Property Focus
Macau Firm Plans New Casino Resort in Siem Reap
Sample Photo: The Landmark Macau A Macau casino services firm named Macau Legend Development Ltd has recently revealed plans to invest in an integrated resort in Siem Reap province, according to GGR Asia. The integrated resort is likely to be a mixed-use development comprising casino space and non-gaming facilities, though there are no clear details on the project yet. However, according to ...
Read MoreBasic Tips to Evaluate Property Value by Yourself
You might often wonder how others always make money from real estate investment or wonder why they always choose the right property to invest in. This is because they know how to evaluate property very well. However, property evaluation is not as complicated as you might think, and in fact, it is quite simple. Mr Sorn Seap, founder and CEO of Key Real Estate Co., Ltd., a real estate analyst, an...
Read MoreAre Condotels the Future of the Cambodia Real Estate Industry?
Real Estate in Phnom Penh City Condotel is a new concept to Cambodia where a development is mixed between a condominium and a hotel. Unlike hotels, where a corporation owns the whole hotel, in condotels each unit is sold separately similar to a condo. Condotels have hotel-like amenities and services – unlike conventional condominiums. Condotel units can be placed on a rental program with the...
Read MoreCambodia to Demand Extra 1.1 Million Houses by 2030
According to the government’s 2014 National Housing Policy, by 2030 an extra of 1.1 million houses will be needed to fulfill the demand of the population. Among that, Phnom Penh alone will demand about 800,000 houses. This statement has been mentioned and discussed in the EuroCham Cambodia breakfast talk on the affordable housing in Cambodia on May 24. Cambodia is currently having a populati...
Read MoreAwards Bring New Momentum to Cambodia’s Rapidly Developing Construction and Real Estate Sectors
The third annual edition of the PropertyGuru Cambodia Property Awards 2018, presented by KHI, was held on 16 March in Phnom Penh. The event witnessed a significant increase in the number of participants from both local and international industrial players, proving that the Kingdom’s construction and real estate sectors are becoming the more attractive to different kinds of investors around the reg...
Read MoreThailand Property Technology Firm Plans to Expand Business to Cambodia
A Thailand-based property technology company known as Baania is in negotiations with business partners in order to expand its business in Cambodia next year under a goal to boost revenue 50 per cent from last year, reported The Nation. Baania is online platform that provides a data analytics such as demand and supply analysis, market predictions, and brand value analysis, to help property buyer...
Read MoreHow Green Space and Environmental Concerns Affect the Property Value
AA School of Architecture 2014 Phnom Penh continues to experience a greater density of developments as the real estate industry grow. The city’s population density is high, but green space per capita is falling below the average compared to other regional Southeast Asian cities. “There are many areas in Phnom Penh in need of green spaces,” according to Nguon Chhayleang, CEO of the Pointer. G...
Read MoreSeeking Opportunities in Cambodia’s Competitive Property Market
Real Estate in Cambodia. Photo credit: Property Guru Report For the past decade, Cambodia has experienced a boom in the construction and property sectors which has provided a boost to the kingdom’s rapidly growing economy. According to the Ministry of Land Management, Urban Planning and Construction, more than 2,000 construction related businesses are currently registered with the Ministry, ...
Read MoreNew Growth Opportunities in Tourism Properties for Chinese Buyers
The Blue Bay condominium project in Sihanoukville For most foreign investors, Cambodia remains appealing due to the relatively low prices of real estate which comes with high rental yields. On the other hand, the purchasing conditions in Cambodia are also less complicated compared to a lot of other countries with reasonably low down payments and transfer fees. In the past, the majority of co...
Read MoreAsean’s Coasts Attracting Investor Interest
As ASEAN’s emerging markets experience a real estate boom fuelled largely by increasing direct foreign investment, property buyers are now looking beyond major cities to previously undeveloped coastal areas. The coastal cities of Sihanoukville in Cambodia and Danang in Vietnam are seeing growing interest, especially from Chinese investors, as infrastructure improves and the economies and touris...
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