Living in The Mekong Royal development will mean a six-kilometre commute to Phnom Penh, but the spacious villas are proving popular with middle-class buyers
Developers have assured government representatives that the half-built Gold Tower 42 won’t stay empty for much longer Construction on Gold Tower 42, the $240 million project on Monivong Boulevard that has been deserted for two years, will restart this March, according to the Ministry of Land Management, Urban Planning and Construction.
Prices along Monivong Boulevard – the neon-lit commercial artery of the capital – recorded strong growth in 2014, according to local real estate experts.
For years Phnom Penh’s urban poor have been encroaching on one of the city’s last remaining reservoirs. But with flooding, especially of the nearby open sewer that collects most of the city’s waste water, expected to worsen, City Hall has vowed to step in
Singapore's private residential property prices experienced steady declines in September, according the latest quarterly data from the Urban Redevelopment Authority.
The $700m Diamond Island Riviera comes with 900 units and a 200-metre long rooftop pool The three main towers of the 900-unit Diamond Island Riviera condominium development – inspired by Singapore’s iconic Marina Bay Sands resort – are set to commence construction mid-year.
The Singaporean firm behind Axis Residences, set amid verdant greenery, say 30 per cent of 2 blocks from phase 1 booked.
Real estate agents put big increases in inner-Phnom Penh property values down to factors including political stability, economic growth and a surge in foreign investment
As more young and middle-income Cambodians enter the housing market, an increasing number are taking out mortgages in order to purchase their first homes.
The Cambodian property market has done well this year, despite some stagnation that followed 2013’s troubled national elections. Ross Wheble, country manager at worldwide real estate agency Knight Frank, spoke with the Post about the Kingdom’s property prospects for 2015.