Business and Market
Experts: Property Market Might Not Recover in 2021; Expected to Grow Fast in 2022
By the end of 2020, many analysts predicted that the real estate market would recover in 2021. However, due to the recent COVID community outbreak, the growth forecast has been changed to 2022 at the earliest. Chairman of the Board of Directors of CVEA and CEO of Realtor 168 Co., Ltd Lim Socheat said that […]
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Home improvement retail brands look to gain a foothold in Cambodia
With the increasing disposable income, rising consumer spending, remodel and renovation of homes; the rapid rate of urbanization of Phnom Penh, and the increasing middle-class population, these major drivers are increasing the number of new and existing home sales and home improvement businesses in Cambodia. In addition, cost control, innovation in products, better logistics, and […]
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Experts Share 6 Key Adaption Strategies to Survive While Waiting for Property Market Recovery
Local analysts are optimistic that the real estate market and the economy as a whole, could recover in early 2022 after the COVID-19 pandemic subsides. However, from now to early 2022 is quite a long time to survive especially for businesses that are highly affected by the pandemic. Besides, the beginning of 2022 is only […]
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Singaporean Firm PropNex Enters Cambodia Property Market with Over 500 Sales Agents
Singapore’s largest listed real estate agency PropNex has expanded its business into the Cambodian market with a headquarters in Phnom Penh and office branches in Siem Reap and Sihanoukville, according to the firm’s press release on 19 May. The expansion will add over 500 sale agents in Cambodia and bring up the total agents of […]
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KRock Brings the First Khmer Tile Design to the International Stage
Over the past seven years, leading Cambodian roof tile manufacturing firm KRock has been working non-stop to design, enhance, and modernise ordinary Khmer tiles into a standardised tile with intellectual property rights registered in over 10 countries. According to KRock Manufacturing Co., Ltd owner Oknha Ly Chhuong, the ultimate goal of his firm is to […]
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Luxurious Beachfront Living on a Whole New Level with Lennar
Golden Gate Global works closely with Lennar International to offer international real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in Harbor […]
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Cambodia &ASEAN Pledge to Enhance Regional Transportation Infrastructure
Cambodia and other ASEAN member states have committed to improving regional infrastructure, especially border gates, to facilitate cross-border goods transportation as the sector has been hit hard by the COVID-19 pandemic, according to the 40th Asean Transport Facilitation Working Group Meeting in March . During the meeting, the Ministry of Public Works and Transport of […]
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Singapore Pledges to Continue Cooperation on Enhancing Logistics System in Cambodia
Cambodia and Singapore have committed to expanding cooperation on logistic infrastructure system, to help Cambodia become one of the most competitive trade centres in the region. The commitment was made during an official meeting between Minister of Public Works and Transport HE Sun Chanthol and new Singapore Ambassador Cambodia HE Teo Lay Cheng on 11 […]
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‘Cloud Kitchen’ a Future Trend & New Business Opportunity for Cambodia, say Experts
Real estate experts have forecast that the ‘Cloud Kitchen’ business model will become a future trend and potential investment opportunity in Cambodia, especially given recent lockdowns and the surge in COVID community outbreaks. The topic was discussed at a joint online conference between Pointer CEO Nguon Chhayleang and International Property Advisor (Singapore) Ku Swee Yong […]
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Redesigning Retail Space to Ease Delivery Service Key to Catching Up with Online Shopping Trend
The retail sector in Cambodia should consider redesigning its space and business model to catch up with the recent boom in online shopping and delivery services, say property experts. According to the CEO of International Property Advisor (Singapore) Ku Swee Yong in a webinar organised by Pointer on Saturday, the necessity to go to shopping […]
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