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Office Space and Retail Supply Review: 2015
Office Space and Retail Supply Review: 2015
June 6, 2022, 5:06 p.m.
Realestate News
Now that 2015 has come to an end, Realestate.com.kh would like to start 2016 with a recap of the Kingdom of Wonderย and its burgeoning real estate sector.ย  In particular - let's review the office spaceย and retail supply trends in Phnom Penh - 2015. Also, don't missย theย Real Estate Review: 2016Real Estate developers in Phnom Penh are seemingly boostingย Grade A and Grade B office spaceย to welcome theย AEC integration in 2016. The intention is to be ready for potential demandย from incoming investorsย as the integration takes affect in 2017-2019. According to Knight Frank's report,ย there will be a 64% increase in office space stock by 2018: 60% of this office space will be Grade A category, 40% will be Grade B.ย The majority of all office spaceย will be withinย Daun Penh and 7ย Makara. No wonder businessย is booming...The retailย sectorย is growing rapidly:ย New malls, such as Aeon - with Aeon 2 and Parkson on the way soon in 2016, are having a dramatic influence on Phnom Penh's retail sector. According to Knight Frank Cambodia's: โ€œCambodia Real Estate Highlights 1st Half 2015,โ€ total supply is building fastย 2011: 59,154sqm;ย 2012: 66,154sqm;ย 2013: 72,114sqm;ย 2014-15: 134,153sqm;ย 2016: 223,173sqm (est.);ย 2017: 297,591 sqm (est.). With the entrance of a host of new brands and extensions of existing franchises in the retail sector, the supply by district is evening out. The evening of the share of retail supply could be related to new and existing brands increasingly looking outside of the Phnom Penh city center, where their customers are increasingly choosing to live. Check out more great info-graphics, from Realestate.com.kh:ย Prime Development Land Price Growth Tops ASEANย and theย Real Estate Review: 2016
Featured Agent Profile: Kampot Real Estate
Featured Agent Profile: Kampot Real Estate
June 6, 2022, 5:05 p.m.
Realestate News
Realestate.com.kh would like to present another of our featured agencies - Kampot Real Estate.Are you considering investing in Kampot province? Need a professional property valuation from experts in the region? Looking for a holiday rental, investment land or a property to start a tourism venture? Do you need an investment plan focused on your needs, not on the agent's fee? Needย buyer and seller advocacy that doesn't leave you high and dry as soon as the agreement is made?Check out Kampot Real Estateย listings for rent and for sale on realestate.com.kh todayAt Kampot Real Estate, we aim to give our clients a specialized real estate experience, providing state-of-the-art professional services to vendors and buyers that create maximum benefit and personal satisfaction in a lifetime relationship. Our mission is to ensure that our clients have all necessary information to make a valid decision, and ensuring that all documents are in line with the local law. We will achieve this by:ย Making trust, quality and integrity hallmarks of the way we do business;ย Excelling and being consistent in everything we do; and - Being motivated and spreading our enthusiasm.Come and see us at our office at the old market in Kampot.ย We want to provide you with the service you deserve to make your investment with confidence!Check out Kampot Real Estateย listings for rent and for sale on realestate.com.kh today
How to attract tenants for your apartment for rent
How to attract tenants for your apartment for rent
June 6, 2022, 5:07 p.m.
Realestate News
Every landlord or property manager must ask this question, first and foremost:What are the special features of my apartmentย for rentย that are going to make potential tenants genuinely excited to move in?Find out what is attractive about your apartment property for renters - and then flaunt it, baby! With this in mind, Realestate.com.kh has gotten to the bottom of what tenants really want when considering a apartment for rentโ€ฆ Location of your apartment! Apartment tenants are more-driven by no other factor than a prime location. But of course, โ€œa great locationโ€ is always subjective. Different apartment renters are looking for different locations depending on where they work, where their kids go to school and what they like to do for fun in the weekends. Renters will pay a lot more money to live in their preferred location. Normally, people are looking for hubs within the city with amenities at hand. This means shopping, banking, F & B venues, schools and proximity to work stations. But, first and foremost, tenants considering your apartment for rent will look for transport options. If your apartment for rent isnโ€™t close to these other amenities naturally, you had better make sure your tenants can access appropriate transport, or, at the very least, have parking for their personal vehicle โ€œPeople think about where they need to live long before they consider how they would like to live.โ€ The unique features of your apartment for rent and any questions of cost only enter the tenantโ€™s equation after location is measured. Access to work places and schools is always going to be important because we spend as much time at these places as we do in our home. So, always make sure transport amenities are promoted to prospective clients considering your apartment for rent. And, if you are still searching for an investment apartment or condo to use as a rental property โ€“ pay more for a great location, because it is going to guarantee your rental returns for that apartment into the future. If you cheap out and buy anย apartment in a bad location, donโ€™t expect the rental process to be easyโ€ฆ. Lock in a great location, and your apartment for rent wonโ€™t sit empty for long. For agents, when a property seeker mentions they want to live in a certain area โ€“ this really means they must live in this location. Donโ€™t see it as a preference among many; it is the number one preference. If you want to help them and win the commission, forget about apartment properties away from their preference area โ€“ even if the prices are higher where they really want to live. Apartment renters will generally rethink their budget when the right location comes along. Number of bedrooms inside the apartment: If a rental tenant says they need 3 bedrooms, that is exactly what they need โ€“ and they will be very unlikely to accept less. ย So โ€“ if you donโ€™t have enough bedrooms for that prospect in your apartment for rent, donโ€™t bother inviting them to view the property. You are wasting your time! Possibly, they will accept an extra bedroom inside the apartment for rent, but not if it is costing them an arm and a leg. ย Some people do like to have a spare bedroom for guests or as a study/home office. This means always make it very clear how many bedrooms your apartment has available, and focus on making that feature attractive. When the tenantโ€™s visit your apartment for rent, make sure all rooms are set up for occupants, and donโ€™t try to advertise a room that is not fit to be a bedroom as a bedroom. This will frustrate prospective tenants who are only considering properties that truly fit their bedroom necessities. Extra Perks: Those in the market for a apartment for rent are generally quite busy people. They might be foreigners temporarily living here for work. They might be students living in the city for study. Or they might own a property in the provinces, but need anย apartment for rent close to their workplace so they can work in the city during the week. This means the tenant might appreciate features in your apartment for rent like the garden and swimming pool โ€“ but, remember, they donโ€™t want to maintain them! This makes anย apartment for rent with service inclusions very attractive. Tenants donโ€™t want to waste their time setting up the internet connection, or paying the electricity bill to the provider. The more services you can package into the rental price for your apartment for rent, the better. When the tenant pays just one fee every month and knows that the pool will be cleaned, the garden will be weeded, and the internet will be provided โ€“ this is a great bonus for prospective tenants looking at your apartment for rent. Cleaning services and exercise facilities might also be attractive to many busy tenants looking for anย apartment to rent. "If you are dealing with a busy demographic - think about how you can make their life easier!" Make you property more attractive to tenants by thinking about how you can make their day to day life easier. This will mean you property rents faster, and for a higher monthly rate. Here are some more handy tips for getting the most return on investment from your rental property!
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Mortgage Matters: How to pay back your loan faster in 2016
Mortgage Matters: How to pay back your loan faster in 2016
June 6, 2022, 5:05 p.m.
Realestate News
2016 has now arrived, and as the New Year comes you might be turning your attention to your long-ignored mortgage.ย  Although no one likes to think about their mortgage repayments, you need to analyze it regularly if you want to find ways to make your repayments more effective and move yourself closer to financial independence. Missed Mortgage Matters Part 1 or Part 2? Read them first!With that in mind, bring in the New Year with these 5 handy ideas from realestate.com.kh to speed up your loan repayments, and work towards a financially free future!1. Donโ€™t automatically decrease your repayments just because the interest rates falls: For many loaners, as soon as bank fees and interest rates decrease, and minimum repayments are lowered accordingly, this immediately means a happy camper - with more money in the pocket and less for the bank. However, this is short sighted. Instead of pocketing the cash, if you keep your repayments at the same level when the interest rates are falling - because this is a prime opportunity to reduce your principle with each payment and make faster progress satisfying your total loan in the longer-term. As opposed to seeing it as a time to relax your repayments โ€“ this year you should see it as an opportunity to get ahead of the bank and pay back your principle faster. 2. Test out an โ€œOffset Accountโ€: If it is possible for your loan, try using an offset account. A mortgage offset account is directly connected to your mortgage and the payable interest on your mortgage month to month will be calculated by deducting what funds exist in your offset account againstย your loan. To clarify, hereโ€™s an example: if your total mortgage is $200,000 and your offset account currently has $5,000 in it, you will only pay interest on the remaining $195,000. An offset account allows you to save interest while still allowing access to your savings if needed. For investors, offset accounts are also useful for the preservation of mortgage tax deductible benefits. 3. Refinance and get a better run for your money: Maybe you have worked out that your current mortgage is not suitable to your needs and financial circumstances now that 2016 has dawned. If this is the case, you need to change your loan quickly before it seriously hurts you. If you are not sure your current mortgage is right for you, it is best to consult a professional finance broker before it is too late. A well-attuned broker will negotiate with your lender about fees for additional repayments, refinancing, or any other necessary measures to help you save on your loan. A good broker should identify the perfect terms for you and then negotiate the best rates for that plan. Get in touch with Cambodiaโ€™s leading lenders today!4. Make smaller mortgage repayments, more regularly: If you make more payments, naturally these payments will be smaller. But more regular payments, even if they are smaller, will mean ultimately you can pay off your loan faster because you will lessen your interest repayments in the long term. If you currently repay your mortgage on a monthly basis, try changing to fortnightly loan repayments. Now, your monthly mortgage repayments might equal $2000 per month, for example. If you can instead pay $1000 every two weeks, by the end of 2016 you would have made significant savings on your interest costs, and will be a little bit closer to satisfying your overall loan repayment. 5. Take measures to pay back a little bit more each time: Remember, your โ€œminimum repaymentโ€ is exactly that: it is the least possible amount you need to repay each month. So, for most mortgages there in nothing stopping you from paying more than the minimum necessary payment. And it doesnโ€™t matter if you pay extra regularly, just when you can afford to now and again is still worthwhile.ย Even a little bit here and there can add up and eventually reduce your mortgage. When you receive bonuses, tax returns or other monetary gifts you should seriously consider putting this expendable income into your mortgage repayments before it disappears into thin air. Read more about home loansย on realestate.com.kh today. Missed Mortgage Matters Part 1 or Part 2? Read them first!
Phnom Penh: one of Asia's fastest developing cities
Phnom Penh: one of Asia's fastest developing cities
June 6, 2022, 5:05 p.m.
Realestate News
From marvelous shopping centers, skyscrapers and five-star hotels, extravagant buildings across Phnom Penh areย changing the capital into one of Asia's fastest developing cities.Inside Aeon Mall,ย Cambodia's first mega mall, shoppers and many curious residents herd to see theย latestย brands, snapping selfies before a giant Christmas tree. It is a typical scene acrossย Southeast Asia - yet, not long ago, this would be incomprehensible for some in Cambodia, where around 20 percent of people still survive on under $1.25 every day.ย Even though poverty still remains, a fast-growing elite and middle class are progressively searching for new, local ways to spend their money. Some Cambodians are happy to have such an extravagantย mall in the heart of Phnom Penh. It demonstrates the city is growing, and some families are cashing in on development land sales.ย The $200 million Japanese-built shopping center is only one of many new shopping complexes, hotels, township and condo projects springing up in Phnom Penh, as Cambodia rides a flood of high financial development rates in recent years. The capital, Phnom Penh, is second onlyย to Laos in Southeast Asia for the fastest rate of urban spatial extension, as indicated by the World Bank, and Cambodia's economy is expected to grow at 6.9 percent this year.ย All over the city extravagant skyscraper apartment suites are appearing, and lifestyles are changing to, bit by bit. As indicated by the government, Cambodia drew development investment worth $1.75 billion in the initial nine months of 2015, a 13.7 percent increase from a year prior. A number of the new participants into the kingdom's building business sector are developers from Japan, Singapore, China and South Korea, to name just a few. On the other hand, some are concerned where the development frenzy will leave a city once well-known as the 'Pearl of Asia'. In its French pioneer-prime, Phnom Penh was viewed as one of the loveliest urban cities in Southeast Asia because of its wide European-style roads, deliberately manicured gardens and beautiful stately homes.ย Only a couple of decades later, the humming city was lessened to a ghost town when Pol Pot's fierce Khmer Rouge armyย seized control of the capital and ordered its two million people to evacuate. The city has been returning to life since the radical communist was toppled in 1979. However, the surge of action and change to its scene has intensified in recent years. Silas Everett, of The Asia Foundation in Cambodia, fears the city's unique appeal is quickly vanishing with estates and stately structures from the colonial period being torn down to make space for lucrative new development ventures. "Phnom Penh's architectural legacy is world renowned... Yet the rate of pulverization of these structures of critical social legacy is disturbing,' said Everett, grieving specifically the loss of structures designed by Cambodian architect, Vann Molyvann. And keep in mind, while wealthy Cambodians are lining up for a chance to live in some of the city's most desired new addresses, the urban poor are increasingly relegated to the edges of the capital where many were evicted to make way for commercial developments.
Don't miss the Global Alumni Convention (GAC) 2016
Don't miss the Global Alumni Convention (GAC) 2016
June 6, 2022, 5:06 p.m.
Realestate News
Realestate.com.kh is proud to sponsor and support the Global Alumni Convention (GAC) 2016.The Global Alumni Convention (GAC) is organized by IDP Education to bring together graduates from Cambodia, Australia, the USA, Canada, the United Kingdom, New Zealand, France, Russia, Korea, Japan, China, Malaysia, Singapore and other countries and give them a forum to meet, share ideas and network with experts, decision makers and leaders from governments, the private sector, and civil society for education, trade and investment opportunities.AIMS OF THE CONVENTION: The convention is designed around the themes of reconnecting with learning, knowledge-sharing, and being inspired to fulfil education, professional, and business potential. Organizers anticipate attendance by more than 500 alumni, professionals, experts and leaders from the public and private sector. The objectives of the GAC 2016:To learn about the pathways and successes that alumni from these countries have achieved.To showcase world class education systems and opportunities.To gain insights into Cambodiaโ€™s position in the world.To enhance friendship and cooperation within Cambodia and internationally.Who will attend the convention? The Global Alumni Convention is a high-profile event with 500 anticipated attendees being: Graduates from around the globe.Leaders from Governments and Embassies.Directors, CEOs and Senior Executives from business and civil society.Professionals, specialists, and experts from diverse industries.Cambodians and non-Cambodians.When and where will the convention be held? On the evening of Friday 29 and all day on 30 January 2016 at InterContinental Phnom Penh, Cambodia. Convention Format: The format of the panel discussions will be four panellists plus a moderator with an interactive Q+A. The convention will be in two parts โ€“ the Business & Education Networking Reception on the evening of 29ย  Januaryย  2016ย  coupledย  withย  theย  Mainย  Conventionย  onย  30ย  Januaryย  2016ย  andย  concludingย  withย  the Conventionย  Cocktailย  Reception. Theย  Businessย  &ย  Educationย  Networkingย  Receptionย  willย  beย  aย  networking dinnerย  withย  leadersย  fromย  theย  government,ย  embassies,ย  theย  privateย  sectorย  andย  civilย  society. Theย  Main Conventionย  willย  consistย  ofย  aย  seriesย  ofย  moderatedย  panelย  discussionsย  withย  topicsย  beingย  onย  Cambodia-relatedย  issuesย  andย  willย  beย  givenย  byย  leading ย figuresย  fromย  theย  businessย  community,ย  theย  publicย  sector, relevant industry figures and alumni themselves. GAC ย VIPs: GAC 2016 will be honoured with a welcome address by HE Sun Chanthol, Senior Minister and Minister of Commerce on the evening of the 29th, and the official opening address by HE Dr Hang Chuon ย Naron, Minister of Education Youth and Sport in the morning of the 30th January, 2016. REGISTRATION FEES: Early Registration โ€“ 01 Oct โ€“ 30 Nov 2015 (US$ 70)Standard Registration โ€“ 01 โ€“ 30 Dec 2015 (US$ 80)Late Registration โ€“ 01 โ€“ 28 Jan 2016 (US$ 90)Walk-in Registration โ€“ 29 โ€“ 30 Jan 2016 (US$ 100)To register, please go to www.cambodiaGA.org ย ;ย For more information, please contact GAC Secretariat Office at gac@idp.com or 023 222 064.
Strata Title Transfer Process, Q & A
Strata Title Transfer Process, Q & A
June 6, 2022, 5:07 p.m.
Realestate News
Property Buyers & Sellers Advice
Cambodian laws towards land titles for foreign ownership have been largely untested amidst the current construction boom. After months of collaboration with the lawyers of Sok Siphana & Associates and National 6A Investment, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) has now started to transfer strata titles to purchasers of residential units - creating legally binding ownership. Realestate.com.khย spoke with Antoine Petit, executive director for National 6A Investment - the development company and property manager for the Galaxy Residence on Chroy Changvar - about the various pitfalls that all investors should be aware of when acquiring strata titles. Realestate.com.kh: What are the steps to creating a Strata title? Petit: At the very first stage, the developer acquires the land that the development will be on with a hard title in the name of the development company. This happened around four years ago for National 6A Investment. However, from this original master title you cannot directly transfer private unit ownerships to individual buyers. Before this, you must first transfer the total collection of split titles into the developerโ€™s name and ownership. In our case, these were 51 separate titles for 51 units, made from the original, single hard title. The land department of the ministry will also screen your common area regulations and practices at this stage. If the land department is satisfied that the co-owned areas will be correctly managed and insured, then the strata titles will be issued. Once these 51 titles have been created and transferred into the companyโ€™s ownership, we can proceed to transferring these individual titles to the individual buyers. Realestate.com.kh: What is involved in the transfer of the strata title from the development company to the end buyer and owner? Petit:ย The MLMUPC requires fully certified documentation of the identity and marital status of the end buyer and these documents must also be supplied and translated into Khmer. Importantly, the strata title is solely in Khmer, thus no English names are permitted on the strata title and all buyers need their name to be translated. Khmer buyers, foreign buyers and the development company all must satisfy slightly different process and documentation demands. During this stage, we chose to engage the services of Sok Siphana & Associates to review the certified documents and their translation, to liaise with the authority at the land department and to provide legal assistance to buyers along the process until the transfer tax payment. Realestate.com.kh: Does the buyer have to be in Cambodia to transfer the new strata title into their possession? Petit: Yes. The buyers must physically be present to affix their thumbprint on their certified documentation, but most importantly on Vente Definitive and on Application for Ownership Transfer, both of which are standard templates to be provided by the land department. This means international investors must come back to Cambodia to get the title transferred. Realestate.com.kh: What costs are accrued during the transfer process? Petit:ย There is a public service fee per strata title for the conversion of the master title. There is also a public service fee for each individual strata title to be issued in the buyerโ€™s name. Concerning the transfer tax, once the set of certified documentation is reviewed and accepted by the land department, the exact same documentation with other forms will be submitted to the General Department of Taxation. The tax officials will then issue an invoice with the amount of transfer tax to be paid after assessment of the property value based on their determined ranges and calculation method. After issuance of the evidence from the General Department of Taxation that the tax has been paid by the buyer, the land department will complete the title transfer. Realestate.com.kh: What if the buyer refuses the strata title transfer? Petit:ย In theory, this will bring problems when it comes to resale because the second buyer will have difficulties to do a thorough examination or to have certitude that there are no disputes, mortgages, judgments or unpaid taxes associated with the property sold. Pure investors are usually resistant to fulfill the physical paperwork and monetary demands to transfer the ownership in their name. Some developers in this case may accept to hold the title for them - but this can cause complications for buyers later. It is not really advised. On the other hand, such an arrangement also creates landlord liabilities for the developer holding the strata title. An effective way to mitigate this for the reassurance of the buyer is to enlist quality legal support, to ensure constant communication with the developer and to get education surrounding the process. Hiring a professional legal firm with experience in this has been crucial - because they can make this transfer process as smooth and predictable as possible. Learn more about Cambodian land titles, strata title transfers and foreign ownership regulation on Realestate.com.kh today!
CVEA tour Sihanoukville
CVEA tour Sihanoukville
June 6, 2022, 5:04 p.m.
Realestate News
On 26-27 December 2015, the Cambodian Valuers and Estate Agents Association (CVEA) traveled in convoy to Sihanoukville Province to study the real estate market of the region,ย seek opportunities and benefitsย for theย members of CVEA, and to build relationship and unity between the various CVEA members.ย The trip was attended by Kim Heang, President of CVEA, and Van Chanthorn, Vice President of CVEA along with members from over 13 different real estate agencies and companies.Visits included information sessions, tours and negotiations withย Sihanoukville Special Economy Zone (SSEZ), Chork Kampongsom Special Economy Zone and the development site of Dโ€™ Sea View Condominium, a project of HLH Group and Camhomes. The CVEA was given a chance to introduce themselves to company representatives from these developments and propose cooperative measures between the various projects and CVEA members. All projects showed great interest in partnering with the CVEA and its members, and working towards greater cooperation in 2016. The official tour schedule ended with a dinner party on Oโ€™Chhoeteal Beach with all members in attendance.ย The overall feeling was one of cooperation, unity and growing friendship, despite the competition that traditionally exists between many agencies. The CVEA is bringing industry leaders together and developing strong bonds that will bring mutual benefits to all members as the industry pushes forward and competition becomes more fierce in 2016. The Realestate.com.kh team were proud to attend the tour as CVEA members and partners of all Cambodian real estate agencies and agents, whether big or small, and look forward to future CVEA events and tours such as this!If you would like more information about the CVEA, or are seeking membership opportunities, or you are a developer who would like to invite the Association and its members to visit your project - please get in touch with the CVEA today.
Clean your Aircon with these easy tips
Clean your Aircon with these easy tips
June 6, 2022, 5:04 p.m.
Realestate News
Aircon units in your home or office need a service once a year if you want them to keep pumping cool air at full capacity! Now that winterโ€™s come around and you donโ€™t need the aircon on, itโ€™s the perfect time to give your unit a long needed check up! Stay cool and save cash on power bills with these simple maintenance checks, thanks to realestate.com.kh.ย Time for a new filter:If you have a central air system, make sure you change the filters every few months. If you have let it slide all year, nowโ€™s a prime time to do your chores and change it!And while youโ€™re at it, clean the vents!At least a few times a year, you need to dust your aircon vents to keep the airflow free and easy. If it still seems muffled after this, you should hire a professional aircon cleaning person to give your air ducts and vents a full thorough blowout.Make sure you arenโ€™t blocking the condensing unit:The air conditioner unit that sits outside and draws air into the system must be unrestricted and uncovered. It seems obvious, but sometimes people forget they left the mat lying on top. Make sure the induction vents a clean and clear, and you should be winning!Still seem Funky?If you unit still seems to be struggling, you might have an issue with your Freon Levels. Get a pro to check for a leak (especially if your aircon is an old model). While your at it, better get them to check the electrical controls and coils are in tip top shape too. They can also calibrate your thermostat if need be. Is wood or tile floors best for your home?? Find out here.
Online Marketing that PAYS, part 2
Online Marketing that PAYS, part 2
June 6, 2022, 5:05 p.m.
Realestate News
Most peopleโ€™s attention span lasts between 5 and 10 secondsโ€ฆ For those involved in marketing, and especially digital marketing, this means that you need to work extremely efficiently if you want to engage the right customers at the right place and the right time, and share with them a message that they will actually take on board. Don't forget to read part 1 first! Read it here.Because online marketing is our full time job here at Realestate.com.kh, we would like to share a few tips to get the most benefit from your various online marketing channels โ€“ and ultimately, sell and rent more property through the internet. ย Online marketing with your own Website: Your company website is home sweet home, no matter what business you are โ€“ but, remember, your website must reflect your underlying objectives if you want it to be successful.ย Don't forget to read part 1 first! Read it here. Of course, the layout and functionality will be totally different depending on the online marketing objectives. Your website might exist purely for branding purposes, in which case focus on the presentation. But if you intend to sell directly through your website as an ecommerce application, your design must focus on functionality and smoothly facilitating the sale, and after-sale support. Regardless of the intent of your website, it is crucial that it is easy to navigate, and the content is relevant and engaging to visitors. Want to learn how to use LinkedIn for real estate sales? Success metrics are always at hand to advise of the development of your website, whether it be considering generic goals such as overall revenue and conversions - or more specific analysis, for example building offsite referrals from social channels, or considering the best demographic targeting for your website. If you want a bigger audience to visit your website, the sole answer is content. Clear, engaging and consistent content is the only way to grow your website sustainably. Remember that longer term trends and analytics must be well-considered during any development of your website. A website is not like a short term marketing drive. Your website is here to stay for the life of your business. This means any changes you make should consider the present, but always look to the future. Why online marketing can help you test ideas quickly!Online marketing with your Email Database: Business people and individuals can receive hundreds of emails every week. Because of this flow of info, if your email online marketing is stale it will quite-simply fail because those emails will never see the light of day. Nearly all email database marketing has the same objectives: increasing click-through rates to your company websites; and reducing the number of contacts choosing to unsubscribe from your communications. Thus, to improve on returns from email online marketing, make sure you keep a clean and organized database โ€“ this will allow you to build trust with recipients and recognized email addresses. Increase your open rate with inviting email titles, and always test innovation. Throw in new elements such as video, interactive features and try to maintain a personal touch for your database members.ย Don't forget to read part 1 first! Read it here.Alternatively - Let us take care of your digital marketing and send you the sales inquiries. Realestate.com.kh can share itโ€™s huge online audience with you. If you are an agent or developer, there is no easier way to improve your online sales conversions. Find out more today.
Online Marketing that PAYS, part 1
Online Marketing that PAYS, part 1
June 6, 2022, 5:05 p.m.
Realestate News
Most peopleโ€™s attention span lasts between 5 and 10 secondsโ€ฆ For those involved in marketing, and especially digital marketing, this means that you need to work extremely efficiently if you want to engage the right customers at the right place and the right time, and share with them a message that they will actually take on board. Read part 1 already? Read part 2 here!Because online marketing is our full time job here at Realestate.com.kh, we would like to share a few tips to get the most benefit from your various online marketing channels โ€“ and ultimately, sell and rent more property through the internet.Online marketing with your Social Media Channels: No longer are the ultimate goals of social media likes, follows, and shares. Nowadays, social media marketing is a direct source of sales and represents great and highly affordable opportunities for marketers of all kinds. Of course, it is no secret that online companies like Facebook, Twitter, Pinterest and Instagram have developed their services to support company branding and sales. By simple testing, you can soon find our which social channels deliver you the best rate of conversions, click throughs and brand awareness. However, if you are situated in Cambodia, it is a safe bet that Facebook will come out number one - as the majority of the countryโ€™s 3.4 Million strong social media users taking first and foremost to Facebook. Surprisingly, some locals still understand Facebook and the Internet as a conjoined concept.ย Want to learn how to use LinkedIn for real estate sales?Online marketing with Search Engine Optimization (SEO): SEO is the least understood type of online marketing โ€“ but can be the most expensive and, for many online businesses, the most important. Basically, your company website is as useful as it is visited. If nobody can find your website, it is as useful as a 50 foot billboard behind a wall. SEO can be divided by on-page and offsite SEO. On-page relates to developing the navigation of your website so that all content is easily available to visitors. Offsite SEO is like casting a net โ€“ developing your offsite SEO will mean more people searching on leading search engines, such as google.com and its international network of sites, will find your site in their search results, and before they find your competitorsโ€ฆ Be patient when developing your SEO as results will not come overnight. Remember, once again, there is no avoiding the need for content. ย If you want a bigger audience to visit your website, and improve your websiteโ€™s organic SEO, content is key โ€“ now, more than ever. Clear, engaging and consistent content is the key to growing your SEO sustainably. New search algorithms demand that top ranking pages must provide the user with content that engages them, and is unique and well referenced. If your post is about buying real estate in Chamkarmon, for example, it needs to be genuinely useful to your readers if it is ever going to rank well in SEO. The days are over when you can simply load articles with keywords and expect search results. Further, your keyword selection is crucial for a successful SEO strategy. You must clearly target your strategy to bid for the search key words most likely to bring revenue to your business. Donโ€™t waste any time or money trying to win key words that will never convert. Also be wary about your competition. ย If you see that another website has dominated certain key words for a long time, your chances of beating them are much lower, and will require far more effort in regards to content creation. Look for the low hanging fruit first, and the key words that will convert.ย Why online marketing can help you test ideas quickly!Online marketing with Paid Ads: Whether you are considering implementing search, display, or social ads into your online marketing strategy, always pay attention to conversion tracking and testing first and foremost. Otherwise, you are swinging in the dark! By using conversion tracking for paid advertising initiatives, you can immediately gauge which ads and keywords bring revenue with the highest return on your investment. Test and optimize all elements of the campaign until your success metrics start to show growth. The same rule applies whether you are interested in branding or conversions. Keep in mind; you will incur additional creative costs during this process if you want to do it right. It is important that you ensure your content and other visual media is in line with your audience, marketing strategy, and company image. Enjoyed the post so far?? Read part 2 here!Alternatively - Let us take care of your digital marketing and send you the sales inquiries. Realestate.com.kh can share itโ€™s huge online audience with you. If you are an agent or developer, there is no easier way to improve your online sales conversions. Find out more today.
Real Estate Investment Tips
Real Estate Investment Tips
June 6, 2022, 5:05 p.m.
Realestate News
Is it true that you are considering a real estate investment? Would you like to purchase another residence or perhaps buy another to restore? In any case, this article will give you some good advice. This data can place you in the best position to succeed. You'll be all around arranged in using sound judgment with regards to putting into real estate investment. Ensure that you make a course of action for what you craving to finish. If you want to save your time then figure out the time needed for the process. Once you developed a plan, meet with the person in charge to talk about deal that you need to accomplish. There are times when its hard for you to decide on a certain deal or property, if that consumes too much effort and time, then it might not be the right deal. Proceed onward and ensure you don't pass up a great opportunity for the other extraordinary investment out there. Ensure you have a financial plan when you put resources into real estate that include the amount you must pay to repair the house you're purchasing. You would prefer not to blow your cash on getting real estate just to discover that you can't bear to repair it up. Your decisions range from purchasing and flipping, purchasing and renovate or purchasing and leasing. It is better to master one of the three decisions than do the two or three. After all, you will make profit over the long haul by purchasing and holding. Never buy a property if just simply want to add to the total property you own. Despite the fact that many people do this, most learn in the most difficult way possible that it isn't wise. When you concentrate on fewer real estate investment, you will have a better investment success rate. Additionally, this is to making sure your investments are great. Continuously have an plan for your investment. What is your objective? How are you going to accomplish that? Do you have any partner or you are by yourself? Do you have an approach to get it? It is really important to invest time making a plan so that you realize what you are going in. Prior to scouting homes, its better to check your funding. You should know where the finance will come from, otherwise you are just wasting your time. The good Investor always interested in the best properties. Proper education in real estate can get you lot of profit. Keep reading our articles to boost your knowledge about real estate investment.
Chinese Railway Expands to Thailand
Chinese Railway Expands to Thailand
June 6, 2022, 5:05 p.m.
Realestate News
Plans for a Chinese Railway network across ASEAN are beginning to solidify, with China pushing the long-stalled project into action in recent news and signing an agreement with the Laotian government, and now, Thailand. If this Chinese railway ultimately extends to Phnom Penh, the real estate market should certainly see benefits. This is not a new story, however.Thailand and China announced the beginning of aย cooperation agreement this weekย to develop Thailand's first standard-gauge double-track railway line, aย 845-kilometer line that will link Bangkok with the northeastern city of Nong Khai near the border of Laos. Construction is slated to begin in May 2016. This latest announcement comes after China and Laos reached agreement last month to build a 40-billion yuan ($6.28 billion), 418-kilometer railway from Kunming, the capital of southwestern Chinaโ€™s Yunnan province, to Vientiane, Laos capital, according to the official China Economic Herald report that followed a signing ceremony. The ceremony was attended by the National Development and Reform Commission, China Railway Corporation, and Export-Import Bank of China. According to Chinese media, China will cover 70 percent of the necessary investment for the new Chinese railway line, while Laos will be responsible for the remainder. Once in operation, the Chinese railway will be Laosโ€™ longest and fastest yet, with an average speed of 160 kilometers per hour and 60 percent of the line being bridges and tunnels. The next step for Chinaโ€™s Silk Road railway is yet to be seen, and the world waits to see whether a full-scale ASEAN Railway will become a reality.
Prince Central Plaza : Doraemon Recognises The Future In Phnom Penh kh version
Prince Central Plaza : Doraemon Recognises The Future In Phnom Penh kh version
June 6, 2022, 5:06 p.m.
Realestate News
Flanked by life-sized statues of Japanese cartoon character Doraemon, and the infamous one-eyed yellow minions made popular by the animated American movie Despicable Me, Chinaโ€™s Prince Real Estate was far from alone at the official launch of their showroom (opposite the National Assembly), and the opening ceremony of its latest development Prince Central Plaza, a HOPSCAโ€”Hotel, Offices, Parks, Shopping Mall, Convention Centre, and Apartmentsโ€”last Tuesday. Want to learn more about Prince Central Plaza? Here is the full listing, on Realestate.com.kh. While the launch aimed to spice up the humdrum of a typical property launch, Pol Lyta, a property consultant for Prince Central Plaza, explained the deeper meaning behind the unusual marketing strategy, saying, โ€œDoraemon is a robot cat that comes from the future [22nd century], and can go back into the past, and he is also able to fly all over the world.โ€ With the ability Doraemon possesses, it seems to refer to Prince Central Plazaโ€™s outlook on the future of Phnom Penh in making the development the integrated business and lifestyle nucleus of the Kingdom, while retaining an avant-garde take on traditional Khmer architectural design. As countless Doraemons had flown in to Phnom Penh to station themselves at the opening ceremony, Despicable Meโ€™s yellow minions had also come along for the ride, possibly to inject some humour and entertainment to a typical lacklustre affair. Being an entertainment-centralised hub, Lyta elaborated that โ€œthe minions from Despicable Me represent the fun and entertaining side of what Prince Central Plazaโ€™s various amenities and facilities can offer.โ€ย Want to learn more about Prince Central Plaza? Here is the full listing, on Realestate.com.kh. To emphasise its point, guests at the launch were also given freebies in the form of the one-eyed yellow minion soft toy plushies. However random it may seem, such cute and fun twists are not uncommon here. In 2012, an Angry Birds Foreign Language School had sprung up in Banteay Meanchey province, riding on the wings of the insane global phenomenon that the Angry Birds game had prompted. Nonetheless, the opening ceremony of Prince Central Plaza was not all fun and games. Having sold an approximate 200 out of its 1,786 residential units just at the launch itself, it has also sold an estimated 40 per cent of its homes thus far. Prices range from an average of $58,000 for a one-bedroom apartment, to $100,000 for a two-bedroom apartment. Almost all of its snazzy penthouses, which cost from $250,000 to $600,000, have been snapped up as of the launch day. As with the case of the Angry Birds school, whose owner was nonchalant in using the fowlsโ€™ infamousness without consulting their copyright holders, it is unclear whether these future robot cats and one-eyed yellow minions were lawfully licensed as mascots for Prince Central Plazaโ€™s opening ceremony. What is definitely clear, however, is the completion of the impressive Prince Central Plaza slated for May 2018, located at the pulse of Phnom Penhโ€™s heart south of Norodom Boulevard, wherein its residents may just be lavishly greeted with another surprise appearance by the unofficial mascots. Hanamariya Halim, Phnom Penh Post, Post Property.ย Want to learn more about Prince Central Plaza? Here is the full listing, on Realestate.com.kh.
The Bay To Begin Construction In First Quarter Of 2016
The Bay To Begin Construction In First Quarter Of 2016
June 6, 2022, 5:05 p.m.
Realestate News
After a tumultuous year in Cambodia for Singapore-based TEHO International, the developers of the $500 million The Bay condominium project on Chroy Changvar peninsula said construction will begin early next year with a new marketing strategy after another managerial shakeup.ย Want to inquire aboutย a unit in the Bay? Check out the full listing today, on realestate.com.kh.ย  Announced on the Singapore Stock Exchange earlier this week, ECG (Cambodia) was bought out and formalized into the parent company ECG Propertyโ€”a wholly owned subsidiary of TEHO International that handles all marketing and promotional activities. Previously operated by the joint ventureโ€™s partner, Sok Bun, ECG Cambodia was purchased to a tune of $71,776, or what amounted to 45 per cent of the initial paid-up share capital. Currently, the unaudited net assets for ECG Cambodia as of July 2015 amounted to $169,836, the statement read. While ECG Cambodia will still perform its duties as the acting real estate agency for The Bay, all marketing and promotional activities will be conducted at the head office back in Singapore. Phua Cheng Boon, Financial Controller for TEHO International, said, โ€œit is good to have full integration of our projects.โ€ โ€œWe will have somebody based in Singapore who will be able to run operations regionally as well,โ€ he said.ย Want to inquire aboutย a unit in the Bay? Check out the full listing today, on realestate.com.kh.ย  It was previously reported by The Post that 100 condominium units had been sold since the soft launch in September. However, Phua declined to provide current figures. โ€œWhile we canโ€™t disclose the level of sales, we are confident to say that construction will begin in the first quarter of 2016,โ€ he said. With a new marketing strategy, he added, the development โ€œwill not be about big exposure.โ€ TEHO International, which formally launched the project in February of this year, had spent $1.1 million on advertising and promotional activities, as well as around $600,000 in legal and professional expenses to promote the development, an annual filing in August stated. While Sok Bun, who resigned from his position as director of the board, currently awaits trial for the beating of a former TV star, his shoes has since been filled by Yim Chhay Line, the daughter of Deputy Prime Minister Yim Chhay Ly. โ€œShe is a good asset to the group and I am confident that all the necessary requirements for construction have been achieved,โ€ said Phua. Kim Heang, CEO of Khmer Real Estate, said that a marketing shift to overseas investors is the โ€œsmartestโ€ market strategy for The Bay, as it faces more competition and is also behind schedule. When asked if The Bay would miss out on the local segment, Heang explained that it is too small, โ€œso why [do] they need to waste time and money [on] the local segment?โ€ With a few soft approaches to buyers in Japan, Hong Kong and Taiwan recently, Phua said sales โ€œhave picked up.โ€ โ€œWe are doing this gradually because The Bay is a rather large project. We are going to all these different countries to do soft launches to get sufficient buying. We want to position [ourselves] as [a] more exclusive development,โ€ he said. Want to inquire aboutย a unit in the Bay? Check out the full listing today, on realestate.com.kh.ย  Kali Kotoski, Phnom Penh Post, Post Property.