Local News
Government Announces Water Taxi Service
In an effort to provide alternative transport routes to overcome the capital’s traffic congestion and provide improved links between the capitals suburban areas, the government has announced plans to launch a water taxi service.
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White Building Residents Hold Out for Cash
Many residents in Phnom Penh’s dilapidated White Building appear eager to sell their properties for cash rather than wait for the land to be redeveloped despite the advice of the Ministry of Land Management,
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Real Estate Investment Incentives in Cambodia
Investing in Cambodia offers some of the most attractive incentives in the region. However, only projects over a certain size can apply for Qualified Investment Project (QIP) incentives.
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VTRUST Tower Opens to Tenants
VTRUST Tower, a 15-storey office building with about 18,000 square metres of high-end leasable area has opened for occupation.
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Phnom Penh’s High-end Condominium Market STRUGGLES
High-end condominiums are rapidly rising in the premium areas of Phnom Penh, among which the most popular are Boeung Keng Kang 1 and Diamond Island.
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Cambodia’s Retail Market: a Competitive Frontline
Cambodia is seen as one the most dynamic and attractive retail markets in South East Asia thanks to strong economic growth and a rising middle class.
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Casa Meridian Launches Lease-to-own Deal
In line with the maturing market and the need to attract new kinds of investors, the luxury Casa by Meridian condominium has launched a lease-to-own initiative for the first time in Cambodia.
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Bamboo Celebrated at Local Festival
The inaugural CAMBOO Festival will be hosted in Phnom Penh’s Freedom Park in March where six of the kingdom’s architecture and engineering universities will compete.
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D.i. Riviera’s Two Towers to Open in 2017
Rising over the three rivers at the northern edge of Phnom Penh’s Diamond Island, two of the five D.I.Riviera Condominium towers are scheduled to open in late 2017.
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Chinese Outbound Investment Hits New Heights
Chinese outbound capital flow into global real estate set a new record in 2016 with USD33 billion in overseas commercial and residential property investment.
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