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

Cambodia hosting valuers congress

Cambodia is hosting the two-day 19th ASEAN Valuers Association (AVA) Congress, the first time it has been held in the Kingdom. ...

Sum Manet

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

Phnom Penh land prices, condo sales continue to surge

The Phnom Penh property market continued to see a broad rise in sales and rental values during the final quarter of last year, with land values across the capital’s four central districts rising by an average of 8.4 percent from the third quarter, according to ...

Sum Manet

‘Second-home Policy’ aims to entice more tourists

With a surge in visitors from the world’s most populous nation, the government is preparing a “second-home policy” to encourage more Chinese tourists to visit and stay longer, and for those who have already visited to do so more often, Deputy Prime Minister Keat Chhon ...

Sum Manet

Housing boom prompts calls for more lending, bubble warning

With the real-estate boom entering its fourth year banks and developers are eager to expand credit to the sector, though regulators say they are monitoring lending for real estate for signs of a bubble and are taking preemptive measure to minimize risks that could affect ...

May Kunmakara

ANZ refuses to help evictees of senator’s sugarcane farm

About 100 villagers who lost land to a sugarcane plantation, which was until recently financed by ANZ Royal Bank, traveled to Phnom Penh to protest in front of the bank’s headquarters Thursday, but failed to convince the bank to help them. Several hundred families in Kompong ...

Aun Pheap and Zsombor Peter

Farmers threaten ANZ with protest, demand help

Farmers from Kompong Speu province handed ANZ Royal Bank a petition on Friday insisting it still had a responsibility to help mend the damage done by a sugar plantation in has helped finance, even though the bank and plantation recently parted ways. They threatened to start ...

Aun Pheap and Zsombor Peter

Residential property prices see steady growth

A property expert and investor in the construction sector says that home prices have increased between 10 and 20 per cent so far this year compared to last year. Kim Heang, president of Khmer Real Estate, says that demand for property in boreys is healthy. Most ...

Siv Meng

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

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

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