News

Problematic roundabout to get $1 million accompaniment

Overseas Cambodia Investment Corporation (OCIC) aims to begin construction work on a sidewalk at the Neang Kong Hing roundabout near the Olympic Stadium in the third quarter of 2017, in a move it says could cut traffic accidents. ...

Siv Meng
http://www.phnompenhpost.com/post-property/problematic-roundabout-get-1-million-accompaniment

An Olympian endeavour

A luxury twin-condo with 35 floors and 256 units is set to appear just to the southeast of the Olympic Stadium by the end of 2017. Sky Villa is a large project developed by the Crystal Orange Construction, with a hefty $100 million of capital ...

Hin Pisei
http://phnompenhpost.com/real-estate/olympian-endeavour

Trial for 23 finally under way

The long-awaited trial of the 23 men arrested during strike demonstrations in early January began this morning at 8 am at Phnom Penh Municipal Court and is proceeding into the afternoon. Before the trial began, police had already blocked off the street in front of the ...

Sean Teehan
http://www.phnompenhpost.com/national/trial-23-finally-under-way

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

Still much to learn about Times Centre

Construction on Times Centre’s three skyscrapers near Olympic Stadium will commence early this year, but little is known about several key aspects of the project, including the company behind the project. The Times Centre project, which will incorporate retail and office space with 1,000 condominium ...

Siv Meng
http://www.phnompenhpost.com/real-estate/still-much-learn-about-times-centre

Armed Security Doubled for Human Rights Day Rallies

The government will deploy double the usual number of armed security personnel on the streets of Phnom Penh on Tuesday to keep control of the large number of rallies planned in the city to celebrate International Human Rights Day, a military police official said Monday. “We ...

Phorn Bopha
http://www.cambodiadaily.com/news/armed-security-doubled-for-human-rights-day-rallies-48954/

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

Cambodian beer production and consumption on the rise

Inside a mini-mart near Phnom Penh’s Olympic stadium, the shelves holding the beer for sale have a more Cambodian feel to them these days. While imported brand like Thailand’s Singha and Japan’s Asahi, used to take up valuable retail real estate, now homegrown brands like Angkor ...

http://www.etmcambodia.com/blog.php?article=463

Hands-on contest a hit in Cambodia

Long a popular fixture of US TV and radio competitions, “Hands on a Hardbody,” a marathon endurance contest where participants vie to hold their palms against a car the longest in order to win it, has expanded to Cambodia. More than 80 participants took part ...

http://www.phnompenhpost.com/index.php/2011090151403/Lifestyle/hands-on-contest-a-hit-in-cambodia.html

Luxury Projects Set for Olympic Stadium Area

Government approval has been granted to the Overseas Cambodia Investment Corporation (OCIC) for the development of high-end condominiums, a hotel, shopping mall and more on the land surrounding the Olympic Stadium in Phnom Penh. OCIC is in the process of obtaining a 99 year lease ...

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