Want to start living in Phnom Penh? You should. Over 80,000 expats have already moved to the Kingdom and life is good! The ULTIMATE Expat Guide to Phnom Penh covers all things you need to know before moving to the kingdom of wonder, thanks to Realestate.com.kh, Cambodia's home of real estate. Real Expat Reviews:Firstly, let’s see what some expats currently living here in Phnom Penh have to say:Daniel Santantoniou, an Insurance Broker originally from Geneva, Switzerland, who has lived in Cambodia for 20 months, says that “the best thing about living in Cambodia is the cost of living, business opportunities, overall growth in all sectors, proximity to the beach and the influence of Buddhist culture.” Daniel lives in a one bedroom apartment, local Khmer style, with a view of Royal Palace and the National Museum. This costs just 430$/month, including water and cleaning once a week, which Daniel says is “good value for money given the location and view. However, we found serviced apartments way overpriced in Phnom Penh compared to Bangkok.”Alexander Evengroen, a Netherland’s native and a business developer, real estate professional and motivational speaker by trade, has lived and worked all over the world, including China, Singapore, Thailand, Ghana, Malawi, and now Cambodia... “I have stayed in beautiful Cambodia for around 5 years. The best thing about living here is my beautiful Cambodian wife,” says Alex. In terms of advice for new expat residences, Alex says that, “someone moving to Phnom Penh soon needs to be open-minded and go further than the tourist attractions. Dare to explore more provinces and meet the fantastic people of Cambodia. The amazing food, the culture and so much more. Meet other expats to share experiences and join events to learn from each other - but don’t only hang around them! See and feel the beauty of this great country.” Alex lives in a beautiful spacious 5 bedroom, 5 bathroom villa home with “all the needs and facilities you can dream of - Seldom do we get power cuts, and fully air-conditioned - in the Attwood area of Phnom Penh.”Filipino native Carmela Torres, a real estate marketer by day, band vocalist by night, has resided in Phnom Penh for 1 year and 3 months. She says, “The best thing about living in Cambodia is the affordable yet high quality of life (cheap cost of living). Also, the unique freedom to start a business and not get killed with taxes.” “My advice for an expat moving here,” says Carmela, “would be shop around to find the best deals on property and to always try to barter the price. Do not be overly anxious about safety and security when moving in Phnom Penh, and when it comes to healthcare I think the medical care facilities here have greatly improved, and many ailments can now be treated in Phnom Penh by foreign doctors and foreign-trained Cambodian doctors. Dental care is also professional and affordable. But have medical insurance in your home country in case of the worst! Finally, beware the heat!” Carmela lives in a stand alone apartment in the BKK1 area, which she says is “definitely good value for money: Centrally located, easy access and very close to everything.”Hayley Flack, a student instructor from London, has lived in Cambodia almost fourteen years. Hayley comments that, “I enjoy my job and the easy going lifestyle of Phnom Penh. On weekends, the hardest thing is deciding where to eat - as there are so many great restaurants, and which gigs to go to. We are generally spoilt for choice. A piece of advice I would give is to stay calm and do not lose your temper. A smile will go a long way even when you get frustrated, which will happen.” In regards to where you should live, Hayley explains that, “I have lived in the same apartment for nearly ten years. The rent is very good and the landlord is very hands off, apart from when we need help. We live behind the University of Fine Arts. It is very good value for money. However, one thing I will say is the apartment next door and many others in our area lie empty. Why? Because the rent is more than double than ours. I don't understand why the landlords keep the rent high and therefore the apartments empty. I have had friends look at them and try to haggle the price, but they won't budge.”Adolfo Perez-Gascon, a Spaniard who has lived in Cambodia for 2 years already working as a journalist, thinks that, “the best thing about living in Phnom Penh is the fact that you have access to a big and vibrant community of expats, while also having the opportunity to interact with a very friendly and open local population. Living in Phnom Penh, you'll find that you have access to almost all western commodities and activities that you enjoy back home, but you are still in a foreign and exciting country; a country that you'll feel compel to explore and learn more about. In this regard, Phnom Penh strikes an almost perfect balance.” Adolfo notes that, “a lot of people move to Phnom Penh without a plan; they don't really know what they want to do here, and, of course, do not have a job waiting for them. They are lured to the country by lax visa requirements and the prospects of an easy life. My advice to any person planning the move to Cambodia is to come here with a job. Do your research, find an employer that you'll like to work for, and don't board that plane until you are sure of what you are going to be doing. Having a concrete plan of action will help you enjoy your experience in the Kingdom a lot more. Starting work right away will help you integrate into the community. I shared an apartment (with 2 other people) on the second floor of a traditional Khmer building located in the vicinity of the Genocide Museum. Rent is extremely cheap (we pay 400$/month for the whole apartment). Compared to my home country, this is an amazing deal. Put bluntly, you'll never find such cheap accommodation in Spain. The apartment is nice, spacious and comfortable. We have all the amenities that you'd expect of a modern house, including wifi and aircon.” A Little History That Ex-Pats Should Know:Cambodia has a rich history going back at least five thousand years. However, it was an experiencing a Dark Age from the 1400s until 1863. This Dark Age ended when the French came in and established a protectorate. Over time, this situation changed and Cambodia became a French colony. In the early 1940s, events that occurred during World War II weakened the French Colonial Empire. In 1953, Cambodia established itself again as an independent kingdom. Thus, from the 1940s through the 1960s, development in Cambodia was comparable to what was occurring in Vietnam and Thailand at the time. Unfortunately, the war in neighboring Vietnam negatively impacted Cambodia, resulting in sections of Cambodia being bombed by various parties, including the USA. This helped bring a group to power known as the Khmer Rouge. Most likely, you have heard the term "Khmer Rouge" and are aware that it has negative associations. They came to power in Cambodia in the 1970s, and, during their relatively short reign of terror, killed approximately a third of the country's population. These events affected everyone in the nation and still do. But this era was particularly hard on educated professionals, such as doctors, lawyers, and teachers. They were targeted first. Although these events are history, they are not yet resolved. The country is still struggling to heal its wounds from these events. The trials of the Khmer Rouge leaders for their atrocities started relatively recently and are still ongoing in The Extraordinary Chambers in the Courts of Cambodia (ECCC) located outside Phnom Penh. Additionally, the country developed the Tuol Sleng Genocide Museum and Choeung Ek Killing Fields in Phnom Penh. These are tourist sites aimed at educating the world, as well as a form of national therapy, helping the country to come to terms with these recent events. History and The Ex-Pat Community:Modern Cambodia was established in 1993. Thus, it is a relatively young nation, yet it has a long and rich history. The recent events detailed above have some of the following impacts on the ex-pat community today: 1) The tremendous recent loss of so many educated people is the primary reason that Cambodia has such a thriving ex-pat community. The country needs far more educated, skilled professionals to fill vital roles than it can supply internally. So, if you are an ex-pat living in Cambodia, you have been welcomed here to help with the recovery process that the country is still undergoing. 2) If you want to fit in and be comfortable in your interactions, it helps to understand the culture a bit. One of the take-aways from this short history lesson is that there is a significant French influence in Cambodia due to the years that it was a French colony. Another is that Cambodia is right now undergoing a process not unlike The Nuremburg Trials from some years ago, when European leaders were similarly tried for war crimes from World War II. 3) The country still has a lot of landmines and other visible scars from being embroiled in conflict for decades. It is wise to be mindful of potential danger in some parts of the country when you travel. Phnom Penh for Expats:As the capital and the largest city in the nation, Phnom Penh is a locus of the ex-pat community. Not only are there a lot of jobs here that are well-suited to attracting ex-pats, it has development more comparable to that of many western nations. This gives ex-pats the chance to find their comfort zone, anywhere from largely recreating a life similar to what they had in their country of origin to living much like a local for an especially broadening personal experience. The ongoing influx of foreign investment and foreign workers living here has brought with it western style businesses and amenities, plus international school amenities geared to the needs of ex-pat families. As with any big city, more development tends to lead to higher prices. However, going local can give you an exotic experience on the cheap, if you so desire it. Western style luxury apartments with all the amenities, and also serviced apartments -- such as a pool, gym and security -- can be had for $500-$3000 per month. Check out properties available NOW! Alternately, more authentically Cambodian digs can be rented for less than $300 per month. If your comfort zone involves organic, upscale food stores, you can find that for prices comparable to what you would pay at home. Or you can shop the local outdoor vendors (similar to western Farmer's Markets) for substantially less, often about half price. A western style coffee from a foreign chain can be had for around $3, while a cup of coffee from a local stall is typically well under $1. In fact, the first Cambodian Starbuck's recently opened in the Phnom Penh International Airport. If you just must have a taste of home, it can be found there at typical Starbuck's prices. There is plenty to do and see within the capital, including fine dining, live music, movies and other entertainment venues. But, living in Phnom Penh also gives you easy access to the recently expanded international airport and bus services, making regional travel very do-able for the more adventure-minded types. All of this means that an ex-pat living in Phnom Penh can live what would be a very upper class lifestyle in most large western cities, but on a relatively modest income. A housekeeper can be hired for about $5 per visit, making it affordable to have one come once or twice per week. A mid-price restaurant meal for two is approximately $15-20, about the same as or not much more than you would pay for fast food in many western cities. Plus, simply being here means that when you take a day trip or a weekend jaunt, it is invariably to see things that many westerners would only dream of visiting if they were incredibly rich. The Ex-Pat Work Scene:Most ex-pats in Phnom Penh live on anywhere from $12,000 to $60,000 per year. They are employed in NGOs, the hospitality and tourism sector, education, tech and business. Some are hired to come here. Others choose to simply show up and look for work. Simply showing up is not as crazy as it might sound. Cambodian visas have some of the most lax rules in the entire world, and being here allows one to find jobs via word of mouth that won't ever be advertised online. You can also check newspaper listings if you are here. Some people start by looking at online job listings. The two most popular Cambodian job sites are Bong Thom Dot Com and HRinc. How to Get a Visa:There is a low bar to entry here. Many people get a standard E-class visa by simply showing up. Airports and border check points both allow you to get one by filling out very nominal paperwork and paying a few extra dollars above what a tourist visa costs. For about $300, you can extend it to a year. However, in 2014, Cambodia passed a new law that requires foreign workers to have a government issued work book. This is really a responsibility of the employer, not the employee, and, so far, enforcement has not been stringent. Currency:It may surprise you to learn that US Dollars and Cambodian Riel are the predominant currencies here. In fact, most ATMs dispense US Dollars only (unless otherwise noted). With the exchange rate in the neighborhood of 4000 Riel to $1 US, it is typical for transactions to be made primarily in dollars, with "change" given in the form of Riel instead of US coins. Popular Ex-Pat Neighborhoods:A popular area for ex-pats is Boeung Keng Kang 1, 2 or 3. Don't worry: Everyone just abbreviates this as BKK 1, 2 or 3. The Russian Market and the Riverside area also have many ex-pats. BKK 1 and 2 are more upscale, with more amenities geared specifically towards foreigners. BKK 3 and the Russian Market both offer an attractive mix of western and local shops. Learn more about these popular areas! Search for your new home away from home now! The Riverside area is popular with tourists and has a number of bars and nightclubs. It is, perhaps, less family friendly than the other neighborhoods, but a good place to go if you love the nightlife. More recently, Tuol Kork is a neighborhood about 30 minutes out that is increasingly attracting ex-pats. As with other large cities, commuting to a suburb outside the densely developed downtown area is a good way to find places renting for much less money. Learn more about expat rentals in Phnom Penh!  Housing:In addition to the aforementioned luxury apartments and local style rentals, Phnom Penh also has French colonial architecture and western style homes tucked away on tree-lined streets. Single ex-pats who choose to share an apartment can find accommodations for as little as $150 per month. Those who choose to live on their own may pay up to $500 for an apartment, depending upon its size, location and amenities. Couples or families are typically looking at costs between $250 and $1000. Should i opt for a long or short term lease in Cambodia? Here are some pros and cons.  If you go through a real estate agency to help you find a place, it shouldn't cost you anything as they are typically getting paid by the landlords. They can help you understand what is available and what is in the lease. Just like you would in other countries, it is not uncommon to sign a lease for a set period of time, pay a security deposit and your first month's rent prior to moving in. Here’s how to choose the right Cambodian real estate agent for you! Utilities:Although some landlords cover utilities for you, such as cable, water and trash, they typically charge you for electricity. The typical rate is around $0.25 USD/kilowatt. Read your contract before you sign. Some landlords may try to pad that. Make sure you understand your contract before you sign! English is Common:As with many countries, a lot of the locals speak English. This makes it easier to shop, dine and make friends than you might expect. Many shops and restaurants can assist you in English, even with local goods. Petty Crime:If you look like a well-heeled foreigner, you may find yourself the target of petty crime. This is pretty normal in less developed countries, but Phnom Penh is actually safer than Vietnam and Bangkok. Crime levels have gone up recently, but if you take reasonable precautions, this shouldn't be particularly more concerning than in any big city. Bag snatching is a minor issue in downtown areas at night, especially for western women. This also occurs from the side of Tuk Tuks at night, perpetrated by thieves on motorbikes. To be sure, make sure you keep your bag on the inside of you at all times. Learn more about home and personal security in Cambodia. The State of Medicine in Cambodia:Perhaps you have heard that you should "Go to Thailand" if you need medical care while in Cambodia. It was not that long ago that this was the standard wisdom in the ex-pat community, but medical care has come a long way in recent years. Increasingly, Phnom Penh has first rate doctors available, whether foreign doctors who came here to practice or Cambodian doctors who were trained abroad. Dental care is also comparable to that in more developed nations, while costing far less. None the less, some kinds of procedures may not be available locally. Thus, it is not uncommon for people to go elsewhere if they require certain things. Thailand is still popular, followed by Singapore and Malaysia. Bangkok is particularly popular for OB care. However, even after you factor in travel expenses, you will find that medical care in this region will generally be less expensive than what you would pay in the USA. To give you a general idea of the price range: Visiting a local emergency clinic for stitches, plus two follow-up appointments, can cost less than $300. Getting Groceries:Ex-pats can shop at modern grocery stores for many of the same amenities they would find in a western country, often at prices that are not substantially different, though there are certainly some notable exceptions. For example, apples and are not native fruits here. Since they are imported, they may be surprisingly expensive compared to the prices in your country of origin. However, many ex-pats enjoy checking out the numerous open air markets that dot the city. Similar to Farmer's Markets, these are a great place to get great prices on locally grown produce. Bonus: You may get a chance to learn some of the local language (Khmer) and it puts you directly in touch with local culture in a low risk, comfortable manner. You do not have to be too adventurous to partake of this ex-pat experience, while collecting charming stories to tell back home someday. Ex-pats may love the local outdoor markets with their fresh, surprisingly cheap in season produce, but for more perishable items, like meat and dairy, many ex-pats prefer to shop at stores geared towards western sensibilities. These are western style grocery stores with air conditioning and refrigeration for perishables. Unsurprisingly, they are more readily available in some of the same neighborhoods where ex-pats tend to concentrate, such as BKK 1 and 2 or the Russian Market. You may especially enjoy the lingering French influence that is clearly present at such places. Their bakeries routinely carry croissants, baguettes and other authentic French style baked goods. Most ex-pats can find all their familiar favorites, just like back home. If you are feeling a bit homesick, you can just stock up on all of your "normal" foods and cook at home, giving some of the local eateries a rest for a bit. Then dip back into Cambodian culture again at will, whenever you feel like it. Wine and Spirits:If you are fond of good alcohol, it is surprising how readily available and affordable such things are in Cambodia. Many familiar brand names, such as Absolut Vodka, are readily available, usually for under $20. You can find wine shops and craft beers. There are bars and restaurants that will serve you cocktails. Happy Hour often means cocktails are half price. A can of local beer from a local shop is astonishingly cheap. You can also find experiences such as weekly rum tastings. Local Transportation:Within Phnom Penh, ex-pats and locals mostly travel by hiring tuk-tuk and "motos" (local slang for motorbikes). Tuk-tuks are carriages pulled by a motorbike. Going across town via tuk-tuk should cost around $5. Shorter trips within the city will be less. If you are traveling alone, you can catch a ride for a small fee on a moto. This will be cheaper, but more of an adventure. They are not particularly regulated here, thus most drivers are engaging in a casual form of unregulated entrepreneurship. Pretty much anyone who owns a motorbike can hire themselves out. They do not usually provide helmets for their passengers. Of course, they typically do not wear a helmet themselves either. Taxis can be found, but they mostly service the airport. If you really want a taxi, you should call and arrange one. They do not typically cruise the city looking for passengers, so it is not realistic to assume you can readily flag one down. In 2015, local bus service was established in the city. Unsurprisingly, given how new the system is, routes are limited and service is not yet reliable. This is something to look forward to for the future, but not something you should count on for basic transportation just yet. Travel Outside of the Capital:Phnom Penh’s International Airport is still being upgraded. Its ongoing expansion has added more international flights, both to and from the capital. There are multiple daily flights to Bangkok, Thailand, and Ho Chi Minh City, Vietnam for less than $100. For about $50, you can take an Air Asia flight to their Kuala Lumpur hub, and from there go on to other parts of Asia. Although the local bus service is in its infancy, regional bus service has been around for some time. Thus, it has had the opportunity to mature. Typically for less than $20, you can find air conditioned buses to most parts of the country via Giant Ibis. For not much more money, it is also possible to find buses that will take you to a bordering country, such as Thailand. If you wish to go someplace not on an established bus route or you wish to retain additional control over your schedule, for a bit more money, you can also hire a car and driver to take you anywhere you wish to go. A Magnet for Foreign Nationals:Phnom Penh has much of the charm and opportunity that our parents found in so many places around the world, but which is nearly non-existent these days. This unusually low cost cosmopolitan city offers ready access to relatively obscure, exotic regional destinations. Plus, it has economic access to major markets, such as India, China and Australia. This makes it one of the few places left in the world where educated people from more developed nations can find abundant career opportunity while living like they are on a permanent vacation. Retiree’s Mecca:InternationalLiving.com’s Annual Global Retirement Index has just named Cambodia as 1 of 3 top retirement destinations worldwide. The retirement index seeks to compare and contrast retirement destinations around the world – all of which are exhibiting relatively low costs of living by global standards. Retiring in weaker economies is becoming a global trend for expats from more expensive, developed economies, as the relative costs of living in cheaper retirement destinations guarantees a better quality of life for pensioners. In the past 10 years the Kingdom of Cambodia has become one of Southeast Asia’s most up-and-coming destinations for tourists and expats looking to enjoy the exotic charm of a country that also offers the most attractive cost of living in Asia. Cambodia has flexible visa requirements for citizens of Western countries who can obtain annual long-stay visas with a minimum of paperwork and a processing fee of just $285 per year. When you get there, everything from entertainment to renting is very affordable in Cambodia. Meanwhile, the Cambodian government looks set to make it even easier to retire in the Kingdom… Meanwhile, the government has released plans to increase Cambodia’s attractiveness as a destination for foreign retirees, according to a draft policy from the Ministry of Tourism obtained by the Cambodia Daily. “The draft includes a range of proposals to extract more income from Cambodia’s tourist industry by encouraging foreigners to buy property and stay longer in the country, with involvement from the ministries of tourism, finance and land management,” said the Cambodia Daily report. The proposed policies are said to include measures such as the development of “special residences” throughout Cambodia with commercial tourist properties and a wide range of useful facilities. “Special tourists” such as retirees would have the right to buy, rent or sell property in these special residences, and also be entitled to longer-term and more flexible vi­sas, according to the draft of the policy.Enjoyed the Expat guide to Phnom Penh? Learn more about foreign property ownership in Cambodia!

