CBRE Forecasts 10 Positive Trends for Cambodian Real Estate Sector in 2022
At the ‘Fearless Forecast 2022: Foundations of a Tiger’ event on Thursday 20 January, CBRE Cambodia forecasted ten positive trends that are likely to occur in the Cambodian real estate sector in 2022 and subsequent years. After a slump in high-end condominium openings during in the COVID-19 pandemic, there will be zero new high-end condo […]
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Residential Demand Slowly Returns to Sihanoukville
By Eric Wong Chon Lap Sihanoukville has brought some life back, after the Cambodian government decision to lift the ban on flights from other countries, and having to depend solely on the domestic market for almost two years. While there may not be a large number of tourism or business traveler arrivals to the city […]
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Over 3,900 Construction Projects Worth US$5.4bn Approved in 11 Months of 2021
The Ministry of Land Management, Urban Planning and Construction approved 3,925 construction projects in the first 11 months of 2021, a decrease of 403 projects from the same period last year. According to the Socio-Economic Trends Report of the Ministry of Economy and Finance, the construction projects worth US$5,456 million, also a 22.1% drop year-on-year. […]
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What if Chinese Investors Do Not Return to Cambodia? How Will the Real Estate Market Recover?
Real estate and economic experts in Cambodia have expressed concern over the current real estate market in Cambodia, especially in Sihanoukville, which is now calling for a return of Chinese investors. What if they never return? How the real estate market recover? Local economic and financial analyst Ngeth Chou said that this downturn is an […]
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Expert unveils types of land with high investment potential
Real estate expert and President of KW Cambodia Dr Kim Heang said that land in Cambodia can be categorized into four major types, but among all, only two of which are having great investment potential at the moment and in the upcoming years. “Those four types include agricultural land, tourism land, commercial & industrial land, […]
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Future of Cambodia Real Estate Sector in 2022 & Beyond
The real estate sector in Cambodia was hit hard in 2020 at the start of the COVID-19 pandemic. In 2021, opposite to the positive expectations, the market was hit even harder given lockdowns and the widespread new variants. However, after the country’s reopening in November, many real estate analysts have increased their hopes for 2022. […]
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3,263 Construction Projects Registered in 9 Months
3,263 construction projects were registered in the first nine months of this year, a 476-project decrease from the same period last year. Figures from the Ministry of Economy and Finance issued recently showed that the value of registered construction projects was US$4.6 billion, a year-on-year decrease of 20.6%. Of the total registered construction projects, 2,909 […]
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Could Chroy Changvar District Become Phnom Penh’s Next CBD?
Chroy Changvar district is situated in the northern part of Phnom Penh City with a total population of more than 159,000. It has a land area of 85 square kilometers and is divided into five communes: Chroy Changvar, Bakheng, Prek Leab, Koh Dach and Prek Tasek. Of all Phnom Penh’s suburbs, Chroy Changvar is considered […]
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Warehouse & Factory Leasing: Good or Bad Investment?
The business of building factories or warehouses for rent has been gaining in popularity in recent years. However, this type of business can be profitable or not depending on location and land size factors. A local real estate expert and president of KW Cambodia Dr Kim Heang said that those who own only 1 to […]
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Expert Warns Risks Stem from Oversupply of Vacation Homes in Cambodia
During the past few years, the trend of building vacation homes for sale has gained popularity, in particular at tourist attractions such as Bokor Mountain, Kampot and Kirirom. However, a real estate expert has warned that oversupply of this type of property can cause financial risks among developers given the overall economic conditions, limited average […]
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