Looking at the world, people are gradually beginning to create an association between a high-quality lifestyle with luxury residences. With the continuous expansion of major cities and an increase in income, the rising residential demand is driving the continuous development of residential products.At the core of the city, the emergence of condominiums have garnered popularity in recent years, these large flats, has not only greatly upgraded the living quality of the elites, but also has an impact on the traditional multi-storey villas to a certain extent, replacing them as the new must-haves for true luxury living.The smash-hit One57 in New York, 432 Park Avenue, the tallest residential building in the Western Hemisphere, and Hyde Park One, the most prestigious apartment in the London area, all feature rare luxury flats and declare large flats worldwide. The same breed of residences has arrived in the Kingdom.In Cambodia, a sky mansion featuring large flat floors has been born. As a rare luxury residential product in Cambodia, Sky Villa shines on the central axis of the capital Phnom Penh, lighting up the entire skyline.Sky VillaCambodia’s capital garden-style sky mansionSky Villa is a sky garden-style mansion composed of two 35-story twin towers with a total height of nearly 140 meters. It is a beautiful landscape of Phnom Penh's new cityscape and is also a new urban landmark in the Cambodian capital, Phnom Penh.With the continuous emergence of tall buildings in Phnom Penh, Sky Villa can stand out from the crowd not only by its height but also by design. Instead of saying that Sky Villa is a residential product building, it is better to call it a masterpiece of artistic style and luxurious design.Sky Villa was designed by CY Lee, the internationally renowned Taiwanese chief architect behind the iconic Taipei 101.In order to combine the whole building with the unique natural scenery of Southeast Asia, Li Zuyuan planned a large decorative space on the exterior of Sky Villa, which can cultivate green plants, so that the whole building can clearly imagine the basic concept of what a modern residence should be just by looking from the outside.When you walk into the Sky Villa you will find that every tree, brick, tile, and even the atmosphere, all make up a life that you only thought was possible in your dreams. A home so soothing that the body can be truly calm, and any worry or stress simply fades and melts at the very sight of Sky Villa.Sky Villa is not only a top mansion standing in the center of the capital, but also stands as a beacon of a peaceful life reminiscent of being in the countryside. The ingenious combination of the two is the ultimate experience of an ideal home only made possible in the Sky Villa.The reason why the big flat floor can present a very high-end living experience is that it surpasses the characteristics of currently established residential standards. Sky Villa’s sprawling residential units incorporate urban landscape resources and community supporting facilities into it, a true manifestation of the unique luxuries Phnom Penh’s elite get to enjoy.Sky Villa’s massive interior allows for a magnificent welcome hall with an atrium sky 10 meters high and inviting to a flow of natural light.The classic butterfly spiral staircase of European aristocracy can move to the mezzanine banquet hall. It is specially customized for high-society banquets and private parties, with absolute luxury and privacy.The 34-story sky courtyard, surrounded by flowers and connected by skywalks, makes people feel like they have walked into a European manor and immediately enjoy a comfortable life.This ingenious landscape design surrounds the sky swimming pool, fitness hall, hydrotherapy massage room, children's water and land play area, and open-air dining bar. The three-pronged approach of sports, leisure, and 360-degree viewing, is in the sky, getting rid of the suffocation of urban space, and spurs a new breath of life every time.In addition, the Sky Villa Club on the top floor also has a wine cellar, a recreation room, which can be used as a private room, and a reading area. Next to the club is a restaurant that can make the most delicious delicacies in Cambodia.The sky's the limit when it comes to comfortsProperty prices are slowly but surely rising in Phnom Penh while large-area units are starting to become harder and harder to find. Sky Villa remains a bastion of large floor units with unmatched comforts in the middle of the city, measuring 272 sqm to 509 sqm, truly one of the most spacious in the city.Sky Villa has 256 units and eight types of units, all of which are high-society luxury units, ideal for individuals and families looking to live a luxury lifestyle with no compromises.The details of each villa-type apartment show the exquisiteness of the palace-level private space, using superb architecture and top-class interior design to create a luxurious and comfortable atmosphere.All throughout the day, the surrounding interiors are filled with natural light, creating a unique luxury and exquisite life in Phnom Penh for you. This can be experienced fully through the multiple spacious balconies supplying each unit with a panoramic view of the city.When you stand on this balcony, you will understand what "ultimate homeownership" is, and why there are so many high-end residences.Each apartment type of Sky Villa has 270° full floor-to-ceiling windows. You can enjoy the extraordinary experience of sitting on the city skyline anytime and anywhere. The height of each household is 3.6-4.1m, which allows the owner to make full use of the design space.In addition to the spacious living area, each apartment of Sky Villa has a well-designed large viewing balcony, which can be directly accessed through the glass door of the living room. The owner can build a private garden, or use it as a barbecue area or a tea area.Taking into account safety issues, the balcony guardrails of each apartment are made of double-layer tempered glass and high-precision stainless steel technology, which is simple, beautiful, and durable.If you want to live in a busy city but still enjoy the tranquility of the suburbs, the soundproofing design of the room makes it certain that you have a good night's sleep. Sky Villa has applied double-layer sound insulation glass, which can effectively block 90% of noise.Phnom Penh is located in the tropics, and turning on the air conditioner with the doors and windows closed for a long time can cause the indoor air to be very dry. For this reason, each apartment type of Sky Villa uses an independent central air conditioner, which can effectively use the circulation of indoor and outdoor air to ensure air quality and make the room cleaner and fresher.Each apartment type of Sky Villa is designed with more than 2 rooms. Both the master bedroom and the second bedroom have a very large space to ensure the comforts as much as possible. The bedroom can not only easily accommodate a large bed of more than 2 meters, but also open up a dressing room and cloakroom.The toilet is designed with a separate wet and dry space. The master bathroom is also equipped with a bathtub. The bathroom products are all made of Hansgrohe and Duravit brands, which are beautiful, durable, and easy to clean.The storage cabinets in the bathroom are all suspended and fully enclosed, moisture-proof, and dust-proof, and the invisible handles ensure safety while maintaining a beautiful appearance. Selected bronze framed mirrors can stretch the visual effect and make space appear more open.As the most important activity area in the family, Sky Villa’s kitchen has floor-to-ceiling windows, which are very transparent and bright. The walls are entirely tiled, which does not cause smoke and oil to stick. It also has the bonus of being nice to look at while being easy to clean.The H-shaped or double-row design layout has reserved a refrigerator position, neat cabinets, and a spacious operating table, and can accommodate 4-6 people - something that comes very convenient when hosting family gatherings and banquets. Full consideration has been given to the kitchen ergonomically designed for Asian stature and habits.Sky Villa has a four-story underground parking lot, home security passages, and 24-hour monitoring equipment to protect the house.According to the usage habits of different age groups, all types of door locks adopt three unlocking methods of "password + swipe + key" , and are equipped with a full-featured video intercom, which not only provides convenience for life, but also ensures family safety.In addition, the fully operational video intercom can also be connected with door sensors, infrared alarm detectors, smoke detectors, and other equipment to upgrade to a security technology protection network, which plays an additional protective role in anti-theft and disaster prevention.Each apartment is equipped with an indoor escape door. When the elevator cannot be used in an emergency, you can go down the stairs from this door. Sky Villa provides maximum protection for the owner's life and property safety.Elite living means living at the center of everythingThe primary consideration for real estate purchase is the location as it directly influences your living experience.Sky Villa is located in a prime location in the core of Phnom Penh, south of the Olympic Stadium in Makara District, adjacent to Sihanoukville Avenue and Polish Republic Avenue. The surrounding area has a smooth transportation network and modern urban supporting facilities. It is only a few minutes away from the BKK consumer hot zone.Government agencies, embassies of various countries, and international financial banks, and other first-class political and commercial facilities are near the end of the day. Within a 3KM radius, there are also Olympia shopping malls, AEON 1 shopping malls, the Russian market, and the famous central market.Living in the city, in addition to the bustling shopping malls, sports centers, etc., there are many prestigious schools around Sky Villa, allowing parents to choose what is best for their child. With its superior living experience and lifestyle, Sky Villa meets the high requirements of high-end people for living space. It allows the city's elite to live in a "villa", and it also symbolizes a new era of global luxury life.Sky Villa has an out-of-print location, ultimate products, top-notch facilities, and exclusive services. It is unique in the capital, Phnom Penh, and is the best choice for urban elites to rent.Want to enjoy the super large existing villa-level luxury apartment at the best price? Lead the high-end exquisite life, stay at Sky Villa now!

