Sihanoukville to Be a Sister City in China
Chengtu governor of Sichuan province in China has scheduled for signing MOU over Sister City with Sihnoukville governor in the near future. According to Cambodian Ministry of Tourism announced early this month. …….(The full text coming soon)…..
Read MoreThe Different Forms of Rent Applicable to Commercial Leases in Cambodia
The commercial real estate market has growth significantly in recent years with the development of various commercial premises and the introduction or planned introduction of many international brands such as Shangri-La, Rosewood Hotels, Nike, Starbucks, Krispy Kreme, and Carl’s Jr. In this respect, it should be mentioned that there is no specific regulations covering commercial leases in Cambo...
Read MoreMLMUPC Warn to Buy Lands From Allotment Companies While Lawless Constitutes
Phnom Penh:... (Sorry, text coming soon)
Read MoreCapitaland Looks to Future With Alibaba and Lazada
Leading Singaporean property company CapitaLand is making agreements with two major e-commerce players in the real estate sector. Capitaland has entered into agreements to manage Alibaba’s Shanghai Center, which comprises four office towers and a retail podium, as well as with Lazada to launch an online mall.CapitaLand and Alibaba Group are looking to integrate their retail with offline and online...
Read MoreHome Ownership a Priority in Southeast Asia
A Regional Consumer Sentiment Survey by online property group PropertyGuru has shown that owning a home remains a high priority for citizens of major Southeast Asian nations. The September survey reflected the strong desire by consumers in Singapore, Malaysia, Indonesia and Thailand to purchase residential property with 50 percent of recipients intending to buy within the next six months. In...
Read MoreKoh Mak Beachfront on Offer
A slice of untouched beachfront on Koh Mak island in Gulf of Thailand near the Cambodian border has been put on the market as part of plans to attract more development to the slice of paradise. Just 16 square kilomeres in size, Koh Mak is surrounded by 50 other secluded islands in a radius of just 20km. Award-winning villa developer Siam Royal View Group (SRV) has announced plans to sell 430...
Read MoreHcmc Ghost Tower Repossessed
A notorious uncompleted tower project in Ho Chi Minh City, Vietnam has been repossessed by creditors amid claims that over USD300 million in debt has been accrued by investors. The Saigon One Tower in the city’s District One area has stood empty since 2011 following a local property market crash. Construction on the “Ghost Tower” as it has become known began in 2007 and work on the 195m, 41-sto...
Read MoreSingapore Tower Sold for Usd1.5bn
A transaction between two of the largest players in Asian real estate has seen Asia Square Tower 2 has been sold in Singapore for around USD1.5 billion, the second largest sale of an office building ever in the city-state. CapitaLand Commercial Trust agreed to buy Asia Square Tower 2 BlackRock Inc.’s from Blackrock in a deal which was funded by a rights issue of about USD513 million and bank bo...
Read MoreMyanmar Condo Rentals Take Fall to Houses
Rentals of condominiums to foreign tenants have taken a fall in the first half of 2017 as the market becomes saturated and the renters increasingly seek detached houses. Condo rental transactions have fallen by ten percent in 2017 according to a report in the Myanmar Times. Demand for rentals from foreigners and families is shifting to detached homes which can usually rent for between USD3,000 ...
Read MoreSiem Reap’s Largest Mall to Open in 2018
Siem Reap’s largest mall and entertainment centre is set to open on a 1-hectare site in the centre of the city in 2018. The Heritage Walk is 40,000 square metre multi-storey development located on National Road No.6 that will feature covered and open-air retail space with 100 shops, restaurants, coffee shops and a cinema. The facility is expected to become a popular tourist attraction with loca...
Read MoreNation’s Biggest Sez Set to Expand
The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road ini...
Read MoreHow to Choose an Office Space
When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the ...
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