After the success of the first show in May this year, the Cambodia Real Estate Show will be back on October 6 and 7 at the NagaWorld Hotel in Phnom Penh to provide a forum for local and international property investors to survey the current offerings of the local real estate market.
The last show attracted more than 3,000 guests from across the region and resulted in over $3 million 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 three projects at the show – Bodaiju Residences, Borey Maha SenSok and Arata Garden Residences – achieved a great result. It had 21 unit bookings and reservations for current selling projects and the upcoming project, Arata Garden Residences,” confirmed Ms Kelly, the Deputy Sales and 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 focused on the online sphere, generating sales and rental inquiries through the website platform for a host of agency and developer clients.
Tom O’Sullivan, the CEO of Realestate.com.kh, said: “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 will exposure Cambodia and 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, ” added Mr O’Sullivan.
In the October show, realestate.com.kh is confident it 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 to understand 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 are always a prime concern.”
Speakers at the May show included experts in the real estate sphere such as Sok Siphana, the 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 programme 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,” said 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 last show.
“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 organised by the Realestate.com.kh team.”
Nara Cheng is a Content Writer @Realestate.com.kh