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Realestate.com.kh signs MOU with Fazwaz Cambodia
Realestate.com.kh signs MOU with Fazwaz Cambodia
June 7, 2022, 6:32 a.m.
Realestate.com.kh has signed a Memorandum of Understanding (MOU) with the FazWaz Group for the Cambodian market; a move that is set to be a massive boost for Realestate.com.khโ€™s existing client base which includes the leading real estate agencies, agents, and property developers in the country.Both Realestate.com.kh and FazWaz are focused on building tech-related solutions to solve real estate related issues which include searching and finding available real estate as well as assisting property seekers through the buying process.ย Real estate agencies and property developers in Cambodia, through this partnership, will have access to even more leads via FazWazโ€™s growing international network including markets such as Thailand, Vietnam, Singapore, and more. While FazWaz will primarily focus on new developments in Cambodia, there is no stopping the benefits it will also provide to real estate agencies and agents in the local market.ย What does this mean for real estate agencies in Cambodia?ย Existing agencies and agents that have an account on Realestate.com.kh gain access to what FazWaz Cambodia has to offer such as property listings automatically appearing on FazWaz. Additionally, registered agents on Realestate.com.kh will gain leads flowing from FazWazโ€™ international network.Separately, FazWaz is also seeking partnerships with agencies in Cambodia that are interested in the condominium / new development market.ย What does this mean for property developers in Cambodia?ย Similar to real estate agencies, existing account holders in Realestate.com.kh are eligible to get easy access to FazWazโ€™ team of sales-driven team of in-house agents. Additionally, new developments that come onboard will be given assistance through guiding property buyers in the process and closing deals for their convenience.Ex-colleagues reuniteย The CEO of Realestate.com.kh noted, โ€œWe admired the way FazWaz was digitalizing the real estate process in Thailand over the last few years and started to talk to them when they launched in Cambodia in late 2019 as the synergies were very clear for both of us and we are extremely excited to get out and speak to our customers about providing even more value to them, we know this has been a tough year for the real estate industry so we hope this comes as some welcomed positive newsโ€ย Oโ€™Sullivan went on to say โ€œJovany (Antonio) was advising FazWaz during the start-up phase here in Cambodia, who is someone we know well which made the communication around the terms of the MOU very smooth, in addition, the recently appointed CEO of FazWaz, is the ex-GM of Realestate.com.kh who left us in 2018 so I am pretty excited about working closely again with him and his teamโ€ย James Whitehead, CEO- FazWaz Cambodia noted โ€œIโ€™m super excited to be back in Cambodia, I know the Realestate.com.kh team very well and we are delighted to have Moek Chenda the founder of Realestate.com.kh as a Business Development Manager onboard FazWaz. I am also looking forward to marketing with the leading real estate platform in the country to build our brand and generate leads for the new developments that we will be focused on in Cambodiaโ€ย About Realestate.com.khEstablished in 2009, Realestate.com.kh is the leading real estate platform in Cambodia that attracts over 200,000 property seekers every month across its website, app, and other media platforms.ย About Fazwaz GroupFazWaz Group was launched in 2013, from a desire to create a new standard in property search in emerging markets in Southeast Asia and beyond.ย Key contacts:Thomas Oโ€™SullivanCEOย Realestate.com.khtom.osullivan@realestate.com.khย James WhiteheadCEOย FazWaz Cambodiajames@fazwaz-kh.com
FazWaz Cambodia rises: A new generation agency for a new generation property market
FazWaz Cambodia rises: A new generation agency for a new generation property market
June 7, 2022, 3:57 a.m.
Introducing FazWaz Cambodia, your partner in real estate since 2020:FazWaz is breaking into the Cambodian property market with a full scope unit sales and marketing solution for agents, agencies, and developers! With a multinational management team with over 30 years of experience in the Cambodia real estate sales and development sector, the head office is now open - located in BKK1, Phnom Penh.Starting November 2020, FazWaz Cambodia will march its sales army into the Kingdomโ€™s new-build property market to empower local agents with the highest possible commission shares for their sales results, and unilateral support for selling the most prestigious, trustworthy, and in-demand projects nationwide. FazWaz vows to deliver strong and sustainable sales for partner developments across Cambodia.FazWaz Cambodia's experienced management team: James Whitehead, CEO of FazWaz Cambodia (ex-General manager of Realestate.com.kh for 5 years); Moek Chenda, BDM of FazWaz Cambodia (Founder of Realestate.com.kh and Renowned Technology and Real Estate trainer); Shengwei Zhao, COO of FazWaz Cambodia (ex-Head of Marketing of Realestate.com.kh and DCG Cambodia).The new CEO of FazWaz Cambodia, Mr. James Whitehead, ex-General Manager of Realestate.com.kh for over 7 years, confirms that FazWaz Cambodia is a collection of โ€œThe Kingdomโ€™s very best property agents and a multinational management team of real estate, technology, and sales professionals. FazWaz will provide the best environment for success through our corporate culture, unbreakable core values, and collection of Cambodiaโ€™s most respected development partners.โ€The new Head of Business Development at FazWaz Cambodia and founder of Realestate.com.kh, Mr. Moek Chenda, also confirms that โ€œFazWaz is set to revolutionize the way the real estate is sold in Cambodia.โ€โ€œWe are the first truly tech-enabled agency in Cambodian history,โ€ says Mr. Moek, โ€œpowered by the leading real estate marketing networks of Realestate.com.kh and partner channels both locally and Worldwide, and this company will be driven by the most talented salaried and non-salaried sales team possible on the ground in Phnom Penh, Siem Reap and Sihanoukville.โ€Moek confirms, โ€œFrom the top to the bottom of the FazWaz organization, a culture of professionalism and success is born this month.โ€Whitehead, FazWaz Cambodia CEO, continues to explain that FazWaz agency represents, โ€œa new way to do real estate business - in a time that demands it. FazWazโ€™s ultimate goal is to give anyone the opportunity to make the money they deserve from the real estate industry in Cambodia, and provide the best and safest possible investments to end buyers.โ€Underpinned by Realestate.com.kh and associated assets, FazWaz Cambodia (www.fazwaz-kh.com) is part of the Digital Classifieds Group in Cambodia (The Australian based owner of Realestate.com.kh and FazWaz Cambodia, in a joint venture with FazWaz Group of Thailand). FAZWAZ PTE LTE has operated technology-enabled real estate brokerages in Thailand and other countries since 2015: www.fazwaz.com. This direct partnership allows FazWaz Cambodia to leverage lead generation from Realestate.com.kh local and international media channels, and FazWaz Thailand's huge network of International buyers and world-class technology.FazWaz will also commit to ethical agency standards, and ensure that projects sold are by trusted developers only. All agents, whether in house or freelance, are developed with a sense of responsibility for their actions and representation. FazWaz agents put the buyer first, and offer real advice and information to protect that buyer from any potentially fraudulent developers.FazWaz Cambodia's new office is located in BKK1, Phnom Penh - sitting above the core marketing partner of the agency, www.realestate.com.kh, Cambodia's #1 real estate platform since 2012.Core specialties of FazWaz Cambodia:Empowering local agents to grow their income and career developmentFazWaz Cambodia will offer freelance agents the best offer they have seen within the market to-date and the best environment for their ongoing success. To date, over 50 freelance agents have joined the FazWaz ranks, along with in-house sales, marketing, and management team 10 strong and growing. The company is widely supported by its core marketing partner, Realestate.com.kh - with a 50+ strong marketing and technology team located in Phnom Penh Cambodia.Building peer-to-peer networks across Cambodia, FazWaz Cambodia firmly believes in rewarding lead and sale generators, wherever and whoever they may be. Every agent, every employee, every media company, and even mom-and-pop shops can create an alternate source of revenue - by simply choosing to deliver buyers to FazWaz Cambodia agency.Immediately, FazWaz offers 90% of commissions to the agent for self-generated buyer sales in the most popular condo projects in Cambodia. The remaining 10% will be re-invested in that agent's future marketing drive for more sales. No fees. No commitments. Just commissions! Show FazWaz that you are a superstar sales, and they will continue to grow your career and success by feeding you 3-50 free customer leads per month, and benefits such as company phone, tablet, car, and corporate expense account. From day one, agents can benefit from their success with perfect sales and marketing tools for the most in-demand projects, Pipedrive CRM to manage leads, uniforms, business cards, and daily training. Successful FazWaz agents will see immediate career growth and development, and swift salary increases. In-house, multilingual, full-salaried teams and project supervisors are also being hired at the start of November to support the developer clientele's ease of service. Contact the HR team at FazWaz today @ hr@fazwaz-kh.com if you are interested in full-time salaried positions or part-time freelance positions.FazWaz Cambodia will lead over 100 freelance and in-house sales agents starting from November 2020. The best agents, the best environment for success.Providing, even more, leads to agents & agencies in CambodiaAgencies and agents in Cambodia will also be able to leverage the power of FazWaz as co-broking partners. Many agencies in Cambodia have buyers for developments but do not focus on negotiating strong commission shares with developers, given other focuses for their core business. Other agencies lack the negotiating power due to a lack of results, agents, or brand power in the market. FazWaz will be a key partner for such agencies allowing them to access to highest possible commissions for project sales by managing buyers through a co-broking relationship with the FazWaz brand. FazWaz will also help to match buyers to agencies other property whenever possible, sharing on sale/rent benefits. Contact the sales team today @ sales@fazwaz-kh.com if you are interested in becoming a FazWaz affiliated agency or agent.ย Delivering sales results for the most in-demand developersFazWazโ€™ experience in the property sector via Realestate.com.khโ€™s makes it a prime choice for high-performance developers. FazWaz allows immediate marketing benefits + an activated peer to peer sales army, all at no upfront cost to the developer - given their project is in demand by local and international buyers. Every unit sold by FazWaz guarantees 1% of total commissions to be returned into marketing spend for that project and of the developerโ€™s benefit for the next sales lead.ย As of November 2020, FazWaz already represents over 15 leading developments in Phnom Penh - and seeks to represent over 50 nationwide by mid-December - based on the dictated demand of agents and buyers in the market.ย  FazWaz, however, follows a strict due diligence process when onboarding new projects for sale, to ensure end buyers are only offered the safest and most reputable investment options.ย  Contact the sales team today @ sales@fazwaz-kh.com if you are interested in becoming a FazWaz powered development.ย Providing Buyers the best possible experienceFazWaz represents our buyers first and foremost, and guarantees to offer independent and genuine advice on the benefits and risks of project investments. On top of this, FazWaz agents will ensure a convenient and enjoyable purchasing experience, through the best selection of properties and the best possible prices and offer at those projects. All buyers become part of a VIP after-sales support network and continue to receive benefits, updates, and support from FazWaz Cambodia agents and organizations. If you are looking for a property consultant to consider your investment options in real estate, reach out to FazWaz today for a free consultation in English, Khmer, or Mandarin: contact@fazwaz-kh.comFazWaz Cambodia will lead over 100 freelance and in-house sales agents starting from November 2020. The best agents, the best environment for successFazWaz is the new real estate agency of choice in Cambodia, for buyers, sellers, and new developments. Find out more today and join the revolution.Website: https://www.fazwaz-kh.com/ย Facebook: https://www.facebook.com/FazWaz-CambodiaTelegram/Whatsapp: +855 77711009Wechat: fazwazkhFor job opportunities: hr@fazwaz-kh.comย ย For agency and developer inquiries: sales@fazwaz-kh.comย ย For real estate buyers: contact@fazwaz-kh.comย FazWaz Job Application Form: https://forms.gle/k1YoRWBERQYeqf2f9FazWaz Freelance Agent Request for Full Info and Interview: https://forms.gle/zuHugapJECH8gk9XA
Cambodian condo prices stabilize as developers grapple with new local demand
Cambodian condo prices stabilize as developers grapple with new local demand
June 6, 2022, 5:01 p.m.
