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ខ្មែរ Projects Development
Prices Soar for Luxury Villas in Coastal Cities and Towns
- 28 July 2017
https://youtu.be/3o45KGZFQqE The limited number of new luxury villas in Sihanoukville and Koh Rong has led to the increase in price for the villas as demand is relatively strong in this niche market. Market preference has shifted towards hotel-branded products that offer the ability to generate rental income, quality management, five-star services and facilities. 2016 proved to be a good...
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Property Investment as an Income – Producing Asset
- 28 July 2017
Low interest rates on saving accounts encourage investors to buy properties as an income-producing asset. In Cambodia, more and more people are buying properties to lease out. But to get the best returns, it requires detailed knowledge of the real estate market and what drives rental markets. Most Cambodian (or Asian buyers in particular) prefers to own a property rather than rent a property. For ...
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VTRUST Tower Opens to Tenants
- 30 March 2017
VTRUST Tower, a 15-storey office building with about 18,000 square metres of high-end leasable area has opened for occupation. Officially launched on 17 February, the uniquely-designed building dedicated to high grade office space is located along Czech Republic Blvd within Phnom Penh’s bustling commercial hub. It has been developed and is operated by VTRUST Group, one of Cambodia’s leading fac...
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Casa Meridian Launches Lease-to-own Deal
- 30 March 2017
In line with the maturing market and the need to attract new kinds of investors, the luxury Casa by Meridian condominium has launched a lease-to-own initiative for the first time in Cambodia. The lease-to-own plan allows a person, family or business to lease a space first for three years and enjoy growing their family or business from there. After the three years, they can exercise the option t...
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D.i. Riviera’s Two Towers to Open in 2017
- 10 March 2017
Rising over the three rivers at the northern edge of Phnom Penh’s Diamond Island, two of the five D.I.Riviera Condominium towers are scheduled to open in late 2017. Located at Diamond Island of Phnom Penh’s Tonle Bassac, Diamond Island Riviera features five towers: The 33-floor Towers A and B, and the 42-floor Towers C, D, and E that will jointly carry the ship-like sky park. The 5-hectare comp...
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11 shortlisted developers are vying for Cambodia Property Awards 2017
- 9 March 2017
Former Winners and new entrants go head-to-head in the country’s biggest annual real estate event Master developer Shukaku leads the race with a total of 5 nominations Support from various sectors have poured in, including top business associations and media outfits More than 300 guests are expected to attend the 24 March gala at Sofitel Phnom Penh Phokeethra PHNOM PENH, Cambodia – 2...
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Phnom Penh Market Flooded by Smaller Condo Units
- 9 December 2016
Traditionally, Cambodians prefer property at ground level. However, the increased security and lower maintenance costs of condominiums is causing their attitudes to shift. The real estate market in Phnom Penh is going through a very big shift with significant focus on condominiums and serviced apartments, with fewer office buildings and hotels, and a limited number of retail centres being built...
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Ta Khmao’s Condo Towers to Break Ground in 2018
- 9 December 2016
Construction of the luxury twin condominium towers of Center City Takmao complex will kick off in early 2018, following the completion of the commercial shop houses and other commercial buildings in late 2017. Located just 15km south of Phnom Penh along the Tonle Bassac riverfront, construction on the USD150 million complex has sped up on its 68 commercial shop houses which has resulted in over...
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Garden Taking Root in Modern Lifestyles
- 9 December 2016
As lifestyles and living environments become ever more sophisticated, Sokea Garden aims to be the leading local botanic decoration expert working to international standards. Maslow’s human need theory argues that after fulfilling their basic needs such as shelter, food, and clothes, people seek comfort and entertainment and a similar trend can now be seen emerging in Cambodia as increasingly af...
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The Penthouse Foundation Works Complete
- 8 November 2016
After breaking ground in March this year, foundation works on the 5-star condominium The Penthouse Residence are complete with basement and structural works to follow. Located in the heart of Phnom Penh’s fast-growing riverside commune along Sothearos Boulevard in front of Sofitel Phokeethra Hotel and Aeon Mall, the Penthouse is built to international standards and with the latest, innovative b...
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