Axis Residences is bringing a unique standard of quality to the Phnom Penh condo market. Already, whilst the Singaporean-inspired project is still under construction, Axis is becoming a pop culture icon among a new generation of Khmer's looking for their first home in central Phnom Penh. The Axis residences showroom, now open in Phnom Penh, is built to the exact specifications of the completed units, as per international standards. This authenticity gives visitors to the Axis showroom a perfect understanding of the look and feel of their new condo home-to-be. But not only are the Axis Residence's units impressing customers, with early sales off to a flying start, the sleek and contemporary design is also impressing Cambodian celebrities and film makers. Recently, the renowned film production company, Hong Meas HD TV, has been using the Axis Residences showroom to film various drama series and movies. The directors and producers of these productions are well-aware that the younger generation of Khmer are craving a higher standard of living, and a taste in design style that the market currently sorely lacks. Because the Axis showroom epitomizes the style and quality that the new generation of home buyers are craving, and feature brand name appliances and fixtures throughout, it is only natural that Axis Residences should be the ideal location to film these popular films and drama series. Spring CJW, the renowned Singaporean development company behind Axis Residences, however, is well-aware that many younger Khmer interested in purchasing their first condo home currently lack access to sufficient finance to make such a dream a reality... With that in mind, Spring CJW has created a very attractive 15 year end-financing package in partnership with Phillip Bank, uniquely designed for their customers. As the payment schedule for this loan is based on each construction stage, off-plan buyers will only have to pay as each stage of the development is completed. The Partnership between Axis Residences and Philip Bank The Phillip Bank loan package, available to Axis Residences buyers, only charges interest for the amount that is supposed to be paid. For example, if the sub-structural phase of construction is competed, just 10% has to be paid to the developer by the end-buyer. This means that customers who purchase via the Phillip Bank loan will only need to incur interest for that initial 10%. This is not a common practice at all in Cambodia, as most projects will charge the loan interest on the full sum owing, and few banks are willing to support condo buyers. Not only that but, again uniquely, the principle sum for the Phillip Bank loan will only be payable at the completion of the Axis Residences project in its entirety, which is around 2 years later. Customers who use the Phillip Bank loan option will thus be looking at only around a $90 installment payment per month for the first year. This is not only affordable for young buyers, but acts as a guarantee that the project is completed to the promised standards, in the promised timeframe. Although this is Spring CJW's first condo project in Cambodia, they have entered the market to stay - and customer-friendly initiatives such as this are a testament to that! At Axis Residences, younger buyers are offered a chance to secure a state-of-the-art home on finance terms that they can genuinely afford. This is a golden opportunity for young couples to own a new home with a lifestyle that will be the envy of their peers for many years to come. If you would like to learn more about Axis Residences, click HERE to check out the full listing on Realestate.com.kh today. Inquire directly with Spring CJW and join their friendly and knowledgable property consultants right here in Phnom Penh for a tour of the famous Axis Residences showroom. Don't forget to bring your camera! Click HERE to request an information pack today!

An Opinion piece from Mr Sim Hoy Chhoung, ceo of V Trust Appraisal Co. Ltd.As the banking sector is growing in order to fuel the mortgage and collateral-based lending industry, so is the potential concerns over the property valuation standards and risk management systems currently in place in the Kingdom’s banking sector. The global financial crisis, which led to real estate bubbles across various countries around the world, offers a good lesson to explain the current concerns.Industry leaders agree: a risk analysis should be carefully taken into account. This was the suggestion of Mey Vann, director general of the Department of Financial Industry, Ministry of Economy and Finance, as cited by the Phnom Penh Post on 19 August 2015, one day after the inter-ministerial seminar on “Opportunities and Potential Risks in Developing Cambodia’s Property Sector” at Cambodiana Hotel. The 2008 global economic crisis, which impacted Asia and Cambodia, offered a lesson that “we must not let happen again,” he said.But how can we curb the potential risks associated with mortgage and collateral-based lending? From my experience, compliance to standards and professionalism in property valuation is one of the best ways to help mitigate the risks associated with loan defaults that could potentially lead to a wider market financial crash. The Royal Institute of Chartered Surveyors (RICS), one of the world’s most well-recognized organizations, representing professionalism and ethics in land, real estate, and construction appraisals, stresses that accurate and professional valuations are vital to a healthy property market and a stable economy, forming the basis of performance analysis, financing decisions, transactional or development advice, dispute resolution and taxation. However, not all banks in the country comply with valuation best practices and standards. While all would consider property valuation as a crucial part of any risk assessment, not all of them have clearly-defined measures to ensure compliance, often deciding to offer contracts to valuation partners that are not independent, and do not enforce professional and ethical codes of conduct, or lack professional indemnity insurance coverage. This sentiment has also been echoed elsewhere. While many of the banks seem to forget the potential risks, officials advise that property valuation firms should not be biased or under any influence that could cause an unfounded value inflation or deflation of the subject property. Kim Vanda, director general of Banking Supervision of National Bank of Cambodia, said, in the same seminar, that the malpractice could potentially pose risks to the banking industry as a whole, adding banks that have in-house valuation units should also use independent valuation firms to ensure that the appraised values of the subject properties are reasonably concrete and consistent. To ensure a healthy property and banking sector, an understanding of the weaknesses in the valuation process could help. The Central Bank of Ireland issued the December-2012 study report entitled “Valuation Process in the Banking Crisis – Lessons Learned – Guiding the Future” identifying three overriding areas of primary weaknesses in valuation processes during the boom lending years. First, a weakness could come from an inaccurate or inappropriate definition of valuation requirements by credit institutions, thus leading to a subsequent inadequate assessment and understanding of valuations.Second, it could be the result of inadequate valuation processes and standards, or a disregard for adherence to such processes.Third, the weakness could also be the result of a lack of appreciation of the significance of the valuation document as independent evidence of risk mitigation effectiveness. Many bankers did not fully regard the importance of independent valuations and the valuation reports as a key document underpinning the basis on which they were acquiring the risk. Besides identifying the overriding areas of weaknesses, the study also highlighted a number of critical issues that credit institutions should pay attention to in the property valuation process - such as the issue of conflict of interest, valuer panel management, and inappropriate use of informal valuations. In many instances, lenders would accept existing valuations that had been prepared by valuers on behalf of the borrower, not the credit institutions. In this case the study recommends that the valuers’ duty of care is to the credit institutions and this should be emphasized by credit institutions in their written instructions to valuers in accordance with its clearly defined terms of engagement. Valuation reports should always be addressed to the credit institutions that is advancing the loan funds to avoid any complaint or manipulation between valuers and borrowers or owners of the property. When it comes to valuer panel management, the study identified some weaknesses in credit institutions practices including the appointment of valuers without sufficient qualifications, without any evidence of sufficient professional indemnity insurance, with inadequate or no review of panel members’ performance, or on the basis they are a customer of the bank. In sum, to create a healthy financial environment, banks should comply with valuation best practices and standards. Two of the most credible standardized valuation systems advised by the study report are the International Valuation Standards, known as the White Book, and the RICS valuation standards, known as the Red Book. Although the study report seems to stress more on experiences and applications in settings outside of the Kingdom, it does not make any difference since globalization has made almost all the world’s systems into ‘one’ that applies for all and, more importantly, all central banks should be subject to the Basel Committee on Banking Supervision which should incorporate best banking practices into all standards. That said, the country’s valuers association is also working to benefit the industry. Cambodian Valuer and Estate Association (CVEA), which represents the country’s valuation and real estate industry, has taken measures to set minimum valuation fee charges for the industry. The minimum fees should help prevent valuation firms from competing on fees and in-turn compromise the quality of the final appraisal. Sim Hoy Chhoung is the chief executive officer at VTrust Appraisal Co., Ltd. The views and opinions expressed in this article are those of the author and do not necessarily reflect the official position of VTrust Appraisal Co., Ltd.

