Post Property

Post Property

Senior minister and MLMUPC minister Chea Sophara (centre left) at the inking of the MoU last Thursday. MLMUPC WEBSITE

Government attempts foray into low-cost housing

The Ministry of Land Management, Urban Planning and Construction (MLMUPC) is ramping up efforts to develop housing projects for its lower and middle class citizens, recently inking a memorandum of understanding (MoU) with contractin

Thu, 9 March 2017 Vandy Muong
The building of the Ministry of Economy and Finance, which has pledged to crack down on illegitimate real estate agents operating in the Kingdom.

Equipping property agents with professional licenses

For those interested in a career as a real estate agent, Century 21 Cambodia, in collaboration with the University of Economics and Finance, will spearhead a training course that has the Ministry of Economy and Finance’s (MEF) stamp

Thu, 9 March 2017 Siv Meng
Infrastrucutre development continues to crop up in Banteay Meanchey province. Photo supplied

Banteay Meanchey undergoes infrastructure boost

Banteay Meanchey province, nestled between the better known provinces of Siem Reap and Battambang, once suffered from a lack of business activity partly due to a long-running border dispute with Thailand.

Thu, 9 March 2017 Vandy Muong
An excavator in action in Makak commune.

Buyer activity heats up in Ang Snoul district

Land and properties in the Ang Snoul district, southwest of Phnom Penh, are currently enjoying a spike in land value in line with construction progress of a new bridge and road, drawing the interest of local investors.

Thu, 9 March 2017 Moeun Nhean
At the Bavet border, which is part of Svay Rieng province. Photo supplied

Svay Rieng and Prey Veng neglected by investors

After the massive development of Cambodia’s longest bridge, the Neak Loeung Bridge, in 2015, little else has been happening on the infrastructure front in Prey Veng.

Thu, 2 March 2017 Siv Meng
An artist’s rendition of the project in Sihanoukville. Photo supplied

$30 million timeshare project readies to kick off construction

A luxury condominium project in Sihanoukville that will operate on a timeshare basis – a first in Cambodia – is set to begin construction soon in time for completion in 2018.

Thu, 2 March 2017 Siv Meng
Boreys are taking it upon themselves to offer unique and price-efficient payment schemes to potential buyers in a scramble to end the decline in borey sales.

Lagging market absorption of boreys could persist

A report released this week by property and asset valuation company, VTrust Appraisal, focused specifically on the state of Phnom Penh’s bo

Thu, 2 March 2017 Hanamariya Halim
CMS CEO and founder Jovany Antonio says it's an exciting time to be working in real estate in Cambodia, with growing residential supply set to raise the bar for the level of professional property management on offer. Photo supplied

Growing real estate market to yield dividends for property management

After working in Los Angeles’ cut throat world of real estate investment for 15 years, Jovany Antonio saw an opportunity to take his skills and experience to Cambodia.

Thu, 2 March 2017 Lauren Barrett
The Internatioanl School of Phnom Penh is somewhat of a rarity in its location, given it is in proximity to boreys and villas.

Schools add value to property, but developers remain indifferent

Although schools and hospitals help add value to borey projects and major residential developments, many new dwellings in Cambodia neglect these community services, reflecting the sales-orientated mentality of many development compa

Thu, 23 February 2017 Moeun Nhean
Phnom Penh’s headache-inducing traffic congestion calls for major infrastructure upgrades.

Infrastructure development struggles to keep pace with needs of a growing city

City expansion and the fast rate of private-sector development are causes for celebration.

Thu, 23 February 2017 Siv Meng