Real estate

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 ...

Growth in the local property sector remained robust in the second quarter of 2018, with the condominium, office and industrial sectors all contributing significantly to its expansion, according to CBRE’s latest report.​​ However, uncertainty regarding the upcoming general election has chipped away at investors’ confidence ...

Local real-estate firm Grand Lion Group reached a deal with US-based Marriott group to manage and operate a new five-star hotel in the coastal city of Sihanoukville. ...

The spokesman for the Ministry of Foreign Affairs hit back at news reports about Chinese investors laundering their money through Cambodia’s real estate market on Monday, calling them “baseless”. ...

Preah Sihanouk’s provincial governor on Wednesday warned that legal action would be taken against any brokers trying to grab land in the Kbal Chhay area, where it is prohibited to build property or sell land plots. The warning came after provincial authorities discovered that in recent ...

The government announced a more than 20 percent increase in approved construction projects last year over the year before, but not all the benefits of the booming industry are being passed on to Cambodian workers and property buyers, according to industry insiders. ...

The Ly Yong Phat (LYP) Group announced it will invest millions of dollars to develop The Premier Land project to meet the demand for shophouses, thanks to the potential the location has for the development. ...

Land prices in Siem Reap town increased slightly last year compared with the previous year, thanks to the growing strength of the tourism industry, according to insiders. The provincial capital saw prices rise about five percent in residential areas in 2017 and about 10 percent ...

Across this traditionally low-rise Cambodian capital, a building boom is becoming more noticeable as it pushes higher into the sky, and its largest projects are often geared towards Chinese investors, who have only recently taken interest in the nation’s real estate market.​ ...

Cambodia will have its third architecture and design exhibition in May next year in response to the growing demand for expertly designed structures and beautiful buildings. The exhibition, organised by Thai ICV subsidiary ICVeX and the Cambodian Society of Architects, will revolve around the theme ...

Scandals are beginning to brew now that the real estate market is expanding with more affordable housing and cheaper land prices. The situation has been exacerbated by the lack of laws governing the sector and managing stakeholder disputes. ...

Local diversified company Jet’s Group has launched a new collateral option that allows would-be homeowners to buy gold bullion from Hong Kong that can be used to secure investments in its Cambodian property developments, a company executive said yesterday. ...

he Kingdom’s biggest industrial park is moving beyond its initial development stage and looking to attract nearly 200 new tenants in the next five years as it doubles its footprint. ...

Knight Frank Cambodia, a leading independent real estate consultancy in Cambodia, released its latest half yearly commercial and residential report for 2017. The report highlights four main sectors: the office sector, retail sector, serviced apartment sector and condominium sector. ...

The number of construction projects approved in Cambodia during the first half of the year increased 28 percent compared with the same period last year, amounting to a total value of around $4.9 billion, according to the latest figures from the Ministry of Land Management, ...

Phnom Penh is set to welcome a significant wave of condominium supply in 2017, with about 7,000 units due to be delivered by the end of this year.​​ However, the demand for condos appears to be dropping slightly, according to the latest report from CBRE. ...

The resort and housing complex, which has only recently started construction, is located in Dangkao district’s Kong Noy commune, making it an 18-kilometre journey from Wat Phnom in Phnom Penh. ...

Acleda Bank has provided $40 million to customers in the form of housing loans since the start of 2017, marking a growing trend of home loans being taken out across the country. ...

Cambodia is one of the emerging nations that attracts foreign investors in the real estate sector, thanks to its growth and good performance, according to a recent report from PropertyGuru. ...

Following the steady rise of tourism in Sihanoukville, property development in the coastal town is heavily targeting the nonstop influx of Chinese flocking to the area.Although Sihanoukville has, in recent times, been synonymous with a growing number of Chinese tourists, currently it is going through ...

As the country now focuses its attention on the commune elections, the real estate sector has quietened down slightly to observe the situation. However, Worldbridge Land’s chairman Sear Rithy is unperturbed as he prepares to launch another large-scale development in the capital. ...

Following the steady rise of tourism in Sihanoukville, property development in the coastal town is heavily targeting the nonstop influx of Chinese flocking to the area. ...

It takes three hours by car to get to the quiet province of Pursat from Phnom Penh, winding westwards along approximately 200 kilometres on National Road 5. Recently, though, the sleepy town has been stirring under some ongoing developments in the form of a combined ...

Investment in Cambodia’s booming construction industry increased by 43.3 percent over the first four months of the year compared to the same period last year, according to data released by the Land Management Ministry on Tuesday. ...