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ខ្មែរ 
Business and Market
The Gateway to Open for Business in Late 2019
Located along Russian Boulevard in the newly expanding Central Business District, the Gateway Cambodia is expected to complete construction work by December 2019, with the mixed-use residential and business facility open for business soon after. The development is a joint venture by Tiong Aik Corporation Singapore (TA Corporation Ltd.) which has a track record of over 40 years’ experience in th...
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How to Choose an Office Space
When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the ...
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PESTECH Dreams Big in Cambodia’s Power Industry
https://youtu.be/Zuta3paLX-c https://youtu.be/YJ8UnZMLC2k While Cambodia hungers for increased megawatts of power capacity, Malaysian-owned power infrastructure provider Pestech International Berhad has increased its involvement in the kingdom’s power development in recent years and is aiming bigger after it won an international prize awarded for best structural design and build in utilities...
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Korea’s E-mart to Open in the Kingdom
Through a deal between local conglomerate Royal Group and Korea’s largest retail market operator E-mart, consumers in Cambodia will soon enjoy sourcing discounted products in this modern hypermarket. Scheduled to open in the first quarter of 2019, E-mart is incorporated in Cambodia via a joint venture agreement signed in late July in Phnom Penh between Royal Group Chairman Oknha Kith Meng and E...
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Price Differences Between Old and New Condominiums
Overseas buyers of condominiums in Phnom Penh are surprised by the fact that prices for newly- launched projects can be so much higher than buildings that were completed three to five years ago in almost exactly the same location. Here in Phnom Penh, it is not just location that drives price, there are other more important factors such as age, design and specification of the building and how th...
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Prices Soar for Luxury Villas in Coastal Cities and Towns
https://youtu.be/3o45KGZFQqE The limited number of new luxury villas in Sihanoukville and Koh Rong has led to the increase in price for the villas as demand is relatively strong in this niche market. Market preference has shifted towards hotel-branded products that offer the ability to generate rental income, quality management, five-star services and facilities. 2016 proved to be a good...
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Property Investment as an Income – Producing Asset
Low interest rates on saving accounts encourage investors to buy properties as an income-producing asset. In Cambodia, more and more people are buying properties to lease out. But to get the best returns, it requires detailed knowledge of the real estate market and what drives rental markets. Most Cambodian (or Asian buyers in particular) prefers to own a property rather than rent a property. For ...
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Asia Square 2 in Capitaland’s Sights
CapitaLand, Singapore’s leading real estate developer and fund manager, is negotiating to purchase Asia Square 2 according to media reports. Located in the ultra-exclusive and prime Marina Bay district in Singapore, the BlackRock-owned 46-storey Grade-A commercial building is estimated to be valued at more than USD1, 900 per square foot. In June 2016, Asia Square Tower 1 was sold to the Qata...
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Scaffolding in the construction industry
Scaffolding is named after its area of application. Façade scaffolding is used for work operations on the front of a building façade. Besides working platforms, reinforcement and access scaffolds are utilised on construction sites. To transfer vertical loads, shoring or load-bearing, scaffoldings are being used to safely support any structures during construction. Industrial scaffolding provide...
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New China ASEAN Construction Club Born
To strengthen partnerships between the building industries in China and ASEAN, the China-ASEAN Construction Industry Cooperation Committee was established in May. The committee is the fourth building industry group spanning the two regions to promote business relations between Chinese construction-related firms and their ASEAN counterparts. It follows the China-ASEAN Building Materials Cooperat...
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