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ខ្មែរ Business and Market
Property Developer-Owned Banks: Opportunity or Risk for the Real Estate Market?
- 23 November 2020
In recent years, some major property developers in Cambodia have started opening their own banks. Chip Mong Bank and Prince Bank are two main examples of banks owned by well-known large-scale developers. But what is their impact on the real estate market? Real estate expert and CEO of Pointer Nguon Chhayleang explained that while developers opening their own banks is essential the market, they ...
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Thai Air Con Manufacturer to Expand Business to Cambodia
- 23 November 2020
Thai air-conditioner and solar power manufacturer PPJ Engineering Co Ltd is planning to expand its business to Cambodia next year as local demand increases thanks to the construction sector boom. According to the Royal Embassy of Cambodia to Thailand, Mr Somkiat Limcharunthon, general manager of PPJ. Engineering Co Ltd gave assurances that the company will expand its business to Cambodia next y...
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Discover Innovative learning Journey Virtually at LED Expo Thailand + LIGHT ASEAN 2020
- 20 November 2020
The Virtual Exhibition LED Expo Thailand + LIGHT ASEAN 2020 is on-going and approaching the end by today. Mr Kitti Sukhumtanti, Vice President, the electrical and electronics unit of the Federation of Thai Industries (FTI) revealed that LED Expo Thailand, this year organized as ‘The Virtual Exhibition’ offers the most suitable solution for our LED & smart lighting industry. Moreover, trade ...
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Real Estate Veteran Richard W. Davidson Appointed Century 21 Cambodia’s Chairman
- 19 November 2020
Signalling its desire to be the number one company in the Kingdom of Cambodia and throughout Southeast Asia, the Board of Directors of CENTURY 21 Cambodia has recently announced that it has named Richard W. Davidson its new Chairman. Davidson, the former president and chief executive officer of the global franchisor Century 21 Real Estate LLC, is responsible for developing and implementing a st...
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Kingdom’s Annual Construction Exhibition Postponed to 2021
- 18 November 2020
Cambodian Constructors Association (CCA) has decided to postponed the kingdom’s biggest annual construction exhibition from late 2020 to any appropriate time in 2021, according to the recent CCA’s announcement. CCA has yet to any approximate dates of the event. The scheduled mainly depends on the status of the COVID-19 pandemic in Cambodia and the world. Known as the Cambodia Construction In...
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World-Class Golden Sky Project to Rise Along Mekong River Near Koh Pich
- 16 November 2020
The Morgan Enmaison Golden Sky project will soon be launched in the Mekong Delta and is expected to provide the first world-class luxury units in the area. The project is located on the top floor of the first building of Morgan Enmaison, which is 218 metres high and has only 70 units for Phnom Penh's most exclusive residents. The Golden Sky project provides luxurious two-story units, offerin...
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Chinese Firm to Invest US$1 Billion Building a Green Special Economic Zone in Svay Rieng
- 16 November 2020
A Chinese firm plans to build a 450-hectare green special economic zone worth approximately US$1 billion in Svay Rieng province, according to The Star on 14 November This enormous project is located about 4km south of NR1 or Svay Rieng city centre, and north of the river. A strategic partnership agreement for this project was signed on 13 November between a Chinese industrial park developer ...
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Which Real Estate Investment More Profitable Than Condos?
- 14 November 2020
Real estate expert revealed that investing in the strata-title office is another new investment opportunity, which can be more profitable than investing in a condominium. The strata-title office is a new type of real estate where individuals or companies can purchase office units in high-rise buildings, just like buying a condo. Pointer CEO Nguon Chhayleang said that the condo market in Camb...
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Why is the Real Estate Market in Cambodia Not Severely Affected by COVID-19?
- 13 November 2020
A real estate analyst and the CEO of Pointer Property has revealed that there are three main factors why the real estate market in Cambodia has been less affected by the COVID-19 pandemic compared to neighbouring countries. First, most real estate developers in Cambodia have huge capital in hand, for example, Borey Peng Huoth and Chip Mong. Given that, they can keep their business stable by con...
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Lvea Em a High Potential Real Estate Investment Spot Despite Flooding Risk
- 11 November 2020
Despite the flooding risk, the geographical and climatic factors have made the land in Lvea Em becomes a high potential investment area for future profitability, especially residential development projects, according to a real estate analyst. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap said, “Lvea Em is located between Ring Road 2 and Ring Road 3, that’s w...
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