News

While commercial buildings in Phnom Penh are still in demand, occupancy rates, however, have fallen slightly for residential apartments, according to global property consultancy Knight Frank. ...

The latest report on the state of Phnom Penh’s property market makes bleak reading for investors and those betting on a lucrative future in the short-term. ...

JWD InfoLogistics Plc is planning to expand its business to the Cambodian market with the launch a real estate investment trust (REIT) worth 2 billion baht (about $56.4 million) this year to finance its expansion in ASEAN, according to a report in the Bangkok Post. ...

Commercial occupancy rates stayed almost flat in the first half of this year, with vacancy rates seeing only a marginal decline, according to a new semi-annual report from property consultancy firm Knight Frank. ...

Although land prices have been cooling throughout Asean, Cambodia remains an exception – but that is not expected to last much longer, analysts say. ...

“The Most Luxurious Home in Phnom Penh,” the placard reads, behind a glowing architectural model of Sky 31, one of the city’s many high-end condominiums under construction. ...

A key component of the enormous ING City satellite city south of Phnom Penh – Samdech Techo Hun Sen Boulevard – is nearing completion. It will also provide access to ING City – previously known as AZ City – which is being constructed on land ...

Demand for top-quality workspace in Phnom Penh is increasing, so much so that property firm Knight Frank has labelled the capital as the fastest-growing city for rented prime office space in the entire Asia Pacific region. The firm’s June 3 quarterly report, which marks the first ...

After postponing construction due to the 2008 economic crisis, work on the ambitious Cambodia Plaza is gradually being resumed. The plaza is a mixed development project along Russian Boulevard close to the western end of the 7 January Overpass. Cambodia Plaza project manager Adam Liv said the ...

Despite the massive spike in development underway in Phnom Penh, a new report says that the public interest is becoming marginalised in favour of the political and business elite. The report, from NGO Sahmakum Teang Tnaut (STT), says that currently “commercial interests are driving the urban ...

Peering out over the Tonle Sap River in Phnom Penh from a sixteenth-storey private balcony at the new Bellevue Apartments, one could watch for hours as cranes swing back in forth over all the new developments on the west side of the water. “Phnom ...

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. ...

Approximately $11 million will be invested in the 14-storey Silvertown Serviced Apartments in BKK1, according to the president of agents Knight Frank last week. Sunny YL Soo, the managing director of Knight Frank in Cambodia, said that the demand for leased apartments in Cambodia is rising ...

Slow demand for office space in Phnom Penh is leaving the owners of high-rise buildings constructed in recent years struggling to find clients, according to real estate experts. But construction of the Vattanac Capital Tower, a $150 million, 36-story building slated to open its first ...

  After a slow year in 2010, demand for office space in Phnom Penh is beginning to rebound as occupancy levels in new and existing units increase, real estate experts said yesterday. However, it is still unclear whether or not there is enough demand to fill ...

Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...