The Asia Pacific region is the place to be in right now if prime office property and rental growth is what you’re searching for. This is what one of the leading global property consultancy firms, Knight Frank, suggests in their Asia Pacific Prime Office Rental Index 2016 report. According to the firm’s thorough research, the Asia Pacific region has seen a combination of significant progress and constant stability in the first quarter of 2016. This is despite some prominent cities experiencing troubles and slowly slipping down the index.  In the Multi-sector Snapshot Q1 2016 report of Cushman & Wakefield, it is stated that in Beijing, “new supply in core markets elevated the overall vacancy rate, while rents remained stable.” While that may be true, Knight Frank’s data provides insight as to a projected decrease in rental returns and rent prices for the rest of the year for the city. Knight Frank’s report continues to explain that “in the first quarter of 2016, robust leasing demand from domestic firms in the finance and technology sectors drove net absorption to outstrip new supply in Beijing, arresting the downward trend in rents.” Also among the cities that saw a downward rental trend are Jakarta, Perth and Kuala Lumpur; where an expected increase in supply has forced property owners to reduce rent prices, further decreasing rental returns for their properties.This, however, did not slow down or do significant damage to the Asia Pacific Prime Office Rental Index. As the average vacancy decreased by 0.2 percentage points, the index grew by 1 percent in the first quarter and accelerated from 0.2 percent in the previous quarter. The highest contributor to this growth is probably Tokyo which showed the highest 3-month percentage increase of 3.4 percent, followed by Seoul at 2.6 percent where both cities show a projected increase for the next 12 months.As Head of Research for Knight Frank Asia Pacific, Nicholas Holt, puts it, “despite our longer term forecasts suggesting we are nearer to the top of the rental cycle in many markets, the next 12 months will see further rental growth in the majority of markets tracked as tight supply and steady demand prevails.”This growth is expected to be seen across 14 out of 19 cities which include Melbourne, Sydney, Shanghai, Hong Kong, Bengaluru, Mumbai, Taipei and Bangkok. "In Southeast Asia, Phnom Penh saw rents remain stable even as a surge in demand drove down the vacancy rate by 10.0 percentage points. With landlords vying to secure tenants as Hongkong Land’s Exchange Square nears completion, this trend is expected to continue." Considering that there are still many factors like government policy changes that may affect this continuous growth, Knight Frank is confident that prime office rental will remain to have stability at the very least. Holt explains, “While the macro-economic story across the region remains uncertain, office markets have tended to see rents hold up fairly well over recent months.”Recent years have showcased both extremes in terms of economic growth and the property market. It’s had its fair share of ups and downs, but as it continues to rise, it will really be an interesting and exciting time for the Asia Pacific region as it learns to nurture and cultivate its potential through proper investments.SEE KNIGHT FRANK CAMBODIA'S PROPERTY NOW

ពីមួយឆ្នំាទៅមួយឆ្នំាស្តង់ដាររស់នៅរបស់ប្រជាជននៅក្នុងក្រុងភ្នំពេញកាន់តែមានភាពប្រសើរឡើង។ យើងឃើញមានគម្រោងសាងសង់ច្រើនសន្ធឹកសន្ធាប់បន្តគ្នាឥតដាច់ដូចជា៖ អគារពាណិជ្ជកម្ម ផ្សារទំនើប កន្លែងកំសាន្ត និងលំនៅដ្ឋានប្រណិតៗ ដែលជារូបភាពបង្ហាញពីភាពលូយឆាយរបស់ អ្នករស់នៅក្នុងប្រទេសកម្ពុជា។ ខណៈពេលដែលស្តង់ដារនៃការរស់នៅកាន់តែកើនឡើងអ្នកទិញអចលនទ្រព្យកាន់តែច្រើនចាប់ផ្ដើមងាកមកចាប់អារម្មណ៍ខ្លាំងលើស្តង់ដារ និងគុណភាពនៃសំណង់។ ដូចនេះការប្រកួតប្រជែងគ្នាធ្វើអាជីវកម្មរវាងអ្នកអភិវឌ្ឍន៍អចលនទ្រព្យនិងអ្នករចនាផ្ទៃខាងក្នុងនៅក្នុងប្រទេសកំពុងមានកំណើនឡើងយ៉ាងឆាប់រហ័ស។បច្ចុប្បន្ននេះគេឃើញយុវជនកម្ពុជាដែលទើបបញ្ចប់ការសិក្សាបានឈានជើងចូលក្នុងវិស័យជំនួញជាមួយនឹងមហិច្ឆតា ភាពច្នៃប្រឌិត ការប្តេជ្ញាចិត្តខ្ពស់ចំពោះជោគជ័យ និងអាជីវកម្មផ្ទាល់ខ្លួនរបស់ពួកគេ។ វិស័យមួយដែលមានការចូលរួមដោយសហគ្រិនវ័យក្មេងកាន់តែច្រើនក្នុងនោះគឺជំនាញរចនាប្លង់ខាងក្នុង (interior design) ខណៈពេលតម្រូវការផ្នែកនេះចាប់ផ្តើុំមកើនឡើងច្រើនពីមួយឆ្នាំទៅមួយឆ្នាំ។ ការបង្កើតអាជីវកម្មតូចមួយនៅក្នុងវិស័យរចនាផ្ទៃក្នុងអគារពិតជាទាក់ទាញដល់យុវជនវ័យក្មេងនៅ ក្នុងប្រទេសកម្ពុជាដោយសារទីផ្សារមានការប្រឈមតិចតួចនៅឡើយបើធៀបនឹងការងារផ្សេងទៀត។“អាជីវកម្មនេះអាចចាប់ផ្តើមបានជាមួយគម្រោងខ្នាតតូច ដែលមិនចាំបាច់ចំណាយប្រាក់ច្រើន ដូចជា ការរចនាភោជនីយដ្ឋាន កន្លែងកំសាន្ត ហាងលក់សំលៀកបំពាក់ ស្ប៉ា លំនៅដ្ឋានដែលមិនស្មុកស្មាញពេក​។ ការជួយជ្រោមជ្រែងដល់ការងាររបស់យុវជនទាំងនេះ នឹងជួយ ជំរុញដល់វិស័យរចនាប្លង់ខាងក្នុងកាន់តែមានភាពពេញនិយមនៅក្នុងប្រទេសកម្ពុជា។ កញ្ញា ម៉ាវ៉ាលី ឈឿម ជាប្រធានក្រុមផ្នែកច្នៃម៉ូតនៅក្នុងក្រុមហ៊ុន Studio INT បាននិយាយថា ភាគច្រើននៃគម្រោងដែលយើងទទូលបានមានដូចជា៖ ហាងលក់សំលៀកបំពាក់ ភោជនីយដ្ឋាន ហាងស្ប៉ា និងអគារផ្សេងៗទៀតប្រហាក់ប្រហែលគ្នានេះ។ កញ្ញា ម៉ាវ៉ាលី​ បញ្ជាក់ថា ​“ភាគច្រើន អតិថិជនចូលចិត្តការរចនាម៉ូតបែបសម័យ និងបុរាណលាយបញ្ចូលគ្នា ដែលធ្វើកន្លែងទាំងមូលមាន ភាពទាន់សម័យ”។ ម៉ាវ៉ាលីបានបន្ថែមទៀតថា “បច្ចុប្បន្នតម្រូវការផ្នែករចនាតុបតែងផ្ទៃខាងក្នុងមានច្រើននៅក្នុងទីផ្សារ ចំំណែកការប្រកួតប្រជែងក៏មានលក្ខណៈស្វិតស្វាញយ៉ាងខ្លំាងផងដែរ។ម៉ាវ៉ាលី បានលើកឡើងទៀតថា “ការធ្វើដំណើរកំសាន្ត រៀនអ្វីថ្មីៗឲ្យបានច្រើន ព្យាយាមរកគំនិតច្នៃ ប្រឌិតថ្មីដោយមិនលួចចំលងពីអ្នកដ៏ទៃ​​គឺជាកត្តាចំាបាច់ក្នុងការតុបតែងតែផ្ទៃខាងក្នុងអោយមានភាព ឥតខ្ចោះ”។ចំណែកលោក ហ៊ាង វេនវិទូ ម្ចាស់ក្រុមហ៊ុនក្រុមហ៊ុន Sathapanak Design បាននិយាយថា “អាជីពផ្នែក ការរចនាផ្ទៃខាងក្នុង និងការសាងសង់នៅក្នុងប្រទេសកម្ពុជាពិតជាមានភាពនិយមខ្លាំងយ៉ាងខ្លំាង”។លោកបានរាប់រាប់ថាលោកស្រលាញ់ក្នុងការតុបតែង និងគំនិតសិល្បៈតំាងពីក្មេងមក។  “យើងមានសមាជិក៣នាក់ដែលបានរួមបង្កើតក្រុមហ៊ុន Sathapanak Design នេះឡើង ប៉ុន្តែមានដើមទុនតិចតួចប៉ុណ្ណោះ ហើយនៅពេលចាប់ផ្តើមដំបូងក្រុមហ៊ុនគ្មានទីតំាងច្បាស់លាស់ និងគ្មានអតិថិជនម្នាក់ឡើយ ។ មិនខុសពីកញ្ញា ម៉ាវ៉ាលី លោក វេនវិទូ បាននិយាយថានៅពេលនិយាយពីការរចនាផ្ទៃខាងក្នុងយើងត្រូវតែគិតដល់ការបង្កើតគំនិតថ្មី និងប្លែកគេ ប៉ុន្តែមានភាពទាក់ទាញ និងជាកន្លែងរស់នៅមានទំហំសមស្រប។ ការរចនាត្រូវធ្វើទៅតាមនិន្នាការនៃបរិបទរស់នៅរបស់អ្នកក្នុងស្រុក ឬរបៀបរស់បែបដ៏ទំនើបពីអន្តរជាតិ។ លក្ខណៈពិសេសនៃមុខងារនីមួយៗដែលបានតុបតែងឡើងគឺជាអ្វីដែលគេតែងតែចង់បាន។មកដល់ពេលបច្ចុប្បន្ននេះ ក្រុមហ៊ុន Sathapanak មានអតិថិជនច្រើនគួរសម្យ និងបានបន្សល់ទុកស្នាដៃ ជាច្រើនដូចជា៖ ហាងសំលៀកបំពាក់ប្រណិត AXARA ភោជនីយដ្ឋានកូបេ​កន្លែងស្ប៉ា ផ្ទះវីឡា ធនាគារ និងខុនដូ។ ចំណែកឯសម្ភារៈតម្រូវ ក្រុមហ៊ុននេះបាននំាចូលពីក្រៅប្រទេសដូចជា៖ វៀតណាម និងថៃ ប៉ុន្តែសម្ភារៈមួយចំនួនមានស្រាប់នៅក្នុងស្រុក។ការតុបតែងផ្ទៃខាងក្នុងគឺជាការងារដែលទាមទារអោយមានការស្រលាញ់ ចំណាយទាំងកំលំាងកាយ និងកំលាំងចិត្តស្វែងរកអ្វីថ្មីៗជានិច្ចដើម្បីតាមតម្រូវការទីផ្សារនៅក្នុងវិស័យនេះ។ យើងសុទ្ធតែរំពឹងថាការងារផ្នែករចនាតុបតែងផ្ទៃខាងក្នុងពិតជាមានភាពរីកចម្រើន ហើយតម្រូវការនឹងមានកាន់តែច្រើនក្នុងទីផ្សារប្រទេសកម្ពុជា។ពិតណាស់ការងារនេះពិតជាត្រូវបានគេទទួលស្គាល់ជាទូទៅនៅពេលបច្ចុប្បន្ន។ ថ្វីបើពីអតីតកាលធនធានមនុស្សនៅក្នុងវិស័យនេះមានតិចតួច ដែលទាមទារឲ្យត្រូវទាញយកធនធានពីក្រៅប្រទេសក៏ដោយប៉ុន្តែបច្ចុប្បន្នយុវជនវ័យក្មេងក្នុងវិស័យរចនាផ្ទៃខាងក្នុងពិតជាបង្ហាញស្នាដៃក្នុងការរចនាតុប តែង ប្រកបដោយលក្ខណៈស្តង់ដារ និងប្រកបដោយវិជ្ជាជីវៈ៕ តាមដានព័ត៌មានអំពីអចលនទ្រព្យតាមរយៈ Realestate.com.kh!ស្វែងរកអចលនទ្រព្យសម្រាប់លក់ ឬជួលតាមរយៈ Realestate.com.kh

