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ខ្មែរ Property Focus
Nation’s Biggest Sez Set to Expand
- 13 November 2017
The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road ini...
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How to Choose an Office Space
- 13 November 2017
When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the ...
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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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