Hospitality Group to open the first Shinta Mani hotel outside of Cambodia. The 29-suite Shinta Mani Mustang – a Bensley Collection luxury lodge is scheduled to open on 1 March 2023. Designed by Bill Bensley, Shinta Mani Mustang perches high above the town of […]
Read More
NBC to issue US$25 million Government bond on September 7
The National Bank of Cambodia will issue the first government bond of 100 billion riels (approximately US$25 million) on September 7 to raise domestic investment for national economic development. NBC’s announcement stated that the bond will be auctioned through the National Bank of Cambodia platform from 8 am to 2 pm. The face value per […]
Read More
Kampot Governor Mulls Building More Luxurious Beach Resorts & Public Parks
Kampot provincial authorities plan to build more luxurious resorts and beaches to attract more tourists, according to Provincial Governor HE Mao Thanin on 5 September. The governor said that Kampot is a coastal province with rich potential and resources, but the province has yet to offer luxurious beaches for tourists. He added that the provincial […]
Read More
Chinese Gov’t to Issue US$29bn Loan to Help Developers Complete Housing Projects
The Chinese government plans to issue 200 billion yuan (US$29 billion) in special loans to help developers finish their stalled housing projects, according to Caixin. This loan will be issued under the cooperation of the Ministry of Housing and Urban-Rural Development, the Ministry of Finance, and the central bank. The loan may be provided by […]
Read More