We’re delighted to share the weekly news highlights below. Apple manufacturer invest in $120M plants in Vietnam Renowned Taiwanese contract manufacturer, Quanta, responsible for producing MacBooks for tech giant Apple, has recently entered into an agreement with Vietnamese authorities to construct a remarkable factory worth $120 million. May 09, 2023 | Construction Property | Link: […]

We’re delighted to share the weekly news highlights below. Svay Rieng Province Flourishes with 12 Special Economic Zones and 264 Factories Svay Rieng Province has emerged as a thriving business hub with the establishment of 12 special economic zones since 2005. Nine locations are currently operational, hosting a total of 264 factories, enterprises, and establishments, […]

We’re delighted to share the weekly news highlights below. Tboung Khmum Builds Almost 3000km of Road and Completes NR 71C Over 70% In the last five years, Tboung Khmum provincial administration has made significant strides in enhancing infrastructure development with the construction of over 2,698km of roads across the province. April 20, 2023 | Construction […]

We’re delighted to share the weekly news highlights below. Makro to invest over $800M to expend business Siam Makro Plc, the operator of Makro cash & carry stores and Lotus hypermarkets, has announced plans to invest 25.3-27.5 billion baht (over US$800 million) this year to expand its retail and wholesale businesses. According to Saowaluck Thithapant, […]

Do you know that residential properties in Cambodia have upgraded to be more modern and available compared to the last decade? It is now easier to find residential properties suited for living and also for investing in the long term. If you are among the many in this pursuit, you will be pleased to check […]

CBRE Cambodia, a leading commercial real estate services provider in Cambodia, has won the Cambodia Real Estate Award 2023 for Real Estate Agency of the Year and Property Management Firm of the Year. The awards were presented at a prestigious ceremony held in Phnom Penh on April 7, 2023. The Cambodia Real Estate Awards recognize […]

People tend to identify success in many different ways, and for some, having their own real estate properties is counted as being successful. This is because owning real estate properties, especially residential properties gives them a sense of stability, independence, and control over their finances and life decisions. However, owning residential real estate does not […]

In a lively and rapidly growing city like Phnom Penh, owning residential properties within the city can be quite costly. For young adults and entrepreneurs, living in the city can offer more conveniences in their daily life than living in the suburbs of the city. If you are one of the people looking for a […]

We’re delighted to share the weekly news highlights below. New road connecting Monivong Bokor National Park to NR4 completed 100% A new road connecting Monivong Bokor National Park to National Road No. 4 has been completed 100% as of 9 April 2023. According to the direct inspection of the construction site by Duke Dr. Sok […]

We’re delighted to share the weekly news highlights below. Techo Int’l Airport construction progress reaches 44% completion The construction of Phnom Penh’s Techo International Airport has reached over 44% completion, according to Deputy Governor of Kandal Province. In addition, the authorities are currently working to resolve any issues affecting the project. The construction of the […]

We’re delighted to share the weekly news highlights below. Strategic Partnership MOU between OCIC Group and CBRE Cambodia OCIC Group and CBRE Cambodia have entered into strategic partnership to further develop investment opportunities in the real estate market in Cambodia. March 23, 2023 | EAC News | Link: https://bit.ly/3GbeEzz Cambodia-Chinese Accelerate Phnom Penh-Poipet Expressway Project […]

We’re delighted to share the weekly news highlights below. Singapore’s Energy Market Authority agrees to import ‘low carbon’ electricity from Cambodia The electricity from solar energy, hydropower, and potentially wind power, supported by battery energy storage systems or pumped storage hydropower, will be transmitted from Cambodia to Singapore via new subsea cables of more than […]

What to do before Putting a Residential Property up for Sale? Listing a property on sale is one of the hardest processes where property owners have to invest so much time and energy into it. Most of the time, it can take up to years to finally get the property transacted. In general, buyers consider […]

Cambodia Real Estate Agents – What can they do for you? The real estate industry sometimes can be quite stressful whether you are a first-timer or have been involved in the industry for a while. The buying or selling process of a property involves market research, property inspection, contract negotiation, legal paperwork, and the transfer […]

We’re delighted to share the weekly news highlights below. VN launches $76M project for road connecting Quang Nam province to KH, Laos and Thailand A road upgrade project connecting Quảng Nam Province to the Central Highlands region and neighbouring countries was launched on Tuesday by the transport ministry and the provincial People’s Committee. March 13, […]

We’re delighted to share the weekly news highlights below. Construction of US$38M Koh Pic-Koh Norea Bridge 62% complete The construction of the Koh Pich-Koh Norea cable-stayed bridge is now 62% complete as of March 4, 2023, according to Phnom Penh’s Department of Public Works and Transport. With a budget of US$38 million, the bridge is […]

During the rapid development of the real estate sector in Cambodia, property supply has increased significantly to respond to existing demand which results from population growth, living standard improvement, and increasing foreign investment. However, the oversupply can lead to an excessive amount of unsold properties in the market. As a result, the property price declines […]

According to the Asian Development Bank (ADB), the projection for Cambodia’s economic growth forecast for 2023 was lowered from its initial projection of 6.5% to just a 6.2% growth rate as a result of the impact of the global economy. It indicates that the economy is uncertain and vulnerable to changes by both domestic and […]