Glory Flame Holdings plans construction and real estate expansion into Cambodia

Sample project plan of Glory Flame Hong Kong-based construction company, Glory Flame Holdings Limited, is seeking opportunities to expand into Cambodia, according to its interim results report dated 10 August 2018 for the six months to 31 June 2018. After incorporating indirectly with two wholly-owned subsidiaries, namely, W.A.N.K.E. Investment Co., Ltd and Chiuwai Construction Co., Ltd the ...

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Poipet Sees Green Light for Us$68 Million Investment Projects

On 10 August, 2018, the Council for the Development of Cambodia (CDC) gave the green light to Boonma Heng Co., Ltd. to build a four-star hotel and a supermarket at a cost of US$68.29 million in Poipet City, Banteay Meanchey Province. According to CDC, the projects are located in Kbal Spean Village, Sangkat Poipet, Poipet City, Banteay Meanchey Province which will bring another 836 jobs to the p...

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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 ...

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Kampot 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...

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Will 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...

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Phnom 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...

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Strata 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...

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CBRE: 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...

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Strong 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...

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កូរ៉េដាក់បង្ហាញនូវកាមេរ៉ាសុវត្ថិភាព CCTV និងបច្ចេកវិទ្យាគ្រប់គ្រងចំណតថ្មីបំផុតនៅកម្ពុជា

នៅក្នុងពិភពបច្ចេកវិទ្យានាសតវត្សទី២១ទៅហើយ ហេតុអ្វីត្រូវប្រើមនុស្សដើម្បីគ្រប់គ្រងប្រព័ន្ធសន្តិសុខ និងប្រព័ន្ធចំណតទៀតនោះ? វាដល់ពេលហើយដែលត្រូវឈប់ប្រើប្រព័ន្ធគ្រប់គ្រងចំណតបែបចាស់ដែលប្រើបុគ្គលិកជាច្រើនឲ្យឈរនៅច្រកទ្វាររង់ចាំផ្តល់សំបុត្រទៅឲ្យគ្រប់យានយន្តដែលចូលក្នុងអគារ។ ប្រព័ន្ធគ្រប់គ្រងចំណតអាចមានភាពងាយស្រួលជាងមុនច្រើន តាមរយៈការប្រើប្រាស់ប្រព័ន្ធគ្រប់គ្រងស្វ័យប្រវត្តិឆ្លាតវៃ ដែលដំណើរការដោយមិនចាំបាច់ប្រ...

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