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ខ្មែរ 
Knowledge and Key Success
Expert Warns Risks Stem from Oversupply of Vacation Homes in Cambodia
During the past few years, the trend of building vacation homes for sale has gained popularity, in particular at tourist attractions such as Bokor Mountain, Kampot and Kirirom. However, a real estate expert has warned that oversupply of this type of property can cause financial risks among developers given the overall economic conditions, limited average incomes of households, and low demand. A...
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Expert: Divided Land Plot Business Prone to Collapsing if No Change in Developing Method
Real estate expert and President of KW Cambodia Dr Kim Heang has warned that some divided land plot businesses in Cambodia or known as “Dey Lo” are prone to collapsing in the next two or three years if the developers do not upgrade or change their development methods. Dr Kim said recently that the trend of buying Dey Lo will remain for at least until 2030, especially among young people with low...
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Which Locations Better for Borey and Condo Development in Phnom Penh?
Thanks to the rapid real estate development in Phnom Penh, every location in the capital has attracted a huge investment from local and international investors who are willing to build projects such as factories, markets, schools, and especially Boreys & condos. This trend has pushed land prices inside and outside Phnom Penh to significantly increase in value, especially for the locations a...
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Workwear Guru Ranks Best & Worst Countries for Construction Workers; Cambodia at 105th
Workwear Guru has recently issued a report ranking countries around the world from the best places to work as a construction worker to the worst based on average salary, safety, and cost of living. Among the top ten best countries, six countries are located in Europe, two other –China and Singapore— are in Asia, and the rest are in North America. The highest average salary for construction w...
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Real Estate: What & Where to Invest in 2022?
After the number of COVID-19 cases dropped and the government announced the country’s reopening on 1 November, many real estate analysts are optimistic that the market will significantly recover in 2022. President of Cambodian Valuers and Estate Agents Association (CVEA) Chrek Soknim has projected that the real estate market in Cambodia will see considerable growth in 2022, especially after Chi...
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CVEA, AVA Mull Establishing Standardised Guidelines for ASEAN Real Estate Evaluators
The ASEAN Valuers Association (AVA) and Cambodian Valuers and Estate Agents Association (CVEA) have vowed to enhance the capacity of their real estate agents, with plans to establish shared guidelines and standards to regulate and certify real estate agents among all member countries. CVEA Secretary-General Susan Widjojo made the remarks at a press conference on Wednesday 3 November. Ms Widj...
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Cambodia Establishes Digitalised Manufacturing Centre
The Japanese government, through the Embassy of Japan in Cambodia, has provided approximately US$4.5 million to support the operation of a digitalised manufacturing centre, located at the Royal University of Phnom Penh. The grant was announced at a press conference on 14 October under the chairmanship of RUPP Chair of board HE Dr Mey Kalyan, Japanese Ambassador to Cambodia HE Mikami Masahiro, a...
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Legal Documents You Need to Know Before Buying Homes in a Borey
Partnered Article Landed property, or known in Cambodia as a ‘borey’ in Khmer, refers to a gated community comprising various housing types including villas, shophouses, link houses and flat houses. This type of property is the most popular in Cambodia, thanks to its large space and relatively lower price compared to condominiums. However, as buyers, what are the most important things you ne...
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MPWT Institute Joins Hand with RMA Group Strengthening Technical Skills for Students
TECHO SEN Institute of Public Works and Transport has signed an MoU with RMA Cambodia Plc, a company specialising in automotive, construction technic, and heavy engineering equipment, to strengthen the technical skills of students in the institute. Through this MoU, the two parties will jointly establish training programs and exchange the usages of equipment, construction materials, and resourc...
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Hard Lessons for Property Developers and Buyers in Cambodia
Like many hoping for easy cash in Cambodia’s property market, many individual buyers borrow money from the bank they didn’t need, and their sole purpose is only planned to flip. The only question is how big the profit would be? or if they can make a profit out of the current market conditions? The local real estate market has stalled, but the good news is price doesn’t expect to fall much deepe...
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