Construction & Property Weekly Video News (10 April 2021)
This week content (10 April 2021): #1 Oversupply, Liquidity Reduction, and Construction Delays Pose Greatest Threats to Real Estate Market in 2021 [Read more] #2 Phnom Penh Monorail Feasibility Study Complete, Subway Option to Follow Next Month [Read more] #3 Telecoms Ministry Issues Four New Guidelines for Borey & High-Rise Project Owners [Read more] #4 Cambodia Imports Over US$1 Billion of Construction Materials in 2020, Down by 7.3% Y-o-Y [Read more] #5 Colliers: Asia Pacific Hospitality Sector Expected to Hit 2019 baseline by 2023, Cambodia to Lead in Casino Segment [Read more] Subscribe to the Construction & Property TV Channel for more up-to-date construction and property news.
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Sihanoukville Not Best Strategic Spot for Chinese Naval Base: The Diplomat
An article by The Diplomat has recently asserted that Sihanoukville’s Ream bay is not the ideal strategic spot for a Chinese naval base. The article was written by local analyst and researcher Chen Heang where he provided four key arguments to support his claim. 1) Ream Bay is not deep enough to undertake major naval […]
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Welcoming Vaccinated Tourists by Year’s End Will Also Boost Real Estate Sector, says Expert
Real estate expert and President of KW Cambodia Dr Kim Heang has expressed optimism that the real estate sector will also gain momentum if the government decides to allow vaccinated international tourists to enter Siem Reap by Q4 this year. Dr Kim Heang said that this is a smart move by the government, like many […]
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Oversupply, Liquidity Reduction, and Construction Delays Pose Greatest Threats to Real Estate Market in 2021
Among other projected risks, oversupply, reduction of liquidity, and construction delays have been the top three concerns that pose greatest threats to the real estate market in 2021, according to CBRE Cambodia’s recent survey. The survey also listed out other risks such as the threat of international sanctions, lack of infrastructure capacity, domestic regulatory change, […]
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Borey Market Sees 15% Price Reduction in Past Six Months After Staying Robust for Over a Year
The average quoting sales prices of borey units, or landed property, has seen a 13% to 19% price reduction across the different housing formats during the past six months between Q4 2020 to the end of Q1 2020, according to CBRE Cambodia’s recent Market Overview report. This change is considered the most significant observation by […]
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Colliers: Asia Pacific Hospitality Sector Expected to Hit 2019 baseline by 2023, Cambodia to Lead in Casino Segment
The Asia-Pacific hospitality sector is projected to recover steadily from the last quarter of 2021 onward, and to hit the 2019 baseline by 2023, according to a recent report by an investment management company Colliers International. The report, entitled Colliers Hotel Insights Q1 2021, also predicted that Cambodia and Macau will lead the way in […]
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Malaysia’s MIDF Research: Cambodia Aviation Market to Quickly Recovery in Next Two Years
Malaysia’s MIDF Research has predicted that the Cambodian aviation market will gain momentum in the next two years after the COVID-19 pandemic subsides, according to The Malaysian Reserve. The forecast analysed the 2021 and 2022 financial status of Malaysian firm Muhibbah Engineering, which has a 21% stake in Cambodia’s three major airports: Phnom Penh, Siem […]
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COVID-19 Crisis Proves Strongest Developers, Says Analyst
As of the beginning of 2021, the real estate market in Cambodia remains under pressure from the COVID-19 crisis, especially given the recent surge in community transmissions. Real estate analysts, on the other hand, view this long-period pressure as a reflection of which project developers have the strongest position in the market. Managing Director of […]
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Surge in Community Outbreak to Hurt Property Market Until Q3, Say Analysts
Local property market insiders say that the recent surge in COVID-19 community transmissions in Cambodia is putting quite severe pressure on the real estate market and will continue to get even worse if the situation prolongs. Mr Sorn Seap, founder and director of Key Real Estate, said that the market was seeing a positive trend […]
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Cambodia Should Simplify Institutional Red Tape for Effective Post-Pandemic Recovery, Says Analyst
To ensure a robust recovery from the COVID-19 crisis, Cambodia may need some institutional reforms. and reducing investment red tape should be the first step according to an international analyst. Strong political and social stability have been the selling points attracting more investment to Cambodia in the last two decades. However, fixing the complexity and […]
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