Property Focus
Amid Prosperity, Challenges Remain
It is generally accepted that the real estate market in Cambodia is progressivley growing in a steady manner. However, public regulators and private sector industry insiders are also warning of existing and future setbacks.
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Property Awards to Recognise Cambodia Market
With less than a month to go before the debut gala dinner and awards presentation ceremony, anticipation is already building for the first-ever Cambodia Property Awards as nominations from the country’s leading developers continue to flood in.
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Japanese Developer Launches 3 Projects
Japanese real estate developer Creed Group announced its entry into the Cambodian market with three property developments in Phnom Penh. Implemented over the next three years, the projects will supply over 2,300 residential units worth $248 million.
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Thai Developer Plans 10 Projects In Q4
Sansiri, one of the largest real estate developers in Thailand, and its joint venture firm with BTS Group Holdings, BTS-Sansiri Holding, plan to launch 10 residential projects worth 21.5 billion baht ($598 million) in Q4 2015.
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Price of Yangon Real Estate Hurts Locals
Yangon’s booming economy and rapid pace of development is powering a huge 20% annual growth in the housing rental market.
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Property Awards Crowns 2015 Winners
400 of Southeast Asia’s real estate industry elite attended the grand finale of the South East Asia Property Awards 2015 on Wednesday, 21 October at the Shangri-La Hotel, Singapore.
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Apennines Condo Intros First Car Lift
A new condo building in Toul Kork scheduled for completion in 2016 will feature the first car elevator in Cambodia according to the developer.
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Phnom Penh Remains Static in Office Index
The Knight Frank Asia Pacific Prime Office Rental Index for Q2 2015 saw Phnom Penh show no growth between Q1 and Q2 2015, indicating a general slowing trend.
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$100 Million Affordable Housing Project Signed
Local and Singaporean property developers signed a US$100 million property project with Cambodian government to offer Cambodian low and medium classes with affordable housing which will kick off in 2016.
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New CVEA Chairman Lays Out Ambitious Strategy
After being appointed as head of the Cambodia Valuers and Estate Agents Association (CVEA)’s 4th mandate following the resignation of former president Sok Bun,
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