Phnom Penh MarketView, Q4 2015 – CBRE Cambodia
Central Phnom Penh enjoys broad rise in values
Strong take-up across new mid-rise office developments continued over Q4, 2015.
Hongkong Land’s mixed-use development, Exchange Square, comprising approximately 18,000 sq.m of office and 8,000 sq.m of retail space, continues construction, with completion on track for Q4, 2016.
Total of 689 condominium units, across 5 projects, announced during Q4, bringing the total number of off-plan condominiums launched over the course of 2015 to 7,014 across 26 buildings.
Total of 5 developments, comprising strata-title office space for sale off-plan, announced over the course of 2015.
Strata-title office space to account for approximately 25% of total office stock by 2020.
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