Koh Krabey resort changes hands

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VietStock FI English 3 week(s) ago

A resort being built on Koh Krabey which has been touted as Cambodia’s “first ultra luxury, private island wellness retreat” has changed management, with the renowned Six Senses chain taking over operations.

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Bonna yet to resume work duties

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VietStock FI English 3 week(s) ago

Having been released on bail last week after spending almost two weeks in prison, Sung Bonna, chairman of Bonna Realty Group, has yet to return to work.

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Industrial real estate could be safe option against market uncertainties

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VietStock FI English 3 week(s) ago

Some developers who are retracting from the already crowded residential and commercial segments are seeing the potential in industrial development as a hedge against a potentially stagnant residential market from 2018 onwards.

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With EXCHANGE SQUARE, Hongkong Land raises the bar for quality mixed-use developments

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VietStock FI English 3 week(s) ago

Having steadily built up its presence in Southeast Asia over the course of more than 20 years, Hongkong Land has arrived in the Kingdom of Cambodia with a market-leading Grade A office building and lifestyle retail mall, EXCHANGE SQUARE, which is on track to complete by the end of this year.

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Kingsland Global: Bringing value and values to the Cambodian market

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VietStock FI English 3 week(s) ago

Kingsland Global: Bringing value and values to the Cambodian market

Tracing its origins from Kingsland Development, which has over 37 years of experience in the property development scene across Singapore and Malaysia, Kingsland Global is excited to extend its property development expertise to more territories around the globe - none less than Cambodia.

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Fifth freedom to open Kingdom’s airspace

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VietStock FI English 3 week(s) ago

The National Assembly yesterday approved a draft law on the implementation of the fifth freedom of the air, a commercial aviation right that grants airlines the privilege of using Cambodian airports as a stop-over on scheduled flights between their home country and another country.

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Water supplier blames losses on forex rates

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VietStock FI English 3 week(s) ago

Listed utility Phnom Penh Water Supply Authority (PPWSA) said in a filing to the Cambodian Securities Exchange (CSX) yesterday that a sharp decline in net profit during the first three months of the year was the result of exchange rate fluctuations.

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Taiwanese bank to buy remaining slice of UCB

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VietStock FI English 3 week(s) ago

Taiwanese bank to buy remaining slice of UCB

Taiwan's E.SUN Commercial Bank plans to purchase the remaining 25 per cent stake in Union Commercial Bank (UCB), giving it full ownership of the small Cambodian lender.

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Shukaku opens new Boeung Kak Lake chapter

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VietStock FI English 3 week(s) ago

Shukaku opens new Boeung Kak Lake chapter

The development of former Boeung Kak Lake in central Phnom Penh has been one of the most controversial and, at the same time, one of the most ambitious real estate development projects in recent Cambodian history. And now a new chapter in the development of the area is about to begin.

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Beach makeover has cultural significance

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VietStock FI English 3 week(s) ago

The National Committee for Beach Management and Development, having been appointed by the Ministry of Land Management, Urban Planning and Construction (MLMUPC) to manage a re-development project of Sihanoukville’s beaches, has revealed early-stage plans for the makeover, which will involve constructing several gates for the various beaches in order to attract more local and international tourists.

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Phnom Penh attracts big-name hotel brand

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VietStock FI English 3 week(s) ago

International hotel brands are fast identifying Phnom Penh as a city with favourable growth in the hospitality sector, with the Marriott emerging as the latest global hotel chain to make inroads in the Kingdom.

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Crackdown on foreign ownership laws

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VietStock FI English 3 week(s) ago

As a result of the Ministry of Land Management, Urban Planning and Construction’s (MLMUPC) decision to enforce long-standing soft title ownership regulations, all khans (districts) of Phnom Penh will stop allowing the processing of titles under a foreigner’s name.

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Realestate.com.kh seller’s tips: Improve your listing quality and sell faster

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VietStock FI English 3 week(s) ago

Traditionally, to sell or rent a house all you had to do was make an appointment with the buyer, use a bit of the “real estate agent charm” and show them some properties that best suit their needs. But those days are over.

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Teng Boonma’s achievements noted by a handful

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VietStock FI English 3 week(s) ago

Last week’s passing of Teng Boonma, one of the richest tycoons in Cambodia, does not seem to resonate with everyone in the Kingdom.

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MLMUPC to forbid plotted land sales

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VietStock FI English 3 week(s) ago

Plotted-land selling, which became popular earlier this year, is becoming cancerous because of the irregularity in issuing proper certificates, according to industry experts.

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