Siem Reap’s Largest Mall to Open in 2018

Siem Reap’s largest mall and entertainment centre is set to open on a 1-hectare site in the centre of the city in 2018. The Heritage Walk is 40,000 square metre multi-storey development located on National Road No.6 that will feature covered and open-air retail space with 100 shops, restaurants, coffee shops and a cinema. The facility is expected to become a popular tourist attraction with loca...

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Nation’s Biggest Sez Set to Expand

The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road ini...

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Thai-based Makro Supermarket to Open Nine Branches

Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year. After breaking ground in late May 2017, Makro is currently constructing a two-storey 10,000-square-metre wholesale warehouse supermarket on a 5-hectare plot in Beong Pung Peay city in Phnom Penh’s Sen Sok district in the northwest of th...

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CCA Construction Expo approaching

With just over a month to go, the 6th Cambodia Constructors Association Summit & Construction Industry Expo is scheduled for 30 November to 2 December 2017 at the Diamond Island Exhibition and Convention Center. The nation’s largest construction trade show will bring together professionals from the construction industry as well as government officials. Having successfully hosted the Cambodi...

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A 78 Floors Commercial Building to Flourishes Close to Diamond Island City

Phnom Penh: Named the Glory International Center commercial building will invest hundred million dollars by China's investor near the Diamond Island Sattelite City close to the Bridge which will be open in 2023... (full text coming soon)

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The Condo Market in Cambodia… Where Do We Stand?

We can all see that the city is full of construction sites, with a majority of them condo projects. This represents a big step forward and a huge change for a new lifestyle in Cambodia. Many people say it will need time for Cambodian people to get used to this new way of living and the main concern is who will buy these condo units. Most of the projects are in the inner city, out of reach for m...

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Malaysian Property Investment Company Eyes Cambodia

A leading Malaysian-based property investment consultancy company has announced its intention to expand its operations into the ASEAN market, including Cambodia. The executive chairman of Rahim & Co International told the Malaysian newspaper the Sun Daily that the company intends to open at least two or three branches in the next five years. Key target markets included Cambodia and Vietnam,...

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Real Estate Finance, Investment Analysis, Valuation & Modelling

Real estate construction or investment requires a high level of technical expertise in building and using financial models if the building is to be profitable for its builder or owner. This has not always been available, with the result that a large percentage of real estate has been built or bought without the necessary understanding or planning to underpin decision making. The consequence of thi...

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The Trend of Penthouse Living in Phnom Penh

Due to the limited supply of condominium buildings in the past, there used to be only a handful of penthouse units available in the market. But new projects today are offering more penthouse units. The average size of penthouses ranges from 300 to 500 square metres. Unlike typical condominium units where demand comes from a combination of buy-to-let investors, end-users and speculators, demand ...

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Cambodia Property Awards 2018 Take off

The nominations for the Cambodia Property Awards 2018 are now open for developers and the general public until 5 January, while entries are accepted until 12 January 2018, according to the awards’ 21 June press release. Organised by Asia’s foremost online property company PropertyGuru Group, the PropertyGuru Cambodia Property Awards is part of the regional Asia Property Awards program which was...

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