New Dara Sakor International Airport passenger terminal progress. SSCA.The $3.5 billion China-built Dara Sakor International Airport in Koh Kong province is scheduled to be operational in mid-2021, close to three years after work started, according to a report from the State Secretariat of Civil Aviation (SSCA). It will be able to handle long-haul aircraft such as Boeing 777s and the Airbus A340.During a site inspection of the construction earlier this week, the SSCA’s technical working group said by the end of 2020 or early 2021 it will fully complete flight validation.The report added that on March 20 next year the company will complete acceptance of the construction and conduct a flight test the following day.It noted the construction company, Tianjin-based Union Development Group, will send the completed building documents to the SSCA by May 30, and, by mid-2021, the company will request the SSCA to service and operate the airport.On the airside, the apron is currently 90 percent complete, the 3,200-metre main runway is 99 percent ready, side strips are 90 percent finished, markings are 100 percent complete, the taxiway is 99 percent operational, drainage systems are 90 percent ready, navigation aids such as lighting systems have reached 60 percent completion and navigational aid equipment such as the Doppler VHF Omni Directional Range (DVOR)/Distance Measuring Equipment (DME) is already in the process of being installed.Mao Havannall, SSCA Minister, and colleagues inspect the Dara Sakor International Airport runway. SSCA.On the landside, the passenger terminal building is 60 percent ready – the rest of the work being decoration, furniture, plumbing, electrical and mechanical systems, and parking. Support buildings such as administration and accommodation are 80 percent ready as is the control tower, while the access road is 10 percent complete and the airport fence is 100 percent finished.In terms of other achievements, the petroleum station is 90 percent ready, the petroleum warehouse is 60 percent close to completion, the rescue and fire-fighting services (RFFS) road is 60 percent near to being finished, while the RFFS itself is 10 percent ready and water treatment is 60 percent complete.All work on the project built over 4.5 hectares of land in Botum Sakor district near the Gulf of Thailand will be finished by the end of the year, the report said.Sinn Chanserey Vutha, the spokesman for the SCCA, said the company is working within the schedule set for completion despite the advent of COVID-19. When asked if there will be passengers passing through the airport during the pandemic, Vutha said that it is up to the government to target low-risk countries and impose so-called Covid-free travel bubbles to attract tourists. “Phnom Penh International Airport is the hub and transit for business activities, investment, and tourism, but Dara Sakor International Airport is principally for tourists and charter or special flights,” he said. “It will serve high-class tourists,” he added, principally traveling on to Dara Sakor Resort. The resort is arguably the largest of its kind in the world. Development started in 2008 with the target of developing as much as 20 percent of Cambodia’s coastline.The project covers 360 square kilometres of land – more than half the size of Singapore – and includes parts of the Botum Sakor National Park. It has a 99-year lease signed in April 2008.The mega-complex has a port for cruise ships, international golf courses, a casino, apartment buildings, and hotels.Cambodian Ministry of Tourism Secretary of State Top Sopheak welcomed the move. He said that it is another new attractive tourism product in Cambodia also providing jobs for locals.“The airport will facilitate transportation for tourists to visit Dara Sakor or to fly from Dara Sakor to other destinations such as Siem Reap or Preah Sihanouk,” he added.Article by Sok Chan, originally posted on KHMER TIMES. Link to the original article below:https://www.khmertimeskh.com/50773320/luxury-new-international-airport-to-be-operational-by-mid-2021/

As the rest of the world struggles with COVID-19, the Kingdom of Cambodia has done relatively well in managing cases within its borders. As of reporting, the country only has 5 active cases left out of the 283 that were infected since February 2020. The government itself, despite low cases, has not ceased reminding residents to practice proper sanitation around public spaces.One of COVID-19’s biggest economic threats is discouraging people to go out in fear of catching the virus. Economies across the world have seen retail industries suffer massive losses (second only to international travel) due to the significant loss in foot traffic. Cambodia was not spared from this, especially during Q2 and Q3 2020, when foot traffic to retail and recreational areas went down by as much as 56%, according to the Google Mobility Tracker.Residential line (black) shows a downward trend in users tracked within residential areas while grocery & pharmacy line (green) and retail & recreation line (blue) show gradual recovery to the country’s baseline. Google Data Studios.However, things have started looking up. As of October 9, 2020, the Google Mobility Tracker indicates that foot traffic in retail and reaction areas are only down by 15% from the baseline. Similarly, those tracked in residential areas have also steadily decreased from 22% to just 5% above the baseline.Footfall for groceries, food markets, and pharmacies have been the quickest to recover from a low point of 42% to just 6% below the baseline. It appears that more consumers in Cambodia are regaining confidence in resuming their daily economic activities.The Cambodian government allowed businesses such as casinos and KTVs to reopen following new health regulations. K/T Siv Channa.In July 2020, the government announced the gradual reopening of businesses across cities like Phnom Penh. Casinos and KTVs, being prime job generators, were instructed to observe strict healthcare regulations in order to be allowed to reopen. Enforcement of these health guidelines was also on track as several businesses that did not follow regulations were immediately closed.In September 2020, most schools in Cambodia were reopened following the green light from the Ministry of Education. Schools will be observing similarly strict health guidelines such as social distancing within classrooms, shifting schedules, and the inclusion of online classes into the curriculum. Schools found to be violating these new regulations would be warned or temporarily shutdown.Schools reopened in September 2020 following a greenlight from the Ministry of Education. K/T Siv Channa.If the public continues to observe proper social distancing and sanitation, and businesses follow health guidelines, Cambodia can soon be on track to recovery similar to its neighbors. At the moment, however, data indicates that people are beginning to go out once again - presenting a good opportunity for businesses to capture returning commercial interests.Capturing returning commercial interest“If you go out to the markets and malls, these places are packed with people, especially during the weekends” observed Thomas O’Sullivan, CEO of Realestate.com.kh. “People are ready to go out. They just need a good reason to.”Realestate.com.kh, Cambodia’s biggest real estate platform, is hosting and organizing the Year-End Property Sale 2020 - a consumer expo featuring the country’s top brands all in one place. The Year-End Property Sale 2020 will also be the first physical/offline event in Cambodia complemented by an online sale that will run for a few weeks.The physical/offline event will be held in the Premier Center Sen Sok on Nov 27-28. Realestate.com.kh is known for featuring a range of exhibitors in its expo-defining events since 2018. The Year-End Property Sale 2020 will continue this streak with over 60 exhibitors representing a wide range of brands offering daily consumer products and services to big real estate projects. It will be a consumer expo where Cambodians can get great deals on the products they want.The other component of the event will feature an online property sale where buyers can avail of exclusive discounts from Cambodia’s top developments starting from November 27 until December 11. This is an ideal choice for property buyers who want to get great property deals in the comfort of their homes.Registration for both events is FREE. Simply register below to get freebies and avail of exclusive discounts during the event!Participant registrationExhibitor registrationThe proverbial new normal has already taken hold in much of major urban centers like Phnom Penh; a situation where hand sanitizers and surgical masks are considered staple in daily life. Realestate.com.kh has made it a point to ensure that the same safety measure will be applied throughout the 2-day event.Prior to COVID-19, Cambodia’s expanding market has attracted a great deal of local and international attention. And while the “new normal” may not have this activity returning to pre-COVID-19 levels yet, the interests of the wider consumer market are there, simply waiting for the perfect reason to go out.Article by:

Realestate.com.kh is proud to announce that LM Cars, a taxi-car app in Cambodia, is joining the Year-End Property Sale 2020 as a major sponsor! LM Cars is a new taxi-car app in Cambodia focusing on high-end consumers.LM Car is operating under the brand Le Majestic, a company specializing in high-end hospitality, travel management, and mobile payments.LM Car put a great deal of emphasis on a good experience by ensuring the safety and comfort of passengers. It has so far served over 150,000 users and currently enjoys the best travel service experience and highest safety rating in Cambodia. LM Cars operates on a 24/7 basis shifting between its 80 brand-new vehicles - all owned by the company to ensure its quality standards.Its array of available cars are all carefully selected: Ford Wingbo, Hyundai H1, and Toyota Alphard. Luxury choices are also available such as Bentley or Rolls-Royce - allowing all users the chance to enjoy the ultimate riding experience from these world-class cars!Costs on the user are all transparent on the app, and compared to other applications, any coupons you may have can easily be applied to the right destinations! LM Car has a roster of 120 full-time drivers. All drivers are screened before being hired, this includes verifying their driver’s license. New drivers receive additional training in driving, LM car standard operating procedures, and of course, good etiquette toward riders. While travel apps are growing more commonplace in Cambodia, LM Car sets itself apart from the competition with its sense of service commitments that guarantee the safety and comfort of riders. For example, a twice-a-day cleaning (and disinfecting) routine is applied for all vehicles. Each vehicle is equipped with tissues, charging cables, bottled water, and umbrellas to ensure a comfortable ride, no matter the weather.It’s worth mentioning that cars are all remotely monitored by a background security specialist. Any problems with the vehicle are immediately transmitted to LM Cars for quick action. Software installed in each vehicle has a built-in one-key alarm button for emergency situations.LM Car adopts a competitive pricing strategy that challenges other established platforms - something that has made the app a must-have for both Cambodians and expats in the Kingdom. LM Car plans to extend its quality assurances to other services as well. For instance, they launched a quick delivery service available in Phnom Penh. This expansion, according to LM Car, is only the initial step in offering an even fuller range of services in Cambodia.It’s no wonder then LM Cars, despite being a newcomer to the Cambodian market, has swiftly occupied a market segment looking for quality services ensured by their service commitments.LM Car’s participation in Realestate.com.kh’s Year-End Property Sale 2020 is born out of the common goal of both companies to address the needs of Cambodia’s growing consumer market. Phnom Penh itself is seeing a growth in residential demand and a similar need for quality transportation services.  With LM Car and Realestate.com.kh working together, much of Cambodia’s new breed of consumers will find something to look forward to in the near future.On Nov 27-28, 2020, users will get exclusive benefits from LM Cars when they go to the Year-End Property Sale 2020 in the Premier Center Sen Sok!The Year-End Property Sale 2020 will feature Cambodia’s latest consumer brands. Each one will offer exclusive introductory deals to attendees during the 2-day event. Realestate.com.kh sincerely thanks LM Car for its generous services allowing YEPS 2020 attendees to easily get to the Premier Center Sen Sok and get great deals on property and other consumer products!Curious about the exclusive deals available during the Year-End Property Sale 2020? Sign-up as an attendee to find out more!Year-End Property Sale 2020 attendee registrationThe Year-End Property Sale 2020 is a $100,000 marketing campaign that seeks to feature over 60 brands! If you’re a business looking to ride this massive marketing wave, you may register as an exhibitor below:Year-End Property Sale 2020 exhibitor registration linkOr you may directly contact the following:For all borey and plot land developers: Sumey Soun (Khmer/English)mey.soun@realestate.com.kh+855 77 241 285For condominium and mixed-use developers:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305For property developers and other interested exhibitors: James Whitehead (English)james.whitehead@realestate.com.kh+855 086 972 061

Cambodia is one of the up-and-coming real estate markets greatly benefitting from modern residential practices. A great number of projects make good use of decades of experience and deep understanding of new residential demands to make them a lot more appealing. But only a handful of these projects will truly last for generations.The Wealth Mansion, an icon of luxury in Chroy Changvar, that’s been making waves among property seekers. Developed by Everhealth International Investment and Development Co., Ltd, this project utilizes the latest in residential technologies and takes advantage of the natural beauty that surrounds Chroy Changvar.This project is one of the newest entries in the market; only beginning its construction in 2019. Wealth Mansion’s units offer a full range of luxury residences fit for individuals and families looking to live a life without compromises. Designers of the Wealth Mansion poured a great amount of attention into outfitting the residential units with quality furnishings and providing them with an ideal set of amenities.The residences are the heart of every development - and the Wealth Mansion knows this well. Luxury comes in many forms and Wealth Mansion presents it through a comfort immediately taking over residents upon entry. One can easily find it intuitive to navigate between each room by simply walking through each section, a point emphasized by this project’s designers as, after all, a true home is something you know like the back of your hand!Units at the Wealth Mansion are offered in 1 to 2 bedroom variants ranging from 63 sqm to 126 sqm. Plenty of floor plans are available to suit the different needs of Phnom Penh’s increasingly sophisticated property seeker.Of course, the luxury living Wealth Mansion provides doesn’t stop at the residential unit. It extends well into the amenities that complement the interests of its residents. Some examples of which are its wide-open corridors with sofas, similar to that of upscale hotels. Another is a fully-equipped fitness center made ideally suited for those seeking to stay in shape. There’s also an infinity pool on the top-most level that seems to pour through towards a magnificent view of the growing Phnom Penh skyline.Most developments in Phnom Penh would stop at its amenities at this point, but not the Wealth Mansion. This development designed and built its interior residence and amenities to take advantage of the natural features found in the area. Spectacular views of both the Mekong and Tonle Sap rivers can be enjoyed through large windows in the private and public sections of the Wealth Mansion. Its wide-open lobbies allow for the cool riverside breeze that passes through these open fields to similarly grace its halls. The infinity pool on the rooftop offers both view and breeze and packages it into an exclusive spot that’s soon to be the envy of Phnom Penh’s residence - soon to be completed in 2022.“That sounds all well and good but is this something my family can have for a long time?” is a concern most property seekers have, especially Cambodians. Wealth Mansion’s developer, Everhealth International Investment and Development Co., Ltd, made it a point that the Wealth Mansion is a form of wealth residents can pass on to their children. This property is classified as free-hold and a hard-title property is available to Cambodian buyers.

Borey Lorn City is an ideal choice for Cambodians looking for a borey incorporating the latest trends in residential development. Supplied.The Kingdom’s landed property market remains resilient 9 months after the global outbreak of COVID-19. While large and luxury apartment/condominium properties saw a slowdown in market activity, the landed property sector has been surging behind the spotlight; a growth that’s become more apparent as COVID-19 continues to stifle the high-end condominium market.3-bedroom units (GREEN) surged at the beginning of the year and gradually fell off in Q3 2020. 2-bedroom units (BLUE) saw a gradual increase throughout the year. Market Trends.Key highlights for Phnom Penh housing market:3-bedroom house median prices surged in Q1 2020 but saw a steep decline in Q3 20202-bedroom house median prices saw a gradual increase in the first half of 2020Por Sen Chey, Chbar Ampov, and Chroy Changvar offer the lowest median sale prices for landed properties in Phnom PenhMedian house prices, overall, saw prices double in a span of a year despite COVID-19Road infrastructure development (e.g. ring roads and national roads) in the surrounding areas of major population centers like Phnom Penh have contributed greatly to the appreciation of land prices and landed properties. The government has also indicated that infrastructure development will continue despite COVID-19.While more Cambodians are starting to appreciate condominium living, a large portion of the market still holds land and landed properties at a high value. This market preference pushes developers to deliver a continuous supply of boreys (especially affordable to mid-range) throughout 2020.The locations of boreys are mainly scattered across the outskirts/suburban areas of Phnom Penh. In terms of prices, the districts of Por Sen Chey, Chbar Ampov, and Chroy Changvar offer the lowest median prices. These prices, however, are bound to see an increase in the coming years as more commercial and infrastructure developments are announced.Cambodia’s landed real estate market is showing gradual recovery fueled by increasing demand from local buyers for affordable housing and landed properties. This growth will likely continue as COVID-19 cases are under control and infrastructure developments increase the residential & commercial viability of more areas around Phnom Penh.Article by:

"A dream does not become reality through magic; it takes sweat, determination, and hard work."Dara Sakor ushers in a new age of tourismOn October 8, guests from all walks of life gathered for the opening ceremony of the Dara Sakor Phnom Penh Exhibition Hall. Here, with the night young, and much excitement ahead, the chairman of the Development Group Co., Ltd, Li Tao, set the sails for the event with his event introduction.The event in the exhibition hall served as a starting point for the marvelous trip lucky participants were about to embark on. And where were they going? Where else but to Dara Sakor itself! When the time came, participants were boarded unto buses accompanied by lively music. A dedicated tour guide came along and explained the scenery of notable spots along the way. Guests were treated to a Dara Sakor special hotel as a place of residence during their stay. The hotel is perfectly located along the intersection where Dara Sakor’s beauty and charm truly be appreciated. Indeed a reward worth every wait.A night filled with lifeAs night came, the Dara Sakor area, known for its white sands and crystal clear water, treated guests with fresh seafood, tropical fruits and vegetables, unlimited drinks, and special cuisines fit for the occasion. This showcase by itself is telling of the bounty Dara Sakor offers!The bountiful harvest from Dara Sakor’s fields and seas were joined by a popular DJ setting off party music with a spectacular light show. Performances were also made, such as a graceful coconut dance performed by Cambodians. Several other acts were also queued up for the enjoyment of everyone at the party.Finally, the partying and performances were capped off by a fireworks display, making it to be a night to be remembered. A life full of adventures, flavors, and fantasies, can be made real under the bright stars of Dara Sakor.A joint project for Cambodia’s prosperityOn October 9, the guests were seated in the Dara Sakor Exhibition Hall where the opening ceremony of the project was officially held. Li Mengchen, the Chairman of Union City Development Group Cp., Ltd., spoke to open the ceremony and give his appreciation for the many guests that attended the event.Invited by Chairman Li Mengchen himself, the esteemed roster of guests included: His Excellency Miduna Putong, Governor of Guogong Province; His Excellency, Hardu, State Secretary of the Ministry of Culture and Arts; His Excellency Ba Soukon, State Secretary of the Ministry of Tourism, and Liu Jinsong, President of Youlian Development Group Co., Ltd., the guests honored graced the event by joining Chairman Li Mengchen in opening Dara Sakor.Dara Sakor opened by welcoming both major partners and ordinary guests to its grand festivities. The event’s esteemed attendance, leaders of the many key players that made Dara Sakor possible, became part of Dara Sakor’s history. At the same time, the ordinary guests, the likely drivers of Dara Sakor’s future success, saw the opportunities that lay before Dara Sakor. In the afternoon, all guests were driven back to the Dara Sakor Phnom Penh Exhibition Hall. The short but sweet event was over, the Dara Sakor’s story has only begun.Laying the foundations of success for 2021 and beyondWith a growing urban infrastructure surrounded by plentiful resources, the Koh Kong province, and consequently, the Dara Sakor project, makes the area a very attractive investment destination and a source for prosperity for many.Dara Sakor, by design, will be part of a full-dimensional transportation network by sea, land, and air. Dara Sakor expects growth in the residential and commercial interests as the urban areas were planned out to accommodate such expansions. This, in turn, will drive further wealth and business opportunities for many in Cambodia.

