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ខ្មែរ Property Focus
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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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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