In a statement published on its website last Thursday, the World Bank will resume lending to Cambodia, marking the first loans since the World Bank froze all new loans in 2011 surrounding controversy over the Boeung Kak Lake dispute.When the Bank announced the freeze in 2011, Country Director Annette Dixon stated: “Until an agreement is reached with the residents of Boeung Kak Lake, we do not expect to provide any new lending to Cambodia.”The bank’s board of directors have agreed to restart lending for four Cambodian infrastructural projects as of last Thursday’s release, "aimed to bring tangible benefits for Cambodians," said Ulrich Zachau, Country Director of the World Bank for Southeast Asia. In statements this week to realestate.com.kh, the World Bank Cambodia stated that “The World Bank Group prepared the Country Engagement Note (CEN) in partnership with Cambodia, and in close dialogue with Cambodia’s development partners...The CEN envisages financing for seven investment projects, totaling about $250 million, from the International Development Association, or IDA, the Bank’s fund for the poorest.” “Over the next year,” said the Bank, “our focus will be to engage closely with all relevant stakeholders to ensure adequate completion of the preparation of planned projects.”  As a build up to recent announcements of restarting loans, the World Bank Group (WBG) had conducted a series of consultations across Cambodia last year, from June 29 to July 13, inviting a range of stakeholders to exchange their opinions with the Bank regarding Cambodia’s development opportunities and potential issues in coming years.While the consultation process included 17 face-to-face meetings with 635 stakeholders, including national and sub-national government officials and representatives, parliamentarians, private sector and civil society representatives, development partners and UN agencies, according to a summary of the Bank’s website, the remaining evictees and community leaders of Boeung Kak were not involved in the process at any point. According to a host of NGO representatives, community leaders and past and present evictees of Boeung Kak Lake, such a new loan would undermine the World Bank director’s statements, the Inspection Panel Report 2011, and the 2014 Consolidated Appropriations Act - US regulation that calls for remedial action from the Bank regarding the Boeung Kak case, supported by the US Treasury, one of the Bank’s largest funding sources. Eang Vuthy, executive director for Equitable Cambodia, who has met with the Bank’s Washington office on several occasions, the latest in early 2015 with World Bank management staff, says the Bank has consistently cited the same excuse for inaction over the Boeung Kak issue: “Nothing can be done without Government cooperation.” In statements this week to realestate.com.kh, the World Bank Cambodia has said that, “Land issues remain an important development agenda for Cambodia. Fair and peaceful resolution of land conflict is critical to Cambodia’s sustained economic and social development. We welcome the substantial progress made to date in the provision of land titles in the Boeung Kak Lake area, where only a few remaining families remain in negotiations with the Municipality of Phnom Penh over size of land titles now.” [caption id="attachment_82560" align="aligncenter" width="944"] Beoung Kak Lake, Phnom Penh[/caption] As the filled tract of Boeung Kak Lake land is beginning to be sold to secondary developers who are beginning to build on the land, ex-residents now resettled at the north and west of the lake still face waist high flooding and tenure insecurity.Graticity Real Estate Development company (GRED), a Beijing based company, began construction in November 2015 after purchasing 20 hectares of Boeung Kak from Shukaku Inc. for $2,500 per square meter, according to company representatives’ statements in local media coverage. Meanwhile, Phnom Penh City Center (PPCC), the title given to Shukaku’s own development project is well under way.  Michelle Lau, Executive Director of Shukaku Inc., said to realestate.com.kh this week that, “"We are making good progress with our master-plan and are busy working on finalizing a number of investments for Phnom Penh City Center (PPCC). Our first project was built for the community in mind and today, the PPCC Sports Complex is open to them. The community can also look forward to our Central Park project.” “We are in the midst of developing Residence 90,” said Lau, “our first residential villa property tailored for the modern urban lifestyle, which has already received interest from Cambodian customers. We are about to launch a mixed-use establishment which we expect will be open to the market in mid-2016. In addition to this, One Park, co-developed with our partner, GRED, is an integrated lifestyle, residential and commercial hub already well under way. We are also in the midst of developing the PPCC's site features, including a comprehensive drainage system, underground cabling system and permanent roads, which is slated for completion in 2019.” Lau continued to say, “We value and respect the opportunity we have been given to support the development of Phnom Penh’s future – it's up-and-coming CBD – and we do not take this responsibility lightly. We are also close to finalizing agreements with local organizations that will conduct initiatives solely for the purpose of giving back to our community." [caption id="attachment_82558" align="aligncenter" width="900"] PPCC's envisioned "Central Park" at Boeung Kak.[/caption] In regards to a question regarding new developers investing in land on Boeung Kak in 2016, Lau stated that, "We are in discussions with a diverse group of established international developers and corporations who have confirmed interest in investing on the Phnom Penh City Center, especially in the sectors of F&B, mixed-use real estate and recreational spaces. To respect confidentiality agreements, we are unable to comment further on this matter but we believe the Phnom Penh community and the growing number of tourists visiting the Capital will have a lot to look forward to." Some developers have pulled out of the area seemingly as the ramifications of the eviction legacy became apparent. HLH, the Singapore-listed developer, which entered into a $14.9 million agreement with Shukaku to purchase 1.3 hectares of land at Boeung Kak lake on June 19, 2014, with the intention to develop the land into a business and shopping complex, announced a cancellation of the deal on December 17 of the same year. The firm cited, “commercial reasons,” without detailing their rationale further. This withdrawal was celebrated by rights activists, who commended HLH for the decision. Yet, amongst the families on the borders of Boeung Kak awaiting redress, there lies a commonly held belief that lobbying the World Bank will still bring long-awaited results, albeit sporadically. Ownership over 133 hectares of the lake was passed to CPP Senator Lao Meng’s Shukaku Inc. company on a $79 million, 99-year lease in 2007, whose company then cooperated with the Phnom Penh Municipality to evict over 3000 families in order to fill the lake, the majority not receiving land titles or adequate compensation at that time.In 2011, the Bank’s internal watchdog found that a $24 million Bank funded land-titling project denied the Boeung Kak families due access to their land rights, and failed to follow the Bank’s own safeguard policies regarding eviction protocols. A remedial action plan was issued with no promises of supportive funding from the Bank. Since, the action plan has never been implemented.The US Consolidated Appropriations Act 2014 likewise called for “appropriate redress” which should include “the provision of legal security of tenure to the 61 families remaining in the Boeung Kak area who have been excluded from receiving land titles; clear demarcation of the developer’s concession and the area reserved for the community; and the establishment of livelihood programs for those forcibly evicted from the Boeung Kak area, in accordance with the World Bank Policy on Involuntary Resettlement.”So far, the Government, Municipality of Phnom Penh (MPP) and the Shukaku company have offered various resolutions to most evictees.In 2011, Prime Minister Hun Sen signed Sub-Decree No. 183, awarding 12.44 hectares of the Boeung Kak Lake area to the community, allowing new plots of land for around 700 remaining families situated to the North of the lake site.As reported by local media in February 2012, district authorities then issued land titles to another 46 families within the concession plot.These were major victories for those protesting since 2007, facing beatings, arrests and what numerous international rights groups called “unlawful detainment” by police and military forces.Today, after a unpredictable trickle of continued title issuing from the MPP since the original, major concessions, around 37 families are still waiting for titles, and around 200 families (from former Boeung Kak Lake) have continued to advocate for more accurate compensation, according to various rights groups.As reported by the Phnom Penh Post in July 2012, viable solutions for the remaining families settlement are well documented.Sahmakum Teang Tnaut (STT), a Cambodian NGO that has lobbied relentlessly for the evictees since 2007, issued a widely supported proposal to move the remaining families to the free plots that remain at the 12.44 hectare tract granted by Hun Sen in 2011.“While informal promises were made by representatives of MPP to fulfill the plan, no official decision has ever been announced,” says Sarom Ee, executive director of STT.When realestate.com.kh reporters visited the area to meet community leaders in early December 2015, MPP representatives were present, and looked to be surveying the 12.44 hectare site. Tourist Pol, Project Coordinator for Equitable Cambodia, said at the time, “they might be mapping out the new titles… but they could also be planning a new access road.”Phnom Penh City Hall spokesman, Long Dimanche, over the phone in December 2015, said, "The City Hall is working on measuring the land and the titles for the people who have already filed a lawsuit to the city hall.”When asked whether those still living to the west of the lake would be moved to the 12.44 hectares to the north of the lake, Dimanche only commented that, “there are too many people around this area."When the World Bank is lobbied, the MPP sometimes restarts dialogue with the communities, leading some evictees to remain hopeful that the issues will be resolved through Bank mediation.Phan Chhunreth, one such community leader who has lived in her family home on the 12.44 hectare concession since 1993, is still seeking a lawful title for her property from the MPP.According to Phan, a representative of the World Bank called her early in 2015 asking what she was seeking from the MPP, following complaints lodged by her to the Bank’s office in Phnom Penh. Phan informed World Bank staff that she sought a title adequate for her home in the 12.44 hectare allotment. Phan claims the Bank promised her that they would meet with the MPP and try to move her case forward. This report was corroborated by other community leaders.In December 2015, Khan Daun Penh issued a notification to Phan requiring her family to move from her home within 15 days. This notification stated that her residence is on land owned by the MPP. Phan refused to leave and staged many protests in early 2016, with the support of members of the Boeung Kak community and members of other urban poor communities. As a result, in March 2016, MPP promised to invite Phan to a meeting for further negotiation, although this has yet to eventuate.Phan suggests that, “the MPP is not proactive; only reactive to the World Bank’s requests as a means to save face and secure future loans for the Government.”Chan Puthisak is one evictee currently residing informally on the north-west side of the lake, alongside the railway track, who says he is waiting to be moved into the 12.44 hectare concession. Puthisak claims the MPP promised his community land titles in April 2015, but there was no follow after this statement.On April 9, 2016, MPP took a lucky draw with the 16 remaining families in Village 1, a community located on the north-west of the lake along the railway where Puthisak lives, in order to allocate land in the Boeung Kak redevelopment site. As a result, each of these families received a plot of land 4 meters by 16 meters. However the land has still not been officially measured by the MPP, which is essential for land titling. This was supposed to have taken place after Khmer New Year according to officials statements to village members, but to date has not been completed.“Protests, bribes, or good luck have been the keys to receiving titles,” Chan suggests.According to Nget Khun, an activist in her seventies who was previously detained in Prey Sar prison for protesting the evictions, finally received her title in 2015 through a seemingly random process of selection by the MPP, and a payment of $3000.For Puthisak, however, unwilling and unable to pay the MPP for his title, has spent over five years protesting outside the MPP and World Bank offices still with no success.Dimanche said, “The World Bank is not involved in this issue. When people file a lawsuit to the World Bank seeking redress, the World Bank passes the lawsuit to the City Hall, because it is not their business.”According to various commentators, reissuing loans to Cambodia without involvement in the Boeung Kak resolution will damage the World Bank's public image.“World Bank re-engagement in Cambodia without resolving the outstanding safeguards issues surrounding the LMAP loan would betray the public commitments the Bank made to the Boeung Kak families and represent a flagrant disregard for its binding operational policies, the findings of its accountability mechanism and its anti-poverty mandate,” said David Pred, Managing Director of Inclusive Development International (IDI).  “At minimum, the Bank must ensure that the 3000-plus families who were forcibly evicted from Boeung Kak without adequate compensation are fully rehabilitated. Such an effort could easily proceed in tandem with the Bank’s broader re-engagement,” concludes Pred.In a 144-page report released in 2015, “At Your Own Risk: Reprisals against Critics of World Bank Group Projects,” Human Rights Watch have said that the World Bank’s weak response to reprisals by borrowers around the world, specifically identifying the Boeung Kak evictions and arrests, is embarrassing the institution’s ideals.“The World Bank has long said that public participation and accountability are key to the success of the development efforts it funds. But the World Bank’s repeated failure to confront intimidation or harassment of people who criticize its projects risks making a mockery out of these principles,” said Jessica Evans, International Financial Institutions Advocate at Human Rights Watch, in the report.In a statement released by the Bank’s Washington office in March 2015, World Bank Group President, Jim Yong Kim, also recognised that some issues have occurred: “We took a hard look at ourselves on resettlement … [and] found several major problems. One is that we haven’t done a good enough job in overseeing projects involving resettlement; two, we haven’t implemented those plans well enough; and three, we haven’t put in place strong tracking systems to make sure that our policies were being followed.” "The US Treasury is watching Cambodia if the World Bank reissues loans without resolutions, according to the 2014 Act. But so are international NGO’s around the world,” says Vuthy, who has made this opinion clear to the Bank’s Washington office during his numerous visits. Steven Higgins, Managing Partner at Mekong Strategic Partners, contends “there has been too much focus on the tangential role of the World Bank in the Boeung Kak lake project. By focusing on the World Bank's role, attention is being deflected from how the project was approved in the first place, how such valuable property was transferred to private interests for such low consideration, and how it was done without adequate transparency.” And now, as the lake is prepared for secondary development, commentators and community members review the project’s success in its entirety. “This project is a disaster.” says Vuthy. “In short, 3,000 families have been evicted, impoverished and removed from their heritage land. It’s also become an environmental disaster; just as independent engineers said it would when the project was first being considered. The flooding to the north of the lake, where most families were resettled, has required huge amounts of public funds to only partially fix the problems.” “It was an exercise of using public funding to fuel private gain. People have not been considered in this ‘development’ at any point of the process,” he says. “On what basis did the World Bank originally trust the Government of Cambodia? They were fully aware of their track record but still issued loans without safeguards in place,” comments Vuthy. And for those evictees still awaiting redress, this point is largely lost. “Their loan only paid for our eviction” says Phan, “and gave the government more power to follow their own interests, and for the police and military to physically control the people here. There has been no benefit to the community, no ‘development’ as the World Bank promised.” Nget, who protested outside the GRED construction site as they broke ground for their high rise condo, retail and flathouse complex, is saddened by the lake's future as a real estate investor’s paradise: “The World Bank is responsible, but the government is to blame. This is an abuse of power.” “We are only citizens, therefore we live under the power of our government,” says Puthisak. “If the World Bank wants to help the people in Cambodia, they must take measures to monitor and control our government's exercise of power. They gave money to the government with no land title insurance plan in place - and so now we wait.” But Vuthy is “not surprised the Bank is reissuing loans, but disappointed.” Ee similarly believes the “World Bank has long wanted to re-engage with the Cambodian Government.” “There is money to be made as the Cambodian economy leaps forward,” says Vuthy, “and the World Bank is currently missing out.”

