Local News
Royal Group, Singapore Developer Building Luxury Condo in Toul Kork
Photo by Hong Lai Huat Group Limited The Royal Group and Singapore-based real estate developer Hong Lai Huat Group Limited have partnered to jointly develop a 28-floor condominium in Toul Kork district. The project, named Royal Platinum Condominium, broke ground in a ceremony on Tuesday and construction is expected to be completed in 2021. The condominium will provide 851 residential unit...
Read MoreWinners Announced for PropertyGuru Cambodia Property Awards 2019
The winners for the finest real estate projects in Cambodia were announced at the Gala Dinner of the ‘4th Annual PropertyGuru Cambodia Property Awards’ held at Sofitel Phnom Penh Phokeethra on 03 May 2019. With more than 370 guests joining the award ceremony presented by American manufacturer Kohler, the night was full of excitement with close to 40 awards going out over different entries with ...
Read MoreCambodia-China Discuss Establishment of Sister City Alliance and Liaoning Industrial Park in Sihanoukville
Photo by Ministry of Commerce Representatives of Cambodia and China recently discussed establishing a Liaoning- Sihanoukville Sister City Alliance and Industrial Park, according to a recent post on the Ministry of Commerce Facebook page. During the meeting held at Sofitel Phnom Penh Phokeethra, the Secretary of the Liaoning Communist Party of China Provincial Committee Mr Chen Qiufa told H.E...
Read MoreWyndham Hotels & Resorts in Long Bay & Dara Sakor Sign Strategic Cooperation With Zhengheng (Cambodia) Co., Ltd and Trf Vacation Club
A signing ceremony was recently held at the ZhengHeng HQ between ZhengHeng (Cambodia) Co., Ltd, the leader of the Long Bay Dara Sakor Holiday and Resort Project, and TRF VACATION CLUB. The signing ceremony officially started a new chapter of win-win cooperation between the two parties. Director of ZhengHeng (Cambodia) Co., Ltd, Mr. Deng Pi Bing and the General Manager of TRF VACATION CLUB, Mr. ...
Read MoreKey Advantages to Using a Property Management Company to Manage Your Cambodian Real Estate Assets
Appointing a skilled property management company can significantly add value to your real estate portfolio while reducing the time and costs spent on having to manage the administrative, legal and technical issues associated with owning them. The recent completion of numerous real estate developments in Cambodia over the past few years has given rise to some interesting questions about how and ...
Read MoreStudy on Urbanization Master Plan in Phnom Penh’s Southern Area Starts
Phnom Penh Municipal and Paris City have teamed up to jointly conduct a study for master plan on urbanization development in southern part of Phnom Penh city focusing on public space, sanitary, environment in the city. The story project was announced in a workshop on development plan in southern area of Phnom Penh which was held on April 30. Meat Measpheakdey, spokesman at the Phnom Penh Mun...
Read MoreAffordable Housing for Garment Workers Planned
The Ministry of Labour and Vocational Training has held discussions with the private sector on the possibility of building affordable housing for garment workers and for them to pay through installments at a similar rate as they currently pay for rented accommodation. H.E Ith Samheng, Minister of Labour and Vocational Training said the ministry is seeking private sector support to invest in bui...
Read MoreCambodia’s First Real Estate Decennium Report Launched
After collecting and compiling data for many years, Vtrust Appraisal Cambodia has launched a major report online entitled ‘Phnom Penh Sector 2030s: Ten Predictions for Real Estate’. To learn more about the report, Construction & Property Magazine met with Mr Hoem Seiha, Research Director for Vtrust Appraisal Cambodia. What is ‘Phnom Penh Sector 2030s: Ten Predictions for Real Estate’? T...
Read MoreChinese Firm Plans for 200 Megawatts Solar Power
Photo by Global Business Insight Chinese electricity investment company plans to invest in 200 megawatts solar power plant, according to the result of a meeting between Prime Minister Samdach Techo Hun Sen and the company’s representative in China. According to Samdach Hun Sen’s Facebook Post on 28 April, representative of China Huaneng Group, which has previously invested in the Lower Sesan...
Read MoreJapan to Construct US$25 Million Water Treatment Facility in Choeung Ek
Photo by pixabay.com The government of Japan, through the Japan International Cooperation Agency (JICA), has decided to help a construct water treatment facility for Cambodia in the southern part of Phnom Penh, as a result of a 24 April meeting. According to a Facebook post from Phnom Penh City Hall, the meeting between Phnom Penh Governor H.E Khoung Sreng and representatives of JICA, “decid...
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