Riviera Condos to Start Construction

Construction on Cambodia’s most costly condominium project, the Diamond Island Riviera, is planned to start mid-year according to the project manager. The DI Riviera project’s five buildings – A, B, C, D and E – cover 330,000 square meters and consist of condos, a mall, parking spaces and a shopping centre. The US$700 million development is modeled on Singapore’s Marina Bay Sands resort and ...

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Mortgage Availability Helps First-timers Buy Homes

According to figures from Cambodia’s lenders and leading real estate industry insiders, more and more young and first time buyers people are purchasing homes thanks to the greater availability of financing options such as mortgages. As bank loans continue to play a growing role in helping Cambodians purchase their own homes, ACLEDA Bank has reported an increase of about a third in the value of ...

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Sumitomo to Build Usd40 Million Thermal Power Plant in Myanmar

Sumitomo Corp. announced at the start of March that it had won a contract to construct a thermal power plant in Myanmar. The order from Myanmar Electric Power Enterprise, an affiliate of the Ministry of Electric Power, is worth about US$40 million. The plant will have two 25,000-kilowatt gas turbines. The first unit is set to launch operations in March 2016 and the second unit in July 2016. ...

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Mass Transport Systems? The Future for Phnom Penh?

Phnom Penh is growing, but is the transport system that keeps the city moving, much like blood through the arteries and veins of a body, keeping up with the pace? If a city ceases to be able to move people and goods from point A to B, it no longer performs one of its major functions. Jakarta has experienced rapid growth without proper investment in transport infrastructure, inhibiting movement ...

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Mixed Use and Retail Development: a Story of Value-added by Design

A mixed-use and retail development is a real estate mission with planned integration of combinations of retail, office, residential, hotel, recreation or other functions. It is pedestrian-oriented and contains elements of a live-work-play environment. From a developer’s perspective a development should maximize space usage, bear upscale amenities and strong architectural expression that tends to m...

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Global Anti-fire Brand Arrives in Cambodia

With thousands of oil and gas stations being erected nationwide in line with infrastructure, economic, and construction growth, the potential for fire-based incidents has increased. Viking Corporation, a U.S. based anti-fire material producer with a global reputation for dependable sprinklers and valves, entered the Cambodian market this year. Their decision came after observing the poor level ...

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Seminar Highlights Urgency of Building Code

BritCham and IBC held a joint seminar on Building and Fire Safety Standards with the UK Royal Institution of Chartered Surveyors (RICS) on 13 March at the Hotel Intercontinental which attracted approximately 300 people. RICs was commissioned to produce a report on the topic with a view to providing the Cambodian Government with assistance in developing building standards and ensuring better reg...

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On Good Design

Good design is becoming an increasingly relevant factor in the Cambodian real estate development market. This positive change will benefit the public domain by creating a more graceful environment to live in while increasing the aesthetic beauty of our environment. Creating a product that is unique and that boasts of added value also helps developers overcome the risks of an overpopulated marke...

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Robotic Car Parks: the Future Solution to Parking Problems?

From parking structures to warehouses for parking More cars means traffic jams, more pollution, more noise, more time driving, and many man-hours lost. A lack of parking spaces has become increasingly problematic and for many buildings without enough parking spaces it is difficult to provide more due to a lack of land and the challenge of rebuilding. For residential areas with insufficient p...

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The Evolution of Cambodia’s Construction Industry

An exclusive interview with industry guru Thierry Loustau-Khao, founder & CEO of the French-Cambodian LBL International established since 1992. LBL International is a Cambodian company that has built over 250 construction projects in Cambodian and Thailand. 1-Firstly, what are your insights about Cambodia’s Construction industry development now? These last five years have been very dy...

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Dara Sakor Seashore Resort Sales Center is Open for Your Visit

The official opening ceremony for Dara Sakor Seashore Resort opening ceremony was held at its sales center in Phnom Penh on March 31rd, 2015 for the location in the southwest of Cambodia which is near Sihanoukville. The sales center provides a comfortable atmosphere to learn more about the Dara Sakor Seashore Resort with a large master plan model showing the detail of the villas where the whole...

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Spacious Sea and Sky

DARA SAKOR OFFERS THE LIFE YOU WANT Blue sky, white clouds, blue water, silver sand, clear water, coconut trees waving in the gentle breeze to the melody of the waves. Have you ever dreamed of these? If you dream of living in a house in front of the sea, with spring blossoms, if you want to experience a life of love with a view of the spacious sea and sky, then you need to awaken to the Dara Sa...

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