The rising Cambodia economic growth in recent years has indicate strong positive signs in its property market. With an estimated USD1.75 billion worth of construction investment, land prices in Phnom Penh most premium areas have risen up to a 100% with a slew of luxury residential projects. So it is the perfect time for an Exclusive Cambodian Property Show in Singapore!Investors can preview the latest projects while gaining insights from industry leaders and developers directly on how the Cambodia property market will fare in 2016 and beyond. Head down to the Cambodian Property Show in Singapore at the Singapore Marriott Tang Plaza Hotel 28 & 29 of May 2016 and listen to what the industry experts have to share and, to find out the most sought-after residential projects. Sign up for this event today and receive an exclusive set of vouchers worth more than S$500* at our registration counter and, stand a chance to win a staycation at Hollandse Country Club and dining vouchers at Singapore Marriott Tang Plaza Hotel worth more than S$1,000*! ARE YOU BASED IN SINGAPORE?Come and learn more about exciting Cambodian projects at the Marriott Tang Plaza Hotel, Singapore: MAY 28 & 29!

Eastland Development Ltd. has demonstrated its full commitment to stay in the Cambodian market and wishes to support the economy through developing innovative real estate projects, fit for the local market and international investors alike. “Cambodia is exhibiting the correct economic growth indicators, investment incentives and political stability to allow us to enter this market in a real estate-related faculty,” said Sam Yang, CEO of Eastland, and “we know these same qualities are appealing to many other international property investors.” Eastland Development Co. Ltd’s head office is located in Hong Kong and is one branch of the world renowned Yuetai Group, which has over 8 Billion RMB in total assets. The Yuetai Group was among one of the first trailblazers to enter the Chinese real estate development market in 1994; and in just over two decades, the Yuetai Group can proudly stand behind a development portfolio that covers more than 20 groundbreaking projects, 10,000,000 sq/m of total floor area constructed, spread across 9 provinces of China. In 2003, the Yuetai Group successfully purchased the majority equities of the listed company Guangzhou Donghua Enterprise Co. Ltd. (SH600393). The Yuetai Group has won various honors for their real estate developments, including the Guangdong Top 20 Real Estate Qualification and Credit Enterprise Award, Guangdong Top 100 Private Company Award, the Guangzhou Top 10 Most Competitive Real Estate Developer Award, Guangzhou Trustworthy Brand Developer Award, and a Contract Abiding and Creditable Enterprise Award, to name just a few. The first Eastland Development project to reach completion is “East One International Apartments” project – a condo development which is already 90 percent sold and under construction in Duan Penh, central Phnom Penh. East One is located within minutes of the central business district, the Prime Minister's house, and the majority of the international embassies. It will include a hotel, ample carparks, full services for residents and amenities such as swimming pool, gym and recreational areas. Main construction is now complete, and East One will be fully furnished and ready for handover to buyers by March 2017. Based on the success of East One, Eastland then launched “East Commercial Center (ECC)” along Norodom Boulevard, a key artery road of Phnom Penh, dotted with government ministry offices and embassies. The East Commercial Centre (ECC) will have 38 floors of pure Grade B office space, divided into small and affordable units, with low management fees, and common areas with all necessary business amenities. Eastland selected to build to Grade B office standard because there is a huge shortage of affordable office space in Phnom Penh, and this grade is in very high demand currently. This guarantees market absorption of the project on completion in 2017. The following stage of this development will be the East View Residence project, which will include four 38-floor high residential buildings. This will provide living space for international and local business people working within the ECC tower, meaning they will not have to commute to their place of work. Eastland’s long term partners in all of these projects within Cambodia include the China State Construction Engineering Corporation, China’s largest and most renowned construction company, and Buildwork Asia, a full-service property management company from Japan with over 50 years of experience in the property management industry. Inquire about Eastland projects today on Realestate.com.kh, Cambodia’s home of real estate: EAST ONE INTERNATIONAL APARTMENTS | EAST COMMERCIAL CENTER ECC | EAST VIEW RESIDENCESThese Eastland projects have sold very quickly in the local Cambodian market, Taiwan and China. However, sales will now launch in Singapore and Hong Kong, as the Cambodian property market profile has now developed considerably in these markets. Eastland offer a level of quality and professionalism that the Hong Kong and Singaporean markets expect, with a unique company experience and understanding of what makes a project suitable, saleable and rentable for the local Cambodian market. Cambodia has also evolved into a place of notable political stability, despite a largely unverified international stigma. The country has now had the same Prime Minister for more than a quarter of a century, the longest serving non-royal leader in South East Asia. Out of the ASEAN nations, Cambodia has demonstrated itself to be within the top 3 in regards to political stability. Most attractive about the Cambodian property market for foreigners is the unique ability to invest totally in US$. There are no restrictions for exchanging US$, making it a highly-free flowing currency, and a global currency showing superior stability to all others. Transferring funds from abroad into Cambodia is very easy and able to be done with very little process. Meanwhile, when you resell your property in Cambodia, you can transfer your money outside of the country very easily, simply by showing your receipt of sale. Appreciation gains for Cambodian real estate are much more attractive than other established markets thanks to the nation’s consistently fast growing economy and GDP. Buyers of property in Phnom Penh can safely expect 6 to 8 percent appreciation. And, especially for Eastland projects, a 7.5 percent 5-year leaseback guarantee is available for all buyers. Meanwhile, investors in Cambodia are guaranteed secure assets, with well-versed freehold foreign ownership laws and highly attractive long term lease policies. Yang also cites China’s “One Belt One Road” initiative – wherein Cambodia is a part of China’s elaborate plan of land and sea connections to the rest of Asia, Africa, and Europe – saying that plans for the Chinese railway in coming years would only aid international investment in Cambodian real estate, and fuel the economy further. “We are extremely confident that the next great international economic boom will happen within the ASEAN countries,” concludes Yang. Don’t miss out your chance to invest in the last real estate frontier, Cambodia, with a developer you can trust, Eastland Development. Inquire about Eastland projects today on Realestate.com.kh, Cambodia’s home of real estate:EAST ONE INTERNATIONAL APARTMENTS | EAST COMMERCIAL CENTER ECC | EAST VIEW RESIDENCESARE YOU BASED IN SINGAPORE?Come and learn more about Eastland's projects at the Marriott Tang Plaza Hotel, Singapore: MAY 28 & 29!

