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New highway connecting Phnom Penh and Ho Chi Minh Announced

New highway connecting Phnom Penh and Ho Chi Minh Announced

Minister of Transport Truong Quang Nghia, and Sun Chanthol, Minister of Public Works and Transport, Cambodia on April 25 signed a memorandum of understanding on construction of HCMC - Moc Bai and Phnom Penh - Bavet expressways. This memorandum is part of the four important documents signed during the...

Insider Analysis: Market Leaders Analyse 2017 Prospects

Insider Analysis: Market Leaders Analyse 2017 Prospects

In this edition of Realestate.com.kh's Insider Analysis, market leaders share their reviews of 2016 and forecasts for 2017 in regards to Cambodia's real estate market. Kuy Vat, Chairman & CEO of Century 21 Cambodia Looking Back: As 2017 begins, what do you believe was the defining theme...

Asia Property Awards 2017 programme revamped to include 14 markets

Asia Property Awards 2017 programme revamped to include 14 markets

Now celebrating its 12th year, the region’s most prestigious real estate awards series goes Asia-wide New markets joining the 2017 series include Mongolia, Laos, Sri Lanka, India and the Maldives China, Hong Kong and Macau will be in incorporated into the two-night grand finale in Singapore Country winners will...

UBER Cambodia: launching soon?

UBER Cambodia: launching soon?

With Cambodia’s growth as an emerging economy in the global market, it is inevitable for new technological advancements to also penetrate through to different industries. One such industry though is the transport sector, where the country is slowly trying to catch up with its neighbors – specifically, in terms...

SOMA Construction and Development Co., Ltd takes part in the construction of AEON Mall Sen Sok City ( AEON Mall 2)

SOMA Construction and Development Co., Ltd takes part in the construction of AEON Mall Sen Sok City ( AEON Mall 2)

SOMA Construction and Development Co., Ltd is a subsidiary of SOMA Group Co., Ltd and is now working as one of subcontractors under supervision from main contractor,  HYUNDAI Engineering (Cambodia) Co., Ltd. for the reinforced concrete works Zone A of the AEON Mall 2 -- covering 4/10 of the entire...

Buy Land in Cambodia through a locally-incorporated company

Buy Land in Cambodia through a locally-incorporated company

Article 44 of the Constitution of the Kingdom of Cambodia implicitly states that foreigners aren’t allowed to own land in the country. However, there are many ways foreigners can Buy Land in Cambodia. One of this ways is buying land through a locally-incorporated company, either a limited liability company...

National Bank cuts Interest Rates to 18%

National Bank cuts Interest Rates to 18%

Loans interests update: the National Bank of Cambodia's announced on the 3rd of March 2017 their decision to cut down interest rates of loans of all the banks and micro finance institutions (MFI) in Cambodia to 18% per year. Having set the interest rates to a low 18 percent a...

Japanese show New Khmer Architecture to Cambodian youth

Japanese show New Khmer Architecture to Cambodian youth

Khmer architecture was very popular during the 1960s, especially the projects of Vann Molyvann, who built many architectural masterpieces in both Cambodia and abroad. During the 60’s, local architects such as Molyvann were heavily influenced by another Asian country, Japan.   To showcase the fusion of these two cultures...

Construction insurance policies: The main things to know before starting any construction work in Cambodia

Construction insurance policies: The main things to know before starting any construction work in Cambodia

A study​​ of the Cambodian construction market shows that many developers and builders still forget to take out construction insurance policies before starting any construction work and are therefore in breach of the applicable law. In such a case, the financial risks for owners and builders are very high and can significantly...

Phnom Penh: Riding Through Waters

Phnom Penh: Riding Through Waters

As more and more modern developments rise in Phnom Penh, the issue of city space and how to move around pops up even more frequently. And while, high-rise buildings have become a staple in the capital, it still has not managed to help ease the traffic woes in the...