The Era of Sustainable Design Arriving in Cambodia?
This scenario is a nightmare for many building owners and operators, and is all too common in Cambodia. But through modern architectural design concepts there is a way around the pitfalls. Many architects believe that sustainable design - an environmentally friendly architectural standard - can help building owners avoid bad news and headaches after construction. Sustainable design refers to a ...
Read MoreTous Saphoeun: Driving Quality in Cambodia’s Architecture and Urbanism
H.E. Tous Saphoeun, 42, Deputy Secretary General of Board of Architects Cambodia (BAC), specializes in architecture and urban planning. Holding three significant positions, he started off small and rose rapidly in his specialty. He sat down with Construction & Property Magazine to talk about how he get to where he is today and his significant roles in this field. A few decades ago, a young ...
Read More111-floor Twin Towers ?unlikely?
After news of a proposed 111-storey twin tower development went viral in early July, the whole country has been waiting to see if this Chinese-Cambodian joint venture would get the green light. However, City Hall spokesman Long Dimanche told Construction and Property Magazine that it is unlikely that the government will accept the proposal to build the nation’s tallest skyscraper on the current...
Read MoreTragedy in Por Sen Chey
The partial collapse of a supermarket construction site in Por Sen Chey killed one worker and injured two others on 15 July. The incident occurred at around 08.20am shortly after work had been completed on smoothing the concrete first floor. A large section of the still-wet floor then collapsed, trapping the three men below. Construction at the site, operated by the Thouen Sokha Group, was i...
Read MoreKorea Introduces Construction Management
Cambodia has been applauded for double-digit growth on construction projects over the last three years. Investment in construction projects soared 46% from 2010 with 2,125 projects worth $1.2 billion to 1,641 projects worth $2.1 billion in 2011. 2012 saw an increase of 72% over 2011 to 1,694 projects worth $2.8 billion, with 2013 seeing 31% growth compared to 2012. In the first five months of t...
Read MoreAsian Boom for the Philippines
The Filipino property market remains strong due to the sustained growth of the Philippines as well as the impending ASEAN integration, according to a report by Pinnacle Real Estate Consulting Services Inc. The office sector is robust due to high demand, low vacancy, increasing rents, and upcoming supply. The residential sector is seeing diversifying supply, successive sales, and expanding renta...
Read MoreAsian Floating Cities by 2020?
Floating cities may be the next big thing for ASEAN real estate according to The Seasteading Institute which is seeking a location for operation by 2020. The current economic growth in ASEAN means countries like the city-state of Singapore, or the coastal cities of Bangkok and Indonesia, could play host to the floating cities. With many Asian coastal cities threatened by rising sea levels an...
Read MoreCentury Developing Philippines Super-resort
Real estate firm Century Properties Group Inc is investing over US$452 million in an integrated resort project in the Philippines. The firm has signed a deal to acquire 56 hectares of property to develop a beachfront development lifestyle destination in San Vicente, Palawan province Palawan province is well known tourist spot with island and beach resorts. It is the site of the Puerto Prince...
Read MoreCentury 21 Launch New Real Estate Tools
Having already franchised 15 real estate offices in Cambodia, Century 21 Cambodia, a subsidiary of the U.S.’ largest real estate firm Century 21 has unveiled new services to help its affiliated offices, agents, and clients. Showroom Pro is one of its new core services that provides consultation on showroom setup for developers, including the training for staff and establishing sales strategies....
Read MoreLeopalace21 and Nuri Break Ground on Japanese-style Apartment
Image Pers, a Japanese luxury serviced apartment developed by Japanese real estate firm Leopalace21 will be introducing a Japanese living style to Cambodia’s growing accommodation market when construction is complete in two years. Breaking ground on 10 April, the US$15 million 14-storey fully-serviced apartment development will feature 48 units together with a wide range of amenities set on 802...
Read MoreCentury 21 Ratanaka Realty Officially Opens
March 11 2015 marked the soft launch of Century 21 Ratanaka Realty, a real estate firm owned by Cambodians that serves Cambodians and applies international standards. Initiated in July 2014, Ratanaka Realty is franchised, via an agreement signed by its parent company Ratanaka Broker Group, from Century 21 Cambodia, a subsidiary of the global real estate agency Century 21. Although a newcomer...
Read MoreLighthouse Club Starts Health and Safety Award
Mr. Collin Rogers, 75, President of Lighthouse Club Cambodia addresses the health and safety issues in Cambodia’s construction sites. Do accidents just happen? Very rarely. Most are caused by human error or by failing to take proper precaution by using safety equipment. Why? There are two main reasons, the first being expediency, and the second employer greed. The first, in the rush to achie...
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