Local News
Book and Move Into Olympia City With a 6.5% Interest Rate for 25 Years
To help facilitate buyers to acquire their dream home at the centrally-located Olympia City, the developer is now offering an interest rate of 6.5 percent per year of the property price with payment terms extendable for loan up to 25 years. Developed by Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer behind dozens of property developments, the Olympia City develop...
Read MoreHigh-rise Sky31 Building Construction Over
After only two year construction, the newly skyscraper Sky31 condominium with USD90M capital investment in Toul Kok developed by Asia Continent Development Co., Ltd has currently announced its lucratively high-end residential condominium construction end. …….(the full text coming soon)……..
Read MoreMore Could Be Done to Benefit Developments Along the Riverside
For developers, Phnom Penh’s riverside area is a hotspot with a significant number of new residential and projects. This has proven the popularity of riverfront developments among Cambodian and foreign buyers alike. There has been growing interest in Phnom Penh’s riverside locations, particularly for residential condominium units and shophouses. “Properties along the riverside are good for inve...
Read MoreThe Gateway to Open for Business in Late 2019
Located along Russian Boulevard in the newly expanding Central Business District, the Gateway Cambodia is expected to complete construction work by December 2019, with the mixed-use residential and business facility open for business soon after. The development is a joint venture by Tiong Aik Corporation Singapore (TA Corporation Ltd.) which has a track record of over 40 years’ experience in th...
Read MoreSihanoukville to Be a Sister City in China
Chengtu governor of Sichuan province in China has scheduled for signing MOU over Sister City with Sihnoukville governor in the near future. According to Cambodian Ministry of Tourism announced early this month. …….(The full text coming soon)…..
Read MoreThe Different Forms of Rent Applicable to Commercial Leases in Cambodia
The commercial real estate market has growth significantly in recent years with the development of various commercial premises and the introduction or planned introduction of many international brands such as Shangri-La, Rosewood Hotels, Nike, Starbucks, Krispy Kreme, and Carl’s Jr. In this respect, it should be mentioned that there is no specific regulations covering commercial leases in Cambo...
Read MoreMLMUPC Warn to Buy Lands From Allotment Companies While Lawless Constitutes
Phnom Penh:... (Sorry, text coming soon)
Read MoreSiem Reap’s Largest Mall to Open in 2018
Siem Reap’s largest mall and entertainment centre is set to open on a 1-hectare site in the centre of the city in 2018. The Heritage Walk is 40,000 square metre multi-storey development located on National Road No.6 that will feature covered and open-air retail space with 100 shops, restaurants, coffee shops and a cinema. The facility is expected to become a popular tourist attraction with loca...
Read MoreNation’s Biggest Sez Set to Expand
The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road ini...
Read MoreHow to Choose an Office Space
When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the ...
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