English 
ខ្មែរ Local News
Wealthy Cambodian Buyers Investing in Australian Properties
- 30 May 2017
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...
Read More
Cambodia Architect & Decor 2017 Expo Brings the Best of International Design to Cambodia
- 30 May 2017
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...
Read More
Capital controls bind Chinese project
- 23 May 2017
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 ...
Read More
Transmission line contract awarded
- 23 May 2017
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 ...
Read More
Cambodia Property Awards 2017 Winners Focus on Expertly Planned Developments
- 1 April 2017
Prestigious awards programme celebrated the innovations of Cambodia’s fast-growing property sector PHNOM PENH, Cambodia – 24 March 2017 Cambodia’s most outstanding real estate developers were honoured at the second annual PropertyGuru Cambodia Property Awards during an evening of celebrations, dining and networking with more than 300 guests at the Sofitel Phnom Penh Phokeethra. Last year’...
Read More
Government Announces Water Taxi Service
- 30 March 2017
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. At the recent IBC Business Summit, Minster of Public Works and Transport and Senior Minister Sun Chantol told key business leaders that the government needed to utilise...
Read More
White Building Residents Hold Out for Cash
- 30 March 2017
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, Urban Planning and Construction (MLMUPC). After years of rumours surrounding the iconic property, the MLMUPC announced in October 2015 that it planned to work with a developer to build a 21...
Read More
Real Estate Investment Incentives in Cambodia
- 30 March 2017
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. A Qualified Investment Project (QIP) is an investment project that has received a final registration certificate. To be admitted as a QIP, the investor has to first register the investment project with the Coun...
Read More
VTRUST Tower Opens to Tenants
- 30 March 2017
VTRUST Tower, a 15-storey office building with about 18,000 square metres of high-end leasable area has opened for occupation. Officially launched on 17 February, the uniquely-designed building dedicated to high grade office space is located along Czech Republic Blvd within Phnom Penh’s bustling commercial hub. It has been developed and is operated by VTRUST Group, one of Cambodia’s leading fac...
Read More
Phnom Penh’s High-end Condominium Market STRUGGLES
- 30 March 2017
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. This trend has however resulted in a split property market and while Phnom Penh’s low-end condominium market remains bullish, the high-end market is struggling amid the risk of oversupply. For property developers, it is right to say that by shif...
Read More