Knowledge and Key Success
EuroCham discusses ‘quality in construction’ amid booming industry
The European Chamber of Commerce in Cambodia (EuroCham Cambodia) organised a Breakfast Talk regarding quality in construction on 03 October, aiming to see how contract management helps deliver quality projects. With around 80 real estate and construction professionals attending the event, Mr Michel Cassagnes, the moderator and managing director at Archetype Cambodia said the event […]
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Real estate transactions in Cambodia remain strong
Real estate transactions in Cambodia remaining strong is best reflected by the sharp rise in property tax, according to industry expert Sorn Seap. The General Department of Taxation (GDT) has recently collected US$1,952 million in tax revenue, of which the tax on stamp duty increased by 60.18% compared to the same period last year. (Read […]
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Majority of Filipinos fear homes vulnerable to natural disasters
A survey by the Harvard Humanitarian Initiative (HHI) has shown that the majority of Filipinos have either experienced significant property damage through natural disasters or fear their properties are susceptible to them. Of the 4,368 people questioned in 2017, the survey found that around 69% across all economic groups believed their homes and communities “were […]
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The rise of international schools in Phnom Penh
By Eric Wong Chon Lap The existing number of international schools in Phnom Penh is seeing the city have one of the highest number in Southeast Asia, as there are more accredited international schools than ever before. This is in response to the rising demand from Cambodian parents who seek culturally diverse environments, and of […]
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A new era in the Phnom Penh housing market
By Eric Wong Chon Lap The condominium market in Phnom Penh has slowed recently due to the accumulation of unsold stock and surge in supply. This has caused buyers to be more careful, resulting in less demand from speculators and more emphasis on real demand from the end-users. This explains why many developers are shifting […]
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Understanding the Phnom Penh AGT development project
As Phnom Penh’s population continues to grow and the city is becoming busier, the government has been looking for solutions to overcome traffic congestion including the development of an automated guideway transit (AGT). According to a recent project review report Construction & Property Magazine received recently, the government plans to spend about US$1,843 million to […]
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Experts say Cambodia ready for high-end tourists
Experts from across the hospitality industry gathered last week to discuss investment opportunities in the tourism sector, citing that Cambodia is now ready for high-end tourists. Under the theme “Hospitality and Investment Trends in Cambodia”, the event was held on 12 September 2019 at Sofitel Phnom Penh Phokeethra and was organised by London-based real estate […]
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New seminar presents coating technology for industrial and construction
Around 70 participants attended a presentation on new technology for the industrial and construction coating products delivered by industry experts from Thailand, Malaysia and Singapore at the Great Duke Phnom Penh Hotel. On 14 September, NCS Global Coatings (Cambodia) Co., Ltd held a seminar focus on the solution to solve problem for industrial and construction […]
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World’s first space hotel to launch by 2025
The Gateway Foundation has announced plans to launch the world’s first space hotel by 2025, which will initially be able to accommodate up to 400 Astro-tourists. According to The Sun, this project is known as the Von Braun Space Station, which use the same technology as on the International Space Station (ISS). When complete, this […]
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Land ministry instructs construction owners to have inspection company
The Ministry of Land Management Urban Planning and Construction (MLMUPC) last week has informed construction owners to have an inspection company to oversee their construction projects in a move to strengthen construction safety. According to a letter dated 08 August, city and provincial governors have been requested to inform construction owners to have legal firm, […]
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