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ខ្មែរ Property Focus
Real Estate Veteran Richard W. Davidson Appointed Century 21 Cambodia’s Chairman
- 19 November 2020
Signalling its desire to be the number one company in the Kingdom of Cambodia and throughout Southeast Asia, the Board of Directors of CENTURY 21 Cambodia has recently announced that it has named Richard W. Davidson its new Chairman. Davidson, the former president and chief executive officer of the global franchisor Century 21 Real Estate LLC, is responsible for developing and implementing a st...
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Gov’t Allows Reopening of Schools, Stadium, and Other Entertainment Venues
- 19 November 2020
The Cambodian government has recently announced the reopening of schools, stadiums, museums, and other entertainment venues including wedding parties, but with stricter precautionary measures. According to a special audio message from Prime Minister Samdech Hun Sen, released by Fresh News on 18 November, the reopening of the above-mentioned venues aims to boost the economy after a two-week clos...
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Mortgage Loans in Cambodia Reach US$4.6 billion as of Q3 2020
- 16 November 2020
According to the third-quarter report of the Credit Bureau of Cambodia (CBC), loans in the real estate sector reached US$4.6 billion by the end of September 2020, a significant increase from US$3.9 billion at the end of 2019. This demonstrates that the demand for residential and real estate in Cambodia continues to grow in 2020, despite the spread of COVID-19 pandemic, which has negatively affe...
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Which Real Estate Investment More Profitable Than Condos?
- 14 November 2020
Real estate expert revealed that investing in the strata-title office is another new investment opportunity, which can be more profitable than investing in a condominium. The strata-title office is a new type of real estate where individuals or companies can purchase office units in high-rise buildings, just like buying a condo. Pointer CEO Nguon Chhayleang said that the condo market in Camb...
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Why is the Real Estate Market in Cambodia Not Severely Affected by COVID-19?
- 13 November 2020
A real estate analyst and the CEO of Pointer Property has revealed that there are three main factors why the real estate market in Cambodia has been less affected by the COVID-19 pandemic compared to neighbouring countries. First, most real estate developers in Cambodia have huge capital in hand, for example, Borey Peng Huoth and Chip Mong. Given that, they can keep their business stable by con...
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Lvea Em a High Potential Real Estate Investment Spot Despite Flooding Risk
- 11 November 2020
Despite the flooding risk, the geographical and climatic factors have made the land in Lvea Em becomes a high potential investment area for future profitability, especially residential development projects, according to a real estate analyst. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap said, “Lvea Em is located between Ring Road 2 and Ring Road 3, that’s w...
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New Shopping Street Officially Opens in Factory Phnom Penh
- 10 November 2020
The Urban Village Condominium project owner inaugurated a new retail space called “Retail Street” along the 60-meter road in Factory Phnom Penh with a Spanish-themed Fiesta street party on the weekend of 07 November. Retail Street is an innovative outdoor shopping street located in between the Factory Phnom Penh and the Urban Village condominium project. The area will comprise a variety of shop...
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Expert Reveals Three High Potential National Roads in Kampong Speu Province
- 10 November 2020
Besides National Road 4, three other new national roads, including NR41, NR44, and NR51, are attracting more and more industrial investment projects and becoming the most crucial economic core of Kampong Speu province. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap told Construction & Property Magazine that NR51 is catching up very fast despite the COVID-...
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Government Issues Three Emergency Measures to Prevent 2nd Wave of COVID-19
- 8 November 2020
The government and relevant ministries enforced three major emergency measures on 08 November, including the temporary closure of entertainment venues, the suspension of educational institutions and a ban on gatherings at the Olympic Stadium to prevent the spread of COVID-19. The closure of entertainment venues includes KTVs, entertainment clubs, cinemas and museums across the country from toda...
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How the Hospitality Industry Recovered with the Participations of Domestic Travellers
- 6 November 2020
By Eric Wong Chon Lap Cambodia is a country with full of festivals, holidays and celebrations. After months of staying home following the COVID-19 outbreak, domestic demand for travel has exploded which can be seen with the recent Pchum Ben holiday where the easing of restrictions became the first sign of recovery for Cambodia’s hospitality industry. As a result of the COVID-19 outbreak, ove...
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