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One segment growing in leaps and bounds in Cambodia is the Phnom Penh serviced apartments market. While the condominium market in Phnom Penh is showing early signs of a slowdown in growth compared to previous years, the Phnom Penh serviced apartments market segment shows no sign of stopping any time soon. As Thida Ann, senior associate director of CBRE Cambodia, puts it in her presentation at the Real Estate Market & Outlook Conference (REMOC) 2016, Phnom Penh has the largest share of supply and according to the CBRE Market research, occupancy across the whole market of Phnom Penh is at 85.83%.This high occupancy rate and low supply ratio is great news for potential serviced apartment developers, whether from the local or international sphere.WANT TO RENT PHNOM PENH SERVICED APARTMENTS?The CBRE Cambodia Q4 2015 report places 35,000 expats applying for permits to work in Cambodia, while the supply of Phnom Penh serviced apartments is only at 6,494. This means only 18.55 percent of these expats have readily available serviced apartments for their stay in Cambodia. This is the same reason why price per square meter is notably high in the Phnom Penh serviced apartments market. Though there are ongoing serviced apartment developments in this market to help provide competitive prices for potential customers, Ann notes there are ongoing projects that will be completed soon to further supplement the market. Further, the ongoing potential for Phnom Penh serviced apartments shows a highly optimistic outlook.Earlier developments in the Phnom Penh serviced apartments market provide a preview as to what future renters may expect in the next few years, suggests Ann; such as the Suncity serviced apartments, Skyline serviced apartments, Maline serviced apartments and Central Mansions. These serviced apartments have already provided many people with homes and have given their investors a great return for the investments they had placed into the development of the property a few years back. Ann further explains that Phnom Penh has the lowest rental rates for Grade-A serviced apartments ranging from 1- to 3-bedrooms in Mainland Southeast Asia. This is as compared to Yangon, Ho Chi Minh, Hanoi and Bangkok; who also have growing serviced apartment markets. Ann further explains that not many apartments accept short-term lease for less than three months. Tenants will lose their deposit if they move out before the lease expires. This provides stability and ample security for the landlords, but can limit the choices for short-term renters.  Ann adds that there is a misconception that the price will solely dictate the success of Phnom Penh serviced apartments as they come online. Rather, she clarifies that if you put the right property, at the right location and manage it well, the apartment will always have a good chance of success. Toul Kork is growing fast in general and will soon need a larger supply of serviced apartments; and Daun Penh is showing particularly high occupancy rates.CBRE Cambodia have a highly positive perception of the Phnom Penh serviced apartments market; but Ann still warns that developers must be aware that there are still challenges in the Phnom Penh serviced apartments market that they should approach with caution; such as a lack of quality property management, concierge services and a lack of parking spaces.As the real estate industry and construction segment moves forward, if developers play their cards right, the Phnom Penh serviced apartments market will play a big role in their pursuit of success.WANT TO RENT PHNOM PENH SERVICED APARTMENTS?

Welcome to another real estate news recap, from Realestate.com.kh – your leader in property information! Keep up to date with market changes, and be an investor with FORESIGHT!Cambodia and Russia Partnership:In a discussion May 16 with Russian Prime Minister Dmitry Medvedev, Cambodian Prime Minister Hun Sen proposed converting a portion of the $1.5 billion that Cambodia owes to Russia into economic and investment cooperation opportunities. This was on his recent visit to Russia. While there has been no clear statement of how the two countries will go about this issue, Medvedev and Hun Sen continued to sign an agreement that put importance on trade, investments and defense. This, according to the prime ministers, will strengthen and highlight the relationship of the two countries which already spans decades in history.The Rise of Sihanoukville:While Prime Minister Hun Sen discussed investment opportunities and economic alliances in Russia, the Cambodian Minister of Tourism, Thong Khon, and the Minister of Land Management, Urban Planning, and Construction, Chea Sophara, had their own discussions about portioning Sihanoukville into three segments or sections to make it more manageable. The three sections will be characterized as luxury beaches with the private sector, public beaches with the private sector and public entertainment beaches. How this affects zoning and property allocations remains to be seen.The Division of Sihanoukville:The segmentation of Sihanoukville seemed like a fair agreement for everyone. After all, this will allow authorities to easily manage local policies and accesses. Everything seems fair, of course, until someone says it isn’t. This is the case with 14 vendors whose stalls and businesses were demolished in the Ochheuteal beach on April 9. This was after an eviction notice was given to them on March 13. It was reported that there were around 30 stalls that were dismantled to make way for infrastructure and a garden. Some of the vendors had agreed to the $3,500 compensation, but there are still a few who refuse to come to terms with this new development. The evicted vendors had already filed a complaint with the Interior Ministry last Tuesday. As a result of this, Secretary-General Khieu Sopheak has tried communicating with Preah Sihanouk Provincial Governor Yun Min to see if this issue can be resolved peacefully.A First for Pursat Province:Since the discovery of an investment potential for a development in Pursat Province, local developer – Green Trade – is planning to build a mall and flat along National Road 5 at the Lor Lork Sor district. This road bears much value as the connector of Bangkok, Ho Chi Minh and Phnom Penh. According to Okhna Phou Puy, the head of the Cambodian Rice Millers Association and also the director of Green Trade, the development will also build a farmer’s market and compound flats. Construction is expected to start by the year 2017 where they hope it will meet the New Year with a bang.Chroy Changvar Land Titling:With a welcoming embrace of doubt, local groups for land rights had warmed up to the announcement of District Governor Klang Huot that titling will start this week for residents affected by the Overseas Cambodia Investment Corporation (OCIC) development which is valued at around $1.6 million. Klang Huot adds that officials coming from the Ministry of Land Management, Urban Planning and Construction will arrive to also inspect the communes of Prek Tasek and Prek Leap. Residents were advised to ready their land documentations and plot their lands but have yet to receive details about how much the compensation will be. Officials have yet to confirm the final terms for the said titling.EEU Free Trade Zone: In a statement made by Russian Deputy Foreign Minister Igor Morgulov at the Russia-ASEAN Summit held in Sochi, he reveals that a number of countries in Southeast Asia have expressed the will to create a free trade zone agreement with the Eurasian Economic Union so as to establish healthier business ties and investment opportunities amongst them. These countries include Cambodia, Thailand, Indonesia and Singapore. It’s still not clear whether the EEU is open to accepting this type of partnership with the above-mentioned countries. Until this is confirmed, the free trade zone remains to be a possibility and a topic of interest.

Talks of growth in Cambodia has made it a hot-spot for foreign property investment in the last few years, and the nation is receiving worldwide interest from property developers and investors. Known for its beautiful culture, awe-inspiring beaches, mystical forests and rivers, and enormous temple complexes, it’s easy to understand why everyone wants a piece of it. But more than the aesthetic beauty of the country, there are a few other things that give Cambodia its property investment charm:U.S. Dollar Based Investment:Cambodia has used the U.S. dollar as one of its main currencies for a long time now, over 20 years in fact. The government explains that the US$ provides stability in the market with ease of conversion from Riel (the local currency). This makes transactions less complicated for investors and offers a currency option that faces very few transfer restrictions around the world. There are no restrictions for exchanging US$, making it a highly-free flowing currency, and a global currency showing superior stability to all others over recent years. Transferring funds from abroad into Cambodia is very easy and able to be done with very little process. Meanwhile, when you resell your property in Cambodia, you can transfer your money outside of the country very easily, simply by showing your receipt of sale. Many regional banks that have opened in Cambodia also offer ample support for foreign investors who wish to enter the growing real estate market of Cambodia.Early Development Phase:Even though the Cambodian real estate industry has come a long way in the preceding years, there is still a large chunk of undeveloped land and untapped districts able to be utilized by investors and developers from overseas. Most developments in recent years have focused on the capital Phnom Penh, the beach town of Sihanoukville and the tourist destination Siem Reap; but Cambodia still has huge potential for growth in other regions, and investors are welcome to join in when they bring FDI, infrastructural support and experience.Impressive Growth in GDP:Research from a large variety of sources has demonstrated a consistent average GDP growth of 7 to 7.5 percent in the last 5 years for Cambodia. This has allowed the Kingdom to rank 21st in this measure of growth worldwide, and the 1st in the Southeast Asian region – further solidifying its integrity for potential growth into the future. While the bulk of this GDP has traditionally come from garment manufacturing, the economy is entering a phase of diversification and value-adding upskilling which is set to take the economy to a new level of sustainability, for both investors and Cambodian nationals. In fact, last year construction was the largest engine of GDP growth in Cambodia - a testament to the emergence of a booming real estate industry. Appreciation gains for Cambodian real estate are much more attractive than other established markets thanks to the nation’s consistently fast growing economy and GDP. Buyers of property in Phnom Penh, for instance, can safely expect 6 to 8 percent appreciation each year.Secure Assets:Development in policies regarding strata titles, whereby foreign investors can purchase co-ownership in a property as a workaround of the Cambodian State Constitution, has proven to be a profitable decision for its economy and a key for foreigners looking at entering the real estate market. Long term lease policies have likewise allowed huge opportunities for international investors to enter the market and these have provided security sufficient to encourage more and more inward investment.Strategic Trade Location and Logistical Integration:Lying between equally competitive and growing neighbor countries, Cambodia is located alongside Thailand and Vietnam. Meanwhile, the economy sits between the two giants of China and India, with consistently growing partnerships with both. It has also joined ASEAN and has established highly beneficial trade agreements with Europe, North America and Australasia. Infrastructure and trade services have been one of the things Cambodia has pushed very hard on in recent years. That is why it has continued to build better roads, railways, bridges and deep sea ports. It has also continued to develop its international flight connections across the country so as to integrate fast transport and travel for investors. As part of China’s “One Belt One Road” policy, the country will also soon see interconnecting railways across the Asian region and into Europe.Political Stability: The fact that the Kingdom has had one prime minister for almost a quarter century means that there has been, and will continue to be, consistency and continuity in its highly investor friendly policies and political practice. In fact, the current prime minister represents the longest-ruling non-royal leader in South East Asia. Out of the ASEAN nations, Cambodia has demonstrated itself to be within the top 3 in regards to political stability. Retirees' Mecca:Cambodia boasts a low cost and high-standard of living for retirees; offering a great lifestyle at a fraction of what it would normally cost in other places in the region, and tiny compared to highly developed economies. This is what makes it a perfect retirement spot for foreigners. This is becoming increasingly so as the nation's logistical connections, health system, schools, visa support systems and infrastructure grows in leaps and bounds. People:According to the Population Division of the United Nations’ Department of Economic and Social Affairs, Cambodia has about 15,700,000 people, and these people are the Kingdom’s greatest asset in terms of growth. They are not merely spectators to growth; they are the drivers of economic progress - given that 70% of this population is under 30 years of age! Aside from that, the people of Cambodia are also naturally friendly and welcoming, and most understand the value of partnering with internationals for benefits in terms of sharing worldly experience, education and economic benefits.   These are just some of the things that have given Cambodia its charm for investors in the last decade. And as more and more people see the great accomplishments in its past developments and its full potential beginning to emerge, it will soon grow even more attractive for property investment opportunities, whether at a personal or at a business scale. Nevertheless, for the most appreciation, NOW is the time to consider investing in Cambodian real estate! FIND A PROPERTY NOW!

