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ខ្មែរ Urbanization and Architect
Analysts: Skyrocketing Land Prices Along 60-metre Road Makes It Difficult for Residential Developers
- 20 April 2019
The rapid development along the 60-metre road in the southern part of Phnom Penh has caused land prices to skyrocket, making it difficult for residential developers, according to a leading real estate analyst in Cambodia. Speaking with Construction & Property Magazine in early April, Ms Ann Sothida, director of international real estate agent CBRE Cambodia, said the sharp increase in land p...
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First Phase of Prince Manor Resort Opens
- 19 April 2019
An international leisure park being built by Chinese developer Prince Real Estate Group has opened phase I, as part of its mega project in Kandal Province, according to a post on the company’s facebook. Stretching over 13 hectares of land, the first phase of the ‘Prince Manor Resort’ was opened to the public last week featuring five theme parks, including Family Fairy Park, Forest Rhythm Park, ...
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SSCA: Koh Kong Airport Construction Timeframe Uncertain
- 19 April 2019
The State Secretariat for Civil Aviation (SSCC) has cast doubt on the completion timeframes for the new Dara Sakor International Airport and the restoration of Koh Kong Airport. SSCC’s secretary of state Chea Aun said on Friday 20 April 2019 that the development of the Dara Sakor International Airport construction is currently in the stage of preparation. Asked if the construction would end ...
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Construction Machinery Imported to Sea and Cambodia
- 18 April 2019
Sample photo by KHL Group More than 100 items of construction machinery manufactured by Chinese firm XCMG have been imported to support construction projects across Southeast Asia, including Cambodia’s first expressway project, according to an XCMG press release. On 16 April 2019, XCMG reported that it had recently hosted a delivery ceremony for 100 XE215 excavators worth around US$7.45 mill...
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Government Approves Us$98 Million Development in Tbong Khmum Province
- 12 April 2019
Photo by thewriterpreneur.com The Council for the Development of Cambodia (CDC) approved a development project worth nearly US$100 million in Tbong Khmum province on 12 April 2019, according to a post on its Facebook page. The approval was for the development of Kim Pich Development Co., Ltd., which includes a 5-star hotel with 365 keys, a commercial building, golf club, bungalows, villas, res...
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Feasibility Study on Monorail and Metro in Phnom Penh Under Way
- 11 April 2019
Sample photo by greenvillejournal.com The Ministry of Public Works and Transportation (MPWT) has said that the feasibility study on a monorail and metro in Phnom Penh is being conducted, citing that the study will lead to options for the government in developing the city’s transport sector to ease traffic congestion. Speaking at a meeting on road safety at the Ministry of Interior held on 09...
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Affordable Segment Leads Phnom Penh Condominium Market
- 10 April 2019
With construction investment estimated to have reached US$1.8 billion during the first quarter of 2019, the condominium sector saw an increase in supply of more than 7% q-o-q driven by the affordable segment, according to the first quarterly report from international real estate agent CBRE Cambodia. CBRE Cambodia reported that three condominium projects were completed during the three-month per...
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Underpass Construction Project on National Road Gets Green Light
- 10 April 2019
Sample photo by Phnom Penh Municipality Facebook Page Phnom Penh Municipality has agreed on the construction of underpass proposed by Borey Peng Hout, a real estate developer, along the National Road No.1 of Boeng Chhuk village, Nirouth commune, Chbar Ampov district. Meat Measpheakdey, spokesman at Phnom Penh Municipality, said that the project was given the green light to the proposal by th...
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Four Cement Factories Capable to Produce 7 Million Tons
- 9 April 2019
Sample photo by chipmong.com Four cement factories in Cambodia are capable in producing about 7 million tons per year to respone to the demand of the increasing construction sector in the country, according to Ministry of Mines and Energy. Speaking at the 7th extractive industrial governance forum recently, Mr Peng Navuth, under-secretary of state of Ministry of Mines and Energy, said the in...
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Sen Sok Attracts Most Boreys While Chroy Changva Becomes Most Popular
- 9 April 2019
Among the 12 districts in Phnom Penh, Sen Sok district holds most borey projects while Chroy Changva district is becoming more popular, according to the first quarterly report by international real estate agent CBRE Cambodia issued on 09 April 2019. Among the four sectors studied, the landed property sector is becoming one of the main sectors for the property market with the report finding that...
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