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ខ្មែរ 
Local News
Leopalace21 and Nuri Break Ground on Japanese-style Apartment
Image Pers, a Japanese luxury serviced apartment developed by Japanese real estate firm Leopalace21 will be introducing a Japanese living style to Cambodia’s growing accommodation market when construction is complete in two years. Breaking ground on 10 April, the US$15 million 14-storey fully-serviced apartment development will feature 48 units together with a wide range of amenities set on 802...
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Century 21 Ratanaka Realty Officially Opens
March 11 2015 marked the soft launch of Century 21 Ratanaka Realty, a real estate firm owned by Cambodians that serves Cambodians and applies international standards. Initiated in July 2014, Ratanaka Realty is franchised, via an agreement signed by its parent company Ratanaka Broker Group, from Century 21 Cambodia, a subsidiary of the global real estate agency Century 21. Although a newcomer...
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Phnom Penh Stars Property Performer
Knight Frank Property Indexes show strong property performance by Phnom Penh as Cambodia’s economic growth continues. Knight Frank’s Prime Asia Development Land Index reflected a generally positive land market in the region. Helped by improvements in several markets, the land price index for office sites grew 2.7% in H2 2014, faster than the 2.3% increase seen in the previous six months. The gr...
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Singaporeans Show Appetite for Condo Project
CBRE Cambodia is part of a global network of 372 CBRE offices in 44 countries which support one another with research, data and investors. However the specific collaboration between CBRE Singapore and CBRE Cambodia on the ‘AXIS Residence’ development is a testament to the changing nature and growing significance of the Cambodian real estate market in Singapore and across the Asia-Pacific Region. ...
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The Mekong Royal Opens 2nd Plan With 70% of First Project Sold
After 70% of its second plan were sold out, The Mekong Royal launched its second project in early May this year to introduce a luxury living environment to its Cambodian customers. Developed, designed, and constructed by Cambodian developer, Mekong Phnom Penh Development Corporation, The Mekong Royal’s first project is situated along National Road No. 6 in Chrouy Changvar district’s Prek Leap c...
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Sok Bon Reveals New Cvea Strategies
With less than a year before ASEAN Integration when Cambodia’s real estate industry will enter a new and uncertain phase, Sok Bun, the 4th President of the Cambodia Valuers and Estate Agents (CVEA) Association has revealed his 2-year strategy to promote the 8-year old association. His first priority is promoting CVEA’s reputation and activities through standardizing the association’s statutes a...
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The Bay? Wins 2 International Property Awards
The iconic mixed development, The Bay, has been recognized by the International Property Awards program as the best commercial development in the Asia-Pacific region in two categories; mixed-development and residential development (multiple units) for 2015-2016. This US$500 million mixed hotel-condominium project on Phnom Penh’s Chroy Changvar peninsular is being developed by Singapore-based TE...
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Condo Demand Outstrips Supply
According to data released by Century 21 and echoed by Property Report, supply is hardly keeping up with demand in the condominium real estate sector. Growing numbers of foreign businesses and international employees in Cambodia’s key cities such as Phnom Penh, Siem Reap, and Kompong Som has driven the new residential condo market with international buyers representing 80 percent of the nationa...
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Future Condo Supply Can Impact Serviced Apartment Market
The abandon of condo supply to the market in the next few years will have an impact on the nation’s serviced apartment market. While a recent CBRE Cambodia report counted a total of additional 349 serviced apartments units will serve the market by mid-2016 including the current 5,797 units, the excessive supply of hundreds condo units in the next few years to the market can attract tenants from...
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Kingdom Attracting Singapore Investors
Singapore property investors are increasingly entering the Cambodian residential market, according to Singaporean real estate experts. The first phase of the 17-storey La Vie Residences was launched in Phnom Penh in March by Singapore-based investor Yuen Development and is expected to be completed in Q1 2018. Singapore investors have also bought approximately 20 percent of the units at The S...
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