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ខ្មែរ Business and Market
Aeon Mall 1 Expansion Confirmed
- 20 July 2021
Aeon Mall 1 on Samdech Sothearos will expand its ground floor to host at least 30 more commercial stores, according to the firm’s press release. The expansion work will increase the ground floor space to 27,000 square metres area which will bring the ground floor space to a total of 162,000 square metres. With this new expansion, the ground floor will be able to host 30 more new commercial s...
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Thailand’s Property Developers Adopt Cryptocurrency
- 20 July 2021
Some property developers in Thailand have allowed buyers to use cryptocurrency to pay for their home purchases, reflecting Thailand’s real estate market’s moves toward the digital economy. The firms taking the lead in this project include AssetWise, SC Asset Cooperation Plc, and Sansiri Plc, according to the Bangkok Post in June. The project aims to boost residential sales as well as tapping...
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Family-Friendly Lennar Community on Florida’s Fantastic Gulf Coast
- 20 July 2021
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community of Touchstone in Tampa, Florida....
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What is Timeshare? – What Are The Differences Between Timeshare & Condotel?
- 20 July 2021
Timeshare investment is the division of ownership of a unit in a hotel or resort into smaller parts/shares so that investors can purchase shares at an affordable price. Shares are divided based on usage time, typically in one-week increments. Thus, with 52 weeks a year, the property will have a total of 52 shares. For instance, if you purchase two shares, you will have the right to stay or own ...
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Indonesia Eyes Construction & Real Estate Investment in Cambodia
- 16 July 2021
Indonesia is looking for opportunities to partner with three Cambodian tycoons to invest in several key sectors in Cambodia, while construction and real estate are among the top priority. The interest was expressed through the Indonesian Ambassador to Cambodia Sudirman Haseng during a meeting with President of WorldBridge Group Oknha Sear Rithy, President of Mong Reththy Group Oknha Mong Retthy...
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LABS Group to Auction World’s First NFT Resort in Indonesia, Name Cambodia as Next Target
- 14 July 2021
By LABS Group/ACCESSWIRE LABS Group, an end-to-end blockchain property investment platform, will begin its auction of the world's first-ever community-owned resort and Rewarding Timeshare (RTS) non-fungible token on 15 July 2021. The Kunang Kunang Glamping is a brand new resort located in Banyuwangi, Indonesia and is developed and operated by LABS Group partnered with Gravity Resorts. Wit...
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US Firm Brink’s Partners with WorldBridge Group to Provide Valuable Logistics Services in Cambodia
- 13 July 2021
US firm Brink’s, which has over 150 years’ expertise in logistics services, has officially partnered with WorldBridge Group subsidiary WorldBridge Secure Logistics to provide valuable logistics services in Cambodia. The partnership between Brink’s and WorldBridge Secure Logistics was announced in the second week of July, with the new joint venture rebranded as Brink’s WorldBridge Secure Logisti...
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79 New Factories Registered, 135 Close in H1: Industry Ministry
- 8 July 2021
During the first half of 2021, there was a total of 79 new industrial investment projects registered in the kingdom, while 135 others have announced closures due to the pandemic. This is according to the primary report from the Ministry of Industry, Science, Technology and Innovation (MISTI). Secretary of State and Spokesperson of MISTI HE Heng Sok Kong said on Thursday 8 July that the newly...
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CBRE: Property Market Still Facing High Degree of Uncertainty Despite Vaccine Roll-Out
- 7 July 2021
The real estate market in Cambodia remains under pressure and is still facing a high degree of uncertainty despite the very impressive vaccine roll-out by the government, with experts not expecting to see a recovery this year. According to the CBRE Cambodia 2021 Mid-Year Review Webinar yesterday, all four main sectors of the property market are still seeing a downward trend. For the condomin...
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Golden Park to Launch Official Pre-Sale with up to a 12% Discount
- 6 July 2021
Advertorial One of Cambodia’s leading real estate developers Golden Park will launch an official pre-sale of The Natural Project on Thursday 8 July with up to a 12% discount and a 24-month instalment term without interest. The Natural Project is a modern borey (Landed Property) spread out on over 50 hectares with 4.5 hectares of green space and a nature park. Located in the high potential ar...
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