លោក ប៉ា សុជាតិវង្ស អភិបាលរាជធានីភ្នំពេញ បានបញ្ជាក់ថា សាលារាជធានីភ្នំពេញ នឹងដំឡើងកាមេរ៉ាសុវត្ថិភាព ៦០០គ្រឿង នៅទូទាំងរាជធានីភ្នំពេញបន្ថែម ឲ្យបានក្នុងរយៈ៦ខែទៀត។ លើសពីនេះ សួនច្បារជាង៦៩ហិកតានិងដើមឈើចំនួន ៦ម៉ឺនដើម ត្រូវប្រគល់ឲ្យក្រុមហ៊ុនឯកជន ជាអ្នកទទួលខុសត្រូវថែទាំងជំនួសសាលារាជធានីភ្នំពេញ។ លោក ប៉ា សុជាតិវង្ស តាមរយៈ Facebook Page ផ្លូវការរបស់លោកបានបញ្ជាក់ទៀតថា ក្រៅពីដាក់ឲ្យសួនច្បារ និងដើមឈើ ក្រុមហ៊ុនឯកជនជាអ្នកថែទាំហើយ អំពូលភ្លើងបំភ្លឺសាធារណៈជាង ១១.០០០អំពូល នឹងត្រូវប្ដូរជាអំពូល LED ទាំងអស់ ហើយការទទួល ខុសត្រូវទទួលថែទាំ ក៏ត្រូវប្ដូរឲ្យក្រុមហ៊ុនឯកជន។

Despite a troubled recent history, Cambodia has been growing consistently in terms of economic growth over the last 10 years. Today, in 2016, Cambodia is now among the front-runners of the emerging economies of Southeast Asia. By focusing on a new industrial policy of Cambodia, this growth may continue and bring broader benefits to the country. But how will the nation’s economy and industrial footprint diversify in skills and products to allow it to maintain this growth into the coming decade? And as importantly, how will Cambodia offer the lower economic sectors of society genuine opportunities to share the new wealth of the nation?It is said in the Asian Development Outlook for 2016, of the Asian Development Bank (ADB), that Cambodia’s GDP had increased by approximately 7 percent since the year 2013; and has been projected to maintain that rate through 2017.Along with data confirming the growth in the Kingdom’s GDP in its three-part discussion, the Asian Development Outlook 2016 also notes that “Cambodia’s large supply of inexpensive, low-skilled labor has attracted substantial foreign direct investment into the production of garments and footwear for export.”One of the main factors that paved the way for all of this economic growth to happen is through the country’s adaptation of the “Factory Asia” model of economic growth; which allows the deployment of inexpensive labor into the industrial sector so that investors can manufacture products to be used for export. Cambodia was able to obtain a competitive edge through this model and attracted regional manufacturing investors in droves. This was because the comparative price of labor gradually increased in other Asian countries, such as in China, while remained consistently low in Cambodia throughout the early 2000s.The majority of the working class in the country who were once in poverty had found relative success through these manufacturing jobs. This allowed multiple opportunities for them to increase their family’s monthly income and provide for their children’s well-being, such as through education and proper nutrition. A far cry from the suffering average Cambodian had once been through. Though it has been a long-fought struggle, Cambodia seems to be making progress in replicating the “Factory Asia” model and tailor-fitting it for their own culture and economy.As evidence of this, the Kingdom got the largest overall contribution to GDP from the industrial segment growth in 2015; which was 11.7 percent last year. This growth was largely because of a 14.1 percent increase in exporting merchandise; which came in during 2015 at roughly $8.5 billion. An increase of 10.2 percent was also observed in the shipment of footwear such as shoes and sandals, and garments which makes up 70 percent of Cambodia’s total exports.Although factories have helped in providing financial stability and sustainability, this sector has not represented a monopoly on Cambodia’s growth as the country entered the twentieth century. Another contributor to Cambodia’s GDP is the services industry. This industry showed a significant amount of growth; as it ballooned with a 7.1 percent increase last year. The communications sector, along with the transport and finance sectors, grew by around 8 percent. The tourism sector also saw an increase in tourist arrivals that made a 6.1 percent difference to GDP growth in the year 2015. Cambodia’s once predominant and primary sector, agriculture, is also predicted to observe growth by an increase of 1.6 percent next year.But the Asian Development Outlook 2016 warns that “while the economy shows signs of becoming more diversified within and across sectors, including garments and light manufacturing, and in export destinations, the base for growth remains narrow.” So, while Cambodia has shown much progress over the years, the nation is still in need of diversity in its economy as it becomes even more competitive with countries like Myanmar and Vietnam, frontrunners in manufacturing low-cost garments.To support this diversification process, the government offers a new industrial policy of Cambodia that aims to upgrade its industries from providing labor intensive, low-cost manufacturing to a more value-centered production system; so as to encourage the expansion of medium and small-sized entities or corporations by way of an industrial development policy that will enforce stronger regulations, better business dealings and modernization. With an inexpensive, young and fast-learning population, tech industries also seem to offer vast opportunities in the Kingdom. These industries also offer a superior quality of life, and potential for career development, than base-line industrial jobs. With this agenda taken into consideration, ADB says that the industry segment is projected to grow in the following year by around 9.5 per cent. While Cambodia has seen some triumphs in recent years, it still has many more battles to win. The world is watching while the next tiger of ASEAN grows up.

Realestate.com.kh is proud to be announced as Official Media Partner for the 2016 South East Asia Property Awards. Returning for a successful sixth year, the South East Asia Property Awards 2016 is the biggest, most prestigious and most recognised industry awards in the entire region.  Organised by PropertyGuru, Asia’s leading online property portal group, the programme serves as the grand finale for the ASEAN strand of the 11-year-old Asia Property Awards series, with the top and emerging names in real estate gathering on 23-24 November at the prestigious Shangri-La Hotel Singapore. Last year’s biggest winners included Far East Organization and UOL Group from Singapore, and Front Concept group from Malaysia, while UOL’s deputy group CEO Liam Wee Sin was awarded the coveted Singapore’s Real Estate Personality of the Year accolade. The event is also a tremendous networking opportunity for real estate professionals who would like to meet the industry leaders who are redefining the property landscape. Don’t miss this! As stated by Director of Realestate.com.kh, Mr Tom O'Sullivan, about the media partnership: "In early 2016, Realestate.com.kh created a strategic relationship with the PropertyGuru Group that allows Realestate.com.kh and our clients to leverage off the powerful network of property portals, events and related media in the ASEAN region; including PG Singapore, PG Malaysia, DD Thailand and Indonesia. The South East Asia Property Awards brings together leaders from across the region, including those from our market: the extremely fast-developing Cambodia. Partnering with the SEA Property Awards allows Realestate.com.kh and our clients to bring Cambodian property to the world stage, and of course to network and learn from the region's industry leaders."WANT TO FIND OUT MORE?

អ្នកជំនាញ ក្រុមហ៊ុន CBRE ដែលជាក្រុមហ៊ុនវាយតម្លៃអចលនទ្រព្យធំមួយនៅកម្ពុជា បានឱ្យដឹងថាតម្លៃដីនៅរាជធានីភ្នំពេញកើនឡើងជិត ៥%ក្នុងត្រីមាសទី១ ឆ្នាំ២០១៦នេះ។ លោក Chris Hobden អ្នកគ្រប់គ្រងផ្នែកស្រាវជ្រាវ សេវាផ្ដល់ប្រឹក្សាយោបល់ និងវាយតម្លៃ នៅក្រុមហ៊ុន CBRE Cambodia បានថ្លែងថា ៖«ទីផ្សារអចលនទ្រព្យនៅទីក្រុងភ្នំពេញ បានកើនឡើងសកម្មភាពអភិវឌ្ឍន៍ច្រើនគួរឱ្យកត់សម្គាល់នៅក្នុងត្រីមាសទី១ ឆ្នាំនេះ ដោយការវិនិយោគលើវិស័យសំណង់ និងសំណង់លំនៅឋានដែលបានបើកសម្ពោធ គឺកើនឡើង ២៦៧% និងជាង ៦០%ធៀបនឹងឆ្នាំទៅមិញ។ តម្លៃដីបានកើនឡើងក្នុងកម្រិតមធ្យមប្រមាណ ៤,៨%ក្នុងត្រីមាសទី១ ឆ្នាំនេះនៅក្នុងខណ្ឌចំនួន ៦។ ដោយឡែក ខណ្ឌជ្រោយចង្វា កើនឡើង ៨,៨%ដែលធ្វើឱ្យតម្លៃដីកើនឡើងដល់កម្រិត ២០៨%គិតចាប់តាំងពីត្រីមាសទី១ ឆ្នាំ២០១០ ដោយសារតែអភិវឌ្ឍន៍ហេដ្ឋារចនាសម្ព័ន្ធ សកម្មភាពអភិវឌ្ឍន៍ក្រុមហ៊ុនក្នុងស្រុក និងការបន្តពង្រីកទីក្រុង»។ តាមប្រភពដដែលបានឱ្យដឹងបន្ថែមទៀតថា ខុនដូប្រមាណ ៤១៥៨ឯកតានៃគម្រោងចំនួន ៨បានប្រកាសនៅត្រីមាសទី១ ឆ្នាំនេះដែលធ្វើឱ្យមានកំណើន ៦១,៦%ធៀបនឹងរយៈពេលដូចគ្នាឆ្នាំទៅមិញ។ ដោយឡែក ការវិនិយោគនៃវិស័យសំណង់គឺមានទំហំប្រមាណ ១,៦៥ពាន់លានដុល្លារនៅត្រីមាសទី១ កើនឡើងប្រមាណ ២៦៧%បើធៀបនឹងត្រីមាសដូចគ្នាឆ្នាំ២០១៥ (កាលនោះមានទំហំ ៤៤៨លានដុល្លារ)៕ Find out more: Download the full report!

