News

Sihanoukville aims to reform tourism landscape

Preah Sihanouk province plans to attract a new type of Chinese investor which could restore the image of Sihanoukville as a tourist city and shift investment away from casinos. In a meeting with Chinese embassy officials in August, provincial governor Kuoch Chamroeun said the current ...

Hin Pisei
https://www.phnompenhpost.com/business/sihanoukville-aims-reform-tourism-landscape

Construction remains strong growth driver for Cambodia

Investment in Cambodia’s real estate and construction industry now stands at $4 billion, according to data from the Ministry of Land Management, Urban Planning, and Construction (MLMUPC). ...

Siv Meng
http://www.phnompenhpost.com/post-property/construction-remains-strong-growth-driver-cambodia

Scepticism clouds massive coastal development plan

A representative of the company behind a massive $23.2 billion development in Kampot province – which envisions creating two islands off the coast – insisted yesterday that the company was not engaged in any activities that would raise a conflict of interest and that it ...

Kali Kotoski and Cheng Sokhorng
http://www.phnompenhpost.com/business/scepticism-clouds-massive-coastal-development-plan

Borey developers adjust strategies as sales decline

Condos and boreys have been experiencing a decline in sales, prompting developers to go back to the drawing board when devising financing strategies in a bid to lure back potential buyers. Nget Piseth, director assistant of Borey Piphup Thmey, said recently that residential sales in his ...

Siv Meng
http://www.phnompenhpost.com/post-property/borey-developers-adjust-strategies-sales-decline

First eco-park set to open

An ecologically-friendly satellite town called Le Urban Eco Park, a $50 million joint venture between Singaporean and local investors, is expected to be completed in the next couple of months after the more than two years of construction. ...

May Kunmakara
http://www.khmertimeskh.com/news/25179/first-eco-park-set-to-open/

It’s back to school for real estate agents

The Cambodian Valuers and Estate Agents Association (CVEA) will set out a framework to build a professional training school by April to enable its agents to compete with those from other countries. ...

Sum Manet
http://www.khmertimeskh.com/news/22926/it---s-back-to-school-for-real-estate-agents/

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