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ខ្មែរ 
Chip Mong Sign Hyatt Deal
The Chip Mong Group has entered into a management agreement with the Hyatt Hotel & Resort to build and operate a five-star Hyatt Regency hotel in the centre of Phnom Penh, according to a press release from the hotel group. Hyatt Hotels Corporation announced that a 250-room hotel would be built “across from many of the city’s most popular tourist attractions, including the National Museum an...
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Developer Puts The Bay on hold
The developer behind the award-winning USD500 million The Bay condominium on Chruoy Changva has announced that is putting the residential part of the project on hold. TEHO International Co Ltd, the Singaporean parent company of The Bay’s developer and marketing firm, announced in September that the decision to suspend residential construction was due to its concern that there were too many cond...
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Royal Bayview Aims for Independence Beach
While many new property developments have crowded Phnom Penh and its vicinity, Royal Bayview has distinguished itself from the crowd by developing only at one of Sihanoukville’s premier beach locations, specifically designed for residents who love coastal scenery and fresh sea air. Located at Independence Beach, which is one of the best natural beaches in Sihanoukville, the project is to be bui...
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Market Opportunities & Potential : Luxury Retail Market in Cambodia
Retailers are pursuing new growth opportunities; they are eyeing countries new to modern retailing and customer segments hungry for specialty products, with a reasonable level of local demand. The luxury retail market in Cambodia is relatively new. Despite its small size, the country has seen a rise in the premium segments and become the new playground for big name retailers. Wealthy consumers ...
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Investing in Branded Residences
Buyers all over the world are looking for interesting real estate opportunities. Over the years, the branded residence sector has continued to intrigue developers and real estate investors in Southeast Asia. Here in Cambodia, the market forbranded residences is relatively small but expanding. The number of hotel operators offering branded residences has been gradually increasing over the last 1...
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Phnom Penh Market Flooded by Smaller Condo Units
Traditionally, Cambodians prefer property at ground level. However, the increased security and lower maintenance costs of condominiums is causing their attitudes to shift. The real estate market in Phnom Penh is going through a very big shift with significant focus on condominiums and serviced apartments, with fewer office buildings and hotels, and a limited number of retail centres being built...
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Ta Khmao’s Condo Towers to Break Ground in 2018
Construction of the luxury twin condominium towers of Center City Takmao complex will kick off in early 2018, following the completion of the commercial shop houses and other commercial buildings in late 2017. Located just 15km south of Phnom Penh along the Tonle Bassac riverfront, construction on the USD150 million complex has sped up on its 68 commercial shop houses which has resulted in over...
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Garden Taking Root in Modern Lifestyles
As lifestyles and living environments become ever more sophisticated, Sokea Garden aims to be the leading local botanic decoration expert working to international standards. Maslow’s human need theory argues that after fulfilling their basic needs such as shelter, food, and clothes, people seek comfort and entertainment and a similar trend can now be seen emerging in Cambodia as increasingly af...
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Generating Positivity for the Real Estate Market
Many people are feeling the pressure and fearing for a collapse of the real estate industry in the near future. This fear is not necessary. Being careful and considering before investing or buying real estate is not a bad thing, but even when the market is strong you should still do the same. One thing is sure: we need housing for an ever growing population in the world as well as in Cambodia. ...
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3rd CCA Building Expo to be Hosted on 1 – 3 December
The 3rd Cambodia Construction Industry Expo 2016, which will showcase dozens of leading global and local building and property brands, is scheduled to be hosted on 1-3 December, 2016 at Phnom Penh’s Diamond Island Exhibition and Convention Center, Cambodia. Organised by the Cambodia Constructors Association (CCA, which represents constructors in Cambodia, the expo will feature some 300 booths a...
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Myanmar to host 42nd ACF Summit in November
After being admitted as the 8th member of the ASEAN Constructors Federation (ACF) earlier this year, Myanmar will chair the 42nd ACF Council Meeting in Yangon on 17-19 November 2016.a The Myanmar Construction Entrepreneurs Association (MCEA), which represents the building industry in Myanmar, is now preparing to chair the upcoming 42nd ACF Council in Yangon. The association’s admission into the...
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Pixelated Tower Now Thailand’s Tallest
A soaring 314m multi-use development in Bangkok’s CBD, dubbed the ‘Pixelated Tower’, has become the tallest building in Thailand. The 77-storey, 150,000 sqm MahaNakhon tower will host 200 serviced apartments, a retail centre with restaurants and cafes, a 150-room boutique hotel and a rooftop Sky Bar. It will also have a direct link to the Chongnonsi Skytrain station. According to the German ...
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