The Cambodian real estate market, one of the key drivers of economic growth in the country, suffered a slowdown during the height of COVID-19 scares. But as cases continue to be under control, returning commercial interests are slowly breathing life back into the Cambodian property market.Key highlights of condo/apartment prices in Cambodia:3-bedroom condo/apartment median prices remain at ~$212,000The decrease in 3-bedroom condo/apartment median prices offer a better value proposition to Cambodian buyers2-bedroom condo/apartment median prices hold steady at ~$168,0001-bedroom condo apartment median price increase by 14% to ~$105,000These values are median prices found across Cambodia and are only meant to be used as a guide to navigate price ranges. Realestate.com.kh advises interested buyers to visit our condo listings page for prices specific to projects you may be interested in.Prices for large bedrooms have gone down as a result of a decrease in high-class property demand from international buyers. Developers, consequently, have shifted their focus to meeting the preferences of the wider local market.Additionally, the median sale price difference between 2-bedroom and 3-bedroom has gone down to just 26% compared to an 83% price difference 10 months ago - offering a great value proposition for Cambodians looking to buy larger units.It is worth noting that the Year-End Property Sale 2020 is happening on Nov 27-28 at the Premier Center Sen Sok. The event will feature various brands, including established property developers offering well-known projects across Cambodia. These same developers will offer discounted prices exclusively to buyers participating in the event.The continuing slump of property prices, coupled with upcoming property discounts in the Year-End Property Sale 2020, presents a great opportunity for buyers to purchase quality properties at more attractive prices - while they still can.Article by:
LESS THAN 1 MONTH AWAY! Year-End Property Sale 2020 is on Nov 27-28
LESS THAN 1 MONTH AWAY! Year-End Property Sale 2020 is on Nov 27-28
June 6, 2022, 5:01 p.m.
The much-anticipated Year-End Property Sale 2020 is less than 1 month away! Are you excited yet? You should be!The event will feature up to 60 exhibitors, representing daily products to big developments, during the event at the Premier Center Sen Sok. The Year-End Property Sale 2020 is expected to welcome thousands of attendees from across the Kingdom all looking to get great deals, especially from developments offering exclusive event discounts!Attendees will additionally be treated to a series of seminars conducted by Cambodiaโ€™s leading business personalities. Topics will cover a general overview of the countryโ€™s current business landscape to more pressing issues such as the effect of COVID-19 on the wider economy. Itโ€™s a series of talks not to be missed.The first offline/online event in CambodiaThe Year-End Property Sale 2020 will be the first-ever offline and online event in Cambodia. The property sale event in the Premier Center Sen Sok (Nov 27-28) will be complemented by an online sale starting on the same day! This will allow Cambodians from across the country, and even foreigners outside of Cambodia, to easily get discounts on participating developments.This online event comes in due time as Cambodiaโ€™s digital space has grown to a point where e-commerce has become part of the norm. In 2019, the Ministry of Post and Telecommunications estimated that there are over 19 million sim cards in use in Cambodia - more than the recorded number of Cambodians in the last population census.The adoption of mobile devices, and consequently, the entry of more people into digital marketplaces, presents a great opportunity for businesses looking to stay relevant within the Kingdomโ€™s evolving commercial landscape.Offline/Physical events, however, remain a great attraction for a majority of Cambodiaโ€™s growing consumer market. Despite the global pandemic slowing down economic activity, plenty of Cambodians have started going out again as COVID-19 cases remain under control. Googleโ€™s Mobility Index even suggests that fewer Cambodians are choosing to stay home, which has led to a slow but gradual recovery of grocery and retail destinations within the country.The Year-End Property Sale 2020 is the perfect opportunity for Cambodians to get great deals on great products! Planning to attend on Nov 27-28? Register today to qualify for exclusive discounts!
Join YEPS 2020 for a massive marketing boost worth $100,000!
Join YEPS 2020 for a massive marketing boost worth $100,000!
June 6, 2022, 5:01 p.m.
Boost your businessโ€™ exposure with the most anticipated consumer expo in Cambodia this year!The Year-End Property Sale 2020 will gather thousands of attendees from across the Kingdom to showcase the countryโ€™s leading brands from November 27-28 at the Premier Center Sen Sok. From businesses supplying leading favorite daily consumer products to developers building Cambodiaโ€™s most exciting properties, will all be present during the event.One of the biggest Cambodian marketing campaigns in 2020Being the most anticipated consumer expo has to come with the appropriate marketing spend, of course. Realestate.com.kh, Cambodiaโ€™s leading property platform, and the organizer of the Year-End Property Sale 2020 is backing the event up with a $100,000 marketing spend - one of the biggest this year.The marketing campaign incorporates both traditional and digital marketing such as print media, radio campaigns, social media, email marketing, direct mailers, public relations, and online advertisements. The campaign will have a reach estimated to be in the hundreds of thousands, if not in the millions by the time the event starts on November 27.The first offline and online event in CambodiaThe Year-End Property Sale 2020 will be the first-ever offline and online event in Cambodia. The property sale event in Sen Sok, from Nov. 27 to 28, will be available for all buyers interested in Cambodian property until Dec. 11, regardless of whether theyโ€™re local or from abroad.Offline/Physical events remain a great attraction for Cambodiaโ€™s continuously growing consumer market. Despite COVID-19 stifling most economic activity, Cambodians have been quite eager to go out once again as the countryโ€™s infected cases remain under control. Googleโ€™s Mobility Index suggests that fewer and fewer Cambodians are staying home, leading to grocery and retail destinations seeing considerable improvement compared to 9 months ago.And as Cambodia further develops its digital infrastructure, the country is increasingly becoming more digital. Online events are growing more commonplace as local entrepreneurs start to see the value of digital spaces, especially during COVID-19.The Year-End Property Sale 2020 is the perfect opportunity for businesses across Cambodia to capture the returning commercial interest, and at the same time, take advantage of the digital growth the country has been undergoing.If youโ€™re a business interested in being part of the most anticipated event this year, you may contact the followingFor all borey and plot land developers:ย Sumey Soun (Khmer/English)mey.soun@realestate.com.kh+855 77 241 285For condominium and mixed-use developers:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305For property developers and other interested exhibitors:ย James Whitehead (English)james.whitehead@realestate.com.kh+855 086 972 061
CREA News Page 2024 ENG
Phnom Penh apartment rental updates - September 2020
Phnom Penh apartment rental updates - September 2020
June 6, 2022, 5:01 p.m.
