Buying Co-owned Properties
Living in a co-owned building or housing bloc (borey) is becoming more popular as Cambodians seek a modern lifestyle, but if property buyers don’t purchase smartly, they may face significant risk. Unlike buying a detached house, where the buyer can immediately own both the land and house with a single title deed, buying a co-owned property, like a condo or a villa/flat, can present complication...
Read MoreExpat Serving Expats
Thanks to the thriving economy, many expats are now coming to Cambodia and observers predict more will come after ASEAN Integration in 2015. Anna Araki, a Japanese expat with several years living in Cambodia, has big business plans to serve her expat counterparts. In December last year, Araki, established three firms; AnnaCam Partners, AnnaCam Land and Bit Investment, all specializing in invest...
Read MoreFive Tips For Condominium Buyers
As the ASEAN Community edges closer, there has been a noticeable increase in the supply of condominiums on Cambodia’s property market. Recognizing Cambodia’s potential, a number of well-known developers from various countries are currently launching their projects. Such developments can bring both opportunities and challenges to property buyers who should be aware of any potential risks to their i...
Read MoreAsian Investment Boosts European Real Estate Markets
PROPERTY FOCUS I ASIAN IN BRIEF Massive capital flow from east to west is driving investment and growth in European property markets according to experts who gathered at an Urban Land Institute Real Estate Trends conference in London last month. It is estimated that the investment drive from China, Hong Kong, South Korea, Malaysia, and Singapore in particular is twice the level of capital fl...
Read MoreAn Effort That Benefits All
After continued anarchic sand pumping along Cambodia’s rivers has affected the river banks and water quality, the government has decided to suspend and review the activities of sand pumping businesses following a similar ban over a year ago. After realizing that prohibition has seriously affected the nation’s thriving construction industry since thousands of businesses require an increasing amo...
Read MoreLighthouse Club Illuminates Site Safety
Cambodia is one of the most exciting markets in Southeast Asia and has experienced unprecedented political stability and growth in the last two decades and is one of the fastest growing economies worldwide. Latest reports from the World Bank are estimating Cambodian GDP growth for 2015 at 7.1 percent, with the strongest growth expected in the construction sector. This is most visible in the Cam...
Read MoreConstruction Safety: Minimizing the Hazards
Despite the building boom in Cambodia, very few construction workers and some project supervisors pay much attention to the risks they can face on construction sites. A construction and real estate forum launched in early October 2014 revealed some of the major risks at Cambodia’s construction sites. It was also touted as a concerted effort to improve dialogue between industry and the governmen...
Read MoreHome innovation Perfection
Established in 1996, Inovar is a pioneer in Asia as well as in the laminate flooring industry. With its flagship showroom in Petaling Jaya, Malaysia and regional offices in India, Thailand, Vietnam, Singapore, Taiwan, Australia and Indonesia, Inovar Floor has its headquarters in Bestari Jaya, about 60 km from Kuala Lumpur, with a well-equipped factory utilizing the latest German technology. The...
Read MoreTsurumi: The Expert Pump For Building Works
Tsurumi pumps are globally renowned as the best Japanese pump brand for specialised use on various works including construction and agriculture. While Tsurumi has licensed several Cambodian distributors to supply its various product lines, mostly for indoor water systems and agriculture, Meng Leng Eav Co. Ltd has distinguished itself from the competition for indoor water systems. Now Cambodi...
Read MoreCCA’s First Big Building Expo Set for December
The third Cambodia Constructors Association (CCA) summit is set for December this year. But this time, there will be something new about the meeting. CCA will hold a construction industry expo simultaneously, bringing in local and international industry professionals. The two events are scheduled for December 3-5, 2014 at the Diamond Island Exhibition and Convention Center and will feature gove...
Read MoreCentury 21 Vtrust Brings A New Business Model to The Property Market
Founded in California in 1971, Century 21 is the world’s largest globally-franchised real estate operation with some 7,100 affiliated offices in 75 countries, including Cambodia. VTRUST Realty, a subsidiary of leading local property firm VTRUST Group, has affiliated with Century 21 Cambodia to raise its level of professionalism and trust in the brokerage market in Cambodia. The new company is now ...
Read MoreDesigning a Better Infrastructure Future for Cambodia With An Australia Awards Scholarship
Poverty has decreased in Cambodia from 53 percent of the population in 2004 to less than 20 percent today. However, the Cambodian people have limited access to sanitation, good roads and electricity due to poor infrastructure development. Building quality infrastructure is critical to the continued development of Cambodia and the country needs professional Cambodians with good knowledge, experienc...
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