Workplace Mobility in Cambodia 80% Below Baseline During Lockdown
The COVID-19 pandemic has put significant pressure on the office market over the past year. The mobility of this sector has become even worse during the 2021 lockdown as people have been forced to work from home. According to Google Mobility Tracker, workplace traffic in Cambodia for April was at -80% below the baseline before […]
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Where Should You Buy Your Next Home? Why South Phnom Penh is Gaining in Popularity
When purchasing real estate, timing and location form the two core pillars of any successful investment strategy. If you make the investment at the right time and in the right place, the results can be lucrative, satisfying, and boost your lifestyle. Thus, it’s important to really study the trends and make the right choices. Now […]
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ADB Prepares Over US$1.3bn in Loans & Aid for Cambodia for 2021-2023
The Asian Development Bank (ADB) has prepared a total of over US$1.3 billion in loans and grant aid for Cambodia to support the country’s economic development and recovery from the COVID-19 pandemic. According to an ADB report released on 28 April, of the total lending pipeline for 2021-2023, US$1.35 billion is in form of concessional […]
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Land Price Index by District in Phnom Penh
Research by Z1 Data Co., LTD (Cambodia) has shown that the outlying districts of Phnom Penh are attracting more and more investment projects in sectors including residential, commercial, and industrial. This momentum is also seeing positive trends in the land price index in those areas as a result The report has summarized land prices in […]
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Supply of Landed Property and Condo by Districts in Phnom Penh
By the end of 2020, the number of landed properties in Phnom Penh had increased to over 186,000 units while the number of condominiums had skyrocketed to over 109,000 units, according to research data from Z1 Data Co., LTD (Cambodia). The same data also shows that comparing 2018 to the end of 2020, the number […]
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Chinese Loan Not a Debt Trap, Says Chinese Embassy
The Chinese Embassy in Cambodia yesterday issued a letter stating that China has no intention of setting up a debt trap or seizing Cambodia’s sovereignty. However, the Chinese loans rather have helped promote development in Cambodia to a large extent. The letter was issued in response to RFA’s recent allegations that the Chinese loans to […]
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Construction & Property Weekly Video News (10 April 2021)
This week content (10 April 2021): #1 Oversupply, Liquidity Reduction, and Construction Delays Pose Greatest Threats to Real Estate Market in 2021 [Read more] #2 Phnom Penh Monorail Feasibility Study Complete, Subway Option to Follow Next Month [Read more] #3 Telecoms Ministry Issues Four New Guidelines for Borey & High-Rise Project Owners [Read more] #4 Cambodia Imports Over US$1 Billion of Construction Materials in 2020, Down by 7.3% Y-o-Y [Read more] #5 Colliers: Asia Pacific Hospitality Sector Expected to Hit 2019 baseline by 2023, Cambodia to Lead in Casino Segment [Read more] Subscribe to the Construction & Property TV Channel for more up-to-date construction and property news.
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Sihanoukville Not Best Strategic Spot for Chinese Naval Base: The Diplomat
An article by The Diplomat has recently asserted that Sihanoukville’s Ream bay is not the ideal strategic spot for a Chinese naval base. The article was written by local analyst and researcher Chen Heang where he provided four key arguments to support his claim. 1) Ream Bay is not deep enough to undertake major naval […]
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Welcoming Vaccinated Tourists by Year’s End Will Also Boost Real Estate Sector, says Expert
Real estate expert and President of KW Cambodia Dr Kim Heang has expressed optimism that the real estate sector will also gain momentum if the government decides to allow vaccinated international tourists to enter Siem Reap by Q4 this year. Dr Kim Heang said that this is a smart move by the government, like many […]
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Oversupply, Liquidity Reduction, and Construction Delays Pose Greatest Threats to Real Estate Market in 2021
Among other projected risks, oversupply, reduction of liquidity, and construction delays have been the top three concerns that pose greatest threats to the real estate market in 2021, according to CBRE Cambodia’s recent survey. The survey also listed out other risks such as the threat of international sanctions, lack of infrastructure capacity, domestic regulatory change, […]
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