National Bank: Real Estate Credit Risk Remains Low
Although the real estate sector continues to consume large amounts of credit, risks associated with this high credit growth in the sector remain low, according to a National Bank of Cambodia (NBC) assessment. The NBC annual report 2018 for financial stability risk assessment released on 30 January 2019, stated that credit in the real estate sector is still healthy despite its strong growth of a...
Read MoreJakarta Risks Being 25% Underwater by 2025
Research by an Indonesian university has shown that 25% of Indonesian capital Jakarta could be permanently flooded by 2025. The findings by the Bandung Institute of Technology indicate that Jakarta is considered the fastest sinking city in the world. Home to 13 million people, Jakarta has 13 rivers running through it and is situated on a huge swamp. Overdevelopment and a lack of proper plann...
Read MorePhnom Penh to See Rise in Strata-title Office Supply in 2019
Delays in the construction of landmark projects in 2018 will result in an increase in the Phnom Penh office strata-title supply in 2019, according to a report by real estate firm CBRE Cambodia. The recent Q4 2018 report forecasts that the office sector in 2019 is to see a rise in strata-title supply within the Phnom Penh market due to more stock coming online from Diamond Twin Tower and Star Ci...
Read MoreHigh Bangkok Prices Shift Developers’ Focus
Property developers in Bangkok are shifting their project priorities due to the rapidly rising land prices in the Thai capital according to a new report from CBRE Thailand. An increasing reluctance to pay such high prices for prime freehold plots has seen developers diversifying toward built-to-hold assets such as serviced apartments, offices and hotels rather than build to sell assets such as ...
Read MoreCambodia Seeing New Property Development Wave
While property market tends to move in certain cycles of development, Cambodia is now seeing a new trend of development towards commercial projects, according to real estate insiders. Speaking on the sidelines of the recent media round table for the launch of the Cambodia Property Awards 2019, Mr Jules Kay, Business Director for the PropertyGuru Asia Property Awards, said that following his mee...
Read MoreOptions for Investing in Lease Properties
Most of the condominium units in Cambodia nowadays are offered on a freehold basis. However, you will occasionally come across different types of projects that are offered on leasehold if the option of freehold is not available, such as buying land. Properties located on land that is not available for freehold, such as land that is owned by individuals and private entities who do not wish to se...
Read MoreWhat Does Digital City Mean for City Management?
Credit to wrld3d.com https://youtu.be/6QU61AnMobo Climate change, population growth, and technological advances are partly contributing to changes in the landscape of city management to be more efficient. Meanwhile, the term Digital City is now becoming popular across the globe, but what does Digital City mean? Construction& Property Magazine recently met with a representative of worl...
Read MorePhnom Penh Condominium Market to See Sharp Change in 2019
The Phnom Penh condominium market is set to see a sharp change in 2019 with supply now shifting towards the affordable segment, according to one of Cambodia’s leading real estate firms. In a recent market review report on condominiums, CBRE Cambodia said that the delay in condominium completion in quarter 4 of 2018 will causes an upward trend in condominium stock within the first and second qua...
Read More‘construction and Real Estate Sector Will Not Fall in 2019’
With Cambodia's economic growth partly dependent on the construction and real estate sector, predictions remain healthy for 2019, despite a decline in capital investment in 2018. The recent macroeconomic report from the National Bank of Cambodia (NBC) outlined some of the risk factors for Cambodia's economy, including stronger reliance on construction and real estate as the sectors contribute o...
Read MoreForeign Investment Driving Vietnam Property Market
Vietnam’s booming residential property market has seen foreign investors account for the majority of all large property transactions in 2018, according to CBRE. In an interview given to local Vietnamese mediaVNA, Vikram Kohli, Regional Managing Director of Southeast Asia for CBRE, explained that 50% of all residential deals in Vietnam this year have been from Asian investors. Investors from Sin...
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