The Cambodian real estate industry has a larger proportion of women ceo’s, founders, managers and leading salespeople than many other business sectors in Cambodia. This is interesting, because not so long ago these positions were dominated by men in Cambodia.With this in mind, Realestate.com.kh spoke with Cambodia’s leading women in real estate to find out why real estate is providing a unique platform for women to build great careers and rise above their male colleagues to top leadership positions:Tang Hour, president of Amatak Property Service:When did you begin your real estate career and what first attracted you to real estate?“I first started real estate as a hobby. My family expected me to stay at home and look after the house. But that’s not my style. I wanted my own job and my own income. So for a start, I would buy some cheap apartments and houses near my home and renovate them myself, and then sell them on for a higher price. I would buy and sell a new house every 3 to 6 months. In 2014, I began working as an agent for a local company. But as a freelance agent, I had a very low salary, split commissions and lots of competition within the company. Meanwhile, I could see the real estate and construction markets booming all around me. I saw it as a great opportunity at the perfect time - so I started my own company, Amatak Property Service. Since then, I have not looked back.” What has been your greatest achievement since you began in the real estate industry? “I am proud to be my own boss. And I am proud to say that I don’t need to find clients anymore - my clients now find me.” Why is the real estate industry an attractive career for Cambodian women? Does it offer a better opportunity for career growth than other industries? Why? “Anyone with sales skills can find a place in the real estate market, whether they are a man or a woman. Before I got into real estate I was in the beauty industry and had my own spa and sauna business. I have always had a passion for sales and an ability to close deals. These skills are crucial in real estate and I guess that is why real estate was a good fit for me. Before, Cambodian society did not grant women freedom to pursue their own careers. We were expected to stay at home. But now, Khmer woman are becoming leaders in business, and not just in real estate, and other women are being inspired by this. When Khmer women are inspired by each other, we will keep growing as leaders in business. Everybody can benefit by learning from each other. So, if we are fellow real estate agents, we are not competitors - we are partners. It is a state of mind.” What advice would you give to other women (or anyone) considering starting a career in real estate? “Education and training is crucial in real estate. For my company, I am always training, teaching and mentoring my staff. If we teach, we all grow and become better at our jobs. For company leaders, we must focus on education and teaching our staff about the market and each and every property you sell. If we don’t understand the properties we are selling, we will never sell them. Inspiration and mentoring is so important, because when people are inspired by others they have confidence to do things themselves. Surround yourself with people who are excellent and they will inspire you to grow as a person and a professional. Actually, when I first started Amatak I had recently met a friend much younger than me who had just launched his own company. I said, “wow, but you are so young to have your own business!” But it also got me thinking - I could do that too. And I did. I have also had an inspirational friend who lives outside Cambodia and works in real estate in the US and Singapore - they shared knowledge with me and helped push me to start my own company.” Thida Ann, senior associate director at CBRE Cambodia:When did you begin your real estate career and what first attracted you to real estate?“I first started my real estate career in early 2010 at the Accounting and Admin department. I have a thorough understanding of business regulation, taxes, and compliance. I recognized that the frontier market in which we operate presented great opportunities for the development of a real estate sector in its infancy, plus the opportunity offering within the organization. I later moved my career to Marketing and Management. Now, I am the head of CBRE Cambodia and we have 27 dedicated team members.” What has been your greatest achievement since you began in the real estate industry? “For the last 6 years, I have broadened my market knowledge, consulting on a number of Cambodia’s largest, and most formidable projects, which has provided me with invaluable local experience and provided me the opportunity to develop my regional experience, working with both domestic and international clients.” Why is the real estate industry an attractive career for Cambodian women? Does it offer a better opportunity for career growth than other industries?  “I strongly believe in teamwork, having both men and women staff which can provide the balance in coordination when providing successful services. As of today, women are now able to complete a range of jobs similar to that of male focused roles. However, most importantly, I believe that the ultimate success depends on skill and expertise, rather than gender.” What advice would you give to other women (or anyone) considering starting a career in real estate? “It is never too late to start any job that you like. Be confident and do not be afraid to take on new responsibilities. It can be challenging taking on tasks that you have never tried before - but you should view this as a learning opportunity. It is important to be passionate about what you do. I love my job and that really helps me focus. If you do not enjoy what you do, it will be difficult for you to be dedicated to that career 100 percent.” Grace Rachny Fong, learning director at Century 21 Cambodia:When did you begin your real estate career and what first attracted you to real estate?“I began my real estate business about four years ago together with a few of my friends. At first we targeted expats looking for house rentals. Real estate is an important contributor to the country’s GDP and accounts for significant employment and investment opportunities for Cambodians. It has also put Cambodia on the Asia-Pacific map as a place for investors to invest and seek good returns on their investments.” What has been your greatest achievement since you began in the real estate industry? “I am now conducting real estate training for agents and owners. I genuinely believe that the Century 21 University which I am now heading can be the game changer for local real estate agents and owners. We are bringing a mindset change from those trying to become a “kokchhear” or traditional broker (a degrading Khmer name for a broker), to instead becoming a professional, ethical, knowledgeable, skillful and respectable agent through further training and education.” Why is the real estate industry an attractive career for Cambodian women? Does it offer a better opportunity for career growth than other industries? “Women in real estate do have an important role to play. More so, when it comes to opening doors for themselves and their male counterparts to make and close deals. Male and female property owners are more open and welcoming to ladies, especially when they receive phone calls from women in real estate. The real estate industry offers both full time and part time opportunities, meaning women with family can opt to work part time if need be. It’s perhaps also easier to sell or rent out their own properties and earn a better income for their family, and on their own properties. Real estate is generally easier to sell than other consumer products/services, as many people tend to heavily invest in properties.” What advice would you give to other women (or anyone) considering starting a career in real estate? “They must be willing to work hard, be smart and be professional. They must also be willing to invest their time and some money to learn things about real estate and develop through soft skills training. But, to succeed in real estate there is really no magic except for a strong commitment and willingness to work hard to gain trust.” Somnang “Lucky” Cheam, ceo of Lucky Property Services:When did you begin your real estate career and what first attracted you to real estate?“In 2005 I first started to work in real estate because i had good communication skills, honesty and commitment to clients - that is why I soon had great connections and referral clients. From the year 2010 until 2015 (August) I worked with one local real estate company, and I was a 5% shareholder in that company. When I started, I worked as admin and later became an agent. After success in this role, I became the Khmer director, taking care for khmer staff as well as selling properties as an agent. The company then changed their policy - so I decided to sell my shares and started my owner company: Lucky Property Services Co., Ltd. from September 2015.” What has been your greatest achievement since you begun in the real estate industry? “My timing has been very good. The real estate market in Cambodia, starting from around 2009, has seen a huge quantity of transactions from both local buyers and sellers, and international investors. For me, starting my career around this time, this offered great opportunities to make real estate deals as an agent, and build my connection network too.” Why is the real estate industry an attractive career for Cambodian women? Does it offer a better opportunity for career growth than other industries? “Most women in Cambodia cannot do this job because to become a woman in real estate you must commit time and money into training, education, property and client networking. And once you are an agent, you need to commit your life to the clients. But, if you are lucky to have a husband who understands this well, then you will be able to find a balance in work and family. For me as a single mom, I work hard like a man but I enjoy this job very much because I can see a lot of opportunities in this country. You will find success though only if you are committed. You cannot be lazy in real estate, because every minute is money! Lots more women can have a place in real estate though, whether full time or part time, because the market is growing very quickly, which equates to opportunities for sellers. More condos, link houses etc. are coming online everyday - I just hope the demand can match the supply.” What advice would you give to other women (or anyone) considering starting a career in real estate? “As you know, real estate is not always easy! You need to constantly take care of your client and take them to visit the properties that suit them - sometimes in town and sometimes outside the city. For me, my second house is my car because most of the time I am looking for new properties to list, or taking clients to see properties! Also, you need to be wise and careful, because not every client is a good client. Make sure that you know the property you are selling inside out - and do your homework before you take the client to visit.” Related news : [caption id="attachment_80591" align="alignleft" width="150"] 2016 Cambodian Real Estate Market predictions[/caption] [caption id="attachment_80230" align="alignleft" width="109"] Real Estate Review 2016[/caption]

