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Phnom Penh’s Chamkarmon and Tuol Kork districts will continue to see investment in apartments, while Sen Sok will become a new target market, as the number of apartments in Phnom Penh is set to almost triple by 2030. According to a report issued on Tuesday by ...

Land prices in Preah Siahnouk province have risen slightly, by 5 to 10 per cent in early 2013, despite increasing numbers of tourists who have visited Cambodia and travelled to the province. Cheng Kheng, director of the CPL real estate company and president of Cambodian Valuers ...

Frequent power outages in Phnom Penh, a result of a shortage of supply and overuse by consumers, is harming the competitiveness of Cambodian products, industry insiders said yesterday. In addition to the challenges of expensive electricity prices, an ongoing issue for production costs, unreliable supply during ...

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according ...

Land prices in Cambodia continued to recover in the last half of 2012, especially in urban areas, following a collapse of the market in 2008, real estate investors say. ... Keuk Narin, vice president of Asia Real Estate Cambodia, told VOA Khmer that commercial land prices ...

Potential real estate investors in Siem Reap are being advised to look towards retail strips rather than hotels, according to Cambodian real estate professionals. Knight Frank’s Cambodia chief, Sunny Soo, said that while the hotel industry is well supplied, the town lacks an organised retail strip. ...

The owner of the under-construction 10-storey building located on the corner of Street 178 and Norodom Boulevard, who asked not to be identified, said the building will be used as office space and apartments. The three floors on the top of the building will be apartments ...

Canadia’s Bank’s futuristic $100 million Riviera project on Koh Pich Island will begin construction early in 2013, according to a company spokesman. Riviera project manager Chen Hok said that two 28-storey buildings and three buildings of 38 storeys will be built in early 2013, while they ...

Construction sector had attracted the investment of $1.38 billion in the first seven months of 2012, a 85 percent rise from $747 million at the same period last year, a report from the ministry of land management, urban planning and construction showed on Monday. During the ...

Vatha, a 42-year-old construction worker, has been toiling for four years at numerous building sites across Phnom Penh. He knocks down dilapidated dwellings and in their place builds houses and apartments that are bigger, better – and increasingly higher – as demand for residential property, especially ...

Architectural plans of a property development that is blamed for causing structural damage to French colonial-era buildings on Phnom Penh’s Sisowath Quay show drawings of a five-story residential building, complete with underground car parking. According to the plans, dated July 11, the mysterious company behind ...