Property Focus
Phnom Penh Office Market Remains Robust in Q2
Office Supply in Exchange Square. Photo Credit: Exchange Square Despite the decrease in total supply by 3.3 percent in Q2, the Phnom Penh office market remained robust with an overall occupancy rate of 87.7% - a 5% increase from Q1 - according to a report by CBRE Cambodia. The decrease in supply was caused by the closures of aging stock in the Grade C sector as landlords sought to refurbish ...
Read MoreKampot deep seaport plans put China’s rising role in perspective
Sihanoukville Autonomous Port The construction of a new deepwater seaport in Kampot is currently undergoing a feasibility study, following the agreement signing ceremony between a Cambodian company and a Chinese firm in April this year. The new deep water seaport is a cooperation between China’s Guangxi Beibu Gulf International Port Group and the well-known Try Pheap Group from Cambodia. Acc...
Read MoreWill the Construction and Property Sectors Slow in the Next Five Years?
As thereal estate industry booms and development projects continuing to rise throughout the country, especially in Phnom Penh, the International Monetary Fund (IMF) has forecast that the sector may decline in the next five years. On 2 October, 2018, the IMF released a preliminary economic report showing that Cambodia's economy will continue to grow at high rate over a period of between two to t...
Read MorePhnom Penh’s Evolving Retail Establishments
With an official population of close to 2 million and a growing middle class, coupled with economic growth and changing consumer behaviors, Phnom Penh’s retail property market has been very dynamic over the past five years. The retail scene has evolved to encompass newer formats and concepts. The most recent milestone has been the emergence of new community malls for the retail developments. TK...
Read MoreStrata Title Office and Residential Condominium Investments
In Cambodia, the idea of Strata-title office buildings where individual units is being sold has not been favoured by end-users or investors. There were almost no new launches taking place in Phnom Penh until recently. However, the residential condominium market in Phnom Penh has expanded rapidly over the period. Strata offices make up only a very small percentage of the total of Phnom Penh’s mo...
Read MoreCBRE: Phnom Penh Retail Supply Increases by 43% in Q2 2018
Naro Mall Retail real estate supply in Phnom Penh was recorded to have risen by 43% in Q2 of 2018 compared to Q1, according to the latest report by CBRE Cambodia. During this quarter, three retail complexes have been completed and opened their doors to the public including the second Aeon Mall Sen Sok, Prince Central Plaza and The Park. Among them, AEON Mall Sen Sok alone has added approxima...
Read MoreStrong Growth in Construction Project Driven by Residential Construction
Residential construction accounted for more than 80% of the total construction projects in the first half of 2018, according to the semi-annual report from National Bank of Cambodia (NBC). In the first six months of 2018, construction projects totaled to1, 742 projects, an increase of 14% compared to the same period last year. Among the total projects, residential construction contributed 85.25...
Read Moreកូរ៉េដាក់បង្ហាញនូវកាមេរ៉ាសុវត្ថិភាព CCTV និងបច្ចេកវិទ្យាគ្រប់គ្រងចំណតថ្មីបំផុតនៅកម្ពុជា
នៅក្នុងពិភពបច្ចេកវិទ្យានាសតវត្សទី២១ទៅហើយ ហេតុអ្វីត្រូវប្រើមនុស្សដើម្បីគ្រប់គ្រងប្រព័ន្ធសន្តិសុខ និងប្រព័ន្ធចំណតទៀតនោះ? វាដល់ពេលហើយដែលត្រូវឈប់ប្រើប្រព័ន្ធគ្រប់គ្រងចំណតបែបចាស់ដែលប្រើបុគ្គលិកជាច្រើនឲ្យឈរនៅច្រកទ្វាររង់ចាំផ្តល់សំបុត្រទៅឲ្យគ្រប់យានយន្តដែលចូលក្នុងអគារ។ ប្រព័ន្ធគ្រប់គ្រងចំណតអាចមានភាពងាយស្រួលជាងមុនច្រើន តាមរយៈការប្រើប្រាស់ប្រព័ន្ធគ្រប់គ្រងស្វ័យប្រវត្តិឆ្លាតវៃ ដែលដំណើរការដោយមិនចាំបាច់ប្រ...
Read MoreA Brief Introduction to REITs and Their Future in Cambodia
AREIT, or real estate investment trust, is a closed-end investment entity that invests in the income-producing real estate. The concept of the REIT was born in the US in 1960 with legislation that was intended to provide investors the opportunity to invest in diversified real estate portfolios the same way they would invest in other liquid securities such as mutual funds and reformed in 1976when R...
Read MoreDeal Signed for the City Gate Commercial Complex
The long-awaited deal between Cambodia and China for “The City Gate” mega commercial complex has been officially signed, according to the press release. The Phnom Penh Autonomous Port (PPAP) announced on 19 July, 2018 that it has leased out nine hectares of its land from Chroy Changvar Bridge to the Night Market along the Tonle Sap River to Chinese real estate developer, Chean Chhoeng Thai Grou...
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