English 
ខ្មែរ 
Government Announces Water Taxi Service
In an effort to provide alternative transport routes to overcome the capital’s traffic congestion and provide improved links between the capitals suburban areas, the government has announced plans to launch a water taxi service. At the recent IBC Business Summit, Minster of Public Works and Transport and Senior Minister Sun Chantol told key business leaders that the government needed to utilise...
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White Building Residents Hold Out for Cash
Many residents in Phnom Penh’s dilapidated White Building appear eager to sell their properties for cash rather than wait for the land to be redeveloped despite the advice of the Ministry of Land Management, Urban Planning and Construction (MLMUPC). After years of rumours surrounding the iconic property, the MLMUPC announced in October 2015 that it planned to work with a developer to build a 21...
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Real Estate Investment Incentives in Cambodia
Investing in Cambodia offers some of the most attractive incentives in the region. However, only projects over a certain size can apply for Qualified Investment Project (QIP) incentives. A Qualified Investment Project (QIP) is an investment project that has received a final registration certificate. To be admitted as a QIP, the investor has to first register the investment project with the Coun...
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VTRUST Tower Opens to Tenants
VTRUST Tower, a 15-storey office building with about 18,000 square metres of high-end leasable area has opened for occupation. Officially launched on 17 February, the uniquely-designed building dedicated to high grade office space is located along Czech Republic Blvd within Phnom Penh’s bustling commercial hub. It has been developed and is operated by VTRUST Group, one of Cambodia’s leading fac...
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Phnom Penh’s High-end Condominium Market STRUGGLES
High-end condominiums are rapidly rising in the premium areas of Phnom Penh, among which the most popular are Boeung Keng Kang 1 and Diamond Island. This trend has however resulted in a split property market and while Phnom Penh’s low-end condominium market remains bullish, the high-end market is struggling amid the risk of oversupply. For property developers, it is right to say that by shif...
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Cambodia’s Retail Market: a Competitive Frontline
Cambodia is seen as one the most dynamic and attractive retail markets in South East Asia thanks to strong economic growth and a rising middle class. Over the last year domestic retailers have been facing growing pressure from an increasing number of foreign competitors. The retail market in Cambodia has recently seen a wave of foreign investors from China and Japan, with possibly more from Mal...
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Casa Meridian Launches Lease-to-own Deal
In line with the maturing market and the need to attract new kinds of investors, the luxury Casa by Meridian condominium has launched a lease-to-own initiative for the first time in Cambodia. The lease-to-own plan allows a person, family or business to lease a space first for three years and enjoy growing their family or business from there. After the three years, they can exercise the option t...
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Singapore Masterminds New District
Planning for an exclusive new district in Singapore is being led by Dutch company KCAP Architects & Planners according to the Singapore Urban Redevelopment Authority (URA). A mixed-use masterplan is being developed for the “Lakeside Gateway” area in Jurong Lake District, linked to the new terminal of the Kuala Lumpur high-speed line. The plan focuses on creating a “district of the future...
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Capitaland Goes Grade a in Vietnam
CapitaLand, one of Singapore’s leading property developers, has purchased a site to build its first international Grade A office tower in Ho Chi Minh, Vietnam. CapitaLand Vietnam has acquired a 0.6-hectare site in District 1 to construct 1 240 metre high premium office facility and will utilise USD500 million fund it has dedicated to the Vietnam market. “The acquisition and development of ou...
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ពានរង្វាន់អចលនទ្រព្យម៉ាឡេស៊ីកំពុងបន្តទៅមុខ
ការតែងតាំងបេក្ខភាពសម្រាប់ពានរង្វាន់អចលនទ្រព្យអាស៊ីប្រចាំឆ្នាំលើកទីបួន (ម៉ាឡេស៊ី) បានបើកទទួលអ្នកចូលរួម ដោយអ្នករៀបចំកម្មវិធីរំពឹងថានឹងទទួលបានជោគជ័យ យ៉ាងអស្ចារ្យលើសកម្មវិធីឆ្នាំមុន។ ពានរង្វាន់អចលនទ្រព្យអាស៊ី (ម៉ាឡេស៊ី) បានផ្តល់ពានរង្វាន់អ្នកអភិវឌ្ឍន៍ និងគម្រោងអចលនទ្រព្យល្អបំផុតសម្រាប់ប្រទេសដែលមានទីតាំងស្ថិតនៅក្នុងទីផ្សារអចលនទ្រព្យដែលបានបង្កើតឡើង និងកំពុងរីកចម្រើននៅទីក្រុងកូឡាឡាំពួរ ទីក្រុងប៉េណាំង ...
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Vietnam to build giant steelworks
A giant steelworks manufacturing complex is to be built in central Vietnam as part of a government plan to reduce the nation’s dependence on Chinese steel imports. Hoa Phat Group will build a USD2.7bn facility in Quang Ngai province with a total eventual capacity of 6 tons per year. The government plans to build 10 similar plants nationwide in an effort to offset the 18 million tons of steel th...
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Mega PPP scheme for Thailand
A mega 11 project infrastructure program worth USD20bn has been announced by the Thai government to be approved by its PPP (Public Private Partnership) committee in 2017. Three projects to extend the Bangkok metro are worth an estimated total of USD9.2bn, two high speed rail links from the capital to southeast coastal resorts are slated to cost USD7.5bn while a Suvarnabhumi airport rail link is...
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