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Real Estate Expo 2022 Developers Offer Properties from as Low as $16,990
Real Estate Expo 2022 Developers Offer Properties from as Low as $16,990
June 21, 2022, 9:15 a.m.
Events & Announcements
Realestate News
The Real Estate EXPO 2022, organized by Realestate.com.kh is bringing together developers from across Cambodia and around the world. Cambodia’s property market is bouncing back and we’re giving attendees the chance to check out the latest developments in the up-and-coming places from all over the Kingdom - only at the Real Estate EXPO 2022!Regional Developers Showcase DevelopmentsDevelopers from around Cambodia are coming to Phnom Penh for the Real Estate EXPO 2022 to deliver exclusive deals and sneak peeks into what’s coming all around the Kingdom.KH Land, one of the most established local names in Cambodia’s real estate, is already making waves with its new project in Kampong Speu reportedly going to be offered at only $16,990 per unit. But KH Land isn’t the only regional developer giving EXPO attendees great deals!Other developers and regional developments also joining are Borey Cheyoudom (Kampong Speu), Golf Harmony and Oasis Harmony (Kampot), Borey Lorn City Lotussea (Sihanoukville), Platinum Coast (Sihanoukville), Star Bay (Sihanoukville), Coastal City (Koh Kong), Angkor Grace Residence & Wellness Resort (Siem Reap).Developers will have representatives to showcase their projects at the Premier Centre Sen Sok from July 2 to 3, from 9:00AM until 06:00PM. Attendees will have the chance to directly speak and ask questions to developers, get exclusive discounts and prizes, as well as make a comparison and select their favorite project during the event!Find Your Dream Home At The EXPO 2022Realestate.com.kh brought back the Real Estate EXPO 2022 to help Cambodian property buyers connect with the best property developers in the country. This year, the country’s real estate market is set to bounce back and the EXPO 2022 is an avenue where property buyers can get the best deals on the best homes in Cambodia today.Register now for the opportunity to find your dream home this July 2-3 at the Premier Centre Sen Sok!Register for the Expo 2022
Melbourne-based LOUISE Offers Exclusive Prelaunch Look At EXPO 2022
Melbourne-based LOUISE Offers Exclusive Prelaunch Look At EXPO 2022
June 13, 2022, 10:13 a.m.
Realestate News
Events & Announcements
We’re less than a month away from the EXPO 2022 and the excitement is already building up! News of Cambodia’s biggest property show is attracting not just foreign investors but also foreign investment opportunities for the keenest Khmer investors.Part of the many properties to be showcased during the EXPO 2022 this coming July is an Australian property based in Melbourne: LOUISE.LOUISE, Everything You Want, and MoreLOUISE is a new and upcoming residential property in Melbourne, Australia. Located close to Melbourne’s CBD, LOUISE presents an ideal opportunity for investors looking for opportunities abroad, and in Australia, no less!Located a stone's throw away from the Alfred Hospital, one of the best in Australia10 minutes away from the top universities in Australia including Melbourne Uni & RMITOnly 2 kilometers from Melbourne’s Central Business District (CBD)Built by a trusted and experienced developer in AustraliaBeing one of the newest projects in the Melbourne downtown area, it enjoys the latest technologies and design for a modern residential home. LOUISE was designed by Cera Stribley, renowned architecture and interior design firm in Australia, to evoke a sense of home inspired by both the heritage of the neighborhood and contemporary buildings that mark its place in the future.Investing In Melbourne, Investing In The FutureWith a strong economy, world-class infrastructure, and robust job market, it’s easy to understand why Melbourne is the fastest growing city in Australia. Melbourne’s private and public sectors are investing heavily in key growth pipelines such as education, medicine, science, and technology.It’s worth noting that Melbourne has already attracted many Western and Asian investors, looking to establish their families in the city. After all, 2 of the Top 100 universities are located in Melbourne, the University of Melbourne and Monash University, making it the ideal place for students to study in the premier educational institutions in the world.Exclusive Look Only At The EXPO 2022LOUISE will be offering exclusive deals during the EXPO 2022 as one of its guest foreign property exhibitors. In fact, EXPO 2022 attendees will get an exclusive prelaunch look at LOUISE before it hits the Melbourne market.The EXPO 2022, much like its predecessor events, is expected to draw in several thousands of visitors over the course of 2 days from July 2-3, 2022 at the mega event venue: The Premier Centre Sen Sok.Don’t miss out on this chance to see what a modern home abroad can offer. Register now!Register For The EXPO 2022
Realestate.com.kh Brings Back Cambodia’s Biggest Property EXPO
Realestate.com.kh Brings Back Cambodia’s Biggest Property EXPO
June 7, 2022, 7:05 a.m.
Events & Announcements
Realestate News
MORGAN TOWER, PHNOM PENH - Realestate.com.kh is bringing back its massively popular Real Estate EXPO this coming July 2 & 3 at the Premier Centre Sen Sok. The Real Estate EXPO 2022 is one of Realestate.com.kh’s offline events pushing the real estate and related industries to new heights and delivering exclusive deals and vital services to the growing Cambodian market - all in one place.The Real Estate EXPO is a series conceived by Realestate.com.kh’s founder Moek Chenda and the company’s CEO Thomas O’Sullivan with the vision of creating an event where buyers can secure some of the best deals in real estate, attend free property seminars and enjoy a great day out with the whole family by visiting some of the attractions such as the latest in property technology, car test drive areas, and kids entertainment zone. The biggest names in property development across Cambodia will be on display including OCIC, Orkide Development, Chip Mong Land, Borey The Flora, Golden Cambodia Century, Morgan Group, Prince Real Estate,  Borey Kasen, Borey Bosba, Borey Arey Ksat, Coastal City and many more. To complement the home buying decision the leaders in banking, finance and insurance will also be there to consult buyers. As will the leading real estate agencies in Cambodia such as CBRE Cambodia, Cambodia Properties Limited, GC Realty, Pointer Property and property investment specialists Fazwaz Cambodia.Register As An Attendee or ExhibitorWin Big At The Realestate.com.kh EXPO 2022Apart from securing the best deals in real estate and other mid to high-end items, attendees will all go into the draw to win some of the biggest prizes ever seen at similar events, including jewelry from Princess Alanka, Watches from Watch Empire, Equipment from Seara Sports Systems, movie tickets from Legend Cinema, Appliances from both Fotile, Mitsubishi and many, many more. Property developers and exhibitors will be offering a variety of buyers incentives during the two days including huge discounts and show-only lucky buyer prizes including property & cars!When, Where, and What Time? The Real Estate EXPO 2022 will be held at the Premier Centre Sen Sok. The EXPO 2022 will start on July 2 & 3, Saturday and Sunday from 9:00 am until 6:00 pm both days. The Real Estate Expo 2022, Above and Beyond Properties & Services“We have not been able to do an offline event of this scale since our record-breaking events in 2019, whilst not surprising we have really been overwhelmed with the response from both exhibitors joining the expo, as well as very good signs from attendees with 5000+ people already signed up to attend the event,” said Thomas O’Sullivan, Realestate.com.kh CEO.“Ultimately, our goal is to give buyers and Cambodian families an opportunity to get the best deals in real estate of the year, and to create an experience where they can have a great day out together. By adding attractions and activities such as seminars from the leaders in the property industry, kids play areas, cars, an extensive food & beverage and more allows us to not only put on the biggest and best property expo but to create a great day out for the whole family” Mr. Thomas said.Register As An Attendee or ExhibitorA Series of Record-Breaking SuccessesThe most recent Real Estate EXPO held in Naga World Phnom Penh in 2019 was a major success that broke the country’s biggest property sales event ever in Cambodia with a whopping $ 30 million in sales and attracted over 20,000 visitors.  Earlier in 2019 the Home & Lifestyle event attracted more than 15,000 attendees and reached over $20 million in sales. Cambodia’s Leading Boreys, Condos, Agents, Banks, Lifestyle & Corporate brands The who's who of Cambodia's property market and ancillary services are already onboard with more coming as the EXPO 2022 on July 2 & 3 draws closer.Major sponsors & key supporters include: The Khmer Times, Cambodian Investment Management, Princess Alanka, B2B Cambodia, Watch Empire, Mitsubishi Heavy Industries, Panasialife, Gold Zone Media, Seara Sports Systems, Fotile, and LM Car.Exhibitors  include: Orkide Development: Orkide The Botanic City, Orkide The Pochentong, Orkide The Royal Condominium, Morgan Group: Morgan Tower, Morgan EnMaison, Overseas Cambodian Investment Corporation (OCIC), Chip Mong Land, Prince Real Estate Group, Creed Cambodia, Canopy Sands, Borey Kasen Phnom Penh, Borey Bosba, Borey Williams, Genrich Investment, Credit Bureau of Cambodia, Chroy Changva Satellite City, Norea City, Borey Heng Heang, The Elysee, Elite Town 3, Olympia City, Borey New Hope, Kien Svay Plaza, Tourism City, Diamond Bay Garden, Golden Cambodia Century (GCC): Borey Nadi, GC Orussey Market, Borey The Flora, KH Land, Platinum Coast, Golden Cambodia Realty, Phnom Penh Galaxy Garden, Coastal City, Century 21 Cambodia, Oasis Harmony, Golf Harmony, City Gem, Borey Lorn City, Fortune City, Borey Arey Ksat, Borey Chey Oudom, One 70, LM Car, Fotile, JTH Lawyers, API Global, TCU Polys Enterprise, Harvey Law Group, Beike Realsee, FazWaz, Buildmax International, Sathapana Bank, Cellcard, Yuan Dian Advertising MediaMedia partners include: Khmer Times,  B2B Cambodia, AmCham, ADA, Cambodia Investment Review, Property Area Asia, Gold Zone Media, The Cambodia China Times, Thmey Thmey, Enjoy Cambodia, Business Cambodia, FreshNews, Koh Santepheap Daily, Kampuchea Thmey Daily, ThmeyThmey, CNC, BTV, PNN, Hang Meas, CTV, TVK, CTN, Jianhua daily, Cambodia China Times, PanasiaLifeRegister As An Attendee or Exhibitor
Prince Trust, Cambodian Investment Management, and Realestate.com.kh to Jointly Promote Cambodia’s Trust Law to Foreign Investors
Prince Trust, Cambodian Investment Management, and Realestate.com.kh to Jointly Promote Cambodia’s Trust Law to Foreign Investors
June 7, 2022, 6:28 a.m.
Events & Announcements
Realestate News
On May 27th, Prince Trust, a member of Prince Holding Group (“Prince Group”), one of Cambodia’s largest business groups spanning across real estate development, financial services, and consumer services, has signed a memorandum of understanding (MoU) with Cambodian Investment Management and Realestate.com.kh to collaborate on opportunities in attracting inbound investments through Cambodia’s Trust Law.The MoU ceremony was presided by Michael Chiam, Board Director of Prince Trust, Anthony Galliano, CEO of Cambodian Investment Management, and Tom O'Sullivan, CEO of Realestate.com.kh.Based on the terms of the MoU, the three parties will work towards co-creation of joint capabilities in attracting investment by providing a seamless, trustworthy, and transparent experience for foreign investors. With Cambodia experiencing rapid growth and the passage of the Trust Law in 2019, Prince Trust was established to assist investors looking to venture into Cambodia.Michael Chiam, Board Director of Prince Trust noted ”We established Prince Trust to assist foreign investors looking to venture into Cambodia by promoting trust law. Together with the strong credibility and market awareness of Cambodian Investment Management and Realeastate.com.kh, we will be able to leverage on our respective competitive strengths in addressing the needs of foreign real estate investors looking into Cambodia”While Anthony Galliano, CEO of Cambodian Investment Management, championed the term “Invest Cambodia” in his remarks, noting that Cambodia's remarkable management of Covid 19 has prepared the market for a rapid recovery and “the country has never been better placed for foreign investment”Tom O’Sullivan, The CEO of Realestate.com.kh noted that “website traffic had grown past 200,000 visitors a month over the first half of 2022, with over half of the traffic from international markets” which is a sign that international investment in Cambodia is again on the rise. O’Sullivan went on to say that he “was looking forward to again being a pioneer in the industry along with Prince Trust and Cambodian Investment Management in educating the international investor market and local sellers about the trust law in Cambodia, which is a legal, transparent vehicle in facilitating real estate transactions for foreign investors”What is a Trust or a Real Estate Trust?A Trust is one of the mechanisms to help investors manage their assets. A trust is a way of holding and managing property, whereby the person setting up the trust (called the grantor, settlor, or trustor) transfers property to a trustee, who manages the property for the benefit of others (called beneficiaries).For more information, please visit www.princetrust.com, www.princeholdinggroup.com, www.facebook.com/CambodianInvestmentManagement, and www.realestate.com.khLooking for property investments in Cambodia? Let us help!
Real Estate EXPO 2022 Reveals Its First 30+ Exhibitors This Coming July!
Real Estate EXPO 2022 Reveals Its First 30+ Exhibitors This Coming July!
June 23, 2022, 8:05 a.m.
Events & Announcements
Realestate News
Cambodia’s Premier Property Show is back with the biggest developers in Cambodia including: Orkide Development, Morgan Group, Overseas Cambodian Investment Corporation (OCIC), Prince Real Estate Group, and many others COMING TO YOU - ALL IN ONE PLACE!The Real Estate EXPO 2022 is fast approaching and Realestate.com.kh, Cambodia’s largest real estate classifieds platform, is proud to announce the first wave of exhibitors!The Real Estate EXPO 2022 is Cambodia’s premier property show featuring agencies, developers, banks, insurance companies, and other services that homebuyers and investors need when buying property - all in one place.Key exhibitors for this year's EXPO 2022 include:Orkide GroupPrince Real Estate GroupChip Mong GroupOverseas Cambodian Investment Corporation (OCIC)EZECOMHGB GroupCentury 21 CambodiaWith well over 30 exhibitors already booked and preparing for the first expo in over two years, buyers can expect to find some of the best deals in property for the year, with most developers offering exclusive show-only discounts on select units with some even offering discounts of up to 20%! Real Estate Seminars from Industry ExpertsWhile there will be several dozen properties and developers present during the event, the question remains: Which property do you buy?One of Realestate.com.kh's missions is to educate property buyers. And with the biggest names in real estate all gathering in one place, Realestate.com.kh will be hosting a series of seminars showcasing the opportunities - present and upcoming - in the Cambodian property market. Several notable personalities from big developers, reputable agencies, as well as well-known international consultancy firms will be sharing insights and tips over the 2-day event.Speakers already confirmed for the event are:Mr. Ith Hero, Director of Statistics, National Bank of CambodiaMr. Oeur Sothearoath, Chief​ Executive Officer, CBCMr. Lawrence Lennon, Managing Director, CBRE CambodiaMr. Chrek Soknim, President of the Cambodia Valuers And Estate Agents Association (CVEA)Ms. Mom Sothavatey, Country Manager, Fazwaz CambodiaMr. Seraj Sutton, COO & Director, Century 21 CambodiaMr. Kang Nin, Director and Partner, Golden Cambodia RealtyMr. Chu Zexu 褚泽旭, General Manager, Morgan GroupMs. Ry Navy, Head of Sales Division, OCICMr. Ngoey Thy, Assistant to CEO, KH LandDon't miss out on expert insights that could land you your dream home or your next big investment!Special EXPO 2022 Raffle EventThe EXPO 2022 is sponsored by big names in the Cambodian consumer market. From commodities to big-ticket items, attendees will have the chance to win exclusive prizes - worth those of being included in the Kingdom's biggest property show of the year!The event is completely free to attend, and make sure you sign up for express entry to avoid the queues on the day! The Real Estate EXPO 2022 is happening this July 2nd  and 3rd at the Premier Centre Sen Sok, located in the fast-urbanizing district of Sen Sok and directly in front of AEON Mall 2 - the largest purpose-built shopping mall in Cambodia.Interested in joining the event as an attendee?Register for the Expo 2022
REAKH Survey 2023 ENG 590 x 250
Cambodia’s #1 Property Show is BACK: Real Estate EXPO 2022
Cambodia’s #1 Property Show is BACK: Real Estate EXPO 2022
June 7, 2022, 4:32 a.m.
Events & Announcements
Realestate News
AFTER 2 LONG YEARS, IT’S FINALLY BACK! The Realestate.com.kh EXPO 2022 is coming this July 2022 (2nd & 3rd) and it’s bringing exclusive deals and promotions from Cambodia’s leading borey & condo developers, banks, insurance, and many services for your home needs!A WORLD-CLASS VENUEThe Realestate.com.kh EXPO 2022 will be held at the Premier Centre Sen Sok. This grand venue is well-known among Cambodians, expatriates, and foreign investors for its wide spaces, accessible roads, and is directly adjacent to AEON Mall Sen Sok, the largest purpose-built shopping mall in Cambodia today.WHO WILL BE AT THIS YEAR’S EXPO?Anything and everything related to Cambodian property will be at Realestate.com.kh’s EXPO 2022, including the most renowned property developers such as Orkide Development, Creed Group, The Flora, Morgan Group, and many more.But buying property is usually more than just property itself. And this is where the advantage of buying at the EXPO truly shines. Not only will buyers be able to secure some of the best deals ever from boreys, developers, and agents at the event, but the leading banks and insurance companies will also be exhibiting and running special loan offers and coverages for your home and other property needs. Buying and securing your property needs not be a hassle when you can do it all in Realestate.com.kh’s EXPO 2022!Lifestyle brands will also be on show at the event with brands such as LM Car, B2B Cambodia, and Realsee 360 technology making it a great day out for the whole family. CAMBODIA’S BEST REAL ESTATE SEMINARS & TALKSVisitors will be able to attend property-related seminars across the two days, delivered by leaders in the property market. Seminars will include real estate trends; how to find the best opportunities in the market; what to look for when buying your first home; updates on Cambodia's economy; and future infrastructure developments. A LOOK BACK ON THE 2019 EXPO More than 10,000 attendees. Exclusive deals and discounts. Over USD $30 MILLION IN SALES was generated at this same event in 2019.The Realestate.com.kh EXPO is Cambodia’s biggest property show where real estate agents, developers, banks, and insurance providers come together to offer the best deals and discounts ALL IN ONE PLACE.The EXPO has solidified itself as part of the industry’s calendar of events as middle-class and affluent Cambodians, as well as expatriates and foreign property investors, attend the EXPO successfully securing the best deals and opportunities in real estate. Pre-registration is LIVE! Sign-up now to get express entry at the event and updates on who will be joining the Real Estate EXPO 2022 this coming July 2-3 Register now!Real Estate EXPO 2022 Registration here
Song Saa Collective to establish Eco-tourism City in Siem Reap
Song Saa Collective to establish Eco-tourism City in Siem Reap
June 6, 2022, 5:03 p.m.