The rental sector is a prime contributor to the surge of Cambodiaโ€™s real estate market. Despite COVID-19 stifling the usual international market, Phnom Penhโ€™s rental market has done relatively well in staving off any significant downward pressures on rental prices - a good sign of landlords across the Kingdom.Key highlights for Phnom Penh rental market:Median rental price for 3-bedroom apartments steadied at ~$2,000Median rental price for 2-bedroom apartments steadied at ~$9501-bedroom apartment median rental prices faced slight downward pressure of 3%; down to ~$620 to $600Por Sen Chey, Sen Sok, and 7 Makara remain a good choice for lower-cost rentalsAccording to Real Estate Market Trends, median rental prices for 3-bedroom and 2-bedroom apartments remained steady at ~$2,000 and ~$950 respectively. While 1-bedroom apartments saw a slight decrease of 3% from ~$620 to ~$600 in median rental prices.Real Estate Market Trends displays the median values of listed properties on Realestate.com.kh. Interested renters can still view property listings more suited for their budget/preferences in properties for rent in Phnom Penh list.The Kingdom is currently seeing itself slowly come out of the economic downturn caused by the COVID-19 global pandemic. While not completely out of the woods yet, a semblance of international tourism is starting to trickle back in, incrementally adding to the potential renter market in the city.Developers in the city, however, have adapted to the new reality set on by months of heavily restricted international travel. More projects have started shifting their focus towards the local market and their preference for mid-tier and affordable properties. Several new projects across the price spectrum are expected to see completion sometime in Q4 2020 and Q1 2021.Phnom Penhโ€™s property market was initially uncertain in the early days of COVID-19. But as health authorities in the country implemented healthcare guidelines, the scare of the disease soon stabilized and more Cambodians are starting to look long-term once again, particularly in real estate. As a result, the city has seen shifts in prices and supply, presenting new opportunities for investors/buyers to take advantage of a market bound to bounce back.Popular locations for affordable and mid-tier propertiesThe districts of Por Sen Chey, Sen Sok, and 7 Makara remain popular choices for affordable and mid-tier rental properties. Por Sen Chey lies at the suburban areas of Phnom Penh. But this area is slowly seeing more commercial developments led on by continued borey developments in the districts.Sen Sok and 7 Makara are closer to the city center with more identifiable city comforts. Expatriates and locals looking to live with urban conveniences nearby (such as the AEON Mall 2) can find plenty of good value rental properties here.Real estate opportunities at the Year-End Property Sale 2020The Year-End Property Sale 2020, organized by Realestate.com.kh, is featuring over 60 exhibitors, including Cambodiaโ€™s top developments, all in one place. Starting from Nov 27-28, at the Premier Center Sen Sok, attendees can avail of exclusive discounts from top brands and properties for a limited time!The event in the Premier Center Sen Sok will be accompanied by an online property sale, also starting on Nov 27. The Year-End Property Sale 2020 online will last until Dec 11 and will allow a wide range of buyers from across the world to view and purchase property at very attractive prices!Get the best deals starting on Nov 27 by registering today!Article by:
How to join and get discounts during Year-End Property Sale 2020
How to join and get discounts during Year-End Property Sale 2020
June 6, 2022, 5:01 p.m.
Youโ€™ve read about it and youโ€™ve heard about it, the Year-End Property Sale 2020 is coming and this is YOUR chance to get GREAT DEALS from the BEST BRANDS in Cambodia!But, how do you join and actually get these deals?The first online and offline event in CambodiaThe Year-End Property Sale 2020 has 2 events you can join. Both events (offline and online) can be attended by a simple 1-time registration!Registration link: https://www.yearendpropertysale.realestate.com.kh/Registration is easy. Simply click on the link above and fill out the registration towards the bottom of the page.After filling up the registration form, our automated registration system will send you an SMS with a verification number to confirm your registration. Input the code on the screen and youโ€™re good to go!An email will be sent afterward to your registered email address to let you know youโ€™ve signed up for the most-awaited consumer expo in Cambodia. See you!Exhibitor RegistrationThe Year-End Property Sale is implementing a $100,000 marketing campaign covering all forms of available media in the Kingdom. If youโ€™re a business owner looking to ride this massive marketing wave, you may register as an interested exhibitor through the link below:Exhibitor Registration: https://www.yearendpropertysale.realestate.com.kh/exhibitor-sponsorHow to get a discount during the YEPS 2020 at Premier Center Sen SokOnce youโ€™ve successfully registered, we highly recommend going to the event on Nov 27-28 at the Premiere Center Sen Sok. More than 60 exhibitors representing Cambodiaโ€™s biggest and up-and-coming brands will be offering exclusive promotions to attendees over the 2-day event at the venue.How to get a discount from YEPS 2020 Online Property Sale from Nov 27 to Dec 11An online property sale will be launching simultaneously from November 27 to December 11. Registered users can use their accounts to login to the event website and view properties going on sale during those 2 weeks!These developments come from Cambodiaโ€™s most reputable developers - all offering an EXCLUSIVE DISCOUNT to registered buyers on YEPS 2020! If youโ€™re already registered, simply visit the event page starting November 27 to view properties at your own leisure.STEP 1: View and select propertyVisit the Year-End Property Sale 2020 website to view the properties/developers offering discounts. These will be arranged in a gallery/carousel fashion for your convenience. In here, youโ€™ll see the amount of discount you can acquire if you purchase the property!NOTE: Discounts are limited per property/development. So, be sure to secure yours right away!STEP 2: Secure your discountSecuring your discount requires you to deposit a fully-refundable reservation fee of $500. Realestate.com.kh will be accepting major payment gateways such as Visa, Mastercard, and UnionPay during the event. Local transfers via ABA Bank will also be accepted.Youโ€™ll also be happy to know that the $500 reservation fee will be deducted from the final sale price of the property you want!STEP 3: View the property with REAKH staffUpon making the reservation payment, Realestate.com.kh will reach out to you, using the contact information you provided, to arrange a viewing of the property(ies) youโ€™re interested in and help facilitate a smooth transaction for you.Realestate.com.kh makes it a point that our users have a smooth transaction with the developer.The Year-End Property Sale 2020 is building up to the most exciting consumer expo this year. Are you ready for more great deals? Register now!
What makes Sky Villa the choice of Phnom Penhโ€™s elite?
What makes Sky Villa the choice of Phnom Penhโ€™s elite?
June 6, 2022, 5:01 p.m.
Looking at the world, people are gradually beginning to create an association between a high-quality lifestyle with luxury residences. With the continuous expansion of major cities and an increase in income, the rising residential demand is driving the continuous development of residential products.At the core of the city, the emergence of condominiums have garnered popularity in recent years, these large flats, has not only greatly upgraded the living quality of the elites, but also has an impact on the traditional multi-storey villas to a certain extent, replacing them as the new must-haves for true luxury living.The smash-hit One57 in New York, 432 Park Avenue, the tallest residential building in the Western Hemisphere, and Hyde Park One, the most prestigious apartment in the London area, all feature rare luxury flats and declare large flats worldwide. The same breed of residences has arrived in the Kingdom.In Cambodia, a sky mansion featuring large flat floors has been born. As a rare luxury residential product in Cambodia, Sky Villa shines on the central axis of the capital Phnom Penh, lighting up the entire skyline.Sky VillaCambodiaโ€™s capital garden-style sky mansionSky Villa is a sky garden-style mansion composed of two 35-story twin towers with a total height of nearly 140 meters. It is a beautiful landscape of Phnom Penh's new cityscape and is also a new urban landmark in the Cambodian capital, Phnom Penh.With the continuous emergence of tall buildings in Phnom Penh, Sky Villa can stand out from the crowd not only by its height but also by design. Instead of saying that Sky Villa is a residential product building, it is better to call it a masterpiece of artistic style and luxurious design.Sky Villa was designed by CY Lee, the internationally renowned Taiwanese chief architect behind the iconic Taipei 101.In order to combine the whole building with the unique natural scenery of Southeast Asia, Li Zuyuan planned a large decorative space on the exterior of Sky Villa, which can cultivate green plants, so that the whole building can clearly imagine the basic concept of what a modern residence should be just by looking from the outside.When you walk into the Sky Villa you will find that every tree, brick, tile, and even the atmosphere, all make up a life that you only thought was possible in your dreams. A home so soothing that the body can be truly calm, and any worry or stress simply fades and melts at the very sight of Sky Villa.Sky Villa is not only a top mansion standing in the center of the capital, but also stands as a beacon of a peaceful life reminiscent of being in the countryside. The ingenious combination of the two is the ultimate experience of an ideal home only made possible in the Sky Villa.The reason why the big flat floor can present a very high-end living experience is that it surpasses the characteristics of currently established residential standards. Sky Villaโ€™s sprawling residential units incorporate urban landscape resources and community supporting facilities into it, a true manifestation of the unique luxuries Phnom Penhโ€™s elite get to enjoy.Sky Villaโ€™s massive interior allows for a magnificent welcome hall with an atrium sky 10 meters high and inviting to a flow of natural light.The classic butterfly spiral staircase of European aristocracy can move to the mezzanine banquet hall. It is specially customized for high-society banquets and private parties, with absolute luxury and privacy.The 34-story sky courtyard, surrounded by flowers and connected by skywalks, makes people feel like they have walked into a European manor and immediately enjoy a comfortable life.This ingenious landscape design surrounds the sky swimming pool, fitness hall, hydrotherapy massage room, children's water and land play area, and open-air dining bar. The three-pronged approach of sports, leisure, and 360-degree viewing, is in the sky, getting rid of the suffocation of urban space, and spurs a new breath of life every time.In addition, the Sky Villa Club on the top floor also has a wine cellar, a recreation room, which can be used as a private room, and a reading area. Next to the club is a restaurant that can make the most delicious delicacies in Cambodia.The sky's the limit when it comes to comfortsProperty prices are slowly but surely rising in Phnom Penh while large-area units are starting to become harder and harder to find. Sky Villa remains a bastion of large floor units with unmatched comforts in the middle of the city, measuring 272 sqm to 509 sqm, truly one of the most spacious in the city.Sky Villa has 256 units and eight types of units, all of which are high-society luxury units, ideal for individuals and families looking to live a luxury lifestyle with no compromises.The details of each villa-type apartment show the exquisiteness of the palace-level private space, using superb architecture and top-class interior design to create a luxurious and comfortable atmosphere.All throughout the day, the surrounding interiors are filled with natural light, creating a unique luxury and exquisite life in Phnom Penh for you. This can be experienced fully through the multiple spacious balconies supplying each unit with a panoramic view of the city.When you stand on this balcony, you will understand what "ultimate homeownership" is, and why there are so many high-end residences.Each apartment type of Sky Villa has 270ยฐ full floor-to-ceiling windows. You can enjoy the extraordinary experience of sitting on the city skyline anytime and anywhere. The height of each household is 3.6-4.1m, which allows the owner to make full use of the design space.In addition to the spacious living area, each apartment of Sky Villa has a well-designed large viewing balcony, which can be directly accessed through the glass door of the living room. The owner can build a private garden, or use it as a barbecue area or a tea area.Taking into account safety issues, the balcony guardrails of each apartment are made of double-layer tempered glass and high-precision stainless steel technology, which is simple, beautiful, and durable.If you want to live in a busy city but still enjoy the tranquility of the suburbs, the soundproofing design of the room makes it certain that you have a good night's sleep. Sky Villa has applied double-layer sound insulation glass, which can effectively block 90% of noise.Phnom Penh is located in the tropics, and turning on the air conditioner with the doors and windows closed for a long time can cause the indoor air to be very dry. For this reason, each apartment type of Sky Villa uses an independent central air conditioner, which can effectively use the circulation of indoor and outdoor air to ensure air quality and make the room cleaner and fresher.Each apartment type of Sky Villa is designed with more than 2 rooms. Both the master bedroom and the second bedroom have a very large space to ensure the comforts as much as possible. The bedroom can not only easily accommodate a large bed of more than 2 meters, but also open up a dressing room and cloakroom.The toilet is designed with a separate wet and dry space. The master bathroom is also equipped with a bathtub. The bathroom products are all made of Hansgrohe and Duravit brands, which are beautiful, durable, and easy to clean.The storage cabinets in the bathroom are all suspended and fully enclosed, moisture-proof, and dust-proof, and the invisible handles ensure safety while maintaining a beautiful appearance. Selected bronze framed mirrors can stretch the visual effect and make space appear more open.As the most important activity area in the family, Sky Villaโ€™s kitchen has floor-to-ceiling windows, which are very transparent and bright. The walls are entirely tiled, which does not cause smoke and oil to stick. It also has the bonus of being nice to look at while being easy to clean.The H-shaped or double-row design layout has reserved a refrigerator position, neat cabinets, and a spacious operating table, and can accommodate 4-6 people - something that comes very convenient when hosting family gatherings and banquets. Full consideration has been given to the kitchen ergonomically designed for Asian stature and habits.Sky Villa has a four-story underground parking lot, home security passages, and 24-hour monitoring equipment to protect the house.According to the usage habits of different age groups, all types of door locks adopt three unlocking methods of "password + swipe + key" , and are equipped with a full-featured video intercom, which not only provides convenience for life, but also ensures family safety.In addition, the fully operational video intercom can also be connected with door sensors, infrared alarm detectors, smoke detectors, and other equipment to upgrade to a security technology protection network, which plays an additional protective role in anti-theft and disaster prevention.Each apartment is equipped with an indoor escape door. When the elevator cannot be used in an emergency, you can go down the stairs from this door. Sky Villa provides maximum protection for the owner's life and property safety.Elite living means living at the center of everythingThe primary consideration for real estate purchase is the location as it directly influences your living experience.Sky Villa is located in a prime location in the core of Phnom Penh, south of the Olympic Stadium in Makara District, adjacent to Sihanoukville Avenue and Polish Republic Avenue. The surrounding area has a smooth transportation network and modern urban supporting facilities. It is only a few minutes away from the BKK consumer hot zone.Government agencies, embassies of various countries, and international financial banks, and other first-class political and commercial facilities are near the end of the day. Within a 3KM radius, there are also Olympia shopping malls, AEON 1 shopping malls, the Russian market, and the famous central market.Living in the city, in addition to the bustling shopping malls, sports centers, etc., there are many prestigious schools around Sky Villa, allowing parents to choose what is best for their child.ย With its superior living experience and lifestyle, Sky Villa meets the high requirements of high-end people for living space. It allows the city's elite to live in a "villa", and it also symbolizes a new era of global luxury life.Sky Villa has an out-of-print location, ultimate products, top-notch facilities, and exclusive services. It is unique in the capital, Phnom Penh, and is the best choice for urban elites to rent.Want to enjoy the super large existing villa-level luxury apartment at the best price? Lead the high-end exquisite life, stay at Sky Villa now!
New Dara Sakor International Airport to open mid-2021
New Dara Sakor International Airport to open mid-2021
June 6, 2022, 5:01 p.m.
New Dara Sakor International Airport passenger terminal progress. SSCA.The $3.5 billion China-built Dara Sakor International Airport in Koh Kong province is scheduled to be operational in mid-2021, close to three years after work started, according to a report from the State Secretariat of Civil Aviation (SSCA). It will be able to handle long-haul aircraft such as Boeing 777s and the Airbus A340.During a site inspection of the construction earlier this week, the SSCAโ€™s technical working group said by the end of 2020 or early 2021 it will fully complete flight validation.The report added that on March 20 next year the company will complete acceptance of the construction and conduct a flight test the following day.It noted the construction company, Tianjin-based Union Development Group, will send the completed building documents to the SSCA by May 30, and, by mid-2021, the company will request the SSCA to service and operate the airport.On the airside, the apron is currently 90 percent complete, the 3,200-metre main runway is 99 percent ready, side strips are 90 percent finished, markings are 100 percent complete, the taxiway is 99 percent operational, drainage systems are 90 percent ready, navigation aids such as lighting systems have reached 60 percent completion and navigational aid equipment such as the Doppler VHF Omni Directional Range (DVOR)/Distance Measuring Equipment (DME) is already in the process of being installed.Mao Havannall, SSCA Minister, and colleagues inspect the Dara Sakor International Airport runway. SSCA.On the landside, the passenger terminal building is 60 percent ready โ€“ the rest of the work being decoration, furniture, plumbing, electrical and mechanical systems, and parking. Support buildings such as administration and accommodation are 80 percent ready as is the control tower, while the access road is 10 percent complete and the airport fence is 100 percent finished.In terms of other achievements, the petroleum station is 90 percent ready, the petroleum warehouse is 60 percent close to completion, the rescue and fire-fighting services (RFFS) road is 60 percent near to being finished, while the RFFS itself is 10 percent ready and water treatment is 60 percent complete.All work on the project built over 4.5 hectares of land in Botum Sakor district near the Gulf of Thailand will be finished by the end of the year, the report said.Sinn Chanserey Vutha, the spokesman for the SCCA, said the company is working within the schedule set for completion despite the advent of COVID-19. When asked if there will be passengers passing through the airport during the pandemic, Vutha said that it is up to the government to target low-risk countries and impose so-called Covid-free travel bubbles to attract tourists. โ€œPhnom Penh International Airport is the hub and transit for business activities, investment, and tourism, but Dara Sakor International Airport is principally for tourists and charter or special flights,โ€ he said. โ€œIt will serve high-class tourists,โ€ he added, principally traveling on to Dara Sakor Resort. The resort is arguably the largest of its kind in the world. Development started in 2008 with the target of developing as much as 20 percent of Cambodiaโ€™s coastline.The project covers 360 square kilometres of land โ€“ more than half the size of Singapore โ€“ and includes parts of the Botum Sakor National Park. It has a 99-year lease signed in April 2008.The mega-complex has a port for cruise ships, international golf courses, a casino, apartment buildings, and hotels.Cambodian Ministry of Tourism Secretary of State Top Sopheak welcomed the move. He said that it is another new attractive tourism product in Cambodia also providing jobs for locals.โ€œThe airport will facilitate transportation for tourists to visit Dara Sakor or to fly from Dara Sakor to other destinations such as Siem Reap or Preah Sihanouk,โ€ he added.Article by Sok Chan, originally posted on KHMER TIMES. Link to the original article below:https://www.khmertimeskh.com/50773320/luxury-new-international-airport-to-be-operational-by-mid-2021/
Retail space foot traffic improving as COVID-19 kept under control
Retail space foot traffic improving as COVID-19 kept under control
June 7, 2022, 6:41 a.m.
As the rest of the world struggles with COVID-19, the Kingdom of Cambodia has done relatively well in managing cases within its borders. As of reporting, the country only has 5 active cases left out of the 283 that were infected since February 2020. The government itself, despite low cases, has not ceased reminding residents to practice proper sanitation around public spaces.One of COVID-19โ€™s biggest economic threats is discouraging people to go out in fear of catching the virus. Economies across the world have seen retail industries suffer massive losses (second only to international travel) due to the significant loss in foot traffic. Cambodia was not spared from this, especially during Q2 and Q3 2020, when foot traffic to retail and recreational areas went down by as much as 56%, according to the Google Mobility Tracker.Residential line (black) shows a downward trend in users tracked within residential areas while grocery & pharmacy line (green) and retail & recreation line (blue) show gradual recovery to the countryโ€™s baseline. Google Data Studios.However, things have started looking up. As of October 9, 2020, the Google Mobility Tracker indicates that foot traffic in retail and reaction areas are only down by 15% from the baseline. Similarly, those tracked in residential areas have also steadily decreased from 22% to just 5% above the baseline.Footfall for groceries, food markets, and pharmacies have been the quickest to recover from a low point of 42% to just 6% below the baseline. It appears that more consumers in Cambodia are regaining confidence in resuming their daily economic activities.The Cambodian government allowed businesses such as casinos and KTVs to reopen following new health regulations. K/T Siv Channa.In July 2020, the government announced the gradual reopening of businesses across cities like Phnom Penh. Casinos and KTVs, being prime job generators, were instructed to observe strict healthcare regulations in order to be allowed to reopen. Enforcement of these health guidelines was also on track as several businesses that did not follow regulations were immediately closed.In September 2020, most schools in Cambodia were reopened following the green light from the Ministry of Education. Schools will be observing similarly strict health guidelines such as social distancing within classrooms, shifting schedules, and the inclusion of online classes into the curriculum. Schools found to be violating these new regulations would be warned or temporarily shutdown.Schools reopened in September 2020 following a greenlight from the Ministry of Education. K/T Siv Channa.If the public continues to observe proper social distancing and sanitation, and businesses follow health guidelines, Cambodia can soon be on track to recovery similar to its neighbors. At the moment, however, data indicates that people are beginning to go out once again - presenting a good opportunity for businesses to capture returning commercial interests.Capturing returning commercial interestโ€œIf you go out to the markets and malls, these places are packed with people, especially during the weekendsโ€ observed Thomas Oโ€™Sullivan, CEO of Realestate.com.kh. โ€œPeople are ready to go out. They just need a good reason to.โ€Realestate.com.kh, Cambodiaโ€™s biggest real estate platform, is hosting and organizing the Year-End Property Sale 2020 - a consumer expo featuring the countryโ€™s top brands all in one place. The Year-End Property Sale 2020 will also be the first physical/offline event in Cambodia complemented by an online sale that will run for a few weeks.The physical/offline event will be held in the Premier Center Sen Sok on Nov 27-28. Realestate.com.kh is known for featuring a range of exhibitors in its expo-defining events since 2018. The Year-End Property Sale 2020 will continue this streak with over 60 exhibitors representing a wide range of brands offering daily consumer products and services to big real estate projects. It will be a consumer expo where Cambodians can get great deals on the products they want.The other component of the event will feature an online property sale where buyers can avail of exclusive discounts from Cambodiaโ€™s top developments starting from November 27 until December 11. This is an ideal choice for property buyers who want to get great property deals in the comfort of their homes.Registration for both events is FREE. Simply register below to get freebies and avail of exclusive discounts during the event!Participant registrationExhibitor registrationThe proverbial new normal has already taken hold in much of major urban centers like Phnom Penh; a situation where hand sanitizers and surgical masks are considered staple in daily life. Realestate.com.kh has made it a point to ensure that the same safety measure will be applied throughout the 2-day event.Prior to COVID-19, Cambodiaโ€™s expanding market has attracted a great deal of local and international attention. And while the โ€œnew normalโ€ may not have this activity returning to pre-COVID-19 levels yet, the interests of the wider consumer market are there, simply waiting for the perfect reason to go out.Article by:
Get a ride to YEPS 2020 with LM Cars on Nov 27-28!
Get a ride to YEPS 2020 with LM Cars on Nov 27-28!
June 6, 2022, 5:01 p.m.
Realestate.com.kh is proud to announce that LM Cars, a taxi-car app in Cambodia, is joining the Year-End Property Sale 2020 as a major sponsor! LM Cars is a new taxi-car app in Cambodia focusing on high-end consumers.LM Car is operating under the brand Le Majestic, a company specializing in high-end hospitality, travel management, and mobile payments.LM Car put a great deal of emphasis on a good experience by ensuring the safety and comfort of passengers. It has so far served over 150,000 users and currently enjoys the best travel service experience and highest safety rating in Cambodia. LM Cars operates on a 24/7 basis shifting between its 80 brand-new vehicles - all owned by the company to ensure its quality standards.Its array of available cars are all carefully selected: Ford Wingbo, Hyundai H1, and Toyota Alphard. Luxury choices are also available such as Bentley or Rolls-Royce - allowing all users the chance to enjoy the ultimate riding experience from these world-class cars!Costs on the user are all transparent on the app, and compared to other applications, any coupons you may have can easily be applied to the right destinations!ย LM Car has a roster of 120 full-time drivers. All drivers are screened before being hired, this includes verifying their driverโ€™s license. New drivers receive additional training in driving, LM car standard operating procedures, and of course, good etiquette toward riders.ย While travel apps are growing more commonplace in Cambodia, LM Car sets itself apart from the competition with its sense of service commitments that guarantee the safety and comfort of riders. For example, a twice-a-day cleaning (and disinfecting) routine is applied for all vehicles. Each vehicle is equipped with tissues, charging cables, bottled water, and umbrellas to ensure a comfortable ride, no matter the weather.Itโ€™s worth mentioning that cars are all remotely monitored by a background security specialist. Any problems with the vehicle are immediately transmitted to LM Cars for quick action. Software installed in each vehicle has a built-in one-key alarm button for emergency situations.LM Car adopts a competitive pricing strategy that challenges other established platforms - something that has made the app a must-have for both Cambodians and expats in the Kingdom. LM Car plans to extend its quality assurances to other services as well. For instance, they launched a quick delivery service available in Phnom Penh. This expansion, according to LM Car, is only the initial step in offering an even fuller range of services in Cambodia.Itโ€™s no wonder then LM Cars, despite being a newcomer to the Cambodian market, has swiftly occupied a market segment looking for quality services ensured by their service commitments.LM Carโ€™s participation in Realestate.com.khโ€™s Year-End Property Sale 2020 is born out of the common goal of both companies to address the needs of Cambodiaโ€™s growing consumer market. Phnom Penh itself is seeing a growth in residential demand and a similar need for quality transportation services.ย  With LM Car and Realestate.com.kh working together, much of Cambodiaโ€™s new breed of consumers will find something to look forward to in the near future.On Nov 27-28, 2020, users will get exclusive benefits from LM Cars when they go to the Year-End Property Sale 2020 in the Premier Center Sen Sok!The Year-End Property Sale 2020 will feature Cambodiaโ€™s latest consumer brands. Each one will offer exclusive introductory deals to attendees during the 2-day event. Realestate.com.kh sincerely thanks LM Car for its generous services allowing YEPS 2020 attendees to easily get to the Premier Center Sen Sok and get great deals on property and other consumer products!Curious about the exclusive deals available during the Year-End Property Sale 2020? Sign-up as an attendee to find out more!Year-End Property Sale 2020 attendee registrationThe Year-End Property Sale 2020 is a $100,000 marketing campaign that seeks to feature over 60 brands! If youโ€™re a business looking to ride this massive marketing wave, you may register as an exhibitor below:Year-End Property Sale 2020 exhibitor registration linkOr you may directly contact the following:For all borey and plot land developers:ย Sumey Soun (Khmer/English)mey.soun@realestate.com.kh+855 77 241 285For condominium and mixed-use developers:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305For property developers and other interested exhibitors:ย James Whitehead (English)james.whitehead@realestate.com.kh+855 086 972 061
Wealth Mansion: A residential legacy in Chroy Changvar
Wealth Mansion: A residential legacy in Chroy Changvar
June 6, 2022, 5:01 p.m.
