Property Focus
Current Status & Future Projection of Real Estate Market in Flood Prone Region of South Phnom Penh
Before October 2020, Mrs Si Chantha made a reasonable income by selling coffee and drinks in front of her house in a large borey around the Kuor Srov roundabout, in south Phnom Penh. Mrs Chantha could do so well thanks to many residents having moved into thousands of houses in the newly-built borey. However, her […]
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Land Ministry Issues New Guidelines to Tighten State Land Demarcation, Ownership Transfers, and Leasing
The Ministry of Land Management, Urban Planning, and Construction issued four new guidelines on 18 January tightening the procedures for state land demarcation, ownership transfers, and leasing. The introduction of these new policies is to avoid continuous issues such as the transferring or leasing state land to the private sector without verification from the cadastral […]
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Bidding for Yangon Industrial Zone Heats Up in Myanmar
The Ministry of Investment and Foreign Economic Relations in Myanmar has announced that 16 expressions of interest had been received from firms in nine countries, including Japan, Singapore, Italy, Spain and France, in response to opening the project to competitive bidding. The initial US$1.5bn plan to develop the west bank of the Yangon River was […]
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Indonesia Announces Multi-Billion Dollar PPP Infrastructure Investment
The Indonesian government has announced the commencement of seven major infrastructure public-private projects (PPP) worth US$5.4 billion to help the nation attract more fresh private investment in early 2021. Eko “Heri” Djoeli Heripoerwanto, director-general of infrastructure financing at PUPR said in a press conference that, “In 2021, we will start the procurement process for six […]
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Q4 Real Estate Market Update: Where are we in the Market Circle?
The real estate market in Q4 2020 remained under pressure from the COVID-19 pandemic, of which retail is the most affected, followed by the office and condominium sectors. Meanwhile, the land and Borey sectors tended to stay robust thanks to the strong financial position and high confidence of the local developers, as well as the […]
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Two Renowned Hospitality Groups Form Partnership to Upgrade Services in Flatiron Building
Renowned hospitality group Meridian International Holding has recently formed a partnership with a giant local hospitality firm Thalias Hospitality Group, to enhance the services in the awarding-winning development – Flatiron by Meridian. According to a company announcement, the new partnership will allow Thalias Hospitality Group to manage the F&B segment in the Flatiron Building. The […]
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Borey Chea Ry to Launch New Hybrid Villa with Special Discount
Borey Chea Ry will launch a new type of hybrid Villa on 17 January at Borey Chea Ry Sales Office with a special discount. Customers who join the event and book a unit on that day will receive many gifts plus a 10% discount. Located in The Chom Chao 2 project, the hybrid villa is […]
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Chip Mong Land to Officially Launch the Parkland 6A project on 22 January
Chip Mong Land will officially launch its Parkland 6A inclusive resident project in Chroy Changva district on 22 January, with the ceremony being held at the actual project site located along National Road 6A, Sangkat Prek Leap, Khan Chroy Changvar. At a press conference on 15 January 2021, CEO of Chip Mong Land Oknha Leang […]
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Gov’t Threatens to Revoke License from Mondulkiri Mine Site if No Gold in 2021
The Minister of Mines and Energy HE Suy Sem has recently warned Rong Cheng Industrial Investment Cambodia Co., Ltd that if no gold os extracted from the Mondulkiri mining site by the end of this year, the government may revoke their business license. According to the Ministry of Information, HE Suy Sem said on 12 […]
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U.S. Real Estate Investment Opportunity for International Buyers
Golden Gate Global, an award-winning real estate investment firm headquartered in San Francisco, CA, is pleased to announce the offering of a brand new opportunity, facilitating U.S. real estate purchases for international buyers across 75 of the most attractive U.S. markets. According to Steven Kay, Founder and Co-CEO of Golden Gate Global, “In conjunction with […]
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