Cambodia’s First Exclusive Smart Villa Lifestyle

Phnom Penh City Centre was conceptualised to transform Phnom Penh’s city landscape into a modern business and leisure hub with world class infrastructure and amenities. The development will create opportunities for the growth of commerce, culture, arts, and sports. Setting a benchmark standard for future sustainable and smart developments, Residence 90 is Phnom Penh City Centre’s first project ...

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Bonna Report Shows Booming Sen Sok

Real estate development in Phnom Penh’s Sen Sok district in the capital’s northwest is booming, according to the Q3 2015 report by Bonna Realty. As the report points out, condominiums and apartments are usually built within the boundaries of the CBD and are targeted at international customers, while Borey developments tend to be outside the CBD and aimed at the Cambodian market. Given its lo...

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Cross-border Property Investment Highest Since 2008

According to CBRE, cross-border property investment in Asia accounted for 36 percent of total turnover year-to-date, showing a 36 percent quarter-on-quarter rise to $10.6 billion, the highest total recorded since 2008. Ada Choi, Senior Director, Research, CBRE Asia Pacific, commented, "the region's investment environment saw solid activity this quarter driven by renewed interest from western in...

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MIH Launches Skylar Meridian Condo

Meridian International Holding (MIH) launched construction on the Skylar Meridian Condominium project, which aims to provide a unique lifestyle in the next generation of high-end condominium developments in the capital’s downtown. Skylar Meridian, the second MIH project in the capital, is located in Tonle Bassac Commune at the heart of Phnom Penh’s diplomatic zone. The 28 floor-serviced residen...

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Creed to Launch Two More Projects

Following a strong market response from its first project, Bodaiju Residences, Japanese developer Creed Group will soon introduce two more projects targeting Cambodian buyers. Unlike the Japanese-style Bodaiju Residences condominium complex, the upcoming projects are borey-style developments, though still imbued with a modern Japanese architectural style. The second project, Borey Maha Sen S...

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What New Condominium Developers Should Know

As condominium developments mushroom across Cambodia, many existing and new property developers are finding their fortune in this small-but burgeoning and prosperous market. Despite its potential, investing in this style of multi-storey building with various owners is very risky for inexperienced and novice developers, experts warn. Industry experts spoke at a condominium development seminar...

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Asian Boom for the Philippines

The Filipino property market remains strong due to the sustained growth of the Philippines as well as the impending ASEAN integration, according to a report by Pinnacle Real Estate Consulting Services Inc. The office sector is robust due to high demand, low vacancy, increasing rents, and upcoming supply. The residential sector is seeing diversifying supply, successive sales, and expanding renta...

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Asian Floating Cities by 2020?

Floating cities may be the next big thing for ASEAN real estate according to The Seasteading Institute which is seeking a location for operation by 2020. The current economic growth in ASEAN means countries like the city-state of Singapore, or the coastal cities of Bangkok and Indonesia, could play host to the floating cities. With many Asian coastal cities threatened by rising sea levels an...

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Century Developing Philippines Super-resort

Real estate firm Century Properties Group Inc is investing over US$452 million in an integrated resort project in the Philippines. The firm has signed a deal to acquire 56 hectares of property to develop a beachfront development lifestyle destination in San Vicente, Palawan province Palawan province is well known tourist spot with island and beach resorts. It is the site of the Puerto Prince...

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Century 21 Launch New Real Estate Tools

Having already franchised 15 real estate offices in Cambodia, Century 21 Cambodia, a subsidiary of the U.S.’ largest real estate firm Century 21 has unveiled new services to help its affiliated offices, agents, and clients. Showroom Pro is one of its new core services that provides consultation on showroom setup for developers, including the training for staff and establishing sales strategies....

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