Cambodia to welcome first Autograph Collection hotel in early 2022

Global hospitality firm Marriott International signed an agreement with local developer Wywaza Investment on 08 August 2019 to bring the first Autograph Collection Hotel into the kingdom under the name KHŌM Hotel. Located in the heart of Phnom Penh in front of Wat Botum Park, KHŌM hotel will comprise of 130 rooms, designed to showcase a combination between traditional Khmer culture with a moder...

Read More

Lower middle-income Cambodians flock for land plots despite challenging investment

Economic prosperity along with the rise in lower-middle-income Cambodians is pushing the development of the country’s real estate industry. Over the past decade, the country’s real estate sector has enjoyed strong growth each year, especially within the capital of Phnom Penh and on its outskirts. Along with this rapid development has been the increase in land prices as more lower-middle-income ...

Read More

Licadho Report Selective and Misleading, says CMA

The Cambodia Microfinance Association (CMA) on 07 August condemned the recent Licadho report regarding the predatory system of microfinance in Cambodia, arguing that the report relies on flawed methodology, does not represent the status of microfinance in Cambodia, and destroys the reputation of MFIs in the kingdom. The condemnation comes in response to the report by Licadho and Sahmakum Teang ...

Read More

Avani Hotels Officially Opens First Property in Siem Reap

After six months of renovation by Thai hotel chain Avani, the French colonial architecture-styled Foreign Correspondents’ Club has been officially re-opened under the new name of ‘FCC Angkor managed by Avani Hotels & Resorts. Located a 20-minute drive from Siem Reap’s airport, this new hotel comprises 80 rooms and suites decorated in vintage style. The property was also designed by keeping ...

Read More

LICADHO: Upsurge in microfinance debt leads to land loss and human rights abuses in Cambodia

The acceleration in microfinance debt in Cambodia - for which land titles are mostly used as the collateral - can poses significant risks to millions of local debtors in the kingdom including land loss and many other systematic human rights abuses, according to the latest joint research by the Cambodian League for the Promotion and Defense of Human Rights (LICADHO) and Sahmakum Teang Tnaut (STT). ...

Read More

August 8th breakfast talk to discuss real estate and hotel investment in Cambodia

With Cambodia rapidly growing real estate market, international real estate agency CBRE Cambodia and legal firm DFDL to hold a breakfast talk on 8 August to discuss the potential of the Cambodia real estate and hotel investment at the Rosewood Phnom Penh hotel. Under the theme “Real Estate Investment in Cambodia”, the event will bring together expert speakers from DFDL and CBRE Cambodia to guid...

Read More

Why offering Social Media Only Marketing Solution is not sufficient without Video Filming?

Social Media ONLY Marketing Solution is insufficient because 1. It is difficult to attract the right leads today even money is spent for leads which will not even bother to reply with a “Likes” or “Share” 2. Fewer people have the Time to read long copies anymore today, we recorded up to an astonishing 86% drop in people scrolling to the midway point in a few of our landing page copies within the...

Read More

Will the increase in China’s domestic property developer bankruptcies affect Cambodia construction sector?

The 50 percent rise of bankruptcy rate among the home developers due to the economic slowdown in China this year has caused a controversial question whether or not it would affect the Cambodian construction sector since a large portion of the investment within this sector is the investment from China. Due to restrictions on borrowing in China, 274 homebuilders have filed for bankruptcies this y...

Read More

Rents to climb in Phnom Penh office market as new supply comes online

The property market in Phnom Penh will keep growing, just as office rents have risen consistently over the past five years despite the continuing increase in the number of office spaces available in Phnom Penh. The market today is still on the rise. Until now, there are no risk factors for the next dip. Currently, low levels of vacancies for Grade B and Grade C office spaces have led to an impr...

Read More

Asset Management – A course to help us to understand the importance of assets

The Royal Chartered Institute (RCI) will be conducting the 1st Module under the Certificate of Asset Management, which is Asset Management on 07 September 2019. The lecturer will be Dan Davies from the United Kingdom. What is an asset? Assets are normally described as property in normal terms. In real estate, assets can cover infrastructure, property, land, buildings etc. (RICS 2012) Under-ma...

Read More