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ខ្មែរ Property Focus
What New Condominium Developers Should Know
- 8 January 2016
As condominium developments mushroom across Cambodia, many existing and new property developers are finding their fortune in this small-but burgeoning and prosperous market. Despite its potential, investing in this style of multi-storey building with various owners is very risky for inexperienced and novice developers, experts warn. Industry experts spoke at a condominium development seminar...
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Asian Boom for the Philippines
- 31 December 2015
The Filipino property market remains strong due to the sustained growth of the Philippines as well as the impending ASEAN integration, according to a report by Pinnacle Real Estate Consulting Services Inc. The office sector is robust due to high demand, low vacancy, increasing rents, and upcoming supply. The residential sector is seeing diversifying supply, successive sales, and expanding renta...
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Asian Floating Cities by 2020?
- 31 December 2015
Floating cities may be the next big thing for ASEAN real estate according to The Seasteading Institute which is seeking a location for operation by 2020. The current economic growth in ASEAN means countries like the city-state of Singapore, or the coastal cities of Bangkok and Indonesia, could play host to the floating cities. With many Asian coastal cities threatened by rising sea levels an...
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Century Developing Philippines Super-resort
- 31 December 2015
Real estate firm Century Properties Group Inc is investing over US$452 million in an integrated resort project in the Philippines. The firm has signed a deal to acquire 56 hectares of property to develop a beachfront development lifestyle destination in San Vicente, Palawan province Palawan province is well known tourist spot with island and beach resorts. It is the site of the Puerto Prince...
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Century 21 Launch New Real Estate Tools
- 31 December 2015
Having already franchised 15 real estate offices in Cambodia, Century 21 Cambodia, a subsidiary of the U.S.’ largest real estate firm Century 21 has unveiled new services to help its affiliated offices, agents, and clients. Showroom Pro is one of its new core services that provides consultation on showroom setup for developers, including the training for staff and establishing sales strategies....
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Leopalace21 and Nuri Break Ground on Japanese-style Apartment
- 31 December 2015
Image Pers, a Japanese luxury serviced apartment developed by Japanese real estate firm Leopalace21 will be introducing a Japanese living style to Cambodia’s growing accommodation market when construction is complete in two years. Breaking ground on 10 April, the US$15 million 14-storey fully-serviced apartment development will feature 48 units together with a wide range of amenities set on 802...
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Century 21 Ratanaka Realty Officially Opens
- 31 December 2015
March 11 2015 marked the soft launch of Century 21 Ratanaka Realty, a real estate firm owned by Cambodians that serves Cambodians and applies international standards. Initiated in July 2014, Ratanaka Realty is franchised, via an agreement signed by its parent company Ratanaka Broker Group, from Century 21 Cambodia, a subsidiary of the global real estate agency Century 21. Although a newcomer...
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Phnom Penh Stars Property Performer
- 31 December 2015
Knight Frank Property Indexes show strong property performance by Phnom Penh as Cambodia’s economic growth continues. Knight Frank’s Prime Asia Development Land Index reflected a generally positive land market in the region. Helped by improvements in several markets, the land price index for office sites grew 2.7% in H2 2014, faster than the 2.3% increase seen in the previous six months. The gr...
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Singaporeans Show Appetite for Condo Project
- 31 December 2015
CBRE Cambodia is part of a global network of 372 CBRE offices in 44 countries which support one another with research, data and investors. However the specific collaboration between CBRE Singapore and CBRE Cambodia on the ‘AXIS Residence’ development is a testament to the changing nature and growing significance of the Cambodian real estate market in Singapore and across the Asia-Pacific Region. ...
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The Mekong Royal Opens 2nd Plan With 70% of First Project Sold
- 31 December 2015
After 70% of its second plan were sold out, The Mekong Royal launched its second project in early May this year to introduce a luxury living environment to its Cambodian customers. Developed, designed, and constructed by Cambodian developer, Mekong Phnom Penh Development Corporation, The Mekong Royal’s first project is situated along National Road No. 6 in Chrouy Changvar district’s Prek Leap c...
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