Knowledge and Key Success
CBRE: Retail rental prices drop sharply while supply increases substantially in Q1
CBRE Cambodia has reported that retail rental prices saw a sharp slowdown in February 2020 as a result of the COVID-19 pandemic. According to the CBRE report, retail rental prices sharply declined by 9.2% for community malls and 10.5% for prime retail podiums in February 2020. The decline resulted from the spread of COVID-19 causing […]
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Understanding the Basics of Concrete
Concrete has been used widely internationally. It is durable and flexible in its usage. As a construction material, it is robust and able to give sound reduction and fire-resistant properties. Raw materials The raw or constituent materials are one of the most important factors prior to the successful design and construction of concrete structures. Hence […]
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2020: What and where to invest in real estate?
2019 has been another great year for the real estate sector in Cambodia due to increasing demand from both local and international investors. According to the Ministry of Land Management, Urban Planning and Construction (MLMUPC), a total of US$9.3 billion worth of investments came into the kingdom, spread across 4,446 approved investment projects, which represented […]
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CBRE: Condominium prices to face downward trend if COVID-19 continues
CBRE Cambodia has reported signs of a possible downward trend in condominium prices in the first quarter of 2020 and projected them to go down further if the COVID-19 socio-economic crisis continues. The report, issued on 6 April, shows the effects of COVID-19 on real estate prices, especially condominiums price per metre in the high-end […]
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World Bank provides US$20 million to Cambodia in response to COVID-19
The World Bank has provided US$20 million to Cambodia from the International Development Agency (IDA) to build isolation and treatment centers as well as medical supplies and facilities in response to the COVID-19 pandemic, according to a press release from the World Bank on 2 April 2020. Mrs. Inguna Dobraja, World Bank Country Manager for […]
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The Impact of COVID-19 On Construction Contracts in Cambodia
Questions and uncertainty related to the impacts of the COVID-19 global pandemic on construction contracts in Cambodia have been the subject of great interest and concern by real estate developers and construction companies since the beginning of this outbreak. Parties to construction contracts are now carefully analyzing whether this situation can be considered a force […]
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Measures to maintain office and commercial buildings during COVID 19
How could we maintain our office and commercial buildings during the closure due to COVID 19? While your office and commercial buildings are vacant due to the absence of staff and other occupants in the building due to COVID 19 fear, the focus on the measure of management and maintenance the buildings are very crucial […]
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Expert: Construction and real estate market to recover next year
Experts predict that the construction and real estate markets will recover in 2021 despite the dramatic decline since the end of 2019 resulting partially from the effects of the COVID-19 pandemic in 2020. In an interview with RFI, Dr Ky Sereyvath, an economics professor and also Director of the Royal Academy of Cambodia’s Centre for […]
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Let’s Find Out! EP20: Can Coronavirus be Transmitted Through The Air?
Can coronavirus be transmitted through the air? What evidence is there that covid 19 can be transmitted through the air?
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Client Alert: Cambodia’s New Law on Construction
The Law on Construction which was promulgated by the Royal Kram No. NS/RKM/1119/019 dated 02 November 2019 aims to determine the principles, building technical regulations, rules and procedures for the management of the construction sector in Cambodia. This law is effective from 02 November 2019. The competent authority who regulates the construction sector in Cambodia […]
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