Property boom, not bubble
Phnom Penh is changing at a blinding pace, with major new residential and commercial projects set to transform the capital’s skyline within the next five years. Chrek Soknim, CEO of Century 21 Mekong Realty, one of nearly two dozen Century 21 Cambodia affiliates, sees oversupply ...
Igor Kossov
http://www.khmertimeskh.com/news/12684/property-boom--not-bubble/
Condominium developers begin shift towards local market
It is no secret that Cambodia’s condominium market has largely focused on attracting international developers and investors looking to jump into a growing market by offering expensive upscale units, but, as the standard of living in Cambodia is on the rise, many projects are shifting ...
Siv Meng
http://www.phnompenhpost.com/real-estate/condominium-developers-begin-shift-towards-local-market
Fading confidence repelling condo buyers
Waning confidence in Cambodia’s political stability is discouraging overseas buyers from investing in the thousands of condominium units shooting up in the country, a leading realtor said on Wednesday. ...
Kang Sothear
https://www.cambodiadaily.com/news/fading-confidence-repelling-condo-buyers-115135/
S-21 marks UNESCO listing
July 31 marked the 12th anniversary of the listing of Tuol Sleng Genocide Museum Archive in UNESCO’s Memory of the World Programme. This year, it was observed virtually due to the Covid-19 pandemic. ...
Nov Sivutha
https://www.phnompenhpost.com/national-kr-tribunal/s-21-marks-unesco-listing
Takeo’s Road 21 now free of charge
The government has decided to make Road 21 more accessible to motorists in Takeo province by alleviating the financial burden of paying tolls, the provincial governor said yesterday. ...
Sen David
https://www.khmertimeskh.com/50522673/takeos-road-21-now-free-of-charge/
CSO coalition letter ready for climate talks
A coalition of civil society organisations (CSOs) has produced a document laying out in detail the projected dire effects of climate change on the Kingdom, in the hopes it will help their voice be heard among the 25,000 delegates attending the upcoming Paris Climate Talks ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/cso-coalition-letter-ready-climate-talks
Strategic National Road 21 stretch opens
A nearly 64km stretch of National Road 21 connecting the Takhmao roundabout in Kandal province’s Takhmao town to the Cambodian-Vietnamese international border checkpoint between Chrey Thom and Vietnam’s Long Binh was formally inaugurated on March 23. ...
Mom Kunthear
https://www.phnompenhpost.com/national/strategic-national-road-21-stretch-opens
Minister mulls blacklisting firm over National Road 2, 22
Minister of Public Works and Transport Sun Chanthol has warned that a South Korean company that was awarded the contracts to construct stretches of National Roads 2 and 22 may be blacklisted from operating in the Kingdom after the ministry determined it had worked too ...
Lay Samean
https://www.phnompenhpost.com/national/minister-mulls-blacklisting-firm-over-national-road-2-22
US real estate giant Century 21 opens Cambodia office
California-based real estate firm Century 21 enters the emerging Cambodian property market with today’s formal opening of its local operations in the country. According to Goos, the local franchise of Century 21 would concentrate on foreign buyers, especially on selling new condominiums, to avoid competing ...
Property Report News Staff
http://www.property-report.com/us-real-estate-giant-century-21-opens-cambodia-office-36243
Announcement: photographs of the victims at the former Khmer Rouge prison S-21 to be colorized and edited in part from the actual situation
On 11 April 2021. the Ministry of Culture and Fine Arts release an announcement on the photographs of the victims at the former Khmer Rouge prison S-21 to be colorized and edited in part from the actual situation while the victims were threatened by the ...
Ministry of Culture and Fine Arts
North park condominiums unveiled
The curtain was pulled back Sunday on Royal Group’s latest development – North Park Condominium. The real estate project comprises three nine-story condominium buildings spread over 13 hectares in Sen Sok district. ...
Sum Manet
http://www.khmertimeskh.com/news/17985/north-park-condominiums-unveiled/
Tropical Depression now heads to Vietnam, Cambodia
Following the rounds of tropical downpours across the Philippines, danger now aims for Vietnam and Cambodia for the weekend. ...
Eric Leister
http://www.accuweather.com/en/weather-news/tropical-flooding-downpours-ta/37961921
Bavet land prices stable
Falling demand for land in Svay Rieng province’s Bavet City has ensured that land prices have remained stable in the first eight months of the year, according to industry insiders. Relatively stable property sales and a few industrial development projects have helped to ensure that land ...
Sum Manet
http://www.khmertimeskh.com/news/29824/bavet-land-prices-stable/
Condo sales up but glut looms
Some 13,730 condominium units were sold in Phnom Penh in the first half of this year compared to 13,050 units in the same period last year representing an approximate five percent increase in sales, according to figures from a real estate company. However, insiders believe ...
Sum Manet
http://www.khmertimeskh.com/news/27004/condo-sales-up-but-glut-looms/
King Sihamoni calls for climate action at COP21
King Norodom Sihamoni delivered an impassioned plea for a legally binding international climate change treaty in an address to the delegates of 195 nations and the world’s civil society on Monday night as the UN Climate Talks in Paris (COP21) opened. ...
Alessandro Marazzi Sassoon
http://www.phnompenhpost.com/national/king-sihamoni-calls-climate-action-cop21
EU to raise climate change awareness in Kingdom
The European Union in Cambodia held a panel discussion about climate change on Wednesday in coordination with a United Nations-led global climate change conference to be held in Paris at the end of the year. ...
Donald Lee
http://www.khmertimeskh.com/news/12369/eu-to-raise-climate-change-awareness-in-kingdom/
Century 21 aims to increase Japanese investment
Century 21 Cambodia is now working with Century 21 Fuji Housing Co. Ltd. to draw more Japanese investment into the domestic property. ...
Sum Manet
http://www.khmertimeskh.com/news/22257/century-21-aims-to-increase-japanese-investment/
China dominates construction
China is the top-ranking foreign investor in the construction and property sectors in Cambodia, with South Korea and Japan coming second and third, according to a new government report. ...
Sum Manet
http://www.khmertimeskh.com/news/29552/china-dominates-construction/
Competition puts pressure on mortgage rates
Mortgage rates are set to continue their decline, driven by strong bank competition, say banks and home lending experts. ...
Igor Kossov
http://www.khmertimeskh.com/news/13633/competition-puts-pressure-on-mortgage-rates/
Property insurance grows in Cambodia
Property insurance is on the rise in Cambodia, driven by greater market awareness, growing home ownership and more extreme climate conditions. . ...
Igor Kossov and James Reddick
http://www.khmertimeskh.com/news/14376/property-insurance-grows-in-cambodia/