Make it rain commissions by joining Cambodia’s leading digital marketing platform! Realestate.com.kh, the biggest online marketplace for property in Cambodia, is currently recruiting for Sales Consultants looking to cash in on the lucrative real estate market and the emerging digital marketing space within the country - a 2-in-1 deal for the very best!Realestate.com.kh is part of Digital Classifieds Group (DGG) with offices in several markets including Australia, Cambodia, Laos, Papua New Guinea, and Fiji. We offer competitive salaries, travel opportunities, and support for our sales staff such as necessary skills & training, fast career growth opportunities, and incentives for consistent sales performance.Our Sales Consultant role will primarily involve selling digital marketing products mainly focused on marketing the company’s real estate clients. At certain times every year, the role will involve selling booths and sponsorships for consumer-focused events that have set the standard for Cambodia’s consumer expos. Sales Consultants will be reporting to a Sales Manager, who is in turn directly reporting to the CEO. Sales training will be mandatory and ongoing, giving each salesperson the tools to sell by themselves. All sales activities will be monitored on a sales CRM system. Salary depending on experience. However, those who pass probation must demonstrate sales success relative to their base salary. Aggressive commission structures for high-performance salespeople. Salespeople can make between 500$ - 10,000$ in commission monthly, on top of their base pay, depending on performance. Position based in central BKK1, Phnom Penh - staff will be provided expenses related to travel, phone, and data. Own laptop/tablet is preferred for a probation period (2 months) but can be provided if necessary. Not all applicants will pass probation, this represents a sales training academy and test for 2-month probation, and only high performing staff will move on to full-time positions. Sales is a competitive industry with high returns - so is this opportunity. Minimum requirements:- Khmer speakers + English speakers preferred.- Chinese language skills are a large benefit but not required.- Highly-motivated personality, independent achiever, and career-driven. Loves making money... - Organised, professional, and punctual.- Strong networking and interpersonal skills.- Personal car/moto for travel to meetings is also useful, but not mandatory.- Desire to learn and develop.- Ability to handle pressure, sales targets per month and strict deadlines. Relevant Experience:- Strong sales experience. - Experience in marketing, including digital marketing is useful - but not necessary. As is understanding of real estate agency and development. - Network of potential sales targets is useful. - Experience working with expatriate salespeople and sales leaders. - Ability to use sales CRMs. (mandatory)  Relevant References/Testimonials:Not required, but please supply if you have: any relevant testimonials and reports related to sales and marketing activities, and any personal references also welcome.Please send cover letter, CV, and work examples/testimonials/sales records to Mr. Nin Kang (sales leader) to his email nin.kang@realestate.com.kh and please cc  solida.som@realestate.com.kh and James.whitehead@realestate.com.kh Selected applicants will be contacted for a face-to-face interview.

Kick-start your career in tech, marketing, and sales with Cambodia’s biggest property marketing platform. Get the best work experience in these very in-demand skills by applying with us!Realestate.com.kh is currently looking to develop a select number of young and hard-working fresh graduates in the fields of marketing, sales, customer relations, and technology. The REAKH Internship Program is designed to expose you to how digital marketing platforms work, put you through the paces of a real work environment, and ultimately introduce you to the workforce equipped with everything you need to achieve the best for yourself!Realestate.com.kh is part of the Australia-based Digital Classifieds Group (DCG) with offices in several markets such as Australia, Cambodia, Laos, Papua New Guinea, and Fiji. We lead in these markets as the preferred digital marketing service provider. Our company offers competitive salaries to highly-skilled individuals who join us and even better incentives for those who deliver outstanding results.The Realestate.com.kh team is composed of both local and foreign staff, all skilled in their respective fields. Once accepted into the REAKH Internship Program, you will be working with these highly skilled individuals where you will learn the skills that make any fresh graduate a highly sought-after employee!  Part and Full-Time Opportunities. Skills you will learn and develop:Effective sales practicesCustomer relationsDigital marketing strategiesMarketing campaign planningSocial media marketingProject/Event managementWeb/App developmentSystems managementContent writingVideo productionGraphic designMinimum requirements for applicants:Bachelor degree in Marketing, Business Administration, Design, Creative Writing, and other related degreesKhmer speaker + English speaker preferredChinese speaker, not required but significant benefitStrong desire to develop and learn new skillsHighly motivated and punctualAbility to work in a team or independently as requiredMust have their own device (laptop/mobile phone)Part and Full-Time Opportunities. NO SALARY - however, incentives for performance and potential for salary after the first month of the internship is completed. Allowance for gasoline and phone as per work scope. The REAKH Internship Program seeks to produce a pool of highly skilled individuals ready to take on the demand for a highly competitive job market. Outstanding interns during the program have the chance to come onboard Realestate.com.kh and gain the benefits and prestige of working in a multinational company. And given DCG’s wide international market, some may even have the chance to travel abroad!If you’re looking for a good head start in your career, then the REAKH Internship Program is for you! Apply with us today by sending us an email,Email subject: “REAKH Internship Applicant - [YOUR NAME]” and address to,solida.som@realestate.com.khSom SolidaHR ManagerReference letters certainly help but are not required for this application.

Did you miss the Black Friday Property Sale? Or got a great deal but still want more? The Year-End Property Sale 2020, organized by Realestate.com.kh, is your chance to get another great property deal, and a whole lot more.Happening on 27-28 November at the Premier Center Sen Sok, the Year-End Property Sale 2020 will feature more than 60 exhibitors showcasing their offerings ranging from daily consumer products to big real estate developments. The Year-End Property Sale 2020 is shaping up to be the most exciting consumer expo of the year!But that’s not all! The Year-End Property Sale 2020 is the first-ever offline/physical expo complemented by an online sale - happening at the same time. Starting from November 27 to December 11, registered users will have the opportunity to reserve exclusive discounts on Cambodia’s most sought-after property developments!Year-End Property Sale 2020 Registration and Online ExpoNOTE: Only registered users can participate in the online event. Register now so you don’t miss out on great deals ahead!Massive marketing spend over $100,000, join us as an exhibitor/sponsor today!The Year-End Property Sale 2020 is expecting 10,000 people to attend the event - with more people coming in the succeeding weeks through the online expo from Nov 27 to Dec 11. This could be the marketing your business needs!The biggest consumer expo of 2020 isn’t just big because we said so. The Year-End Property Sale 2020 is spending over $100,000 in marketing through print media, radio campaigns, social media, email marketing, direct mailers, public relations, and online advertisements.Not many events in the Kingdom have the same reach Realestate.com.kh has; estimated to be in the hundreds of thousands, if not in the millions by the time the event starts on November 27. This is great news for exhibitors and sponsors who have already signed-up as they are getting the most out of this expansive marketing campaign.Prime slots for sponsors and exhibitors are starting to fill up, that’s why we’re inviting all interested exhibitors, sponsors, and other interested businesses, who want to ride this massive marketing wave, to contact us today!Key contactsFor all borey and plot land developers: Mey Soun (Khmer/English)mey.soun@realestate.com.kh+855 77 241 285For condominium and mixed-use developers:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305For property developers and other interested exhibitors: James Whitehead (English)james.whitehead@realestate.com.kh+855 086 972 061

According to Mr. Du Sangnam, Vice President of Cambodia Overseas China-Cambodia Investment Corporation (OCIC), the cable-stayed bridge connecting Diamond Island and Koh Norea Development Zone officially commenced in October 2020. The entire construction period is expected to take 32 months and cost about 50 million USD.The cable-stayed bridge is reported to be 500 meters long and 24.5 meters wide, all designed in Khmer style. In addition to connecting the two satellite cities, the cable-stayed bridge will also connect to National Highway No. 1 to ease traffic congestion.OCIC initially proposed to build 2 different projects: an underwater tunnel and a water bridge. Plans were changed, however, when it was considered that another cable bridge can stand as a testament to the developing scenery in Phnom Penh.The new bridge is expected to significantly reduce travel times to and from the Phnom Penh city center. The riverside area, consequently, might see an increase in foot traffic as the area becomes more accessible to more people in the city.Additionally, linking Diamond Island and Chbar Ampov would easily increase the residential and commercial value of both districts. The satellite city being also developed in Chbar Ampov is expected to drive a new surge in prices and investments upon completion. Vue Aston is in an enviable location as its already promising residential offerings are only made even better by the high-value infrastructure soon coming to Chbar Ampov. ——After completion, the average price of the Vue Aston will be $2380, and the down payment will be as low as 5%! The project provides charter services, with an annual rental return of 5%-9% (increasing year by year).——Full payment, mortgage, installment, and multiple payment methods are available, effectively using capital leverage to obtain maximum returns.Vue Aston, the next "Tomson Yipin"Vue Aston rises in the middle of everything any property seeker/investors look for. One side, it has luxury residences for great prices, and on the other, a gradually developing environment specifically designed for long-term residential and commercial developments; a testament to Chbar Ampov’s status as an up-and-coming district in Phnom Penh.Vue Aston sits at a waterfront scenery and certainly delivers on a residence built around it. The project pursues high-quality living and satisfies the increasingly sophisticated taste of Cambodian buyers. Vue Aston is already being touted as a choice for urban elites looking to live a luxury lifestyle outside the hustle and bustle of the city center.At the convergence of riches and riversVue Aston’s location was carefully selected by the Peninsula Capital to offer magnificent views of the majestic Tonle Bassac and Mekong Rivers. Such a waterfront landscape, complemented by massive infrastructure developments, makes it a prime property that’s only going to see continued appreciation as time goes by. Vue Aston offers a magnificent feeling in more ways than one.Vue Aston’s comforts don’t simply stop within Phom Penh. In a recent agreement by Cambodian and Vietnamese transport authorities, the involved agencies will be facilitating the building of a joint highway project called, “Hi Chi Minh City-Phnom Penh Highway”. Once the project is completed, it is expected that it will only take Vue Aston residents a mere 2 hours to get to Ho Chi Minh!If the Vue Aston’s surrounding developments and prime amenities aren’t enough to convince you of its residential value, then this massive undertaking between two countries will!A masterpiece of modern luxury livingAston Vue Aston has a total construction area of ​​about 5358.4 square meters and a total of 38 floors. It is a modern Phnom Penh landmark building that integrates apartments, hotels, and buildings. Created jointly by the US HKS Architects and Gold Mantis Decoration Design Company of Shengzhen International, it is an unprecedented and outstanding classic in Phnom Penh.From stepping into the lobby to the deepest corner of the home, Vue Aston Apartment is meticulously crafted in every detail, creating a familiar and warm "home" for you.The 3~6 floors of the project are classic hotel apartments, the 7~32 floors are wide-view suites, and the 35~38 floors are luxury collection apartments. The entire building facade adopts a simple style with a modern and fashionable atmosphere.In terms of landscape design, Vue Aston takes the flowing curve generated by the encounter between the Mekong River and the surrounding trees as the main design element and uses modern techniques throughout the project to achieve a five-dimensional landscape effect. This design element produces endless changes and possibilities as Chbar Ampov improves.Made for Phnom Penh’s luxury seekersEntrances play a big role in distinguishing the kind of life residential projects want to provide. Vue Aston put a great deal of thought into the two ways residents get in and out of their home: the lobby and the car entrances. The lobby is filled with green grass, flowing water features, and marvelous finishes that embrace residents with a feeling of home. Those driving home can immediately feel secure that their car is safe overnight.The lobby area of ​​the apartment is about 200 square meters with a ceiling height of 7.8 meters; it includes the lobby meeting area, reception area, and 24-hour front desk; the design adopts marble floor, real silk hard-covered wall, stainless steel mirror ceiling, and presents the unique blend of Eastern and Western architectural influences. Next to the entrance of the apartment, there is a 24-hour convenience store that provides services to residents.Unparalleled sky gardenIn the pursuit of unparalleled comforts, Vue Aston pays a lot of attention to bringing immersive comfort to the residents and infusing the texture and depth of life into the details of the entire project. The sky garden on the 33rd floor has a net area of ​​about 500 square meters and is planted with a variety of tropical plants. This area allows you to stroll with the beautiful sky garden and feel the tenderness of nature.The extraordinary Sky BarFrom a height of 100 meters, you can admire the sunset and brilliant night view of Phnom Penh. Enjoy dinner and even help yourself at the best sky bar in the city, overlooking the night view of the city. In the clouds, breathing the fresh air hundreds of meters high, let time slow down, let life unwind, all the high-rise buildings are at your feet, all the crowds and noise are isolated. Every moment is enjoyed at the Vue Aston.Private marina, the beginnings of exquisite livingThe advantage of Vue Aston is centered on an exquisite lifestyle made possible by an exclusive restaurant, gym, private cinema, coffee shop, sauna, SPA, etc., so you can enjoy the convenience without leaving home.It’s worth mentioning that Vue Aston is also the first residential project in Phnom Penh with a private yacht marina and an exclusive water bus. The riverside area is an open terrace green space with an area of ​​about 1,500 square meters. It is a paradise for exclusive events and various private activities.The project adheres to the design concept of the infinity pool in the Sky Garden of Singapore Sands Hotel and provides the owner with an infinity pool. Not only can you take in the view of Phnom Penh from the highest point, but you can also have thrilling day-to-day at your fingertips. Vue Aston’s panoramic view of Phnom Penh brings incomparable comfort and comfort to people's hearts and redefines the concept of luxury living.A residential investment for generationsVue Aston is a multi-generation international hotel apartment. Every household is equipped with a balcony with a view of the excellent Phnom Penh landscape. The project has a compact design, reasonable functional layout, complete living and reception areas, kitchen, bathroom, and balcony. Every unit meets the diverse residential and even creative needs of owners.At present, there are 4 main types of units. Most units are equipped with panoramic floor-to-ceiling glass windows so that the river view of Mekong and Tonle Bassac River and the prosperous view of Phnom Penh’s CBD can be enjoyed with a wide and relaxing vista.The Vue Aston is a top luxury mansion that stands as a testament to Phnom Penh’s prosperity as it is surrounded by the city's growing number of conveniences and accompanied by a host of upper-class life luxuries.

While Cambodia has done relatively well in containing its COVID-19 infections, the threat of the disease remains to be an obstacle to the Kingdom’s return to pre-outbreak economic form. Cambodia’s real estate sector, one of the key drivers for its growth in the past decade, is still undergoing a slump due to continuing travel restrictions and reluctance of the usual international clientele to go through mandatory quarantines on both ends of the flight.Key highlights of condo/apartment prices in Cambodia:3-bedroom apartments slide by 32% compared to January 2020 prices2-bedroom apartments underwent no significant price disruptions in the months following the outbreakThe median price difference of 2-bedroom units and 3-bedroom units now down to 26% compared to 75% median price difference in January 2020      Cambodia’s real estate sector saw massive developments, particularly in the high-end of the market, mainly fueled by foreign demand. But as it became increasingly clear that COVID-19 was going to affect international travel, real estate analysts braced the industry for major disruptions in the market.January 2020 prices of 3-bedroom units kicked off at a median of $324,000. The price median remained largely unchanged until a steep drop off in the month of April and another drop off in May. As of September 2020, the median price for these units has dropped to $212,500. The market correction appears to be stabilizing at this price point for this particular property type.Additionally, this may be a good time for families who are interested in buying larger units to consider buying a 3-bedroom instead of a 2-bedroom as the price difference is now only 26% compared to the price difference of 75% back in January 2020.On the other hand, 2-bedroom and 1-bedroom units remained mostly stable with slight adjustments on the latter. These more affordable apartments have been seeing an increase in interest and are expected to see the most interest given the absence of the usual luxury foreign market and the resulting emphasis on delivering for the local market.The slowdown in the Cambodian property market presents a good opportunity for local buyers or even foreign investors to buy at a significantly lower price. It may still be some time before the market bounces back. But as median prices stand, the usual luxury tier units may be in reach of more mid-high class Cambodians to purchase.Article by:

A rare B-level office building in Phnom PenhAt present, the office supply market in Phnom Penh is dominated by Grade C office buildings, accounting for about 51% of the total supply, while Grade B office buildings and Grade A office buildings account for 35% and 14%, respectively. AMASS Business Center is a rare modern B-level shared office building in the center of Phnom Penh.The AMASS business centre has a total of 25 floors, all able to provide various needs of today’s office workers; there are also 50 office units available that can provide office services for at least 50 companies. Of these floors, 24 floors are provided for office space, among which (25th floor) is a modern sky bar, which can enjoy the international office.Phnom Penh BKK1 DistrictLocated in a gathering place for business peopleAMASS Business Center sits in the most prosperous and prosperous area of ​​Phnom Penh, the center of the BKK1 area (also known as the embassy area), where wealthy foreigners and business people spend most of the week. Relatively speaking, it is the area with the best commercial foot traffic due to the presence of many conveniences and is known for the good amount of security felt in the area.AMASS is surrounded by four main urban roads where there are hotels, cafes, bars, banks, and supermarkets. Its strategic location provides for convenient transportation, and many comfortable, high-end residential and business office projects can be found well within the vicinity.Comfortable and efficient international office environmentGetting to and from work every day will take a toll on anyone at some point. AMASS’s office design and location both create a comfortable environment where modern-day workers can easily be inspired to spur creativity and cultivate good communication and collaboration between one another.The AMASS business center is equipped with central air-conditioning, floor-mounted sockets, high-efficiency sound insulation panels, and security systems such as access control, fire alarm, automatic fire extinguishing, and visual monitoring. Its high-quality property services make it very suitable for enterprises who require all the basics covered, and more, of modern working environments.The open office space and the full floor-to-ceiling window design greatly maximize the light coming into the room. A cup of fragrant coffee during work breaks would do well here as the bright space is complemented by a spectacular vista of Phnom Penh’s skyline; a panoramic view of the city and your vitality recovers in a moment. Elevator parking lotEasy parking and easy commutingThe AMASS business center is equipped with a vertical automatic elevator parking system. Drivers need only to turn the car towards the entrance and exit, and the car lift platform will automatically lift and transport the car to the empty parking space, reducing the need for drivers to spend time parking themselves. Diverse apartment typesCan meet different office needs Type A Office Space45.20-93.29 square meters$18/sqmThe A-type office space covers an area of ​​45.20-93.29 square meters, suitable for start-up enterprises to settle in, located on the 1st floor. The office space provides air-conditioning, fire alarm, automatic fire extinguishing, safe plug-in, efficient compartment floor, public pantry, public refrigerator, and other devices, and the rent is only $18/square meter. Type B office space111.40-184.28 square meters$18/sqmThe C-type office space covers an area of ​​168.20-185.83 sqm, located on 18F-24F. Business people who settled in the enterprise can communicate with the neighboring office and can take a rest in the public tea room whenever the going gets tough. Type D Office Space282.54 square meters~355 square meters$18/sqmType D is an additional floor and a full-floor office. The area ranges from 282.5sqm to 355sqm, located on MF and any floor, for customers to choose from. A large area of the ​​office can provide enterprises with spacious, comfortable, and clean office space.

