Business and Market
Q4 Real Estate Market Update: Where are we in the Market Circle?
The real estate market in Q4 2020 remained under pressure from the COVID-19 pandemic, of which retail is the most affected, followed by the office and condominium sectors. Meanwhile, the land and Borey sectors tended to stay robust thanks to the strong financial position and high confidence of the local developers, as well as the […]
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Chip Mong Land to Officially Launch the Parkland 6A project on 22 January
Chip Mong Land will officially launch its Parkland 6A inclusive resident project in Chroy Changva district on 22 January, with the ceremony being held at the actual project site located along National Road 6A, Sangkat Prek Leap, Khan Chroy Changvar. At a press conference on 15 January 2021, CEO of Chip Mong Land Oknha Leang […]
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Gov’t Threatens to Revoke License from Mondulkiri Mine Site if No Gold in 2021
The Minister of Mines and Energy HE Suy Sem has recently warned Rong Cheng Industrial Investment Cambodia Co., Ltd that if no gold os extracted from the Mondulkiri mining site by the end of this year, the government may revoke their business license. According to the Ministry of Information, HE Suy Sem said on 12 […]
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U.S. Real Estate Investment Opportunity for International Buyers
Golden Gate Global, an award-winning real estate investment firm headquartered in San Francisco, CA, is pleased to announce the offering of a brand new opportunity, facilitating U.S. real estate purchases for international buyers across 75 of the most attractive U.S. markets. According to Steven Kay, Founder and Co-CEO of Golden Gate Global, “In conjunction with […]
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Chip Mong Land Vows to Transform Chroy Changva into a New Civilized City
Chip Mong Land, one of the Cambodia’s leading real estate developers, has vowed to transform Chroy Changva district, especially the area along National Road 6A, into a new civilized city, with their Park Land 6A development. With extensive development experience, Chip Mong Land has always and will continue to provide clients with high-quality housing projects […]
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What Types of Investors are You, and What Property Investment Bests Fits Your Trait?
Given the economic downturn caused by the pandemic, even if you have plenty of cash on hand, you also need to be very cautious when it comes to investing in real estate. Founder and Director of Key Real Estate and well-known real estate expert in Cambodia Mr Sorn Seap pointed out that you need to […]
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Real Estate Price in Recent Flood-Affected Areas to Decline Sharply for Two Years, says Expert
A local real estate expert has said that the price and the sale and purchase transactions of real estate projects in the south of Phnom Penh, which were hit hard by floods in October last year, will drop significantly for at least one or two years. However, it is expected to recover after the government […]
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CBRE: Cambodia’s Real Estate Market to Recover by 60% in 2021, but Lower Than 2019 Baseline
Managing Director of CBRE Cambodia Ann Sothida predicted that Cambodia’s real estate market will improve by 60% in 2021 compared to 2020 but is expected to be lower than the 2019 baseline. Ms Sothida told Construction & Property Magazine on 08 January that 2021 will be a better year but not as good as it […]
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Expert Predicts Two High Potential Provinces for Resort Investment in 2021
A local real estate expert expects that Kompot and Kep will become high potential investment destinations, especially for resort development in 2021 or after the pandemic ends, as those provinces have been strongly attracting more and more local visitors. Mr Sorn Seap, Founder and Director of Key Real Estate Co., Ltd., told Construction & Property […]
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Khmer-owned Tech Firm Vows to Promote IoT and Smart Technology in Cambodia’s Construction Sector
Khmer-owned system integrator trading firm S Era Automation has vowed to promote and integrate IoT and smart technology into Cambodia’s construction sector by continuously educating the market on how to effectively utilise these technologies. Though the construction sector in Cambodia has been growing significantly, smart technology is still limited compared to neighbouring countries such as […]
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