Cambodia > Real Estate

Phnom Penh condo supply hits 30,000 in third quarter

10/14/2021 08:14

Two large condominium projects were completed in the third quarter of this year, adding 1,586 units to Phnom Penh’s supply, 5.6 per cent more than in the previous quarter, raising the total to about 30,000 as of September 30, according to a new report published on October 12.

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Cambodia > Real Estate

Structure of $230M Chip Mong Tower completed

01/17/2022 07:52

The structure of the 45-storey, $230 million Chip Mong Tower on Russian Boulevard near the Techno flyover was finished on January 14, Chip Mong Group said in a statement.

Cambodia > Real Estate

New construction investments post nearly 21% dip in first nine months

12/23/2021 08:11

Capital investment in newly-approved construction projects over the first nine months of 2021 reached $4.657 billion, dropping by nearly 21 per cent year-on-year from $5.868 billion, chiefly as a consequence of Covid-19-related travel restrictions around the world.

Cambodia > Real Estate

Danone selects TK Central for its head office in the Kingdom

12/03/2021 07:59

TK Central, the award winning, mixed-use development located in the heart of Toul Kork district has officially welcomed their latest international tenant, Danone Specialized Nutrition (Cambodia) Co Ltd, a member of Danone Group, one of the most successful global food companies with products sold in more than 120 markets and with over 100,000 employees.

Cambodia > Real Estate

Japan-developed L’attrait fully completed

12/02/2021 07:46

Even with the Covid-19 crisis upending the socio-economic situation for nearly two years, the high-end $20 million high-end Japanese-developed L’attrait managed to be fully completed last month.

Cambodia > Real Estate

Real estate ‘still boasts potential’

11/26/2021 07:53

Although economic risks from the Covid-19 crisis linger, Cambodian real estate still offers a wealth of potential, as well as reasonably low prices for investments, especially in a handful of key localities marked by burgeoning interest and a gradual pickup in investment activity, according to Minister of Economy and Finance Aun Pornmoniroth.

Cambodia > Real Estate

Affordable housing project gunning for Dec 31 target

11/25/2021 07:51

Blowback from the third wave of coronavirus infections has thrown construction of a $100 million affordable housing project in Kandal province’s Takmao town behind schedule, but the developer says it is bending over backwards to finish the task by December 31.

Cambodia > Real Estate

Housing association joins anti-illegal-telecoms fight

11/15/2021 07:34

The management of the Housing Development Association of Cambodia (HDAC) has vowed to join the government in a push to spread the word among owners of specific types of residential projects not to allow the unauthorised construction of telecoms infrastructure within the boundary of their developments.

Cambodia > Real Estate

UK real estate firm forays into Kingdom

11/12/2021 07:33

UK-based Chestertons announced a business expansion to Cambodia to tap the fast development of the Kingdom’s real estate and construction sector, and add to its 100-strong network of international branches. A launch is expected early next year.

Cambodia > Real Estate

P Sihanouk real estate market braces for reopening scheme

11/11/2021 07:48

The outset of Cambodia’s economic reopening process, which notably includes plans to roll out the welcome mat for international travellers who are fully jabbed against Covid-19, bears positive implications for a gradual recovery in Preah Sihanouk province’s real estate market, experts have said.

Cambodia > Real Estate

Century Plaza set to open by April

11/05/2021 07:50

Construction of the main structure of the Century Plaza Shopping Mall on Russian Federation Boulevard (Street 110) has been completed and the establishment is scheduled to open before the Khmer New Year – which falls on April 14 in 2022.

 

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