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ខ្មែរ Property Focus
Long-term Investment in Real Estate
- 28 December 2018
“Risk-averse” investors prefer to invest in tangible assets like property. There are many ways people invest in real estate, such as flipping properties i.e. holdingthem for a short term and selling at a profit. Some investors prefer to put their investments in the stock market, which is still not common in Cambodia, but investing in stock market means there is significant price volatility. Howeve...
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Global Japanese Hospitality Firm to Open Luxury Hotel in Tuol Tum Poung
- 24 December 2018
Japanese firms are increasingly interested in the hotel market in Cambodia reflected by the announcement of new luxury hotel in Toul Tom Poung area. Okura Nikko Hotel Management, a subsidiary of Hotel Okura, announced that it will open Hotel Nikko Phnom Penh, according to a press release dated 21 December, 2018. According to the press release, the new hotel will open in 2022 located on the u...
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Land Prices in Three Provinces Change Within Six Months
- 24 December 2018
Rapid development and economic growth in Cambodia has driven an increase of land prices across the country, especially within the last six months of 2018. A recent land evaluation report by real estate firm Key Real Estate shows how average land prices for three provinces of Phnom Penh, Sihanoukville, and Siem Reap have changed. According to the report, among the 12 districts in Phnom Penh, ...
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Analyst: How long will the land sector in Sihanoukville continue to have potential?
- 20 December 2018
Commercial buildings, casinos, hotels, restaurants and apartments are quickly developing and changing the landscape of the southern part of Cambodia, and more so in the very near future. These commercial construction activities have made Sihanoukville an important destination for domestic and foreign investors to capitalise on this potential through developing new projects. This recent rapid de...
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One-bedroom Apartment Units Account for More Than 50% of Supply in 2018
- 19 December 2018
Sample photo by Apartment List Serviced apartments have become an important aspect of the real estate sector and a recent report shows that one-bedroom units accounted for the majority of supply in the fourth quarter of 2018. According to a report by Cambodia’s largest property appraisal firm,VTrust Appraisal Cambodia, one-bedroom units accounted for 55% of the total supply on the market, eq...
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Amcham establishes real estate and construction committee
- 18 December 2018
With Cambodia’s real estate and construction sectors booming and increasing numbers of international companies entering the market, a growing number of specialised business chamber committees are also emerging. One recent example is the American Chamber of Commerce in Cambodia (AmCham) which has established a real estate and construction committee to serve as a platform for information sharing ...
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VTrust Soft Launches 2030s Real Estate Report
- 18 December 2018
In a bid to promote the real estate sector in Cambodia, Cambodia’s largest property appraisal firm VTrust Appraisal Cambodia has launched its decennium report on the real estate sector in Phnom Penh. On 18 December, 2018, VTrust presented its report on the Phnom Penh serviced apartments market, which is part of its main report titled 'Phnom Penh 2030s: Ten Predictions for the Real Estate Sector...
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Royal Chartered Academy Institute Hosts First Courses on Property Investment and Shopping Mall Management
- 17 December 2018
Cambodia construction and real estate education institution the Royal Chartered Academy Institute (RCA) has successfully completed its first short course. The four-day training course held from 11 to 14 December 2018 focused on two subjects in related to the industry in Cambodia, namely property management and shopping mall management. After completing the course, Professor Daniel Tan expres...
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CVEA to Increase Members in Sixth Mandate With Discount Strategy
- 15 December 2018
The Cambodian Valuers and Estate Agents Association (CVEA) has successfully closed its fifth mandate and has announced an attractive strategy to increase its members. Newly-elected CVEA President for the sixth mandate Mr Chrek Soknim also announced a new 50% discount policy to attract companies and real estate agents to join the CVEA. “I will continue to increase the number of member to more...
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Singapore Firm Terminates Us$11 Million Hotel Deal in Sihanoukville
- 12 December 2018
Singapore-based real estate developer Hong Lai Huat has decided to terminate its sales and purchase agreement of its first hotel project in Sihanoukville, according to an announcement on the Singapore Exchange (SGX). According to the announcement dated 11 December, 2018, PH One Development, a subsidiary of Hong LeaiHuat decided to terminate the sale and purchase agreement of the D'HotelSeaview ...
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