Property Focus
Population Growth & Modern Living Trend to Boost Demand for Condos, says Expert
The condominium market in Cambodia, which is currently heavily reliant on foreigners, will be supported by local customers due to population growth and the trend of living in modern housing. Executive Vice-President for the Cambodian Valuers and Estate Agents Association (CVEA) said if the developers establish the right price, size, and style to match the […]
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Pandemic Guides Cambodian Real Estate Sector to Shift Toward Sustainability
A prominent real estate expert has predicted that the real estate sector for 2022 and beyond will continue to grow slowly but in a more sustainable direction despite the ongoing COVID-19 pandemic. This slow but continuous growth is due to the market adapting and turning its focus on the local market, which is where demand […]
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Gov’t to Help Resume Development of Unfinished High-Rise Buildings in SHV
The Cambodian government has set out a plan to help attract new investors to continue the development of unfinished high-rise buildings in Sihanoukville that were affected by the COVID-10 pandemic in the past two years. The remark was made by HE Vongsey Visoth, Permanent Secretary of the Ministry of Economy and Finance in a public […]
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2022 Cambodia Property Awards Announced with All-New Best Coastal Residential Development Category
PropertyGuru has officially announced the return of2022 PropertyGuru Cambodia Property Awards with an in-person, safely conducted, exclusive black-tie gala dinner and ceremony to be held at the Sofitel Phnom Penh Phokeethra on 26 August. The announcement was made during the media roundtable held on 23 February at the Sofitel Phnom Penh Phokeethra. The event was […]
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Japan Plans to Invest in Building 2000-Unit Housing Project in Siem Reap
Japanese company UR Linkage Co Ltd has unveiled a study plan to invest in building a 2,000-unit Japanese standard affordable housing project in Siem Reap. This project was presented in the 3rd Public-Private Forum on “Cambodia-Japan Urban Development’ held on 16 February. Named Sakura Angkor, the project is currently in the study phase and is […]
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Iran Mulls Investing in Cambodia’s Oil & Gas Sector
Cambodia’s oil and gas sector has attracted the attention of Iranian investors, as Cambodia has many potential spots both offshore and onshore. In a meeting with Minister of Mines and Energy HE Suy Sem on 21 February, Ambassador of Iran to Cambodia HE Ali Akbar Nazari said that Iran is ready for cooperation in the […]
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Five firms sign MoU to strengthen real estate investment between Cambodia and EU
Five major local and international companies have entered partnerships on new investment opportunities to promote real estate investment between Cambodia, Canada and Portugal. The MoU was signed on 18 February between Zillennium Co., Ltd (Z1 Group), Z1 Financial, Century 21 Fortuna Investment, Mercan Group and Mercadia Cambodia. The collaboration is an important step towards contributing […]
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Hong Kong-Based SUNWAH Group Mulls Investing in Real Estate Sector in SHV
The Sihanoukville provincial administration has expressed its full support to Hong Kong-based SUNWAH Group which intends to invest in the real estate sector in Sihanoukville, as company representatives are currently exploring investment potential in the province. The investment plan was unveiled during the meeting between Sihanoukville Governor HE Kouch Chamroeun and Director of SUNWAH Mr […]
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Frasers Hospitality expands footprint into Cambodia with launch of three properties
Frasers Hospitality, a member of Frasers Property Group, has entered the Cambodian real estate market with a plan to open its first property in Phnom Penh this year and two more by 2026. According to the firm press release, the first property is an 88-room serviced apartment named Capri by Fraser, which is set to […]
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Japan Unveils Three Tentative Types of Smart Bus Stops in PP; Study Set for Completion in March
The feasibility study for establishing smart bus shelters in Phnom Penh by the Japanese government is ongoing and set for completion in March. The progress of this study was updated during the Cambodia-Japan Meeting of Public-Private Platform for Urban Development held on 16 February. The project is under the responsibility of the Ministry of Land, […]
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