English 
ខ្មែរ 
Phnom Penh Stars Property Performer
Knight Frank Property Indexes show strong property performance by Phnom Penh as Cambodia’s economic growth continues. Knight Frank’s Prime Asia Development Land Index reflected a generally positive land market in the region. Helped by improvements in several markets, the land price index for office sites grew 2.7% in H2 2014, faster than the 2.3% increase seen in the previous six months. The gr...
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Singaporeans Show Appetite for Condo Project
CBRE Cambodia is part of a global network of 372 CBRE offices in 44 countries which support one another with research, data and investors. However the specific collaboration between CBRE Singapore and CBRE Cambodia on the ‘AXIS Residence’ development is a testament to the changing nature and growing significance of the Cambodian real estate market in Singapore and across the Asia-Pacific Region. ...
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The Mekong Royal Opens 2nd Plan With 70% of First Project Sold
After 70% of its second plan were sold out, The Mekong Royal launched its second project in early May this year to introduce a luxury living environment to its Cambodian customers. Developed, designed, and constructed by Cambodian developer, Mekong Phnom Penh Development Corporation, The Mekong Royal’s first project is situated along National Road No. 6 in Chrouy Changvar district’s Prek Leap c...
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Sok Bon Reveals New Cvea Strategies
With less than a year before ASEAN Integration when Cambodia’s real estate industry will enter a new and uncertain phase, Sok Bun, the 4th President of the Cambodia Valuers and Estate Agents (CVEA) Association has revealed his 2-year strategy to promote the 8-year old association. His first priority is promoting CVEA’s reputation and activities through standardizing the association’s statutes a...
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Building and Fire Safety Seminar Q+a
Following the collapse of the supermarket construction in Phnom Penh in July, the promulgation of the Construction Code remains a priority. Britcham-IBC provided Construction & Property Magazine some further insights into why they organised the Building and Fire Safety Seminar with RICS earlier in the year. 1. What was the purpose of the seminar? To-date Cambodia still does not have a se...
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Ppwsa Signs Contracts to Build Cambodia’s Largest Water Treatment Facility
The Phnom Penh Water Supply Authority (PPWSA) has signed two contracts worth US$30 million for the construction (SAFEGE) and supervision (Vinci Constructions Grands Projets) of the Niroth 2 Water Treatment Plant. Niroth Water Treatment Plant was designed to be built in two steps. The first stage, “Niroth 1”, has been producing 130,000 m3 of potable water per day since January 2013. The construc...
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Diamond One Opens Sales Center
After construction kicked off over a year ago, the Diamond One condominium opened its sales center in August, targeting high-net worth Cambodians and foreigners seeking luxury residences. Worth $80 million, the condominium is being built by Chinese developer Xin Tian Jian (Cambodia) Real Estate Development which has a background in the mining business. The company has bought 8,700 square meters...
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Prime Minister Samdech Hun Sen Opens Stung Mean Chey Flyover
On 31 July, Prime Minister Samdech Hun Sen officially inaugurated Phnom Penh’s third flyover in Stung Mean Chey to reduce traffic congestion on the capital’s increasingly crowded roads. During the inauguration ceremony, PM Samdech Hun Sen evoked memories of a Phnom Penh without traffic not too long ago, but expressed his hope that, “the launch of the third flyover will respond to the traffic co...
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Toyoko Inn Opens With Plans for More Branches
After 31 months of construction, Japan’s largest economy hotel chain Toyoko Inn has officially opened its doors to welcome local and international guests. Located close to Diamond Island in Tonle Bassac Commune, the 23-floor hotel is a joint venture between Overseas Cambodian Investment Corporation (OCIC), Cambodia’s largest property developer, and Toyoko Inn Group. After breaking ground in ...
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Asean Brief
ASEAN’S TALLEST SKYSCRAPER PLANNED IN BANGKOK A 125-storey office and hotel tower is planned for Bangkok which would make it home to the tallest skyscraper in Southeast Asia. The US$560 million, 615-metre 320,000-sq-meter "Rama IX Super Tower" is scheduled to be completed by 2019. Developed by Grand Canal Land and designed by Architects 49 Ltd, the mixed-use project will offer 90,000 sq mete...
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Gaining Skills to Mitigate Construction Risks
Construction projects are a high-risk endeavor from start to finish. While world construction activities are estimated by CNBC to accelerate by $6.3 trillion, or 70 percent, by 2025, boosted by massive projects especially in Asia, risks and disputes in construction projects are getting more complicated as well. To maximise profit and ensure the projects they handle are completed on time and wit...
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Envisioning Urban Development
The first time I arrived Phnom Penh, I was shocked by some buildings’ designs which had been copied from other countries, and it made me feel like this country’s originality was missing. Many condominiums have been developed very fast but the developers’ priority is often only selling with the essence of quality second. By seeing the only the value as an investment property, residential propert...
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