វិស័យឧស្សាហកម្ម
អចលនទ្រព្យ
World Bank Says Freeze on Lending Remains
After repeatedly equivocating about whether it has lifted a 2011 freeze on new lending to Cambodia in response to the government’s forced evictions of families in Phnom Penh, the World Bank has said that the suspension is still firmly in place. “The World Bank has not ...
Zsombor Peter
http://www.cambodiadaily.com/news/world-bank-says-freeze-on-lending-remains-46681/
As mosques are replaced, Cham minority could see heritage fade
Cambodia is home to some 400,000 Cham Muslims. The ethnic group, like many others, suffered terrible losses during the Khmer Rouge regime. Lives were lost and cultural landmarks destroyed. Now, as mosques and heritage sites around the country are demolished to make way for more ...
Poppy McPherson and Mom Kunthear
http://www.phnompenhpost.com/7days/mosques-are-replaced-cham-minority-could-see-heritage-fade
Camko City starts third phase
The Now World City company is starting construction of its third phase at Camko City after its satellite city had suspended operations for a while. Kim Duk Kon, the vice president of World City, said that the new project included building luxury villas, with 140 houses ...
Siv Meng
http://www.phnompenhpost.com/real-estate/camko-city-starts-third-phase
Cambodia's construction sector attracts 2.27 bln USD in 9 months
Cambodia’s construction sector has attracted a total investment of 2.27 billion U.S. dollars in the first nine months of 2013, up 24 percent compared with 1.83 billion U.S. dollars over the same period last year, a government report showed Thursday. The report said during the January-September ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/world/2013-10/31/c_132848042.htm
Apartment demand falters in Q3
The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd, said that growth has stagnated after the January-March ...
Siv Meng
http://www.phnompenhpost.com/real-estate/apartment-demand-falters-q3
Butterly bridge to fly over to Island
Diamond Island may see another new concrete bridge, this time in the form of a butterfly. The proposed 100-metre long bridge from Phnom Penh to Diamond Island would be similar in height to the current Rainbow Bridge, Touch Samnang, a project manager of developer OCIC, said. No ...
Siv Meng
http://www.phnompenhpost.com/real-estate/butterly-bridge-fly-over-island
Prime Real Estate May Be Set for Development
A 5,000-square-meter plot of land owned by the local Sokimex Group on Phnom Penh’s Street 154, near Wat Ounalom and Kandal market, could be the site of a new, multi-story hotel, the conglomerate’s CEO said Tuesday. Sok Kong, Sokimex CEO, said Tuesday that construction of a ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/business/prime-real-estate-may-be-set-for-development-46269/
Flood crisis another setback for real estate sector
While the political crisis in the country is still ongoing, Cambodia is now suffering another crisis due to flooding, which has had a big impact on the country’s real estate business. Kim Heang, the President of Khmer Real Estate, said the buying and selling of real ...
Siv Meng
http://www.phnompenhpost.com/real-estate/flood-crisis-another-setback-real-estate-sector
De Castle Royal construction moves ahead at a princely pace
Even as political instability led to a drop in Phnom Penh’s housing market over the last few months, construction and sales of De Castle Royal steamed ahead in the third quarter. Now fully over the fallout from the 2008 global financial crisis, a recent $28 million ...
Hin Pisei
http://www.phnompenhpost.com/real-estate/de-castle-royal-construction-moves-ahead-princely-pace
City Says It Will Provide Land Titles to 33 Boeng Kak Families
Phnom Penh Municipality will provide land titles to 33 more families living in the city’s Boeng Kak neighborhood, a municipal official said Tuesday, roughly a third of those still seeking property rights in the area that has seen some 3,000 forced evictions. “First, we will solve ...
Khy Sovuthy and Ben Woods
http://www.cambodiadaily.com/news/city-says-it-will-provide-land-titles-to-33-boeng-kak-families-45710/
Shorten Buildings or We Will, City Hall Tells Two Developers
The Phnom Penh municipal government will today issue announcements to two property developers ordering them to partially demolish buildings near the Royal Palace in order to reduce their height to comply with the original planning agreements, an official said. The two buildings—one owned by Vattanac Properties ...
Aun Pheap and Simon Henderson
http://www.cambodiadaily.com/news/shorten-buildings-or-we-will-city-hall-tells-two-developers-45510/
National Radio Site Swapped With Land Developer
The Ministry of Information has swapped an 11-hectare plot of land in Phnom Penh’s Meanchey district, which was previously the site of National Radio AM 918, with a property development firm in exchange for the construction of a new radio tower and transmitter on a ...
Kuch Naren and Colin Meyn
http://www.cambodiadaily.com/news/national-radio-site-swapped-with-land-developer-45419/
Buildings Up for Demolition Broke Agreement, Not Restrictions
Phnom Penh’s governor on Thursday refused to confirm whether two buildings close to the Royal Palace will be pulled down after local district and commune officials said Wednesday that their demolition due to height violations was imminent. Governor Pa Socheatvong declined to comment on the reports ...
