Last Tuesday, March 24, The Asian Development Bank (ADB) published their annual outlook report on Asia’s economy.
Last Friday on March 13, the Ministry of Land Management, Urban Planning and Construction and the International Business Chamber of Cambodia jointly held a seminar to discuss construction and building standards.
The real estate industry in Cambodia has invigorated the economy for the last decade, driving in foreign and local investment that has transformed Phnom Penh’s skyline.
Cambodian real estate insiders say rents for serviced apartments are in decline due to increased competition from the condo market, with supply for serviced apartments set to decline in the long run.
The banks of the mighty Chao Phraya are bursting with new luxury residential projects, but are overseas investors – put off by the political unrest – prepared to take the plunge?
As land prices reach up to $7,000 per square metre in high-rolling Boeung Keng Kong, property investors are looking to nearby Boeung Prolit as an affordable alternative.
As the condominium market booms in Phnom Penh, more buyers are on the prowl for a unit. But with low quality standards and a lack of building regulations, high-quality units are increasingly being sought out.
After watching the Cambodian property market boom following the difficult times of the 2008 financial crisis, Sok Bun took helm as the fourth president of the Cambodian Valuers and Estate Agents Association on January 30 this year.
Following a lull in development, Camko City will see a hefty cash injection The developer behind the much-delayed Camko City project in Phnom Penh will inject $300 million into the satellite city’s second phase, after development stalled following the financial crisis.
A Singapore-backed real estate developer unveiled its plan yesterday to build a $500-million hotel and residential project called The Bay in the capital’s Chroy Changvar peninsula.