Estatedia

REAL ESTATE

Sihanoukville sees a new $168 million five-star hotel project

PHNOM PENH: After a long wait, the Huanhai Platinum International five-star hotel project was finally put up for auction on October 20-22, 2022, and construction was recently announced. The Chinese company “HUAN HAI BO LAI INTERNATIONAL INVESTMENT CO., LTD” is in charge of the five-star hotel project Huanhai Platinum International. The building has a total …

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Construction loans reached over $4.6 billion in the third quarter

PHNOM PENH: Cambodia’s construction sector is expected to recover by 3% in 2022 as lending to the sector expands. In the third quarter of 2022, construction loans totaled more than $4,600 million. In the third quarter of 2022, banks and microfinance institutions loaned more than $4.6 billion to the construction sector. Bank loans accounted for …

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Properties sold $1.5 million in a two-days showcase event

PHNOM PENH: Over the weekend, Realestate.com.kh collaborated with some of the country’s leading property developers for an exclusive property showcase, an invitation-only event, at its showroom in Phnom Penh. Participating developers included Le Condé BKK1, Morgan Group, Urban Living Solutions, Vue Aston, and Times Square. Over USD $1.5 million in property was sold over the …

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Cambodia to have over 200 infrastructure projects for the Logistic Development master plan

PHNOM PENH: The Royal Government of Cambodia has been modernizing its transportation infrastructure and developing a better logistics system to achieve its national development goals of becoming a high-middle-income country by 2030 and a high-income by 2050. On the evening of November 15th, CBRE hosted a workshop “Industry Revolution 2022” with participation from relevant public …

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Government approved 20 residential projects in 9 months

PHNOM PENH: Residential construction (Borey Housing) activities will continue to run smoothly in 2022, with several housing developers carrying out construction activities to meet the needs of their customers. According to a Ministry of Land Management, Urban Planning, and Construction report, the Ministry issued permits for the construction of 20 Borey housing projects in the …

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