Malaysian-based Mall Set to Open
International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall opens for business in early 2018. Initially called Parkson and later formally named Phnom Penh Mega Mall, the newly developed 11-storey shopping mall is about 200 meters from the Techn...
Read MoreAmusement Park to Boost Peng Houth
The Peng Houth Group has announced plans to invest USD60 million in the construction of an international-standard amusement park to further bolster their market-leading position and interest in its developments. Planned to span 8 hectares on its sprawling development on National Road No.1, the amusement park will include a conference hall and wedding hosting facilities. The park will be divided...
Read MoreSea Gate Surfing Coastal Wave
Sea Gate, a luxury condominium development on the coast in Sihanoukville has begun to sell units as the area attracts increasing interest from overseas investors. Cambodia’s coastal areas have seen a spike in investor sentiment in recent years, especially from Chinese buyers who are pouring resources into the area. Multiple luxury condo developments are reflecting this trend with construction u...
Read MoreMortgages for Purchasing Real Estate in Cambodia
As Cambodia is expected to sustain strong economic growth in the coming years, many buyers are confident in buying properties such as a home or are considering purchasing property for investment or as a second home. Mortgage facilities from banks for foreign purchasers help those buyers unable to put down 100 percent of a unit's asking price and many of them are taking out mortgages to finance the...
Read MoreLuxury Villas for Kirirom
Luxury residences in the mountainous forests of Kirirom are soon to become a reality following the announcement by A2A Town Cambodia that it has invested USD20 million in developing weekend getaway properties at the VKirirom Resort. After first breaking ground at the end of 2016 with 40 villas on offer, the properties have been especially popular with Japanese who have represented 60 percent of...
Read MoreFirst Large-scale Wholesale Outlet Opens Doors
Shopping lovers in Cambodia will experience the Thai-shopping style thanks to the opening of Makro, the first branded wholesale hypermarket in Cambodia. Thai-based Makro, the first large-scale wholesale supermarket in Cambodia, formally opened for its business on 17 December 2017. Siam Makro, which operates the super mart in Thailand, is now seeking further business opportunities to expand i...
Read MoreNew Residential Projects Favored by Cambodian Investors
The residential condominium market in Phnom Penh is almost completely dominated by foreign buyers, but some of the hottest-selling upper-end developments in Phnom Penh, like Bodaiju Residences and The Peak, are attracting strong interest from Cambodian buyers. Since their launch, around 60 percent and 50 percent of buyers respectively to date are Cambodians. “There is still positive demand for ...
Read MoreProperty Investments in Condominium or Office Spaces in Cambodia
Cambodia continues to be an attractive real estate investment destination and the country has emerged as one of the key real estate investment hubs in the Southeast Asian region thanks to its geographic advantages. It’s attractiveness in the eyes of foreign corporate investors to date has been the lack of any significant risk to hold them back. Taiwan and Singapore remain the main source of key fo...
Read MoreThe Prospects of Strata-title Office Developments
Strata-title property is where individual units are sold by the end-users or investors. Lately there has been growing interest from yield-driven investors looking for an alternative to investing condominium units by investing in office buildings. In the past, the market has seen almost no strata title office units launched while several thousand new residential condominium units have been made ...
Read MoreSouthern National Road 5 to Spend Over Usd246 Million Upgrade
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Read MoreHome Fitness Considerations
Today home fitness is a sophisticated industry with many layers of designs, manufacturers and categories of equipment. In general, the industry’s offerings are divided into price sectors and consumer sophistication sectors. The regional leader specialising in the design, development, equipment supply and installation of International standard sports and recreation facilities in Southeast As...
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