property Local News

The prospects of strata-title office developments
The prospects of strata-title office developments

Strata-title property is where individual units are sold by the end-users or investors. Lately there has been growing interest from yield-driven investors looking for an alternative to investing condominium units by investing in office buildings. In the past, the market has seen almost no strata title office units launched while several thousand new residential condominium units have been made available. “The rates of return are actually growing at a faster rate if investors purchase ot Read More


First large-scale wholesale outlet opens doors
First large-scale wholesale outlet opens doors

Shopping lovers in Cambodia will experience the Thai-shopping style thanks to the opening of Makro, the first branded wholesale hypermarket in Cambodia. Read More


New residential projects favoured by Cambodian investors
New residential projects favoured by Cambodian investors

The residential condominium market in Phnom Penh is almost completely dominated by foreign buyers, but some of the hottest-selling upper-end developments in Phnom Penh, like Bodaiju Residences and The Peak, are attracting strong interest from Cambodian buyers. Since their launch, around 60 percent and 50 percent of buyers respectively to date are Cambodians.  “There is still positive demand for residential developments with a good location and offering packages,” according to Read More


Property investments in condominium or office spaces in Cambodia
Property investments in condominium or office spaces in Cambodia

Cambodia continues to be an attractive real estate investment destination and the country has emerged as one of the key real estate investment hubs in the Southeast Asian region thanks to its geographic advantages. It’s attractiveness in the eyes of foreign corporate investors to date has been the lack of any significant risk to hold them back. Taiwan and Singapore remain the main source of key foreign corporate investors while in the real estate market, both Japanese and Chinese developer Read More


LAND DUE DILIGENCE PROCESS
LAND DUE DILIGENCE PROCESS

A.    Objective: Why is it important to know your own objective?  At a very outset of your due diligence (“DD”) process, it is of imperative that you know your objective. Having concrete knowledge about your objective assists you in identifying your scope of work and set a clear direction of your activities. It allows you to be able to build your focus on the whole DD project. Without a clear idea of your goal, you might end up concentrating on aspects that are n Read More


Mortgages for purchasing real estate in Cambodia
Mortgages for purchasing real estate in Cambodia

As Cambodia is expected to sustain strong economic growth in the coming years, many buyers are confident in buying properties such as a home or are considering purchasing property for investment or as a second home. Mortgage facilities from banks for foreign purchasers help those buyers unable to put down 100 percent of a unit's asking price and many of them are taking out mortgages to finance their properties. The procedures to get approval for a mortgage to buy or refinance a home are n Read More


Luxury villas for Kirirom
Luxury villas for Kirirom

Luxury residences in the mountainous forests of Kirirom are soon to become a reality following the announcement by A2A Town Cambodia that it has invested USD20 million in developing weekend getaway properties at the VKirirom Resort. After first breaking ground at the end of 2016 with 40 villas on offer, the properties have been especially popular with Japanese who have represented 60 percent of buyers to date. Nestling on 110 square metres of land, each property comprises three bedrooms, a Read More


Sea Gate surfing coastal wave
Sea Gate surfing coastal wave

Sea Gate, a luxury condominium development on the coast in Sihanoukville has begun to sell units as the area attracts increasing interest from overseas investors. Cambodia’s coastal areas have seen a spike in investor sentiment in recent years, especially from Chinese buyers who are pouring resources into the area. Multiple luxury condo developments are reflecting this trend with construction underway on many projects including Blue Bay, Sunshine Bay, DSeaview, and Royal Bay.  L Read More


Amusement park to boost Peng Houth
Amusement park to boost Peng Houth

The Peng Houth Group has announced plans to invest USD60 million in the construction of an international-standard amusement park to further bolster their market-leading position and interest in its developments.  Planned to span 8 hectares on its sprawling development on National Road No.1, the amusement park will include a conference hall and wedding hosting facilities. The park will be divided among European-themed parks with landscaping, water features and inter-connecting bridges. Th Read More


Malaysian-based mall set to open
Malaysian-based mall set to open

International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall opens for business in early 2018. Initially called Parkson and later formally named Phnom Penh Mega Mall, the newly developed 11-storey shopping mall is about 200 meters from the Techno flyover along the Russian Boulevard.  After commencing building in late 2012 and due to op Read More


Camcona
Campu Lunpac
Comin Khmer
ETS Cambodia
LCC
SCG
MULTICO
Ocean
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
TEM
TPC
Wiki
Rinnai
Kansai Paint
Cambodia Business Partner
Camcona Group
KRock
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
CBMS
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
home.58cam
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Legrand
Sika Cambodia
Group Four
Sokea Garden
ISI PALM co., LTD
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan