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Prince Happiness Plaza prime office space in Phnom Penh’s CBD
Prince Happiness Plaza prime office space in Phnom Penh’s CBD
June 6, 2022, 5:01 p.m.
There are studies suggesting that a person spends an average of 10 years of their 78 life-years at work. If we include overtime work, that’s another 14 months added to an already significant amount of time spent on the grind.Obviously, one’s work plays an important part in people’s lives and a good working environment makes the time spent at work at a lot more productive and beneficial to anyone’s career.5A grade office space has become the best choice for companies thanks to selective locations, full range of facilities, and an atmosphere fit for the business.The noticeable differences between 5A offices and mediocre ones lie in the premium business space with top-tier comforts and the humanized office experience. It is not a simple compartment made of concrete, but a place suited for cooperation and productivity.The Prince Happiness Plaza, a landmark development in Phnom Penh’s CBD, is providing world-class office spaces. It offers both a sense of awe from its design architecture and more importantly, an environment beneficial for careers and contentment.How would you imagine your career in the Prince Happiness Plaza?Leisure communeTake your time to prepare for a new day as there’s no need to worry about beating the rush hour traffic. Your office in the Prince Happiness Plaza sits along the Monivong Boulevard ringed by Road 271 and Hun Sen Boulevard. The building is equipped with 11 high-speed elevators which quickly bring you to your office floor, regardless of rush hour traffic.Dullness-freeA dull day can be quite the stress on its own, more so if that added up to actual stress from your workload. Prince Happiness Plaza’s mirror-like glass walls offer expansive views of the beautiful cityscape, a scenery perfect for when you just want to sit back and relax. Offices also offer a grand view of the Mekong and a nighttime view of the shining lights along the riverside, giving any overtime work you may have an invaluable set of sights you can rest and enjoy.Moreover, office spaces in Prince Happiness Plaza have a flexible combination of floor plans with sizes ranging from 41-2294 sqm specifically designed to meet the various needs of businesses and their workers. The layout on each floor also includes segment of atriums for rendezvous or small events, meaning a team rapport or networking can naturally come along.Funs at the doorstepTo indulge yourself with kinds of joy after a workday at the Prince Happiness Plaza is just a few steps away from your door. Find a nice place to hang out with friends or colleagues, or go to a movie after a fine meal, or enjoy a shopping spree ... all is there for you in and out of the Plaza. Prince Happiness Plaza, a building in Phnom Penh CBD with a floor area of 800,000 sqm, is a commercial centre with shopping streets, a super large shopping mall, a five-star hotel, serviced apartments. In a few-minute drive, you may reach many more mega-retailers, such as AEON 3, Peng Huoth Mall, Russian Market, and Central Market. So to say, all you would like to have for a happy hour can be reached in no time.More details of Prince Happiness PlazaThe ideal space for work of today usually comes with a modern structure, easy access, and surrounded by a decent neighbourhood - Prince Happiness Plaza offers all of these and more. It’s only a fine choice for urban elites, it also serves as a testament to any successful business.Prince Happiness Plaza is located in the heart of ​​southern Phnom Penh, a part of town seeing continuous growth. Famous landmarks, such as the Independence Monument, National Museum, and the Royal Palace are nearby. A cluster of embassies, including Australia, Japan, Thailand, Russia, Malaysia, among many others are within reach.Modern medical institutions such as the First Center Polyclinic and Bayon Hospital, and international schools such as ISPP, PARAGON, and Royal University of Law and Economics are all within a 2-kilometre radius. It is also close to tons of leisure and entertainment which includes AEON 3, PH Mall, Russian Market, Central Market, Sofitel Hotel, Bassac River Restaurant, and Naga World. Occupants of the Plaza can easily enjoy all the offerings from a wide range of available amenities.Additionally, Prince Happiness Plaza is located right along Monivong Blvd, well within the area where Monivong, Road 271, and Hun Sen Blvd all merge - allowing for quick access to the heart of Phnom Penh, the airport, and basically anywhere else in the city!Seize a spot in the heart of a rising stage, where an icon will soon stand! Do not miss out on the metropolitan luxury residence (MERRYLAND) and its office assets (SKYRISE), both available for international sale!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
UPDATE ON “THE PEAK” PROJECT IN CAMBODIA
UPDATE ON “THE PEAK” PROJECT IN CAMBODIA
June 6, 2022, 5:01 p.m.
28 February 2020 - The Peak is a 55-storey mixed hotel development project comprising one tower of hotel and offices, two towers of residential units, a retail mall and a multi-story car park (the "Project"), which is being developed by Oxley Gem (Cambodia) Co., Ltd. ("Oxley Gem"), a subsidiary of Oxley Holdings Limited. Sino Great Wall International Engineering Co., Ltd. ("SGW") was engaged as the main contractor for the Project.Unfortunately, due to financial difficulties faced by the parent company of SGW and their continued mismanagement of the Project, the Project was wrought with significant delays and difficulties. Oxley Gem, as the developer of the Project, had repeatedly sought to assist SGW to meet the contractually stipulated timelines and even granted goodwill extensions to SGW. However, there were no significant improvements in the performance of SGW and it became apparent that it was not possible for SGW to complete the Project within any reasonable timeframe in the foreseeable future. In order to mitigate any further delays in the Project, Oxley Gem decided to terminate the contract with SGW in October 2019.Oxley Gem has since vetted and appointed another main contractor, China Railway Urban Construction Group Co., Ltd. ("CRUCG"), which is a state-owned entity in China with a strong financial position.Upon termination, SGW was required to vacate the site in order for CRUCG to complete the Project. In defiance of its contractual obligations, SGW refused to vacate the Project site and wrongfully occupied the site. This has caused further delays in the Project as CRUCG was not able to enter the site to commence work on the Project.Oxley Gem proceeded to commence legal proceedings to seek an injunction from the Cambodian court to evict SGW from the Project site and to enable Oxley Gem to exercise its lawful rights as developer and owner of the Project. In the course of the injunction proceedings, SGW was given due opportunity to respond and present their case. However, SGW chose not to do so and the Cambodian courts found merit in Oxley Gem's case. Oxley Gem successfully obtained an injunction order to evict SGW, their subcontractors and their workers from the Project site on 14 February 2020.On 25 February 2020, the Cambodian court appointed bailiff commenced the execution of the injunction order at the Project site in a legal and proper manner with the support of competent governmental authorities. SGW was highly uncooperative with the court bailiff and resisted compliance of the injunction order, eventually causing an altercation with the authority. Oxley Gem is advised by its lawyers that such obstruction by SGW to the enforcement of a court order may constitute a criminal offence under Cambodian law.The court bailiff eventually successfully escorted all SGW personnel from the Project site. As of today, Oxley Gem has regained full control of the Project site and CRUCG will be commencing work on the Project as soon as possible.Oxley Gem is currently instructing its lawyers to seek compensation from SGW for all damages suffered due to the various breaches of contract and the misconduct of SGW.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Realestate.com.kh livestreams on prop-tech giant Fang.com to update Cambodia’s property market
Realestate.com.kh livestreams on prop-tech giant Fang.com to update Cambodia’s property market
June 7, 2022, 4:06 a.m.
Whilst Cambodia’s economy continues to grow at close to 7% year on year and experiencing booming agriculture, manufacturing and property industries - recent global events of coronavirus outbreak has caused a slowdown in tourists numbers globally.Realestate.com.kh does not have the official inbound tourists numbers for Cambodia since the coronavirus outbreak, however, it is being reported via international media that there is a slow down in tourism in general.To combat this, the team at Realestate.com.kh wanted to continue spreading the message that Cambodia is open for business. The country remains a booming economy that is attractive to both local and international investors, multinational companies and more.On Tuesday afternoon Realestate.com.kh launched its first live stream about the Cambodian property market on Fang.com which received a remarkable 40,000 followers and over 10,000 viewers and over 8,000 likes.The CEO of Realestate.com.kh Thomas O’Sullivan noted “Cambodia remains one of the most under urbanised markets in the region, and with urbanisation rates set to climb from 20% two years ago to 36% by 2035 there is simply a need for more housing in the main cities in Cambodia, which posses a great opportunity for international investors, they can be confident that their units will be occupied by renters, which means they will be getting a return on their purchase. We generated 100’s of leads for Cambodian properties during the live stream”This innovative way of bringing Cambodian property to the world via live stream is just one of the ways Realestate.com.kh intends to play its part in continuing to help its clients and promote Cambodia.Realestate.com.kh will be profiling real estate agents, developers and providing market updates on every Tuesday at 3:00 pm on Fang.com.If you are a property developer, real estate agent or generally want to continue the mission to promote Cambodia, you are more than welcome to join one of the panel discussions over the next few months.If you are a current client of Realestate.com.kh please contact your relationship manager, otherwise please contact:Nin Kang (Chinese / Khmer)+855 (0)78 637323nin.kang@realestate.com.khAlex Sing - English (Real Estate Agency)+855 (0)15 583420alex.sing@realestate.com.khTyler Stuart - English (Property Developer)+855 (0)12 599669tyler.stuart@realestate.com.kh Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:
Realestate.com.kh acquires B2B Cambodia
Realestate.com.kh acquires B2B Cambodia
June 6, 2022, 5:01 p.m.
Realestate.com.kh, Cambodia’s number 1 real estate platform, recently acquired B2B Cambodia, a website that offers the most trusted online resources for business investors, owners, managers and multinational companies looking to expand operations or set up a business in the country. The website attracts thousands of visitors from all over the globe every day, with the leading countries being The United States, Singapore, Thailand, Malaysia, Vietnam, Australia and of course Cambodia.Thomas O’Sullivan, realestate.com.kh’s CEO said the acquisition of B2B Cambodia was exciting as the essence of B2B Cambodia aligns with Realestate.com.kh’s core values as it helps create transparency in the market, makes it easier to navigate the business landscape and helps Cambodia improve as a country.Mr. O’Sullivan said “We have been working with B2B Cambodia for the past 5 years, so it was a natural decision for us to acquire the website. Multinational companies and individuals looking to move to Cambodia to set up a business, or create a life in the Kingdom, are of course looking to buy and rent homes as well as searching for commercial real estate whether it be office space, retail shops and more.”“We believe that this adds even more value to our clients in generating leads, particularly anything related to commercial property as well as ancillary services to the real estate market including telecommunications, business advisory, law firms, banks, insurance and relocation companies. We are also passionate about providing companies and individuals with a definitive guide to life and business in Cambodia, including profiling the leading schools, guiding users to embassies or consulates, facilitating potential job opportunities and more.”Realestate.com.kh’s acquisition of B2B Cambodia was facilitated by Cambodian Investment Management (CIM).Anthony Galliano, CIM’s CEO said, “B2B Cambodia has remains an invaluable source of information for anyone doing business in the Kingdom.”Established in 2012, B2B Cambodia was created with the ultimate goal to help professionals setting up and managing businesses in Cambodia. The website offers news, market overviews, guides and has the most comprehensive directory of business operations in the Kingdom.Steve Noble, the editor of B2B Cambodia, said recently the team has been working hard behind the scenes to make the website more relevant, including updating and inputting content that is valuable for readers, particularly anyone looking to do business in Cambodia.He alluded to further changes saying, “From a technical point of view, there are a lot of enhancements we are rolling out, some of which may not be as obvious from the start, but we have a bold and achievable plan to make us an indispensable resource for all businesses in Cambodia,”B2B Cambodia has already launched the live chat support, which has generated 100+ leads in relation to business registration, tax, audit, banking, finance and real estate.“It will also be important for us to listen to our customers to understand what is most important for them in delivering key information in this fast-changing business environment,” he added.Aside from the constant flow of business guides, related news and industry overviews, one of the most popular resources and high traffic pages on the website is the business directory. Users can find leading Cambodian companies and contact information, that makes life in Cambodia all that much easier to navigate.If you are interested in adding your business to the ever-growing directory on B2B Cambodia or have any questions in relation to B2B Cambodia please contact your relationship manager at Realestate.com.kh orSteve Noble steve.noble@b2b-cambodia.com Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:
Realestate.com.kh has undergone a huge revolution to improve the property search experience
Realestate.com.kh has undergone a huge revolution to improve the property search experience
June 6, 2022, 5:01 p.m.
Realestate.com.kh, Cambodia’s #1 property classifieds site, recently underwent improvements to meet the Kingdom’s growing property demand. Established in 2009, realestate.com.kh has connected both local and foreign property seekers to real estate agents and developers across Cambodia. As a result, it has been the established property portal for thousands of daily users searching for property up for sale or rent across the country.As the Kingdom’s real estate industry grows, so does the preference of its markets. Realestate.com.kh continues to revolutionise the property search experience for users and property developers on the site.Improved property listings page​The new property listings page now highlights the important details about the property you’re looking at. Information such as construction progress, completion year, downpayment ratio, floor area, floor designation, and many other details are all visible at a glance. These are immediately visible upon visiting any property listing and their sub-listings, making your property search a lot easier and faster!Real-time translation for live-chatCambodia is home to different walks of life, all looking for something in common: a place to live. Realestate.com.kh’s live chat makes it easy for you to chat with agents through a real-time live-chat translation of your messages into any of the 3 supported languages: Khmer, English, and Chinese. Wherever you’re from or whatever language you speak, all the country’s top agents using realestate.com.kh website and App can help you find your dream home in Cambodia.Inquire and close deals in live-chatPart of the update improves live-chat as it now allows for listings to be shared, property photos, and even contracts within the chat! There’s definitely no more need to keep switching to multiple apps just to view photos, listings, and to review contracts. All of these can now be done in one convenient place within the live-chat. Stay tuned, we will be announcing more huge improvements in the coming weeks regarding our live-chat feature.Book a schedule for showroomsInterested in visiting a showroom? Realestate.com.kh makes it easier for you to book appointments with property developers you want to look at. Simply fill out the “Book Visit” option conveniently located on the screen to schedule a visit. You even have the option of filling out your budget and the number of bedrooms you’re looking for. Upon filling these out, the developer will then be notified of your visit and your preferences. So, on the day of your visit, the showrooms and the agent are ready to accommodate you - easy!Property search supports multiple languagesRealestate.com.kh is the only property search website in Cambodia that allows you to search in Khmer, English, and Chinese! Whether you’re someone looking for a residential property or an investor looking for investment opportunities in real estate, only Realestate.com.kh allows you conveniently search over 20,000 property listings in all 3 business languages within the Kingdom.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:
CREA News Page 2024 ENG
Why more and more investors eyeing on large apartments
Why more and more investors eyeing on large apartments
June 6, 2022, 5:01 p.m.
The essence of happiness can be found in simplicity,A large and comfortable bedThe sunshine casting on your balconyA cozy space for peace and solitudeBut deep down, all you need is the feeling of warmth and joyAt a place, you can genuinely call home.Cambodia's growth and improving economyEnable her people to dream of greater pursuits.On top of urban developments, location, and modern considerationsThe quality of an apartment has been redefined with higher standardsLarge homes have become a good part of a sought-after lifestyleEspecially for inhabitants in the Khmer megalopolis.Choose large apartments for a new life experienceLive a life of new experiences in Prince International PlazaA cutting-edge product of the Spirit of CraftsmanshipOffers you a tailor-made and quiet luxury of 157-sqmWith a smart layout in practical partitionsNot only in the function of each room, but in form, as wellThe well-designed large apartment by the Prince Internationalwas molded in the essences of aesthetics, activity, comfort, and spaceIt’s where a happy life for quality-seeking families comes from.Space of aesthetics at Prince International PlazaHere’s a vision of life in a big apartment, Wake up to a ray of gentle sunshine in the fresh morningStretch out in your roomy space while enjoying a family timeTake advantage of the generous sense of space with open viewsA rich combination of landscape and lively atmosphereOwn an ample and refined property up in the skiesA year-round invitation to breeze and sunshineSpace of personal interests at Prince International PlazaThe large living room is important for quality time with familyThe functional layout accommodates unique personalitiesMultiple partitions allow families to enjoy one’s own hobbies in privacyThe spacious and bright space is also a place of inspirationSit in contemplation whilst appreciating the beautiful sceneryShare the harmonic ambience while spending time with friendsLife can be so vivid and excitingA sense of harmony across generations at Prince International PlazaWhoever you may beA couple of newlyweds or an extended familyA home of 157 sqm has all you will need in the new chapters of your lifeA flexible space, just for you, at Prince International PlazaBe it stretching out and reaching for the open sky every morningOr having a mini greenhouse or a yard to play with the kidsPerhaps even a private study to explore your interestsYou have the freedom to realize the lifestyle you wantLive a life according to your tastesLarge apartments have become a popular choice among home buyersDo not miss out the options at Prince International PlazaRange from 50-sqm studio to 157-sqm family home.Realestate.com.kh is proud to bring the first Black Friday Property Sale to the Cambodian real estate market. Register now to secure the never-before-seen big discount from projects across Cambodia. If you are a developer and want more information about this event please contact:Nin Kang+855 78 637 323+855 93 552 305nin.kang@realestate.com.khSoun Sumey+855 77 241 285mey.soun@realestate.com.khIf you are a real estate agency, media platform, bank or related business and want to join as an affiliate please contact:Chen Huyhong+855 98 526 671cheng.huyhong@realestate.com.khSun Rattanak+855 17 884 161rattanak.sun@realestate.com.kh
The Sky Villa - Cambodia's premier 5-star condominium opening in 2020
The Sky Villa - Cambodia's premier 5-star condominium opening in 2020
June 6, 2022, 5:01 p.m.
Realise your long-awaited life of leisure and luxury with the Sky Villa; the latest prime property to rise in the heart of Phnom Penh.The twin-tower Sky Villa is the latest addition to Phnom Penh’s thriving city center. Each tower stands tall with 35 storeys adjoined at the top 34th and 35th floors offering a variety of top-class amenities: an infinity pool, curated gardens, fitness centers, saunas & spas, gourmet restaurants, and an exclusive lounge: The Sky Villa Club, which grants residents a spectacular sky-high view of the city.The Sky Villa residential condominium was designed by one of the renowned architects of the iconic Taipei 101, C.Y. Lee. With the best talents behind Sky Villas’ design, every room from the Grand Lobby’s reception, to the Mezzanine and up the hallways and into your bedroom - all become seamlessly reminiscent of the comforts and luxuries of home.The Sky Villa offers a total of 256 units for sale. The units range from 270 to 500 sqm of living space, making them the biggest condos in Cambodia. These units were specifically designed for both personal and multi-generational living with luxurious leisure. Seniors, Millennials, and everyone in between can find a corner of the Sky Villa they can call their own.And much like any dream home; every need and every want are within reach. The Sky Villa sits along the Poland Republic Boulevard within the capital’s busy Khan 7 Makara. Right at its doorstep is Cambodia’s National Olympic Stadium and the Olympia Mall. The Sky Villa is also conveniently located at a midpoint between Phnom Penh’s AEON Mall 1 and Central Mall, making your shopping decisions all a matter of which mall do you feel like going to today?The Sky Villa’s in-house services make it a genuine extension of a luxury lifestyle as its staff can assist you in making everyday life much easier. These include organizing transport, housekeeping & laundry, grocery shopping, secretarial services, events planning, and many more. Its 24/7 concierge can help give you inside knowledge of the surrounding area; granting you a more vibrant experience of Phnom Penh’s many facets of business and entertainment.The Sky Villa takes the security of its residents as a major priority. Around-the-clock surveillance of CCTVs is strategically placed in both towers. Each unit is also outfitted with an electronic lockset to give you the peace of mind you deserve.Take a peek of the life you can have in Sky Villa’s luxury units. Experience walking from its entrance to its gorgeous lounge area, its elegant living room, and its charming bedrooms at your own leisure through a 360 virtual tour:The Sky Villa is a joint-venture between GreatView Investment Pte Ltd., and MCC Land Singapore, both companies being Singapore-based companies focused on real estate development and engineering.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Discover regal luxury living in the Prince Golden Bay
Discover regal luxury living in the Prince Golden Bay
June 6, 2022, 5:01 p.m.
Beaches, buildings, and business - the usual things that come to mind when talking about Sihanoukville. But a new development, close to its pristine beaches, tall buildings, and many lucrative businesses combine all these into a new level of luxury living: Prince Golden Bay.The Prince Golden Bay is a new mixed-use development offering residential and commercial spaces close to Sihanoukville’s famed Sokha beach. It consists of 4 condominium towers connected by a shopping centre spanning 50,000 sqm, making it the premier symbol of Sihanoukville’s leap into a major economic hub across South East Asia.A residence fit for royaltyThe Prince Golden Bay offers luxury units ranging from 32 to 76 sqm. The project’s developer, Prince Huan Yu Real Estate, believes luxury living as having a range of choices; a belief that extends to its units which can be modified or combined according to the needs and wants of early buyers and investors.Over 2,000 units are spread across its 4 iconic towers, each one offering a view of Sihanoukville and its famous beaches. But you have to be quick as units facing the picturesque Sokha beachfront will likely sell out soon!Residents of the Prince Golden Bay can further enjoy a life of regal luxury courtesy of its expansive shopping centre home to department stores, supermarkets, retail outlets, and many other conveniences standard to a modern city.These are complemented by the Prince Golden Bay’s own condominium amenities including a rooftop garden, a well-equipped fitness centre, and a large outdoor swimming pool.Nearby transportation hubs such as the ferry terminal, train stations, and the landmark lion roundabout are less than 10 mins away. Much like a true royal, everything you need is right at your doorstep.A golden opportunity awaitsFrom business to pleasure, the Prince Golden Bay delivers a level of service not before seen in the booming town of Sihanoukville. As such, the Prince Golden Bay offers early investors a guaranteed rental return of 8% for 2 years.Discover a new level of luxury living with Prince Golden Bay today!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Keep calm and carry on: How to stay healthy at public events
Keep calm and carry on: How to stay healthy at public events
April 18, 2024, 2:07 a.m.
(Over 60 million people in China are still on lockdown as the People’s Republic of China and the World Health Organization struggle to contain the spread of the novel coronavirus)Be alert, don’t panic. There’s no need to cancel that business trip (unless it’s in heavily affected areas/countries) or skip that conference you’ve been waiting to go to. The novel coronavirus (Covid-19), while a present danger, can be easily avoided by following basic hygiene practices you’ve always known!But first, let’s have a bit of additional context.W.H.O. declares nCoV as a global health emergencyYes, the World Health Organization (WHO) has declared the novel coronavirus outbreak as a global health emergency or more technically known as a Public Health Emergency of International Concern (PHEIC). Let’s take a closer look at what this means.An outbreak’s classification as a PHEIC is not meant to be (and should not be) a cause for panic. This declaration is a signal that global health organizations and networks are the necessary steps, and using the necessary resources, to stop the outbreak from getting worse. This generally includes opening up channels of communications between clinical and research sites, unlocking financial and logistical support to these networks tackling the novel coronavirus outbreak, and holding states to account when it comes to reporting news and current cases.According to WHO Director-General Tedros Adhanom Ghebreyesus, the declaration of a Public Health Emergency of International Concern, or PHEIC, is meant to help support less industrialized countries and to try to prevent the virus from spreading in areas that are less equipped to detect and handle infections.(January 30, 2020. The World Health Organization (WHO) declared the novel coronavirus as a Public Health Emergency of International Concern (PHEIC). Image by GETTY.)Practical tips to avoid getting infectedWhile medical organizations, networks, and professionals are working 24/7 to keep the spread at bay, at the end of the day, your health is your responsibility. Here a few practical tips to avoid getting infected.Wash your hands FREQUENTLY The novel coronavirus spreads much like the common flu i.e. airborne particles, surface particles, and close contact to infected individuals. It’s also a fact often taken for granted that our hands are what we use to interact with our surroundings including shaking hands with people.Medical professionals’ advice is to wash your hands frequently for at least 20 seconds with hand soap and water. In their absence, you may use alcohol-based hand sanitizers to clean your hands. But hand soap and water are the preferred sanitizing options.Avoid touching your faceThe primary way viruses get infect our bodies is through our mucous membranes - these are our eyes, nose, and mouth. So, if you have this mannerism (of touching your face) then it’s high time you watch yourself. The less you touch your face before washing them for at least 20 seconds, the better!Clean common/shared areasObjects, especially shared ones, tend to be prevalent hosts of the novel coronavirus which can live on surfaces for quite some time. Now, this is not meant to discourage you from sharing, but simply a precaution to constantly wipe down shared objects and sanitize common areas as much as possible.Observe the 6-feet ruleThe novel coronavirus has been observed to follow the same transmission methods as the common influenza virus. This includes a 6-feet (1.8 metres) airborne transmission range. Be sure you observe this distance if you’re going to be in contact with someone showing symptoms (such as fever, coughing, and shortness of breath).Avoid traveling to heavily infected areasMultiple countries such as the United States, the United Kingdom, and Australia have issued a travel advisory to their citizens to cancel all non-essential travel to China. While Cambodia has not issued any restrictions to its citizens, it would be wise to observe personal precautions when traveling to heavily hit areas.(Washing your hands with soap and water for at least 20 seconds significantly reduces the chance of getting infected.)Be alert, don’t panicDon’t let viral posts from popular pages or “influencers” to claim to know the best way to prevent yourself from being infected without a credible source; a high amount of likes, shares, views, and retweets do not make a post accurate. Stick to advisories from health organizations such as the World Health Organization (WHO), the Center for Disease Control and Prevention (CDC) and the Ministry of Health for accurate information on the outbreak.Panicking does not help and will only lead to a rash decision that may domino into something detrimental to you or your family’s overall well-being. Instead, be alert by constantly sanitizing and avoiding contact with sick individuals.Your health is ultimately your responsibility, and the best way to be healthy is to keep calm and carry on.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:
Cambodia’s biggest Home & Lifestyle Expo 2020 is approaching
Cambodia’s biggest Home & Lifestyle Expo 2020 is approaching
June 6, 2022, 5:01 p.m.
The Home & Lifestyle Expo series organised by Realestate.com.kh, the country’s most popular real estate portal is back. Coming into the second year, Home & Lifestyle Expo 2020 is going to be once again the country’s biggest and most successful event, creating millions worth of deals within only two days. Booths are limited. So, call us now at 092 92 1000 to reserve your spot and be a part of another biggest sale of the year on property and lifestyle products. The Home & Lifestyle Expo 2019 remains the biggest event to date with a remarkable sale of the year with a whopping 30 million worth of property and over 20000 attendees in two days. Participating in the Home & Lifestyle Expo 2020 means you are joining over 100 exhibitors showcasing their products ranging from affordable housing and mid-range Borey projects right through to luxury villas, condominium and mixed-use developments. Where will the Home & Lifestyle Expo 2020 be held? The Home & Lifestyle Expo 2020 will be held for two days only, on the 24 and 25 April 2020 at Koh Pich Exhibition Center, the world-class and largest exhibition space in Phnom Penh. Koh Pich Exhibition Center is not only a perfect venue for such a big event, but it is also a favorite place among the locals and expats living in Phnom Penh.  It is extremely well-located right in the heart of Phnom Penh and is accessible from anywhere within the CBD. It is also a very well-known place for business people who frequently travel within Cambodia as well as the region. Who will be attending the Home & Lifestyle  Expo 2020? With hundreds of new projects and developments from across the country, the Home & Lifestyle Expo will attract all kinds of property seekers ranging from the first home buyers, middle-class families and affluent locals. It will also bring a pool of international investors including those from the region such as China, Hong Kong, Singapore, Taiwan, Malaysia. Thailand, Japan and Korea. Shopping, great deals and family time Besides real estate, there will also be other exhibitors from different industries including banks, microfinance institutions, cars, motorcycles, mobile phones, appliances, furniture, devices, jewelry, sportswear and fashion.  Better yet, attendees to the Home & Lifestyle Expo 2020 will also have chances to talk with representatives from some of the country’s leading financial providers to find out more regarding loan requirements and procedures for homes, cars and more. Visting Home & Lifestyle Expo 2020 is a perfect family day out together as it also includes food and drink booths and other fun facilities and activities for family and kids to enjoy together such as the bouncy castle and face painting. Country’s leading companies that already booked spots at Home & Lifestyle 2020 Expo As of now, some of Cambodia's leading property developers, banks, financial service providers, real estate agencies and architecture companies, have already secured their spots.Exhibitors include: Prince Real Estate (Cambodia) Co., Ltd, Morganford Investment (Cambodia) Co., Ltd,  Urban Village, La Vista One, Garden One, Creed Group, Parc 21 Residence, The Peninsula Private Residences, The Hexa, Golden Century, E City,  Borey VIP, Borey Lorn City, Borey The Flora, Borey Mongkul Phnom Penh, Aristo Developers, CBRE Cambodia, CPL, MZ Design, ACMA-Hitachi, RHB Bank, Lotus Broadcasting Services, Asian Markets Business Consultancy (CAMBC) and E&A Consultant Co., Ltd  Sponsors include: B2B CAMBODiA, foodpanda and Tnoat News. To reserve booth/booths or become a sponsor, please contact the team at Realestate.com.kh now.  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:
Cambodia’s biggest Home & Lifestyle Expo is back for 2020
Cambodia’s biggest Home & Lifestyle Expo is back for 2020
June 6, 2022, 5:01 p.m.