Siem Reap is a popular tourist destination known for its surrounding eco-tourism hotspots and, of course, the world-famous Angkor Wat temples. Over the past few years, the city has been seeing a transition from a primarily tourist-oriented destination to becoming a residential and commercial hub. After all, the city does have over a million residents, complemented by hundreds of thousands, if not millions of people every year!Mixed-use developments, in particular, have taken a keen interest in how dynamic the market has become for Siem Reap. And spearheading the many developments coming is the Rose Apple Square.The Rose Apple Square is a mixed-use project located in the heart of Siem Reap. The project is built around the idea of a modern town square that serves as a vibrant community center inviting people to linger, lounger, interact, and connect. From this center extends the different facets that make the Rose Apple Square the quintessential example of a modern-day town center:Rose Apple ForumThe Rose Apple Square supports its residents by providing Siem Reap’s first full-facility co-working spaces and small offices outfitted with meeting rooms and multi-purpose rooms ideal for events. These are complemented by a 150-person auditorium, 3 lecture halls, and breakout rooms - ideal for seminars, performances, and conferences.Rose Apple CommuneThe Rose Apple Commune is a collection of 40 co-living units, each with a private bathroom and balcony, and 200 sqm of lounge space with a fully-equipped communal kitchen. The Commune is a perfect residence for nomads/researchers/startup entrepreneurs who can hope over to a cafe or Forum co-working space for a productive time.Rose Apple OfficesSiem Reap first strata-titled office space in an inspiring ecosystem where businesses can turn to Forum for short-term space overflow, seminar, and conference facilities in conjunction with the Commune to house visiting staff from Phnom Penh or abroad.Rose Apple ResidencesThe Rose Apple Residences comes with a gym, pool, yoga deck, and dance studio, on top of all the facilities and activities that the Forum offers. The Residences provide an enriching living experience that awaits professionals and travelers between Phnom Penh and Siem Reap.Rose Apple Square is a great example of Siem Reap’s development into a modern city accommodating multiple lifestyles. And given all that it has to offer, it won’t be entirely surprising if the Rose Apple Square becomes the city’s next landmark development once handed over in 2022.

Cambodia Real Estate’s first-ever offline-to-online eventRealestate.com.kh is excited to announce the sixth iteration of its hugely successful event series. The company expects to push the local property sector to new heights with the latest show - The End Of Year Property Sale 2020!Taking place in Sen Sok, just across the road from Aeon 2 at The Premier Center on November 27th and 28th, the event will house Cambodia’s leading Borey, Condo, and Mixed-use developers as well as the country's best agencies, banks, lawyers, and other real estate-related businesses.Property seekers, first-time home buyers, and investors will be able to secure some of the best deals in real estate and speak to the leading banks and lending professionals to help those buyers to secure their dream home. During the two days, interested buyers will also be able to attend the country’s leading property seminars all of which will be streamed live to a local & global audience which will be viewed by thousands of people around the world. Attend & Exhibit OnlineEarlier this year, Realestate.com.kh ran Cambodia’s first-ever online property sales event and successfully facilitated over $15 Million dollars worth of property sales in just 4 hours! In light of the current global pandemic, Realestate.com.kh has decided to combine the offline event with an online component where international property seekers will also get to access the best deals in Cambodian real estate, reserve property online, as well as virtually attend the seminars during the 2-day event. Over $115 million and counting at Realestate.com.kh’s eventsThe End of Year Property Sale 2020 follows as the latest in Realestate.com.kh’s series of groundbreaking shows. Exhibitors sold nearly $100 million worth of property throughout the last four expos and over $115 million including the Black Friday Property Sale held last June. All in all, over 35,000 people have attended past Realestate.com.kh expos. Cambodia’s leading property portal expects its next event to continue this growing trend; Realestate.com.kh anticipates over 50 exhibitors will join this year’s event. These will be the most prominent names in Cambodian real estate, across the ASEAN region, and all over the world. The company expects attendance to be well over 10,000 people to the offline-online event.An exclusive portfolio of quality exhibitors and sponsorsWhile Realestate.com.kh's events usually allow for over 100 exhibitors, this year's event will be limited to a select list of exhibitors and sponsors offering the best deals and updates on the marketIn addition, Realestate.com.kh is forecasting the seminars to be more popular than ever before as property seekers and investors are eager to understand recent changes in property law, government policies, the current state of the market, and where the best opportunities are right now in Cambodian property. So, while it was tempting to dedicate the whole venue to exhibitor and booth space, Realestate.com.kh has allocated up to a quarter of the venue for these seminars If you’re interested in a booth space call or sponsoring this event make sure you get in quick as spots will not last long! Key contactsFor all borey and plot land developers: Sumey Soun (Khmer/English)mey.soun@realestate.com.kh+855 77 241 285For condominium and mix use developers: Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305For property developers and other interested exhibitors: James Whitehead (English)james.whitehead@realestate.com.kh+855 086 972 061

Phnom Penh's growing skyline is courtesy of the dozens of new residential and commercial projects launching every year. Supplied.The rental market in Cambodia is a prime contributor to the surge of the Kingdom’s real estate market. Not only does it attract expatriate renters, but also accommodates the increasing number of Cambodians from the countryside looking for a place to live in cities like Phnom Penh.Key Highlights for Phnom Penh rental market:3-bedroom apartment rental median price increase to $2,0001-bedroom apartment rental median price slid down to $620Sen Sok and Por Sen Chey districts offer the lowest median rental pricesPrice trend by bedroom for a rental property in Phnom PenhBased on Cambodia Real Estate Market Trends, the median price for 3-bedroom apartments saw a rise of 5% from $1,900 to $2,000 a month. On the other end of the market, 1-bedroom units saw a slight decrease in the median price from $650 to $620. 2-bedroom apartments remained steady at a median of $950.As these are median values, interested renters can still avail of more suitable prices by simply searching for properties for rent in Cambodia.It’s worth noting that COVID-19 cases have not risen for quite some time in the Kingdom. As of September 10, 2020, total recorded cases were 274 with no active cases; giving Cambodia a week without any newly recorded cases. Cambodia’s control over its COVID-19 situation may have also influenced the government’s decision to relax the entry requirements to encourage tourists to visit and revive the country’s tourist industry.Median Rental Price of apartments/condominiums per locationChbar Ampov tops the list of median rental prices as the area is only starting to see developments, primarily from high-end projects. Por Sen Chey and Sen Sok are also seeing new attention from developers but have a wider portfolio of new projects. As of August 2020, Por Sen Chey and Sen Sok are ideal places for those looking to rent in Phnom Penh.Sen Sok is a northern district offering plenty of city conveniences as it is close to the highly-urban area of Toul Kork. The district is also home to AEON Mall 2, Phnom Penh’s biggest shopping mall yet. The district’s open and wide space give the area a great potential for future residential and commercial development.Por Sen Chey is Phnom Penh’s western district where the Phnom Penh International Airport is and, as of recent year, been a hub of boreys. As central Phnom Penh’s property prices soared, more Cambodians have started living in the suburban areas of the capital; Por Sen Chey is one of the choice areas for suburban/borey living. But as Phnom Penh’s outward expansion continues, apartment/condominium developers have started looking to districts like Por Sen Chey for new development opportunities.Article by:

