Morgan Group ground breaks its mega multipurpose project in Sihanoukville

China-based developer Morgan Group on 31 July had ground break its mega multipurpose project in Sihanoukville amid booming construction investment in the city. With an unclose investment capital, Ever Asend Development Co.Ltd , a subsidiary of China-based developer Morgan Group, has begun construction of its multipurpose project called the Morgan The Pure Bay with a total construction area of 4...

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Asset Management – A course to help us to understand the importance of assets

The Royal Chartered Institute (RCI) will be conducting the 1st Module under the Certificate of Asset Management, which is Asset Management on 07 September 2019. The lecturer will be Dan Davies from the United Kingdom. What is an asset? Assets are normally described as property in normal terms. In real estate, assets can cover infrastructure, property, land, buildings etc. (RICS 2012) Under-ma...

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US$21.2 million in projects approved across three provinces

The Council for the Development of Cambodia (CDC) approved four investment projects across three provinces on 31 July with a total investment value of more than US$21.2 million, adding more than 1,500 jobs to the market. The Prestige Hospital Co., Ltd, was permitted to build its 100-bed world class hospital in Sangkat Tonle Bassac Khan Chomkamorn, Phnom Penh. With an investment of US$7 million,...

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PM Calls On Land Ministry To Review Construction Permit Process

In response to the complaint of the slow process in obtaining construction permits, the Cambodian Prime Minister on 29 July called on the land minister to review the process. “Some construction sites work illegally because officials refused to approve them [construction permit], so [land minister] needs to look at this,” Prime Minister Samdech Techo Hun Sen said at the Morodok Techo National St...

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IKO Sales International: a Solid Choice

How do you see construction sector in Cambodia? I see a very positive evolution in the construction sector in Cambodia with business development opportunities for IKO. A lot of construction projects are built and planned for development in Phnom Penh; including both residential commercial buildings. For residential roofing, one can see that metal is preferred, because it is a lightweight mat...

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Most Cambodians Are Confused About Using the Word Sangsei, Bangsei, and Eangban

With thousands of years of history and the diversification of wording in the Cambodia language, Cambodians nowadays use different words to define certain things that have the same meaning. Even so, currently there is only one Khmer dictionary from Chuan Nat that is used to define words that are correct in the written form. In fact, Cambodians often use words differently according to their regio...

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Special Offer! Discounts of Up to 7% for All Projects From Chip Mong Land

Photo by Chip Mong Land Phnom Penh: Chip Mong Land is offering a special opportunity with a discount of up to 7% to its customer on all residential projects from 01 July 2019 onwards. Chip Mong Land, one of the largest and most well-known real estate development companies in Cambodia, currently holds eight mega-luxury residential projects comprising of Land Mark 271, Land Mark 60M, Park Land...

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Let’s Go! Check Out the Sale Opening Day and the Special Offer From Chop Mong Land’s New Condo

Chip Mong Land, a well-known real estate development company in Cambodia, will launch the sale of its new luxury condominiums along with special discount commencing from 10am May 24, 2019 onwards. Park Land Condo TK is located in Park Land TK residential project along Oknha Mong Rithy road near the highly-developed Sen Sok district, especially it is located near Chong Mong Sen Sok Mall, Makro, Glo...

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FC Barcelona New York Academy Developers Visit Cambodia to Provide Us Immigration Opportunity

FC Barcelona New York developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them the opportunity to immigrate to the United States under the US government’s EB-5 immigration program. FC Barcelona New York Academy Developers, Prospect Sports Partners, delivered a keynote presentation to investors in Phnom Penh offering them a chance to immigra...

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Value-based Asset Development Management

By Michelangeloop The real estate industry is often defined as the process of buying and selling properties. In the 21st Century, real estate has grown into an industry that attracts professionals in fields including asset management, facilities management, and valuation and real estate. What are the differences between these roles? Asset Management: Jones (2008) defines asset management ...

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