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ខ្មែរ 
Myanmar Gov Scraps 5 Property Developments
The Myanmar government has scrapped five planned real estate developments in Yangon following protests by nationalist monks at their proximity to Shwedagon Pagoda, the nation’s holiest Buddhist site. The decision, which was read out on national television on 6 July, included the cancelling of the $300m, 22-acre Dagon City One project; the highest-profile of the five. Announced in 2014, the 7...
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CVEA Signs Mou to Sell 4 Major Projects
After granting the rights for its members to sell units in the The Bay project, the CVEA has brought a further three large-scale projects to its members to sell. In an MoU dated 26 June, the Cambodia Valuers and Estate Agents (CVEA) Association provided rights for it 80 member agencies to sell units in TK Royal One, CA&SA, and AXIS Residence condominiums. The MoU means that any real esta...
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Singha Starts Ambitious $530m Growth
Thailand’s Singha Estate PCL, the property arm of Singha Corporation, plans three acquisition deals, worth at least 18 billion baht (around $530 million), during this year. In 2016, the company’s revenue is expected to surge to 6 billion baht and it plans to launch four new projects – three condominiums and one housing project. Max Future Co, a subsidiary of Singha Estate PCL, acquired the 4...
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Thai Property Sees Surge in Chinese Buyers
According to Juwai.com's Chinese Purchasing Intent Index for Thailand, the rate of Chinese investors buying property in Thailand has surged 180 percent in the last year. By comparison, the combined Purchasing Intent Index for the five most popular countries with Chinese buyers in the second quarter of 2015 (the US, Australia, the UK, Canada, New Zealand) rose just 37 percent. Average prices ...
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Asia Pacific Retail Leasing Static in Q2
According to CBRE's latest research, overall retail leasing activity in Asia Pacific in Q2, 2015 remained static, with the exception of Tokyo, where activity was robust. Dr. Henry Chin, Head of Research for CBRE Asia Pacific noted that, "This quarter, the retail sector in Asia Pacific recorded slower rental growth as retailers showed caution around expanding in this region. Groups entering new ...
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Meng Leng Eav and Nkk Celebrate 20 Years of Partnership
2015 marks the 20th anniversary of Meng Leng Eav Co., Ltd supplying NKK grinding and cutting disc products to Cambodian market. Meng Leng Eav first began researching NKK products, manufactured by Thailand-based Fusan International using Japanese technology, in 1995 before being a registered company. In 1997, the company won the exclusive dealership rights to the Cambodian market for the brand. ...
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The Need for Fire Safety Standards
Paul Hurford, Managing Director, Azisafe Cambodia is advancing very quickly in the way we construct buildings, the size of these building and the materials used in this construction. However, are we looking at the effect these advancements have on the safety of those that occupy these buildings? You don’t have to be an expert to know that the bigger the buildings are, the more people they wi...
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3rd CCA Summit and 1st Large-scale Expo a Resounding Success
The Cambodia Constructors Association (CCA) successfully organized its 3rd annual summit on 3-5 December and also organized a very large-scale building expo to showcase the latest building products, technologies and properties on the market. Hosted at the Diamond Island Exhibition and Convention Center in Phnom Penh the 3rd Cambodia Constructors Association Summit and Cambodia Construction Indu...
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Future Vision: Planning Mass Transit in Phnom Penh
Congestion, traffic jams, and gridlock are becoming familiar, time-consuming daily experiences for Phnom Penh’s residents. Despite the government’s efforts to ease the problem through the construction of flyovers, tunnels and widened roads, and a limited public bus service, many architects and urban planners are increasingly advocating the implementation of a more comprehensive plan as the only su...
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Movable Machinery Supplied By CCA Members
PTS Group The Branch of P.T.S Group Co., Ltd, that joined CCA in 2012 after opening operations in November 2011, are one of the leading machinery distributors in Cambodia. It is an exclusive distributor of heavy construction and agriculture machinery as well as integrated services. For heavy construction equipment, PTS distributes Japanese brands including KOBELCO Hydraulic Excavators, SAKAI Ro...
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World-class Sanitary Ware Brand Arrives in Cambodia
July 2015 marked another milestone for the Cambodian market when it welcomed E.C.A Serel, the world-class quality and eco-friendly sanitary ware brand which has been attracted to invest by the kingdom’s double-digit building boom growth. Solely distributed by Soma Trading a subsidiary of Soma Group, the company supplies a full range of high-quality sanitary ware from middle to high-end products...
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Zaha Hadid Unveil Sleuk Rith Institute Design
World renowned, award-winning UK architect Zaha Hadid has unveiled her company’s design for the Sleuk Rith Institute which will house the archive of the Documentation Center of Cambodia and function as a centre for the research of genocide. The Baghdad-born architect’s design takes inspiration from the towers of Angkor Wat with five wooden structures rising from surrounding pools in an upward s...
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