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ខ្មែរ 
Local News
Creating a Motivating and Conducive Work Environment
The Phnom Penh office market currently enjoys modest levels of occupancy rates. As the market anticipates a significant amount of future supply, tenants requiring large spaces will have plenty of choices. However, choosing the right office location with productive work spaces is crucial to the success of any business. Robust future supply means tenants are given more options for their office lo...
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Toul Kork Set for the Parkway in 2020
The Toul Kork skyline is set for a major change when it welcomes ‘The Parkway’ in 2020, claimed by the developers to be the first-ever mix of Cambodian architecture and modern style condominiums. A joint venture between locally-owned Parkway Investment Co., Ltd and Chinese-owned Nantong City Daxin Engineering (Cambodia) Co., Ltd, the 1,500-unit landmark development is to be built on a 17,000 sq...
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17 Awards Presented at 2nd Cambodia Property Awards
A total of 17 awards were presented to the nation’s outstanding property developments at the 2nd Cambodia Property Awards hosted on 24 March at Sofitel Phom Penh Phokeethra Hotel attended by some 300 industry guests. Among the iconic property developments located in Phnom Penh, Siem Reap and Sihanoukville, last year’s champion Borey Peng Huoth Group, developer of the acclaimed residential proje...
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Condominiums: Two Things to Be Reviewed Before Purchasing or Selling Units
Before deciding to purchase a unit located within a condominium, any potential buyer will have to consider various factors, such as the location of the condominium, the description and quality of the materials used, the size and price of the unit, the identity and experience of the developer, and the construction insurance policy.Two others factors, often forgotten, must be reviewed as they can ha...
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What Is Missing in Phnom Penh’s CDB?
Phnom Penh offers ample choices of restaurants, but when it comes to authentic restaurants with quality food in the Central Business District (CBD), very few meet the requirements of good ambience, tasteful décor, five-star service and good parking space. Those that do without being unreasonably expensive attract significant business. In the daytime, the areas around Wat Phnom are the hub of Ph...
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Olympia City Offers 95% Loans for 25 Years
To help facilitate buyers to acquire their dream homes at the centrally-located Olympia City, the developer is now offering loans of up to 95 percent of the property price with payment terms of up to 25 years. Developed by Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer which is behind dozens of property developments, the Olympia City development is being financed...
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Wealthy Cambodian Buyers Investing in Australian Properties
Australia has long been a destination of choice for property investors looking for overseas investments. The lifestyle, language, healthcare services and educational opportunities reinforces the country’s position as a world-class destination for investors. It has always been viewed as a safe haven with a strong and established legal structure, asset protection and multi-cultural society. “Cambodi...
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Cambodia Architect & Decor 2017 Expo Brings the Best of International Design to Cambodia
For its 2nd edition from June 8th to 10th, Cambodia Architect & Decor will welcome 150 local and international brands to showcase their latest innovations, seek new opportunities and exchange on the growing importance of design in Cambodia’s booming construction market. The event will also host an educational seminar, a student design competition and a networking architect dinner, in additi...
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Capital controls bind Chinese project
China’s increasingly strict capital controls are beginning to impact projects in Cambodia including a proposed USD3 billion tourism development in Preah Sihanouk province. Hong Kong-based Guangzhou R&F Properties first announced the coastal hotel project to great fanfare in January 2017. Its founder Zhang Li has now reportedly requested approval from the Chinese government to move the cash ...
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Transmission line contract awarded
The contract to build a second transmission line to connect the Stung Tatai hydropower dam in Koh Kong province to Phnom Penh has been awarded to a Malaysian-owned company. Pestech (Cambodia) Ltd will construct the 220km line which will have a capacity of 230 kilovolts with the project valued at USD100 million. Pestech will undertake all of the design, engineering and construction on behalf of ...
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