Kingdom’s construction and property sectors have been on a slump for most of 2020.
Authorities lease +70 hectares to Khun Sea satellite city development site for condos.
Get an insight into the actual situation of Phnom Penh’s high condominium properties.
The global economic slowdown from COVID-19 has caused multiple industries to review their economic outlook for 2020, and even 2021.
Condominiums and boreys are tagged to be the hardest hit during the pandemic.
Huangshan International is a newly inaugurated high-end mixed-use project.
Condominiums are arguably the hottest type of real estate in Cambodia. Less than a decade ago, however, there were only a few condo projects in the capital.
Infinity 28 condominiums held its soft opening with a dinner buffet on April 27, 2019 atChroy Changvar, Phnom Penh joined by the honoree, The new Malaysian Ambassador Mr. Eldeen Husaini Mohd Hashim.
The supply of condominiums in Phnom Penh rose moderately in the third quarter, adding 2,374 new units to the market.
Cambodia is considered one of the fastest growing economies in Asia. Without a doubt, this growth has driven rapid progress in real estate.
Growth in the local property sector remained robust in the second quarter of 2018.
The area near Phnom Penh’s iconic Olympic Stadium has undergone a transformation in the past two years.
The year 2018 is already off to a roaring start in terms of the kingdom’s foreign investment.
Urban Living Solutions is now selling an affordable, luxury condo project in northern Phnom Penh to provide a more comfortable city-living environment.
Star5 is involved in real estate investment, development, construction and acquisition and is based in Phnom Penh.
A $200 million, 78-storey building containing condominiums, shopping malls, apartments, hotels and offices is being planned for Phnom Penh.
Construction investment during the first nine months of the year reached $5.63 billion, up 22 percent over the same period last year.
The supply of condominiums has kept increasing in the second quarter of this year, while the sale price for condos saw a very slight increase.