Property Focus
Capitaland, Thanh Nien Enter JV
CapitaLand Vietnam has entered into a joint venture (JV) with Saigon Commercial & Tourism Corporation, a subsidiary of Thanh Nien Corporation, to develop a prime site in District 2, Ho Chi Minh City, for an estimated value of $55 million. The 1-hectare residential project is located in Thao Dien ward just 2 km from the new Metro line, a 10-minute drive to the future Thu Thiem Central Busine...
Read MoreMyanmar Market Bounces Back Post-Election
Myanmar’s real estate market has seen buoyant growth following the peaceful conclusion of the national elections in November, according to Myamnar Business Today. Following a sustained period of rapid growth between 2011 and 2014, the market stalled last years as investors showed nervousness about the upcoming elections. Property agents in Yangon are now seeing rises of up to 20 percent in t...
Read MoreThai Infrastructure Investment Fund Created
Thailand’s Finance Ministry has approved the establishment of a $2.78 billion ‘Thailand Future Fund’ to support government infrastructure investment projects. Expected to launch at year’s end, the ministry hopes to attract local and foreign institutional investors to participate in the fund. The fund is part of government efforts to boost the economy through investing $50 billion in big-ticket ...
Read MoreVietnam Touted as Hottest ASEAN Market
Vietnam is being touted by industry experts as the most dynamic and exciting market for property investment in the ASEAN region for 2016. A recent Property Report Congress, organised by Ensign Media in Singapore saw Vietnam judged most likely to perform best during 2016. Since 1 July 2015, foreign individuals and companies are able to buy and own residential property which has contributed to...
Read MoreCamhomes Unveils D’Seaview
CAMHOMES has unveiled its first housing project in Sihanoukville, Cambodia’s most popular tourist destination. D’Seaview is an executive condominium project located near Sokha Beach which will occupy a land area of 9818 sq. metres and have a total of 735 residential units, comprising 250 one-bedroom, 299 two-bedroom, 184 three-bedroom and two duplex units. Prices will start from $33,000 per uni...
Read MoreHLH Invests in Preah Sihanouk Land
Singapore-based agriculture and property group HLH Group has acquired a 30 percent interest in two plots of lands in Cambodia through its subsidiary. Purchased for $2.8 million the plots are located at Preah Sihanouk Province with sizes of 4,295 sqm and 5,427 sqm respectively. In a filing, HLH said the purchase was negotiated on a willing-buyer-willing-seller basis, accounting for the location ...
Read MoreFirst-Time Investment Property Buyer?
Stepping up to purchase your very first investment property represents a large financial commitment, and is probably one of the first major financial risks you will take in your life. So, how do you ensure you are not buying a lemon when looking for your first investment property? Here is the right start, from Realestate.com.kh: 1. Do you know your own strategy clearly? The basis of a suc...
Read MoreCambodia’s First Exclusive Smart Villa Lifestyle
Phnom Penh City Centre was conceptualised to transform Phnom Penh’s city landscape into a modern business and leisure hub with world class infrastructure and amenities. The development will create opportunities for the growth of commerce, culture, arts, and sports. Setting a benchmark standard for future sustainable and smart developments, Residence 90 is Phnom Penh City Centre’s first project ...
Read MoreBonna Report Shows Booming Sen Sok
Real estate development in Phnom Penh’s Sen Sok district in the capital’s northwest is booming, according to the Q3 2015 report by Bonna Realty. As the report points out, condominiums and apartments are usually built within the boundaries of the CBD and are targeted at international customers, while Borey developments tend to be outside the CBD and aimed at the Cambodian market. Given its lo...
Read MoreCross-border Property Investment Highest Since 2008
According to CBRE, cross-border property investment in Asia accounted for 36 percent of total turnover year-to-date, showing a 36 percent quarter-on-quarter rise to $10.6 billion, the highest total recorded since 2008. Ada Choi, Senior Director, Research, CBRE Asia Pacific, commented, "the region's investment environment saw solid activity this quarter driven by renewed interest from western in...
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