News

Low-cost homes ‘ready 2022’

Construction of the $70 million two-phased Arakawa Residence affordable housing development in western Phnom Penh remains on track to be completed by mid-2022, developer Arakawa Co Ltd co-founder Ieng Sotheara told The Post on October 20. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/low-cost-homes-ready-2022

Nearly 3,000 construction projects approved in first eight months of the year

The Ministry of Land Management, Urban Planning, and Construction approved a total of 2,901 construction proposals in the first eight months this year, a year-on-year decrease of 13 percent. ...

Chea Vanyuth
https://www.khmertimeskh.com/50947979/nearly-3000-construction-projects-approved-in-first-eight-months-of-the-year/

Government wants developers to build more affordable homes

The government is urging more affordable housing development projects for lower and middle income people and the vulnerable because of rising demand from these groups. ...

Sok Chan
https://www.khmertimeskh.com/50673780/government-wants-developers-to-build-more-affordable-homes

Protesters Mix Petitions, Black Magic to Get Land

Sporting red bandanas and armed with the accoutrements of Khmer black magic, several hundred demonstrators representing embattled communities throughout the country held noisy protests outside several government offices yesterday, where they placed curses on corrupt officials and submitted written petitions demanding justice. Unlike previous protests that ...

http://www.cambodiadaily.com/news/protesters-mix-petitions-black-magic-to-get-land-30761/

CPI: cost of living falls slightly

The Kingdom’s consumer price index declined by 0.1 per cent in October for the first time in 2012 due to a decline in food and gasoline prices and a stable US dollar exchange rate, according to official data released by the National Institute of Statistics ...

http://www.phnompenhpost.com/index.php/2012112359895/Business/cpi-cost-of-living-falls-slightly.html

Foreigners entering the condo market in Phnom Penh

The number of foreign owners of houses in Cambodia has soared in recent years after the government permitted foreigners to have rights over owning real estate in the Kingdom, according to officials of the Ministry of Land Management, Urban Planning and Construction. Speaking at the opening of ...

http://www.phnompenhpost.com/index.php/Real-Estate/foreigners-entering-the-condo-market-in-phnom-penh.html

Buying property by installment on the increase

The market for Khmer home-buyers purchasing property by installments is booming, according to experts. Keuk Narin, vice president of Asia Real Estate Cambodia, said the concept of buying homes by installments in Cambodia is very attractive to those whom want to buy a house. Almost all housing projects that offer installment purchases see good business, ...

http://www.phnompenhpost.com/index.php/Real-Estate/buying-property-by-instalment-on-the-increase.html

Eviction fears grow at lake

Villagers living in raised houses on the capital’s Boeung Tumpun lake fear their eviction is on the horizon as sand pumping increases at the site, they said yesterday. In recent months, heavy machinery has been at work at the Boeung Tumpun site. Sand pumping has ...

http://www.phnompenhpost.com/index.php/2012091758736/National-news/eviction-fears-grow-at-lake.html

B Kak Woman Arrested

Prominent Boeung Kak villager and protester Yorm Bopha was yesterday jailed in Phnom Penh’s Prey Sar prison, after she and her husband – en route to check for their names on a voting register – were pounced on by police in plain clothes in what ...

http://www.phnompenhpost.com/index.php/2012090558509/National-news/b-kak-woman-arrested.html

Union Bashes Wage Hike, Ponders National Strike

The Free Trade Union (FTU) is unhappy with the size of the raise agreed to this week by manufacturers for garment workers and said it would meet next week to decide whether to hold a nationwide strike in August for a larger increase, said FTU ...

Manufacturers Raise Garment Workers’ Pay

Manufacturers in Cambodia yesterday agreed to increase the monthly wage of garment workers by $7 per month by providing them with additional allowances for transportation and housing, bringing the minimum wage packet taken home every month to $73. The raise occurred as the number of strikes ...

Cambodia carve-up under the spotlight

There were scenes of jubilation in Cambodia’s capital last month when a group of 13 imprisoned women – including a 72-year-old grandmother – was set free by an appeal court. The women were arrested in May during peaceful demonstrations against the forced eviction of thousands ...

http://www.atimes.com/atimes/Southeast_Asia/NG10Ae01.html

Factory Owners Agree to Provide More Benefits

Garment factory owners have agreed to provide workers with an additional $9 in monthly benefits for transportation, housing and attendance in order to reduce growing protests in the sector, Garment Manufacturers Association of Cambodia (GMAC) officials said yesterday. “We will provide $3 in attendance bonuses and ...

Unions reject bonus bargain

Union leaders yesterday rejected a proposal from Cambodian garment makers to provide US$9 a month for a worker’s housing and transport fees, demanding an additional $1. The benefits were announced last week after unions said they would lead a large-scale protest ...

http://www.phnompenhpost.com/index.php/2012070657244/Business/unions-reject-bonus-bargain.html

Borei Keila evictees plead case

Homeless Borei Keila evictees who have been living in tents surrounded by garbage since authorities bulldozed their homes in January pleaded outside Phnom Penh Municipal Hall for housing yesterday. Representative Chhay Kimhorn said the families could no longer stand living in tents and stairwells infested with ...

http://www.phnompenhpost.com/index.php/2012070557230/National-news/borei-keila-evictees-plead-case.html

CPP still rules Boeung Kak, Borei Keila

Criticism of the Cambodian People’s Party has been overt in recent months as those from Boeung Kak lake and Borei Keila have taken to the streets to vent their frustration and anger at their housing situations. But an equivalent backlash at the polls was nowhere to ...

http://www.phnompenhpost.com/index.php/2012060556590/National-news/cpp-still-rules-b-kak-b-keila.html

Mondulkiri villagers decry torching of homes by police

More than 60 families in Mondulkiri province’s Roveak village in Rayum commune are worried about their safety and that of their housing after authorities deployed forces to surround their village on Sunday following eviction orders from the government. Bun Sokchea, 49, said that on Saturday, Koh ...

http://www.phnompenhpost.com/index.php/2012052256306/National-news/mondulkiri-villagers-decry-torching-of-homes-by-police.html

After clashes, tentative agreement for Borei Keila

Following their fourth protest in as many weeks, residents of Phnom Penh’s displaced Borei Keila community yesterday reached a tentative housing agreement with development firm Phanimex, company and village representatives said yesterday. The meeting came after a protest yesterday morning in which more than 100 residents ...

Villagers protest for more flats

More than 100 Borei Keila villagers took to the streets yesterday to demand that Phanimex Company owner Suy Sophan honour a contract signed in 2003 that promised housing for 1,776 families in exchange for land. The protesters, holding banners, statues of the spirit and a pig’s ...

http://www.phnompenhpost.com/index.php/2011111852821/National-news/villagers-protest-for-more-flats.html

Satellite city deal worth $1.6bn inked in capital

Construction of a US$1.6 billion satellite city on Phnom Penh’s Chroy Changvar peninsula will begin this year after officials inked a contract yesterday with local firm Overseas Cambodia Investment Corporation (OCIC). Dubbed “City of the Future”, the project would include a national stadium, a 60-hectare park, ...

http://www.phnompenhpost.com/index.php/2011091351607/Business/satellite-city-deal-worth-16bn-inked-in-capital.html

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

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