Local News
Royal Group, Leading Singapore Firm Join for Mixed-use Development
Singapore property developer Hong Lai Huat signed a memorandum of understanding (MOU) with Cambodia’s largest conglomerate The Royal Group on 13 August to jointly develop a mixed-use development in Phnom Penh,
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Triumph Commercial Centre Opens Sales Office
The sales offce for the Triumph Commercial Centre (TCC) located in Boeng Salang Village, Sangkat Russey Keo, Russey Keo District, Phnom Penh officially opened on August 12, 2018.
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Glory Flame Holdings plans construction and real estate expansion into Cambodia
Sample project plan of Glory Flame Hong Kong-based construction company, Glory Flame Holdings Limited, is seeking opportunities to expand into Cambodia, according to its interim results report dated 10 August 2018 for the six months to 31 June 2018. After incorporating indirectly with two wholly-owned subsidiaries, namely, W.A.N.K.E. Investment Co., Ltd and Chiuwai Construction Co., […]
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Poipet Sees Green Light for Us$68 Million Investment Projects
On 10 August, 2018, the Council for the Development of Cambodia (CDC) gave the green light to Boonma Heng Co., Ltd. to build a four-star hotel and a supermarket at a cost of US$68.29 million in Poipet City,
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Phnom Penh Office Market Remains Robust in Q2
Despite the decrease in total supply by 3.3 percent in Q2, the Phnom Penh office market remained robust with an overall occupancy rate of 87.7% - a 5% increase from Q1 - according to a report by CBRE Cambodia.
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Kampot deep seaport plans put China’s rising role in perspective
Sihanoukville Autonomous Port The construction of a new deepwater seaport in Kampot is currently undergoing a feasibility study, following the agreement signing ceremony between a Cambodian company and a Chinese firm in April this year. The new deep water seaport is a cooperation between China’s Guangxi Beibu Gulf International Port Group and the well-known Try […]
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Will the Construction and Property Sectors Slow in the Next Five Years?
As thereal estate industry booms and development projects continuing to rise throughout the country, especially in Phnom Penh
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Phnom Penh’s Evolving Retail Establishments
With an official population of close to 2 million and a growing middle class, coupled with economic growth and changing consumer behaviors, Phnom Penh’s retail property market has been very dynamic over the past five years.
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Strata Title Office and Residential Condominium Investments
In Cambodia, the idea of Strata-title office buildings where individual units is being sold has not been favoured by end-users or investors.
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CBRE: Phnom Penh Retail Supply Increases by 43% in Q2 2018
Retail real estate supply in Phnom Penh was recorded to have risen by 43% in Q2 of 2018 compared to Q1, according to the latest report by CBRE Cambodia.
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