ក្រុមហ៊ុន HLH ជាក្រុមហ៊ុនចុះបញ្ជីមូលបត្រ Mainboard SGX Groupដែលបានកែលំអដោយជោគជ័យនៅលើដីកសិដ្ឋាន 10.000ហិកតាដែលមានស្រាប់របស់ខ្លួននៅក្នុងស្រុកឱរ៉ាល់ខេត្តកំពង់ស្ពឺនៅក្នុងប្រទេសកម្ពុជាដើម្បីក្លាយជា ឧទ្យានឧស្សាហកម្មកសិកម្មពេញលេញមួយដោយគ្របដណ្តប់ដោយការដាំដុះនិងដំណើរការសង្វាក់ផលិតកម្មដំឡូងមី ។ វានឹងមានតំបន់ដែរទាក់ទាញនៅក្រុមវិនិយោគិនអន្តរជាតិដែលមានចំណាប់អារម្មណ៍នៅក្នុងការបង្កើតកសិដ្ឋាននៅក្នុងឧទ្យានថ្មីនេះ។ រោងចក្រផលិតម្សៅដំឡូងមីនៅតំបន់ថ្មីនោះត្រូវបានបញ្ចប់កាលពីសប្តាហ៍មុន។ទន្ទឹមនឹងនេះដែរខ្សែសង្វាក់ផលិតកម្មម្សៅដំបូងមីរបស់ក្រុមហ៊ុននេះដែលត្រូវបានបញ្ចប់នៅក្នុងសប្តាហ៍ដំបូងនៃខែមេសាឆ្នាំ 2016 នឹងផលិតបាន 120 តោននៃម្សៅដំឡូងមីជារៀងរាល់ថ្ងៃចាប់ផ្តើមពីសប្តាហ៍នេះ ។ កម្រិតនៃការផលិតត្រូវបានរំពឹងថានឹងកើនឡើងប្រមាណជា 150 តោនក្នុងមួយថ្ងៃ ហើយនឹងផលិតជាម្សៅមីប្រហែល 35.000 តោនជារៀងរាល់ឆ្នាំនៅចុង ឆ្នាំនេះ។ ភាគច្រើននៃម្សៅដំឡូងមីទាំងនេះនឹងត្រូវបាននាំចេញទៅក្រៅប្រទេស។ តម្លៃទីផ្សារ បច្ចុប្បន្ននៃម្សៅដំឡូងមីគឺប្រហែល USD360 / តោន។ FIND OUT MORE - contact HLH Group now!លោក DATO JOHNNY ONG ជាអនុប្រធាននិងជានាយកប្រតិបត្តិរបស់ក្រុមហ៊ុន HLH Group បានមានប្រសាសន៍ថា ”ជាមួយនឹងឧទ្យានឧស្សាហកម្មកសិកម្ម 10.000 ហិកតា ថ្មីនេះយើងអាចបង្កើនផលិតកម្មរបស់យើងតាមរយៈការផ្គត់ផ្គង់ផលិតផលដំឡូងមី។ ជាមួយនឹងគ្នានោះដែរយើងកំពុងតែស្វែងរកនូវដៃគូរវិនិយោគទាំងនៅក្នុងតំបន់អាស៊ីនឹងតំបន់អឺរ៉ុបដើម្បីបង្កើននូវចំណងទាក់ទងនៅក្នុងវិស័យកសិកម្ម, ជាមួយនឹងការអភិវឌ្ឍន៍ហេដ្ឋារចនាសម្ព័ន្ធមានដូចជា កំពង់ផែក្រុងព្រះសីហនុដើម្បីសំរួលនៅការនាំចេញនឹងនាំចូល, ឧបករណ៍កសិកម្ម និងរោងចក្រផលិតកម្ម, ទន្ទឹមនឹងនេះយើងអាចបង្កើននូវទិន្នផលនៃការដំដុះរបស់យើង ព្រមទាំងបង្កើនបរិមាណនិងគុណភាពនៃការផលិត”។ក្រុមហ៊ុន HLH Agriculture (Cambodia) Co.,Ltd មានគម្រោងផ្តួចផ្តើមកម្មវិធីសម្រាប់ការចុះកិច្ចសន្យាធ្វើកសិកម្ម ដើម្បីបង្កើនការប្រកួតប្រជែងរបស់កសិករក្នុងប្រទេសកម្ពុជានិងនៅពេលជាមួយគ្នាផ្ដល់ឱកាសការងារថ្មីនៅក្នុងប្រទេសនេះ ដោយការបើកអោយប្រជាជនកម្ពុជាកាន់តែច្រើននឹងមានការងារធ្វើ នឹងក្លាយជាមនុស្សខ្លួនទីពឹងខ្លួននៅក្នុងការលូតលាស់ យ៉ាងឆាប់រហ័សក្នុងវិស័យឧស្សាហកម្មនិងកសិកម្ម។ ទន្ទឹមនឹងនេះដែរក្រុមហ៊ុនបានដាក់បង្ហាញគំរោងថ្មីមួយសម្រាប់ការរួមបញ្ចូលគ្នានៃឧទ្យានឧស្សាហកម្មមាត្រដ្ឋានកសិកម្មស្ដង់ដាកែច្នៃអាហារមួយ ត្រូវបានដាក់ឈ្មោះ CAMFARM នៅលើផ្ទៃដី 400 ហិកតានៃដីកសិកម្មដែលទទួលបាននៅក្នុងឆ្នាំ 2008 វាត្រូវបានគេរំពឹងថានឹងបញ្ចប់គំរោងថ្មីនេះនៅឆ្នាំ 2017 ក្រុមហ៊ុននេះនឹងក្លាយជាប្រភពយ៉ាងសកម្មសម្រាប់វិនិយោគិនជាតិនឹងអន្តរជាតិនៅក្នុងឧស្សាហកម្មនឹងជាយុទ្ធសាស្រ្តអន្ដរជាតិសំរាប់ការកែច្នៃចំណីអាហារខ្លួននៅក្នុងឧទ្យាននេះ។ FIND OUT MORE - contact HLH Group now!សង្វាក់ផលិតកម្មកសិកម្មដែលមានបទដ្ឋានស្តង់ដាតាមបែបសឹង្ហបុរីមានដូចជា: រោងចក្រផលិតអាហារកំប៉ុងរោងចក្រផលិតអាហារគ្រៀមរោងចក្រផលិតបន្លែ និងផ្លែឈើរោងចក្រផលិតម្ហូបអាហារនិងភេសជ្ជៈរោងចក្រអង្កររោងចក្រវាយនភ័ណ្ឌកសិដ្ឋានចិញ្ចឹមសត្វកសិដ្ឋានដាំដំនាំសង្វាក់ផលិតកម្មគ្រាប់ស្វាយចន្ទីសង្វាក់ផលិតកម្មចំនិតដំឡូងបារាំងតំបន់ កសិ-ឧស្សាហកម្មឧស្សាហកម្មផលិតអាហារកែច្នៃឧស្សាហកម្មជីវឧស្ម័នគំរោងផលិតទឹកស្អាតធនាគារសណ្ឋាគារ និង រមនីយដ្ឋានកំសាន្តលំហែកាយភោជនីយដ្ឋានបន្តឈានទៅមុខ, ក្រុមហ៊ុន HLH គ្រោងនឹងបន្ថែមបន្ទាត់ផលិតកម្មពីរផ្សេងទៀតនៅឆ្នាំ 2017 ដែលនឹងបង្កើតសមត្ថភាពផលិតម្សៅមីប្រចាំថ្ងៃរហូតទៅដល់ 600 តោន។ ការចំណាយសំរាប់កន្លែងផលិតកម្មថ្មីនេះត្រូវបានប៉ាន់ប្រមាណថានឹងត្រូវចំណាយទឹកប្រាក់វិនិយោគប្រមាណ 10 លានដុល្លាអាមេរិក ហើយនឹងត្រូវបានផ្ដល់មូលនិធិដោយស្ថាប័នហិរញ្ញវត្ថុនិងវិនិយោគដែលមានសក្ដានុពលរួមគ្នា។FIND OUT MORE - contact HLH Group now!

