CAMBODIA’S FLAGSHIP construction and property expo to return in November

The Cambodia Construction Industry Expo – Cambodia’s biggest construction industry tradeshow and exhibition - is scheduled to return for the fifth time from 29 November to 1 December 2018 at the Diamond Island Convention and Exhibition Center. The Cambodia Construction Industry Expo is the nation’s flagship building and property expo which has been hosted annually since 2014 by the Cambodia Con...

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CBRE: Supply of Condominiums in Phnom Penh Increased by 20%

A new report by real estate agent CBRE Cambodia has shown that the supply of condominiums in Phnom Penh increased by 20% quarter-on-quarter(q-o-q) in the course of Q2 of 2018, making a total supply of condominiums in the capital of 11,830 units. “Cambodia Phnom Penh Marketview for Q2 2018” revealed that in the second quarter of 2018, around 2,000 condominium units were completed with five new p...

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Experts Predict Real Estate Sector Growth After July Election

Real estate experts foresee a significant rise in the property sector after the 29 July National Election based on the assumption that for the past six months prior to the vote many investors prefer to await the outcome. According to a survey conducted by Key Real Estate Co., Ltd, land prices in Phnom Penh saw a slight increase in H1 2018 compared to H2 2017. Duan Penh, 7 Makara, Chamkarmorn, a...

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US$15 million rice storage facility opens in Battambang Province

rice storage facility source Chea Chenda State-owned bank Rural Development Bank (RDB) inaugurated Cambodia’s biggest rice warehouse and drying facility on 3 July in Battambang Province according to the official post on Facebook. The warehouse is capable of stocking 200,000 tons of paddy rice while the drying facility can process up to 3,000 tons of rice daily. Built at a cost of US$15 milli...

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China Opens Huge Commercial Market for Construction Industry

Huge Chinese-owned commercial market opens in Kandal Province bringing hopes for Cambodia construction industry. On June 21, a furniture manufacturer Chengdu Bayi Furniture Group based in Sichuan Province had officially opened its depot, the 'Chengdu Bayi Cambodia-China Commercial Market' located along National Road No.4 in Roka commune, AngkSnuol District, Kandal Province. Comprising of ent...

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Aluminium China 2018 to attract 20,000 visitors

Exhibitor Conglin’s booth at ALUMINIUM CHINA 2017 Asia's leading trade show for the aluminium industry supply chain, Aluminium China 2018, is scheduled to return next month bringing together leading industry figures, state-of-the-art technologies and advanced applications. The event will take place from 11 to 13 July at the Shanghai New International Expo Center in Shanghai, China. Since ...

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MLVT announces plans for new Chinese university in Chruoy Changva

H.E. Dr Ith Sam Heng and Chinese delegation during the souvenir giving ceremony after the courtesy call at ministry The Ministry of Labour and Vocational Training has announced plans for the construction of a Chinese-owned university in Chruoy Changva. MLVT Minister H.E Ith Sam Heng told the media of the plan following an audience with a delegation from the Tianjin Polytechnic University, led b...

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500 Startups Invests in Cambodian Local Real Estate Portal

A US-based venture capital firm known as 500 Startups has recently invested hundreds of thousands of dollars of seed capital in a Cambodian local property management system portal known as KhmerHome.com, according to Deal Street Asia. Founded in 2017, KhmerHome.com is an online platform owned by Mekong Classifieds which offers a localised real estate management system and in particular a new pr...

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CVEA Urges Government to Legislate Real Estate Brokers

Mr Cheng Kheng, chairman of board of directors of the CVEA. Photo Credit: La Reine The Cambodian Valuers and Estate Agents Association (CVEA) has recently urged the government to legislate real estate broker to help rid the market of a huge amount of ‘unqualified and ineligible’ real estate brokers currently operating in the kingdom. Mr Cheng Kheng, chairman of board of directors of the Camb...

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Basic Tips to Evaluate Property Value by Yourself

You might often wonder how others always make money from real estate investment or wonder why they always choose the right property to invest in. This is because they know how to evaluate property very well. However, property evaluation is not as complicated as you might think, and in fact, it is quite simple. Mr Sorn Seap, founder and CEO of Key Real Estate Co., Ltd., a real estate analyst, an...

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