Projects Development
Cambodia to Demand Extra 1.1 Million Houses by 2030
According to the government’s 2014 National Housing Policy, by 2030 an extra of 1.1 million houses will be needed to fulfill the demand of the population. Among that, Phnom Penh alone will demand about 800,000 houses.
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Thailand Property Technology Firm Plans to Expand Business to Cambodia
A Thailand-based property technology company known as Baania is in negotiations with business partners in order to expand its business in Cambodia next year under a goal to boost revenue 50 per cent from last year,
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Asean’s Coasts Attracting Investor Interest
As ASEAN’s emerging markets experience a real estate boom fuelled largely by increasing direct foreign investment, property buyers are now looking beyond major cities to previously undeveloped coastal areas.
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The First Fairfield by Marriott Hotel in Cambodia to Break Ground in August
After signing an agreement with Marriott International in May last year, the Royal Field Development Company Limited, a subsidiary of Chip Mong Group,
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LHN to Bring 85 Soho Serviced Residence Brand to Cambodia
Well-known Singaporean real estate company LHN Group is acquiring 108 freehold condominium units in Phnom Penh for USD12.5 million with the aim to develop them into the serviced residences under the 85SOHO brand,
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Cambodia Needs 35,000 Qualified Engineers From 2018 to 2020
35,000 qualified engineering professionals are needed in Cambodia from 2018 to 2020 to fulfill the high demand of the current labor market, according to the Japan International Cooperation Agency (JICA) report.
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WB Arena to Bring Entertainment to Phnom Penh’s Riverside in November
The WorldBridge Group has invested USD10 million in a new riverside entertainment complex called WB Arena, which will be unique new attraction in Phnom Penh City.
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Biggest Street Food Centre to Open in Chrouy Changvar City This October
Chrouy Changvar City is set to welcome the biggest street food center in Phnom Penh named The Food Palace in October this year.
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The Royal Sands Koh Rong Officially Opens
Prime Minister Samdech Hun Sen on 23 April presided over the grand opening ceremony of the Royal Sands Koh Rong, the first ever five-star resort on the island namely.
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Ibis Styles Hotel to Open in Siem Reap This June
AccorHotels brand is set to open its mid-range Ibis Styles hotel in Siem Reap this June, according to the AccorHotels official website.
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