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ខ្មែរ Projects Development
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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PhnomPenh City Hall Diary
- 26 August 2016
Construction & Property Magazine is pleased to introduce a new regular feature bringing all the latest news from Phnom Penh City Hall. Design Options Proposed For BKC Traffic Light City Hall and experts from relevant public and private companies discussed the several options of design plans for the BKC traffic light (Canadia Bank). The final design has still not been selected as City H...
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Mlmupc News
- 26 August 2016
Construction & Property Magazine is pleased to launch a new regular column providing updates direct from the Ministry of Land Management Urban Planning and Construction (MLMUPC). - Land Dispute Working Group Set up To solve controversial land issues and prevent future conflicts, the MLMUPC established 27 working groups on 3 June. Comprised of technical officials from the ministry, the gr...
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Nation’s First Oil Refinery Online for 2018
- 22 July 2016
After years of uncertainty and controversy in the local petrochemical sector, Cambodia’s first oil refinery plant is expected to go online in 2018 thanks to a USD3 billion joint venture between Cambodian and Chinese firms. The Cambodia Petrochemical Company (CPC) signed an MoU worth USD620 million in May with the Chinese National Petroleum Company (CNPC) Northeast Refining and Chemical Engineer...
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Fine Complex to Rise at Ta Khmao in 2018
- 10 July 2016
2018 will see Ta Khmao city transformed into a real estate development hub thanks to the presence of the first large-scale residential and commercial development project called Center City Ta Khmao which is located just south of Phnom Penh along Ta Khmao Town’s Tonle Bassac riverfront. Built on a 15,463 square metre plot with 10,668 square metres of beautiful landscaped surroundings, Center Cit...
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DOUBLING UP: UPGRADES INCREASE AIRPORT CAPACITY
- 9 July 2016
The double-digit growth in air passenger traffic in Cambodia has led to an upgrading of the nation’s current international airports. To absorb ever-increasing passenger numbers, new and enhanced facilities at Phnom Penh International Airport (PPIA) and Siem Reap International Airport (REP) were inaugurated in mid-March after plans were first initiated in 2011. With an expansion plan already ...
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Archetype Group Acquires Asia Pacific Operations of Tebodin
- 9 July 2016
An agreement in March saw multi-disciplinary construction consultancy, Archetype Group acquire the Asia Pacific operations of Tebodin, a consultancy and engineering company with offices across South East Asia, according to a press release from the company. The acquisition sees Archetype Group complement its portfolio, with the companies strengthening each other’s position in diverse market segm...
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