Monthly Archives: January 2018
Fearless Forecast 2018
CBREC – Fearless Forecast 2018
CBRE Cambodia’s 2018 Fearless Forecast Presentation | Presented by Marc Townsend, Chairman, CBRE Cambodia
30th January 2018, 8:00am – 11:00am | Sofitel Phnom Penh Phokeethra Hotel,
CBRE Cambodia’s Fearless Forecast presentation endeavors to provide a high-level overview of what to expect in Phnom Penh and Cambodia’s property markets over the course of the coming 12 months, as well as a look back at 2017. The Fearless Forecast covers the following areas; Economic Overview, Land and Investment, Condominiums, Office, Retail, Industrial, Hotels and Alternative Investments.
Click here to download a copy of the presentation.
Colonial Mezzanine Studio Apartment
Stunning Colonial Mezzanine Studio Apartment is now available to rent at Riverside, Daun Penh. It has nice lay-out and original tiles. It is also very specious for a studio and has 65 m2. It is fully furnished apartment.
This property has been checked by UN/NGO/Embassies and has been approved as a save place to live in.
*Pet friendly accommodation.
Rent Excludes:
- Utilities, small parking fee for motorcycles, car park available near the apartment
- Management fee $30 p/m (Security 24-H, Maintenance of the building and all ACs regularly checked, Elevator checks, Cleaning common areas)
Colonial Style 2/3-Bedroom Apartment
Riverside Building, Duplex apartment in one of the best location in town: Riverside
It has 2 bedrooms, one of them very large, plus a study. This apartment could be easily converted into 3-Bedroom on a request of the tenants.
It is a rare colonial style apartment, with high ceilings and a visible wooden roof frame, a spectacular wood staircase, and a beautiful terrace overlooking the Tonle Sap river.
A parking space is available in front of the building, which is a rare occurrence in that area of the city, and a very precious feature considering the increasing difficulty to park on that part of the Sisowath Quay.
Landlord completed a few months back a very thorough renovation of the apartment, bathrooms and toilets, terrace, kitchen appliances, air-conditioners are all close to new.
A quick summary of the main features of the apartment:
– A truly colonial building.
– Duplex overlooking the Quay, with a nice upstairs terrace on the Tonle Sap.
– Completed renovation.
– New A/C, new appliances.
– Art deco style furnitures.
– Expats inhabited building.
– Parking space downstairs.
*This is UN/NGO/Embassy approved prop
Phnom Penh MarketView – Q4 2017 – CBRE Cambodia
HIGHLIGHTS
Approved construction investment in Cambodia saw a
22% increase y-o-y during 2017. A total of 3,418
projects with a combined value of 6.8 billion USD
were granted permission across the Kingdom.
During 2017, average land prices across the capital’s
principal districts grew by 6.6% y-o-y.
Average quoting prices for affordable condominiums
depreciated by 2% compared to last quarter, while
quoting price for high-end condominiums increased
by 1% q-o-q.
Occupancy of multi-let office space reached the
highest rate since 2009, standing at 82.7% by the end
of 2017.
Please click here to download the report.
Phnom Penh MarketView – Q4 2017 – CBRE Cambodia
HIGHLIGHTS
Approved construction investment in Cambodia saw a
22% increase y-o-y during 2017. A total of 3,418
projects with a combined value of 6.8 billion USD
were granted permission across the Kingdom.
During 2017, average land prices across the capital’s
principal districts grew by 6.6% y-o-y.
Average quoting prices for affordable condominiums
depreciated by 2% compared to last quarter, while
quoting price for high-end condominiums increased
by 1% q-o-q.
Occupancy of multi-let office space reached the
highest rate since 2009, standing at 82.7% by the end
of 2017.
Please click here to download the report.
4 FRONTAGES IN TOUL KORK DEVELOPMENT SITE FOR SALE
The property is operating as a local market, with retail space spread over two storeys. It has four road frontages and is located in a high density area within the up and coming Toul Kork district. The property also benefits from low flood risk and is not subject to any height restrictions, making it ideal for commercial activities. At present the property houses 190 tenants and produces a monthly revenue of US$9,000. The site is ripe for redevelopment to a commercial or residential use, including high-rise development.