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ខ្មែរ Property Focus
Land Plot Development Boom a Concern for Cambodian Economy
- 11 December 2018
Despite the business of developing land plots continuing to show great potential in the local market, the activity nonetheless poses a concern for Cambodia's economy. A recent World Bank report 'Cambodia Economic Update' highlights a concern for the financial sector in Cambodia with the buying and selling of propertyamong the issues raised. The report also pointed out the increases in both r...
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Deal Signed for Cambodia-singapore Mixed-use Development Project
- 7 December 2018
A joint venture development project in Toul Kork District between Neak Oknha Kith Meng’s company and a Singaporean firm has been officially signed. Earlier this month, Cambodia’s largest conglomerate Royal Group signed a joint venture agreement with HLH Development Pte Ltd, a subsidiary of Singapore's Hong Lai Huat. The two companies will jointly develop the project covering 8,221 square met...
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Century 21 Sign Mou to Promote Morgan Tower Unit Sales
- 27 November 2018
Photo by Morgan Tower Sale Center Centuy21 Cambodia and Centuy21 China have signed a memorandum of understanding (MoU) with investment firm Morgan Ford Investment to promote unit sales of Morgan Tower, located in Koh Pich, Phnom Penh, according to the official press releases. While construction of the multipurpose business centre Morgan Tower is already underway, the deal is intended to boo...
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With the Chinese Influx, Why Are Locals in Sihanoukville Pushing for Bank Loans?
- 27 November 2018
The beautiful tourist city in the southwest of Cambodia has been drawing so much attention over the last few years, the cityscape has changed dramatically with the construction of many new buildings together with the influx of Chinese people across the city. With the arrival of Chinese people and this growth of new buildings,which are mostly owned by Chinese companies, providing housing supply ...
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Mace Wins Vietnam Resort Project
- 21 November 2018
UK company Mace has been appointed to oversee design, project and construction on a stunning new resort in Hoi An, Vietnam. Mai House Hospitality Group and Mace will develop the beachfront property into a five star mixed-use luxury resort featuring a hotel, villas, apartments, a golf course and shopping amenities. Designed to celebrate the shape of a Vietnamese lantern and modelled on the Bu...
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Japanese Firms Investing in Hotel Projects in Cambodia
- 20 November 2018
Sample photo by Robert Kleiner Photography Since Cambodia is in need for more hotel rooms to accommodate the millions of visitors expected to visit the country, Japanese firm have been focusing on hotel development in the Kingdom. The Ministry of Tourism recently announced on its Facebook page that Japanese companies are starting to invest in luxury hotel projects in Cambodia. According t...
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Stylish Entertainment Centre ‘The Heritage Walk’ Inaugurated
- 17 November 2018
A Stunning entertainment centre in Siem Reap has officially opened. On 16 November, 2018, ‘The Heritage Walk in Siem Reap was officially inaugurated. Located in the heart of Siem Reap, The Heritage Walk is designed in a Khmer architectural style, with the attractive design of the building reflecting Khmer identity. The entertainment centre was developed by Metro Lifestyle Development and is ...
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Boeng Kak Ti Pir Largest Shareholder in Rental Apartment Supply in Tuol Kouk
- 16 November 2018
While Tuol Kouk District is potentially strong in almost every aspect in property sector, Boeng Kak Ti Pir has captured the highest share of rental apartment supply. This reflect the recent real estate report compiled by one of Cambodia largest property appraisal Vtrust Appraisal Cambodia showing that apartment in Sangkat Boeng Kak Ti Pir has become the largest market leader among other Sangkat...
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Home Loan Regulations Toughen in Thailand
- 16 November 2018
In an effort to reduce speculation in the residential property market, Thailand’s central bank announced new rules at the start of October that will toughen mortgage lending requirements. From January 2019, a cap of 80% will be placed on the loan-to-value (LTV) ratio limit for homes valued more than THB10 million (USD306,466) which means buyers must place a minimum down payment of 20%. The new ...
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Phnom Penh 4th Most Popular Asian Destination for Chinese Lgbt Property Buyers
- 13 November 2018
As the Chinese outbound property investment market diversifies and becomes more sophisticated, a recent survey has shown Phnom Penh to be in the top five Asian destinations for Chinese LGBT property investors. With household wealth estimated to be worth US$1.5 trillion and annual purchasing power in 2017 of US$938 million combined with a high level of domestic prejudice, China’s 90 million-stro...
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