Events & Announcements
Song Saa Collective, a company renowned for their luxurious hotel resort developments on Song Saa Private Island, Sihanoukville, has plans in motion to establish an eco-tourism city in Banteay Srey district in Siem Reap. The company has announced an initial investment of 3 million USD to purchase 400 hectares of land from locals residing in the area to host this initiative - see Realestate.com.kh's Chinese Tourism: A New Catalyst for Cambodia’s Real Estate Boom for more information.  In an article published on Ministry of Environment website, His Excellency, Say Samal  Minister of Environment, gave his approval of the project and encouraged any company which can aid the Government in creating more jobs for Cambodian people, whilst help conserve natural resources without an adverse impact on the environment.Rory Hunter, Director of Song Saa Collective, elaborated on his vision for the eco-tourism city, stating that he ensured one hectare of the project had a surrounding natural lake to help conserve the animals in the area. Mr. Hunter hopes that over the next five years his company’s  project would be developed with ease-  creating more jobs for people living in an area which is yet to see any industrial development.Once completed, the project will comprise of hotels, villas, schools, religious centers and other natural resorts. It is anticipated that the project will help attract more tourists; both domestic and international to visit the province- which is typically solely renowned for it’s historic Angkor Wat temple complex.Mr Mario Tan, Sales and Marketing Director of Hunter Estate commented on the benefits of the project stating: “The project will help attract more foreign tourists - especially Chinese to visit Siem Reap. Tourists visiting our neighboring nations Vietnam and Thailand usually stay longer in those countries because they have more tourism destinations compared to Cambodia.”Mr Mario continued: “When Cambodia has more resorts- especially in Siem Reap, the nation is able to compete with its’ neighbors, resulting in attracting more tourists to stay for longer periods. Ultimately, more tourists, for longer periods of time will have a majorly positive effect on the local economy”Tourism is considered one of the four major pillars supporting the Cambodian economy. In 2016 the Kingdom received over five million foreign tourists, including 830,000 Chinese and accumulated gross revenue of $3.4 billion, according to the Ministry of Tourism statistics.Increasing Chinese tourism is a major goal for the Government with the establishment of the  “China Ready for Cambodia Tourism” policy which aims to attract two million Chinese tourists to enter the Kingdom each year by 2020. Therefore, Cambodia needs to develop more tourism sites - such as the proposed eco-tourism city - to stimulate the growth of tourist arrivals each year and reach these targets.Please read our Siem Reap Location profile on Realestate.com.kh! Search properties for sale in Siem Reap and current properties for rent in Chroy Changvar!
Real Estate Magazine
Real Estate Magazine
May 9, 2022, 6:00 a.m.
Events & Announcements
Cambodia Real Estate Magazine Issue 9The ninth issue of the Cambodia Real Estate Magazine is here! Published quarterly in English and Chinese, this latest issue of Cambodia’s most authoritative and widely-read real estate publication reports on key investment areas, milestones, events, prospects, and other important developments, issues, and movers in the Kingdom’s property sector, including:- Insider analysis: Siem Reap's real estate market in 2019.- Expat guide to BKK2 and BKK3.- Cambodia property sector forecast for the next five years.- Chbar Ampov location profile.- The real estate ultimate guide to Battambang.- Kingdom's condo market setting of Goden Age of real estate.- Opportunities sprouting for Kampot eco-resort.- Cancellation of EBA could hit the Kingdom's real estate sector.- Five ways to spice up your home decor with Chinese feng shui.- Competition heating up in Seap Reap hotel market.- How to start a business in Cambodia: A guide to understanding the market.Cambodia Real Estate Magazine Issue 8The eight issue of Cambodia Real Estate Magazine is here. Published quarterly in English and Chinese, this latest issue of Cambodia’s most authoritative and widely-read real estate publication mainly reported and discussed key investment areas, milestones, events, prospects, and other important developments, issues, and movers in the Kingdom’s property sector, including:- Treatise on the results of Realestate.com.kh’s 2018 Cambodia Real Estate Survey, which shows a rising middle class.- Discussion about the prospects and future of Cambodia’s real estate industry post-election.- Feature about Poipet, a town on the Thai border which is one of the fastest-growing areas in the country in terms of real estate development.- A look on the role and influence of architecture and design on the quality of life.- A look at 7 Makara, Daun Penh, and Chamkarmon, areas of Phnom Penh where most people want to buy property.- Delving on the “Siem Reap Anomaly”, a phenomenon where despite the property boom, rental transactions are down in Cambodia’s leading tourist destination.- A glimpse at how land along Hun Sen Boulevard became a favorite among property developers.- Treatise about low-cost housing proliferating around the industrial areas of Phnom Penh.- Hottest property listings (real estate for sale and rent/lease) from across the country from leading real estate agencies.Cambodia Real Estate Magazine Issue 7Published in both English and Chinese, Issue 7 of Cambodia Real Estate magazine, the Kingdom’s most widely read property quarterly, reported mainly on key investment areas, future events that are most likely to impact the property sector, and other important developments, issues, and movers in the industry, billed as one of the primary drivers of Cambodia’s economy. These include:-    Feature on trailblazing women who made distinct imprints in Cambodia’s real estate industry, with their exemplary accomplishments in a male-dominated industry,-    Treatise on the Cambodia Real Estate Awards 2018, the most prestigious and highly-awaited event for Cambodia’s property sector this year,-    Extract from soon-to-be released Cambodia Investment Guide 2018/2019, which discussed Phnom Penh and other key investment areas in the Kingdom,-     Delving on property experts and leaders’ take on the impact of upcoming national election on Cambodia’s property sector,-    Profile on Khan Dangkao, a Phnom Penh suburb that is drawing interest from local and foreign investors, mainly due to its accessibility and abundance of affordable land,-     Update on the progress of several major property development projects in Phnom Penh and Sihanoukville,-      A look at property value appreciation in Sen Sok and nearby areas, a change brought about by Aeon Mall 2, the Kingdom’s largest shopping and entertainment complex that officially opened a few days ago,-    Delving on the reluctance of banks to loan money to the real estate industry, particularly condominium sector,-   A look at the hottest property listings (property for sale and rent/lease) from across the country from leading real estate agencies. Cambodia Real Estate Magazine Issue 6 Issue 6 of Realestate.com.kh, Cambodia’s most popular, bilingual (English and Chinese) real estate quarterly, tackled Cambodia’s investment potential, looked back at last year’s property and economic trends, and discussed the prospects for the Kingdom’s real sector in 2018, including:- Delving into the Kingdom’s rental outlook and investment potential,- Looking back at 2017’s major real estate and economic trends,- Location profiles on Prek Pnov and Por Sen Chey, two of the many rapidly-developing areas surrounding Phnom Penh,- Extract from Realestate.com.kh’s soon-to-be-released Cambodia Investment Guide 2018, which summarizes the investments opportunity in Cambodia,- Update on ongoing construction projects and other major developments from across Cambodia’s real estate sector, - A peek at the hottest property listings from across the country brought to you by leading real estate agencies,Cambodia Real Estate Magazine Issue 5Welcome to Issue 5 of the Cambodia Real Estate Magazine. Once again, the team at Realestate.com.kh are proud to bring to our readers a selection of the finest property news, advice and information from across the Kingdom of Cambodia, including; A look into the swift economic and real estate growth in lesser known areas such as Poipet and Battambang, Advice for savvy investors looking to invest in real estate hotspots, such as Siem Reap and Sihanoukville- before land prices rise, Delving into the major influence that Chinese investors are currently having across the Cambodian real estate sphere, Two sneak-peak extracts from our highly anticipated,  soon-to-be-released Cambodian Real Estate Investor Guide 2018; where we look at Foreign Ownership Law and tourism trends in the Kingdom in great detail, A comprehensive look at upcoming developments from accross the Kingdom, as well as the hottest listings from the country's leading agenices,And excitingly, for the first time in our history, we are bringing the magazine to you in two languages - both English and Chinese!Cambodia Real Estate Magazine Issue 4In issue four we take a look at the huge technology influence on the property market, as well as the hottest news for potential investors, buyers and sellers including;How the Cambodian real estate market is embracing technology to enhance real estate sales, marketing and business management.How virtual and augmented reality are taking the real estate scene by stormThe Kingdom's exciting economic growth prospectsForegin ownership and laws in 2017-  that all prospective investors need to know How you can take property pictures like a true professional A market insiders analysis into the "The One Belt One Road Policy''As well as a host of new and upcoming developments in Cambodia's property market, and much, much more. Cambodia Real Estate Magazine Issue 3In issue 3 we delve right into Cambodia's real estate market as a whole, covering topics such as;The 2016 Consumer Sentiment Survey Results- the most comprehensive survey to ever be conducted in CambodiaMarket leaders sharing their forecasts of 2017How foreginers can pragmatically invest in land in the KingdomSihanoukville's rise to become the next 'boom townEverything you need to know about home-loans before purchasing your propertyAs well as a look at many of innovative and luxury developments under construction- and much more.Cambodia Real Estate Magazine Issue 2 In this edition, we review what to keep in mind when investing in plot land in Cambodia; we take a look at the rise of the Toul Tum Poung/Russian market district of central Phnom Penh; and we consider the current issues in the Cambodian valuation industry and how best to address these gaps. You can check out a huge selection of real estate listings for sale and rent across the nation, and a prime selection of new property developments in the pipeline and reviews.Cambodia Real Estate Magazine Issue 1The first Cambodian real estate dedicated magazine. Get insights about the property industry in Cambodia with recent law changes, land titles classification, development projects and much more in one, unique magazine.If you are interested in adevertising in our next issue please contact:Khmer and Chinese: nin.kang@realestate.com.kh,  or call  +855 93 552 305, +855 78 637 323English: tyler.stuart@realestate.com.kh, or call  +855 12 599 669, +855 81 599 669
Cambodia Real Estate Surveys and Reports
Cambodia Real Estate Surveys and Reports
June 7, 2022, 4:38 a.m.
Events & Announcements
Realestate.com.kh’s Real Estate Survey and Reports page is an archive of property market trends and observations in Cambodia since it was started back in 2018. Buyers, sellers, agents, and property developers can gain additional insights through discussions of:Buying power and demographics of over 2,000 respondentsSentiments from the local, expatriate, and overseas buyersPerformance and perception of sales & rental marketsKey areas for development & investmentsReal estate market information & feedbackGeneral market projectionsThe Cambodia Real Estate Survey and Reports page will be updated regularly to reflect Realestate.com.kh’s efforts in providing the wider market with valuable information and insights into the Kingdom’s continuously growing property market. Cambodia Real Estate Survey 2022:  Cambodia Real Estate Survey 2021: A shift to local markets and prospects of a post-COVID-19 recoveryLike most other major sectors, 2020 was a challenge for the real estate market due to the impact of COVID-19, as has also been the case for the first half of 2021. The Real Estate Survey 2021 will give readers a glimpse of how the property market performed over the past year. Much of the property market was able to weather the economic headwind caused by the global pandemic and the Real Estate Survey 2021 offers readers key points that played a vital role in keeping the market afloat for as long as it has.Cambodia Real Estate Survey 2019: Rise of the young generationWith the Real Estate Survey 2019, we saw an increasing number of respondents in their late teens and early twenties showing interest in the real estate sector not only in terms of residence but also as investments. As Cambodia urbanises, incomes grow and family sizes shrink. This means young families are routinely bringing in $2,000 or more per month in disposable income while simultaneously pursuing homeownership in a safe and well-located community. Cambodia Real Estate Survey 2018: Market confidence growth with middle-class expansionRealestate.com.kh is excited to share the findings of our Cambodia Real Estate Survey 2018. One notable change can be seen when looking at the income of survey takers. Fewer people are earning less than $500 a month now than were two years ago. The group making $501-$10,000 a month grew considerably. This is a clear sign of an expanding middle class in the Kingdom.Cambodia Real Estate Survey 2016: Projecting the rise of the Cambodian property marketRealestate.com.kh is pleased to release the results of the 2016 Realestate.com.kh Consumer Sentiment Survey. The survey reveals key information for investors, developers, retailers, financial institutions, insurers, and personal home buyers and sellers. The intention and scope of the this survey were to dig deeper into the hearts and minds of Cambodia-focused real estate consumers in regards to their perceptions of the market and their current spending and borrowing habits. By doing so, the survey allows us to predict future buying and selling trends in the market.Are you an expatriate or foreign investor looking for a home loan or simply need help in looking for property? Let us know!LOOKING FOR PROPERTY? CLICK HERE
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June 7, 2022, 6:58 a.m.
Events & Announcements
The Realestate.com.kh Mobile App is available on the following app stores:Search 25,000 properties for sale and rent. Do it all for free with Cambodia’s best real estate app!Whether you’re looking for a property or selling one, or you‘re a property developer or an agent, you can use our industry-leading real estate platform easily and effectively on your mobile phone!Our mobile app was recently updated with 2 important features to make your property hunting/selling a lot easier!Direct Chat - this new feature lets users correspond directly with the agent or owner of your selected property and vice-versa - much like WeChat, Messenger or WhatsApp.Home Finder - property hunters can simply tell our mobile app what their requirements (property type, area, number of bedrooms, etc.) are and our app will notify agents who have properties matching their requirements - prompting them to message buyers directly.Here are the latest key features of the Realestate.com.kh Mobile App:For Property Buyers/Renters:The best property search engine in CambodiaLooking for a 2-bedroom apartment in the heart of Phnom Penh? Or do you prefer a simpler Khmer-style house? Our search engine lets you filter search results easily with prices, bedrooms, baths, area, and even completion dates for the latest developments!Chat directly with the agent or owner of the property you likeOur live-chat feature lets you correspond directly with the agent of your selected property. It works a lot like WeChat, Messenger or WhatsApp - simple and convenient!Talk to any agent with real-time translationWorried the agent might not speak your language? Our live-chat feature can translate your messages for you. Translations into Khmer, English, and Chinese are supported in our app; feel free to message the agent of whatever property you want!SMS, Email, or Call your agent in one-clickOur app features the complete contact details of the best agents working with us. So, if you really want that house, condo or plot of land, you can reach out to them in more ways than one!View nearby schools, hospitals, and mallsWe believe a property’s added value lies in its most accessible comforts! Our app can help you better decide which property to get by letting you see what schools, hospitals, restaurants, and malls are nearby!Bookmark your prospects with easeBuying/renting a property takes a lot of decision-making. That’s why our app lets you bookmark properties you like so you can review them whenever you please!Tell Agents and Property Sellers what you’re looking forOur Home Finder feature provides a smart way to let agents and property sellers what you’re looking for! You simply tell us your requirements (property type, area, number of bedrooms, etc.) via the Home Finder tool and our app instantly notifies agents and property developers, who can then quickly respond to your needs. No more long waits to find your new home!For Agents/Property Developers:Create your property listings for FREESell, rent, and manage your properties for free on our app. Tens of thousands of users access Realestate.com.kh every day. Maximize your reach by listing your property with us - absolutely free!Chat directly with buyers and clientsOur live-chat feature lets you correspond directly with prospective buyers. It works a lot like WeChat, Messenger or WhatsApp - simple and convenient to use so you can close that deal faster!Reach a larger audience with real-time translationOur live-chat includes a real-time translation feature, which translates any language into Chinese, English, or Khmer. No more language barriers. Now you can talk to any buyer, whatever language they speak!Never miss out on a saleThe Realestate.com.kh app instantly alerts you when you receive an inquiry or a chat request for any of your listings. It also alerts you of opportunities in real-time so you never miss out on a sale. Just make sure you’re logged in on the app and your notifications are on!Stay on top of the search resultsDon’t let potential buyers/clients miss out on your offerings. Through our app’s Refresh feature, you can get on top of the search results page, giving your listings maximum visibility!Beat the competition for the next big saleNo longer will you have to wait for buyers! The app notifies you whenever a buyer posts their requirements through the Home Finder feature. If the requirements match anything on your portfolio of properties, you can easily grab the opportunity. But you have to be quick, as only the first 3 agents to take the opportunity can contact the buyer!Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now on both iOS and Android.Article by:
Second Cambodia Real Estate Show Announced, October 2017
Second Cambodia Real Estate Show Announced, October 2017
June 6, 2022, 5:04 p.m.
Events & Announcements
After the success of the first show in May this year, the Cambodia Real Estate Show is back this October 2017, the 6th & 7th, at NagaWorld Hotel, Phnom Penh, to provide a forum for local and international property investors to survey the current offerings of the Cambodia real estate market.  The last show attracted over 3000 guests from across the region, and resulted in over $3Million of real estate sales over the two days. This success created a high demand from developers and agencies in the market for a second show this year.“The Creed Group, presenting 3 projects at the show - Bodaiju Residences, Borey Maha SenSok and Arata Garden Residences - achieved a great result: 21 unit bookings and reservations for current selling projects and the upcoming project, Arata Garden Residences,” confirmed Ms. Kelly, Deputy Sales & Marketing Director at Creed Group.The Cambodia Real Estate Show is an event managed and extensively marketed by realestate.com.kh, Cambodia’s leading real estate search website and property marketing agency. The show offers a different side to the business, as the company is primarily focussed on the online sphere, generating sales and rental inquiries through the website platform for a host of agency and developer clients.Mr. Tom O’Sullivan, CEO of Realestate.com.kh, said that, “the key benefit of our real estate show is that it closes the gap between the investor and the opportunity. When investors from throughout the region and world arrive in Phnom Penh for our real estate show, they will feel, smell and touch Cambodia; and they will see the drastic changes happening here in terms of construction and real estate development. They will also understand the infrastructural improvements that are transforming the country into an economic hub. This exposure to Cambodia will give them confidence to invest in property here.”“Again in October, for our second show, we are bringing together a collection of the nation’s finest new projects, condos and boreys, as well as other businesses that influence and play a role in the market, such as agencies, banks, and insurers, ” continues O’Sullivan.In the October show, realestate.com.kh are confident that they can offer a wide range of property options for guests, ranging from land, borey properties, condominiums and overseas property investment opportunities. “During the show, attendees will also be able to watch various educational seminars which will assist property buyers and investors understanding the market, the legal obligations of property ownership, and to help them to make educated decisions when purchasing real estate in Cambodia. Education of the market and protecting our customers long term interests is always a prime concern,” said O’Sullivan.  Speakers at the May show included experts in the real estate sphere such as Sok Siphana, Managing Partner at Sok Siphana & Associates - a member of ZicoLaw; Matthew Rendall, Senior Partner at Sok Siphana & Associates - a member of ZicoLaw; Anthony Galliano, CEO of Cambodian Investment Management (CIM) and Simon Griffiths General Manager at Metro Global Pte Ltd.Given the interest in the seminars at the first Cambodia Real Estate show, the October event will include and extended program of speakers, and this time include sessions in English, Khmer and Chinese - as per the audience demographics present at the first show in May. Panel debates covering topics of particular relevance in the industry with also take place at the October event.“We were very satisfied to be a part of the inaugural Realestate.com.kh Cambodia Real Estate show at NagaWorld. The event enabled our team to generate a significant number of direct sales and many good quality leads for prospective buyers. We are looking forward to the next event organized by the Realestate.com.kh team,” said Mr Laurence Hamilton, Vice President of NC Max World Real Estate Development/Brokerage who presented new projects such as The View and East One Apartments at the show.For sponsorship or exhibitor opportunities at the Cambodia Real Estate Show, please contact:Khmer and Chinese: nin.kang@realestate.com.kh,   or call  +855 93 552 305, +855 78 637 323English: tyler.stuart@realestate.com.kh, or call  +855 12 599 669, +855 81 599 669Don't miss out the Cambodia Real Estate Show 2 this 6 & 7 October, 2017!Find the best real estate news on Realestate.com.kh
Cambodia Architect & Decor 2017 Expo brings the best of international design to the Kingdom
Cambodia Architect & Decor 2017 Expo brings the best of international design to the Kingdom
May 9, 2022, 6:03 a.m.
