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ខ្មែរ Property Focus
Taiwanese Investors Bank on Capital’s Property Boom
- 4 October 2016
Taiwan is no longer the paradise for landlords it once was in the past. Gross rental yields are now unusually low, which is often a sign of an overvalued market. It is common for high-net worth investors to own more than one property for their own use. Wealthy Taiwanese having excessive savings is one of the factors that have driven speculation in overseas property markets such as Cambodia.Thes...
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Chinese Plan Mega-Resort for SihanoukVille
- 4 October 2016
As part of the One Belt, One Road strategy, a group of Chinese investors have announced a plan for a USD3 billion international resort development project in Sihanoukville province to capitalise on the Kingdom’s prospering tourism industry. The Meas Prak (gold and silver) Beach Resort Development Project will be developed on 337 hectares of land, some 18kmfrom Preah Sihanoukville and 7.3km from...
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Cambodia Property Awards 2017 Launched
- 4 October 2016
The Cambodia Property Awards 2017 were launched at the beginning of July, signaling the second time the region’s most prestigious real estate awards have hosted a round in the kingdom. A formal press conference on 6 July 2016 at the Empress Room of Raffles Hotel Le Royal was followed by an evening launch party at the Chinese House in Phnom Penh. The inaugural ceremony that took place on 25 Febr...
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A Long Road Ahead for AEC Design Culture
- 4 October 2016
With the advent of the ASEAN Economic Community (AEC), our economies are increasingly dependent on one another for products and services, and many architecture and design firms are competing for the first time in a regional market. International practice has become a reality for design firms. AEC member states are becoming vibrant spaces for experimentation, a process in which culture has come to ...
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Interior Design Key to Success
- 4 October 2016
There is little doubt that the ASEAN Economic Community (AEC) will continue to spur the growth that has caught the eyes of investors across the globe on Cambodia. For new businesses, franchise opportunities or head offices, architecture and interior design can play a large role in success. First impressions make a big impact, and impact is what investors are looking for. A quality interior c...
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Philippines’ Green City Attracts International Interest
- 3 October 2016
A plan in the Philippines to develop a green ‘sustainable city’ away from the infamous congestion of Manila is attracting the interest of some big international investors. Located 80km from the capital in Tarlac province, the 9,450-hectare Clark Green City is being promoted by the state-owned Bases Conversion and Development Authority (BCDA) as an alternative living and trade hub to Manila. ...
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Cambodia a Magnet for Singaporean Investors
- 3 October 2016
Cambodia’s sustained economic growth and open foreign investment regulations have made it a magnet for Singaporean real estate investors. According the Council for the Development of Cambodia (CDC), Singapore is now the third largest investor in the kingdom after China and the UK, with real estate development one of the most prominent sectors. The Bridge and the Peak, two of the capitals’ mo...
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Creed’s Sen Sok Borey Sales Rocket
- 3 October 2016
Japanese real estate developer Creed Group has seen sales for its Sen Sok district borey project skyrocket with around 80 percent of phase one already sold just four months after the soft launch. Borey Maha Sensok’s successful sales are thanks to its location in the capital’s fastest growing district close to amenities and the airport with the Lion Mall and AEON Mall 2 soon to be nearby, afford...
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Shukaku Signs MOU with Don Bosco
- 3 October 2016
Phnom Penh City Center (PPCC) master developer Shukaku has signed a memorandum of understanding with the Don Bosco Foundation to provide scholarships and IT equipment for Cambodians from disadvantaged backgrounds. The partnership is part of Shukaku’s new “Sustainable Growth Initiative” CSR program and will see the developer grant 20 scholarships to students from the Don Bosco Technical School a...
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Olympia City’s Condo Towers Ready For Residents in 2016
- 3 October 2016
After four years of construction, two of Olympia City’s condominium towers are scheduled to open to residents and businesses later this year. The massive Olympia City project features 13 skyscrapers and is being built on 6 hectares of landmass north of the National Olympic Stadium. The award-winning complex features two 36-storey buildings, five 25-storey buildings, five 20-storey buildings and...
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