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ខ្មែរ Local News
Cambodia’s Retail Market: a Competitive Frontline
- 30 March 2017
Cambodia is seen as one the most dynamic and attractive retail markets in South East Asia thanks to strong economic growth and a rising middle class. Over the last year domestic retailers have been facing growing pressure from an increasing number of foreign competitors. The retail market in Cambodia has recently seen a wave of foreign investors from China and Japan, with possibly more from Mal...
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Casa Meridian Launches Lease-to-own Deal
- 30 March 2017
In line with the maturing market and the need to attract new kinds of investors, the luxury Casa by Meridian condominium has launched a lease-to-own initiative for the first time in Cambodia. The lease-to-own plan allows a person, family or business to lease a space first for three years and enjoy growing their family or business from there. After the three years, they can exercise the option t...
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Bamboo Celebrated at Local Festival
- 20 March 2017
The inaugural CAMBOO Festival will be hosted in Phnom Penh’s Freedom Park in March where six of the kingdom’s architecture and engineering universities will compete. Organised by Building Trust International, the festival will showcase the most ingenious uses of bamboo in passive, sustainable design and architecture. Building Trust is also running a design challenge for a bamboo pavilion tha...
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D.i. Riviera’s Two Towers to Open in 2017
- 10 March 2017
Rising over the three rivers at the northern edge of Phnom Penh’s Diamond Island, two of the five D.I.Riviera Condominium towers are scheduled to open in late 2017. Located at Diamond Island of Phnom Penh’s Tonle Bassac, Diamond Island Riviera features five towers: The 33-floor Towers A and B, and the 42-floor Towers C, D, and E that will jointly carry the ship-like sky park. The 5-hectare comp...
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Chinese Outbound Investment Hits New Heights
- 9 March 2017
Chinese outbound capital flow into global real estate set a new record in 2016 with USD33 billion in overseas commercial and residential property investment. This represents an increase of nearly 53 percent year-on-year. 90 percent of all Chinese outbound investment in real estate went into land, offices and hotels over the past three years but 2016 saw significant increases in the hotel and in...
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11 shortlisted developers are vying for Cambodia Property Awards 2017
- 9 March 2017
Former Winners and new entrants go head-to-head in the country’s biggest annual real estate event Master developer Shukaku leads the race with a total of 5 nominations Support from various sectors have poured in, including top business associations and media outfits More than 300 guests are expected to attend the 24 March gala at Sofitel Phnom Penh Phokeethra PHNOM PENH, Cambodia – 2...
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Hypotec in Cambodia Under the Civil Code
- 4 March 2017
Under the Civil Code of the Kingdom of Cambodia, a hypothec, a mortgage under Cambodian law, is created through an agreement reached between a creditor and a debtor or a third party that provides immovable property as security for an obligation. A hypothee shall have the right to receive the performance of his or her claim prior to other junior creditors from the sale of the immovable property tha...
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Investors Eye Danang
- 6 February 2017
With Vietnam’s real estate sector booming, investors are increasingly looking to central Vietnam and Danang for new opportunities. Danang recently came top of the PCI (Provincial Competitiveness Index) out of the 63 provinces in Vietnam for creating favourable conditions for private sector development. Regional investors from Hong Kong, Singapore, Korea and Japan are all buying property in t...
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Shanghai Tower Named Best Tall Building Worldwide
- 6 February 2017
The Council on Tall Buildings and Urban Habitat (CTBUH) named the Shanghai Tower in China the "Best Tall Building Worldwide" in November. The iconic new landmark was chosen as winner out of 132 entries from 27 countries worldwide after a selection process that lasted a whole year. The tallest building in China was chosen by the prestigious independent jury partly for its innovative design ba...
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Listing on the Cambodia Stock Exchange
- 4 February 2017
The Cambodia Stock Exchange (CSX) is one of the youngest and smallest stock exchanges in the world. The shares of four companies are currently traded on the exchange. The first company to list on CSX was Phnom Penh Water Supply which made its debut on the bourse on 18 April 2012. Since then there have been three additional listings—garment maker Grand Twins International, the Phnom Penh Autonomous...
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