Events & Announcements
For its 2nd edition from June 8th to 10th, Cambodia Architect & Decor will welcome 150 local and international brands to showcase their latest innovations, seek new opportunities and exchange on the growing importance of design in Cambodia’s booming construction market. The event will also host an educational seminar, a student design competition and a networking architect dinner, in addition to the exhibition.Phnom Penh, May 18th, 2017A must-attend event for architects, interior designers, property developers and construction professionals. From June 8th to 10th 2017, Cambodia Architecture & Decor Expo will settle once more at Diamond Island Convention & Exhibition Center (Koh Pich). This unique trade show will gather architects, interior designers, property developers and building professionals to exchange about the latest innovations and trends in the sector. “We created Cambodia Architecture & Decor Expo to help professionals engage with targeted potential customers, meet new contacts and identify new opportunities on the market.” says Ajinveat Vhongthong, project manager from ICVeX, the expo organizer. “According to our survey from last year’s show, over $18 million business was expected to be generated from the exhibition in 2016”.A support to Cambodia’s booming construction industryIn 2016, $8.5 billion worth of development projects have been approved in Cambodia. This intense growth leads to a rising demand in architecture and interior design. “We first created this event in 2014 in Myanmar, and it was a great success” develops Mr. Vhongthong. “We know that this platform can highly benefit to Cambodia. Our exhibitors, of which 70% are international, will showcase best-in-class innovations and products”.For example, Thai company SCG will be presenting eco-friendly building material products on its 210 square meters booth and visitors will be able to receive in-depth advice from SCG experts. Visitors will also get the chance to discover Gio Home Kitchen first water proof kitchen furniture, Modernform’s customizable desks and ergonomic chairs, the first launch of Fibreglass Translucent Roofing Sheet by Ampelite, and much more.An educational opportunity for Khmer studentsTo organize this expo, ICVeX has partnered with Cambodia Society of Architects (CSA) and together they will welcome among the most eminent local and international speakers. Among other conferences, Mr. Tim Beaumont - CEO of The Beaumont Partnership - will be sharing insights about the projects he developed in Southeast Asia and Mr. Adrianta Bin Aziz, from Malaysia Institute of Architects, will elaborate on the importance of continuing professional development. Other topics will include the development of Phnom Penh city, challenges encountered when developing Boreys or future Cambodian architects and designers. CSA will also take this opportunity to organize the CSA 2017 Design Competition that rewards the best ideas in Arts & Architecture in Cambodia. Selected candidates will be put on display during the expo and the award ceremony will take place during the Architect Networking Dinner on June 8th . Practical information 8-10 June 2017, 9AM to 7.30PM Diamond Island Convention & Exhibition Center (Koh Pich), Phnom Penh Free admission More information and full program available on www.cambodiaarchitectdecor.comFind the best real estate news on Realestate.com.kh
Huge sales recorded at the inaugural Cambodia Real Estate Show
Huge sales recorded at the inaugural Cambodia Real Estate Show
June 6, 2022, 5:04 p.m.
Special Reports
Events & Announcements
Realestate News
Property Buyers & Sellers Advice
The Cambodia Real Estate Show, powered by realestate.com.kh, saw over 3000 local and international investors flock through the Grand Ballroom doors of NagaWorld Hotel last weekend, Friday & Saturday.The country's leading developers benefited from thousands of sales leads generated over the two days; and a staggering 30 deals were converted onsite at the show - equating to over 3 million US$ in total property value.Developers also booked a high number of site visits, showroom tours, and gained hundreds of serious leads to follow up in the coming weeks after the show. Three lucky buyers also won international flights packages, thanks to the airlines sponsor Cambodia Angkor Air.40% of those who attended the event were Chinese, or Chinese speaking; 20% were mixed internationals; and 40% were Khmer nationals. As Cambodia’s leading property classifieds website, the turnout of the show represents the targeted audience of the Realestate.com.kh website and related media channels.“The Creed Group, presenting 3 projects at the show - Bodaiju Residences, Borey Maha SenSok and Arata Garden Residences - achieved a great result: 21 unit bookings and reservations for current selling projects and the upcoming project, Arata Garden Residences,” confirmed Ms. Kelly, Deputy Sales & Marketing Director at Creed Group.Ms Intan Kosem, developer of Habitat Condos, said that, "We were very delighted to present Habitat Condos at the show. In fact, we sold one unit to an overseas buyer which we met at the show - and we also generated various other sales leads and property visits from the event. We look forward to the next show!”“We were very satisfied to be a part of the inaugural Realestate.com.kh Cambodia Real Estate show at NagaWorld. The event enabled our team to generate a significant number of direct sales and many good quality leads for prospective buyers. We are looking forward to the next event organized by the Realestate.com.kh team,” said Mr Laurence Hamilton, Vice President of NC Max World Real Estate Development/Brokerage who presented new projects such as The View and East One Apartments at the show.Mr. Piseth Seng, CEO of LK Development Group - developer of The Elements project, stated that, “The Cambodia Real Estate Show at NagaWorld was beyond our expectations! Realestate.com.kh delivered what was promised to the exhibitors. We met so many potential buyers and the high-value investors that we were looking for. We are sure that this Real Estate show is here to stay in the market and we are proud to continue to work with Realestate.com.kh into the future.”In addition, the show provided a very insightful series of seminars from some of the most respected figures of the local and international industry. All of these presentations and video seminars are available for viewing on www.realestate.com.kh/news in the coming days.Porsche and Mercedes Benz were also at the show - allowing visitors to test drive some of the hottest cars on Phnom Penh’s streets from the valet parking area of NagaWorld.The Show would not have been possible without its dynamic sponsors: Last Mile Works VR, Seara Sports Systems, Ezecom & Cellcard. A big thanks goes also to our trusted Official Media Partners: Business Cambodia, Bizkhmer, Khmernavi/Enjoy Cambodia, Sin Chew Daily, B2B Cambodia, Amcham, Britcham, Cambodia Constructors Association (CCA), Cambodian Valuers and Estate Agents Association (CVEA), PropertyGuru, Property Report, Asian Property Review, PropertyGuru International, Juwai.com, the Khmer Times and La Reine. “Our real estate show simply closed the gap between the investor and the opportunity,” comments the ceo of Realestate.com.kh, Mr Thomas O’Sullivan. “When investors from throughout the region arrived in Phnom Penh for our real estate show, they were able to feel, smell and touch Cambodia; they saw the drastic changes happening here in terms of construction and real estate development. They also came to understand the infrastructural improvements that are transforming the country into an economic hub. This exposure to Cambodia gave many the confidence to invest in property at the show,” concluded O’Sullivan.After the success of the first ever Cambodia Real Estate Show, Realestate.com.kh is already planning for an even bigger and more comprehensive Real Estate Show within 2017.Find the best real estate news on Realestate.com.kh
Learn from experts across the industry, at the Cambodia Real Estate show!
Learn from experts across the industry, at the Cambodia Real Estate show!
June 6, 2022, 5:04 p.m.
Events & Announcements
Realestate News
The Cambodia Real Estate Show is on this week!Friday and Saturday, 5&6 May @Nagaworld Hotel (Grand Ballroom Level 2), 10:00AM -> 6:00PM.+ 20+ new projects on show+ Educational seminars from leading economists, agents and lawyers+ Win international flights from Cambodia Angkor Air+ Exclusive car test drives with Porsche and Mercedes.FREE ENTRY - NO REGISTRATION REQUIREDBring your friends, family and network to Cambodia’s one and only Real Estate Show, powered by Realestate.com.kh!REGISTER NOW FOR SHOW UPDATESThe intention of the Cambodia Real Estate Show 2017 is to promote Cambodia and the Cambodia real estate industry both locally and internationally. Realestate.com.kh is bringing together a collection of the nation’s finest new projects, as well as other businesses that influence and play a role in the market.During the 2 days of the show (this Friday and Saturday), attendees will also be able to watch various educational seminars which will assist property buyers and investors understanding the market, the legal obligations of property ownership, and to help them to make educated decisions when purchasing real estate in Cambodia.Topics at the Cambodia Real Estate Show will include real estate law, ownership regulations, tax obligations, analysis of investment locations across Cambodia, property management considerations, and various other pertinent topics.The seminar room at the Cambodia Real Estate show is free for all guests to join. All speakers will also take questions from the audience following their presentations.The detailed schedule for the seminar sessions on Friday and Saturday is as follows:Seminar Schedule Day 1 - May 5, Friday:Economic Growth Prospects in Cambodia: The Gateway to the ASEAN Region (12:30PM - 1:00PM)Sok Siphana, Managing Partner at SokSiphana & Associates, a member of ZICOLAWCambodia, Transition from ‘Live Era’ to ‘Life Era’ (1:00PM - 1:15PM)Anita Cui, Deputy General Manager of GREDvKirirom Project Development (1:15PM - 1:45PM)Takeshi Izuka, President of vKirirom ProjectForeign Ownership in Cambodia: Regulations and Practice (2:30PM - 3:15PM)Matthew Rendall, Managing Partner at SokSiphana & Associates a member of ZICOLAWIntegrating Security to Increase Property Value (3:15PM - 3:45PM)Athanasius Pang, Managing Director - Trivox Global Security Group; Brand Principal of DL EdvanceHow Singaporean Investors View the Cambodian Market (3:45PM - 4:30PM)Jo Chua, Head of International Developers Business for PropertyGuru GroupTax for Investors: Real Estate Tax Considerations for Cambodian Property Owners (4:30PM - 4:45PM)Anthony Galliano, CEO of Cambodian Investment Management (CIM) GroupThe New Landscape of Property Management in Phnom Penh (4:45PM - 5:15PM)Benny Tan, Principal Consultant at SC CapitalSeminar Schedule Day 2 - May 6, Saturday:Consumer Trends in the Cambodia Real Estate Market (1:30PM - 2:00PM)Tom O’Sullivan, CEO at Realestate.com.khIndustrial Property & SEZ Investment in Emerging Markets & The Benefits of Manufacturing in Cambodia (2:00PM - 2:30PM)Edmond Lim, Project Head, Cambodia PropnexInvestment Opportunities in Chroy Changvar (2:30PM - 2:45PM)Leang Ki, Sales Manager - Highland CondominiumOpportunities for Investment in the vKirirom Project (2:45PM - 3:00PM)Takeshi Izuka, President of vKirirom ProjectSihanoukville Rising: Cambodia’s Coastal Development (3:30PM - 4:15PM)Christophe Forsinetti, Chief Operating Officer KC JSMRealise the Untapped Potential of the Indochina Property Market (4:15PM - 4:30PM)Johnny Chan, Sales & Marketing Director at Creed GroupManaging Your Asset: Property Management Considerations for Investors (4:30PM - 5:00PM)Simon Griffiths, General Manager for Asset Management Company Metro GlobalCross Border Data Penetration and Market Verticals for Real Estate (5:00PM - 5:30PM)William Lai, Principal Consultant at SC CapitalDownload the full schedule here.The Cambodia Real Estate Show is on this week!Friday and Saturday, 5&6 May @Nagaworld Hotel (Grand Ballroom Level 2), 10:00AM -> 6:00PM.+ 20+ new projects on show+ Educational seminars from leading economists, agents and lawyers+ Win international flights from Cambodia Angkor Air+ Exclusive car test drives with Porsche and Mercedes.FREE ENTRY - NO REGISTRATION REQUIREDBring your friends, family and network to Cambodia’s one and only Real Estate Show, powered by Realestate.com.kh!REGISTER NOW FOR SHOW UPDATESNEED MORE INFO OR ASSISTANCE: +855 17 436 756 / +855 69 436 756 info@realestate.com.khFind the best real estate news on Realestate.com.kh
Cambodia Real Estate Show: Just 3 Weeks Away!
Cambodia Real Estate Show: Just 3 Weeks Away!
June 6, 2022, 5:04 p.m.
Realestate News
Events & Announcements
With strong growth prospects and a boom in the real estate and construction sector, more and more investors and developers are shifting their investment towards the Cambodian market.To showcase the leading development and investment opportunities that Cambodia has to offer, Realestate.com.kh is organizing the Cambodia Real Estate Show. The show will be held on the 5th and 6th of May 2017, at the grand ballroom on the second floor of the NagaWorld Hotel, Phnom Penh. NagaWorld is Phnom Penh’s only licensed casino, and the #1 destination for regional investors staying in Cambodia.The event will invite thousands of local and regional property investors, and help these property seekers understand how to safely invest in this exciting market.With the help of its strategic media partners, Realestate.com.kh is extensively promoting the event locally as well as internationally, to attract all the potential investors of the ASEAN region and mainland China. Official Media Partners of the event are: Business Cambodia, Bizkhmer, Khmernavi/Enjoy Cambodia, Sin Chew Daily, B2B Cambodia, Amcham, Britcham, Cambodia Constructors Association (CCA), Cambodian Valuers and Estate Agents Association (CVEA), PropertyGuru, Property Report, Asian Property Review, PropertyGuru International, Juwai.com, the Khmer Times and La Reine.Thus far, the Cambodia Real Estate show already has over 1500 people registered to attend the show, all of which have registered through our English and Chinese event pages with their phone number and email addresses. A further 1300+ 'interested' in attending on the facebook event page. Being a free event to attend, these numbers are very promising. Additionally, a substantial influx of attendees is expected to come from  within out venue, NagaWorld - as in-room advertising and banner displays advertising will be done during the event days.This event will feature local and international developers, as well as related business with a focus on the property sector and a high value audience. The event is sponsored by Last Mile VR, Seara Sports and Ezecom; and some of those who have already booked their space are: Camhomes/HLH Group; Habitat Condo; Royal HM Trading; Sky31 Condo; NC Maxworld Real Estate & Development; Core PPSEZ; VKirirom; HighLand Condo; GRED/ One Park; Parkway Condo; Elements Condo; Golden One; SC Capital; SkyTree Condominium, Porsche, Mercedez-Benz and Sing Meng Telemedia.During the two days of the Cambodia Real Estate Show, insightful seminars will be run by renowned experts of the industry, including: Sok Siphana, Managing Partner at Sok Siphana & Associates and a member of Zicolaw; Matthew Rendall, Senior Partner at Sok Siphana & Associates, a member of Zicolaw; Anthony Galliano, CEO of Cambodian Investment Management; Jasper Shin, Developer and Real Estate Agent Consultant; Christophe Forsinetti, Chief Operation Officer at JSM Indochina; Simon Griffiths General Manager at Metro Global Pte Ltd and Takeshi Izuka, President of vKIRIROM; Athanasius Pang, Brand Principal, DL Edvance; Jo Chua, Head of International Developers Business for PropertyGuru Group; Benny Tan, Principal Consultant at SC Capital; Tom O’Suvillivan, CEO at Realestate.com.kh; William Nai, Principal Consultant at SC Capital.The Speakers will cover different topics, and all participants will have the opportunity to learn about the following:Economic Growth Prospects in Cambodia, The gateway to the ASEAN Region.vKIRIROM Project DevelopmentForeign Ownership in Cambodia: Regulations and PracticeIntegrating Security to Increase Property ValueTax for Investors: Real Estate Tax Considerations for Cambodian Property OwnersHow Singaporean Investors View The Cambodia MarketThe new Landscape of Property Management in Phnom PenhConsumer Trends in the Cambodian Real Estate MarketIndustrial property & SEZ Investment in Emerging Markets & Benefits of Manufacturing in CambodiaInvestment Opportunities in Chroy ChangvarSihanoukville Rising: Cambodia's Coastal developmentInfrastructure Developments in Cambodia: An emerging hub for ASEAN investorsManaging your Asset: Property Management Considerations For Investors.Cross Border Data Penetration and market Verticals for Real EstateAdmission will be free for all the attendees, so don’t miss out!Register here for FREE:For sponsorship or exhibitor opportunities:Find the best real estate news on Realestate.com.kh
Legal Ownership in Cambodia: CVEA’s Public Forum
Legal Ownership in Cambodia: CVEA’s Public Forum
June 6, 2022, 5:04 p.m.
Realestate News
Events & Announcements
The Cambodian Valuers and Estate Agent Association (CVEA) will be organizing a public forum on “ Legal Ownership in Cambodia ” for all stakeholders and workers in the real estate sector to discuss topics on legal property aspects.  The upcoming Legal Ownership in Cambodia public event will mainly focus on four significant segments which included:Types of property titles in Cambodia from 1979 to 2017How to transfer property title and stamp duty for both soft and hard titleHow to calculate a yearly property’s stamp duty and unused land taxHow to prepare the property, buying, selling, and leasing contractThe Legal Ownership in Cambodia event will be held on February 26, 2017 from 7:30am to 12:00pm at the Cambodia-Korea Cooperation Center (CKCC) in Phnom Penh.The Legal Ownership in Cambodia forum is open to all real estate industry experts, students, and to the general public in order to promote knowledge sharing and learn in regards to Cambodia’ property ownership laws.Entrance will cost $5 for BBA students and $10 for the general public.CVEA members can send up to three representatives from their company free of charge.For more information and for registration about the Legal Ownership in Cambodia forum,  contact Mr. Moth Vanneth through:  Phone: 069 211 268/ 069 527 944, Email:   vanneth@cvea.org.khFind out more the latest real estate news on Realestate.com.kh
Developers bring home the gold in the South East Asia Property Awards 2016 finale
Developers bring home the gold in the South East Asia Property Awards 2016 finale
June 6, 2022, 5:05 p.m.
Realestate News
Events & Announcements
The finest developers and projects in 8 countries collected the Best of the Best honours in real estate. And Realestate.com.kh was extremely proud to be an official media sponsor for the event, alongside the official broadcaster CNN! Malaysia’s Sime Darby Property won the coveted Best Developer (South East Asia) titleThailand collected the most number of regional titles, followed by Philippines, Indonesia, Vietnam and SingaporeAround 400 VIPs and senior industry figures attended the exclusive, black-tie gala dinner  SINGAPORE – 24 November 2016Southeast Asia’s best developers and achievers brought honours and prestige to their respective countries as they competed for the regional titles at the 6th annual South East Asia Property Awards 2016 grand finale event of the prestigious Asia Property Awards series, presented by Hansgrohe and organised by PropertyGuru, Asia’s leading online property group.According to the judges, the Best Developer (South East Asia) winner is an all-rounder with a long-term commitment in the Malaysian real estate industry. “Inheriting its legacy of excellence in plantation, one of the Sime Darby Group’s core businesses, Sime Darby Property is a prominent developer with a 40-year track record of developing sustainable communities and with expertise in property development, property investment and asset management.“Given its significance and constant reinvention, Sime Darby Property is certainly an integral part of developing Malaysia’s history, and now Asia Property Awards history as the 2016 Best Developer (South East Asia).”Accepting the region’s highest honour in real estate, Sime Darby Property’s managing director Dato’ Ir. Jauhari Hamidi commented: “The recognition of Sime Darby Property as the Best Developer not only in Malaysia, but in South East Asia by such esteemed industry experts is further testament of our commitment as a trusted developer. We are honoured to receive this award and our heartfelt appreciation goes to the organisers.”Indonesia, which led the grand final nominations tally with 15 nods, ended up with two regional design awards for Sinar Mas Land and Intiland Development, the Best Developer (Indonesia) winners in 2015 and 2016, respectively.MQDC Magnolia Quality Development Corporation, the Best Developer (Thailand) 2016, led the country’s regional winners, with one design award going to thecompany’s multi-billion riverfront project – The Residences at Mandarin Oriental, Bangkok. PACE Development’s acclaimed MahaSamutr country club and villas project in Hua Hin also took home a South East Asia design award, while Siam Piwat Co Ltd’s Siam Discovery was voted the region’s Best Commercial Development.Two regional winners emerged from the Philippines, including a Special Recognition in Sustainable Design (South East Asia) for renowned green developer ArthaLand for its Bonifacio Global City-based ArthaLand Century Pacific Tower development.Continuing its winning streak, Vietnam’s Deutsches Haus Ho Chi Minh City by Deutsches Haus Ho Chi Minh Stadt Ltd followed up their triple victory at the Vietnam Property Awards with the Best Green Development (South East Asia) title.Singapore’s Chiu Teng Group received another accolade as it was declared the regional winner in the new category for Best Boutique Developer (South East Asia). Singapore collected a total of two regional gongs.Attended by 400 VIPs and senior industry figures from Phnom Penh to Jakarta, the South East Asia Property Awards celebrated the successes of all the country winners following more than a year’s journey that began with the launch of the inaugural Cambodia Property Awards in late 2015, when the 2016 South East AsiaMalaysia’s Sime Darby Property collected its first regional Best Developer (South East Asia) gong, besting other national winners from Cambodia, the Philippines, Myanmar, Thailand, Indonesia and Singapore.Property Awards edition began at the entry stage, until the Indonesia Property Awards 2016 held in Jakarta in October.To date, nearly 190 awards have been presented to the region’s finest real estate developers and developments in 2016. The exclusive gala dinner ceremonies have welcomed about 3,000 guests that included top government officials, global experts, senior industry figures and even royalty, and members of the press.Presented by title sponsor Hansgrohe, the South East Asia Property Awards grand finale was part of the two-day event on 23-24 November at the prestigious Shangri-La Hotel Singapore. The entire event was preceded by the two-day Property Report Congress Singapore, the high-level conference series of Asia’s industry leading Property Report magazine that featured insights from around 30 speakers including Winners and Judges of the Asia Property Awards; the South East Asia Property Awards (Singapore) ceremony in the early evening on the 24th.The much-awaited grand finale event immediately followed the South East Asia Property Awards (Singapore) 2016 ceremony, which saw City Developments Ltd (CDL) crowned the Best Developer (Singapore).“2016 has been a momentous year for the Asia Property Awards. Since starting 11 years ago the Awards have always endeavoured to reward the best in local real estate and produce credible winners with a transparent entry and judging system. We have achieved this goal by developing the most detailed and comprehensive entry system of any property awards in the world,” says Terry Blackburn, founder and managing director of the Asia Property Awards.“Southeast Asia’s property sector has come a long way in the last decade and we are proud to have been a part of that growth,” he added. “It’s been our privilege to work with all the developers who participated in each country over the years and we can’t wait to know who will win at the grand finals this year.”The South East Asia Property Awards 2016 Gala Dinner was supported by co-sponsor Mitsubishi Electric, influential media partners including CNN International, the official broadcaster of the awards, and official property portal PropertyGuru.com.sg, Singapore’s No. 1 property website.For more information, contact info@asiapropertyawards.com or visit the official website: AsiaPropertyAwards.com/singapore/The complete list of Regional and Country Winners in the South East Asia Property Awards 2016:DEVELOPERBest Developer (South East Asia)Borey Peng Huoth Group – CambodiaMegaworld Corporation – PhilippinesShwe Taung Development Co., Ltd. – MyanmarSime Darby Property Berhad – Malaysia – WINNER, South East AsiaMQDC Magnolia Quality Development Corporation – ThailandPT Intiland Development Tbk – IndonesiaCity Developments Limited (CDL) – Singapore Best Boutique Developer (South East Asia)AppleOne Properties, Inc. – PhilippinesGreen Vision Construction Company Limited – MyanmarMitraland Group– MalaysiaSiamese Asset Co., Ltd. – ThailandAsiana Group – IndonesiaChiu Teng Group – Singapore – WINNER, South East Asia DEVELOPMENTBest Villa/Housing Development (South East Asia)Grand Star Platinum by Borey Peng Huoth Group – CambodiaThe Dàlat at 1200 Country Club & Private Estate by Acteam International Co Ltd, a company of the Centurion Global Group Singapore – VietnamMahaSamutr by PACE Development Corporation PLC – Thailand – WINNER, South East AsiaSerenia Hills by PT Intiland Development Tbk – IndonesiaGoodwood Grand by Feature (Balmoral) Pte Ltd (Tong Eng Group) – Singapore Best Condo Development (South East Asia)Acqua Private Residences by Century Properties Group, Inc. – Philippines\The Nassim by SonKim Land & HongKong Land – VietnamThe Gems Garden Condominiums by Capital Development Ltd – MyanmarSerai, Bukit Bandaraya, KL by BRDB Developments Sdn Bhd – MalaysiaThe Residences at Mandarin Oriental, Bangkok by MQDC Magnolia Quality Development Corporation – ThailandThe Mansion at Le Parc by PT Putragaya Wahana – IndonesiaGramercy Park by City Development Limited – Singapore – WINNER, South East Asia Best Commercial Development (South East Asia)SM Seaside City Mall Cebu by SM Prime Holdings, Inc. – PhilippinesDeutsches Haus Ho Chi Minh City by Deutsches Haus Ho Chi Minh Stadt Ltd – VietnamSedona Hotel Yangon (Inya Wing) by Keppel Land – MyanmarMedini 10 by Medini Iskandar Malaysia Sdn Bhd – MalaysiaSiam Discovery by Siam Piwat Co., Ltd. – Thailand – WINNER, South East AsiaSouth Quarter by PT Intiland Development Tbk – IndonesiaMarina One by M+S Pte Ltd – Singapore Best Green Development (South East Asia)ArthaLand Century Pacific Tower by ArthaLand – PhilippinesMenarco Tower by Menarco Development Corp. – PhilippinesDeutsches Haus Ho Chi Minh City by Deutsches Haus Ho Chi Minh Stadt Ltd – Vietnam – WINNER, South East AsiaSerai, Bukit Bandaraya, KL by BRDB Developments Sdn Bhd – MalaysiaWhizdom Avenue Ratchada – Ladprao by MQDC Magnolia Quality Development Corporation – ThailandThamrin Nine Tower 1 by PT Putragaya Wahana – IndonesiaM Social Singapore by Novel Developments Pte Ltd – Singapore Special Recognition in Sustainable Design (South East Asia)ArthaLand Century Pacific Tower by ArthaLand – Philippines – WINNER, South East Asia DESIGNBest Residential Architectural Design (South East Asia)Grand Star Platinum by Borey Peng Huoth Group – CambodiaEmbassy Central by Urbanland Central BKK Co., Ltd – CambodiaUptown Ritz by Megaworld Corporation – PhilippinesThe Dàlat at 1200 Country Club & Private Estate by Acteam International Co Ltd, a company of the Centurion Global Group Singapore – VietnamRosehill Residences by Rose Hill Soilbuild Co., Ltd – MyanmarThe Crystal by Genting Property – MalaysiaMahaSamutr by PACE Development Corporation PLC – Thailand – WINNER, South East AsiaCasa Domaine by PT Griyaceria Nusamekar – IndonesiaThe Mansion at Le Parc by PT Putragaya Wahana – IndonesiaSelong Selo Residences by The Selong Selo Group – Indonesia Best Residential Interior Design (South East Asia)Admiral Grandsuites by Anchor Land Holdings, Inc. – PhilippinesThe Dàlat at 1200 Country Club & Private Estate by Acteam International Co Ltd, a company of the Centurion Global Group Singapore – VietnamThe Gems Garden Condominiums by Capital Development Ltd – MyanmarPuteri Cove Residences by Pacific Star Development Pte Ltd – MalaysiaThe Residences at Mandarin Oriental, Bangkok by MQDC Magnolia Quality Development Corporation – Thailand – WINNER, South East AsiaThe Mansion at Le Parc by PT Putragaya Wahana – IndonesiaBellewoods by Qingjian Realty (Woodlands) Pte Ltd – Singapore Best Retail Architectural Design (South East Asia)SM Seaside City Mall Cebu by SM Prime Holdings, Inc. – PhilippinesJunction City Shopping Centre by City Square Commercial Co., Ltd (a member of Shwe Taung Development Co., Ltd) – MyanmartheCOMMONS by The Commons Co., Ltd – ThailandThe Breeze Lifestyle Center by Sinar Mas Land – Indonesia – WINNER, South East Asia Best Office Architectural Design (South East Asia)ArthaLand Century Pacific Tower by ArthaLand – PhilippinesJunction City Tower by City Square Office Co., Ltd (a member of Shwe Taung Development Co., Ltd) – MyanmarSouth Quarter by PT Intiland Development Tbk – Indonesia – WINNER, South East Asia Best Hotel Architectural Design (South East Asia)Conrad Manila by SM Prime Holdings, Inc. – Philippines – WINNER, South East AsiaSedona Hotel Yangon (Inya Wing) by Keppel Land – MyanmarAVANI Riverside Bangkok Hotel by Minor Hotels – ThailandSix Senses Resort Uluwatu Bali by PT Cahaya Warna Prima – IndonesiaM Social Singapore by Novel Developments Pte Ltd – Singapore Best Hotel Interior Design (South East Asia)Conrad Manila by SM Prime Holdings, Inc. – PhilippinesMelia Ho Tram at The Hamptons by Tanzanite International – VietnamSedona Hotel Yangon (Inya Wing) by Keppel Land – Myanmar – WINNER, South East AsiaAVANI Riverside Bangkok Hotel by Minor Hotels – ThailandSix Senses Resort Uluwatu Bali by PT Cahaya Warna Prima – IndonesiaM Social Singapore by Novel Developments Pte Ltd – Singapore Best Landscape Architectural Design (South East Asia)Melia Ho Tram at The Hamptons by Tanzanite International – Vietnam – WINNER, South East AsiaCeladon City by Gamuda Land – VietnamD'Lagoon by the Lake at Seri Austin by United Malayan Land Bhd (UMLand) – MalaysiaAVANI Riverside Bangkok Hotel by Minor Hotels – ThailandThe New Australian Embassy, Jakarta – IndonesiaSol Acres by MCL Land Limited – SingaporeFind more  real estate news on Realestate.com.kh
Cambodia Construction Industry Expo and Summit 2016, December 1-3
Cambodia Construction Industry Expo and Summit 2016, December 1-3
June 6, 2022, 5:05 p.m.
