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ខ្មែរ 
Cambodia’s Construction Industry Booms
Cambodia’s construction industry continued to boom in the first half of 2017 according to statistics released by the Ministry of Land Management, Urban Planning and Construction (MLMUPC) in July. The industry saw an increase of 28 percent over the same period in 2016 with 1,523 new projects approved between January and June 2017. The MLMUPC gave a total value on these H1 2017 approved projects ...
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The Condo Market in Cambodia… Where Do We Stand?
We can all see that the city is full of construction sites, with a majority of them condo projects. This represents a big step forward and a huge change for a new lifestyle in Cambodia. Many people say it will need time for Cambodian people to get used to this new way of living and the main concern is who will buy these condo units. Most of the projects are in the inner city, out of reach for m...
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Malaysia Property Awards Winners Announced
The PropertyGuru Asia Property Awards held its fourth celebration of the best in real estate in Malaysia in August. The prestigious awards ceremony showcases the very best property projects in each host nation before hosting the glittering gala celebration where the best projects in Asia compete for the top prizes. Twenty-one award categories were presented at the Malaysia round and Selangor...
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The Palm Spreads Its Leaves
Oxley WorldBridge has announced that sales are soon to commence on their latest residential project called The Palm. In a departure from the high-rise downtown condo towers which have characterised the previous two joint ventures between WorldBridge Land and Oxley, The Palm is a large scale luxury villa development located on National Road 1. Situated on a 3.6 hectare site in Chbar Ambov dis...
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Peng Houth to Open Mall in 2019
Award-winning property developer Borey Peng Huoth has announced plans to open a shopping mall in 2019. In a move away from its traditional portfolio of only building gated residential communities, the company will be integrating the Diamond Plaza retail centre into a new mixed-used project called The Star Diamond. Located within a 2.4 hectare site in Chak Angre Krom commune, Phnom Penh, the two...
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Myanmar Facing Housing Shortage
Myanmar’s recent economic growth has focused attention on its future housing needs amid fears of a medium term shortage. At a recent property event hosted by the property portal House.com.mm, the Housing Development Department of the Construction Ministry announced that it planned to develop 8,000 homes per year. However, with an estimated 4.8 million homes required by 2040, this figure only...
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Malaysian Property Investment Company Eyes Cambodia
A leading Malaysian-based property investment consultancy company has announced its intention to expand its operations into the ASEAN market, including Cambodia. The executive chairman of Rahim & Co International told the Malaysian newspaper the Sun Daily that the company intends to open at least two or three branches in the next five years. Key target markets included Cambodia and Vietnam,...
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First Cambodian Developer to Go ASEAN
WorldBridge Group is the first Cambodian-based firm to reveal an ambitious vision to operate across ASEAN markets. After strengthening its local base with a comprehensive range of business ventures, the conglomerate has already started to make some of its services available in the ASEAN region with plans to expand further. To date, the group has already expanded into Laos and Myanmar and recent...
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Real Estate Finance, Investment Analysis, Valuation & Modelling
Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner. This has not always been available, with the result that a large percentage of real estate has been built or bought without the necessary understanding or planning to underpin decision making. The consequence of thi...
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Prime Locations Keep Allure for Investors
Land in prime locations is becoming scarce in Phnom Penh. As a result, developers are turning to other new locations. Boeung Keng Kang 1 and Diamond Island continue to remain the most desirable locations for luxury condominiums, with riverside areas of Chroy Changva emerging as a new high-end site. Location is not the only factor that brings up the price premium. In real estate, a top location ...
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The Trend of Penthouse Living in Phnom Penh
Due to the limited supply of condominium buildings in the past, there used to be only a handful of penthouse units available in the market. But new projects today are offering more penthouse units. The average size of penthouses ranges from 300 to 500 square metres. Unlike typical condominium units where demand comes from a combination of buy-to-let investors, end-users and speculators, demand ...
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Cambodia Property Awards 2018 Take off
The nominations for the Cambodia Property Awards 2018 are now open for developers and the general public until 5 January, while entries are accepted until 12 January 2018, according to the awards’ 21 June press release. Organised by Asia’s foremost online property company PropertyGuru Group, the PropertyGuru Cambodia Property Awards is part of the regional Asia Property Awards program which was...
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