(Call now: 092 92 1000 for more information about booths and sponsorship) Are you currently looking or deciding to buy your first home or a new car for yourself, family members or loved ones for the upcoming New Year? If so, then you must visit this two-day Cambodia’s biggest Home & Lifestyle Expo 2020 which will be held on the 24 and 25 April 2020 at Koh Pich Exhibition Center.The Home & Lifestyle Expo 2020 is the second annual event of the Home & Lifestyle Expo series, organised by Realestate.com.kh, the number 1 property-focused marketing company in Cambodia.According to Thomas O’Sullivan, Realestate.com.kh CEO, last year’s event, the Home & Lifestyle 2019 was a great success. It had surpassed the company’s expectations in terms of the number of visitors and values worth of sales generated during the event. It attracted over 20,000 visitors with more than $ 30 million dollars in sales, including properties, cars, equipment, appliances, fashions and more.With the tremendous support from the Cambodian people and everyone residing in Cambodia, Realestate.com.kh is very pleased to create something that is really beneficial to the Cambodian market.Mr. Thomas O’Sullivan said, “ We are so excited to bring back the Home & Lifestyle Expo to the Cambodian market, especially to those who consider purchasing their first homes, cars or more. Ultimately, our goal is to give Cambodian families an opportunity to get the best deals of the year at the expo, and also to create a space where they can have the best weekend out together.”“The event will be bigger, better with greater deals,” he added.(The entrance of Home & Lifestyle Expo 2019 at Koh Pich Exhibition Center/ Realestate.com.kh) Okhna Cheng Keng, the chairman of CPL Cambodia Properties Limited, a leading real estate agency in Cambodia who participated in the Home & Lifestyle Expo last year said, the event was well-organised and attracted tens of thousands of people, which was a great opportunity for product branding and exposure.Okhna Cheng Keng said, “We had seen that it drove a lot of attention. It was a good event that attracted a huge crowd of people.”(A huge crowd of visitors to Home & Lifestyle Expo 2019 at Koh Pich Exhibition Center/ Realestate.com.kh)  What else?Besides exhibitors from the real estate industry showcasing their most prominent and latest development projects across the country with huge discounts including boreys, condos, office space, and lands. There will also be other exhibitors from other sectors spreading across over 100 booths at the Home & Lifestyle Expo 2020 including cars, motorcycles, mobile phones, appliances, furniture, devices, jewelry, sportswear, and equipment.Better yet, attendees to the Home & Lifestyle Expo 2020 can access to some of the country’s best banks, microfinance institutions regarding requirements and procedures to get house and car loans. Plus, it will also include food and drink booths and fun facilities for families to really enjoy together.Who is already on board for the Home & Lifestyle Expo 2020?As of now, some of Cambodia's leading property developers, banks, financial service providers, real estate agencies and architecture companies, have already secured their spots for the upcoming Home & Expo 2020 which will be held on the 24 and 25 April 2020 at Koh Pich Exhibition Centre.The exhibitors include: Prince Real Estate (Cambodia) Co.,Ltd , Morganford Investment (Cambodia) Co., Ltd. , Urban Village Phnom Penh, Garden One, La Vista One, Creed Group, Borey VIP, Borey Mongkul Phnom Penh, Borey Lorn City, Borey The Flora, Elite Capital 168, Parc 21 Residence, MZ Design, Aristo Developers, and ACMA Hitachi.Highlights of Home & Lifestyle Expo 2019 at Koh Pich Exhibition Center If you are looking to book a booth/booths or become a sponsor, please contact Realestate.com.kh now.  For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:
Prince Huan Yu Centre offers heap discounts for Chinese New Year
Prince Huan Yu Centre offers heap discounts for Chinese New Year
June 7, 2022, 6:32 a.m.
As the Chinese New Year commonly known as Spring Festival is approaching, are you ready to embrace the fortune of the Year of the Rat?To celebrate the imminent Spring Festival 2020, Prince Huan Yu Centre will kick off the Chinese New Year with big promotions. That said, a campaign of “win options of discount or freebies while enjoying your property hunting at Prince Huan Yu in Spring Festival 2020.”Come and buy a high-end quality property with a big promotion, it literally would be a good start of yielding your wealth of the Year of the Rat.Credits to its rare location, top-end quality and the prominence of brand building, Prince Huan Yu Centre has been the attention and favor of global investors since its open sales in 2019.Situates in the heart of CBDThe Prince Huan Yu Centre is built by Prince Huan Yu Real Estate Group, a subsidiary of Prince Holding Group. The project will be stood high in Phnom Penh's important administrative and business centre, the CBD of Chamkarmon district.It combines multiple products such as condos, office spaces, retail and business spaces. The building spanning on 140,000 sqm boasts platinum-graded apartment, grade 5A offices and 17,000-sqm commercial facilities.It is ambitious to stand out like a beacon landmark in CBD, which fully fulfills living & vacation, business & entertainment and other needs.Given the high demand and higher rental fees within the CBD gives another proof that Prince Huan Yu Centre is one of the hottest investment options in the capital and even across Southeast Asia.Prestigious brand means more confidenceAs one of the leaders in Cambodia’s real estate sector, Prince Huan Yu Real Estate Group has always adhered to the mission of "Building a Better Cambodia". In 2019, the group has set foot in two major cities, Phnom Penh and Sihanoukville, with six famous projects such as Prince Huan Yu Centre, Prince Finance Centre, Prince Golden Bay. The brand of Prince has resembled a shortcut to wealth accumulation for many investors.In 2020, Prince Huan Yu Centre wishes the best blessing to all of you and continues to achieve in building a beautiful living for a cause of better and more prosperous Cambodia.For more information, please go and meet the team at the headquarters located in the north of the Russian Embassy (next to NAGA 3) in Phnom Penh, Cambodia.Happy Chinese New Year 2020!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on April 24 and 25 at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
CBRE Cambodia fearless forecast 2020: winners and losers
CBRE Cambodia fearless forecast 2020: winners and losers
June 6, 2022, 11:11 p.m.
(Aerial view of buildings around Bassac area in Chamkarmon district / Realestate.com.kh) Rosewood Hotel, Phnom Penh: CBRE Fearless Forecast 2020 cited another strong year for Cambodia’s real estate sector. But Marc Townsend, Chairman of CBRE Cambodia, and the primary speaker at the event cautioned that while the Kingdom’s economy is expanding rapidly, adjustments have to be made to sustain the growth of its real estate sector.A strong entry into 2020CBRE estimates a 7.1% GDP growth for Cambodia in 2019. This can be attributed to the continuing boom in the construction sector along with tourism and overall interest in Cambodia as an alternative investment destination compared to its neighbors.According to CBRE’s report, a total of USD $9.3 billion worth of investments came into the Kingdom spread across 4,446 approved investment projects. For emphasis on the country’s relative growth, Marc Townsend cited that only 3 building licenses were issued in Ho Chi Minh city compared to the 405 building licenses that were given last year in the surrounding area of the Rosewood Hotel in Phnom Penh.(Marc Townsend, Chairman of CBRE Cambodia speaks to a room full of mostly real estate professionals and investors / Realestate.com.kh)As of Q4 2019, CBRE data shows the condominium sector had 27 new project launches and 11 completions, adding 16,500 units and 3,800 units respectively. The current condominium supply is divided among the High-End at 23%, Mid-Range at 53%, and Affordable at 24%. CBRE forecasts supplies of condominium units in 2020 to be divided into High-End at 24%, Mid-Range at 46%, and Affordable at 30%. The shift towards affordable units is cited to be due to the healthy demand among Cambodian buyers.Upcoming condominium projects, provided they finish on schedule, are expected to put some downward pressure on prices across all segments of the market.The CBRE report also states that housing loans increased by 30% this 2019 from USD $2.9B to USD $3.4B. Consumer loans increased at the same time from USD $6.2B to $ 7.1B this year. CBRE attributes these increase in loans to appreciating property values, lifestyle changes of Cambodians, and increasing competition within the banking sector.(A shot over the ocean and Sihanoukville's skyline as of 2020 / Realestate.com.kh)Development funds have also diversified in Cambodia. Marc Townsend shares that these companies barely had any presence in the country’s capital markets almost a decade ago but in 2019, these have diversified into construction loans, formal & informal fund structures, bonds, IPOs, off-shore lending, crowd-funding, and venture capitals.Cambodia, overall, remains an attractive investment destination compared to its neighbors. For example, data from CBRE cites that land prices in Ho Chi Minh city, as of Q4 2019, now go up to USD $30,000 per sqm in the inner city compared to USD $6,000 per sqm in Daun Penh.These are but a few of the overall data presented suggesting that the Cambodian economy is expected to continue to see economic growth this coming 2020. It is, however, not free of challenges, as we’ve seen this past year.Challenges of sustaining Cambodia’s economic growthThe two elephants in the room, according to the conference’s attendees during the Q&A, were the EBA withdrawal and the threat of property oversupply that could negatively impact the market.Of the surveyed attendees, most agreed that the EBA withdrawal will have “Moderate” effects on the Cambodian economy. While it could have ripple effects in the real estate sector, nobody knows what would ultimately happen until it happens, according to the speakers.As for the issue of oversupply, Marc Townsend introduced the idea that if there is an oversupply, then why are prices continuing to rise? He cites Vietnam as an example when it took off as a real estate venture. According to him, when the government relaxed regulations on foreign ownership, the property market went ballistic.(A recent sky view of under-construction buildings in Sihanoukville city / Realestate.com.kh) The same could be expected of the Cambodian real estate sector as it develops. Many of the high-end condominiums are available for the local Cambodian elite, with most units likely being owned by foreigners through strata-titles. And as more mid-range and affordable units come into stock, more local middle-class buyers will likely purchase their own condominium units.Infrastructure in Cambodia has grown significantly in the past decade but it may face slowdowns if project managers are slow to push their developments forward. The news of national roads and ring roads being constructed/rehabilitated is driving land prices up and might cause roadblocks to project development due to price haggling and owner holdouts. Without swift resolutions, infrastructure developments (such as the aforementioned roads) will have difficulty meeting their target dates.Marc Townsend also cautions Cambodia of the shift in priorities of big multinational investment firms. BlackRock, an investment management company handling USD $7 trillion in assets, instructed their fund managers to prioritise investment ventures that consider their environmental impact. This shift in socio-environmental requirements is likely to be followed by other investment firms and thus, must be considered by Cambodian stakeholders starting in 2020 to attract foreign investment in the future.Ensuring tourist safety also came up as a means of growing the Kingdom’s tourism sector. Marc Townsend suggests that most tourists, especially the Chinese, value safety as a top concern when visiting a foreign country. A disciplined and well-equipped police force looking out for both the locals’ and foreign visitors’ well-being will only drive up tourism confidence in the Kingdom. This point is supported by a report from the Khmer Times where the Shanghai Chief of Police asked the Cambodian National Police to ensure the security of Chinese businessmen and travelers in the Kingdom.The conference also discussed the recent construction-related accidents. Marc Townsend was clear these tragedies are an industry problem that must be addressed by developers by applying basic safety standards, the usage of quality materials, and adherence to the new government regulations. He lauded the passing of the much-awaited construction law and is hopeful Cambodia’s construction sector will avoid such tragedies ever again.(Sihanoukville's skyline adjacent to the city's Independence Beach / Realestate.com.kh) As Cambodia enters a new decade of development, winners, and losers in the real estate sector will likely be determined by an investor/developer’s ability to take advantage of Cambodia’s strengths and overcome the challenges presented.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:
The Palms pioneers luxury resort-living in Phnom Penh
The Palms pioneers luxury resort-living in Phnom Penh
June 6, 2022, 5:01 p.m.
Why bother to go on a trip when you could just come home after a long day at work and feel like staying in a luxury resort. This is what The Palms is offering.Developed by Oxley-Worldbridge (Cambodia) Co., Ltd, a joint-venture between Worldbridge Land (Cambodia) Co., Ltd, a Cambodia-based real estate company, and Oxley Holdings Limited, a Singapore-based property developer.The Palms is the first luxury resort-like residential project in the adjacent of the city centre that offers cluster houses including villas, riverside boardwalks and a whole range of facilities where you can indulge yourself and loved ones all year-round.The group has also produced other successful landmark projects in Phnom Penh such as The Bridge and The Peak.The Palms is located in Chbar Ampov district alongside the majestic Mekong River. It features a collection of over 200 exclusive cluster homes and superbly luxurious villas surrounded by palm trees, lush greeneries, and glistening waters - a perfect setup for a home seemingly a world away from the hustle-and-bustle of the city.Residents of The Palms can live a life of unprecedented resort amenities within a private community. Every unit has access to terrace living rooms, man-made beaches, BBQ dining pavilions, water playgrounds, hydrotherapy pools, several lap pools, and even a grand lagoon pool.Its resort villas range from 377 sqm up to 1086 sqm of total floor space and are built with the finest fixtures that make The Palms project the quintessential example of understated luxury resort living. The highest-end of these villas are the waterfront villas where residents are just a few steps away from the Mekong boardwalk, an esplanade for leisurely walks complemented by the cool breeze from the river.But what is luxury living without conveniences? The Palms sits right along National Road 1 and is a 5-minute drive away from the Tonle Bassac Bridge. This quick access to the bridge allows its residents to easily navigate anywhere in Phnom Penh through Preah Norodom, Preah Monivong, and Hun Sen Blvd. And with the city’s biggest mall yet, AEON Mall 3, opening in 2023, The Palms’ residents can truly have everything they could want and need at their doorsteps.Offers of luxury living are plastered all over Phnom Penh, but few can truly compare to The Palm’s unique concept of resort-leisure living. It also is the first development of its kind that brings high-end resort-living to city dwellers.With the commencement of construction in May 2018, the project is expected to be completed by end of 2020.Click here to earn more about The Palms. For more information or inquiries please call: 092 92 1000 or e-mail: info@realestate.com.khRealestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Happy City, a high-rise condo in Sihanoukville, to open door at year’s end
Happy City, a high-rise condo in Sihanoukville, to open door at year’s end
June 7, 2022, 4:28 a.m.
At the beginning of the new year of 2020, Cambodia’s robust construction industry was abruptly hit by a mishap. On January 3, a six-storey building under construction in the coastal town Kep collapsed, which claimed the lives of 36 people and left 23 injured.This incident is no more than half a year after the collapse of a seven-storey building construction in Sihanoukville last year.Hidden dangers caused by human errors and poor supervision have once again cast a haze on Cambodia’s construction and property industry. These events should serve as a reminder to developers and buyers they should remain vigilant and cautious as far as the credibility and qualification of a contractor or builder are concerned.When we take a look at how things are in Sihanoukville, we see a city reeling in from a collective tragedy. Since the aftermath of a construction accident, the local government has been tirelessly redeeming itself to sustain the stride of growing urban infrastructure and property development. Even though the city looks like a massive construction site, Sihanoukville is changing day-to-day, especially in a dry season in Southeast Asia, known as a golden season in the construction industry.It was on the same day as the accident in Kep that Happy City was successfully completed. The project is located at the main access into Sihanoukville, where National Highway 4 and the developing Phnom Penh-Sihanoukville expressway converges. This modern piece of architecture is a 30-storey high-end residence providing fully-furnished condo and community amenities, ideal for both residential and/or holiday purposes. It sits on a highland of the city and overlooks the Victory and Independent Beach. This means the property is framed to be one of the best choices of valuable investment in Sihanoukville.The opening of Happy CityHappy City is developed by Yuejing (Cambodia) Real Estate Co., Ltd., a developer with years of property construction and management.The project will be handed over by the end of 2020, and become one of the first of the completed residential projects in this beachside city. As Happy City was completed as scheduled, the developer has proved its upstanding reputation and its ability to manage projects well.Happy City is only 1.9 kilometers away from the coast, and the beautiful Victory Beach and Independence Beach are visible from the fifth floor and above. To the south of the project, is the municipal centre, while the downtown commercial hub is to its west connected with smooth traffic. This enviable location ensures satisfaction for a holiday or an elegant urban lifestyle. Moreover, the industrial zones of the Sihanoukville port, its collection of casinos, and the natural hospitality of the Khmer is a huge advantage for Happy City's rental prospects. Its property management practices are in line with international standard services, so as to preserve owners’ interests and uphold residents’ well-being.Happy City has 1,600 studio apartments, all of which are exquisitely designed and avant-garde, ranging from 30.57 to 42.44 sqm in size, and equipped with top-grade furniture and essential home appliances such as air conditioning and television. They are available to stay upon key turning.The unit price starts from only 40,000 US dollars, a small investment with low risk and financially sound. The unit comes with freehold ownership and no inheritance tax. At the moment a two-year return rate of 8% per year definitely makes Happy City a good investment in Sihanoukville.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
360 virtual tours for real estate in Cambodia
360 virtual tours for real estate in Cambodia
June 7, 2022, 6:11 a.m.
360 virtual property tours are now available in the Kingdom of Cambodia. Realestate.com.kh, the leading real estate portal in the country, is the first to feature this innovative way of presenting and viewing properties online.What is a 360 virtual tour?A 360 virtual tour is a form of panoramic imaging technology that allows for a full 360 degrees perspective of a given area. In real estate, this is used to bridge the gap between what developers can provide (short of showrooms) with what property buyers are looking for when examining a property.Check out this 360 tour of a duplex from the Peninsula Private Residences in Chroy Changvar, Phnom Penh:What are its benefits for property buyers/renters?If you’re looking for property in Cambodia, our 360 virtual tour offers a lot of value. Through this feature, you can get the showroom experience without being physically there. This technology’s value goes double if you’re living far away from the development you’re interested in, especially if you live in the province or even abroad.As with any showroom, you can move through the different sections of the house/unit at your leisure and gain a 360 full perspective of everything the property has to offer. You can easily interact with where you want to go with one click of a button.(A 360 virtual tour of a 2-bedroom unit from R&F Glory in Tonle Bassac, Phnom Penh)Do you want to see the living room from the entrance? Be our guest. Do you want to walk through every bedroom and see every bathroom? By all means, go ahead. Did you ever feel like giving that house/condo unit one more look at 2 in the morning before buying it? Our virtual tours are available 24/7.360 virtual tour cuts the cumbersome process of going through property photos and figuring out how everything comes together - and puts it all into one interactive viewing experience. The 360 virtual tour is a FREE viewing feature for property hunters and is available on select listings on Realestate.com.kh.(A 2-bedroom serviced apartment from The Elysee by Dara in Tonle Bassac, Phnom Penh)What are its benefits for property developers/sellers?As a developer, we’re certain you’re aware of how fast boreys, condos, and commercial buildings are rising in Cambodia. The marketplace has grown to a point where buyers’ choices are numerous; they are also getting wiser than relying on rendered images and even good photos aren’t doing as well as they used to. Getting their attention, especially online has become more and more challenging. While there are still showrooms that entice potential buyers, these only attract those who are willing to take the time and the effort to view these properties. This severely limits the reach your property could potentially have.If you’re looking for a way to innovate your marketing in Cambodia’s competitive real estate space, then a 360 virtual tour service could be what you’re looking for.(A 1-bedroom apartment from The Peak Residences in Tonle Bassac, Phnom Penh)360 virtual tours essentially create online showrooms for your properties. This allows thousands of daily users on sites like Realestate.com.kh to view your property and go through every room as they please. This potentially multiplies the number of people your showrooms can attract and accommodate without putting in the additional resources required.The 24/7 availability of these online showrooms complements your marketing efforts with an around-the-clock presence, attracting a wider international market interested in buying Strata-titled development.(A 2-bedroom unit from Urban Village Phase 2 in Meanchey, Phnom Penh)Realestate.com.kh’s 360 virtual tour bridges the gap between what buyers look for and what developers can provide in Cambodia’s increasingly competitive real estate sector. It gives potential homeowners a new way to view properties at their convenience, and it multiplies the efforts of developers in marketing their property.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:
Wealth Mansion offers a dream home nourished by the Tonle Sap River
Wealth Mansion offers a dream home nourished by the Tonle Sap River
June 6, 2022, 5:01 p.m.
(The two bridges connecting Chroy Changvar and Phnom Penh city centre/ Seiha Phorn) A river is the lifeblood of human society.  A city with a flowing waterway is more likely evocative and distinguished. For instance, Shanghai has the Huangpu or Phnom Penh has the Tonle Sap.Chroy Changvar district, a peninsula lies in the northeast of Phnom Penh and parallels the heart of the downtown. It is like an oasis hemmed by the Tonle Sap and the Mekong River The district is currently reachable by the Cambodia-China Friendship Bridge and Cambodia-Japan Friendship Bridge. An underway regional plan consisting of efforts of ecological conservation will surely make the peninsula district a unique home to content souls.Looking back to what has transpired in Chroy Changva, which has been growing from a piece of wetland, the remarkable transformation of the district resembles the Lujiazui area in Shanghai city, an international financial hub across the river in China.Indeed, Chroy Changvar district has become one of the fastest-developing areas of Phnom Penh, alongside Sen Sok, Toul Kork and Meanchey district. Compared to other new-rising, Chroy Changvar district is the one with more strategic advantages. Firstly, it has a large amount of undeveloped land and the price is rather lower than the others. And secondly, it has easy access to the city. Thirdly the natural landscape is most alluring and ecologically pleasant. Fundamentally, the urban plans and high-standard municipal facilities progressing in the region are very positive and forward-looking.The stunning of Chroy Changvar  Chroy Changvar is home to some of the most significant landmarks, institutions and facilities including:  the local five-star hotel - Sokha Hotel, the first theme zoo - Phnom Penh Safari, the first Asia’s top entertainment and the largest waterpark destination - Garden City Water Park, the largest stadium for the Southeast Asian Games 2023, the modern mega shopping malls like the Marko and AEON Mall, the Sunrise Japan Hospital Phnom Penh, Norton University and more…Simply Chroy Changvar is the upcoming destination of attractions and selected residential hub with a lot of new developments are currently happening there such as Wealth Mansion.  About Wealth Mansion Wealth Mansion is a waterfront luxury condominium developed by a China-based developer. This project is expected to become a very valuable property like those in Shanghai's Pudong district. The construction of the Wealth Mansion has started in June 2019. The project occupies the riverside scenic line of Chroy Changvar district of Phnom Penh. This 45 storey building has a height of 166 meters sitting in an area with a well-connected traffic network including the Cambodia-Japan Friendship Bridge. It is close to the new City Hall and the Southeast Asian Games venues. Boeung Kak district, Wat Phnom, the Riverside and other attractions are within the good view of the project. The Wealth Mansion with melded benefits of investment and residence is the confident debut of Everhealth International Investment Development Co., Ltd., who invited Rixing Design, a designer of national pavilions of the World Expo, to work on the innovative architecture. The contractor is China Construction Third Bureau, a state-owned enterprise. All the teams involved will dedicate to ensure the smooth progress of the project supported by capital strength, technical capabilities and quality control.The design of the Wealth Mansion absorbs elements unique to the Chroy Changvar peninsula, such as the pleasant ambiance and the well-preserved ecology. For instance, the architect has made good use of natural ventilation and lighting. With the layout of layer and facade greenery,  water features, central gardens on each floor, and open corridors, the building is set to be a comfortable dwelling on minimum energy consumption, thanks to the creation of an independent three-dimensional ecology.Wealth Mansion's smart floor plan enables each dweller to have unique life experience for its reasonable layout, aesthetic design and practical functions. The two-bedroom apartment units' design focuses on bedrooms, kitchens and balconies. The master bedroom comes with an en-suite bathroom. Residents can enjoy a more delicate family living atmosphere. Each apartment is fully furnished with modern equipment, appliances, and calm lighting, which means you can immediately move in after the handover.ONYX Hospitality Group based in Thailand has signed a contract with Wealth Mansion’s developer to operate the first five-star apartment hotel in this district.The Wealth Mansion also has a ‘worry-free’ service package for its home-buyers, which allows owners to check on the lease, maintenance and rental fee collection of their properties in a timely manner.The project offers some of the best first-class facilities for residents to enjoy. Everything is reachable within the doorstep including its state-of-the-art fitness center, stylish spa and a 1,000 sqm infinity sky pool.  It also features a large parking area with 830 parking spaces that make you feel particularly convenient to get in and out. Other services will also be available in this building including restaurants and cafes to help make your everyday life even more convenient. On top of that, it also has a conference and multi-function room that allows you to organise meetings so you can literally step out and be right at the meeting place.  And besides, the well-equipped lounges, 24-hour security and cleaning service will be also provided to give you a truly modern lifestyle. The Wealth Mansion consists of 1184 units in total. The starting price is $2,200 per sqm. It is set to be handed over by the end of 2021. The developer provides a 2-year guarantee of a rental return, and a property operation and management carried out by the five-star hotel.With a prime location and ambitious planning, Wealth Mansion is a perfect option for a comfortable, luxurious dream home as well as property appreciation and rental returns investment that you cannot miss. Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Garden One pioneers Phnom Penh's luxury green living
Garden One pioneers Phnom Penh's luxury green living
June 6, 2022, 11:22 p.m.
Imagine waking up to a gentle morning breeze and the sight of lush greeneries illuminated by the mellow morning sun. You would think you’re on vacation in the countryside or by the seaside. But if you’re living in Garden One, this will be your new everyday view.Garden One is an upcoming project that surrounds you with verdant gardens and a relaxing atmosphere, making it Phnom Penh’s premier green living development. Located in Toul Kork, a district known for its fast urbanisation. Garden One is expected to be a beacon of lush greenery in an area surrounded by a lifeless shade of grey.Garden One’s vision is to marry eco-friendly living and 21st-century city standards for its residents. Each unit, ranging from 44 to 91 sqm, and even sprawling 139 sqm luxury units, is designed to accommodate modern fixtures that make your daily activities easier.All units are uniquely surrounded by a small garden, complementing an already fantastic view of Phnom Penh’s growing cityscape from its balconies. You can well expect your worries to be left by the door as you come home and reenergise yourself in the comfort and safety of Garden One.Garden One residences are turn-key homes allowing you to move-in quickly and hassle-free. Living here comes complete with the standard fitness centre and rooftop swimming pool benefits - all seamlessly styled with small gardens of their own.Being Phnom Penh’s premier green living development, it offers a unique opportunity for both residents and investors. Units are available for rent and sale starting at USD $800 per month and USD $1,800 per sqm, respectively. Garden One also welcomes you to invest in the development of green spaces as its developer, JianZhong YuTong Co.,Ltd, offers a guaranteed 6% guaranteed rental return for 2 years. Garden One units are set to be handed over in December 2021.Green living may be the new popular trend, but are you actually living green? If you’re interested in making a sustainable residential and investment choice, call us now at 092 92 1000 or email: info@realestate.com.khRealestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Come to this five-star palace to discover a wonderland of Sihanoukville
Come to this five-star palace to discover a wonderland of Sihanoukville
June 6, 2022, 5:01 p.m.
There must be such a beautiful beach there for you, tranquil and gorgeous, serene and homey. There your soul to be immersed in the sea and sky.Take a break from the hustle-and-bustle of the city and enjoy a much-needed peace with the sea-breeze and appreciate the true joys of a wonderful life.At Prince Tian Xi Wan, you may discover a poet in you. Take delight in the strikingly beautiful garden 13,000 sqm high in the sky and appreciate the shades of leaves and the tunes of birds, composing a poem and revealing yourself to nature mother.At Prince Tian Xi Wan, you may become a sailor. Commandeer a boat at the Marina and sails away. Enjoy a voyage in a long-tail, kayak, or a yacht.Living a life of new experiences with Prince Tian Xi Wan, at Prince Tian Xi Wan, you may become a photographer capturing Sihanoukville’s resplendent sunrise and colorful sunsets.Take in a fascinating view every moment of the day and any snapshot is a masterpiece of photography.At Prince Tian Xi Wan, you may become a musician. Let the morning breeze sing to you as the sun rises. Prosaic waves of sound at night that put your heart at ease and dissolve all the worries during the day.Let Prince Tian Xi Wan takes you away from the busy urban life and enjoy every subtle moment of peace and serenity.A smart property choice in Sihanoukville, Prince Tian Xi WanPrince Tian Xi Wan is adjacent to many vital quality-of-life services, including government offices, at Victory Beach in Sihanoukville. The project integrates super five-star hotels, five-star hotel apartments, the largest duty-free shop to the region, luxury shopping avenues, IMAX theaters, marinas, and beachfront lounges. It is like an ark built in a 340,000-sqm world-class coastal resort.The project features a beautiful sky garden stretching out 13,000 sqm, coupled with a controlled indoor swimming pool and a garden-style pool, and a large modern parking space of 25,000 sqm.There will be a ring of luxurious amenities that comes with this project, including luxury and brand outlets, supermarkets, duty-free shops, boutique food court, children's playground, high-end theater, SPA health centre, an ice rink, KTV and private yacht club. This exclusive selection of luxury activities impeccably meets all the craving for any holiday.The project is expected to be completed in March 2023. Now, Prince Tian Xi Wan’s 39-127㎡ well-furnished apartments are on sale. Our showrooms are open and our sales representatives are ready to welcome you today!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh
Realestate.com.kh encourages quicker response to Direct Chat and how it helps boost your business
Realestate.com.kh encourages quicker response to Direct Chat and how it helps boost your business
June 6, 2022, 5:01 p.m.
Since released by Realestate.com.kh in September last year, Direct Chat has significantly grown in popularity among property seekers looking to rent or buy properties in Cambodia according to Realestate.com.kh’s data.Direct Chat is available across the Realestate.com.kh’s platforms including the website and mobile App. This new function allows property seekers to send messages or start a conversation directly and instantly with real estate agents or developers.It is very user-friendly. It works just like other well-known messaging Apps including WeChat, Telegram and WhatsApp. It shows if an agent is online or has read the message. Better yet, it allows users to translate the message into their native languages.Download the App here!Click here to learn more about Direct Chat and other new features.More property seekers turn to Direct Chat for inquiriesThe data from Realestate.com.kh shows that on a daily basis, there are around 1000 active App users. On average, 180 out of1000 property seekers engaged with real estate agents via Direct Chat.The data also show that those who chose Direct Chat as their preferred means of communication started 5 to 6 chats at a time which means they talked to 5 to 6 agents at a time. For day-to-day traffic, there are around 183 chats or conversations started by property seekers. However, only 141 of them were responded, which means 42 chats simply equals to 42 leads went unanswered.Mr. Thomas O’Sullivan, the Realestate.com.kh CEO said the company encourages faster responses and award those who perform well by merely replying to messages quickly or in a timely manner by having their listings appear higher in the list compared to those who perform poorly.“The most important stakeholders to Realestate.com.kh are the property seekers. We want to make sure that they receive the best experience using our platforms including the website, Realestate.com.kh and phone App,” Mr. O’Sullivan said.To do that, Realestate.com.kh has created a powerful artificial intelligence that takes into account the duration agents took to reply the live chat as well as the rating agents received from property seekers, which is exactly the same rating system on Grab and Uber, he said.“Simply, if an agent has a good rating and fast response times on live chat, then their listings will appear higher on the list compared to those agents that have a lower rating and slower,” he said.Adding that, on the other hand, it will also help professionalise practices in Cambodian real estate sector.“Part of being a professional agent is responding to leads and property seekers in a professional, timely manner,” Mr. O’Sullivan added.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now on both iOS and Android. Article by: