Projects Development
Phnom Penh Office Market Remains Robust in Q2
Despite the decrease in total supply by 3.3 percent in Q2, the Phnom Penh office market remained robust with an overall occupancy rate of 87.7% - a 5% increase from Q1 - according to a report by CBRE Cambodia.
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NBC: Construction Sector Strength Driven by Three Factors
According to the semi-annual report from the National Bank of Cambodia (NBC), three factors have driven the growth in the construction sector.
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CBRE: Phnom Penh Retail Supply Increases by 43% in Q2 2018
Retail real estate supply in Phnom Penh was recorded to have risen by 43% in Q2 of 2018 compared to Q1, according to the latest report by CBRE Cambodia.
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Siem Reap to welcome US$70 million Cambodia-China Cultural and Creative Park
According to the firm’s announcement, the project broke ground on 19 July and is scheduled to open for the public in early 2020.
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Deal Signed for the City Gate Commercial Complex
The long-awaited deal between Cambodia and China for “The City Gate” mega commercial complex has been officially signed, according to the press release.
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Chinese Developer Announces 10 Year, Us$6bn Master Plan in Cambodia
China-based property developer Prince Real Estate Group (Cambodia) recently revealed their 10 year master plan in Cambodia with an injection at least US$6 billion investment to create the largest Central Business District (CBD)
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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,
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Concessional Loan Agreement for Ring Road No.3 Signed
The Ministry of Economy and Finance (MEF) has signed a concessional loan agreement with China funded bank Export-Import Bank of China (EXIM Bank of China) for the construction of the Ring Road No.3
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Sales Launched for Kandal Province Affordable Housing Project
B&BM Development Co, Ltd launched official sales for their affordable housing project Borey Sen Monorom in Kandal province on 12 July.
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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.
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