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ខ្មែរ 
“Buy and Sell Property” Seminar to Open for Public at Raffles Hotel
A seminar on buying and selling properties in Cambodia is to welcome participants at Raffles Hotel Le Royal. On 20 October 2018, Cambodia’s leading housing finance provider First Finance will organise a half-day seminar to educate participants on the proper mechanisms to buy and sell property in Cambodia. This free of charge seminar will be held from from 8am to 12pm bringing together around...
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Blood-bricks: Booming Construction in Cambodia Built on Modern Day Slavery
Photo by Royal Holloway The booming construction industry in Cambodia has been built on modern slavery with climate change being the key driver for the workforce, according to research by Royal Holloway, University of London published on 16 October, 2018. Entitled"BLOOD BRICKS: Untold Stories of Modern Slavery and Climate Change from Cambodia", the report shows that“tens of thousands of debt...
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How Convenience Stores and Minimarts Shape Retail Markets
The retail sector in Cambodia has been buoyed by ongoing economic growth, but retailers in Cambodia have been slower to modernize and the country remains as one of the most unsaturated convenience-store markets in Asia. Per-capita income is growing around 7% per year though in Cambodia, and approaching the US$1,500 level. Benefiting from that growth and rapid urbanization, I believe the number ...
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IMF Cautions Cambodia on Credit in Real Estate Sector
Cambodia needs to be more cautious about credit in the real estate sector, according to the end-of-mission press releases issued by the International Monetary Fund (IMF) on 2 October, 2018 regarding the preliminary findings of the “2018 Article IV consultation”. The preliminary findings (not the views of the IMF’s Executive Board) of the 23-day mission 19 (September to 2 October, 2018), show th...
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Real Estate in Sen Sok District in High Demand
Thanks to extensive ongoing development in the area, Sen Sok district is the most in demand area in Phnom Penh among real estate buyers, according to local experts. Real estate analyst and CEO of Key Real Estate Co. Ltd. Mr Sorn Seap told Construction&Property Magazine on 3 October, 2018 that property in Sen Sok district is currently attracting the most buyers compared to other districts in...
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European Union Organises Seminar on Problems Faced by Female Construction Workers
Photo by Al Jazeera The European Union recently organised a half-day seminar to discuss the problems and challenges faced by female construction workers in Cambodia. Held on 27 September, 2018 at Tonle Bassac II Restaurant, the seminar was attended around 40 people including representatives from the Ministry of Labour and Vocational Training, Care Cambodia, Australian Development Cooperation...
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CCA Predicts Positive Growth for Construction Industry in H2 2018
The Cambodia Constructors Association (CCA) has predicted that the construction industry will continue to growin the second half of 2018 and the demand for raw construction materials will also increase. Reflecting on the National Bank of Cambodia’s (NBC) semi-annual report regarding the import of construction materials during the first six months of 2018, Mr Chiv Sivpeng, general manager at the...
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Develop Your Own Properties or Invest in Bulk Properties?
Buy-to-let property in Koh Pich satellite city Wealthy individuals are keen to enter the property development business. They can build various projects for sale or for rental. To develop a new project today, one must consider land costs while prices have skyrocketed in prime locations. On the other hand, construction costs are also on the rise. Most importantly, the time and effort of project m...
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More Luxury Accommodation Needed for Sihanoukville Province
Sample photo by Independence hotel The supply of luxury accommodation in Sihanoukville is not enough to service the increasing numbers of tourists visiting the province. On 22 September, 2018, Director of Sihanoukville's Tourism Department Mr Taing Sochet Krisna said that the supply of luxury accommodation, such as five-star hotels,is not enough forthe rapidly increasing numbers of national ...
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Cambodia Among Countries With Low Annual Property Tax
Cambodia is among countries across the globe which has low annual property tax, according to an editorial article published by InvestAsian on 22 September, 2018. According to InvestAsian’s author and founder as well as property investor in Southeast Asia Mr Reid Kirchenbauer, governments in some countries including Cambodia have set the annual property tax at a very low rate while some of them ...
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