Cambodia is one of the up-and-coming real estate markets greatly benefitting from modern residential practices. A great number of projects make good use of decades of experience and deep understanding of new residential demands to make them a lot more appealing. But only a handful of these projects will truly last for generations.The Wealth Mansion, an icon of luxury in Chroy Changvar, thatโ€™s been making waves among property seekers. Developed by Everhealth International Investment and Development Co., Ltd, this project utilizes the latest in residential technologies and takes advantage of the natural beauty that surrounds Chroy Changvar.This project is one of the newest entries in the market; only beginning its construction in 2019. Wealth Mansionโ€™s units offer a full range of luxury residences fit for individuals and families looking to live a life without compromises. Designers of the Wealth Mansion poured a great amount of attention into outfitting the residential units with quality furnishings and providing them with an ideal set of amenities.The residences are the heart of every development - and the Wealth Mansion knows this well. Luxury comes in many forms and Wealth Mansion presents it through a comfort immediately taking over residents upon entry. One can easily find it intuitive to navigate between each room by simply walking through each section, a point emphasized by this projectโ€™s designers as, after all, a true home is something you know like the back of your hand!Units at the Wealth Mansion are offered in 1 to 2 bedroom variants ranging from 63 sqm to 126 sqm. Plenty of floor plans are available to suit the different needs of Phnom Penhโ€™s increasingly sophisticated property seeker.Of course, the luxury living Wealth Mansion provides doesnโ€™t stop at the residential unit. It extends well into the amenities that complement the interests of its residents. Some examples of which are its wide-open corridors with sofas, similar to that of upscale hotels. Another is a fully-equipped fitness center made ideally suited for those seeking to stay in shape. Thereโ€™s also an infinity pool on the top-most level that seems to pour through towards a magnificent view of the growing Phnom Penh skyline.Most developments in Phnom Penh would stop at its amenities at this point, but not the Wealth Mansion. This development designed and built its interior residence and amenities to take advantage of the natural features found in the area. Spectacular views of both the Mekong and Tonle Sap rivers can be enjoyed through large windows in the private and public sections of the Wealth Mansion. Its wide-open lobbies allow for the cool riverside breeze that passes through these open fields to similarly grace its halls. The infinity pool on the rooftop offers both view and breeze and packages it into an exclusive spot thatโ€™s soon to be the envy of Phnom Penhโ€™s residence - soon to be completed in 2022.โ€œThat sounds all well and good but is this something my family can have for a long time?โ€ is a concern most property seekers have, especially Cambodians. Wealth Mansionโ€™s developer, Everhealth International Investment and Development Co., Ltd, made it a point that the Wealth Mansion is a form of wealth residents can pass on to their children. This property is classified as free-hold and a hard-title property is available to Cambodian buyers.
Phnom Penh house market resilient in Q3 despite COVID-19
Phnom Penh house market resilient in Q3 despite COVID-19
June 6, 2022, 5:01 p.m.
Borey Lorn City is an ideal choice for Cambodians looking for a borey incorporating the latest trends in residential development. Supplied.The Kingdomโ€™s landed property market remains resilient 9 months after the global outbreak of COVID-19. While large and luxury apartment/condominium properties saw a slowdown in market activity, the landed property sector has been surging behind the spotlight; a growth thatโ€™s become more apparent as COVID-19 continues to stifle the high-end condominium market.3-bedroom units (GREEN) surged at the beginning of the year and gradually fell off in Q3 2020. 2-bedroom units (BLUE) saw a gradual increase throughout the year. Market Trends.Key highlights for Phnom Penh housing market:3-bedroom house median prices surged in Q1 2020 but saw a steep decline in Q3 20202-bedroom house median prices saw a gradual increase in the first half of 2020Por Sen Chey, Chbar Ampov, and Chroy Changvar offer the lowest median sale prices for landed properties in Phnom PenhMedian house prices, overall, saw prices double in a span of a year despite COVID-19Road infrastructure development (e.g. ring roads and national roads) in the surrounding areas of major population centers like Phnom Penh have contributed greatly to the appreciation of land prices and landed properties. The government has also indicated that infrastructure development will continue despite COVID-19.While more Cambodians are starting to appreciate condominium living, a large portion of the market still holds land and landed properties at a high value. This market preference pushes developers to deliver a continuous supply of boreys (especially affordable to mid-range) throughout 2020.The locations of boreys are mainly scattered across the outskirts/suburban areas of Phnom Penh. In terms of prices, the districts of Por Sen Chey, Chbar Ampov, and Chroy Changvar offer the lowest median prices. These prices, however, are bound to see an increase in the coming years as more commercial and infrastructure developments are announced.Cambodiaโ€™s landed real estate market is showing gradual recovery fueled by increasing demand from local buyers for affordable housing and landed properties. This growth will likely continue as COVID-19 cases are under control and infrastructure developments increase the residential & commercial viability of more areas around Phnom Penh.Article by:
Dara Sakorโ€™s unique opening ceremony tease projectโ€™s success
Dara Sakorโ€™s unique opening ceremony tease projectโ€™s success
June 6, 2022, 5:01 p.m.
"A dream does not become reality through magic; it takes sweat, determination, and hard work."Dara Sakor ushers in a new age of tourismOn October 8, guests from all walks of life gathered for the opening ceremony of the Dara Sakor Phnom Penh Exhibition Hall. Here, with the night young, and much excitement ahead, the chairman of the Development Group Co., Ltd, Li Tao, set the sails for the event with his event introduction.The event in the exhibition hall served as a starting point for the marvelous trip lucky participants were about to embark on. And where were they going? Where else but to Dara Sakor itself! When the time came, participants were boarded unto buses accompanied by lively music. A dedicated tour guide came along and explained the scenery of notable spots along the way. Guests were treated to a Dara Sakor special hotel as a place of residence during their stay. The hotel is perfectly located along the intersection where Dara Sakorโ€™s beauty and charm truly be appreciated. Indeed a reward worth every wait.A night filled with lifeAs night came, the Dara Sakor area, known for its white sands and crystal clear water, treated guests with fresh seafood, tropical fruits and vegetables, unlimited drinks, and special cuisines fit for the occasion. This showcase by itself is telling of the bounty Dara Sakor offers!The bountiful harvest from Dara Sakorโ€™s fields and seas were joined by a popular DJ setting off party music with a spectacular light show. Performances were also made, such as a graceful coconut dance performed by Cambodians. Several other acts were also queued up for the enjoyment of everyone at the party.Finally, the partying and performances were capped off by a fireworks display, making it to be a night to be remembered. A life full of adventures, flavors, and fantasies, can be made real under the bright stars of Dara Sakor.A joint project for Cambodiaโ€™s prosperityOn October 9, the guests were seated in the Dara Sakor Exhibition Hall where the opening ceremony of the project was officially held. Li Mengchen, the Chairman of Union City Development Group Cp., Ltd., spoke to open the ceremony and give his appreciation for the many guests that attended the event.Invited by Chairman Li Mengchen himself, the esteemed roster of guests included: His Excellency Miduna Putong, Governor of Guogong Province; His Excellency, Hardu, State Secretary of the Ministry of Culture and Arts; His Excellency Ba Soukon, State Secretary of the Ministry of Tourism, and Liu Jinsong, President of Youlian Development Group Co., Ltd., the guests honored graced the event by joining Chairman Li Mengchen in opening Dara Sakor.Dara Sakor opened by welcoming both major partners and ordinary guests to its grand festivities. The eventโ€™s esteemed attendance, leaders of the many key players that made Dara Sakor possible, became part of Dara Sakorโ€™s history. At the same time, the ordinary guests, the likely drivers of Dara Sakorโ€™s future success, saw the opportunities that lay before Dara Sakor. In the afternoon, all guests were driven back to the Dara Sakor Phnom Penh Exhibition Hall. The short but sweet event was over, the Dara Sakorโ€™s story has only begun.Laying the foundations of success for 2021 and beyondWith a growing urban infrastructure surrounded by plentiful resources, the Koh Kong province, and consequently, the Dara Sakor project, makes the area a very attractive investment destination and a source for prosperity for many.Dara Sakor, by design, will be part of a full-dimensional transportation network by sea, land, and air. Dara Sakor expects growth in the residential and commercial interests as the urban areas were planned out to accommodate such expansions. This, in turn, will drive further wealth and business opportunities for many in Cambodia.
Make money with Realestate.com.kh - Our sales army is growing. Apply todayโ€ฆ.
Make money with Realestate.com.kh - Our sales army is growing. Apply todayโ€ฆ.
June 6, 2022, 5:01 p.m.
Make it rain commissions by joining Cambodiaโ€™s leading digital marketing platform! Realestate.com.kh, the biggest online marketplace for property in Cambodia, is currently recruiting for Sales Consultants looking to cash in on the lucrative real estate market and the emerging digital marketing space within the country - a 2-in-1 deal for the very best!Realestate.com.kh is part of Digital Classifieds Group (DGG) with offices in several markets including Australia, Cambodia, Laos, Papua New Guinea, and Fiji. We offer competitive salaries, travel opportunities, and support for our sales staff such as necessary skills & training, fast career growth opportunities, and incentives for consistent sales performance.Our Sales Consultant role will primarily involve selling digital marketing products mainly focused on marketing the companyโ€™s real estate clients. At certain times every year, the role will involve selling booths and sponsorships for consumer-focused events that have set the standard for Cambodiaโ€™s consumer expos. Sales Consultants will be reporting to a Sales Manager, who is in turn directly reporting to the CEO. Sales training will be mandatory and ongoing, giving each salesperson the tools to sell by themselves. All sales activities will be monitored on a sales CRM system.ย Salary depending on experience. However, those who pass probation must demonstrate sales success relative to their base salary. Aggressive commission structures for high-performance salespeople. Salespeople can make between 500$ - 10,000$ in commission monthly, on top of their base pay, depending on performance. Position based in central BKK1, Phnom Penh - staff will be provided expenses related to travel, phone, and data. Own laptop/tablet is preferred for a probation period (2 months) but can be provided if necessary. Not all applicants will pass probation, this represents a sales training academy and test for 2-month probation, and only high performing staff will move on to full-time positions. Sales is a competitive industry with high returns - so is this opportunity.ย Minimum requirements:- Khmer speakers + English speakers preferred.- Chinese language skills are a large benefit but not required.- Highly-motivated personality, independent achiever, and career-driven. Loves making money...ย - Organised, professional, and punctual.- Strong networking and interpersonal skills.- Personal car/moto for travel to meetings is also useful, but not mandatory.- Desire to learn and develop.- Ability to handle pressure, sales targets per month and strict deadlines.ย Relevant Experience:- Strong sales experience.ย - Experience in marketing, including digital marketing is useful - but not necessary. As is understanding of real estate agency and development.ย - Network of potential sales targets is useful.ย - Experience working with expatriate salespeople and sales leaders.ย - Ability to use sales CRMs. (mandatory)ย ย Relevant References/Testimonials:Not required, but please supply if you have: any relevant testimonials and reports related to sales and marketing activities, and any personal references also welcome.Please send cover letter, CV, and work examples/testimonials/sales records to Mr. Nin Kang (sales leader) to his email nin.kang@realestate.com.kh and please ccย  solida.som@realestate.com.kh and James.whitehead@realestate.com.khย Selected applicants will be contacted for a face-to-face interview.
REAKH Internship Program is now open for applicants! Part and Full-Time Opportunities
REAKH Internship Program is now open for applicants! Part and Full-Time Opportunities
June 7, 2022, 4:11 a.m.
Kick-start your career in tech, marketing, and sales with Cambodiaโ€™s biggest property marketing platform. Get the best work experience in these very in-demand skills by applying with us!Realestate.com.kh is currently looking to develop a select number of young and hard-working fresh graduates in the fields of marketing, sales, customer relations, and technology. The REAKH Internship Program is designed to expose you to how digital marketing platforms work, put you through the paces of a real work environment, and ultimately introduce you to the workforce equipped with everything you need to achieve the best for yourself!Realestate.com.kh is part of the Australia-based Digital Classifieds Group (DCG) with offices in several markets such as Australia, Cambodia, Laos, Papua New Guinea, and Fiji. We lead in these markets as the preferred digital marketing service provider. Our company offers competitive salaries to highly-skilled individuals who join us and even better incentives for those who deliver outstanding results.The Realestate.com.kh team is composed of both local and foreign staff, all skilled in their respective fields. Once accepted into the REAKH Internship Program, you will be working with these highly skilled individuals where you will learn the skills that make any fresh graduate a highly sought-after employee!ย  Part and Full-Time Opportunities.ย Skills you will learn and develop:Effective sales practicesCustomer relationsDigital marketing strategiesMarketing campaign planningSocial media marketingProject/Event managementWeb/App developmentSystems managementContent writingVideo productionGraphic designMinimum requirements for applicants:Bachelor degree in Marketing, Business Administration, Design, Creative Writing, and other related degreesKhmer speaker + English speaker preferredChinese speaker, not required but significant benefitStrong desire to develop and learn new skillsHighly motivated and punctualAbility to work in a team or independently as requiredMust have their own device (laptop/mobile phone)Part and Full-Time Opportunities.ย NO SALARY - however, incentives for performance and potential for salary after the first month of the internship is completed. Allowance for gasoline and phone as per work scope.ย The REAKH Internship Program seeks to produce a pool of highly skilled individuals ready to take on the demand for a highly competitive job market. Outstanding interns during the program have the chance to come onboard Realestate.com.kh and gain the benefits and prestige of working in a multinational company. And given DCGโ€™s wide international market, some may even have the chance to travel abroad!If youโ€™re looking for a good head start in your career, then the REAKH Internship Program is for you! Apply with us today by sending us an email,Email subject: โ€œREAKH Internship Applicant - [YOUR NAME]โ€ and address to,solida.som@realestate.com.khSom SolidaHR ManagerReference letters certainly help but are not required for this application.
Year-End Property Sale 2020 - the biggest consumer expo in Cambodia
Year-End Property Sale 2020 - the biggest consumer expo in Cambodia
June 6, 2022, 5:01 p.m.
Did you miss the Black Friday Property Sale? Or got a great deal but still want more? The Year-End Property Sale 2020, organized by Realestate.com.kh, is your chance to get another great property deal, and a whole lot more.Happening on 27-28 November at the Premier Center Sen Sok, the Year-End Property Sale 2020 will feature more than 60 exhibitors showcasing their offerings ranging from daily consumer products to big real estate developments. The Year-End Property Sale 2020 is shaping up to be the most exciting consumer expo of the year!But thatโ€™s not all! The Year-End Property Sale 2020 is the first-ever offline/physical expo complemented by an online sale - happening at the same time. Starting from November 27 to December 11, registered users will have the opportunity to reserve exclusive discounts on Cambodiaโ€™s most sought-after property developments!Year-End Property Sale 2020 Registration and Online ExpoNOTE: Only registered users can participate in the online event. Register now so you donโ€™t miss out on great deals ahead!Massive marketing spend over $100,000, join us as an exhibitor/sponsor today!The Year-End Property Sale 2020 is expecting 10,000 people to attend the event - with more people coming in the succeeding weeks through the online expo from Nov 27 to Dec 11. This could be the marketing your business needs!The biggest consumer expo of 2020 isnโ€™t just big because we said so. The Year-End Property Sale 2020 is spending over $100,000 in marketing through print media, radio campaigns, social media, email marketing, direct mailers, public relations, and online advertisements.Not many events in the Kingdom have the same reach Realestate.com.kh has; estimated to be in the hundreds of thousands, if not in the millions by the time the event starts on November 27. This is great news for exhibitors and sponsors who have already signed-up as they are getting the most out of this expansive marketing campaign.Prime slots for sponsors and exhibitors are starting to fill up, thatโ€™s why weโ€™re inviting all interested exhibitors, sponsors, and other interested businesses, who want to ride this massive marketing wave, to contact us today!Key contactsFor all borey and plot land developers:ย Mey Soun (Khmer/English)mey.soun@realestate.com.kh+855 77 241 285For condominium and mixed-use developers:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305For property developers and other interested exhibitors:ย James Whitehead (English)james.whitehead@realestate.com.kh+855 086 972 061
Vue Aston set to open simultaneously with bridge connecting Koh Pich and Koh Norea
Vue Aston set to open simultaneously with bridge connecting Koh Pich and Koh Norea
June 6, 2022, 5:01 p.m.
According to Mr. Du Sangnam, Vice President of Cambodia Overseas China-Cambodia Investment Corporation (OCIC), the cable-stayed bridge connecting Diamond Island and Koh Norea Development Zone officially commenced in October 2020. The entire construction period is expected to take 32 months and cost about 50 million USD.The cable-stayed bridge is reported to be 500 meters long and 24.5 meters wide, all designed in Khmer style. In addition to connecting the two satellite cities, the cable-stayed bridge will also connect to National Highway No. 1 to ease traffic congestion.OCIC initially proposed to build 2 different projects: an underwater tunnel and a water bridge. Plans were changed, however, when it was considered that another cable bridge can stand as a testament to the developing scenery in Phnom Penh.The new bridge is expected to significantly reduce travel times to and from the Phnom Penh city center. The riverside area, consequently, might see an increase in foot traffic as the area becomes more accessible to more people in the city.Additionally, linking Diamond Island and Chbar Ampov would easily increase the residential and commercial value of both districts. The satellite city being also developed in Chbar Ampov is expected to drive a new surge in prices and investments upon completion. Vue Aston is in an enviable location as its already promising residential offerings are only made even better by the high-value infrastructure soon coming to Chbar Ampov.ย โ€”โ€”After completion, the average price of the Vue Aston will be $2380, and the down payment will be as low as 5%! The project provides charter services, with an annual rental return of 5%-9% (increasing year by year).โ€”โ€”Full payment, mortgage, installment, and multiple payment methods are available, effectively using capital leverage to obtain maximum returns.Vue Aston, the next "Tomson Yipin"Vue Aston rises in the middle of everything any property seeker/investors look for. One side, it has luxury residences for great prices, and on the other, a gradually developing environment specifically designed for long-term residential and commercial developments; a testament to Chbar Ampovโ€™s status as an up-and-coming district in Phnom Penh.Vue Aston sits at a waterfront scenery and certainly delivers on a residence built around it. The project pursues high-quality living and satisfies the increasingly sophisticated taste of Cambodian buyers. Vue Aston is already being touted as a choice for urban elites looking to live a luxury lifestyle outside the hustle and bustle of the city center.At the convergence of riches and riversVue Astonโ€™s location was carefully selected by the Peninsula Capital to offer magnificent views of the majestic Tonle Bassac and Mekong Rivers. Such a waterfront landscape, complemented by massive infrastructure developments, makes it a prime property thatโ€™s only going to see continued appreciation as time goes by. Vue Aston offers a magnificent feeling in more ways than one.Vue Astonโ€™s comforts donโ€™t simply stop within Phom Penh. In a recent agreement by Cambodian and Vietnamese transport authorities, the involved agencies will be facilitating the building of a joint highway project called, โ€œHi Chi Minh City-Phnom Penh Highwayโ€. Once the project is completed, it is expected that it will only take Vue Aston residents a mere 2 hours to get to Ho Chi Minh!If the Vue Astonโ€™s surrounding developments and prime amenities arenโ€™t enough to convince you of its residential value, then this massive undertaking between two countries will!A masterpiece of modern luxury livingAston Vue Aston has a total construction area of โ€‹โ€‹about 5358.4 square meters and a total of 38 floors. It is a modern Phnom Penh landmark building that integrates apartments, hotels, and buildings. Created jointly by the US HKS Architects and Gold Mantis Decoration Design Company of Shengzhen International, it is an unprecedented and outstanding classic in Phnom Penh.From stepping into the lobby to the deepest corner of the home, Vue Aston Apartment is meticulously crafted in every detail, creating a familiar and warm "home" for you.The 3~6 floors of the project are classic hotel apartments, the 7~32 floors are wide-view suites, and the 35~38 floors are luxury collection apartments. The entire building facade adopts a simple style with a modern and fashionable atmosphere.In terms of landscape design, Vue Aston takes the flowing curve generated by the encounter between the Mekong River and the surrounding trees as the main design element and uses modern techniques throughout the project to achieve a five-dimensional landscape effect. This design element produces endless changes and possibilities as Chbar Ampov improves.Made for Phnom Penhโ€™s luxury seekersEntrances play a big role in distinguishing the kind of life residential projects want to provide. Vue Aston put a great deal of thought into the two ways residents get in and out of their home: the lobby and the car entrances. The lobby is filled with green grass, flowing water features, and marvelous finishes that embrace residents with a feeling of home. Those driving home can immediately feel secure that their car is safe overnight.The lobby area of โ€‹โ€‹the apartment is about 200 square meters with a ceiling height of 7.8 meters; it includes the lobby meeting area, reception area, and 24-hour front desk; the design adopts marble floor, real silk hard-covered wall, stainless steel mirror ceiling, and presents the unique blend of Eastern and Western architectural influences. Next to the entrance of the apartment, there is a 24-hour convenience store that provides services to residents.Unparalleled sky gardenIn the pursuit of unparalleled comforts, Vue Aston pays a lot of attention to bringing immersive comfort to the residents and infusing the texture and depth of life into the details of the entire project. The sky garden on the 33rd floor has a net area of โ€‹โ€‹about 500 square meters and is planted with a variety of tropical plants. This area allows you to stroll with the beautiful sky garden and feel the tenderness of nature.The extraordinary Sky BarFrom a height of 100 meters, you can admire the sunset and brilliant night view of Phnom Penh. Enjoy dinner and even help yourself at the best sky bar in the city, overlooking the night view of the city. In the clouds, breathing the fresh air hundreds of meters high, let time slow down, let life unwind, all the high-rise buildings are at your feet, all the crowds and noise are isolated. Every moment is enjoyed at the Vue Aston.Private marina, the beginnings of exquisite livingThe advantage of Vue Aston is centered on an exquisite lifestyle made possible by an exclusive restaurant, gym, private cinema, coffee shop, sauna, SPA, etc., so you can enjoy the convenience without leaving home.Itโ€™s worth mentioning that Vue Aston is also the first residential project in Phnom Penh with a private yacht marina and an exclusive water bus. The riverside area is an open terrace green space with an area of โ€‹โ€‹about 1,500 square meters. It is a paradise for exclusive events and various private activities.The project adheres to the design concept of the infinity pool in the Sky Garden of Singapore Sands Hotel and provides the owner with an infinity pool. Not only can you take in the view of Phnom Penh from the highest point, but you can also have thrilling day-to-day at your fingertips. Vue Astonโ€™s panoramic view of Phnom Penh brings incomparable comfort and comfort to people's hearts and redefines the concept of luxury living.A residential investment for generationsVue Aston is a multi-generation international hotel apartment. Every household is equipped with a balcony with a view of the excellent Phnom Penh landscape. The project has a compact design, reasonable functional layout, complete living and reception areas, kitchen, bathroom, and balcony. Every unit meets the diverse residential and even creative needs of owners.At present, there are 4 main types of units. Most units are equipped with panoramic floor-to-ceiling glass windows so that the river view of Mekong and Tonle Bassac River and the prosperous view of Phnom Penhโ€™s CBD can be enjoyed with a wide and relaxing vista.The Vue Aston is a top luxury mansion that stands as a testament to Phnom Penhโ€™s prosperity as it is surrounded by the city's growing number of conveniences and accompanied by a host of upper-class life luxuries.
Large apartments sale prices drop by 32% as of Q3 2020
Large apartments sale prices drop by 32% as of Q3 2020
June 6, 2022, 5:01 p.m.
While Cambodia has done relatively well in containing its COVID-19 infections, the threat of the disease remains to be an obstacle to the Kingdomโ€™s return to pre-outbreak economic form. Cambodiaโ€™s real estate sector, one of the key drivers for its growth in the past decade, is still undergoing a slump due to continuing travel restrictions and reluctance of the usual international clientele to go through mandatory quarantines on both ends of the flight.Key highlights of condo/apartment prices in Cambodia:3-bedroom apartments slide by 32% compared to January 2020 prices2-bedroom apartments underwent no significant price disruptions in the months following the outbreakThe median price difference of 2-bedroom units and 3-bedroom units now down to 26% compared to 75% median price difference in January 2020ย ย ย ย ย ย Cambodiaโ€™s real estate sector saw massive developments, particularly in the high-end of the market, mainly fueled by foreign demand. But as it became increasingly clear that COVID-19 was going to affect international travel, real estate analysts braced the industry for major disruptions in the market.January 2020 prices of 3-bedroom units kicked off at a median of $324,000. The price median remained largely unchanged until a steep drop off in the month of April and another drop off in May. As of September 2020, the median price for these units has dropped to $212,500. The market correction appears to be stabilizing at this price point for this particular property type.Additionally, this may be a good time for families who are interested in buying larger units to consider buying a 3-bedroom instead of a 2-bedroom as the price difference is now only 26% compared to the price difference of 75% back in January 2020.On the other hand, 2-bedroom and 1-bedroom units remained mostly stable with slight adjustments on the latter. These more affordable apartments have been seeing an increase in interest and are expected to see the most interest given the absence of the usual luxury foreign market and the resulting emphasis on delivering for the local market.The slowdown in the Cambodian property market presents a good opportunity for local buyers or even foreign investors to buy at a significantly lower price. It may still be some time before the market bounces back. But as median prices stand, the usual luxury tier units may be in reach of more mid-high class Cambodians to purchase.Article by:
AMASS Central Tower office space offered at $18 per sqm in BKK1
AMASS Central Tower office space offered at $18 per sqm in BKK1
June 7, 2022, 4:43 a.m.
A rare B-level office building in Phnom PenhAt present, the office supply market in Phnom Penh is dominated by Grade C office buildings, accounting for about 51% of the total supply, while Grade B office buildings and Grade A office buildings account for 35% and 14%, respectively. AMASS Business Center is a rare modern B-level shared office building in the center of Phnom Penh.The AMASS business centre has a total of 25 floors, all able to provide various needs of todayโ€™s office workers; there are also 50 office units available that can provide office services for at least 50 companies. Of these floors, 24 floors are provided for office space, among which (25th floor) is a modern sky bar, which can enjoy the international office.Phnom Penh BKK1 DistrictLocated in a gathering place for business peopleAMASS Business Center sits in the most prosperous and prosperous area of โ€‹โ€‹Phnom Penh, the center of the BKK1 area (also known as the embassy area), where wealthy foreigners and business people spend most of the week. Relatively speaking, it is the area with the best commercial foot traffic due to the presence of many conveniences and is known for the good amount of security felt in the area.AMASS is surrounded by four main urban roads where there are hotels, cafes, bars, banks, and supermarkets. Its strategic location provides for convenient transportation, and many comfortable, high-end residential and business office projects can be found well within the vicinity.Comfortable and efficient international office environmentGetting to and from work every day will take a toll on anyone at some point. AMASSโ€™s office design and location both create a comfortable environment where modern-day workers can easily be inspired to spur creativity and cultivate good communication and collaboration between one another.The AMASS business center is equipped with central air-conditioning, floor-mounted sockets, high-efficiency sound insulation panels, and security systems such as access control, fire alarm, automatic fire extinguishing, and visual monitoring. Its high-quality property services make it very suitable for enterprises who require all the basics covered, and more, of modern working environments.The open office space and the full floor-to-ceiling window design greatly maximize the light coming into the room. A cup of fragrant coffee during work breaks would do well here as the bright space is complemented by a spectacular vista of Phnom Penhโ€™s skyline; a panoramic view of the city and your vitality recovers in a moment.ย Elevator parking lotEasy parking and easy commutingThe AMASS business center is equipped with a vertical automatic elevator parking system. Drivers need only to turn the car towards the entrance and exit, and the car lift platform will automatically lift and transport the car to the empty parking space, reducing the need for drivers to spend time parking themselves.ย Diverse apartment typesCan meet different office needsย Type A Office Space45.20-93.29 square meters$18/sqmThe A-type office space covers an area of โ€‹โ€‹45.20-93.29 square meters, suitable for start-up enterprises to settle in, located on the 1st floor. The office space provides air-conditioning, fire alarm, automatic fire extinguishing, safe plug-in, efficient compartment floor, public pantry, public refrigerator, and other devices, and the rent is only $18/square meter.ย Type B office space111.40-184.28 square meters$18/sqmThe C-type office space covers an area of โ€‹โ€‹168.20-185.83 sqm, located on 18F-24F. Business people who settled in the enterprise can communicate with the neighboring office and can take a rest in the public tea room whenever the going gets tough.ย Type D Office Space282.54 square meters~355 square meters$18/sqmType D is an additional floor and a full-floor office. The area ranges from 282.5sqm to 355sqm, located on MF and any floor, for customers to choose from. A large area of the โ€‹โ€‹office can provide enterprises with spacious, comfortable, and clean office space.