Condo supply to reach nearly 50,000 units this year and 70,000 units by 2023
PHNOM PENH: According to a report by an international company, there will be no new supply in the condo market in the third quarter of 2022, but the supply is…
Another ground breaking for an $1.5 billion mixed-used building in the capital
PHNOM PENH: SUNWAH GROUP, an investment firm with three decades of experience in Cambodia, has decided to invest $1.5 billion to develop a 60-storey condominium and mixed-use commercial center in…
The real estate market in southern Phnom Penh is improving
PHNOM PENH: The southern part of Phnom Penh expects to become a new economic corridor, combining residential, commercial, and industrial projects. The local real estate market remains active for sale…
Cambodia’s housing demand exceeds 50,000 per year
Between 2015 and 2030, the demand for housing in Cambodia is approximately 800,000 units, as per the Royal Government’s policy plan, which means an average annual demand of 50,000 to…
20,000 units housing project completed last year
COVID-19 cannot stop the housing development in Cambodia. A study by Century 21 Zillion Holding reports that there were about 62 housing development projects in Cambodia last year, with 20,000…