ក្រុមហ៊ុន J & L Development Company បានប្រកាសជាផ្លូវការក្នុងការដាក់ចេញគម្រោង Sky Tree Condominium ស្ថិតនៅខណ្ឌឫស្សីកែវ រាជធានីភ្នំពេញកាលពីម្សិលមិញ។ក្រុមហ៊ុន J & L Development Company ដែលមានបទពិសោធន៍ក្នុងស្រុកជាង២០ឆ្នាំនៅកម្ពុជា និងដៃគូយុទ្ធសាស្ត្រជាមួយក្រុមហ៊ុន MCC CORPORATION ដ៏ល្បីឈ្មោះលំដាប់ពិភពលោកនៅរដ្ឋធានីប៉េកាំង ប្រទេសចិន និងក្រុមហ៊ុនដទៃទៀតដូចជា ក្រមហ៊ុន URBAN ARCHITECTURE ដែលជាក្រុមហ៊ុនស្ថាបត្យកម្មប្រកបដោយគំនិតច្នៃប្រឌិតខ្ពស់ក្នុងទីផ្សារប្រទេសកម្ពុជា ក្រុមហ៊ុន KNIGHT FRANKដែលជាទីភ្នាក់ងារលក់ដ៏ល្បីល្បាញពីចក្រក្រភពអង់គ្លេស  ទទួលបានជោគជ័យច្រើននៅប្រទេសកម្ពុជា, CENTURY 21 CAMBODIA; MATSU PROPERTY of Taiwan;និងក្រុមហ៊ុនREALESTATE.COM.KH ដែលជាគេហទំព័រស្រាវជ្រាវនិងទីភ្នាក់ងារផ្សព្វផ្សាយ លើវិស័យអចនលទ្រព្យ ដំបូងគេបង្អស់ប្រទេសកម្ពុជា។ពត៌មានបន្ថែមអំពីគម្រោង: Sky Tree Condominiumភ្ញៀវកិត្តិយសរួមមានលោក Scott Wu នាយកគ្រប់គ្រងទូទៅនៃក្រុមហ៊ុន J & L Property Development Co. Ltd លោកChen Shaochunប្រធាន នៃក្រុមហ៊ុន MCC International Corporation Ltdលោក Sun Qingdong អនុប្រធាននៃក្រុមហ៊ុន MCC International Corporation Ltd។នាយកគ្រប់គ្រងទូទៅនៃក្រុមហ៊ុន J & L Property Development Co., Ltd លោក Scott Wu បានមានប្រសាសន៍ទៅកាន់សន្និសិទកាលពីម្សិលមិញថា” ក្រុមហ៊ុន J & L Property Development  ក្នុងនាមជាអ្នកសម្របសម្រួលដ៏សំខាន់នៃគម្រោង Sky Tree Condominium បាននាំមកជូនដៃគូជំនាញល្បីៗដែលទទួលការកោតសរសើរខ្ពស់លើពិភពលោក ក្នុងការអភិវឌ្ឍ ធ្វើផែនការ សាងសង់ គ្រប់គ្រងដំណាក់កាលផ្សេងៗប្រកបដោយជំនាញខ្ពស់តាំងពីពេលចាប់ផ្តើមរហូតដល់ពេលបញ្ចប់ ដែលបានដាក់ចេញនូវគម្រោងនេះដោយអនុលោមតាមតម្រូវការនិងមធ្យោបាយរបស់ប្រទេសនោះ ឱ្យបានទាន់ពេលវេលា។ក្រុមហ៊ុន J & L នឹងព្យាយាមធ្វើឱ្យមានតម្លៃសមរម្យក្នុងការទិញខុនដូ ដែលជាគោលបំណងដ៏សំខាន់តាមរយៈការបញ្ចុះតម្លៃតាមដែលអាចធ្វើទៅបាន ទៅតាមតម្រូវការក្នុងស្រុក និងកម្រិតហិរញ្ញវត្ថុ ក៏ប៉ុន្តែទន្ទឹមនឹងនេះយើងនៅតែរក្សាគុណភាពខ្ពស់នៃខុនដូដែលបានសាងសង់រួចរាល់ដែរ។ក្រុមហ៊ុន J & L នឹងផ្តល់នូវដំណោះស្រាយ “ជាកញ្ចប់” ដោយសហការជាមួយធនាគារបរទេសទៅក្នុងភាពជាដៃគូដើម្បីផ្តល់កម្ចីទិញផ្ទះ “ដោយគ្មានភាពស្មុគស្មាញ”ដល់អថិតិជន និងវិនិយោគិន ដែលបានទិញយូនីតក្នុងគម្រោង Sky Tree។អថិតិជនក្នុងស្រុកនិងក្រៅស្រុកគ្រាន់តែបង់ប្រាក់ដំបូងចំនួន 10% នៃតម្លៃសរុប។ ហើយអាចទទួលបានហិរញ្ញវត្ថុ ៧០%សម្រាបនៃការទូទាត់នៅសល់។ការផ្តល់ហិរញ្ញប្បទាននេះគឺមានរយៈពេលរហូតដល់ទៅ 15 ឆ្នាំ។Sky Tree Condominium យូនីត គឺតម្លៃចាប់ពី ៨៩.៤៤០ ដុល្លារតែប៉ុណ្ណោះ។លោក Simon ដែលជាស្ថាបនិកក្រុមហ៊ុន J & L មានបំនងធ្វើយ៉ាងណាឱ្យជីវភាពរស់នៅរបស់អ្នកដែលរស់នៅរាជធានីភ្នំពេញកាន់តែប្រសើរឡើងតាមរយៈការណែនាំពីផ្នែកនិងសម្ភារបច្ចេកវិទ្យាទំនើបដែលបាននាំចូលពីបរទេស ដូចជាសម្ភារមិនប៉ះពាល់ដល់បរិស្ថាន ស៊ុមបង្អួចមិនចូលខ្យល់ ស៊ុមបង្អួចកញ្ចក់ដែលមានច្រើនពណ៌ដូចធម្មជាតិជាដើម។ល។ពត៌មានបន្ថែមអំពីគម្រោង: Sky Tree Condominiumក្រុមហ៊ុន J&L ចង់ក្លាយទៅជា “កាតាលីករ” ក្នុងការអភិវឌ្ឍរាជធានីភ្នំពេញឱ្យបានឆាប់រហ័សទៅក្នុងទីផ្សារពិភពលោកសម្រាប់ការវិនិយោគលើវិស័យអចលនទ្រព្យ ហើយកំពុងទាក់ទង ភាគីសំខាន់ៗក្នុងទីផ្សារមួយចំនួនដើម្បីរួមបញ្ចូលជំនាញក្នុងតំបន់របស់ពួកគេ និងធ្វើឱ្យទីផ្សារក្នុងរាជធានីភ្នំពេញទៅកាន់បណ្តាញដ៏ធំៗរបស់ខ្លួន។ក្រុមហ៊ុន J & L ក៏ធ្វើការយ៉ាងយកចិត្តទុកដាក់ទៅលើសុវត្តិភាពនិងសេចក្តីសុខដោយសហការជាមួយក្រុមហ៊ុនកំពូលMCC International Corporationមកពីទីក្រុងប៉េកាំង។ C.E.O និងក្រុមគ្រួសាររបស់លោកក៏នឹងមករស់នៅក្នុងខនដូនេះនៅពេលដែលគម្រោងចប់រួចរាល់។ការសាងសង់បានចាប់ផ្ដើមនិងកំពុងបន្តរហើយនៅខណ្ឌឫស្សីកែវ។លោក Sun Qingdong អនុប្រធាននៃក្រុមហ៊ុន MCC International Corporation Ltd បានមានប្រសាសន៍បន្ថែមទៅកាន់សន្និសិទថា ”ក្រុមហ៊ុន MCC បានជាប់ចំណាត់ថ្នាក់លេខ ៣២៦ ក្នុងចំណោមក្រុមហ៊ុនចំនួន ៥០០ លើពិភពលោក និងស្ថិតក្នុងចំណាត់ថ្នាក់ទី១០ នៅក្នុងក្រុមហ៊ុនម៉‌ៅការចំនួន២២៥ លំដាប់ខ្ពស់លើពិភពលោកនៃកំណត់ត្រាព័ត៌មានវិស្វកម្ម។ និងសាងសង់សំណង់ដ៏រឹងមាំតាមបែបវិស្វកម្មនៅជុំវិញពិភពលោក។ ក្រុមហ៊ុន MCCI មានការិយាល័យសាខា បុត្រសម្ព័ន្ធនិងតំណាងនៅអាស៊ីអាគ្នេយ៍ មជ្ឈិមបូព៌ា អាហ្រ្វិក អាមេរិកខាងត្បូង ។ល។ក្រុមហ៊ុន MCCI មានមោទភាពក្នុងការផ្តល់ជូននូវជំនាញវិស្វកម្ម សំណង់ និងការគាំទ្រយុទ្ធសាស្ត្រជារួមសម្រាប់ក្រុមហ៊ុន J & L Property Development Co. Ltd ដែលជាគម្រោងបច្ចុប្បន្ននិងអនាគតនៅប្រទេសកម្ពុជា”។ជាមួយការគាំទ្រយុទ្ធសាស្ត្ររបស់ក្រុមហ៊ុន MCCI Corporation ការសាងសង់បានចាប់ផ្តើមឡើងនៅក្នុងខណ្ឌឫស្សីកែវ រាជធានីភ្នំពេញ អស់រយៈពេលជាយូរមកហើយ មុនពេលប្រកាសដាក់លក់។ ដំណាក់កាលទី១ នឹងត្រូវបានបញ្ចប់នៅត្រឹមឆ្នាំ២០១៩ ហើយត្រៀមសម្រាប់ការប្រគល់ជូនអតិថិជន។លោក Melvin Baroga ប្រធាននាយកដ្ឋាននៃផ្នែករចនានៃក្រុមហ៊ុន Urban Architecture Co., Ltdបានប្រាប់ឲ្យដឹងថា ”ការរចនានៃ Sky Tree ខុនដូនេះត្រូវបាន ប្រាថ្នាយ៉ាងខ្លាំងក្នុងការបង្កើតចំណាប់អារម្មណ៍ដែលជាគំរូអស្ចារ្យស្ថាបត្យកម្ម។ បានបង្កើតបន្ទាត់កាត់កែងដែលបានពង្រីកពីវេទិកានេះឡើងទៅដំបូល មានភាពតភ្ជាប់នៃឧត្តមភាពមួយពីអគារជុំវិញនោះ។ ការរួមបញ្ចូលគ្នា ដើម្បីភាពរឹងមាំនៃការរចនាដោយផ្ដេកនិងបញ្ឈរត្រូវបាន បង្កើតទម្រង់ rectilinear មួយដែលបង្ហាញថាស្ថិរភាពនិងការអចិន្ត្រៃយ៍” ។“លោកអ្នកអាចមើលឃើញទេសភាពរាជធានីភ្នំពេញទាំងមូល។ ជាពិសេសភាគច្រើននៃបរិវេណអគារទាំងមូលទុកសម្រាប់កន្លែងសាធារណៈជាច្រើនទៀតដូចជា សួនច្បារលើដំបូល កន្លែងចុះចតឧទ្ធម្ភាគចក្រ គ្លីនិក Sky bar កន្លែងហាត់ប្រាណ ស្ប៉ា កន្លែងលក់ទំនិញយីហោល្បីៗលំដាប់ថ្នាក់អន្តរជាតិ ចំណតរថយន្តគ្រប់គ្រាន់ អគារអាជីវកម្ម និងកន្លែងផ្សេងៗជាច្រើនទៀត” លោក Baroga បានបន្ថែម ”។ទោះបីជាក្រុមហ៊ុនJ&Lជាគម្រោងដំបូងនៅកម្ផុជាក៏ដោយក៏គម្រោងក្រុមហ៊ុននេះនឹងបន្តរមានអ្វីជាច្រើន ផ្តល់ជូន។ពត៌មានបន្ថែមអំពីគម្រោង: Sky Tree Condominium

Welcome to another real estate news recap, from Realestate.com.kh - your leader in property information! Keep up to date with market changes, and be an investor with FORESIGHT! Cambodia Microlending Industry Expands:As the consumer economy grows, many foreign investors are thinking it wise to establish businesses that would be mutually beneficial for both them and Cambodia. One of the interested companies who want a slice of the pie is Japanese-owned Mothers Financial Japan Plc. The microfinance institution aims to give Cambodia’s microlending industry a competitive edge as it introduces lower monthly interest rates of 1 to 1.8 per cent. This will provide access for 20 to 30 per cent of the 3.4 million families who are still in need of financing.Five More Protected Forests in CambodiaFive forests that were previously owned by the ministry of fishery, agriculture and forestry are set to be made into protected forests as part of Cambodia’s efforts toward biodiversity. Minister Say Samal said that this plan was developed roughly two-and-a-half years ago but had only been approved recently.  Though environmentally geared towards biodiversity, this also means that there’s one less area where infrastructural developments can be made. Will the government decide in the long run that this wasn’t such a good idea and will this affect major investment in potential businesses? We hope not.Cambodia Gives Multilevel Marketing a Chance?Multiple advisories were released before by the Securities and Exchange Commission of Cambodia regarding MLM scams and abuse, but it seems that Malaysian-owned company Zhulian Corp Bhd may be able to convince them otherwise. With plans of business expansion, Zhulian Corp Bhd is eyeing on Cambodia and Laos as another location for investment. With the decline in demand in Thailand, the company suffered substantial loss but ultimately gained thrust once more when they decided to make a few more investments with outside entities and business partners. Zhulian Corp Bhd carries items like jewelry and gadgets. Having said this, it may not be far off too that they would adjust their business model and profit from the country’s growing real estate industry.Preview of Stars of Kovan While Cambodia has had its fair share of profits and loss, Singapore is making headlines as they finally unveil their first commercial development that’s British-inspired. Though a new development concept may not appeal to the general public, it’s estimated to have a grand total of 390 condominium units, five strata houses and 46 strata shop units that will ensure profit for its developers who plan on completing the project by 2020. From Cambodia to Thailand  It’s been no secret that there is tension between Thailand and Cambodia, most especially with regards to Preah Vihear where Cambodian officials had closed the Thai entrance to the Hindu temple complex. This is one of the reasons why Thai soldiers decided to create a scale model of the complex along their side of the border. They hope to attract more tourists to their side as the months go by. Though Thailand may have waged a big game of tug-of-war against Cambodia with its tourist population, Cambodia is still a force to be reckoned especially when it comes to real estate. Research shows that there was a 60 per cent increase in condominium prices since 2009 in Thailand but is still relatively cheap while Cambodia remains to be competitive in terms of its real estate financial affordability.

Singapore has been one of the leading countries in terms of business and culture during the past years, but it seems that an economic downturn may spell trouble for architects and engineers. It was reported that there were 940 professionals who were released from their contracts, mostly coming from small architectural firms who are struggling to survive during this rough economic time. One other option these firms are taking is expanding or transferring to countries that have better economic and social conditions. This Architecture and Engineering Upset in Singapore may be bad news for Singapore, but this can also mean new ventures for other nearby countries in terms of real estate and infrastructure.

មានបទពិសោធន៍ជាង៣០ឆ្នំាក្នុងវិស័យអចលនទ្រព្យ ក្រុមហ៊ុន TC Royal Manor ដែលជា ក្រុមហ៊ុនមានមូលដ្ឋាននៅកោះតៃវ៉ាន់បានឈានជើងចូលប្រទេសកម្ពុជាជាមួយនឹងគម្រោងសាងសង់ដែលមានទំហំទឹកប្រាក់ជាង៣០លានដុល្លារអាមេរិក ដែលមានឈ្មោះថា TK Royal One TK Royal One ចាប់ផ្តើមសាងសង់នៅដើមខែមករាឆ្នំា២០១៥ ហើយនឹងត្រូវបញ្ចប់គម្រោងសាងសង់នៅចុងឆ្នំា២០១៧ស្ថិតតាម​បណ្តោយ​មហាវិថី​សហព័ន្ធ​រុស្ស៊ីទល់​មុខ​សកល​វិទ្យាល័យ​ភូមិន្ទ​ភ្នំពេញនិង​ផ្នែក​ខាង​ក្រោយ​របស់​ អគារ​ទល់​នឹង​ផ្លូវ​លេខ ១២២ ក្នុង សង្កាត់​ទឹកល្អក់១ ខណ្ឌ​ទួលគោក។ គម្រោងសាងសង់ដែលមានទំាងការិយាល័យនិងលំនៅដ្ឋានវាពិតជាសាកសម្យនឹងមនុស្សទាន់សម័យ មានការបញ្ជាទិញបណ្តើរៗហើយមានទំាងភ្ញៀវក្នុងតំបន់ និងភ្ញៀវបរទេស មានតម្លៃចាប់ពី ២៨០០ ដុល្លារអាមេរិកក្នុងមួយម៉ែត្រការ៉េ។ត្រូវបានចាត់ទុកជាគម្រោងសាង់សង់ដ៏ធំជាងគេនៅតាមបណ្តោយ​មហាវិថី​សហព័ន្ធ​រុស្ស៊ី អគារដែលមាន១៩ជាន់និង១៥៩លំនៅដ្ឋានត្រៀមចែកចាយបទពិសោធន៍រស់នៅដែលមានស្តង់ដាខ្ពស់ ភាពប្រណិតលូយឆាយសាកសម្យនឹងរសនិយមរបស់មនុស្សទាន់សម័យ។ TK Royal One មិនត្រឹមតែជាលំនៅដ្ឋាននិងការិយាល័យតែប៉ុណ្ណោះនោះទេ គម្រោងមួយនេះថែមទំាងផ្តល់ជូននូវតម្រូវការរបស់អ្នកស្នាក់នៅក្នុងអគារដូចជា៖ ក្លឹបហាត់ប្រាណអាងហែលទឹកនិងមានសួនច្បារសម្រាប់លំហែកាយនៅលើ ដំបូលនៃអគារដែលអាចមើលទេសភាពនៃទីក្រុងភ្នំពេញបានយ៉ាងល្អ។ការរចនាអគារត្រូវបានធ្វើឡើងដោយក្រុមហ៊ុនមកពីកោះតៃវ៉ាន់ ចំណែកឯការសាងសង់វិញត្រូវប្រគល់ឲ្យក្រុមហ៊ុនកូរ៉េគម្រោងមួយនេះត្រូវបាន សាងសង់ឡើងដោយយកចិត្តទុកដាក់បំផុតទំាងបច្ចេកទេសទំាងការគ្រប់គ្រងគឺត្រូវបាន ទទួលខុសត្រូវដោយក្រុមហ៊ុនបារំាងជាមួយនឹងការធានារស់នៅប្រកបដោយស្តង់ដារខ្ពស់។ភាពប្រណិតសុវត្ថិភាពភាពឯកជនសំភារៈបរិក្ខារជាពិសេសគុណភាពត្រូវបានយកចិត្តទុកដាក់បំផុតតាមស្តង់ដាអន្តរជាតិរបស់គម្រោងអភិវឌ្ឍន៍ TK Royal One។ គម្រោងសាងសង់មួយនេះពិតជាទាក់ទាញបំផុតវាស្ថិតនៅទល់មុខ សកលវិទ្យាល័យភូមិន្ទភ្នំពេញចំកណ្តាលទីប្រជុំជនដែលមានហាងល្បីៗជាច្រើនដូចជា៖​​ ហាងកាហ្វេ Brown Pizza Company មិនឆ្ងាយពី TK Avenue ជាពិសេសចំណាយពេលត្រឹមតែ១០ទៅ២០នាទីទៅព្រលានយន្តហោះអន្តរជាតិភ្នំពេញ និងតំបន់សេដ្ឋកិច្ចពិសេស។រសជាតិនៃជីវិតពោរពេញដោយភាពទាន់សម័យជាមួយនឹង TK Royal One រួសរាន់ឡើងទំនាក់ទំនងមកកាន់ភ្នាក់ងារលក់របស់យើងនៅថ្ងៃនេះ realestate.com.kh

Jum reap sour! And welcome to another weekly Real Estate News Report brought to you by Realestate.com.kh. The leader in real estate news in the Kingdom and the best place to find your new home.On this week’s show, we’re going to be speaking with Mr. In Sitha, Director of Business Development at VTrust Appraisal. Sitha has over 20 years experience in the real estate business in Cambodia and he now specializes in property development consultancy and real estate business development. He's also a renowned real estate teacher in real estate law and real estate practice. In this 6 Part series, we're going to get some tips for property developers and real estate businesses seeking to gain an edge when entering the Cambodian real estate market.PART 6: HOW TO DEVELOP YOUR REAL ESTATE AGENCY CAPACITY AND PROFESSIONALISM IN CAMBODIARealestate.com.kh: As a business development director at Vtrust Appraisal, obviously you do a lot of work helping real estate agencies increase their capacity. If you could give maybe the top four tips that you would give for real estate agency development? How to build a successful real estate business in Cambodia?In Sitha: Well, I think the four major factors that should be applied in order to make a successful real estate agency in Cambodia are Location, Human Resources/Training, Investment Capital and Marketing.Location is one of the key factors for a successful real estate agency business. Companies that are physically situated in the right locations for client’s easy access generally have the best success.Number two, human beings. Human Resources are crucial for any real estate agency. And this means the right people for the right jobs. Professional training for the agent shall be important and necessary too, and training should not stop during their career.Number three, Investment Capital. Any new real estate agency must be ready before starting at all for more than short term operational expenses. They need sufficient investment capital for at least three years. We have 2000 in real estate market in Cambodia and it is good. But in fact it's not enough. They have to pay a lot of operational expense. The staff salary, utilities, licensing, certificates, marketing etc etc. Be prepared before you try to start a business, because it won’t start generating money for some time.Number four is Marketing - you need to make your agencies known and respected. The best type of marketing these days is online. Learn more about choosing the right Cambodian real estate agent, on realestate.com.kh today!

Jum reap sour! And welcome to another weekly Real Estate News Report brought to you by Realestate.com.kh. The leader in real estate news in the Kingdom and the best place to find your new home.On this week’s show, we’re going to be speaking with Mr. In Sitha, Director of Business Development at VTrust Appraisal. Sitha has over 20 years experience in the real estate business in Cambodia and he now specializes in property development consultancy and real estate business development. He's also a renowned real estate teacher in real estate law and real estate practice. In this 6 Part series, we're going to get some tips for property developers and real estate businesses seeking to gain an edge when entering the Cambodian real estate market.PART 4: WHY PHNOM PENH BOREYS ARE PROVING SUCH A POPULAR MARKET FOR DEVELOPERS AND HOMEBUYERSRealestate.com.kh: We're seeing a real rise in new borey developments across Cambodia recently. Can you explain why property developers are particularly interested in the Phnom Penh Boreys market? Why build a Borey?In Sitha: Okay. This is a good question. In this industry right now are seeing two main types of major developments: Borey development and condo development.Realestate.com.kh: Sorry, I guess for the viewers, can you explain what a Borey is? - Because I know this word is  used a lot in Cambodia, but for people outside Cambodia, maybe they don't know what a Borey is.In Sitha: Essentially, a borey is a gated community of flat houses, twin villa houses and single villa houses, including public areas, gardens and full security services. Those who want to buy a borey home are looking for privacy, a safe place for their family to grow, areas where communities can develop, and a place where all modern amenities are assured. They are they prefered first home of newlywed Cambodian couples looking to start a new family.Most of the local developers choose to invest in Boreys. The reason is that developers themselves gain a lot of profit from investment in borey projects over relatively short investment periods. The customers themselves also buy into a good environment for family living. It is popular with Cambodian people who prefer landed buildings, or flat houses. In the Borey, it’s generally all some kind of a flat house, link house or villa home. It can be one story or two story maximum. They also generally have a common area and playground for children. Check out the Borey buyers guide!Realestate.com.kh: Like a neighborhood. Like a fenced neighborhood. In Sitha: Yeah, that's right.Realestate.com.kh: They have infrastructure, have water, have electricity.In Sitha: All included. Generally, for a home in the Borey, the market price increase yearly from 10-15%. This is a good investment to the buyer themselves. They can buy this year, and next year they can sell. If the market is good, it could be more than 15% appreciation. Compare the interest rate with the bank, it's much better than investing the bank. Realestate.com.kh: Because the Borey  buyer, they own the land right? They have freehold ownership of the land. In Sitha: Yes they own the plot of land that their home is situated on, hard title generally - but best to check!Realestate.com.kh: Now lots of local people move away from the city center to the Borey’s on the outskirts of town right?In Sitha: Yes, that's what you see. The Borey developments are long line investment development projects. Which means that the developer spends much more time on the investment, starting from the early master plans and filling the totally undeveloped land.Realestate.com.kh: Maybe fill the land.In Sitha: Yeah, up to the completion of the development projects. The marketing time also takes longer to promote and ultimately sell it. Borey means one community. And each household  shall pay the management fee. Management fees are reserved for the security, reserved for the public life, reserved for the street cleaning, pool and playground for children- garbage collection as well. Boreys offer great security to families.Realestate.com.kh: More of a community lifestyle too?In Sitha: Yeah, yeah.Check out the latest and greatest borey properties, on realestate.com.kh today!

Jum reap sour! And welcome to another weekly Real Estate News Report brought to you by Realestate.com.kh. The leader in real estate news in the Kingdom and the best place to find your new home.On this week’s show, we’re going to be speaking with Mr. In Sitha, Director of Business Development at VTrust Appraisal. Sitha has over 20 years experience in the real estate business in Cambodia and he now specializes in property development consultancy and real estate business development. He's also a renowned real estate teacher in real estate law and real estate practice. In this 6 Part series, we're going to get some tips for property developers and real estate businesses seeking to gain an edge when entering the Cambodian real estate market.PART 5: COMMON MISTAKES MADE BY PROPERTY DEVELOPERS IN THE CAMBODIAN MARKET, AND HOW TO AVOID    Realestate.com.kh: What are some of the most common mistakes that you see developers making when they first come to Cambodia?In Sitha: Well, the most common mistake that the property developer makes when entering the Cambodian market is moving too fast. Before starting any project a feasibility study is crucial. And they need to get recommendations from professional real estate agents.Realestate.com.kh: They're moving too fast?In Sitha: Before starting the investment, yes. That's why they could not identify the right location for the right project. Developing and selling are not separate. You need to consider your market before you even break ground. Which means that my recommendation, I would like them to use a professional real estate agent to teach the international developer about the local real estate market conditions. At VTrust Appraisal - we can do that. We are experienced and skilled in the real estate industry since 2004. We are the first to get developer and agent license from the Cambodian Security and Exchange Commission of Cambodia. Feasibility study is the most common service that developers request us to do before entering into this market.Realestate.com.kh: So many developers are coming in and doing everything too fast. They think the local market is the same as the Singapore market or Malaysia market and they're very surprised.In Sitha: Yeah, that’s true. First of all they need to do the market research. What is the best area for starting the project? The project is built based on the available investment capital. We would like to get the best return on that investment capital. Realestate.com.kh: The right property, the right price and the right market.In Sitha: That's right.CHECK OUT CAMBODIA'S SMARTEST NEW DEVELOPMENTS

​លោក លុន វុទ្ធី មាន​ដើម​កំណើត​ក្នុង​ខេត្តកំពត បាន​ចាប់​ផ្តើម​អាជីព​របស់​ខ្លួន​នៅ​ក្នុង​ទីក្រុង​ភ្នំពេញ ដោយ​ធ្វើការ​ជាមួយ​ក្រុមហ៊ុន​វៀតណាម​នាំ​ចូល​ទូ​កុងតឺន័រ​សម្រាប់​ដាក់​អីវ៉ាន់​ចូល​មក​ក្នុង​ប្រទេស​កម្ពុជា ក្នុង​បំណង​ដើម្បី​កែច្នៃ​វា​ឲ្យ​ទៅ​ជា​លំនៅឋាន​វិញ​ម្តង។ ​ខណៈ​ដែល​ម្ចាស់​ក្រុមហ៊ុន​ដែល​លោក​ធ្វើ​ការ​ជាមួយ​ដំបូង​ផ្តោត​លើ​ការ​លក់​ទូ​កុងតឺន័រ​សម្រាប់​ដឹក​ជញ្ជូន​របស់​របរ​ផ្សេងៗ​នោះ លោក វុទ្ធី បាន​ចំណាយ​ពេល​វេលា​ពីរ​បី​ឆ្នាំ​ដំបូង​របស់​លោក​ធ្វើ​ការ​ស្រាវជ្រាវ​តាម​រយៈ​ទូរស័ព្ទ​ដៃ​លើ​គម្រោង​កែច្នៃ​ការ​ប្រើ​កុងតឺន័រ​ប្រកប​ដោយ​ប្រសិទ្ធភាព​នៅ​ជុំវិញ​ពិភពលោក​។ ​នៅ​ពេល​ដែល​លោក​ឆែក​មើល​អគារ​ខុនដូ ហាង​កាហ្វេ ការិយាល័យ​សម្រាប់​ជួល និង​ស្ទូឌីយោ​ថត​សំឡេង​ក្នុង​តំបន់​ធំៗ​នៅ​ជុំវិញ​ពិភពលោក លោក វុទ្ធី បាន​ឃើញ​នូវ​ឱកាស​ដ៏​ពិសេស​មួយ​ដែល​លោក​អាច​យក​ទូរ​កុងតឺន័រ​ដែក​ទាំងអស់​នេះ​មក​ច្នៃ​ប្រឌិត​ក្នុង​មុខ​ជំនួញ​របស់​លោក​។ លោក​បាន​ថ្លែង​ថា ៖ «​ទូ​កុងតឺន័រ​មួយៗ​វា​ដូច​ជា​ផ្ទាំង​សំពត់​ដែល​ផ្នែក​ខាង​ក្នុង​ទទេ​ស្អាត​។ វា​ដូចជា​សម្បក​អគារ​អីចឹង​ដែរ ប៉ុន្តែ​យើង​អាច​តុបតែង និង​កែច្នៃ​ទាំង​ផ្នែក​ខាង​ក្នុង និង​ខាងក្រៅ​បាន​បាន​យ៉ាង ច្រើន​បែប​ផែន​រាប់​មិន​អស់​»​។ ​កាលពី​៣​ឆ្នាំមុន ម្ចាស់​ក្រុមហ៊ុន​ជនជាតិ​វៀតណាម​របស់លោក វុទ្ធី បាន​បិទ​ហាង​របស់ខ្លួន​ក្នុង​ទីក្រុង​ភ្នំពេញ ហើយ​បាន​ដក​ខ្លួន​ពី​ទីផ្សារ​កម្ពុជា ដែល​បាន​ហុច​ឱកាស​ឲ្យ​លោក វុទ្ធី អាច​ចាប់​ផ្តើម​មុខ​ជំនួញ​នេះ​ដោយ​ខ្លួន​ឯង​បាន​ដែល​លោក​បាន​ដាក់​ឈ្មោះ​អាជីវកម្ម​របស់​ខ្លួន​ថា Vuthy Container​។ ​ក្រុមហ៊ុន​របស់​លោក​បាន​ដំណើរ​ការ​ចាប់​ពី​នោះ​មក ហើយ​នា​ពេល​បច្ចុប្បន្ន សហគ្រិន​វ័យ ២៨​ឆ្នាំ​រូប​នេះ មាន​សមាជិក ១៥​នាក់ ខណៈ​ដែល​ក្រុមហ៊ុន​របស់​លោក​កំពុង​តែ​ត្រូវ​បាន​ពង្រីក​សេវាកម្ម​របស់​ខ្លួន ដើម្បី​រួម​បញ្ចូល​នូវ​ការ​ច្នៃ​ប្រឌិត​លើ​គម្រោង​អចលនទ្រព្យ​ដែល​ចង់​យក​ទូ​កុងតឺន័រ​ទៅ​សាងសង់​។ ​ក្រុមហ៊ុន​របស់​លោក វុទ្ធី មាន​ការ កុម្ម៉ង់​ទិញ​ទូ​កុងតឺន័រ​ពី​ប្រទេស​ចិន វៀតណាម ឬ​កូរ៉េ ក្នុង​តម្លៃ​ប្រហែល​ជា ១០០០​ ដុល្លារ ក្នុង​ ១ ​កុងតឺន័រ បន្ទាប់​មក​យក​ទៅ​ច្នៃ​សាងសង់​ជា​សំណង់​លំនៅឋាន ឬ​សំណង់​ពាណិជ្ជកម្ម​ផ្សេងៗ​។ ​បន្ទប់​ការិយាល័យ​ដ៏​ស័ក្តិសម​បំផុត​ដោយ​មាន​ក្រាល​កម្រាល​ព្រំ​ផ្ទាំង​កៅស៊ូ​ការពារ និង​ម៉ាស៊ីន​ត្រជាក់​ផង​ដែរ ត្រូវ​បាន​លក់​ក្នុង​តម្លៃ ៣ ០០០ ​ដុល្លារ​សម្រាប់​មួយ​ទូ​ដែល​មាន​ទំហំ​ផ្ទៃ​ក្រឡា​ប្រមាណ ៨​ម៉ែត្រ​ការ៉េ​។ ​ក្រុមហ៊ុន​របស់​លោក​ធ្លាប់​បាន​សាងសង់​សម្រាប់​គម្រោង​ក្រុមហ៊ុន​កសិករ ម្ចាស់​រោងចក្រ និង​អ្នក​ដែល​ត្រូវ​ការ​បន្ទប់​ការិយាល័យ​តូចៗ ដោយ​ជោគជ័យ​រួច​មក​ហើយ​។​ ​ស្ថានីយ​ទូរទស្សន៍​មួយ​ចំនួន​ក៏​បាន​ចុះ​កិច្ច​សន្យា​ទិញ​កុងតឺន័រ​របស់​លោក វុទ្ធី ធ្វើ​ជា​បន្ទប់​ស្ទូឌីយោ​ថត​សំឡេង​បិទ​ជិត​បាន​ផង​ដែរ​។ ​គម្រោង​ដ៏​ធំ និង​ពិសេស​មួយ​របស់​លោក​នៅ​ពេល​បច្ចុប្បន្ន​នេះ គឺ​បារ៍ K-Race ជា​ទូ​កុងតឺន័រ​ដែល​មាន​ទីតាំង​នៅ​ផ្លូវ​លេខ​៥៩ ខណ្ឌ​ដូនពេញ​។ K-Race គឺជា​បារ៍​ផង ជា​ភោជនីយដ្ឋាន​ផង និង​ជា​កន្លែង​ប្រគំ​តន្ត្រី​ផ្ទាល់ ដោយ​ត្រូវ​បាន​សាងសង់​ឡើង​ដោយ​ទូ​កុងតឺន័រ​ចំនួន​២០​ភ្ជាប់​គ្នា​។ ​សម្រាប់​គម្រោង​នេះ លោក វុទ្ធី បាន​ចាប់​ដៃគូ​សហការ​យ៉ាង​យក​ចិត្ត​ទុក​ដាក់​ជាមួយ​ស្ថាបត្យករ​មួយ​រូប ដើម្បី​បង្កើត​នូវ​សំណង់​មួយ​ដែល​ប្លែក​ទាក់​ភ្នែក តែ​ក៏​អាច​ប្រើការ​បាន​យ៉ាង​ល្អ​ផង​ដែរ​។ បារ៍ K-Race ដែល​ជា​មុខ​ជំនួញ​មួយ​កំពុង​តែ​ដំណើរការ​យ៉ាង​រលូន​នេះ មាន​អគារ​ជា​លក្ខណៈ​មុខ​ជំនួញ​ធំ ដែលមាន​បុគ្គលិក​បម្រើការ​ពាក់មួក​មួយ​រឹង​។ ផ្នែក​ខាងក្នុង​របស់ K-Race ត្រូវបាន​តុបតែង​ដោយ​របស់របរ​ចាស់ៗ​យកមក​ច្នៃ​ជាថ្មី​ដូចជា​បង្អួច​ធ្វើ​ពី​ដប និង​កន្លែង​អង្គុយ​ធ្វើ​ពី​ពពួក​ធុងសាំង​ធំៗ​ចំណុះ​៤០​ហ្គាឡុន​(Gallon)​ផង​ដែរ​។ ​គម្រោង​របស់​លោក​វុទ្ធី​ដែល​នឹង​ចាប់​ផ្តើម​ឆាប់ៗ​ខាង​មុខ​នេះ គឺ​ក្រុមហ៊ុន Vuthy Container នឹង​ចាប់​ដៃគូ​យ៉ាង​ជិត​ស្និ​ទិ​ជា​មួយគូ​ស្វាមីភរិយា​ជនជាតិ​អាល្លឺម៉ង់ និង​ម៉ាឡេស៊ី ដើម្បី​សាងសង់​ជា​សណ្ឋាគា​របៀប​បង់​ហ្គា​ឡូ នៅក្នុង​ខេត្ត​កំពត ដែល​នឹងមាន​ការ​តុបតែង​ដោយ​ប្រើ​របស់​របរ​ចាស់ៗ​មក​កែច្នៃ​ជាថ្មី​ផង​ដែរ​។ ​អ្នក​លក់​ភេសជ្ជៈ និង​អាហារ​ជនជាតិ​សិង្ហ​បុរី​ម្នាក់​នៅ​ក្នុង​ទីក្រុង​ភ្នំពេញ ក៏​កំពុង​តែ​ធ្វើ​ការ​ជាមួយ​លោក វុទ្ធី ដើម្បី​បើក​ហាង​កាហ្វេ​មួយ​ដែល​មាន​ទូ​កុងតឺន័រ​ចំនួន​៦​ទូ​។ ​ទន្ទឹមនឹង​នេះដែរ លោក វុទ្ធី បាន​ឃើញ​នូវ​ការ​រីក​លូតលាស់​មុខ​ជំនួញ​របស់​លោក ដែល​អាច​អនុញ្ញាត​ឲ្យ​លោក​ប្រឡូក​ចូល​ក្នុង​ទីផ្សារ​សំណង់​លំនៅឋាន​នៅ​ក្នុង​ប្រទេស​កម្ពុជា​ថែម​ទៀត​ផង​។ ​ជាមួយ​នឹង​តម្លៃ​ទាប​ជាង​៦​ពាន់​ដុល្លារ​ក្នុង​មួយ​ទូ​ដែល​មាន​ទំហំ​ប្រមាណ​៩​ម៉ែត្រ​ការ៉េ​នេះ គេ​អាច​យក​ទៅ​ច្នៃ​ធ្វើជា​បន្ទប់​គេង ដែល​មាន​គ្រែ​៣ មាន​បន្ទប់​ទឹក បន្ទប់​គេង កន្លែង​ទទួលភ្ញៀវ ឬ​ចង្ក្រាន​បាយ​ថែម​ទៀត​ផង​។ ភាព​ងាយ​ស្រួល​ក្នុង​ការ​ប្រើ​ទូ​កុងតឺន័រ​យក​ទៅ​សាងសង់​ជា​សំណង់​លំនៅឋាន​បែប​អា​ផាត​មិន​នេះ​ក៏​ផ្តល់​អំណោយ​ផល​ដល់​គម្រោង​ធ្វើ​លំនៅឋាន​ដែល​ពុំមាន​ដី​ធំ​គ្រប់គ្រាន់ ហើយក៏​មានតម្លៃ​សមរម្យ​ទៀតផង​។ ​ដោយមាន​ការតុបតែង​បន្ថែម​ដោយ​ប្រើ​វត្ថុ​ធាតុ​ដើម​ដូចជា​ស្នោរ​(Styrofoam) និង​សំឡី​ឡែន (Rock Wool) ព្រមទាំង​មាន​ប្រហោង​ខ្យល់ កង្ហារ និង​ម៉ាស៊ីនត្រជាក់ ទៅតាម​តម្រូវការ​របស់​អតិថិជន​នោះ លោក វុទ្ធី អាចបង្កើត​លំនៅឋាន​មួយ​ដែល​អាច​រស់​នៅបាន​យ៉ាង​ងាយស្រួល និង​មាន​តម្លៃ​សមស្រប​ទៀត​ផង​។ ​លោក វុទ្ធី ថ្លែងថា ទូ​កុងតឺន័រ​អាច​យក​ទៅ​ប្រឡូក​ចូល​ក្នុង​ទីផ្សារ​កម្ពុជា​បាន ពិសេស​គឺ​ក្នុង​ទីក្រុង​ភ្នំពេញ តែ​ម្តង​។ ​លោក វុទ្ធី ថ្លែង​ថា ៖ «​វា​មាន​តម្លៃ​សមរម្យ មិន​ខ្ទរ​សំឡេង និង​ធន់​នឹង​កម្តៅ​ទៀត​ផង​។ វា​មិន​ស៊ី​ទំហំ​ដី​ហើយ​ងាយ​ស្រួល​រក​ទិញ​បាន​គ្រប់​ពេល​»​។ ​លោក​បន្ត​ថា ៖ «​ដោយ​អាច​យក​កុងតឺន័រ​មក​ច្នៃ​ប្រឌិត និង​ប្រើ​សម្រាប់​គម្រោង​ផ្សេងៗ​បាន នោះ យើង​អាចជួយ​សម្រេច​គោលដៅ​អតិថិជន​បាន​យ៉ាង​ច្រើន​»៕​ Get in touch with Vuthy today: 089 / 098 / 068 822977

