Headlines

Cambodia > Real Estate

$164M five-star hotel greenlit for Sihanoukville

11/30/2022 08:15

The government has approved Maritime City Co Ltd’s proposal to build and operate a $164.4 million development in Preah Sihanouk province comprising a 582-room five-star hotel, a commercial centre and entertainment facilities.

Cambodia > Real Estate

Capital’s condo rates dip slightly in Q3, with no new projects

10/13/2022 07:49

Global economic growth uncertainty has sapped considerable momentum from the Phnom Penh condominium market, which is well-known for its heavy dependency on foreign customers, with no developments in the capital completed or ready for move-ins in the third quarter (Q3) ended September 30.

Cambodia > Real Estate

Innovative digital real estate appraisal platform launched

10/06/2022 08:59

Credit Bureau (Cambodia) Co Ltd (CBC) and VTrust Appraisal Co Ltd have teamed up to develop and launch Digital Real Estate Appraisal (Indication Plus Platform), a locally first-of-its-kind property valuation service, to tap into the rapid development of the Kingdom’s construction and real estate sector and provide financial institutions with a suite of tech-enabled solutions to evaluate their clients’ assets.

Cambodia > Real Estate

Another Kep island set for development project: CDC notice

10/04/2022 07:43

The Council for the Development of Cambodia (CDC) on September 30 announced that it had agreed to issue a final registration certificate to Try Pheap Koh Tunsay Resorts Co Ltd for a new island development project – this time on the 14ha Koh Tbal Island in Kep province.

Cambodia > Real Estate

Capital’s condo supply tops 36K units as market pick-up forecast

09/06/2022 08:04

Four condominium projects – categorised as either “mid-range” or “affordable” – were completed and ready for move-ins in the second quarter of this year, adding 3,204 units to Phnom Penh’s supply, 9.5 per cent more than in the previous quarter, raising the total to more than 36,000 units as of June 30, according to a new report by real estate firm CBRE Cambodia released on September 2.

 

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