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ខ្មែរ Property Focus
Garden Taking Root in Modern Lifestyles
- 9 December 2016
As lifestyles and living environments become ever more sophisticated, Sokea Garden aims to be the leading local botanic decoration expert working to international standards. Maslow’s human need theory argues that after fulfilling their basic needs such as shelter, food, and clothes, people seek comfort and entertainment and a similar trend can now be seen emerging in Cambodia as increasingly af...
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Generating Positivity for the Real Estate Market
- 9 December 2016
Many people are feeling the pressure and fearing for a collapse of the real estate industry in the near future. This fear is not necessary. Being careful and considering before investing or buying real estate is not a bad thing, but even when the market is strong you should still do the same. One thing is sure: we need housing for an ever growing population in the world as well as in Cambodia. ...
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The Penthouse Foundation Works Complete
- 8 November 2016
After breaking ground in March this year, foundation works on the 5-star condominium The Penthouse Residence are complete with basement and structural works to follow. Located in the heart of Phnom Penh’s fast-growing riverside commune along Sothearos Boulevard in front of Sofitel Phokeethra Hotel and Aeon Mall, the Penthouse is built to international standards and with the latest, innovative b...
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Property Acquistition Awareness in Cambodia
- 4 October 2016
Before buying real estate in Cambodia, the buyer needs to be aware of basic background details related to the property. It is quite important to have a professional conduct due diligence to determine the form of property title, nature/use of land, location specifics; as well as associated risks. A proper search should reveal the legal status of owner, whether there are current or former encumbr...
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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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