From 8:30AM on Saturday 12th March 2016, The Penthouse Residence proudly broke ground for their exciting new project onsite on Sothearos Boulevard. The ceremony was graced by the presence of most honorable guests, including H.E. Oknha Ly Hong and other key shareholders of the project.SEE THE FULL LISTINGAs expressed by Sunna Lee, Shareholder and Sales Coordinator for the Penthouse Residence, “For the first five weeks, we have already sold over 50% of our condominium. This is due to our unique location, design and the offering the best off-plan price for our customers.”Sunna continues, “This event marked our promised delivery to our valued clients because we want them to know that their investment starts from the moment that they signed their contract with us. Our projects started the groundbreaking/construction even before our showroom is finished. This illustrates how much progress we have made since the inception of The Penthouse Residence’s venture.” The Penthouse Residence are strategically located on Sothearos Boulevard and architecturally designed to meet the demand for luxurious condominium living within the contemporary city of Phnom Penh, Cambodia.With its bold and innovative architectural design, nothing has been spared in creating Cambodia’s first luxury condominium development. 36 floors of luxurious residences complemented by every amenity will result in nothing less than lavishing, from the spectacular panoramas of the city skyline to the attentive services of the concierge and dedicated management team.The Penthouse Residence comes with roof top terraces, infinity swimming pool, fitness center and the first and only world class revolving restaurant in Phnom Penh, giving you a 360 degree panoramic view of the city skyline while you drink and dine. Surrounded by conveniences of international standard, Penthouse is located next to premium residences and business centers such as the Sofitel Hotel, Aeon Shopping Center and ICAN British International School to name a just a few key venues. Learn more about this exciting project today on Realestate.com.kh: SEE THE FULL LISTING

Undertaking a robust development appraisal (feasibility study) can make or break a project. What Makes a Development Feasible? Understanding the inputs to a model and how these can be affected and manipulated is key. This is a full day RICS Training session. In the morning, participants will cover the key terminology, principles and inputs relevant to a Development Appraisal and in the afternoon, through case studies and a practical session, candidates will construct their own development appraisal model.This session focuses on Commercial, Retail and Industrial property. The session will be particularly useful for: Property Agents – seeking to better understand and market developments/land. Property Owners & Analysts – looking to sharpen their skills in development feasibility. Quantity Surveyors and Project Managers – looking to better interact with clients and developers. Property Valuers, Developers – seeking to construct a feasibility using best practice techniques. Banks & other financial teams – looking to manage risk better. By the end of the course, delegates should understand:  Underlying Principles & Terminology (DCF, NPV, IRR)  Key Property Development Performance Indicators  What makes a development feasible  Determining Land Values  Principles of Financing Modelling  Stages of a Development Appraisal  Development Preliminaries  Development Constraints  Case Studies  Building your own Development Appraisal Model About the Speaker: Tim Peisley, National Training Manager, Estate Master Tim has been working as a highly experienced training manager and technical writer for over 10 years with large commercial institutions. As a certified trainer and workplace assessor, Tim is responsible for training the Estate Master suite of products extensively in the Asia-Pacific region delivering content for all levels of property professionals. Having studied within the property industry, Tim works to bridge the gap between technology and the property industry across the Asia Pacific region. Tim is also the Estate Master Coordinator for the International University Partnership Program where Estate Master partners with universities around the world and assist them in educating their students on the principles of discounted cash flow, development feasibility and valuation. For registration, please email to Mr. Seyhak Bun at admin1@ibccambodia.com OR Ms Linda Kwok at LKwok@rics.org

Even though the sounds of construction ring across Phnom Penh, the Cambodian real estate market still needs development in terms of consistency and quality to encourage a higher rate of FDI in real estate.  Nevertheless, in the eyes of many investors, Cambodia is demonstrating the political stability and consistent economic growth necessary for confidence in new foreign investments. The director of Khmer Real Estate, Mr. Kim Heang, said that the real estate development in Cambodia is showing great potential as the Cambodian economic sector is rising by around 8 percent per year for the last 20 years. Cambodia in becoming an increasingly attractive place for investors because Cambodia today has better infrastructure, low labor prices, and 70 percent of people are under 35 years old. These factors are the most encouraging for investors, believes Heang.    ​He went on to say that the growth of the construction sector is demanding more responsibility and respect, as it is becoming a crucial industry for the nation’s growth and people's’ wealth. “Now Cambodian valuers and agents are also rising in their abilities and professionalism in order to prepare for the Asean economic community integration” he said. “Cambodia is one the leaders in economic growth within Asean, and we will step forward into the future as a strong market”.   General Director of Century 21 Mekong, Chrek Soknim, said that he is optimism about the growth of real estate in Cambodia. “This should continue to grow sustainably until 2018 because the sector faces no impediments.” He claimed that there are three factors currently supporting the growth of the real estate market sector. First of all, good political stability is important to attract more investors. Secondly, the Asean integration at the end of this year will mean more commerce and cultural exchanges between Asean states, naturally supporting demand for accommodation, investment properties and office space. Thirdly, the increase in quality and variety of available real estate will allow investors more choice when they buy real estate in Cambodia. And Forth, the royal government of Cambodia will soon be able to grant loans to its citizenry on long repayment terms of 20 years and higher, meaning more people will have credit to buy their own homes. When the majority of people are able to buy a house, then the construction and real estate sector can only grow.   “Even though new development projects face some obstacles in the coming years, if they choose the right location, and build to the right quality standards, these problems will be limited,” he added. He mentions that the economic growth rates of 7 to 7.5 percent are ideal for business growth, and will also support the real estate market development industry. Sear Chaylin, general director of CL Realty Estate, said that the property being sold has decreased a little bit in a last few months, but this is normal when the rainy season is coming. During this period, buyer transactions are usually slower. It will increase when Cambodia is ready to integrate with ASEAN at the end of this year. Many Japanese companies are now flowing into the Cambodian market, bringing new challenges and opportunities to the market. “I think that the real estate market and property sector will continue to develop because the needs of the people are rising, strong economic growth is occurring alongside relative political stability, and security in the market is better than ever,” Mr. Sear Chaylin said. “Even though we are seeing increases in construction, it will be suitably matched to the current economic growth and the needs of the people”. Senior National Economic Counselor, H.E Mey Kalyan said that “for instance, when we buy fish, vegetables, and rice today, then we can eat. But, if we buy a house and property, we cannot eat the benefits immediately. We have to keep it for a long time and it represents a big risk. If you don’t have enough money, you can borrow that money from the bank in order to invest, and hope that it will gain profit in the future. However, if the house is not sold or rented, people will not have money to pay back to the bank and, if this happens to too many people, the bank will collapse. When banks collapse the financial system and national economy is in great jeopardy.”       “Be careful if you are building for rent or sale, then you cannot rent or sell upon completion - this is a big problem. So, control your risks and always try to limit your chances of failure.” H.E Mey said. “The royal government of Cambodia can see this risk. Be careful, because any sector growing so fast has risks like this.” H.E Kalyan went on to say that the government should manage the flow of money in the right way in order to control this growth risk. But when you prevent the flow of money, the growth of the economy can suffer. Therefore, the management of money flow must play a balancing role into the future. H.E Mey Vann, General Director of Financial Industry of Ministry of Financial and Economy, said flows of money into the real estate market sector have come with few risks thus far, but the ministry is being proactive in working with investors in order to manage the data of development, demands, and specific support for preventing risk in this sector. “Data management and money flow management in this sector is very important for us if we want real estate development sustainability” H.E Mey Vann said. Realestate.com.kh is proud to support the CVEA's Property View publication. Click here to get your copy, or if you are interested to join the CVEA today.

Most people dream of living in a house near the clean, blue ocean, surrounded by mountain ranges, with only fresh, clean air to breathe. With this dream in mind, increasingly foreign investors are coming to Cambodia to build the first condos on the seaside.After Phnom Penh city, Sihanoukville is the latest destination to attract attention from international condo developers. Currently, there two Sihanoukville condo projects underway by Singaporean investment companies, namely Sunshine Bay and D’Seaview. The lush views of the seaside in Sihanoukville are attracting Khmers and foreigners alike for vacations and leisure, hence developers of resorts and apartments are coming too. The director of Khmer Real Estate and CVEA president, Kim Heang, is happy to see growing investment in Sihanoukville and said that although condo projects are coming too soon for market demand, eventually people will want to live there. At present, he said some people don’t know how to live in condos and there are only a few people buying or selling property there. He continued to say that whether the two projects currently under construction are successful or not, will depend on the ability of the companies to persuade customers to buy, to build to high quality standards, and their ability to allow customers to pay step by step. This is because some companies have announced they will sell buildings prior to construction - but Heang worries these companies will never build the buildings. They appear to be waiting for money from buyers in order to pay for construction costs. He said some investors who invest in Sihanoukville condos may be successful because they will be pioneers, and partnering with well known Singaporean companies. Kim Heang believes that currently, investing in Sihanoukville hotels and guesthouses is increasingly popular and successful and maybe a better option than condos. Sunshine Bay invested 100 million dollars to buy 10,800 square meters of land on the Sihanoukville coast. It will build 3 condo towers, totaling over 700 units. Construction should end by 2019. Two 25 story towers will be condos, and one 35 story tower will house a hotel. The D’seaview project of Camhomes company will have 735 units over two towers. The HLH Group has invested around 50 million dollars in the project. Construction will be completed at the same time as Sunshine Bay - in 2019 as well. Having opened a new office in Sihanoukville, director of Town City, Vorn Chanthorn, said condos are a new market concept for Sihanoukville people. Condos may be well-suited to some wealthy families who can afford a holiday home that they can use intermittently for vacations, or otherwise rent. He says selling condos is easy in Sihanoukville, but that success depends on the price per unit and the honour of the company developing. Investors often visit the coast for leisure, especially the Chinese, therefore it will naturally attract more investors in future. Director of Lucky Real Estate, Dit Channa, said the Sihanoukville condo market in Sihanoukville will be very good after people's lifestyles change to a point where living in condos is understood as good and acceptable. Condos are modern and comfortable and these new projects will bring great variety and modernity to the Sihanoukville market in the near future. He added that Sihanoukville condo projects will be successful - but it will take a long time to come to fruition. The vision of the government is to develop industry through 2015-2025, and Sihanoukville is set to be the hub of this industrial development. It has great potential as it has direct access to the nation’s largest shipping port and an international airport. In December 2015, the government announced that Koh Rong island will become a city and a special economic area of Sihanoukville for national and international tourists increasing every year. Sihanoukville airport now welcomes more and more flights from China, Korea and Siem Reap province. Realestate.com.kh is proud to support the CVEA's Property View publication. Click here to get your copy, or if you are interested to join the CVEA today.

