Property forum slams lack of urban planning

Sep 23rd at 08:31
23-09-2016 08:31:00+07:00

Property forum slams lack of urban planning

Industry experts came together yesterday to discuss concerns over Cambodia’s ongoing property boom and what was needed for a sustainable future for Phnom Penh.

Speaking at a forum held in the capital, panellists bemoaned the poor state of urban planning and a lack of zoning laws, arguing that the government had been giving out permits too quickly.

They called for vigilance on height regulations and for the vetting of developers to ensure more sustainable development.

phnompenh post



NEWS SAME CATEGORY

Peak bodies say new law needed in real estate sector

A knight in shining armour could be on the horizon for the besieged Gold Tower 42, but the long-running saga looks set to continue in the absence of any formal...

Showrooms give pull factor for Phnom Penh real estate pitches

With more developers and more construction in Phnom Penh’s real estate market than ever before, there is inevitably more competition.

Real estate and construction sector underpins job creation

The real estate and construction sector continues to be an important driver for job creation in the Kingdom, with the industry creating employment for more than...

Mini side road at Sihanouk-Sothearos junction causes chaos

Much-needed signage on a new road at the eastern end of Independence Monument has been set up after it was shown the four-metre wide street was causing traffic...

Rising to the top in Toul Kork

Come October 2016, the affluently plush Toul Kork neighbourhood will welcome a new glamourous kid on the block. Hailing from Taiwan, developer Top Team...

‘Tallest building in Southeast Asia’ to commence construction this year

The development of Thai Boon Roong’s 500-metre high Twin Trade Center will begin late this year, according to project insiders, who say the developer has secured...

Letter to the editor: ‘Real estate is a cyclical market‘

Marc Townsend, managing director of CBRE Vietnam and Cambodia, is optimistic Phnom Penh’s supply and demand fundamentals will eventually re-balance, as he tells...

Borey developers take finance matters into own hands

The Cambodian Valuers and Estate Agents Association (CVEA) and the Housing Development Association of Cambodia (HDAC) have voiced concerns over the largely unknown...

Quantity surveying is a young industry on the rise in Cambodia

Singapore-based boutique agency Oliver Ho & Associates is an independent practice that has made it its mission to provide consultation expertise and management...

Phnom Penh’s migrant workers: A state of surviving

As the number of garment workers and labourers migrating from the provinces to Phnom Penh seeking employment keeps increasing, finding affordable housing has become...


MOST READ


Back To Top