Local News
FDI Encouraged By Foreign Property Ownership Allowances
Foreign direct investment (FDI) is luring a new breed of foreigners to Cambodia, and the region more generally. With foreigners comes an increase in demand for property,
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Home Loan Or Housing Loan?
Housing loan and home loan are terms often synonymously used by banks. Canadia Bank Plc, however, has distinguished them clearly.
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Central Mansions Taps Into Colonial Charm
After a large-scale refurbishment, the rebranded Central Mansions serviced apartment has fully launched operations. It offers residents a range of modern amenities in a building that recalls the Kingdom’s colonial era.
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Cbre Cambodia Appointed Marketing Agen for Exchange Square
A signing ceremony was held on 4 September 2015 to mark the appointment of CBRE as Hongkong Land’s Sole Coordinating Agent for Marketing Services in respect of leasing commercial office and retail space at Exchange Square in Phnom Penh, Cambodia.
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Local and Foreign Investors Form Property Joint
Realizing the demand for grade-A office space was outstripping supply, a group of local and foreign investors have a joint-venture called Kingdom Luxury Development Co. The goal is to build a new grade-A tower in Phnom Penh.
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VTRUST Releases Capital’s First Land Price Survey
Many property firms in Cambodia have had to use their own land price evaluations due to the fact that no recognized, accurate data on prices existed before.
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Property In Brief
While the 2007-2008 economic downturn signaled a downturn in condominium developments in the Cambodian capital, the trend has been reversed, according to a report by CBRE Cambodia Research. Confidence in the viability of condo developments is growing,
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Property In Brief
The number of foreigners purchasing condominium units so far this year has increased between 10 and 15% over the same period last year, according to the research department of Bonna Realty Group. Foreigners have purchased about 1,200 condominium units so far in 2014,
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Buying Co-owned Properties
Living in a co-owned building or housing bloc (borey) is becoming more popular as Cambodians seek a modern lifestyle, but if property buyers don’t purchase smartly, they may face significant risk.
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Expat Serving Expats
Thanks to the thriving economy, many expats are now coming to Cambodia and observers predict more will come after ASEAN Integration in 2015. Anna Araki,
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