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ខ្មែរ Property Focus
Thai-based Makro Supermarket to Open Nine Branches
- 13 November 2017
Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year. After breaking ground in late May 2017, Makro is currently constructing a two-storey 10,000-square-metre wholesale warehouse supermarket on a 5-hectare plot in Beong Pung Peay city in Phnom Penh’s Sen Sok district in the northwest of th...
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The Power of the Court to Review the Rental Amount and Its Risk for Landlords and Tenants
- 13 November 2017
During the term of a lease, both the landlord and tenant have a right to request for the court to review the rental amount if one of them considers that the circumstances have changed justifying an increase or decrease in the amount. We will see (i) that giving this power to the court may constitute a risk for the parties and (ii) that other options can be put in place for reviewing the rent in or...
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Customized, Quality Concreting Solutions With a Globally-known Brand
- 13 November 2017
With the construction industry seeing dramatic growth around the globe, SCHWING Stetter is introducing innovative, advanced technology concrete construction equipment to solve concreting challenges. Incorporated in June 1998, and commencing manufacturing operations in 1999, SCHWING Stetter India, is a 100 percent subsidiary of the Schwing Group of companies Germany. SCHWING Stetter is a pion...
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A 78 Floors Commercial Building to Flourishes Close to Diamond Island City
- 8 November 2017
Phnom Penh: Named the Glory International Center commercial building will invest hundred million dollars by China's investor near the Diamond Island Sattelite City close to the Bridge which will be open in 2023... (full text coming soon)
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Naga2 Casino and Resort Launch Soft Opening
- 6 November 2017
Phnom Penh: Along the Tonle Mekong riverside facing off 133 storey skyscraper project, Naga 2 featuring hotel and casino...(full text coming soon)
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Megaworld Wins Big at Philippines Awards
- 5 November 2017
Megaword Corporation dominated the fourth annual Philippines Property Awards in April with the property developer taking four major awards, including Best Developer (Philippines) and 13 Highly Commended certificates. As the Asia Property Awards programme continues to grow in its 11th year, we are proud to accomplish our goal to showcase the finest developers and projects from the established an...
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Royal Government Has Bought Koh Kong Bridge
- 2 November 2017
Phnom Penh: Royal Government has decided to buy Koh Kong Bridge...
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Korea’s E-mart to Open in the Kingdom
- 29 October 2017
Through a deal between local conglomerate Royal Group and Korea’s largest retail market operator E-mart, consumers in Cambodia will soon enjoy sourcing discounted products in this modern hypermarket. Scheduled to open in the first quarter of 2019, E-mart is incorporated in Cambodia via a joint venture agreement signed in late July in Phnom Penh between Royal Group Chairman Oknha Kith Meng and E...
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The Condo Market in Cambodia… Where Do We Stand?
- 3 October 2017
We can all see that the city is full of construction sites, with a majority of them condo projects. This represents a big step forward and a huge change for a new lifestyle in Cambodia. Many people say it will need time for Cambodian people to get used to this new way of living and the main concern is who will buy these condo units. Most of the projects are in the inner city, out of reach for m...
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Malaysia Property Awards Winners Announced
- 3 October 2017
The PropertyGuru Asia Property Awards held its fourth celebration of the best in real estate in Malaysia in August. The prestigious awards ceremony showcases the very best property projects in each host nation before hosting the glittering gala celebration where the best projects in Asia compete for the top prizes. Twenty-one award categories were presented at the Malaysia round and Selangor...
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