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Monthly Archives: November 2013

Condominium Explosion in The Capital

There is no doubt Phnom Penh is going through a construction boom with new restaurants, offices, serviced apartments, shopping centers, hotels, hospitals and schools being built all over the city. However, one of the key sectors undergoing significant change is condominium development. Bangkok experienced a condominium boom in the 1990s, which changed the skyline of

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Asia Luxury Residential MarketView – CBRE

Q3 2013 CBRE Global Research and Consulting LUXURY HOME PRICES RECORD FURTHER INCREASES BUT RENTS WEAKEN AMID FLAT LEASING DEMAND Overall luxury residential prices in ten major markets in Asia tracked by CBRE Research increased by 1.4% q-o-q in Q3 2013. In Beijing average asking prices surged by 8.6% q-o-q despite repeated government measures to

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Construction Cambodia – CBRE Cambodia MarketView in February 2013

CONSTRUCTION COSTS REMAIN STABLE WHILE PHNOM PENH CONSTRUCION APPROVALS FLUCTUATE QUARTERLY Construction costs year on year have increased on average by 1.36% compared to Cambodia’s inflation rate projected at 3.5% for 2012. The minimal increase and costs remaining broadly stable can be attributed to the competitive market conditions and labour cost remaining the same year

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Hotel Market, Cambodia in January 2013

CAMBODIA’s TOURISM SECTOR GROWS IN STRENGTH WITH TOURIST AND BUSINESS ARRIVALS INCREASING Siem Reap The market outlook for the hotel industry in Siem Reap is positive with strong growth recorded in 2012 and already during 2012 – 2013 ‘peak’ (2012 – 2013) season, with some hotels recording their highest occupancy rates since 2007. With tourism

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