News

Local and foreign business interests form luxury property joint venture

A mid​ strong demand growth in the Grade A office sector, a joint-venture agreement signing event was held at the Sofitel Phokeethra last week, establishing an investment company, provisionally called Kingdom Luxury Development Co, which aims to build a Grade-A office tower Phnom Penh. The joint-venture ...

Hin Pisei
http://www.phnompenhpost.com/real-estate/local-and-foreign-business-interests-form-luxury-property-joint-venture

Tourism numbers give boost to Sihanoukville property prices

Property has seen a boost in Sihanoukville city in the first quarter of this year, underpinned by increased tourist numbers year-on-year. Cheng Kheng, director of CPL Real Estate Company and president of the Cambodian Valuers and Estate Agents Association, said the outlook on property in Sihanoukville ...

Sum Manet
http://www.phnompenhpost.com/real-estate/tourism-numbers-give-boost-sihanoukville-property-prices

Garden-view condominium complex a hit with locals and foreigners alike

With the 15-storey Vimean Keo Choronai Condominium close to completion, some 70 per cent of its apartments have already been sold. Vimean Keo Choronai sits in what eventually will be an expansive, leafy garden setting on National Road 1 about 600 metres from Monivong Bridge ...

Post Staff
http://www.phnompenhpost.com/real-estate/garden-view-condominium-complex-hit-locals-and-foreigners-alike

Russian Boulevard land prices rising

The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre. Local real estate experts estimate that land prices along the thoroughfare have risen ...

Post Staff
http://www.phnompenhpost.com/real-estate/russian-boulevard-land-prices-rising

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

Capital’s growth pushes housing demand

Phnom Penh’s growing population is driving demand for residential property, with approvals soaring in the first seven months of this year, according to Lao Tip Seiha, director of the construction department at the Ministry of Land Management, Urban Planning and Construction. A total of 227 ...

http://www.phnompenhpost.com/index.php/2011090151405/Special-Supplement/capitals-growth-pushes-housing-demand.html

Construction Approvals Grow

GOVERNMENT-approved construction projects soared 84 percent year-on-year through July to US$747.7 million, which officials called the biggest jump since the property market bust three years ago. The number of approved projects for the period reached 1,279, a decline from the 1,344 projects greenlighted in the first ...

http://www.phnompenhpost.com/index.php/2011082351195/Business/construction-approvals-grow.html

Property tax questions asked

Cambodia’s property tax is to come into effect next month, though experts say the levy is not widely understood and may be too early. The property tax will initially focus on the capital’s properties, comprising an annual payment calculated of 0.1 percent of the value ...

http://www.phnompenhpost.com/index.php/2011080450860/Special-Supplement/property-tax-questions-asked.html

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