The construction sector has become the most dynamic engine of growth, partly due to the return of political stability and a revival in consumption, according to a recent report by the World Bank. Economic growth here is still led by construction, garment exports and tourism, the World Bank said in its report “World Bank East Asia and Pacific Economic Update – Staying the Course.” Construction investment increased nearly 3 billion US Dollar in the first 11 months 2015 if compared with the same period last year, according to the data from the Ministry of Land Management, Urban Planning, and Construction.According to Im Chhunlim, senior minister of the Ministry of Land Management, Urban Planning, and Construction, said construction investment capital reached about 2.9 billion US Dollars in the first 11 months in 2015 if compared with the same period last year, increased 27 per cent. A group of local real estate expert said the construction sector helps invigorate the economy as well as GDP growth. Kim Heang, CEO of Khmer Real Estate and president of Cambodian Valuers and Estate Agents Association (CVEA), said the construction sector took the biggest part in Cambodia’s GDP because most wealthy people gain benefit from the land and construction. He warned, “We don’t have to concentrate only on the construction sector because the prices can increase or decline depending on the situation as there are many sectors we have to focus on such as tourism, agriculture, as well as garment.” “People’s income does not meet the current residential, and number of tenants saw an increase, so the government must take action to make middle income people to be able to afford housing,” he said. In order to become a developed country with strong GDP, we have to depend on human resource. It is a long-term investment and the education system has to be improved,” Mr. Heang said. Chrek Soknim, CEO of Century21 Mekong, stressed the vital role of the construction sector in the Cambodian economy. “The economy talks about money. Currently as we can see, construction sector in Cambodia injected a lot of money into the economy. That’s the reason the construction sector took a big part in the GDP growth,” Mr. Soknim said. However, he said, “even though the Cambodia property sector is younger if compared with other countries, the Kingdom gains advantages from the sector.” “With people’s stable income bank sector in Cambodia also plays a vital role in boosting the property sector, and cash flow can help the economy,” he added. “To make the construction sector consistency, the government has to take care of investors by issuing laws to projects both investors and buyers,” Mr. Soknim said. In Sitha, vice-president of World Trust Estate, said currently there have been many construction sites popping up in Phnom Penh, and this creates many jobs for people as well as experts in the sector: “It means workers and experts in the construction sector earn more income from the construction, and many constructions boost the GDP growth and according to the current data from the Ministry of Land Management, Urban Planning and Construction, the construction saw an increase, and this means it took a part in the GDP as well,” Mr. Sitha said. “Bank sector plays an important role in providing loan for people to have enough ability to afford home as many middle-income people use the loan to buy their own home,” he added. Return On Investment of condo investment in Cambodia is around 7.5 per year if compared to the same Asian markets, Cambodia’s investment provide more benefit as Thailand and Japan at 6.3 and 5.5 per cent respectively, China and Hong Kong are offering rent yields of only 2.7 and 3.3 per cent respectively, and Philippine at 7.1 per cent annually, according to a recent study of Century 21 Mekong. According to a report of real estate agency Century21 condominium development increased by 20 per cent annually from 2008 to 2014 with 13 projects successfully completed, which translates to 3,090 available units as of today. With another 17 projects currently underway, the report predicted that by 2018, when many of the current projects are slated for completion, the number will have more than tripled to over 10,000 available units across Phnom Penh. Cambodia’s per capita GDP is forecast to reach $1,220 this year, up from $1,123 last year, according to official data. This places the country near lower-middle income status. Its new forecast comes just a few weeks after the Asian Development Bank revised its March forecast for economic growth this year from 7.3 per cent to 7 percent. The construction sector has become the most dynamic engine of growth, partly due to the return of political stability and a revival in consumption; however, the tourism sector is underperforming, despite the initial recovery in tourist arrivals to Thailand. Tourist arrivals during the first six months grew by only 4.6 percent (reaching 2.3 million visitors), compared to 6.9 percent during the same period last year, the report from the World Bank said. Realestate.com.kh is proud to support the CVEA's Property View publication. Click here to get your copy, or if you are interested to join the CVEA today.

Realestate.com.kh spoke with talented freelance architect & accomplished artist Sothea Thang about innovative architectural design and how to add value to your property.Sothea Thang is a self-taught Cambodian artist born in 1983. He graduated from Norton University in Phnom Penh with a degree in architecture and urban planning, and he worked at an architectural agency from 2007 to 2010. In September 2009, Sothea took a leave from his architectural position and turned to painting for a break from his office job. This soon became his vocation when he developed “Happy Together”, his first collection of paintings. The series was commissioned by a Siem Reap hotel and was exhibited later that year, and its success pushed Sothea to explore his skills across visual media, even as he continued to work as a freelance architect. In 2011, he opened his own studio-gallery in Phnom Penh, Top Art Gallery.What made you decide to be an architect?Sothea Thang: As a child with a wild imagination, I always enjoyed all kinds of creative activities. When I finished high school, I looked around at the art scene in Cambodia. The scene was small and there were not many opportunities for local artists at that time. I thought about what I could do for my studies that was still connected with creative activities and thus decided to try architecture. I found I really enjoyed studying the subject at university and that led to my continued work in the field. What trends do you feel are important in architecture/design?Sothea Thang: I appreciate naturalistic aspects that emphasize space, functionality, and light. Green space is important too. Architecture is about merging elements in designing a structure, and I feel it's necessary to bring these things all together into the building as well. What is your design philosophy?Sothea Thang: Simplicity and strength through purity. Less is more. Practical yet beautiful. I like to bring about something that is unexpected; creating new forms within older structures and merging them together. This can be challenging but has often led to my most unexpected and novel successes.What key aspects are essential for innovative design?Sothea Thang: Space: the feeling when you walk in, that it's an open space with light, air and with green/natural elements. You feel like you can breathe. Also need to study and consider what's around the building. The result is needs to fit well. The materials inside and outside also need to fit with a vision and belong with those naturalistic elements informing the design.  Some businessmen today, they build without thinking about the space itself or about the surroundings, they just build and want to sell. But this omits any thought about the people living, working, or passing time in that space.What's happening in Cambodia in terms of "green" or sustainable design?Sothea Thang: In Cambodia, we don't really see this a lot right now. Past architects have paid more attention to the light, the air, the rain, but today we see buildings going up quickly with focus on maximizing profit. For example, they make housing developments, and they divide the land plots as much as they can to maximize the number of units available for sale. This minimizes space for greenery, it blocks out light and air, and it actually leads to increased energy and water costs. From one unit to another, the space is not enough. No attention to trees or nature, and not enough focus on the space within the units they build. How do you know if a building is well designed?Sothea Thang: There is more attention to the way the elements flow in and around the structure, better technical connections such as water pipes, drains, and electricity. I look at the details and the quality of the chosen materials. These signal the quality of the construction work. I also look at how the space is arranged to determine what kind of concept there was in the design. The finishing on the walls or the way a floor is polished, signal to me the intentions and the techniques behind the designs.Regarding renovation, what elements add the most value to a property?Sothea Thang: When I'm renovating an old building, it's important for me to determine the existing elements of the space. Then I try to retain key features of the building while merging my own contemporary additions into the structure. Often, the key step is opening up the blocked interiors of the property. I select higher quality materials, open up the space to more light and air, add green features, and maybe create some aesthetic flourishes. My clients have appreciated when the spaces are opened up to more light and air. This also requires thoughtful consideration of the overall floor plan and the way people actually walk through the rooms and use the space. Modernizing the appliances and updating the materials with higher-quality detailing are also key. This is the same for every part of the house: living room, kitchen, bedroom, bathroom, and terrace/garden. This interview has been edited for length and clarity purposes.

Welcome to Real Estate Investment Opportunities High Value Networking Event... Successful people agree that effective networking is crucial to growing your business. That is why we are organizing the very special and high value networking event to provide you with the Best real estate investment opportunities and discover many good ideas how the seasoned investors invest in the property market in Cambodia. We have 3 Successful Entrepreneurs sharing their valued experiences.You will meet new business contacts such as Season Real Estate Investors, Decision Makers, Property Owners, Real Estate Professionals, SME Owners and Executives from across industries, and the Best of it’s Fun sharing together. We will be served Cocktail and Drinks and you will get a chance to win great PRIZES. Bring an associate, lots of Business Cards and be ready to have a GREAT TIME!Date: Wednesday 30th March 2016. Time: 6:00- 8:30PM. Venue: At Skybar of Frangipani Boutique Hotel (Toul Tom Poung). Address: #15 Steet 123 Khan Chamkarmom, Toul Tom Poung (Near Russian Market), Phnom Penh. Your investment is only $15/person.Call: Ms.Vannak 095 666 298 to reserve your place now!

