Phnom Penh condominium rental prices down 11% by year-end 2020
The year 2020 has been a tumultuous year for Phnom Penh’s property market.
Category: Property
Toul Kork to expect 4 more shopping destinations by 2021
The compact area of Toul Kork is expecting 4 additional shopping destinations by 2021.
Cambodia’s real estate market ‘to recover by 60 percent this year’’
Managing Director of CBRE Cambodia, Ann Sothida predicted that Cambodia’s real estate market will improve by 60 percent in 2021 compared with 2020, yet expected it to be lower than 2019 baselines.
Oldest city in the Americas under threat from squatters
Having survived for 5,000 years, the oldest archaeological site in the Americas is under threat from squatters claiming the Coronavirus pandemic has left them with no other option but to occupy the sacred city.
7 districts close 2020 with up to 30% lower median condo prices
Kingdom’s construction and property sectors have been on a slump for most of 2020.
Featured properties of the week
Vue Aston is a high-rise residential project in Chbar Ampov district with a great view of the mighty Mekong River.
Virus leaves some projects awaiting construction dates, but not The Palms
MLMUPC approved around 2,500 construction projects in the first six months of 2020.
Pandemic’s robot ‘heroes’ highlight their value domestically at top tech virtual show
Robots that helped people survive and stay safe over the past year are touting their value at the tech industry’s annual extravaganza amid a pandemic which has given fresh momentum to the robotics sector.
NBC: 4% economic growth in 2021 lays groundwork for property sector recovery
The construction and property sector of Cambodia may see a gradual recovery in 2021.
Proposed land management and urban planning law moves forward
Property sector is expected to rebound swiftly once the pandemic is over.
Wind powers more than half of UK electricity for first time
Wind power accounted for more than half of Britain’s daily generated electricity on Dec 26 in the wake of Storm Bella, warming more homes than ever, according to energy giant Drax.
Weekly property feature Hot condominium projects in Phnom Penh
Le Condé BKK1 is the biggest landmark smart home condo in the hot location of BKK1.
Residential rental market resilient amid new COVID-19 fears
Phnom Penh’s rental market remained broadly unaffected.
Properties on sale under $70,000 Online Year-End Property Sale
Stamp duty tax for properties under $70,000 has been extended!
Jackson’s Neverland ranch sold to US billionaire at discount
Michael Jackson’s former Neverland Ranch in California has sold to US billionaire Ron Burkle, his spokesman said Thursday, reportedly at a steeply discounted price of around $22 million.
Food courts adapting to changing times
Food courts are a go-to for many mall-goers and they are one of the magnets that draw in custom. In Phnom Penh, it is common to see food courts packed with families and friends getting together for dinner.
Phnom Penh properties ON SALE! Online Year-End Property Sale 2020
The Online Year-End Property Sale 2020 is still on-going!
Foreign investors remain upbeat over Cambodia
Foreign investors’ interest and confidence on Cambodia has not waned.
First local transmission to extend pressure on property market
The year 2020 has been a tough year for Phnom Penh’s property sector, particularly in the high-end spectrum of the market.
Tech stars quit Silicon Valley citing politics and pandemic
Silicon Valley is seeing departures of some of its high-profile stars as a pandemic-linked shift to remote work and political polarisation has dulled the allure of the key tech industry hub.
Reclaimed Mekong riverbank to become satellite city
Authorities lease +70 hectares to Khun Sea satellite city development site for condos.
Meanchey, Chbar Ampov as new shopping hotspots in 2021-2023
The Kingdom’s shopping scene hit another speed bump as the country grapples with a renewed series of COVID-19 cases.
Safety key when arriving in Kingdom
Following audits carried out by the Airport Council International (ACI), Phnom Penh, Siem Reap and Sihanoukville airports have received Airport Health accreditations (AHA).
China’s Yangtze fishing communities adapt to life on land
Yang Zeqiang’s boat chugs across the Yangtze ferrying a few people and sacks of grain – his new source of income after all fishing was halted along China’s longest river in the name of environmental protection.
Great deals on Phnom Penh condos today! Online Year-End Property Sale 2020
This week, we’re featuring condominiums in Phnom Penh with great locations; close to big malls, schools, and many more essentials of modern urban living.
Local property companies honoured with industry awards
Two Cambodia companies were among the winners at the PropertyGuru Asia Property Awards Grand Final 2020.
Newly thought out strategy for the Mekong
Ministerial delegates from MRC Council approve a list of strategic documents.
Retail foot traffic drop 25% following November 28 incident
Retail and entertainment foot traffic dropped by 25% on November 29-Dec1.
US House votes to open US doors to Hong Kong residents to live temporarily
The US House of Represen- tatives voted to welcome Hong Kong residents to live temporarily in the United States, vowing to be a beacon for rights as China clamps down in the territory.
Limited-time deals on the hottest boreys! Online Year-End Property Sale 2020
If you’re looking for a borey home, the Year-End Property Sale 2020 is your chance to get a good deal on the best boreys in town. Register for free and get your event-exclusive discounts today!