ដំណើរការក្នុងការជ្រើសរើសប្រភេទប្រាក់កម្ចីទិញផ្ទះ និងអ្នកផ្ដល់ប្រាក់កម្ចី នៅកម្ពុជា អាចមានភាពស៊ាំញ៉ាំ ប៉ុន្តែប្រសិនបើអ្នកអនុវត្តតាមដំបូន្មានរបស់យើង ម្ដងមួយជំហានៗ អ្នកអាចបញ្ចៀសការខកចិត្ត ភាពអន្ទះអន្ទែង និងការខាតបង់ពេលវេលាបាន។ Realestate.com.kh នៅទីនេះដើម្បីជួយលោកអ្នក។តើអ្នកអាចជ្រើសរើស អ្នកផ្ដល់ប្រាក់កម្ចី ដែលគួរឱ្យទុកចិត្ត នៅកម្ពុជា បានយ៉ាងដូចម្ដេច? ជាមួយធនាគារពាណិជ្ជ ជាង៣៥ ដែលធ្វើប្រតិបត្តិការ នៅប្រទេសកម្ពុជា លោកអ្នកអាចមានការពិបាក ក្នុងការសម្រេចចិត្តដ៏ត្រឹមត្រូវ ក្នុងការជ្រើសរើសធនាគារណាមួយ និងធ្វើឱ្យប្រាកដថា អ្នកផ្ដល់ប្រាក់កម្ចីដល់អ្នក ផ្ដល់សេវាកម្មរបស់ពួកគេ ដោយអនុលោមតាមច្បាប់ និងក្រមសីលធម៌។ភាគច្រើន នៃប្រភេទប្រាក់កម្ចីទិញផ្ទះ នៅកម្ពុជា ត្រូវបានផ្ដល់ឱ្យ ជាមួយអត្រាការប្រាក់ ដែលអាចប្រែប្រួល ឬបានន័យថា ប្រសិនបើធនាគារ ចង់ ឬត្រូវការផ្លាស់ប្ដូរ អត្រាការប្រាក់ កំលុងពេលដែលអ្នកបង់សងប្រាក់កម្ចីនោះ ពួកគេអាចធ្វើទៅបាន។ ហេតុបែបនេះហើយ លោកអ្នកគួរតែជ្រើសរើសធនាគារមួយ ដែលមានកិត្តិនាម និងជំហរហិរញ្ញវត្ថុរឹងមាំ។ប្រសិនបើលោកអ្នកសួរសំណួរ ទៅភ្នាក់ងារធនាគារណាមួយ ហើយពួកគេមិនអាចឆ្លើយសំណួររបស់អ្នក បានដោយសមស្រប សូមព្យាយាមស្វះស្វែងរកសេវាកម្ចី ពីធនាគារផ្សេងទៀត។ លោកអ្នកគួរតែស្វែងរកធនាគារណាមួយ ដែលមានក្រុមការងារមានឯកទេស និងបទពិសោធន៍ ក្នុងការផ្ដល់ប្រាក់កម្ចីអចលនទ្រព្យ ជាជាងធនាគារ ដែលមាន ”ភ្នាក់ងារឥណទាន ដែលចេះគ្រប់ឯកទេស ប៉ុន្តែមិនច្បាស់លាស់គ្រប់យ៉ាង”។ធនាគារពាណិជ្ជភាគច្រើន ទាមទារអតិថិជន ឱ្យបង់ថ្លៃគោលជាមុន ដែលមានតម្លៃប្រហាក់ប្រហែលគ្នា។ ជាទូទៅ លោកអ្នកត្រូវបានរំពឹងឱ្យបង់ ថ្លៃស្នើសុំប្រាក់កម្ចី ថ្លៃច្បាប់សម្រាប់ការរៀបចំ និងចុះឈ្មោះឯកសារកម្ចី នៅឯមន្ទីរសុរិយោដី ថ្លៃវាយតម្លៃអចលនទ្រព្យ និងថ្លៃធានារ៉ាប់រង លើហានិភ័យអគ្គិភ័យ នៃអចលនទ្រព្យរបស់លោកអ្នក។រឿងសំខាន់ដែលត្រូវធ្វើ សម្រាប់លោកអ្នក គឺការមើលលំអិត អំពីថ្លៃផ្សេងៗ ឬចំណុចណាមួយ ដែលមិនត្រូវបានបង្ហាញត្រង់ៗ នៅក្នុងល័ក្ខខ័ណ្ឌនៃការបង់ថ្លៃគោលជាមុន និងការសងត្រលប់ប្រាក់កម្ចី មុនកាលកំណត់ ដោយផ្នែក ឬទាំងស្រុង។ធនាគារភាគច្រើន មានគោលនយោបាយ ទាមទារឱ្យបង់ ៣% សម្រាប់ការសងប្រាក់មុនកាលកំណត់ ប្រសិនបើអ្នកបង់សង ច្រើនជាងចំនួនដែលតម្រូវ ឬចង់បង់សងផ្ដាច់ ក្នុងរវាង៣ឆ្នាំ បើទោះជាធនាគារខ្លះ មានថ្លៃបង់សងមុនកាលកំណត់ខ្ពស់ជាង ឬរវាងរយៈពេលបង់ផ្ដាច់យូរជាងក៏ដោយ។សួរសំណួរ ដើម្បីលំអិតពី ល័ក្ខខ័ណ្ឌ នៃប្រាក់កម្ចី៖ សួរអំពី តម្លៃការស្នើសុំប្រាក់កម្ចី និងថាតើថ្លៃស្នើសុំ ចាំបាច់ត្រូវបង់ទាំងស្រុងជាមុន ឬបង់ជាប្រចាំឆ្នាំ, រយៈពេលដើម្បីទទួលបានការយល់ព្រម លើសំណើកម្ចី និងមធ្យោបាយ នៃការបង់សង តាមរយៈលុយសុទ្ធ ឬការកាត់ទឹកប្រាក់ដោយស្វ័យប្រវត្តិ ពីគណនេយ្យរបស់អ្នកខ្ចី?គោលនយោបាយកម្ចីទិញផ្ទះ ដែលលោកអ្នកគួរតែគិតគូរដែរនោះ គឺកម្ចីអចលនទ្រព្យបន្ថែម។ វាសំខាន់សម្រាប់អ្នក ក្នុងការសិក្សាពីគោលនយោបាយប្រភេទនេះ ប្រសិនបើអ្នកចង់បន្ថែម ចំនួនអចលនទ្រព្យដែលអ្នកមានក្នុងដៃ តាមរយៈការទិញអចលនទ្រព្យបន្ថែម ឬការលក់គេហដ្ឋានមួយ ដើម្បីទៅទិញគេហដ្ឋានមួយផ្សេងទៀត។ កម្ចីអចលនទ្រព្យបន្ថែមនេះ អាចតម្រូវឱ្យលោកអ្នកបង់ថ្លៃស្នើសុំផងដែរ ដែលមានតម្លៃទាបជាងច្រើន ជាងការស្នើសុំកម្ចីទិញអចលនទ្រព្យថ្មី តែម្ដង។ធនាគារមួយចំនួន អាចរឹងត្អឹង ឬមិនមានភាពបត់បែន ប្រសិនបើអ្នកចង់លក់ផ្ទះរបស់អ្នក និងត្រូវបង់សង់ឱ្យអស់ ដើម្បីទទួលបានប្លង់ សម្រាប់ការផ្ទេរកម្មសិទ្ធអចលនទ្រព្យ។ សូមមានការប្រុងប្រយ័ត្នចំពោះចំណុចមួយនេះ ព្រោះវាអាចជាឧបសគ្គ សម្រាប់លោកអ្នក ក្នុងការលក់អចលនទ្រព្យរបស់ខ្លួន។ធនាគារមួយចំនួន តម្រូវឱ្យអ្នកជូនដំណឹងយ៉ាងតិច៣ខែមុន ប្រសិនបើអ្នកមានបំណងចង់បង់សងផ្ដាច់ មុនកាលកំណត់ ហើយការតម្រូវដូច្នេះ ច្រើនជាវិធីដែលធនាគារអនុវត្ត ដើម្បីបញ្ចៀសកាលៈទេសៈ ដែលអតិថិជនស្វះស្វែងរកកម្ចី ពីធនាគារមួយផ្សេងទៀត។ ប្រសិនមានករណីដូច្នេះ អ្នកត្រូវតែដឹងជាមុន មុនពេលដែលអ្នកយល់ព្រមទទួលប្រាក់កម្ចី។ទទួលបច្ចុប្បន្នភាព អំពីវិស័យអចលនទ្រព្យនៅកម្ពុជា និងទទួលបានព័ត៌មានអចលនទ្រព្យ ទាន់ហេតុការណ៍ តាមរយៈការទាញយក កម្មវិធីRealesate.com.kh នៅលើទូរស័ព្ទដៃរបស់លោកអ្នក ឥលូវនេះ!

Cambodia’s most outstanding mixed-use development is soon to overlook the Mekong River with three 55-storey buildings, set for completion in 2020. The two towers of The Peak will be reserved for residential uses, while the third commercial tower will be the home of 20-storeys of the world-renown Shangri-La hotel, with 35-storeys of Grade A office space below it.Learn More: Get in touch with The Peak’s friendly team today! With the upcoming ASEAN Economic Community, increasingly international corporations are entering the Cambodian market, and high grade office space and luxury residential units are rising in demand every month. Over 50% of registered companies in the Kingdom are majority foreign owned, and this trend is set to continue as Cambodia rises as an interconnected manufacturing, resource, agriculture and logistics hub for regional firms looking to expand, outsource or diversify. With an additional 5-storeys of prime retail space, The Peak also caters to Cambodia’s rising middle class, who are proving to have a taste for shopping and international brands. The developer is the renowned Oxley-WorldBridge Cambodia, a joint venture between Singaporean-based Oxley Holdings and WorldBridge Land Cambodia, which first launched in Cambodia in 2013. Oxley-Worldbridge’s The Peak is the second major residential development undertaken by the conglomerate. The Bridge, the joint venture’s first Phnom Penh project, marked a turning point for the entire Cambodian’s property sphere. With the release of The Bridge, the world took notice of the Cambodian market, the huge project bringing a new standard of construction and architectural flare to the capital. The Bridge, coming online in 2018, has now sold 96% of the projects 762 apartment units and 71% of 963 SoHo units. The Peak is perfectly located minutes walk from Phnom Penh’s largest AEON Mall, Nagaworld 1 & upcoming Nagaworld 2, and just 2 minutes drive to Business Convention Centres on Diamond Island. And of course, the 5-Star Shangri-La Hotel will be right next door.Don’t miss your chance to own a slice of Cambodian history; get in touch with The Peak’s friendly team today!

Within the confines of Cambodia, there lies a paradise known as Sihanoukville, the nation’s premier beach town. For years, this gem was overshadowed by the interest of tourists who only visited Cambodia for a few days to experience the temple complex and Angkor Wat in Siem Reap. However, with an eye for great investment opportunities, the developer Camhomes – part of the Singaporean Corporation, the HLH group – looked in the opposite direction toward the majestic views of the Sihanoukville coastline. This prompted the conceptualization and the progressing construction of D’Seaview, one of Cambodia’s grandest property investments. FIND OUT MORE ABOUT THIS OPPORTUNITY NOW!Standing tall with a 28-storey foundation, this project offers buyers a flexible finance scheme for purchase. With interest rates starting from only 9% per annum for up to 25 years, Maybank gives you the chance to own not only your own modern beach condo in Sihanoukville, but a chance to own part of Cambodia’s beautiful skyline. Not only that, but Maybank will allow you to loan up to 70% of the property purchasing price for local Cambodian and up to 50% for international buyers.  Even with its state of the art facilities and Singaporean-inspired design, Camhomes – through its unique partnership with Maybank – still allows third party guarantees and accepts soft title deeds with no loan approval fee, no renewal fee and no amendment fee.   A well-equipped gym and lap pool will be available for those who need their daily health fix; and D’Seaview will also provide 24-hour manned security for individuals and families alike. A 24-hour car park for residents and guests, with ample space, is ideal for those who planned to extend their hours into the morning. FIND OUT MORE ABOUT THIS OPPORTUNITY NOW! Peaceful gardens also await investors as they make their way through to their units, ensuring fresh and breathable air. Walk paths along the waterfront property will also provide them ease of access and an enjoyable sightseeing experience as they look upon the great architectural design of the buildings surrounding them. The modern and eco-friendly aesthetic and function of D’Seaview definitely takes into consideration the livability of this project - for each and every beach condo. That’s why it also has a playground, so that the whole family can enjoy. And when you don’t feel like going to the beach, you know that you always have the option of staying in the confines of Sihanoukville’s first ever mixed use development where it will always feel like home. Don’t worry though, the beach and views are not the only things that make this piece of Sihanoukville worthwhile. It also boasts of a convenient and strategic location where international and traditional Khmer dining is available just a few minutes away from your unit for when you decide that you’re just too tired to cook. And if some partying and retail therapy is your idea of fun, bars, discos, night markets, spas and shopping plazas are just a few minutes away.  So, you see, there’s no shortage of things to do in Cambodia, especially in the town of Sihanoukville. Whether you want to get a tan or immerse yourself in local culture, D’Seaview by Camhomes will get you that perfect balance. If you’re retiring, moving to work in Sihanoukville or just looking to start a new phase of your life, why not consider this as an investment property for a beautiful future that just so happens to come with a beautiful view as well?FIND OUT MORE ABOUT THIS OPPORTUNITY NOW!