As proud sponsor of this years event, Realestate.com.kh is excited to bring you the latest updates on the upcoming Global Alumni Convention in Cambodia. A host of local and international guest speakers, all of which are leaders in their field, will join the 2nd Annual Global Alumni Convention (GAC) at the Hotel InterContinental in Phnom Penh from the 29th of this month. See the full program here!The event is hosted by the world’s largest provider of international education services, IDP Education, and brings together graduates from Cambodia, Australia Canada, New Zealand, the United Kingdom, the US, France, Russia, Korea, Japan, China, Malaysia, Singapore and other nations. Organizers anticipate that attendance will exceed 500 this year. See the full program here! The Global Alumni Conference creates an event at which all can meet, share ideas and network with industry leaders, decision makers and leaders from governments, the private sector, and civil society for education, trade and investment opportunities. The GAC 2016 will kick off with a Business & Education Networking Reception on 29 January and a Main Convention on 30 January. During the main convention, there will be a series of moderated, interactive panel discussions, with topics focusing on Cambodia-related issues. Some of the topics include banking and finance, energy, education, health, STEM and the labor market, urban planning and construction, media, trade, tourism, and the potential influence of the ASEAN community integration. On Saturday 30th, from 11.50am-12.50pm, realestate.com.kh's very own director, Mr Tom O'Sullivan will mediate the "Media & Communications" debate, aptly entitled "Gateway to the word" in 2016. See the full program here!   HE Sun Chanthol, Minister of Commerce, will officially open the reception event, while Education, Youth and Sport Minister HE Dr Hang Chuon Naron will open the main convention. A Special Plenary Session will include Hun Manet, son of Prime Minister Hun Sen, as a guest speaker and Rural Development Minister HE Chea Sophara will speak at the Closing Plenary Session. Details about joining the event are available on the GAC website.

Coming to the Cambodia for its pioneering launch, the Cambodia Property Awards 2016 is set to be the most recognized and credible industry awards ever to be hosted in the Kingdom, with the hottest names in real estate gathering together on Thursday, 26 February, at the prestigious Sofitel Phnom Penh Phokeethra. Nominees for the awards were announced this week, and include some of the country’s most renowned developers and developments. Shortlisted companies at the Cambodia Property Awards 2016 now bide their time until the announcement of winners at the black-tie gala dinner and ceremony on 25 February at Sofitel Phnom Penh Phokeethra. Get your tickets today!The full shortlist of the Cambodia Property Awards 2016:DEVELOPERBorey Peng Houth GroupOverseas Cambodian Investment Corporation Ltd (OCIC)DEVELOPMENTBest Condo Development (Central Phnom Penh)De Castle Royal by Nuri D&C Co LtdEmbassy Residences by Urbanland Asia Investment Co LtdOlympia City by The Olympia City DevelopmentSkylar by MeridianTK Royal One by TC Royal Manor Co LtdBest Condo Development (Greater Phnom Penh)Axis Residences by Spring CJW Development Pte LtdBodaiju Residences by Torreya Asset Holdings Co LtdBest Housing Development (Phnom Penh)Elite Town by Elite Town Development Co LtdGrand Star Platinum by Borey Peng Houth GroupOrkide Villa The Grand, Phnom Penh, Cambodia by Orkide Villa Co LtdBest Mixed-Use Development (Cambodia)Olympia City by The Olympia City DevelopmentTK Royal One by TC Royal Manor Co LtdBest Hotel Development (Cambodia)Courtyard by Marriott, Siem Reap by Grand Lion GroupBest Serviced ApartmentMaline by maline Apartments Co LtsDESIGNBest Residential Architectural Design (Low-Rise)Bodaiju Residences by Torreya Asset Holdings Co LtdGrand Star Platinum by Borey Peng Houth GroupOlympia City by The Olympia City DevelopmentStreet 240 by Street 240 Development Co LtdBest Residential Architectural Design (High-Rise)Embassy Central by Urbanland Central BKK Co LtdEmbassy Residences by Urbanland Asia Investment Co LtdTK Royal One by TC Royal Manor Co LtdBest Hotel Interior DesignCourtyard by Marriott, Siem Reap by Grand Lion GroupNote: The winners of the ‘Best of the Best’ awards for Best Commercial Development (Cambodia), Best Residential Development (Cambodia) and Special Recognition in CSR will be revealed during the awards gala. In addition to the award categories, property and e-commerce Oknah Rithy Sear will be presented the Real Estate Personality of the Year award by the editors of Property Report. More information on the inaugural Cambodia Property Awards are available on the website.Early bird tickets for the gala dinner are offered until 29 January only. Sponsorship and partnership opportunities are also available. For details, call +66 (0) 2662 5195 or email info@asiapropertyawards.com.

នៅពេលជនបរទេស និងជនជាតិខ្មែរដែលមានទ្រព្យសម្បត្តិវក់វីនឹងអចលនទ្រព្យនៅក្នុងតំបនចំការមន Realestate.com.kh បានក្រលេកមើលទៅតំបន់ទួលគោកវិញ វាមានភាពទាក់ទាញ និងតម្លៃសមរមនៃទីតំាងនោះ តួយ៉ាងជាទីតំាងមួយសម្រាប់ជនបរទេសដែលមករស់នៅក្នុងក្រុងភ្នំពេញ។លោក Anthony Perkins នាយកគ្រប់គ្រងគម្រោងពិសេសហិរញ្ញវត្ថុ & វិនិយោគ នៅក្រុមហ៊ុនរ៉ូយ៉ាលគ្រុបកម្ពុជាបាននិយាយថា "ប្រសិនបើមានគ្រួសារមួយមិនសូវគិតលើអំពីចំងាយផ្លូវធ្វើដំណើរធ្វើការ ទួលគោកគួរតែគិតអំពីការស្វែងរកផ្ទះ សម្រាប់ជួល ឬលក់។"ស្វែងរកអចលនទ្រព្យសម្រាប់ជួលនៅក្នុងតំបន់ទួលគោកនៅថ្ងៃនេះនៅលើ realestate.com.kh!លោក Perkins កត់សំគាល់ថា តំបន់ទួលគោក "ជាតំបន់ដែលមិនងាយនឹងដាច់អគ្គិសនីដូចតំបន់ខ្លះនៅក្រុងភ្នំពេញនោះឡើង ហើយបុរីជាច្រើនដែលស្ថិតក្នុងតំបន់ទួលគោកពិតជាផ្តល់នូវសុវត្ថិភាពខ្ពស់ ហើយគ្មានការរំខានក្នុងការសាងសង់អ្វីឡើយនៅជាប់របងអ្នកឡើយ" ប្រសិនបើអ្នករស់នៅក្នុងតំបន់បឹងកេងកង អ្នកអាចមានសុវត្ថិភាព គ្រាន់តែអ្នកអាចទទួលរងនឹង សំលេងរំខាននូវការសាងសង់នៅជុំវិញផ្ទះ ហើយវាអាចក្លាយជាផ្នែកនៃជីវិតរស់នៅប្រចំាថ្ងៃរបស់អ្នក... មានសាលាចំណេះដឹងទូទៅជាច្រើននៅតំបន់ទួលគោកផងដែរ រួមទំាងសាលាអន្តរជាតិដែលផ្តល់ស្តង់ដារជាលក្ខណៈអន្តរជាតិ កន្លែងលក់ចំណីអាហារដែលមានបម្រើជូណគ្រប់ស្តង់ដារសម្រាប់អ្នករស់នៅក្នុងតំបន់នោះ។ កន្លែងកំសាន្ត ផ្សារទំនើបក៏បាន ក្លាយជាគោលដៅសំខាន់ផងដែរសម្រាប់តំបននេះ តួយ៉ាងTK Avenue ដែលប្រមូលផ្តុំដោយភោជនីយដ្ឋាន រោងភាពយន្ត ផ្សារទំនើជាដើម"ជនបរទេសភាគច្រើនមិនបានស្គាល់ថាទួលគោកជាខណ្ឌនោះឡើយ" នេះជាសម្តីរបស់លោក Perkins "សម្រាប់ជនបរទេសដែលរស់នៅជាគ្រួសារ មានផ្ទះសម្រាប់ជួលដែលមានបន្ទប់៣ឬ៤ មានតម្លៃជួលក្រោម១០០០ដុល្លារក្នុងមួយខែ ជាការផ្តល់ជូន សន្តិសុខ អាងហែលទឹក ក្លឹបហាត់ប្រាណ និងមានផ្លូវសម្រាប់ថ្មើរជើងធំទូលាយអមដោយដើមឈើ"

You have enough in the savings for a down payment. You have been pre-approved for a home loan. Now it is time to start looking at houses. Before you do that, you need to think a little more about what kind of house you need and want.Most first time buyers in Cambodia choose a detached house with land in the suburbs. This was well suited to first-home buyers in the past because housing was generally less expensive than it is currently and transportation to and from major urban centers such as Phnom Penh was also less of a problem. These days, however, costs are generally higher and life is more complicated.  In response to a changing world, the housing market has diversified in Cambodia. This opens up more options, but it also means the first time buyer has to do a little more thinking about the kind of property that will work best for them.  With this in mind, Realestate.com.kh has thrown together a guide to choosing your first home!  Tips On How to Think About This Question: First and foremost, try to let go of the idea that a detached house is necessarily "best" property type for you! Instead, think of this as an apples to oranges comparison. If you think that a detached house is "best" property type, then you will think of other options as inferior simply for being different. This is very likely to lead to disappointment, especially if budgetary constraints are a large factor in your home-buying decision.Instead, stop and make a list of lifestyle choices, tailored to you and your families life. Try answering some of the following questions before you read any further. Then evaluate different housing options in light of how well they fit your unique needs, rather than how they compare to a detached house on a suburban estate:Do you have children?Do you want children?Do you have or want pets?Do you own a car or do you prefer walking, bicycling and taking public transport?How close do you want to be to your job?A General Overview of Options:1) Detached houses/Villas on a suburban estate: Good points:Houses like this, whether inside or outside a borey community, are typically relatively spacious.You have your own yard, which is great if you have children or pets.Boreys generally nurture community life - and have common areas for you and your family to enjoy time spent with neighbors.Price per square foot is relatively low for this kind of property type in Cambodia.There is a good supply of such homes, and the market is seeing more and more coming online in the next few years.Buying pre-construction or off-plan means you can get a better deal as an early-bird buyer.Detached homes have good privacy from their nearest neighbors.Bad points:You will need a car if you plan to work in the city, which drives the cost up in real terms for this property type.Nosy neighbors in a suburban estate may pay more attention to you than neighbors in the city, thus reducing your actual sense of privacy, despite the extra space.It can be a long commute to work - this will ultimately affect your life in many ways - and lifestyle considerations can be as important as costs.Some people see maintaining their garden/outdoor areas as a burden.If you secure hard title, you get the benefits of owning land, and a fairly safe investment for resale appreciation.2. Duplexes or row houses. Good Points:You will still have a yard, albeit a bit smaller with this property type.The yard's small size reduces the amount of maintenance it requires.They are typically more affordable than a detached house.You will not have additional fees as you tend to have with villas and apartment homes.If you secure hard title, you get the benefits of owning land, and a fairly safe investment for resale appreciation.Bad Points:Shared walls with neighbors can be a source of noise.They tend to be small, so might outgrow it if your family expands.You still have yard work to do.3. Centrally-located Townhouses: Good points:Shorter commutes are common with this property type.They are often more affordable than detached houses, row house and duplexes.No need for landscaping. You don't have to mow a lawn or clean a pool.If you secure hard title, you get the benefits of owning property in the city, and a potentially highly profitable investment for resale appreciation.Bad points:They can feel cramped, and often lack natural light.Lack of parking.There are additional fees and restrictions on what you can do with the property.Their value tends to increase more slowly, making them less of an investment property.4. Apartment unit in a smaller, lower-standard building.  Good points:They are typically close to the central business district, giving you easy access to shops and restaurants.Easy access to public transport.No need to maintain a garden.Shorter average commute to work.Generally, co-owned buildings are secure.If you are a foreigner, you can still own if strata titles are available.Bad points:Additional fees can be incurred within the apartment management policy.Cost of repairs is shared by the owners of the units.They tend to be small. If your family grows, you may quickly outgrow it.If you want pets, the owner may not allow this.If you don't get on with your neighbors, you have no-where to hide.5. A high-rise condo unit in the urban center: Good points:Extremely short commutes and good access to public transit.You may be able to live without a car, thus making this choice more affordable than it may appear at first glance.On site amenities may include spas, pools, gyms and cafes. These offer a unique lifestyle, compared to non-communal arrangements such as villas and detached homes.These units have good availability in urban areas, and the supply of condo units in Phnom Penh is rising extremely quickly.Amazing views and fresher, cooler air.No garden maintenance to do.Now that strata title is available, even foreigners can own a condo.Bad points:Potentially much lower appreciation than a landed property.Additional fees to pay for maintenance and management.If you are afraid of heights, this is not the home for you.If you love to garden, this is not the home for you.Depending on the size of the condo unit, you might not be able to house the extended family.Different properties appeal to different buyers. The best property for you depends on details about your life and the lifestyle you want to have.If you have an established family or plan to start a family soon, having space both indoors and out may be critical to your decision. In which case, a detached house, villa, row house or duplex may be ideal, assuming you can afford it.If you are young and carefree, being closer to amenities and freed up of maintenance responsibilities may have more appeal. Living close enough to walk to pubs and restaurants can free you up to have a drink without worrying how you will get home safely. For people who love the nightlife, this can mean that an apartment or condo unit close to the CBD is ideal.Learn how to pay back your mortgage faster in 2016, with these great tips!

These days, many potential property buyers in Cambodia use the internet and social media to search for properties... Hence, their very first impressions of a property are made from the photographic appeal of the real estate listing.As an agent, you tell your clients about their property's "curb appeal", and ask them to clean it up and make their property look more attractive to prospective buyers when it comes time for inspection.But, who is responsible for the online appeal? The agent has one chance to impress the potential client with a listing. You need to grab their attention in the first 20 seconds before they skim over your listing and move on to the next property listing. So, while the owner needs to clean the house - you, the agent, better keep the listing crystal clean. Even with this knowledge, most real estate agents are happy to take the listing photographs themselves. The photographs are sometimes grainy, walls and floors are tilted, colors are off, reflections of the agent appear in the walls and mirrors, and rooms are not made camera ready. The result? That newly renovated colonial apartment looks dark and dingy instead of warm, cosy and inviting. That beautiful, breathtaking view over the Tonle Sab River is just a bright white burst of light.This is not the first impression that any property seller wants to convey. These sort of photographs may hurt a property as the potential buyer will more likely skip over it in favor of another one which grabs their attention.HIGHER PRICES: There are studies conducted in the US real estate market which indicate that property listings that use professional photography tend to sell for higher prices. MORE APPEAL AND ATTENTION: When high-quality photographs are used on the listing, they will help grab the buyer's attention, giving the listing more views and exposure. When the listing is viewed more, more potential buyers are having a closer look at the property. A buyer may be lost as they skim past a listing using low-quality photographs. In this competitive market, having a listing with more 'pop' will give your listings a distinct advantage over your competitors. WE HAVE THE TECHNICAL KNOWLEDGE AND EXPERIENCE: A professional real estate photographer has the experience and technical knowledge to photograph and show a property at its very best. We use composition and editing techniques, as well as lighting, to help grab and focus the buyer's attention on the property's primest selling points. Professional real estate photographers have spent countless hours practicing and refining their skills and techniques. We are on a continual learning process to bring out the best in a property that we possibly can. Many agents have bought expensive cameras and the use "Auto" mode to take their listing photographs. Just owning an expensive camera does not make one a good photographer. You need to be able to see the best composition and have an array of techniques at your disposal as each photograph is different. This only comes after years of experience, practice, and learning. With that in mind, contact Bruce today from BDV Photography for a free quote on your next property photo shoot: bdv@bdvphotography.net

On the heels of its first housing development success – Embassy Residences, which has sold 90 per cent of its units – local developer Urbanland is wasting no time in establishing its second project, Embassy Central. Being at the pulse of Boeung Keng Kang 1, and within strolling distance of renowned restaurants like Topaz Restaurant, Malis Restaurant, and Eric Kayser Bakery, with retail stores along the nearby Preah Sihanouk Boulevard such as Charles & Keith, Pedro, and Mango, and more cafés and bars interspersed around, there is no area more bustling and convenient than where Embassy Central is located. Thriving hub aside, Embassy Central itself is a building to behold; its discreet brilliance is reflected through its minimalistic and sleekly structured design. Only 25 storeys tall and 119-unit strong, Embassy Central holds its own in dedicating its composition to the importance of an urban lifestyle that is in sync with modernity, yet maintaining a green lifestyle with its outdoor landscape features. Check out the full Embassy Central listing today on Realestate.com.kh! With only 119 units, Embassy Central has a more private and intimate feel, with four sky gardens in different parts of the building that residents can fully utilise to their liking. These open spaces provide a tranquil respite from the hustling bustle of the city; spaces where you can exercise or do yoga amidst the rising or setting sun, sit and read a book by the trees, or simply bask in the crispness of the air. Besides its multiple sky gardens, another distinctive feature of Embassy Central is its vertical green wall garden that runs through the building from the 4th floor to the 25th, with the main purpose of brightening up usually enclosed hallways with natural sunlight. The condominium’s swimming pool is surrounded by lush greenery, as it is on the same floor where the vertical garden begins. The impressive architecture of this condominium comes from the same masterminds behind Cambodia’s most popular coffee chain – Brown Coffee. The same attention to detail, quirky steeled structures, and top-notch finishing seen in all Brown Coffee outlets across Phnom Penh are mirrored in Embassy Central’s building and showroom. Hok Kang Architects, who wholly designed Embassy Residences and Embassy Central, and are also the people behind Urbanland and Brown Coffee, aptly sums it up: “Embassy Central is a very special project for us. We want to design a building that responds to a hot tropical climate such as Cambodia. Vertically designed elements and oversized balconies help to shade the building from the harsh tropical sun. The building is punctuated by pockets of green gardens, giving it a more iconic architecture, and also its residents a more liveable space that is close to nature. Upon its completion, Embassy Central will be the emblem of contemporary urban living at its finest in the heart of BKK1.” Urbanland and Hok Kang Architects comprise a small but diverse team, and being local adds value and trust among Cambodians – that a relatively small developer is able to bring to the Kingdom international standards of ideas, design, and product. Urbanland is committed to investing in its home country, and seeing it thrive as an urban cosmopolis. The company prides itself on catering as much as they can to their niche clientele’s needs, offering interior design services or suggestions that will complement the overall flow of the building units’ designs. Embassy Central’s showroom is fitted with high-end furnishings, with cleverly streamlined storage spaces and enclosed air-conditioning, while everything that is attached to the walls such as the lights, cupboards, console table, and appliances come together with the unit. Singapore investment firm, Terrasia Capital Investment, has said that the quality of interior fittings and finishes is a game-changer that sets a very high benchmark for other developers to follow. In Urbanland’s Marketing Manager, Victor Huot’s words, “what you see and feel in our showroom will be the same experience you will get when you walk into your Embassy Central home.” “The most prestigious address in Phnom Penh, crafted with design and high-quality materials, Embassy Central is a gem of investment that will only increase in value over time,” Terrasia Capital Investment concluded. Check out the full Embassy Central listing today on Realestate.com.kh!

Last Saturday’s official D’Seaview groundbreaking ceremony was a great success, with over 200 honorable guests assembling at the construction site to celebrate the physical launch of Phase 1 of the project. The event was presided over by H.E. Yun Min, Governor of Sihanoukville province, and following the groundbreaking ceremony, a complimentary lunch was provided for all satisfied guests at the Sokha Hotel and Resort, Sihanoukville. Check out the full D'Seaview listing information on Realestate.com.kh. Already, a host of eager buyers are proud to gain the status of first movers for this momentous development. In the first phase of sales and booking, already over 80 percent of the 300 units in phase 1 have been successfully subscribed by both local and international buyers at price per square meter ranging from $1750 to $2200* *(updated October 2016). As stated by Dr. Wang Kai Yuen, Chairman/Non-Executive Independent Director at the D’Seaview Condominium Ground Breaking Ceremony on Saturday, “After the launch of Camhome’s unique queue system in September 2015, we have received more than 1,000 clients interested in this development and our upcoming developments. I believe more are coming, as Sihanoukville is one of the promising provinces in Cambodia, especially during the ASEAN Integration.” Nevertheless, as sales continue to expand, premier sea facing units and commercial opportunities are still available to buyers in the D’Seaview complex. But, those interested in these prime positions are urged to secure these units before they sell out! Further, a special “sure-to-win instant lucky dip” is being offered throughout the month of January to award attractive prizes for new buyers who purchase a D’Seaview unit at exclusive, off-plan prices. “Having accumulated more than 25 years of experiences in the design, construction and management of property developments in Singapore since 1988, D’Seaview will incorporate the latest in construction methods and modern building management concepts from Singapore,” said Dr. Wang Kai Yuen at the groundbreaking. The guaranteed quality of the D'Seaview project pays tribute to HLH group’s experience in the field of creating premium residential developments. The use of precast panels will allow for a smoother and more consistent finish throughout the complex; hollow core precast panels also allow service connections to be hidden within the wall therefore minimising the need for hacking and plastering or exposed ductworks; quality international standard fittings and fixtures will be used throughout, along with homogenous floor tiles, safety glass ( for windows which extends below 1m height), and a safe and quality assured elevator system; wall tiles to wet areas come standard, and beautifully-crafted roof terraces are provided for selected units; finally, all bathrooms have windows to allow for natural light and ventilation, and all enclosed kitchens have windows for ample ventilation. The design of D’Seaview likewise harks to the developer’s unique understanding of what creates an attractive and highly livable residential development, while concurrently paying tribute to the unique environment of Cambodia’s lush coastline. Naturally lighted and ventilated corridors, via cross ventilation, ensure a high level of comfort in all common areas within D’Seaview. As importantly, your new home will be a safe haven - with a high level of security via separate commercial and residential car park levels, card access and an integrated intercom service. Residential units will enjoy unrestricted sea views through design thanks to D’Seaview’s efficiently shaped floor plans. Prime units also include spacious balconies for outdoor enjoyment. Luxurious amenities shall fall at your doorstep, with subscription facilities such as a pool cafe, swimming pool, kid's room, yoga room, library, and fully equipped function rooms. Further, the complex will bring a level of convenience previously unknown to residential developments of Sihanoukville. Commercial lots will house a bank, childcare facilities, a hotel, restaurants, food court and mini market, all within easy reach of residents. Realise your housing and commercial dreams now; and visit Camhomes’ D’Seaview showroom at Canadia Towers and talk to their property consultants.Check out the full D'Seaview listing information on Realestate.com.kh.

Due to cheap labor, social and political stability, and incentive policies to attract FDI - especially in the construction industry from the Government -Cambodia has become a choice target for foreign property investors. Besides financial institutions, textile, and other manufacturing industries, the real estate market in Cambodia now is a lucrative market for property investors. Investors view Cambodia as an emerging country with a large potential economy. Within the next three to five years, it will develop its infrastructure beyond recognition; transportation, roads, energy and water together with financial institutions. The Cambodian real estate market is massively shared by the Asian region states such as the Chinese, Taiwanese, Japanese, Korean, and Singaporeans. Taiwanese however has become the top buyer in most major condominium projects in Phnom Penh such as Baily, Suncity Bassac and many more. As the local property market in Taiwan is slowing down, the number of real estate sales agencies in Taiwan is increasing hugely. Sales agency offices are also shifting their current operations toward Cambodian based real estate investments, according to The China Post. This new focus offers the Cambodian real estate market a chance to grow and extend the market to such regional property investors, as Cambodian property offers reasonable prices for these types of buyers.   As a result, Century 21 Cambodia is organizing another collaborative trip to Taiwan on the 17th of January 2016 to share the practical Cambodia market situation with Taiwanese property investors and to build a strong network between Century 21 Cambodia and Century 21 Taiwan. Check out Century 21's listings on realestate.com.kh today!

Yong Yap Properties have officially moved into their riverside office...And it is a beauty! At this momentous juncture, the Yong Yap Properties team would like to say thank you to all their valued and loyal clients for the support over the years. It is an exciting time for the Yong Yap Properties team and the new office will be their home base for the coming years.The new address is #95A st 118 cnr st 17 - but phone numbers are still the same 023 223 712 / 017 400 700.The Yong Yap team look forward to seeing you all shortly!And don’t forget to check out Yong Yap Properties’ listings on realestate.com.kh today.

Welcome to another Realestate.com.kh Dream Home Report.Every week we will showcase some of Cambodia and the world’s most luxurious, interesting and unique properties. We want to show you the home gems of the International property market. This week we show you a home with a superstar legacy.David Bowie’s Caribbean island retreat has apparently been sold to an unknown buyer, according to a recent report from Domain.Rock legend Bowie died at the age of 69 at the start of this month.Bowie once used the island villa as his private getaway home throughout the 1990’s, with its own personal pool and wet bar. Recently on the market for an asking price of $20M, the five bedroom mansion is now under-offer – suggesting it has been snapped up by a savvy buyer who understands the potential appreciation value now the Bowie has passed. The Indonesian inspired villa home on the private island of Mustique was built as Bowie’s private getaway in 1992. The lush house overlooks the Caribbean. Check some more Dream Home reports here:Dream Home Report : Unique Khmer HomesDream Home : Song Saa Private Island Villa

D’Seaview brings Sihanoukville’s first fully integrated residential and commercial mixed development, located alongside Sihanoukville’s most beautiful beaches.With its twin towers standing at 28 storeys each, D’Seaview will bring a collection of premium executive condominiums, commercial units and a hotel to Sihanoukville’s pioneer integrated living complex.D’seaview’s waterfront location, close to Sokha beach, remains idyllic, yet the vicinity is overflowing with international and traditional Khmer dining, bars, discos, night markets, spas and shopping plazas. The official D’Seaview groundbreaking ceremony will be held at the development’s building site on Saturday, 16 January, to celebrate the physical launch of Phase 1 of the project. All are invited by Camhomes to witness the occasion and join the festivities, starting from 8am onsite. The event will be presided over by H.E. Yun Min, Governor of Sihanoukville province. Following the groundbreaking ceremony, a complimentary lunch will be provided for guests at the Sokha Hotel and Resort, Sihanoukville. In addition, Camhomes is offering a special “sure-to-win instant lucky dip” to award attractive prizes for new buyers who purchase a D’Seaview unit in the month of January. The development, encompassing 735 residential units, offices and hotel units, is slated for completion in an estimated 28 months. D’Seaview will give its residents a level of convenience that only a mixed use development can offer: living and shopping at the highest standards in the same building. Not only can residents live, work and play within the complex, investing in a mixed development with both commercial and residential owners, and tenants offers a unique hedge against future inflation, assuring appreciation for your asset. D’Seaview’s integrated hotel is also open to bids from investors, as well as local shophouse-style blocks that are targeted at Cambodian retailers who would like to set up their business as well as live within the complex. The resident’s lifestyle will reflect the quality of D’Seaview’s design concept, and already buyers are proud to gain the status of first movers for this momentous development. In the first phase of sales and booking, already over 80 per cent of the 300 units in phase 1 have been successfully subscribed by both local and international buyers at price per square metre ranging from $675 to $1943. And it is no surprise that Cambodians and international investors are increasingly looking south for new property investment opportunities. Cambodia’s southern coastal resort town, Sihanoukville, is not only one of the nation’s premier tourism destinations, known for its tranquil beaches and idyllic islands, but it is also the fastest growing commercial city outside of Phnom Penh. Sihanoukville is Cambodia’s coastal economic hub and is growing faster than ever; it is host to the nation’s sole deep-sea port, the largest Special Economic Zone, as well as a large scale oil and gas industry soon to commence extraction. As Sihanouk province grows in popularity, more flight and bus connections are being established, linking it to the rest of the country and region. Sihanoukville International Airport now operates flights from South Korea, Singapore and China, as well as daily flights to Siem Reap. Realise your housing and commercial dreams now; and visit Camhomes’ D’Seaview showroom at Canadia Towers and talk to their property consultants, or check out the full listing information online at realestate.com.kh. And don't miss the D'Seaview groundbreaking tomorrow. To find out more information about the D’Seaview groundbreaking ceremony, please call +855 23 985 828 today.

According to a recent Cambodia Daily report, Cambodians passing rights to property from relatives won't need to pay property registration tax - as according to a Government announcement at the CPP party's party congress on Sunday.Transferring property is generally taxed at 4% of the properties value, including other minor property registration fees. Learn more about the title transfer process here. Yet, according to the new directive, spouses, parents and children, will no longer require this tax, and has been said to be effective already. The same will apply to grandparents and grandchildren. Stay tuned to realestate.com.kh news for more on this topic of property registration as the situation clarifies. Learn more about property registration, Cambodian land titles, strata title transfers and foreign ownership regulation on Realestate.com.kh today!

Now that 2015 has come to an end, Realestate.com.kh would like to start 2016 with a recap of the Kingdom of Wonder and its burgeoning real estate sector.  In particular - let's review the office space and retail supply trends in Phnom Penh - 2015. Also, don't miss the Real Estate Review: 2016Real Estate developers in Phnom Penh are seemingly boosting Grade A and Grade B office space to welcome the AEC integration in 2016. The intention is to be ready for potential demand from incoming investors as the integration takes affect in 2017-2019. According to Knight Frank's report, there will be a 64% increase in office space stock by 2018: 60% of this office space will be Grade A category, 40% will be Grade B. The majority of all office space will be within Daun Penh and 7 Makara. No wonder business is booming...The retail sector is growing rapidly: New malls, such as Aeon - with Aeon 2 and Parkson on the way soon in 2016, are having a dramatic influence on Phnom Penh's retail sector. According to Knight Frank Cambodia's: “Cambodia Real Estate Highlights 1st Half 2015,” total supply is building fast 2011: 59,154sqm; 2012: 66,154sqm; 2013: 72,114sqm; 2014-15: 134,153sqm; 2016: 223,173sqm (est.); 2017: 297,591 sqm (est.). With the entrance of a host of new brands and extensions of existing franchises in the retail sector, the supply by district is evening out. The evening of the share of retail supply could be related to new and existing brands increasingly looking outside of the Phnom Penh city center, where their customers are increasingly choosing to live. Check out more great info-graphics, from Realestate.com.kh: Prime Development Land Price Growth Tops ASEAN and the Real Estate Review: 2016

Whether you are approaching retirement, want to cut down your commute time, sick of an uncontrollable garden, or maybe just fancy a move – it could be a good time to downsize your home!Downsizing is a great way to cash in on your current real estate asset, especially when the market is hot - and can help you save some extra money once you move into a smaller, more-manageable home. What makes property owners want to downsize? - Here are a few of the most common reasons.  Finally free from the kids!When your children move out to go to university, start a job in the big city, or marry and start their own family – your current house might have vacant bedrooms and lots of excess space. It can be great always having the bathroom available - but when there is a chance to cash in on your property asset by downsizing your home you had better ask yourself "Do you need such a big home now?" Without your kids causing havoc, a big home might feel empty once they go. It also requires a lot of cleaning and maintenance, without any real benefits for those still living there. If this sounds like something happening in your home, try marketing your property for sale and consider downsizing. What is the difference between a deposit and a down-payment?  Cut the Commute:Generally, the closer your home is to the CBD, the more expensive the land/property is. This is why inner-city workers are increasingly looking to apartments and condos in Phnom Penh.  If your house is in the suburbs of the city, but your workplace is in the center – every day you might be spending hours in traffic. So for those who know they will need to live in the city for years to come – consider downsizing your home, and move to an affordable apartment or condo in the inner-city.  Cut Living Costs:A home is always in need of cleaning and other general maintenance; a home is also always in need of electricity and water and other utilities. Of course, it is easier to clean one bedroom, compared to four. A big home can also be hard to cool, or heat – depending on the season. For these reasons, you can bet that a smaller home will be have less maintenance needed, and ultimately cost less to live in. Thus – a smaller house = smaller bills = less work + more cash in your pocket.  Cash-in on your Asset:It can be easy to make money by selling your over-sized home in exchange for a smaller one. And the extra money could even settle your mortgage repayments. Especially when the property market is as hot as the current Cambodian real estate climate – cash in on your current home, and buy a smaller, more affordable property with a good chance of future appreciation. Learn more about what's in a home loan!

Want to get your office space in line for the New Year? Want to make sure you have a lucky 2016? Keep energized, innovative and prosperous with these tips to Feng Shui your office space, thanks to realestate.com.kh. Feng Shui essentially pays tribute to all directions; respectively determining romance, family, health & fortune, abundance, fame and reputation, children and creativity, wisdom and self-actualization, career success, and spiritual guidance. With that in mind, you need to identify the parts of your office (with your smartphone’s compass app) that will channel the best energies into your personal and business life. Romance belongs in the Southwest:To the southwest of your office space, hang a photo of your most loved one – albeit your wife, husband or partner.  Whoever brings the most sunshine into your life… By keeping that special someone here you will always remain calm in times of frustration. Paying tribute to your loved ones while you are at work should also put you in good stead for a healthy relationship at home – so you don’t need to stress about that while you are working in your office space.Keep your Family to the East:Hang those family portraits to the East of your office space – this will keep those that love you most in the back of your mind whenever you are trying to negotiate those big, stressful deals inside your office space. Abundance to the Southeast:Abundance is what you want most in your business – so welcome more wealth and internal happiness by introducing a plant into the southeast of your office space. Find a plant that is drought resistant and manageable. Also, boost the power of plants by introducing the colors of green and purple into your office space. If you want to go even further, try introducing jade crystal, aventurine, and clear crystal quartz. These stones will help you really tap your potential abundance. Fame and Reputation to the South:The South side of your office is the place for all of your crowning achievements. The south of your office is the best place to hang awards, degrees, and all those mementos of the business’ projects that are most praise worthy. Bring a sense of confidence and power into the office, and more success will naturally follow. Keep your Health & Fortune Central:Health is as important as your business – because if you don’t have good health, your money is irrelevant! While it is hard to bring Feng Shui into the center of your office, for logistical reasons, try decorating your computer with crystals such as citrine and blue calcite. Citrine can promote the flow of energy and liveliness into your office space, while blue calcite will encourage good communication. Poor communication will breed unnecessary anxiety, depression, and keep you awake at night. Children & Creativity to the Westside:The West is the place to bring innovation to your office space. If you tap it just right, the west will harbor creative ideas and invite alternate solutions to problems inside your office space. Whether or not you are involved in a creative industry is un-important – all business’ should invite innovation into their office.  The best is to bring something orange – maybe a flower, or even something that is used in your business.  Also consider hanging inspirational quotes from those people who inspire you the most.Wisdom should stay on the Northeast:Keep your dreams where you can see them. Because Feng Shui energy is delivered by thought, you should always keep your ultimate definition of self-actualization somewhere to remind you – and the best place is to the Northeast of your office space. Power symbols such as the Yin & Yang, or some other token to your deepest desires, are best kept in the Northeast. To the Northwest invite Spiritual Guidance:You may not think that spirituality has a place in the workplace - but understanding all forms of human aspiration is necessary to your personal and business progress. Consider a calendar of spiritual guidance on the Northwest wall, or look to oracle cards in the morning to predict potential challenges of the day. Center yourself, and control will come to those things around you too. 2016 is also the perfect time to invest or rent a new commercial property or office. See 1000s of Cambodia's best office and commercial property on realestate.com.kh today!

Realestate.com.kh would like to present another of our featured agencies - Kampot Real Estate.Are you considering investing in Kampot province? Need a professional property valuation from experts in the region? Looking for a holiday rental, investment land or a property to start a tourism venture? Do you need an investment plan focused on your needs, not on the agent's fee? Need buyer and seller advocacy that doesn't leave you high and dry as soon as the agreement is made?Check out Kampot Real Estate listings for rent and for sale on realestate.com.kh todayAt Kampot Real Estate, we aim to give our clients a specialized real estate experience, providing state-of-the-art professional services to vendors and buyers that create maximum benefit and personal satisfaction in a lifetime relationship. Our mission is to ensure that our clients have all necessary information to make a valid decision, and ensuring that all documents are in line with the local law. We will achieve this by: Making trust, quality and integrity hallmarks of the way we do business; Excelling and being consistent in everything we do; and - Being motivated and spreading our enthusiasm.Come and see us at our office at the old market in Kampot. We want to provide you with the service you deserve to make your investment with confidence!Check out Kampot Real Estate listings for rent and for sale on realestate.com.kh today

Every landlord or property manager must ask this question, first and foremost:What are the special features of my apartment for rent that are going to make potential tenants genuinely excited to move in?Find out what is attractive about your apartment property for renters - and then flaunt it, baby! With this in mind, Realestate.com.kh has gotten to the bottom of what tenants really want when considering a apartment for rent… Location of your apartment! Apartment tenants are more-driven by no other factor than a prime location. But of course, “a great location” is always subjective. Different apartment renters are looking for different locations depending on where they work, where their kids go to school and what they like to do for fun in the weekends. Renters will pay a lot more money to live in their preferred location. Normally, people are looking for hubs within the city with amenities at hand. This means shopping, banking, F & B venues, schools and proximity to work stations. But, first and foremost, tenants considering your apartment for rent will look for transport options. If your apartment for rent isn’t close to these other amenities naturally, you had better make sure your tenants can access appropriate transport, or, at the very least, have parking for their personal vehicle “People think about where they need to live long before they consider how they would like to live.” The unique features of your apartment for rent and any questions of cost only enter the tenant’s equation after location is measured. Access to work places and schools is always going to be important because we spend as much time at these places as we do in our home. So, always make sure transport amenities are promoted to prospective clients considering your apartment for rent. And, if you are still searching for an investment apartment or condo to use as a rental property – pay more for a great location, because it is going to guarantee your rental returns for that apartment into the future. If you cheap out and buy an apartment in a bad location, don’t expect the rental process to be easy…. Lock in a great location, and your apartment for rent won’t sit empty for long. For agents, when a property seeker mentions they want to live in a certain area – this really means they must live in this location. Don’t see it as a preference among many; it is the number one preference. If you want to help them and win the commission, forget about apartment properties away from their preference area – even if the prices are higher where they really want to live. Apartment renters will generally rethink their budget when the right location comes along. Number of bedrooms inside the apartment: If a rental tenant says they need 3 bedrooms, that is exactly what they need – and they will be very unlikely to accept less.  So – if you don’t have enough bedrooms for that prospect in your apartment for rent, don’t bother inviting them to view the property. You are wasting your time! Possibly, they will accept an extra bedroom inside the apartment for rent, but not if it is costing them an arm and a leg.  Some people do like to have a spare bedroom for guests or as a study/home office. This means always make it very clear how many bedrooms your apartment has available, and focus on making that feature attractive. When the tenant’s visit your apartment for rent, make sure all rooms are set up for occupants, and don’t try to advertise a room that is not fit to be a bedroom as a bedroom. This will frustrate prospective tenants who are only considering properties that truly fit their bedroom necessities. Extra Perks: Those in the market for a apartment for rent are generally quite busy people. They might be foreigners temporarily living here for work. They might be students living in the city for study. Or they might own a property in the provinces, but need an apartment for rent close to their workplace so they can work in the city during the week. This means the tenant might appreciate features in your apartment for rent like the garden and swimming pool – but, remember, they don’t want to maintain them! This makes an apartment for rent with service inclusions very attractive. Tenants don’t want to waste their time setting up the internet connection, or paying the electricity bill to the provider. The more services you can package into the rental price for your apartment for rent, the better. When the tenant pays just one fee every month and knows that the pool will be cleaned, the garden will be weeded, and the internet will be provided – this is a great bonus for prospective tenants looking at your apartment for rent. Cleaning services and exercise facilities might also be attractive to many busy tenants looking for an apartment to rent. "If you are dealing with a busy demographic - think about how you can make their life easier!" Make you property more attractive to tenants by thinking about how you can make their day to day life easier. This will mean you property rents faster, and for a higher monthly rate. Here are some more handy tips for getting the most return on investment from your rental property!