Expert: Real Estate Market Declines in 2023 Present Unique Opportunity for Buyers
In a year where the real estate market witnessed a concerning decrease, buyers in Cambodia find themselves in a uniquely advantageous position, as properties are being offered at prices below market value, presenting an exceptional opportunity for those looking to invest in the property market. According to Ms Thida Ann, Managing Director of PropNexkh, the […]
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Construction & Real Estate Sector Show Signs of Recovery in H1 2023
The echoes of recovery reverberate through Cambodia’s construction and real estate sectors, painting an optimistic picture as the nation strides forward into the first half of 2023. A surge in the import of construction materials and equipment, registering a 0.4% increase, amounting to approximately US$911 million compared to the previous year, signifies an industry back […]
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Cambodia’s Citizenship by Investment Ranked 11th, Emerges as Key Catalyst for Foreign Real Estate Interest
Cambodia’s real estate market is witnessing a surge in foreign interest, fuelled by its impressive Citizenship by Investment (CBI) program, which recently earned the remarkable 11th spot in Henley & Partners’ global rankings. This naturalisation offers foreign investors the gateway to become freehold landowners in the country. For years, foreign investors looking to invest in […]
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Three Indicators: Glimmer of Hope for APAC Real Estate Market, but Depending on China
China’s reopening and the perception that interest rates are nearing their peak have led to brighter economic prospects in the region. However, Q1saw a dip in commercial real estate investment, plunging to its lowest level since 2010. Commercial Real Estate Investment and Sector Analysis: The office sector continues to face pressure, primarily due to high […]
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Why not Phnom Penh or Bangkok? Why Ho Chin Minh ranked in the top 10 Asia Pacific Real Estate for international real estate capital?
Phnom Penh, the thriving capital of Cambodia, has been experiencing robust growth with a surge in size expansion, foreign direct investment (FDI), and flourishing real estate development. Nevertheless, it remains relatively small when comparing investment volumes to other major ASEAN cities. In contrast, Bangkok, the bustling capital of Thailand, stands out as a major attraction […]
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Navigating a Stagnant Market: Location Remains Key for Selling Houses in Cambodia
As the residential real estate market in Cambodia enters the midpoint of 2023, it faces intensified competition and weakened demand. Sales in the sector have become increasingly challenging, with only a select number of condominium and landed property projects in prime locations managing to maintain or slightly increase their asking prices, according to CBRE Cambodia’s […]
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Mid-2023 Update: Cambodia’s Retail Sector Saw A Slight Decline, But New Strategy Emerged
Amidst a changing retail landscape, the first half of 2023 showcased a slowdown in new retail completions, following a wave of launches and developments in 2022. As of mid-year, over 39,000 sqm of new retail space was added, representing a 6% increase in total supply over the span of 6 months. However, the retail sector […]
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Office Sector Update: Increasing Supply Puts Pressure on Rents and Occupancy in Mid-2023
In the first six months of 2023, the supply of new office buildings in the Cambodian real estate market will increase by about 39% over existing offices. From the middle of the year to the end of this year, with an anticipated addition of 215,000 square meters of office space this year, the total office […]
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CBRE issued mid-year real estate review: highlighting globalization as the key factor for the slow recovery
CBRE, Cambodia’s Leading Real Estate Appraisal Company, has just released its Phnom Penh Real Estate Market Rating Report for the second half of 2023, highlighting the impact of global macroeconomic conditions, particularly the slowdown in the Chinese economy combined with the oversupply of markets domestically, pushing Cambodia to prolong the recovery of the real estate […]
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SSEZ: A Vital Link between Cambodia and China in the Belt and Road Framework
The Sihanoukville Special Economic Zone (SSEZ) stands as a monumental achievement, serving as a vital bridge connecting Cambodia and China within the framework of the ambitious Belt and Road Initiative. This collaborative project has not only brought economic prosperity but has also created employment opportunities for tens of thousands of Cambodians. Liu Lianchi, the deputy […]
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