U.S. Real Estate Investment Opportunity for International Buyers

Golden Gate Global, an award-winning real estate investment firm headquartered in San Francisco, CA, is pleased to announce the offering of a brand new opportunity, facilitating U.S. real estate purchases for international buyers across 75 of the most attractive U.S. markets. According to Steven Kay, Founder and Co-CEO of Golden Gate Global, “In conjunction with our long-term partner, Lennar In...

Read More

Chip Mong Land Vows to Transform Chroy Changva into a New Civilized City

Chip Mong Land, one of the Cambodia’s leading real estate developers, has vowed to transform Chroy Changva district, especially the area along National Road 6A, into a new civilized city, with their Park Land 6A development. With extensive development experience, Chip Mong Land has always and will continue to provide clients with high-quality housing projects and luxury homes with modern design...

Read More

What Types of Investors are You, and What Property Investment Bests Fits Your Trait?

Given the economic downturn caused by the pandemic, even if you have plenty of cash on hand, you also need to be very cautious when it comes to investing in real estate. Founder and Director of Key Real Estate and well-known real estate expert in Cambodia Mr Sorn Seap pointed out that you need to first study what kind of investor you are before investing. Mr Seap categorised investors into t...

Read More

Chinese Firm to Build a New Larger Road Connecting Siem Reap City to New Airport

Chinese-owned firm Siem Reap-Angkor International Airport has unveiled plans to build a new 60km road, linking the airport to the Siem Reap city. To date, the firm has just completed the impact resettlement with the affected community. Deputy Governor of Siem Reap province Ly Samrith said that the new road will be built to ease the increasing traffic between the airport and the city. “The cu...

Read More

CBRE: Cambodia’s Real Estate Market to Recover by 60% in 2021, but Lower Than 2019 Baseline

Managing Director of CBRE Cambodia Ann Sothida predicted that Cambodia's real estate market will improve by 60% in 2021 compared to 2020 but is expected to be lower than the 2019 baseline. Ms Sothida told Construction & Property Magazine on 08 January that 2021 will be a better year but not as good as it was in 2019, since a large proportion of Cambodia's market is contributed to by oversea...

Read More

Expert Plugs Sihanoukville for Next Property Boom After COVID-19

Among all provinces in Cambodia, Sihanoukville, and in particular Ream district, will become the highest potential investment destination for those looking for profits in 2021 or during the post-COVID-19 period, according to Founder and Director of Key Real Estate Co., Ltd. Mr Sorn Seap. Mr Sorn Seap told the Construction & Property Magazine on 05 January that the area around Ream district ...

Read More

Cambodia Receives US$860-million in China FDI in 2020

Cambodia received a total of US$860 million in foreign direct investment (FDI) from China in 2020, an increase of about 70% compared to 2019, according to a recent press release from the Chinese Embassy in Cambodia. Many development projects went smoothly despite the COVID-19 pandemic. For instance, the construction of new Siem Reap Angkor International Airport (AIAI) has been 35% completed, wh...

Read More

South Korea’s Investment in Cambodia Reaches US$5.7 billion, Becomes Second Biggest Foreign Investor

The Republic of Korea’s investment in Cambodia has reached US$5.7 billion, now standing as the second highest foreign investment in the Kingdom; a large proportion of which has been used for infrastructure development projects. Ambassador of the Republic of Korea to Cambodia HE Park Heung-Kyeong revealed the data during his meeting with the President of the Senate of Cambodia Samdech Say Chhum ...

Read More

Bluebell signs MoU with Oxley to Manage the Peak Mall

Leading Asian Omni brand operator Bluebell Trading Pte. Ltd has recently signed an MoU with Oxley Gem (Cambodia) Co., Ltd to manage the Peak shopping mall project, according to a press release from the company on 24 December. Ashley Micklewright, CEO of Bluebell Group said, “We are delighted to partner with Oxley-Worldbridge in Cambodia, and look forward to delivering one of Asia’s new destinat...

Read More

Several EU Members Provide Co-financing of US$115 million for Cambodia’s Rural Infrastructure Development

The German development bank KfW, AgenceFrançaise de Développement (AFD) and the European Union (EU) have provided US$115 million in co-funding to Cambodia for rural infrastructure development projects in the central area of the country. The agreement was signed recently by the Cambodian government, the German development bank KfW, AFD and the EU representatives, according to a press release iss...

Read More