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ខ្មែរ 
Competition Rises in Phnom Penh’s Retail Property Market
Competition is increasing in Phnom Penh’s retail property sector as developers build new retail centres. New community malls and shopping centres that are set to be complete or open include Phnom Penh Megamall (formerly Parkson Mall), The Bridge, Downtown 93, Noro Mall and Olympia Plaza Mall. These new developments will increase total retail spaces to approximately 300,000 square metres. The re...
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CBRE: Major Property Changes in Phnom Penh for Q1 2019
International real estate agent CBRE Cambodia on 09 April 2019 launched its Phnom Penh property market review report featuring changes within the office, residential, retail, and landed property sector. As the market now focuses more on the office sector, the reports highlight that over the three-month period, supply of centrally-owned offices increased by 9,180 square metres while supply of st...
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A High-density and Urbanised Phnom Penh
Many new office, residential and mixed-used developments are being built in Phnom Penh and one thing is guaranteed with all this development - a higher density urban centre for the city. For the city planners in Phnom Penh, attention needs to be given to the quality of infrastructure, and plans need to be made and implemented to ensure that there is a balance between the ever-increasing density...
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World Bank: China Slowdown, Cambodia Construction and Real Estate Prone to Risk
Photo by General Department of Taxation As Cambodia’s main source of investment inflow comes from China, a slowdown in its economy will likely to see Cambodia’s construction and real estate sectors prone to risk, according to a World Bank Economic Update Report released last week. While projecting that Cambodia’s economy would grow at around 7% in 2019, the World Bank cautioned against Cambo...
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Social Protection Sought for Construction Workers
Workers in the construction sector are seeking social protection through the National Social Security Fund (NSSF) like workers in other sector receive, citing that construction work is considered a high-risk risk job compared to other jobs. In the World Health and Safety 2019 meeting held on 29 April, a group of construction workers and worker unions pushed the government to consider constructi...
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Key Advantages to Using a Property Management Company to Manage Your Cambodian Real Estate Assets
Appointing a skilled property management company can significantly add value to your real estate portfolio while reducing the time and costs spent on having to manage the administrative, legal and technical issues associated with owning them. The recent completion of numerous real estate developments in Cambodia over the past few years has given rise to some interesting questions about how and ...
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Analysts: Skyrocketing Land Prices Along 60-metre Road Makes It Difficult for Residential Developers
The rapid development along the 60-metre road in the southern part of Phnom Penh has caused land prices to skyrocket, making it difficult for residential developers, according to a leading real estate analyst in Cambodia. Speaking with Construction & Property Magazine in early April, Ms Ann Sothida, director of international real estate agent CBRE Cambodia, said the sharp increase in land p...
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Oknha Pung Kheav Se Pledges to Finish New Airport Before Turning 87 Years Old
Picture by Ministry of Land Management Urban Planning and Construction (MLMUPC) Renowned investor in Cambodia Neak Oknha Pung Kheav Se has committed to finishing construction of the new Phnom Penh International Airport before turning 87 years old, marking another major achievement of him for Cambodia. Neak Oknha Pung Kheav Se, Chairman of the Board of Directors of Canadia Bank and Overseas C...
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Scmp: Dara Sakor Seashore Resort is for Chinese Tourists or Chinese Military?
Source: South China Morning Post After an article entitled ‘Is Cambodia’s Koh Kong project for Chinese tourists – or China’s military?’ was published by renowned media outlet, South China Morning Post (SCMP), on 05 March the question has become a controversial topic among domestic and international readers. The article has raised questions as to whether the analysis is true and over the futu...
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Stability and Economy Are the Natural Resources of Real Estate Growth Says Oknha Pung Kheav Se
One of Cambodia’s most prominent and well-known investors in construction and real estate has said that the growth of the sector relies on political stability and a strong economy as its natural resources. Speaking to a meeting between the Cambodia Constructors Association (CCA) and Cambodian Valuers and Estate Agents Association (CVEA) Neak Oknha Pung Kheav Se, Chairman of the Board of Directo...
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