Simon Henderson and Aun Pheap
http://www.cambodiadaily.com/news/buildings-up-for-demolition-broke-agreement-not-restrictions-45425/
New highway to run through Boeung Tompong
A new highway that is being built is expected to not only reduce traffic jams, but to also open up a large area for real estate development. The new highway, called Samdech Techo Hun Sen Blvd, runs from the intersection of Road 271 and Monivong Blvd ...
Siv Meng
http://www.phnompenhpost.com/real-estate/new-highway-run-through-boeung-tompong
Demolition Order for 2 Buildings Near Royal Palace
Government officials have ordered the immediate demolition of two buildings located within blocks of the Royal Palace because the structures are taller than the allowed limit for buildings surrounding the palace, officials said Wednesday. One building, owned by Vattanac Properties, is located a block from the ...
Aun Pheap and Joshua Wilwohl
http://www.cambodiadaily.com/news/demolition-order-for-2-buildings-near-royal-palace-45306/
PHNOM PENH CONDOMINIUM MARKET IS BOOSTED BY HIGH SALES RATES, PROMPTING FURTHER CONSTRUCTION
The condominium market in Phnom Penh is still very much within its early stage of development and thus is unlikely to flourish until there is a cultural shift towards owner occupants relocating to condominium developments within the city. This however will be heavily dependent on the ...
Cambodian Business Review Staff, P.18
http://www.cambisreview.com
Cambodia's construction attracts over 2 bln USD investment in 8 months
PHNOM PENH, Sept. 27 (Xinhua) — Cambodia’s construction sector had received a total investment of 2.14 billion U.S. dollars in the first eight months of the year, up 40 percent from 1.53 billion U.S. dollars over the same period last year, a government report showed ...
Xinhuanet News Staff
http://news.xinhuanet.com/english/business/2013-09/27/c_132755769.htm
Booyoung Town moves slowly ahead
The plan to build the US$1.1 billion Booyoung Town commercial city and housing estate on Russian Federation Blvd near the 7 Makara Bridge is moving forward slowly while the political situation remains unclear. Despite the political situation, construction at Booyoung Town was slowly moving forward and ...
Siv Meng and Hin Pisei
http://www.phnompenhpost.com/real-estate/booyoung-town-moves-slowly-ahead
Work starts on new 22-storey hotel
Construction has started on the 22-storey Toyoko Inn Hotel, which will cost US$20 million to build, near the Hang Bridge. The project is due to be completed in November 2014. Touch Somnang, the Project Manager for the Koh Pich development project, said the Toyoko Inn Hotel ...
Siv Meng
http://www.phnompenhpost.com/real-estate/work-starts-new-22-storey-hotel
Illegal Construction Rampant in Angkor Heritage Site
In the months leading up to Cambodia’s national election on July 28, authorities in the Angkor Archaeological Park allowed dozens of land owners to build new houses and develop plots of land inside highly protected areas of the world heritage site. Villagers interviewed last week said ...
Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/news/illegal-construction-rampant-in-angkor-heritage-site-42860/
Siem Reap’s Secret Multimillion Dollar Land Swap
Inside the grounds of this city’s old provincial hall, past a green corrugated iron fence, municipal street cleaners and their families are squatting in what was once a bustling government office filled with civil servants. Across the road, the former department of rural development is a ...
Phorn Bopha and Simon Marks
http://www.cambodiadaily.com/selected-features/siem-reaps-secret-multimillion-dollar-land-swap-42375/
Landmark Hopeful of Future Retail Agreements
A 20-story retail and office building development opposite Phnom Penh’s Freedom Park by U.K.-based Hongkong Land Ltd. (HKL) is being built without pre-existing rental agreements, the company’s general manager, Daniel Parkes, said Thursday. Land Management Minister Im Chhun Lim last Friday hosted the groundbreaking of the ...
Alex Willemyns and Hul Reaksmey
http://www.cambodiadaily.com/business/landmark-hopeful-of-future-retail%E2%80%88agreements-42254/
Apsara Authority Moves to Offices Far From Siem Reap City
Apsara Authority officials on Tuesday began moving to their new offices far outside of Siem Reap onto land within the Angkor Archaeological Park as part of a swap with the city’s provincial government, officials said. The move comes after Prime Minister Hun Sen ordered Siem Reap’s ...
Kuch Naren
http://www.cambodiadaily.com/news/apsara-authority-moves-to-offices-far-from-siem-reap-city-42132/
Singapore Invests in New Cambodian Bank
An investment company owned by the Singaporean government is a minority partner in a fully licensed commercial bank set to open later this month in cooperation with Canadia Bank PLC and the country’s postal service, a source familiar with the deal confirmed Tuesday. Fullerton Financial Holdings, ...
Joshua Wilwohl and Hul Reaksmey
http://www.cambodiadaily.com/business/singapore-invests-in-new-cambodian-bank-42137/