English 
ខ្មែរ Property Focus
Phnom Penh, Beijing to Twin
- 27 July 2017
Phnom Penh and Beijing, the capitals of Cambodia and China, are discussing the possibility of becoming “sister cities” according to representatives of both. Wang De Xin, chief of the political section at the Chinese Embassy and Phnom Penh deputy governor Khuong Sreng confirmed the talks in March. “The main purpose of being sister cities with Beijing would be to support each other . . . to co...
Read More
Cambodia Property Awards 2018 Takes Off
- 8 July 2017
The nominations for Cambodia Property Awards 2018 now open freely for developers and the general public until 5 January, while the entries are accepted until 12 January 2018, said the program’s press release issued on 21 June. Organized by an Asia’s foremost online property company PropertyGuru Group, the PropertyGuru Cambodia Property Awards is part of the regional Asia Property Awards pro...
Read More
Asia Square 2 in Capitaland’s Sights
- 30 May 2017
CapitaLand, Singapore’s leading real estate developer and fund manager, is negotiating to purchase Asia Square 2 according to media reports. Located in the ultra-exclusive and prime Marina Bay district in Singapore, the BlackRock-owned 46-storey Grade-A commercial building is estimated to be valued at more than USD1, 900 per square foot. In June 2016, Asia Square Tower 1 was sold to the Qata...
Read More
Solarhome Targets Myanmar
- 30 May 2017
A Singapore-based company providing solar energy solutions for rural households not connected to electricity grids is looking to Myanmar as its next target market. SolarHome, which currently has operations in Cambodia, Indonesia and the Philippines, already has a presence in Myanmar but is hoping to invest up to USD25 million over the next five years, starting with an initial USD1.5 million in ...
Read More
Sino Plaza Halts Sales
- 30 May 2017
In another example of developers modifying plans in response to rapidly changing market conditions, a huge residential development in Boeung Trabek has reportedly halted sales and provided customers with full refunds. According to a recent report in the Phnom Penh Post, the USD250 million Sino Plaza project is no longer accepting customers though is continuing with construction albeit with an a...
Read More
Changing Trends in Sihanoukville’s Economy
- 30 May 2017
Tourism has always been the key contributor to the Sihanoukville’s economy and while it remains the heartbeat for this coastal city, attention has shifted to demand for real estate with developers and investors looking to the area. “Sihanoukville is a nice city but business activities have not evolved much. People usually want to buy properties near the beach for the nice view and coziness,’’ e...
Read More
Creating a Motivating and Conducive Work Environment
- 30 May 2017
The Phnom Penh office market currently enjoys modest levels of occupancy rates. As the market anticipates a significant amount of future supply, tenants requiring large spaces will have plenty of choices. However, choosing the right office location with productive work spaces is crucial to the success of any business. Robust future supply means tenants are given more options for their office lo...
Read More
Toul Kork Set for the Parkway in 2020
- 30 May 2017
The Toul Kork skyline is set for a major change when it welcomes ‘The Parkway’ in 2020, claimed by the developers to be the first-ever mix of Cambodian architecture and modern style condominiums. A joint venture between locally-owned Parkway Investment Co., Ltd and Chinese-owned Nantong City Daxin Engineering (Cambodia) Co., Ltd, the 1,500-unit landmark development is to be built on a 17,000 sq...
Read More
17 Awards Presented at 2nd Cambodia Property Awards
- 30 May 2017
A total of 17 awards were presented to the nation’s outstanding property developments at the 2nd Cambodia Property Awards hosted on 24 March at Sofitel Phom Penh Phokeethra Hotel attended by some 300 industry guests. Among the iconic property developments located in Phnom Penh, Siem Reap and Sihanoukville, last year’s champion Borey Peng Huoth Group, developer of the acclaimed residential proje...
Read More
Condominiums: Two Things to Be Reviewed Before Purchasing or Selling Units
- 30 May 2017
Before deciding to purchase a unit located within a condominium, any potential buyer will have to consider various factors, such as the location of the condominium, the description and quality of the materials used, the size and price of the unit, the identity and experience of the developer, and the construction insurance policy.Two others factors, often forgotten, must be reviewed as they can ha...
Read More