The first annual Real Estate Market & Outlook Conference 2016 (REMOC2016) will launch this April 1st at the Phnom Penh Hotel, 8:30am until 5:00pm, with a host of the local and regional industry leaders giving their outlooks on the state of the Cambodian real estate market.  Realestate.com.kh caught up with the speakers of REMOC2016 to get their 2 cents on the state of the current and future Cambodian property market prospects.Mr. Sim Hoy Chhoung, ceo, V Trust Appraisal Co. Ltd:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere?At REMOC2016 I will be speaking about property valuation industry and practice, and its importance in Cambodia. Of course, property valuation should be considered the heart of all the real estate activities and a key to developing our industry. This means that brokers and salespeople serving their clients should have a good understanding of valuation; the concepts, practices and methodology. A seller’s unrealistic asking price is a roadblock that an agent should avoid to save time and effort! Because banks take property as collateral to secure loans, weaknesses in valuation processes in the booming years could lead to a banking crisis later on, as we see from lessons learned from the Central Bank of Ireland study 2012.What were the most significant developments for the property market over the last year?Last year was the year of the condo and retail development. Thousands of units of condo launched and international grade shopping malls starting construction. These new developments still drive land market prices higher and higher until late last year.What makes you optimistic and what worries you about the Cambodian real estate market?Personally, I would not be worried about the real estate market for the year to come. The market will correct itself. In addition, compared to other countries, Cambodia still has a strict credit limit on mortgage loan and interest rates are high, and terms are shorter (below 70% credit availability while other countries are up to 80% or 90%). Let’s imagine what is going to happen if banks can increase the limit, lower interest rates or extend the terms... Or alternatively, if the government did some things to benefit the condo market such as taxes incentives… Steps like this could add more liquidity to the market and quickly boost it.What significant changes are you anticipating for the Cambodian real estate market over the next year?There will be a market correction in some subsectors and a switch of project development proposals toward the sub-sector’s that exhibit continuously high demand. The only thing that we all should know is that the market space is becoming narrower; so before committing to doing a development project, there needs to be a detailed market and feasibility study. And Vtrust is here to help in this regard. As I mentioned earlier, there are still room for policy makers to manipulate. So over the next year, the market can remain stable, one way or another.Thida Ann, senior associate director, CBRE Cambodia:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere? CBRE are really pleased to be involved in the conference and will have two speakers discussing the commercial office market and also Phnom Penh's Serviced Apartment Market. CBRE will aim to provide attendees with new insights and outlooks into these key sectors through our active market participation as the leading international property advisory firm in Cambodia.What were the most significant developments for the property market over the last year? 2015 marked another extremely active year in the Cambodian property market with all sectors seeing significant activity. To run through a few key trends; CBRE tracked land price appreciation at approximately 8.4% across central districts. New mid-rise office developments that came on stream through 2015 saw strong take up and grade B and C rents increased by 6.2% and 2.3% respectively. 7,014 condominium units were announced across 26 buildings in 2015 bringing total future supply due for completion by 2018 to 21,414 units. Chamkarmon saw the greatest number of project launches announced with a 37% share, secondary locations such as Sen Sok and Chroy Chang Va accounting for 15%. Occupancy in serviced apartments held strong at a healthy 90% with occupancy keeping pace with supply.James Padden, Commercial Agency Manager, CBRE Cambodia:What makes you optimistic and what worries you about the Cambodian real estate market?CBRE are optimistic about the office market. Exchange Square is due for completion in Q4 16 and has seen strong interest locally and regionally highlighting growing demand for grade A space in Phnom Penh. Increasingly we are seeing interest from companies in office space in secondary cities such as Sihanoukville, Battambang and Siem Reap highlighting that Cambodia is not all about Phnom Penh but these provincial cities are seeing strong economic growth in their own right.I think there is a need for caution regarding the residential market and we are yet to see strong domestic owner/occupier demand that is required for condominiums to really drive the market forwards. Existing investment is predominantly by overseas investors looking for capital growth. This market will be driven long term by Cambodian occupiers and this has been slowly changing but is yet to become a clear segment of demand.What significant changes are you anticipating for the Cambodian real estate market over the next year?We have seen the announcement of strata title office space for the first time in 2014 and this is a welcome trend with this asset being a popular investment in other markets such as Hong Kong and Bangkok. There will be further segmentation of the office market as Exchange Square adds to grade A office stock. High prices and limited availability of land in prime, central areas is likely to continue the trend for development in secondary locations such as Sen Sok and Chroy Changvar. I think we will also see continued development and investment activity in provincial cities such as Sihanoukville, Battambang and Siem Reap. Overall we expect 2016 to be a year of a lot of activity driven by Cambodia’s continued strong economic growth and further bolstered by the movement towards ASEAN integration as there is continued intra-ASEAN investment and regional expansion of businesses out of their home markets.Chrek Soknim, CEO, Century 21 Mekong: What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere?At the upcoming REMOC-2016 on 1 April, I’m going to talk about the most updated Phnom Penh's Condominium Market and Trends, with Most Insights into Primary Market, Supply, Demand, and Key Successful Factors for Developers.Condominium isn’t a nascent market anymore in Phnom Penh. It’s been here now eight years, yet there are many things for developers, buyers and key players to carefully learn to get into the market insights so that they can gear to the right paths for this real estate subsector. What were the most significant developments for the property market over the last year?I believe condominiums are one of the solutions to curb with heavy traffic, increasing land prices, convenience, and a quick pace of modernizing living standards among young white-collar generation. However, with an excessive influx of condominium launches last year, the market now becomes stiffly competitive while it also offers numerous choices for buyers.What makes you optimistic and what worries you about the Cambodian real estate market?When looking at the Kingdom’s market absorption rate at an average of 32.4 months, in recent months it’s started to slow down and this needs a careful analysis on local demand, affordability, and trends, instead of relying solely on foreign market comparisons when a new developer wants to enter into condo market.What significant changes are you anticipating for the Cambodian real estate market over the next year?The condo market will suit the young generation and fulfill to their lifestyle demands. This sector will grow very fast if financial support comes from financial institutions providing the easy conditions to afford to buy condos. It is also the open market for the foreigner, which will help to supplement this sector’s growth.Kuy Vat, chairman, CVEA; chairman and ceo, Century 21 Cambodia:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere?At REMOC-2016 to be held on the 1st of April, we’re going to talk about general views on real estate sector, addressing opportunities and challenges for this year and the years to come.Bolstered by a gradual growth of our economy, we’ve seen that the real estate market is growing bigger and bigger, as it is so to meet the rising demand for housing, office space, retail space as well as industrial amenities, just to name a  few.  With lots of improvements in this industry so far, the year 2016 sees many opportunities despite emergence of some challenges that might somewhat cool down the market heat, for example, the condominium market. So far we’ve heard that there’s some sentiment over the condominium market, for instance, that has come with too many, resulting in stiff competition for developers to sell off their projects. But to me, I’ve got a different point of view. First, this will create jobs for local agents who are asked to help developers sell off their units. Second, through numerous available suppliers, it offers an opportunity for foreign investors to come over to our country and enjoy the newly available infrastructure and amenities currently or to be soon in place. Mr. Kim Heang, president, CVEA; ceo, Khmer Real Estate:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere?At the upcoming REMOC2016, I’m going to talk about situation of real estate industry and address the challenges and suggestion for future improvements in this sector.Construction and real estate sector plays an important role as an economic driving engine by increasing its economic influences on the country’s economy, especially providing construction jobs to about 10,000 workers throughout Cambodia and spillover impacts on several other economic sectors. We appreciate our industry leaders as well as key players for their effort in bringing construction and real estate sector to this point.Nevertheless, without some changes, unity and strong cooperation among the players to further improve and perform best practices for the industry (for instance, valuation subsector), we can hardly develop this sector to become a key leading industry for our country’s economy. Therefore, we have to address opportunities and key challenges for all of us to solve and improve so that everyone in the industry benefits.Hoem Seiha, Director of Research, VTrust Appraisal Co., Ltd:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere?At REMOC-2016 to be held on 1 April, I’m going to present to the audience about the macro perspectives on real estate industry. Developers, policy makers and related key stakeholders need sound knowledge and in-depth insights into real estate sector at macro level so that they can together work to develop and, if any, curb with challenges in the sector.Construction and real estate sector has recently grown its importance to overall economy by contributing to creation of tens of thousands of jobs, pushing demand on mortgages to rise by 19 percent in 2014, and attracting US$ billions of real estate related FDIs that have spillover impacts on many other economic sectors.With my future outlook for this sector, even though real estate market has grown so quickly that it might pose potential risks and growth volatility, I foresee this sector will soon create a new economic engine alongside with the country’s key leading sectors such as garment, tourism and agriculture.Sorn Seap, ceo, Key Real Estate:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere?At REMOC-2016, I’m going to present about the most updated Phnom Penh’s land market, going in-depth into market prices, zoning and development trends in the future.Phnom Penh land prices continue to rise up by 10 to 20 percent a year. Nevertheless, the whole Phnom Penh has many areas that see different price growth rates depending on many factors, including zoning, planned infrastructure, and location special features.Over the last 10 years, I’ve seen that Phnom Penh has expanded quickly. Residents not only concentrate in central business zones but also spread out to form new clusters of housing in the outskirts – with some areas are now home to tens of thousands of residents. Other locations, furthermore, will also have the same experiences in the next few years.Sung Sina, Director, Bonna Asset Appraisal Department:What topic will you speak to at REMOC2016, and why is it a key consideration for the Cambodian Real Estate sphere? Industrial Estate Market, with Most Highlights on Supply, Demand, Market Performance, Zoning, and Future Trends, and Opportunities. Thirty Years after the genocide, Cambodia is just beginning to recover. The garment industryis the country‘s main industrial activity in Cambodia. The main topic will consider the heavy traffic jams developing on the outskirts of Phnom Penh (National Road Number 2, 3, 4, 51, 41, 6A, PPSEZ, Sihanouk SEZ, Bavet SEZ and Other SEZs). I will also consider how to reduce the pollution on the environment, the need for good infrastructure and ways in which we can bring the profit to the villagers in that area. What were the most significant developments for the property market over the last year?  Over the last year, I believe condominiums are one of the solutions to the rush traffic jam, increasing the land prices, convenience, and a quick pace of modernizing living standards among the young generation. However, with an excessive influx of condominium launches last year, the market now becomes stiffly competitive while it also offers numerous choices for buyers. On the other hand, the industrial estate market is located on National Road Number 2, 3, 4, 6 and National Road Number 51, with an excessive influx and new built of factories and warehouses for Chinese investor. What makes you optimistic and what worries you about the Cambodian real estate market? When looking at the Cambodian real estate market averages increasing 5 to 10 percent for 2014, 2015 and 2016. Since last month, it has started to slow down - and this needs careful analysis on local demand, affordability, and trends; instead of relying solely on foreigner market comparisons when a new developer wants to enter into the condominium market. On other hand, with the industrial market increasing year to year, the market now becomes stiffly competitive. Yet, it also offers numerous choices for the renter. What significant changes are you anticipating for the Cambodian real estate market over the next year? The condominium market is increasing the land prices, convenience, and a quick pace of modernizing living standards among the young generation to fulfill to their life style for living. This sector will grow very fast. But the banking and microfinance sector must provide the loans with easy condition so normal Khmer can afford to buy the condominium. It is also the open market, based on the Cambodian Regulation for the foreigner, that will help to push some part of the sector to grow. Don’t miss out on REMOC2016 - find out more details HERE.

BNG Legal Cambodia has released their latest version of the Guide to Doing Business in Cambodia which contains extensive information about Cambodian real estate law and property regulations.This extremely comprehensive Guide to Doing Business in Cambodia gives valuable information for investors and Cambodian-based business people on Banking and Finance, Corporate & Commercial Law, Dispute Resolution in Cambodia, Intellectual Property Laws, Labor Law, Mining Law and Regulations, Marriage and Family Law - and last, but certainly not least, a comprehensive overview of Cambodian law related to Land and Construction.In regards to Real Estate Law and Regulation, the BNG Legal Guide to Doing Business in Cambodia duly covers Legal Ownership of Land in Cambodia, Acquisition of Property in Cambodia, Potential Risks, Enforcement of Property Rights, Establishing Control over Land, Perpetual Leases, Land Concessions, Construction, Encumbrances on Immovable Property and Recently Issued Regulations and New Procedural Rules.This is a great guide for those trying to get their head around Cambodian Property Law.DOWNLOAD THE GUIDE TO DOING BUSINESS IN CAMBODIA EBOOK NOWBNG Legal Cambodia our a unique law firm in the Kingdom, able to offer a deep understanding of the local business environment while simultaneously supported by international professionalism and integrity. BNG Legal facilitate business, investment and trade between Cambodia, Myanmar and the rest of the world through innovative and cost-effective legal services. BNG Legal offer all range of real estate related legal services, including residential, commercial and industrial property transactions, Lease negotiation and agreement drafting, title search and due diligence, land registration and titling, agricultural land concessions, financing, mortgages and other securities, construction contracting, permitting, and financing, environmental compliance consulting, advice on Special Economic Zones and tax-optimization.Contact BNG Legal today at: cambodia@bnglegal.com / hhn@bnglegal.comDOWNLOAD THE GUIDE TO DOING BUSINESS IN CAMBODIA EBOOK NOWCheck out more articles, news and views related to real estate law - on realestate.com.kh today!

CBRE’s 2016 Global Investor Intentions Survey is the culmination of interviews with more than 1,250 major investors worldwide. The 2016 CBRE survey shows that investors are still strongly expansionary, reaching outside of their local markets, with 82% of respondents indicating that their external investment activities will be the same or greater compared to 2015.“The report highlights global investors’ clear appetite for expansion, with 82% of respondents indicating that their investment activity will be the same or greater compared to 2015. 37% of those surveyed stated capital appreciation as their principal requirement, combined with a renewed focus on core assets benefiting from consistent revenue streams," said Chris Hobden - Manager of Research, Consulting & Valuation at CBRE Cambodia.While there is currently limited existing stock of significant, income-bearing commercial assets being offered in the Phnom Penh market, we saw a clear rise in interest from international groups in exploring such opportunities in country over 2015. As the local market develops further, and a greater diversity of stock comes on stream, we feel that Cambodia will be well placed to draw attention from the 4% of major global investors noting ‘Emerging Asia’ as their primary focus for investment over the course of the year,” continues Hobden.Property returns are particularly appealing in low‑yield world according to the CBRE report: “The single most important motivation for investment in real estate is the expectation of capital gains: 37% of respondents state this is their main reason for investing in the sector (Figure 14). Americas based investors are more interested in this component of return than those of other regions. This said, 25% of global investors mention the steady income from rents and a further 15% say yield relative to debt or other asset classes as their top motive. EMEA-based investors have a relative preference for income and yield. Asset class diversification is most important for 11% of investors, but only 3% state that geographic diversification is important. As interest rates in some areas of the world head into negative territory and are set to remain lower for longer in others, we suggest returns will continue to attract capital even if there is only modest rental growth.”Check out a cool infographic on Retailer trends in Southeast Asia, also from CBRE

CBRE Research Southeast Asia has released the results of the 7th edition of the “How Active are Retailers report”. Within this report, statistics suggest that 26 percent of all global retailers surveyed identified Southeast Asian countries as primary target markets for 2016.CHECK OUT THE FULL INFOGRAPHICRetailers primary interests in the Southeast Asian region appear to focus on Mid-range Fashion and Luxury & Business retail sectors. [caption id="attachment_81434" align="alignleft" width="225"] Muyngim Lim, CBRE Cambodia[/caption] 48 percent of retailers particularly targeting the Southeast Asia economies come from Europe, ahead of the North America and Asia Pacific regions. "The fact that 26% of global retailers surveyed identified South East Asia as a target market for 2016 expansion is highly encouraging, with European mid to high-end fashion retailers showing particular interest. While Cambodia is yet to attract the level of interest enjoyed by more developed South East Asian markets, 2% having noted Cambodia as a target market for this year, with the arrival of new high-quality shopping malls, combined with growing domestic disposable income, we are optimistic that Phnom Penh will continue to benefit from new retailer entrants over the course of 2016,’’ said Muyngim Lim, Analyst at Research, Consulting & Valuation at CBRE Cambodia. In regards to potential effects on retail supply in Southeast Asia, according to the CBRE report, 65 percent of retailers have typical store size requirements of less than 500 sqm. It is not all smooth sailing though for retailers targeting Southeast Asian countries; Cautious sentiments prevail with the majority of surveyed retailers targeting to open less than 10 stores in any chosen Southeast Asia country. The top five major risks for retailers in Southeast Asia were UNCLEAR ECONOMIC PROSPECTS, COST ESCALATION, CURRENCY FLUCTUATIONS, LACK OF QUALITY RETAIL SPACE, LACK OF QUALITY RETAIL SPACE & CHANGES IN CONSUMER BEHAVIOR. Learn more about Phnom Penh Retail Space!CHECK OUT THE FULL INFOGRAPHIC