Phnom Penh’s amazing rate of expansion attracted many luxury developers from all over the world. The race for space resulted in break-neck speeds of outward expansion - a phenomenon that discovered many of  Phnom Penh’s promising areas of development.Chroy Changvar is one such area that has gained a new lease on life - a luxury life. Its once forgotten status has now been changed to that of a promising residential and commercial destination that’s continuously attracting all the right attention to it.Wealth Mansion, a luxury residential project in Chroy Changvar, is leading the pack of new developments popping up in the area. It stands out from the competition as its designers allotted a great deal of attention to every residential aspect. The project’s designer, Rixing Designs, utilizes well-preserved internal ecology to provide a pleasant ambiance perfectly complementing the unique elements of Chroy Changvar within Wealth Mansion.Wealth Mansion further achieves this by making good use of natural ventilation and lighting with layouts consisting of a verdant facade, water features, central gardens on each floor, and open corridors. The Wealth Mansion is a comfortable dwelling on minimum energy consumption, thanks to the application of new interior design philosophies based on ecological preservation.The Wealth Mansion's smart floor plan enables every resident to have unique life experience for its practical layout, aesthetic design, and smart functions. And these can be seen throughout their portfolio of 1-bedroom and 2-bedroom apartments.Their 1-bedroom apartments measure up to 66.55 sqm and are offered in multiple floorplans, making it ideal for young professionals, couples, and even small families to start a life in Phnom Penh. Units also include a balcony allowing residents to enjoy the natural breeze Chroy Changvar is famous for.The design of the 2-bedroom apartment focuses on providing a more appropriate family living atmosphere here with spacious living up to 128.13 sqm. These apartments have bedrooms, kitchens, and balconies. Mostly, a master bedroom comes with an en-suite bathroom. These units were made for families looking to live in Phnom Penh’s up-and-coming district.Of course, the luxury offered by the Wealth Mansion does not stop with its residential units. Amenities play a big role in completing a sense of true luxury living. The Wealth Mansion offers plentiful experiences covering a comprehensive range of many luxuries and opulence. First, a comfortable lounge room is located in the lobby for residents to take a relaxing afternoon in. A 400sqm swimming pool is also available along with a 1,000sqm swimming pool. Pool activities are complemented by a stylish spa centre, restaurant/cafe, and a conference room/multi-function hall, and many more conveniences right within the Wealth Mansion.The Wealth Mansion started its construction in June 2019 and is set to finish sometime in 2022. Off-plan purchases are often where the best deals are made, and Wealth Mansion is giving all potential buyers and investors the opportunity to avail of these today!

Meridian International Holding (Cambodia) Ltd. – winner of the Best Developer award at the PropertyGuru Cambodia Property Awards 2020. Photo courtesy of Property Guru.MERIDIAN INTERNATIONAL HOLDING (CAMBODIA) EMERGES AS TOP WINNER AT THE COUNTRY’S BIGGEST NIGHT FOR REAL ESTATEMore than 30 golden trophies were presented to outstanding companies and projects across the nationAlmost a dozen companies clinch new honours, including new Developer categories and prizes for projects in Greater Phnom Penh and Siem ReapSafety protocols observed at the Sofitel Phnom Penh Phokeethra gala PHNOM PENH, Cambodia – 4 September 2020 The brightest luminaries in the country’s property sector converged at the Sofitel Phnom Penh Phokeethra in Phnom Penh for the 5th Annual PropertyGuru Cambodia Property Awards, presented by Hitachi Elevators & Escalators, on Friday, 4 September.More than 30 trophies and nearly 25 Highly Commended distinctions were presented to almost a dozen companies, representing the best of the best development firms and projects in the nation.With eight wins, Meridian International Holding (Cambodia) Ltd. emerged as the gala night’s biggest victor. The company was named Best Developer and Best Mixed Use Developer for outstanding work on its Flatiron project, which won four trophies including Best Serviced Apartment Development and Best Mixed Use Architectural Design.      Another big winner was Urban Hub (Cambodia) Co., Ltd., which triumphed in the new category of Best Breakthrough Developer. It also scored two of the night’s major development prizes – Best Condo Development (Cambodia) and Best Condo Development (Phnom Penh) for Urban Village and Factory Phnom Penh.        Four-time Best Developer award winner Peng Huoth Group bested four companies to take home the new award of Best Lifestyle Developer. Its massive township project, Star Platinum Eco Collection Phase I, claimed the coveted prize of Best Housing Development (Cambodia).                Earning Highly Commended honours for Best Breakthrough Developer and Best Lifestyle Developer, Morganford Investment (Cambodia) Co., Ltd. won three awards for its office development, Morgan Tower, and another for its condo project, Morgan EnMaison.Other areas besides central Phnom Penh were well represented in this year’s edition of the prestigious industry awards. The Bakong Village and Rose Apple Square projects clinched the new awards of Best Township Development (Siem Reap) and Best Residential Development (Siem Reap), respectively. Another new prize, Best Condo Development (Greater Phnom Penh), went to La Vista One by Yin Yi Venture Co., Ltd.             Hok Kang, Founder and Managing Director of Urbanland Asia Investment Co., Ltd, winner of the esteemed 2020 Cambodia Real Estate Personality of the Year. Photo courtesy of Property Guru.This year’s Cambodia Real Estate Personality of the Year title was presented to Hok Kang, founder of Urbanland Investment Co., Ltd and Hok Kang Architects. The only award not selected by the judges but by the editors of PropertyGuru Property Report, the recipient was chosen for his exemplary developments that have elevated building quality and design standards in Cambodia. His eclectic portfolio of projects focused on providing “spaces that arecommitted to the Kingdom, its people, and its future,” from affordable homes that enable suburbanites to live a more dignified lifestyle to a luxury hotel that promotes environmental consciousness.Safety protocols were implemented onsite during the preparations and on the day of the gala dinner. These included vigilant temperature checks on guests and staff; distribution of masks for all hotel staff associated with the event; and easy access to hand sanitisation upon registration. Table capacity was also limited inside the ballroom to maintain safe social distancing.Hari V. Krishnan, Chief Executive Officer & Managing Director of PropertyGuru Group, said: “We are optimistic that the winners and Highly Commended recipients of the PropertyGuru Cambodia Property Awards will lead the way in helping property seekers find better, wider options in homes and other kinds of real estate across the kingdom. These outstanding projects truly testify to the endurance and resilience that the builders of the country's skylines exemplify in these extraordinary times.”Opening speech from Sorn Seap, Chairperson of our independent judging panel and Founder/Director of Key Real Estate Co.,Ltd. Photo courtesy of Property Guru.The judging panel comprised Awards chairperson Sorn Seap, Founder/Director, Key Real Estate Co., Ltd.; David Littlejohn, Sales and Marketing Manager, Comin Khmere; Jenny Chea Sok You, Architect & Managing Director, CMED Construction; Jovany Antonio, Director/Founder, CMS Property Management; Michel Cassagnes, Managing Director, Archetype Cambodia; Pak Chanlino, Managing Partner and Attorney-At-Law, Vinaya Law Firm; Simon Griffiths, Managing Director, The Mall Company; Dr. Simon Vancliff, CEO, WB Sport Village Co., Ltd.; and Thida Ann, Managing Director, CBRE Cambodia.An Sothea, Director of Audit at BDO Cambodia, and official supervisor of the PropertyGuru Cambodia Property Awards programme. Photo courtesy of Property Guru.BDO Cambodia oversaw and upheld the rigorous, ethical, fair, transparent judging process, under the supervision of Lim Seng Siew, Partner; Va Dalis, Assistant Manager; and Phan Darasy, Senior Associate.The 5th PropertyGuru Cambodia Property Awards 2020 was supported by platinum sponsor Hitachi Elevators & Escalators; gold sponsor CBRE Cambodia; silver sponsors Jotun and CAM Business Consultancy; official magazine PropertyGuru Property Report; media partners BizKhmer, Construction & Property, Siemreap.net, and Southeast Asia Globe; official PR partner Two Way PR; official charity partner Right To Play; and official supervisor BDO.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.FULL LIST OF WINNERS & HIGHLY COMMENDED AWARDEES5th PropertyGuru Cambodia Property Awards 2020DEVELOPER AWARDSBest Developer             WINNER: Meridian International Holding (Cambodia) Ltd.  8 Best Breakthrough Developer                            WINNER: Urban Hub (Cambodia) Co., Ltd. 4HIGHLY COMMENDED: Morganford Investment (Cambodia) Co., Ltd.                               Best Lifestyle Developer                           WINNER: Peng Huoth GroupHIGHLY COMMENDED: Meridian International Holding (Cambodia) Ltd.HIGHLY COMMENDED: Morganford Investment (Cambodia) Co., Ltd.   HIGHLY COMMENDED: The Leedonheights Condominium Co., Ltd.HIGHLY COMMENDED: Urban Hub (Cambodia) Co., Ltd.                                                            Best Mixed-Use Developer                        WINNER: Meridian International Holding (Cambodia) Ltd. HIGHLY COMMENDED: Parbury Investments Co., Ltd. DEVELOPMENT AWARDS Best Condo Development (Phnom Penh)                    WINNER: Urban Village and Factory Phnom Penh by Urban Hub (Cambodia) Co., LtdHIGHLY COMMENDED: Morgan EnMaison by Morganford Investment (Cambodia) Co., Ltd. Best Condo Development (Greater Phnom Penh)                          WINNER: La Vista One by Yin Yi Venture Co., Ltd.                     HIGHLY COMMENDED: Leedon Heights by The Leedonheights Condominium Co., Ltd.         Best Housing Development (Phnom Penh)                          WINNER: Star Platinum Eco Collection Phase I by Peng Huoth Group    Best Residential Development (Siem Reap)                          WINNER: Rose Apple Square by Urban Living Solutions Co., Ltd. Best Township Development (Phnom Penh)                        WINNER: Star Platinum Eco Collection Phase I by Peng Huoth Group                   Best Township Development (Siem Reap)                          WINNER: Bakong Village by Bakong Village Co., Ltd.         Best Mixed-Use Development                   WINNER: TK Central by Parbury Investments Co., Ltd.     HIGHLY COMMENDED: Bakong Village by Bakong Village Co., Ltd.       HIGHLY COMMENDED: Flatiron by Meridian International Holding (Cambodia) Ltd.   HIGHLY COMMENDED: Morgan EnMaison by Morganford Investment (Cambodia) Co., Ltd.HIGHLY COMMENDED: Rose Apple Square by Urban Living Solutions Co., Ltd. Best Office Development                          WINNER: Morgan Tower by Morganford Investment (Cambodia) Co., Ltd.      HIGHLY COMMENDED: Amass Central Tower by GL KO     HIGHLY COMMENDED: Flatiron by Meridian International Holding (Cambodia) Ltd.   HIGHLY COMMENDED: Urban Village and Factory Phnom Penh by Urban Hub (Cambodia) Co., Ltd. Best Serviced Apartment Development                       WINNER: Flatiron by Meridian International Holding (Cambodia) Ltd.HIGHLY COMMENDED: Le Condé BKK1 by Wang Fu Guo Ji Property Development Co., Ltd.                            Best Co-Working Space                            WINNER: Urban Village and Factory Phnom Penh by Urban Hub (Cambodia) Co., Ltd.                             DESIGN AWARDS Best Condo Architectural Design    WINNER: Morgan EnMaison by Morganford Investment (Cambodia) Co., Ltd. Best Housing Architectural Design                    WINNER: Bakong Village by Bakong Village Co., Ltd.        HIGHLY COMMENDED: Star Platinum Eco Collection Phase I by Peng Huoth Group    Best Mixed-Use Architectural Design                          WINNER: Flatiron by Meridian International Holding (Cambodia) Ltd.                                    Best Office Architectural Design                        WINNER: Morgan Tower by Morganford Investment (Cambodia) Co., Ltd.HIGHLY COMMENDED: Urban Village and Factory Phnom Penh by Urban Hub (Cambodia) Co., Ltd.    Best Retail Architectural Design                        WINNER: PH Eco Mall by Peng Huoth Group                            Best Serviced Apartment Architectural Design                    WINNER: Flatiron by Meridian International Holding (Cambodia) Ltd.HIGHLY COMMENDED: Le Condé BKK1 by Wang Fu Guo Ji Property Development Co., Ltd.HIGHLY COMMENDED: TK Central by Parbury Investments Co., Ltd.     Best Mixed-Use Interior Design                         WINNER: Flatiron by Meridian International Holding (Cambodia) Ltd.                                         Best Office Interior Design                       WINNER: Morgan Tower by Morganford Investment (Cambodia) Co., Ltd. Best Serviced Apartment Interior Design                   WINNER: Le Condé BKK1 by Wang Fu Guo Ji Property Development Co., Ltd.HIGHLY COMMENDED: Flatiron by Meridian International Holding (Cambodia) Ltd.                                        Best Condo Landscape Architectural Design                        WINNER: Leedon Heights by The Leedonheights Condominium Co., Ltd.HIGHLY COMMENDED: La Vista One by Yin Yi Venture Co., Ltd.                      Best Housing Landscape Architectural Design                     WINNER: Star Mera Garden by Peng Huoth Group   Best Commercial Landscape Architectural Design                        WINNER: Rose Apple Square by Urban Living Solutions Co., Ltd.HIGHLY COMMENDED: Flatiron by Meridian International Holding (Cambodia) Ltd.HIGHLY COMMENDED: Morgan EnMaison by Morganford Investment (Cambodia) Co., Ltd. BEST OF CAMBODIA AWARDS Best Condo Development (Cambodia)                        WINNER: Urban Village and Factory Phnom Penh by Urban Hub (Cambodia) Co., Ltd.                                    Best Housing Development (Cambodia)                     WINNER: Star Platinum Eco Collection Phase I by Peng Huoth Group                     SPECIAL AWARDS Special Recognition for ESG            WINNER: Peng Huoth Group                                 Special Recognition for CSR                     WINNER: Meridian International Holding (Cambodia) Ltd. WINNER: Peng Huoth Group      Special Recognition in Sustainable Design                           WINNER: Meridian International Holding (Cambodia) Ltd.  PUBLISHER’S CHOICECambodia Real Estate Personality of the Year  WINNER: Hok Kang, Founder and Managing Director of Urbanland Investment Co., Ltd, Founder of Hok Kang Architects The awards winners of the 5th PropertyGuru Cambodia Property Awards 2020. Photo courtesy of Property Guru.ABOUT PROPERTYGURU ASIA PROPERTY AWARDS:PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of industry excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, fair, and transparent.  In 2020, the Awards series is open to 15 property markets around the region, presented in a mix of virtual galas, which is open to the consumers and real estate agents, and exclusive gala dinners hosting up to 500 senior industry leaders to recognise excellence within each Asian market, each local awards culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place alongside the PropertyGuru Asia Real Estate Summit in Bangkok in December 2020.

