Knowledge and Key Success
Minister of Public Works and Transport Urges More Women to Study Civil Engineering
The Minister of Public Works and Transport HE Sun Chanthol has urged more women to study civil engineering at the Techo Sen Institute of Public Works and Transport with 50% off for tuition fee, as demand for skilled engineers for infrastructure development in the kingdom is increasing. During a study and career orientation program at […]
Read More2021: Investing in Real Estate? What and Where?
In 2020, the real estate market in Cambodia came under pressure from the COVID-19 pandemic. According to the Cambodia Valuers and Estate Agents Association (CVEA), the number of transactions dropped by 15% – 20%. CBRE Cambodia has also reported the retail market is most affected, followed by the office and condo sectors. (Read more) What […]
Read MoreExpert: Real Estate Buyers More Cautious Despite Low-priced Opportunities
An expert from the Cambodia Valuers and Estate Agents Association (CVEA) recently explained that real estate buyers in Cambodia are becoming more cautious despite the opportunity to buy at low prices. This is one of the reasons why the number of sales and purchase transactions in 2020 has dropped. According to CVEA Real Estate Investment […]
Read MoreContinuous Government Infrastructure Development Deters Real Estate Market Slowdown
Due to the COVID-19 pandemic, overall real estate transactions in 2020 decreased by 15%- 20%, yet the average sales price remains robust, according to the Cambodia Valuers and Estate Agents Association (CVEA). Given those figures, Cambodia has tended to do better compared to neighbouring countries. There are many factors contributing to this robust market; however, […]
Read MoreExpert: Five Key Drivers Boosting Cambodian Real Estate Market in 2021
The President of the Cambodian Valuers and Estate Agents Association (CVEA) Mr Chrek Soknim has said that there are five key drivers which have been stabilising the Cambodian real estate market in 2020 and will also help boost the market in 2021. “The first important factor is the strong financial institutions, which keep injecting loans […]
Read MoreSolutions for Land and Housing Shortages
According to CBRE Cambodia, the supply of condominiums reached over 25,000 units in the market by the end of 2020 and is expected to jump to 38,000 units by 2021. Data from Knight Frank Cambodia also shows that by the end of 2019, a total of more than 55,000 housing units are available on the […]
Read MoreQ4 Real Estate Market Update: Where are we in the Market Circle?
The real estate market in Q4 2020 remained under pressure from the COVID-19 pandemic, of which retail is the most affected, followed by the office and condominium sectors. Meanwhile, the land and Borey sectors tended to stay robust thanks to the strong financial position and high confidence of the local developers, as well as the […]
Read MoreFlood Risk in Cambodia’s Infrastructure Network: How to Prevent and Mitigate Flood Damage?
Water is the most significant partner in the construction sector but can also be the worst enemy in destroying construction achievements; as HE Sun Chanthol once said, “Water is the enemy of the road,” which refers to the damaged-infrastructure caused by the recent floods in the kingdom. Over 3,000 kilometres of local infrastructure, including national […]
Read MoreLet’s Find Out! EP58: What is Required for Valid Surveying and Mapping?
Surveying and mapping are very crucial and sensitive work which requires a lot of skill and experience. Different authorities have expertise in various areas of work. For example, border surveying is under the National Authority’s task in Charge of Border Affairs (NACBA). What is Required for Valid Surveying and Mapping?
Read MoreU.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 […]
Read More