Realestate News
Events & Announcements
The Cambodia Construction Industry Expo and Summit 2016 is less than a month away and Realestate.com.kh is proud to be official media partner for the event.  Industry professionals from all over the world will gather to plan, discuss, learn, and connect with each other. The event will be joined by construction, financial, architectural, and insurance firms who wish to showcase evolving technologies and services in the field.They said event is strongly supported by different institutions such as the Ministry of Land Management Urban Planning and Construction, Ministry of Labor and Vocational Training, Ministry of Commerce, Board of Engineers Cambodia, Board of Architects Cambodia, the ASEAN Constructors Federation, the International Federation of Asian & Western Pacific Constructors’ Association, and the China-ASEAN Building Material Industry Cooperation.Activities:The Cambodia Construction Industry Summit will feature reports and speeches from esteemed guests such as CCA Chairman Neak Oknha Pung Kheav Se; Chairman of the ASEAN Constructors Federation, Mr. Nattaphorn Bhromsuthi; President OF China-asean Business council, Mr. Xu Ningning, Representative of Neak Oknha Mong Reththy, Phd. Tan Monivann; Vice President of the International Federation of Asian & Western Pacific Constructors’ Association, Mr. Datuk Matthew Tee; Governor of the Phnom Penh Municipality, His Excellency Pa Socheatevong; and the Senior Minister of the ministry of Land Management Urban Planning and Construction, His Excellency Chea Sophara.The Summit will also accommodate reviews and suggestions from delegates that may be passed on to government to improve the industry.The Expo will feature presentations by representatives from companies like the Overseas Cambodian Investment Corporation, Tem Trading M & E Product Co. Ltd., UC Design Build Co. Ltd., KHI Brand, Meng Leng Eav Co. Ltd., Smart Dragons Group Co. Ltd., Camcona Trading (Cambodia) Co. Ltd., CCW Co. Ltd., and Omura Concrete Co. Ltd.And of course, Realestate.com.kh will have a prime booth at this years Cambodia Construction Industry Expo and Summit event! We will be giving away our latest magazine and showing off our latest Virtual Reality Tour products, perfect for making your property listings stand out from the rest!Who’s Invited to the Cambodia Construction Industry Expo and Summit?Cambodia Construction Industry Expo and Summit 2016 will include participants such as property developers, investors, contractors, designers, managers, purchasers, engineers, architects, distributors, and students. The organizers also encourage construction material, water, and plumbing suppliers to exhibit their products and services at the expo. Property Developers, real estate agents, brokers, banks, financial institutions, architects, interior designers, insurance companies, and engineers may also exhibit at the event.The event will take place at Diamond Island in Phnom Penh on December 1 to December 3.Find out more and sign up today!
Xi Jinping’s Hangover: 3 Road and Bridge Infrastructure Projects Will Begin in 2017
Xi Jinping’s Hangover: 3 Road and Bridge Infrastructure Projects Will Begin in 2017
June 6, 2022, 5:06 p.m.
Realestate News
Events & Announcements
A state visit between the  Cambodian government and the Government of the People's Republic of China last 13th and 14th of October 2016 was participated by both Prime Minister of Cambodia and President of China.This visit in Cambodia brought about an agreement and a memorandum of understanding of 31 points related to various fields, including the strengthening of international cooperation, economy and finance (business), taxation, law enforcement, industry and handicrafts, water resource management and  irrigation, environment, and infrastructural construction.Meanwhile, in the afternoon of October 14, 2016, Sun Chanthol – Minister of Public Works and Transport – signed an agreement for 3 major construction projects with China that are expected to begin construction in 2017. The three new projects include the National Highway projects from Phnom Penh to Sihanoukville, National Road project No. 11 from Neak Loeung to Tnal Toteung, and a project for a bridge across the Mekong river, in the area of Kroch Chmar to Steung Trang.National highway Project from Phnom Penh to Sihanoukville:This project will be built and managed by a private company before transferring to the Royal Government. It will be developed by the China Road & Bridge Corporation (CRBC).The whole project will cost a total of about $1,900 million. According to minister Sun Chan Thol, this new project will be serving as a significant, convenient, and fast transportation means for both locals and international visitors moving between the two areas.  National Road Project No. 11 Between Neak Loeung and Tnal Toteung:   This infrastructure project aims to restore the existing National Road No.11 from Neak Loeung to Tnal Toteung that’s developed and managed by the Kwangchow Van An Construction Management Company. The project will cost approximately $98 million and will measure 96,481 kilometers in length and a road width of 11 meters. The Bridge Construction Project Across the Mekong River Kroch Chmar – Steung Trang:This infrastructure project will build a bridge across the Mekong River in Kroch Chmar district, Tbong Khmum province all the way to the Stueng Trang district in the Kampong Cham Province. This project will cost a total of $57 million. It will have a length of 1,131 meters and a width of 13,50 meters.It’s important to note that along with the construction of the bridge, there is also another project being planned as a technical control project over a the bridge in order to control other technical aspects that will be done in cooperation with the Kwangchow Van An Construction Management Company.Among the 31 points in the agreement and the memorandum of understanding between Cambodia and China, there will also be more agreements for other real estate and infrastructure developments that will be done successively in the future such as: Exchange of Note on the Construction Project for Medical Center Cambodia - China Chinese Yuan Loan Agreement for the construction of Road No. 51 Concession Agreement for the development of the Siem Reap - Angkor International Airport Chinese Yuan Loan Agreement for the construction of Second Ring Road City Protocol Agreement for power plants, operating by coal, 450MV power in Sihanoukville Keep up with the latest infrastructure news on Realestate.com.khClick here to download your free copy!
78-Storey Commercial Building Construction will start early next year
78-Storey Commercial Building Construction will start early next year
June 6, 2022, 8:10 p.m.
Realestate News
Events & Announcements
Phnom Penh has undergone surprising changes in the last decade. Commercial buildings and skyscrapers have been and are being built, turning this once haunting ghost city to one of the newest civilized and modern cities in the world.But the changes aren’t quite done yet. A 78-storey commercial building will rise from the ashes for the first time in Phnom Penh where construction will begin in early 2017. This will add to the estimated 600 existing tall buildings – living up to the Asian Development Bank’s designation of Cambodia as "Asia’s New Tiger Economy.”A staff of the Yung Chung Company who does not wish to be named said that “the building design has been completed, and the construction is scheduled to begin in early 2017. The development will reach total completion by 2021, but its showroom will be launched in November this year.” He added that “this building will be a mixed-use development and will include shopping malls, condominiums, hotels, as well as a swimming pool and a rotated restaurant on the 78th floor.”He continues, “The detailed plans of using this building was completed, but details are still confidential at the moment. This project has already been approved by the Ministry of Land Management, Urban Planning and Construction.”Seng Lot, the spokesman for the Ministry of Land Management, Urban Planning and Construction confirms, “The ministry has already agreed to provide a license for Yung Chung Real Estate to construct a building of 78 floors.”Ann Sothida, director of CBRE Cambodia, said that as far as she’s gathered, this mixed-use business center will be built in the future. But the market is not doing good, and that could cause a delay in the construction of the project. She added that with the company’s innovative approach of the building though, this project should not have any problems in the Cambodian market once it is completed. According to her, the project will be located behind “The Bridge” building, which is near Diamond Island (Koh Pich). However, she did not show the feature details of the plan.President of CVEA, Kim Heang, said that “Investors of the skyscraper project will be through a developer from China. The project will also  occupy a total area of 4,500 square meters and will cost lower than $20 million.” He adds that “if the project owner has enough money to complete this huge building project, it will not be a problem for this market.”Once completed, it will become the 2nd tallest building in Phnom Penh, next to the 133 floor Thai Boon Roong twin trade center which is 500 meters high.Dr. Van Vat, Planning Specialist, explains that Cambodia already has a regulation to limit tall buildings. So, if our law enforcement is good, it will not only protect the heritage in the city, but it will maintain the beautiful sceneries and will minimize the environmental impact as well. He continues to say that normally the construction of  such a high building requires the company to have studied all the technical standards, and the specialist from the ministry has to inspect and go over the construction standards to make sure that the company’s complying with the request or not.He adds that "Having these tall commercial buildings, it is a national pride because it is not only improving the economy, but it also provides employment and income for the people as well."Check out the hottest new development homes and offices!This story was featured in the September 2016 print edition of PROPERTY VIEW magazine, produced by the CVEA.Realestate.com.kh is very proud to support the CVEA’s Property View publication. For more information about joining the Cambodian Valuers and Estate Agents Association (CVEA) please click here. And, if you are interested in advertising placement or advertorial in the next edition of Property View Magazine, please contact Mr. Virith via email: virith007@yahoo.com Or call: 078 959 567  or 098 66 26 68