Property Focus
VTRUST Tower Opens to Tenants
VTRUST Tower, a 15-storey office building with about 18,000 square metres of high-end leasable area has opened for occupation. Officially launched on 17 February, the uniquely-designed building dedicated to high grade office space is located along Czech Republic Blvd within Phnom Penh’s bustling commercial hub. It has been developed and is operated by VTRUST Group, one of Cambodia’s leading fac...
Read MorePhnom Penh’s High-end Condominium Market STRUGGLES
High-end condominiums are rapidly rising in the premium areas of Phnom Penh, among which the most popular are Boeung Keng Kang 1 and Diamond Island. This trend has however resulted in a split property market and while Phnom Penh’s low-end condominium market remains bullish, the high-end market is struggling amid the risk of oversupply. For property developers, it is right to say that by shif...
Read MoreCambodia’s Retail Market: a Competitive Frontline
Cambodia is seen as one the most dynamic and attractive retail markets in South East Asia thanks to strong economic growth and a rising middle class. Over the last year domestic retailers have been facing growing pressure from an increasing number of foreign competitors. The retail market in Cambodia has recently seen a wave of foreign investors from China and Japan, with possibly more from Mal...
Read MoreCasa Meridian Launches Lease-to-own Deal
In line with the maturing market and the need to attract new kinds of investors, the luxury Casa by Meridian condominium has launched a lease-to-own initiative for the first time in Cambodia. The lease-to-own plan allows a person, family or business to lease a space first for three years and enjoy growing their family or business from there. After the three years, they can exercise the option t...
Read MoreSingapore Masterminds New District
Planning for an exclusive new district in Singapore is being led by Dutch company KCAP Architects & Planners according to the Singapore Urban Redevelopment Authority (URA). A mixed-use masterplan is being developed for the “Lakeside Gateway” area in Jurong Lake District, linked to the new terminal of the Kuala Lumpur high-speed line. The plan focuses on creating a “district of the future...
Read MoreCapitaland Goes Grade a in Vietnam
CapitaLand, one of Singapore’s leading property developers, has purchased a site to build its first international Grade A office tower in Ho Chi Minh, Vietnam. CapitaLand Vietnam has acquired a 0.6-hectare site in District 1 to construct 1 240 metre high premium office facility and will utilise USD500 million fund it has dedicated to the Vietnam market. “The acquisition and development of ou...
Read Moreពានរង្វាន់អចលនទ្រព្យម៉ាឡេស៊ីកំពុងបន្តទៅមុខ
ការតែងតាំងបេក្ខភាពសម្រាប់ពានរង្វាន់អចលនទ្រព្យអាស៊ីប្រចាំឆ្នាំលើកទីបួន (ម៉ាឡេស៊ី) បានបើកទទួលអ្នកចូលរួម ដោយអ្នករៀបចំកម្មវិធីរំពឹងថានឹងទទួលបានជោគជ័យ យ៉ាងអស្ចារ្យលើសកម្មវិធីឆ្នាំមុន។ ពានរង្វាន់អចលនទ្រព្យអាស៊ី (ម៉ាឡេស៊ី) បានផ្តល់ពានរង្វាន់អ្នកអភិវឌ្ឍន៍ និងគម្រោងអចលនទ្រព្យល្អបំផុតសម្រាប់ប្រទេសដែលមានទីតាំងស្ថិតនៅក្នុងទីផ្សារអចលនទ្រព្យដែលបានបង្កើតឡើង និងកំពុងរីកចម្រើននៅទីក្រុងកូឡាឡាំពួរ ទីក្រុងប៉េណាំង ...
Read MoreBamboo Celebrated at Local Festival
The inaugural CAMBOO Festival will be hosted in Phnom Penh’s Freedom Park in March where six of the kingdom’s architecture and engineering universities will compete. Organised by Building Trust International, the festival will showcase the most ingenious uses of bamboo in passive, sustainable design and architecture. Building Trust is also running a design challenge for a bamboo pavilion tha...
Read MoreD.i. Riviera’s Two Towers to Open in 2017
Rising over the three rivers at the northern edge of Phnom Penh’s Diamond Island, two of the five D.I.Riviera Condominium towers are scheduled to open in late 2017. Located at Diamond Island of Phnom Penh’s Tonle Bassac, Diamond Island Riviera features five towers: The 33-floor Towers A and B, and the 42-floor Towers C, D, and E that will jointly carry the ship-like sky park. The 5-hectare comp...
Read MoreChinese Outbound Investment Hits New Heights
Chinese outbound capital flow into global real estate set a new record in 2016 with USD33 billion in overseas commercial and residential property investment. This represents an increase of nearly 53 percent year-on-year. 90 percent of all Chinese outbound investment in real estate went into land, offices and hotels over the past three years but 2016 saw significant increases in the hotel and in...
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