Many westerners who move to Phnom Penh for work, long-term holidays or retirement often arrive with expectations that don’t add up to reality of the 2016 Cambodian real estate market situation.For example, many have dreams of living in an opulent french-style villa at a rental or sale price that is just a fraction of what they might expect for a similar property in their home market.READ OUR ULTIMATE EXPATS GUIDE TO CAMBODIA Others think that their money will go a long way in Cambodia in terms of budget rentals, even in the big city’s hottest corridors. However, Phnom Penh, and in particular the expat-friendly suburbs, is a beast that is changing beyond the recognition of expats that settled here for work, pleasure or retirement 5-10 years ago. Some commonly-held expectations are becoming unrealistic in the 2016 Cambodian real estate market, and especially in Phnom Penh. In fact, the city is no longer full of the inexpensive, charming villas that many expats blithely assume will be readily available. So too is it beginning to see a shortage of affordable options for renters in central locations, as demand rises and landlord understand the underlying value of their locales. Desmond Yap, general manager of Yong Yap Properties in Phnom Penh, notes that this is only a natural result of supply and demand trends in the capital. “As wealthy property developers continue to find prime land for their developments in the central city districts, villas are getting snapped up due to the size of their surrounding land. The villas are then knocked down and the land is developed in a condo complex, hotel or commercial venture. Over time, this has limited the supply of villas and therefore prices have increased dramatically,” says Yap. The reality is that Phnom Penh has grown dramatically in the past ten years. Like any high growth city, this has caused two things to happen: 1) Housing prices have gone up dramatically and 2) no matter how much gets built, it is rapidly filled by buyers and renters, leaving a scarcity of supply for the most desirable kinds of developments. Yap also notes that as the standard of living rises in Phnom Penh, the cost of living also increases: “You can give example of how workers salary in Phnom Penh is rising – it’s a lot tougher now to find a waiter working for $100/month compared to 5 years ago.” Many expats coming to Cambodia are misinformed as to the true affordability of property, suggests Yap. Yap gives the example of The Lonely Planet guide. This highly popular travelers resource says that expats can get small flats for around $200 with internet and wifi in central Phnom Penh, “yet they need to take this into context; are they referring to inner city Phnom Penh? How long ago did they write it? etc. We actually have had people that come into the Yong Yap office quoting lonely planet and how we should be able to find them a western place for $200 inclusive of x,y,z… If they expect western qualities in their new apartment, this proves a very hard ask!” More realistically, western style luxury apartments with all the amenities, and also serviced apartments — such as a pool, gym and security — can be had for $500-$3000 per month. Check out properties available NOW! Alternately, more authentically Cambodian digs can be rented for around $300 per month. As the city has grown, the city has done what so many cities do: Converted housing on busy streets to businesses and demolished low density housing to replace it with high-rise apartments or commercial skyscrapers. When high-rise buildings go up, the villas next door to them are negatively impacted by the noise and dust of construction. They often never really recover. For the villas that remain, the demand is not only from residential property seekers but also F&B operators. This means home buyers and renters are having to compete with commercial enterprises who place a high value on the architecture, parking space and also the prime locations. The reality is that, at this point, there is a fairly small pool of highly desirable, Western-style homes in good locations. And unsurprisingly, these homes are rarely up for grabs. Either the owner knows they have a sweet deal and is not going anywhere any time soon, or these prime locations get sold to people who have connections of some sort, such friends of the family or coworkers. There are a lucky few expats who do enjoy this situation because they locked low rental prices some time ago with a 5-10 year lease. But for new signees, prices remain consistently high. For those new comers looking for a villa for rent in BKK1 - you might be on a waiting list... Some areas popular with expats include BKK1, Tonle Bassac and Southern Daun Penh. They do have a limited supply of villas, but not as many as they once had. Toul Kork remains a relatively good choice for an expat seeking a villa, however. But this may mean a longer commute for workers. Tuol Kork is a neighborhood about 30 minutes out of the center of the city that is increasingly attracting ex-pats. As with other large cities, commuting to a suburb outside the densely developed downtown area is a good way to find places renting for much less money. Learn more about expat rentals in Phnom Penh! Additionally, it is important to keep in mind that Cambodia is not a Western country. Although the West has had a substantial influence upon the architecture of developed cities the world over, like any Eastern country, Cambodia has its own history and culture, including its own architectural tastes. Even for homes that are built in a largely Western style, it is common for some details to just seem odd to the Western eye. The colors may seem not quite right. They may seem bolder than you expected. The trim may also seem in some way unusual. The finishing quality too may differ from western expectations. Yap notes that “western products/services generally will cost more as many products need to be imported. Quality window frames, light fittings etc. all need to be imported, and this naturally raises expected costs for renters and buyers.” Therefore, advice for those moving to Phnom Penh is that you will be well served by arriving with more realistic expectations concerning the style, price and availability of housing in the city where you plan to live out your expat experience. You may need to go with an apartment instead of a villa. You may need to have a longer commute. You may need to adjust your tastes. But after all, the ability to adapt is a key part of the expat experience, in any country, and can come with unexpected pleasures... READ OUR ULTIMATE EXPATS GUIDE TO CAMBODIA

Welcome to another real estate news recap, from Realestate.com.kh - your leader in property information! Keep up to date with market changes, and be an investor with FORESIGHT! The Peak by Oxley:May 3 was a special day for Singapore-listed property group Oxley Holdings and its Cambodian partner Worldbridge Land as it marked the first day of construction for The Peak which follows the success of its predecessing project, The Bridge. Among the people who attended the groundbreaking were Singapore’s ambassador to Cambodia Kevin Cheok and Cambodia’s senior minister for land management, urban planning and construction, Chea Sophara. Vice-chairman of Kerry Group George Yeo were also in attendance.Young Game Changers:Turnkey founder, Chim Sothea and architecture student Ly Suyi are making waves as they slowly make their mark in the Cambodian Architecture industry. Sothea hope to change the system by providing specialization in the field - as opposed to the old business practice of combining design and construction in one firm. Suyi, on the other hand has won four awards in drawing competitions; where she attributes the success to her grandmother teaching her how to draw so that she’d stop crying. The future of Cambodia’s design and construction field is definitely something to look forward to with the addition of young geniuses like these.NagaWorld Destruction:NagaWorld in Phnom Penh has had its fair share of controversies, including a suspension due to a question of legality. So, it’s nothing new when Minister Chea Sophara had ordered the destruction of an awning at NagaWorld this week which exceeded three meters into public property. The ministry hopes this would set an example for other developers who are planning to do the same. They are also hoping that this would instill respect for public land. So, if you’re planning to construct something beyond your boundary, you might just follow suit with NagaWorld and lose more than you bargained for.Cambodia’s Patent Law:Cambodia’s Ministry of Industry and Handicraft, together with the Japan Patent Office (JPO), signed an agreement yesterday that would streamline facilitating patent grants as a means of getting protection in Cambodia. The agreement aims to mutually strengthen and protect trademarks in intellectual property, industrial designs, unity models and patents to further expand both Japan’s and Cambodia’s economy. This is good news for the design and even the construction industry.Construction Investment Increase:The first quarter of the Kingdom’s investment in the construction sector in 2016 saw an increase of 267 per cent to $1.65 billion dollars from last year’s $448 million. This is due largely to Cambodia’s convenient investment laws. As evidence, deputy director general of the Ministry of Land Management, Lao Tip Seyha has confirmed that there are 473  construction projects that currently take up 3.7 million square meters of land.Tourism is Booming:Kong Sopheareak, director of the statistics and information department at the Ministry of Tourism, confirmed that along with the rise in investment in the first quarter of 2016, the tourist count had also increased by 2.6 per cent which totalled over 1.3 million. This means better opportunities for investments either from the tourists themselves or people who wish to take advantage of and create a business around the massive quantity of tourists.Valuers Congress:The 19th ASEAN Valuers Association Congress will be held in Cambodia on May 4 to May 7, 2016. This will be the first time the Kingdom will host the event and it hopes that with the visit of international movers and shakers who are part of AVA, it will conclude with an alignment to its theme which is One ASEAN, One Valuation Standard. Besides coming to terms with a single standard, this is also a great opportunity to showcase the wonderful investment opportunities Cambodia can share to the world.

កាលពីថ្ងៃទី១១ ខែមករា ឆ្នាំ២០១៨ ម្សិលមិញនៅក្នុងដំណើរទស្សនកិច្ចមកកាន់ប្រទេសកម្ពុជារបស់លោក Li Keqiang នាយករដ្ឋមន្រ្តីនៃសាធារណរដ្ឋប្រជាមានិតចិន។ ភាគីកម្ពុជា និងចិនបានចុះកិច្ចហត្ថលេខាលើអនុសារណយោគយល់ថ្មីចំនួន ១៩  ពោលគឺផ្តោតសំខាន់លើការអភិវឌ្ឍន៍ ហេដ្ឋារចនាសម្ព័ន្ធ កសិកម្ម និងវិស័យសុខាភិបាល។យោងតាមគេហទំព័រព័ត៌មានរបស់ក្រសួងសាធារណការ និងដឹកជញ្ជូនបានឲ្យដឹងថាផ្លូវល្បឿនលឿនភ្នំពេញ-ព្រះសីហនុ ដែលគ្រោងនឹងសាងសង់​មានប្រវែង១៩០,៦៣គីឡូម៉ែត្រទទឹង២៤ ម៉ែត្រសាងសង់ដោយក្រុមហ៊ុនចិនជាទម្រង់ BOT ត្រូវបានចាត់ជាគម្រោងអាទិភាពសម្រាប់ឆ្នាំ ២០១៨។ការចុះហត្ថលេខាលើកិច្ចព្រមព្រៀងសម្បទានផ្លូវការសម្រាប់គម្រោងអភិវឌ្ឍន៍ហេដ្ឋារចនាសម្ព័ន្ធផ្លូវល្បឿនលឿនភ្នំពេញ-ខេត្តព្រះសីហនុត្រូវបានធ្វើឡើងរវាងឯកឧត្តម ស៊ុន ចាន់ថុល ទេសរដ្ឋមន្រ្តី រដ្ឋមន្រ្តីក្រសួងសាធារណការ និងដឹកជញ្ជូនបានជាមួយភាគីចិនតំណាងដោយលោក Liu Qitao ប្រធានក្រុមហ៊ុនសំណង់គមនាគមន៍ចិន។គម្រោងសាងសង់ផ្លូវល្បឿនលឿននេះនឹងត្រូវសាងសង់ដោយវិនិយោគិនចិននៅឆ្នាំ២០១៨ជាផ្លូវមាន០៤គន្លង មានប្រវែងសរុប១៩០,៦៣គីឡូម៉ែត្រចេញពីភ្នំពេញរហូតដល់ខេត្តព្រះសីហនុជាផ្លូវថ្មីទាំងស្រុងដែលផ្លូវនោះមានទទឹង ២៤ម៉ែត្រក្រាលកៅស៊ូ AC មានសួនច្បារខណ្ឌកណ្តាល មានផ្លូវបំបែកប្តូរទិស មានទីតាំងឈប់សម្រាក មានរបងបាំងសងខាងផ្លូវ។បច្ចុប្បន្នផ្លូវជាតិលេខ៤បានដើរតួយ៉ាងសំខាន់សម្រាប់សេដ្ឋកិច្ចរបស់កម្ពុជា ហើយបន្ទាប់ពីបញ្ចប់ការសាងសង់រួចផ្លូវល្បឿនលឿននេះនឹងកាន់តែជួយសម្រួលដល់ចរន្តដឹកជញ្ជូនទំនិញ និងការធ្វើ ដំណើរទូទៅឲ្យកាន់តែមានភាពងាយស្រួល។ ពាក់ព័ន្ធនឹងវិស័យទេចរណ៍ នឹងជម្រុញកំណើនអ្នកទស្សនានៅក្នុងខេត្តព្រះសីហនុបន្ថែមទៀត។  លើសពីនេះទៀតវិស័យអចលនទ្រព្យនៅតាម បណ្តោយផ្លូវជាតិថ្មីនេះនឹងកាន់តែរីកចម្រើនពិសេសកំណើននៃការវិនិយោគនៅក្នុងខេត្តព្រះសីហនុ​នឹងកាន់តែប្រសើរឡើង។ស្វែងរកព័ត៍មានអចលនទ្រព្យចុងក្រោយបំផុតតាមរយៈ Realestate.com.khស្វែងរកអចលនទ្រព្យសម្រាប់លក់ ឬជួលតាមរយៈ Realestate.com.kh