Business and Market
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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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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Cambodia’s Construction Sector Improves Ranking in Region
Cambodia’s construction sector has improved its ranking among countries in the region, with the score rated in January 2022 showing better performance. According to the GlobalData’s Construction Project Momentum Index, the construction sector in Cambodia is also seeing fewer and fewer problems, with score on the index going up from 0.47 in December 2021 to […]
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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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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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ADB Plans to Build Standardised Fishing Port in Sihanoukville
The Asian Development Bank (ADB) is helping Cambodia implement a sustainable coastal and marine fisheries project, with plans to build a new standardised fishing port in Sihanoukville. According to the meeting on Thursday 17 February, the project aims to improve fishery efficiency, strengthen waste management, and reduce the impact on marine life from fishing activities. […]
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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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Singapore Mulls Investing More in Three Major Sectors in Cambodia
Singapore’s Minister for Foreign Affairs Vivian Balakrishnan has said Singapore intends to invest more in three major high-potential sectors in Cambodia including trade, cold chain, and logistics. HE Vivian Balakrishnan cited the investment plan during the official meeting with Cambodia Prime Minister Samdech Hun Sen Wednesday 6 February, while praising Cambodia for being a country […]
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JS Land Plc Officially Becomes First Real Estate Company Listed on Cambodian Stock Exchange
JS Land PLC, Cambodia’s first real estate development firm registered on the Cambodia Securities Exchange (CSX), officially announced the sale of shares on the local stock exchange from today onwards. JS Land PLC plans to raise approximately 46 billion riels or about US$12 million, with the price starting from 1,900 riels per share. Speaking at […]
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