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ខ្មែរ Projects Development
A 78 Floors Commercial Building to Flourishes Close to Diamond Island City
- 8 November 2017
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?
- 3 October 2017
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
- 3 October 2017
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
- 3 October 2017
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
- 3 October 2017
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
- 3 October 2017
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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New Siem Reap Airport to Take Off
- 11 September 2017
Construction on Siem Reap’s new airport could take off in early 2018 after the government and the contractor finalised negotiations. The USD880 million deal with China’s state-run Yunnan Investment Holdings Ltd (YIHL) and gives YIHL an exclusive 55-year build, own, operate (BOO) concession on the new facility. This new agreement replaces the exclusive 45-year contract with Cambodia Airports in ...
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Thai-based Makro Supermarket to Open Nine Branches
- 6 September 2017
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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CVEA Hosts First Property Show
- 28 July 2017
The Cambodia Valuers and Estate Agents Association (CVEA), the kingdom’s largest real estate association hosted its first property expo to showcase some of the nation’s iconic property developments across Cambodia. Hosted on 24-25 June 2017 at Sofitel Phnom Penh Phookeetra Hotel in Phnom Penh, the Cambodian Real Estate Convention and Expo 2017 (CAMREC 2017) featured condominium projects, reside...
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Price Differences Between Old and New Condominiums
- 28 July 2017
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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