News

Construction work progress continues amid illegal workers’ arrest

Since the start of the year, department authorities at the Ministry of Interior have arrested more than 10,000 illegal workers, with the bulk of them being construction workers. However, industry experts and investors are split on the opinions that the arrest will impinge on the ...

Siv Meng
http://www.phnompenhpost.com/post-property/construction-work-progress-continues-amid-illegal-workers-arrest

Building work halted as workers face charges over accident

The Phnom Penh Municipal Court on Wednesday will charge six construction workers and a company manager in connection with a building site accident that killed a woman on Sunday, while work on the site has been suspended on government orders, officials said Tuesday. ...

Hay Pisey
http://www.cambodiadaily.com/news/building-work-halted-as-workers-face-charges-over-accident-71801/

Construction on triple-tower Times Centre to start in June

Work on a triple-skyscraper complex near Olympic Stadium announced in February is due to get under way in June this year and be completed in 2017, according to the project supervisor. With its slogan “The heart of Phnom Penh”, Times Centre is slated to feature three ...

Siv Meng
http://www.phnompenhpost.com/real-estate/construction-triple-tower-times-centre-start-june

Property prices stagnant following election

Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month. Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new ...

Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election

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