Local News
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. There were almost no new launches taking place in Phnom Penh until recently. However, the residential condominium market in Phnom Penh has expanded rapidly over the period. Strata offices make up only a very small percentage of the total of Phnom Penh’s mo...
Read MoreCBRE: Phnom Penh Retail Supply Increases by 43% in Q2 2018
Naro Mall 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. During this quarter, three retail complexes have been completed and opened their doors to the public including the second Aeon Mall Sen Sok, Prince Central Plaza and The Park. Among them, AEON Mall Sen Sok alone has added approxima...
Read MoreStrong Growth in Construction Project Driven by Residential Construction
Residential construction accounted for more than 80% of the total construction projects in the first half of 2018, according to the semi-annual report from National Bank of Cambodia (NBC). In the first six months of 2018, construction projects totaled to1, 742 projects, an increase of 14% compared to the same period last year. Among the total projects, residential construction contributed 85.25...
Read Moreកូរ៉េដាក់បង្ហាញនូវកាមេរ៉ាសុវត្ថិភាព CCTV និងបច្ចេកវិទ្យាគ្រប់គ្រងចំណតថ្មីបំផុតនៅកម្ពុជា
នៅក្នុងពិភពបច្ចេកវិទ្យានាសតវត្សទី២១ទៅហើយ ហេតុអ្វីត្រូវប្រើមនុស្សដើម្បីគ្រប់គ្រងប្រព័ន្ធសន្តិសុខ និងប្រព័ន្ធចំណតទៀតនោះ? វាដល់ពេលហើយដែលត្រូវឈប់ប្រើប្រព័ន្ធគ្រប់គ្រងចំណតបែបចាស់ដែលប្រើបុគ្គលិកជាច្រើនឲ្យឈរនៅច្រកទ្វាររង់ចាំផ្តល់សំបុត្រទៅឲ្យគ្រប់យានយន្តដែលចូលក្នុងអគារ។ ប្រព័ន្ធគ្រប់គ្រងចំណតអាចមានភាពងាយស្រួលជាងមុនច្រើន តាមរយៈការប្រើប្រាស់ប្រព័ន្ធគ្រប់គ្រងស្វ័យប្រវត្តិឆ្លាតវៃ ដែលដំណើរការដោយមិនចាំបាច់ប្រ...
Read MoreA Brief Introduction to REITs and Their Future in Cambodia
AREIT, or real estate investment trust, is a closed-end investment entity that invests in the income-producing real estate. The concept of the REIT was born in the US in 1960 with legislation that was intended to provide investors the opportunity to invest in diversified real estate portfolios the same way they would invest in other liquid securities such as mutual funds and reformed in 1976when R...
Read MoreDeal Signed for the City Gate Commercial Complex
The long-awaited deal between Cambodia and China for “The City Gate” mega commercial complex has been officially signed, according to the press release. The Phnom Penh Autonomous Port (PPAP) announced on 19 July, 2018 that it has leased out nine hectares of its land from Chroy Changvar Bridge to the Night Market along the Tonle Sap River to Chinese real estate developer, Chean Chhoeng Thai Grou...
Read MoreChinese Developer Announces 10 Year, Us$6bn Master Plan in Cambodia
One of Prince Real Estate Group in Cambodia China-based property developer Prince Real Estate Group (Cambodia) recently revealed their 10 year master plan in Cambodia with an injection at least US$6 billion investment to create the largest Central Business District (CBD) in Phnom Penh as well as other provinces across the kingdom. According to a video interview with RealEstate.com.kh, Mr Li ...
Read MoreCBRE: Supply of Condominiums in Phnom Penh Increased by 20%
A new report by real estate agent CBRE Cambodia has shown that the supply of condominiums in Phnom Penh increased by 20% quarter-on-quarter(q-o-q) in the course of Q2 of 2018, making a total supply of condominiums in the capital of 11,830 units. “Cambodia Phnom Penh Marketview for Q2 2018” revealed that in the second quarter of 2018, around 2,000 condominium units were completed with five new p...
Read MoreTax Collection Exceeds Target on Construction and Real Estate
Tax collection in the first six months of 2018 has reached 61.28% of the yearly plan with construction and property taxes having a sharp increase, according to H.E. Kong Vibol, a Delegate of the Royal Government in charge as Director-General of the General Department of Taxation (GDT). In a special interview programme with reporters, H.E Kong Vibol said that among the total tax revenue of more ...
Read MoreSales Launched for Kandal Province Affordable Housing Project
Borey Monorom Preaek Ta Teaen B&BM Development Co, Ltd launched official sales for their affordable housing project Borey Sen Monorom in Kandal province on 12 July. Located along National Road No. 5 (22km from Wat Phnom) in Preaek Ta Teaen Commune of Kandal province, the project comprises of more than 5,000 housing units which are being built on approximately 82 hectares of land. The pro...
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