Established Home Vs. New Development: What Is The Best Bet For A New Home Buyer?
What are the pros and cons of purchasing an established home versus an off-the-plan home? Although there are great things to be said about buying an off-the-plan home, for example a new borey home in the suburbs or a condo unit in a down town new development, that option generally works better for people with more means than your typical first time home buyer. For most first time buyers, the...
Read MorePanel Prioritises Ethics, Standards in Valuation
The International Business Chamber (IBC) and the Royal Institute of Chartered Surveyors (RICS) hosted a business luncheon on Tuesday 19 April focused on the topic of valuation of property in Cambodia and addressing the current gaps. Panelists at the event included Salim Aslam, ASEAN manager of RICS, Kim Heang president of the Cambodian Valuers and Estate Agents Association (CVEA), and Ross Wheb...
Read MoreSmall Sub-Plots Pose Investment Risk
With a rapid boom in land subdivision business nationwide, industry insiders have warned that confined plots without adequate property infrastructure will only be left undeveloped. Today hundreds of land division projects are being developed by local land sellers, especially in Phnom Penh’s rapidly developing and expanding outskirts in Dangkor, Por Senchey, Mean Chey and Chroy Changvar district...
Read MoreDOUBLING UP: UPGRADES INCREASE AIRPORT CAPACITY
The double-digit growth in air passenger traffic in Cambodia has led to an upgrading of the nation’s current international airports. To absorb ever-increasing passenger numbers, new and enhanced facilities at Phnom Penh International Airport (PPIA) and Siem Reap International Airport (REP) were inaugurated in mid-March after plans were first initiated in 2011. With an expansion plan already ...
Read MorePM CANCELS AIRPORT EXPRESSWAY
Hope among the public and transport officials for a fast commute between downtown and Phnom Penh International Airport on a new elevated expressway has vanished after Prime Minister Hun Sen cancelled the proposed expressway development in April. Speaking at the inauguration of the new City Hall administration building on 4 April, the prime minister explained that the decision to cancel the plan...
Read MoreEUROCHAM, CCA TO HOST 1ST CONSTRUCTION FORUM
The European Chamber of Commerce in Cambodia (Eurocham) and the Cambodia Constructors Association (CCA) will be hosting their first Construction Forum on the theme of ‘Occupational Health and Safety and Worksite Safety’ on 6 May at the Sofitel Phnom Penh Phokeethra. Attendees will hear from industry leaders about the latest standards and procedures to manage health and safety risks in the const...
Read MoreCCA Hosts Quarterly Members Reunion Party
With the common aim to strengthen business relationships among its members, the Cambodia Constructors Association (CCA) hosted its quarterly business networking party which was attended by over 200 local and international executives from its 113 member companies and invited guests. The friendly dinner party hosted in March 2016 at Tonle Bassac II restaurant provided a backdrop for representativ...
Read MoreACF to Host 41st Council Meeting
The Secretariat of the Cambodia Constructors Association (CCA), which is a member of ASEAN Constructors Federation (ACF), would like to inform all member companies that the ACF will hosts it 41st Council Meeting on Friday 3 June, 2016 in Bangkok, Thailand. Jointly organised by the ACF and the Thai Contractors Association (TCA) under His Majesty the King’s Patronage, the council meeting plans to...
Read MoreSri Leading the Fight Against Fire
color:windowtext">Intergrated Solution Steel Recon Industries (SRI) is a Malaysian company offering a comprehensive range of fire-fighting products, equipment and technology solutions worldwide since 1974. SRI is wholly-owned by the SRLL Group with a vast network of over 70 distributors spanning across Asia Pacific, the Middle East, Europe, Africa and the Americas. Our innovative product ...
Read MoreNew Minister Promises Strong Action
Issues related to urban planning, land titling, land disputes, construction investment and other matters concerning the construction and property industries are expected to be given more impetus and priority after the appointment of H.E. Chea Sophara as Senior Minister and Minister of Land Management, Urban Planning and Construction in April. Appointed as part of a cabinet reshuffle in the midd...
Read MoreInovar Floor – Longer Life, Lasting Impressions
Inovar (Cambodia) Pte. Ltd. has been operating in Phnom Penh since March 2014. Being a direct factory outlet, it supplies quality laminate flooring straight from its factory in Malaysia providing a solid manufacturer’s warranty. Established in 1996, Inovar Floor is the pioneer in the laminate flooring industry in Asia and its production facilities are equipped with European technology. Made from t...
Read MoreBuildtech to Showcase Booming Myanmar
Build Tech Yangon 2016, Myanmar’s largest building and construction trade show will be held for the third year running in May with an expanded focus reflecting the country’s booming construction sector. Hosted on 26-28 May at the Myanmar Convention Centre, organised by Sphere Exhibits, a subsidiary of Singapore Press Holdings (SPH), and co-organised by the Myanmar Construction Entrepreneurs Ass...
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