Chinese Developer Announces 10 Year, Us$6bn Master Plan in Cambodia

One of Prince Real Estate Group in Cambodia China-based property developer Prince Real Estate Group (Cambodia) recently revealed their 10 year master plan in Cambodia with an injection at least US$6 billion investment to create the largest Central Business District (CBD) in Phnom Penh as well as other provinces across the kingdom. According to a video interview with RealEstate.com.kh, Mr Li ...

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Cambodia’s MLMUPC Mordernises Land Titles With Qr Code

H.E. Lor Davuth is captured from a video clip of MLMUPC. Cambodia’s Ministry of Land Management, Urban Planning and Construction has officially announced the introduction of the new land title with a QR code, an upgrade to help ease the management of databases of the General Department of Topography and Geography, give fast access to the information and effectively put to an end of fake land ti...

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Cambodia to Demand Extra 1.1 Million Houses by 2030

According to the government’s 2014 National Housing Policy, by 2030 an extra of 1.1 million houses will be needed to fulfill the demand of the population. Among that, Phnom Penh alone will demand about 800,000 houses. This statement has been mentioned and discussed in the EuroCham Cambodia breakfast talk on the affordable housing in Cambodia on May 24. Cambodia is currently having a populati...

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7NG to build Intelligent & Innovation City in Kandal Province

Sample photo of the smart city. Photo Credit: Industry Tap 7NG (Cambodia) Co., Ltd has revealed an ambitious plan to build an Intelligent & Innovation City or I.I. City on a 777-hectare plot in Kandal Province, with the aim of creating the fully functioning smart satellite city in Cambodia. According to a press conference by 7NG (Cambodia) Co., Ltd on 17 May, the I.I. The city will consi...

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Awards Bring New Momentum to Cambodia’s Rapidly Developing Construction and Real Estate Sectors

The third annual edition of the PropertyGuru Cambodia Property Awards 2018, presented by KHI, was held on 16 March in Phnom Penh. The event witnessed a significant increase in the number of participants from both local and international industrial players, proving that the Kingdom’s construction and real estate sectors are becoming the more attractive to different kinds of investors around the reg...

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Thailand Property Technology Firm Plans to Expand​ Business to Cambodia

A Thailand-based property technology company known as Baania is in negotiations with business partners in order to expand its business in Cambodia next year under a goal to boost revenue 50 per cent from last year, reported The Nation. Baania is online platform that provides a data analytics such as demand and supply analysis, market predictions, and brand value analysis, to help property buyer...

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How Green Space and Environmental Concerns Affect the Property Value

AA School of Architecture 2014 Phnom Penh continues to experience a greater density of developments as the real estate industry grow. The city’s population density is high, but green space per capita is falling below the average compared to other regional Southeast Asian cities. “There are many areas in Phnom Penh in need of green spaces,” according to Nguon Chhayleang, CEO of the Pointer. G...

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The Philippines embraces the smart city concept

SmartCity in Philippine A 9,450ha smart city is being planned for the Philippine island of Luzon, 120km north of the capital city Manila. New Clark City will feature what Singapore-based developer SurbanaJurong describes as an “R&D-driven industrial park focusing on innovative industries” and a business centre that will house “national government agencies, an agro-industrial park and an ...

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Will People Continue to Buy Borey Properties in 10 Years?

In Cambodia, boreys have become the most popular property among the local buyers over the past decade. More and more boreys have come onto the market in response to the high demand and more Cambodians are moving from old style shop houses in the city centre to boreys. According to a survey conducted by Key Real Estate Co., Ltd., there were a total of 104 borey projects in Phnom Penh in 2017. Ho...

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Exhibitor Booth booking launched for CCA’s 5th Cambodia expo

The Cambodia Constructors Association (CCA) has announced that booths are now available to be booked for the 5th Cambodia Construction Industry Expo scheduled for 29 November to 1 December 2018 in Phnom Penh. Hosted in conjunction with the CCA’s 7th Annual Summit, the expo is the nation’s premier construction and property event and is organised by the largest private organisation representing t...

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