Siem Reap’s infrastructure projects are designed to expand the portfolio of industries operating in the province. Supplied.September 4, 2020 - Prime Minister Hun Sen approved a $150 million budget to develop a 38-road infrastructure in the tourist hotspot of Siem Reap.“Although our country still faces Covid-19 cases, it has not affected the development of the country,” said the Prime Minister.Siem Reap is known to be Cambodia’s primary tourist destination esteemed for its Angkor Wat temples and the surrounding eco-tourism hotspots. Aside from being a tourist destination, the Siem Reap province is also the 2nd largest population center in the Kingdom; home to over 1 million residents according to the General Population Census 2019.The Siem Reap province also serves as an important economic corridor linking the Battambang province to the rest of the Kingdom. The Ministry of Public Works and Transport (MWPT) is currently overseeing a number of road rehabilitation projects in Siem Reap city’s ring road.The 38-road infrastructure project has been in the pipeline of the Ministry of Public Works and Transports for quite some time. Last June 2020, the MPWT prioritized the development of the road infrastructure masterplan during its major planning session.“Now is the time to study the master plan for the redevelopment of Siem Reap’s road infrastructure, as we did for other tourist hotspots like Sihanoukville. This is to promote the national image through international tourists,” said HE Sun Chanthol, Minister for Public Works and Transport.“Once completed, this infrastructure project will highly ease people’s livelihoods and boost national economic growth once the COVID-19 crisis passes,” said Prime Minister Hun Sen when he approved the infrastructure project.Article by:

Cambodia’s real estate market is starting to see the first signs of recovery months after the outbreak of COVID-19. In recent months, limited international flights started bringing tourists back, the vital Chinese expatriate market is returning, and local businesses have started resuming normal operations following new health guidelines.The severity of COVID-19’s economic effects are yet to be fully understood, but it can be observed that global markets, including real estate, will not be the same. Given the uncertainty, experts have been looking into what the real estate market will look like in the future."Developers and designers are going to be looking at the impact of this period over the longer term, that is driven by the fact that the virus has highlighted a lack of resiliency in many real estate sectors worldwide – we see this is particularly true in the retail and hospitality sectors, and as such the type of real estate we see designed and delivered in the future is likely to be different," said James Hodge, Senior Director of CBRE Cambodia.Cambodia’s real estate sector, particularly on the high-end and mid-end of the condominium market has seen downward movements in terms of the average sale price. According to CBRE’s Q2 2020 market report, high-end condominium sale prices slid by 4.6% while the mid-range slumped by 4.0%. On the other hand, affordable condominiums saw no significant movement since January 2020.“I believe affordable condominiums will see new interest after COVID-19” said Moek Chenda, the founder of Realestate.com.kh. “More Cambodians are starting to realize the value of condominiums whether it’s for residential or investment purposes. And given the travel difficulties many foreign investors face, Cambodia’s local market has been highlighted in importance over the past few months” he explained.James Hodge agrees that affordable condominiums will likely lead the pack, saying “I would suggest that some sectors will recover more quickly, with landed residential and affordable condominiums likely to lead the way, followed by the rest of the condominium market and the office market.”He cites that retail and hospitality real estate would be the slowest to recover as they are dependent on the continuation of travel restrictions and the overall impact on domestic consumer spending - something which remains unclear at the current time.Article by: