CBRE: Office rental rates on downward trend from Q2
Occupancy rates of office rental business began to decline from April after remaining robust in Q1. Meanwhile, new rental rates will also begin to decline towards the end of the year, after initial upward movements only a month before the COVID-19 eruption. The dropping trend in rent rates is likely to reverse the increasing supply […]
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CBRE: Retail rental prices drop sharply while supply increases substantially in Q1
CBRE Cambodia has reported that retail rental prices saw a sharp slowdown in February 2020 as a result of the COVID-19 pandemic. According to the CBRE report, retail rental prices sharply declined by 9.2% for community malls and 10.5% for prime retail podiums in February 2020. The decline resulted from the spread of COVID-19 causing […]
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How interest rate cuts affect mortgage rates and borrowers
Central Banks around the world have been lowering their interest rates as one of the monetary policy responses to the economic slowdown caused by the COVID-19 pandemic. The Federal Reserve, or FED, of the United States, for instance, has recently cut the rate to almost 0%. The same applies to the Bank of England, the […]
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CBRE: EBA withdrawal may harm industrial estates, retail, and property loans
The withdrawal of EBA trade privileges from Cambodia, which is expected to take place by August, may pose risks to the kingdom’s real estate sectors especially on industrial estates, in the retail sector, and for borrowing on residential real estate, according to the prediction of CBRE Cambodia. Based on the viewpoint report released by CBRE […]
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All Eyes on Russian Boulevard
A wide road, colleges and universities, a series of upcoming office buildings and other amenities, close proximity to Phnom Penh International Airport and easily accessible to all the major thoroughfares
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Interview: Understandings of Cambodia foreign debt and its contribution to economic development
Cambodia should not worry about the foreign debt which accounts for more than 20% of GDP, according to the analysis and assertions of the Prime Minister and the Minister of Public Works and Transport.
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Cambodia must address challenges to benefit from digital economy
With the rapid development of the digitised society, Cambodia still needs to improve in a number of areas to gain benefit from the digital economy, according to a recent World Bank report. The report concludes that Cambodia still needs to address four challenges before absorbing the diverse benefits available from a digital economy. According to […]
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US$6.4 billion invested into construction sector
The construction sector in Cambodia continues to grow according to a report by the Ministry of Land Management Urban Planning and Construction (MLMUPC) which shows an increase in investment of more than 34% year-on-year to more than US$6 billion. The recently released data reveals that between January -September this year, the ministry approved 3,433 construction […]
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Belt and Road Initiative book to enhance China – Cambodia friendship
The 11 October launch of the book ‘Belt and Road Initiative (BRI) and Its Implications for Cambodia’s Development’ is intended to enhance the friendship between China and Cambodia. Speaking at the launch event, Zuo Wenxing, a political counsellor of the Chinese embassy to Cambodia admired the group of scholars for making the book a reality. […]
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Ban on online gambling shrinks real estate activities in Sihanouvkille, but opportunity arises
The recent ban by the Cambodian government on online gambling has caused many Chinese nationals to leave the busy city of Sihanoukville with real estate activities affected as a result. However, experts remain optimistic that this change will create new opportunity for the industry. Speaking at the real estate market review held on 11 October, […]
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