VTrust Express Co., Ltd., a real estate appraisal company in Cambodia, recently signed a memorandum of understanding with the Credit Bureau Cambodia (CBC) to integrate digital real estate appraisal services.The joint venture between the two companies will create a real estate appraisal service called Indication Plus. Indication Plus will allow clients or partners with real estate appraisal needs to find and request access to CBC's credit history management platform.According to Mr. Vong Sokhal, Chairman of the Board of Directors of VTrust Express, Indication Plus is a modern and accurate real estate appraisal service that can analyze and issue preliminary real estate appraisal reports fully and automatically. This digital appraisal service is formulated by Real estate professionals using international real estate appraisal standards. Indication Plus This allows users to use it wherever they are.Oeur Sothearoth, CEO of CBC, pointed out that about 50% of the loans given to borrowers in the market are secured by the property being applied for, so, finding out the value of the property is very important in assessing the credit. He also strongly believes that the cooperation between the two companies will bring high efficiency to the financial sector.

(Phnom Penh): What customers have been waiting for a long time has arrived, Tulip Shop House is launching a new block from today with more profitable payments, just pay starting from 1% Of house price with no interest and no deposit required.This type of shophouse is located right next to the main gate of the project itself, along 105K road, with house size (4.5m x 18m) and land size (4.5m x 22m) and up to 3 floors and is the best location for Customers doing other business.Please also note that the Orkidē The Pochentong project is not only has a shophouse but also has a single villa (Marigold) and twin villas (Sunflower), which are all modern homes for modern people. Especially, customers can choose the monthly payment option starting from 1% of the house price with no deposit and no interest and can get up to 10% discount.Please be hurry up, this rare offer has a limited time! Please visit our Sale Gallery of Orkidē The Pochentong Project, which is located along 105K Road near Wat Tangkasang (on the railway line in front of Pochentong Airport), Sangkat Phnom Penh Thmey, Khan Sen Sok, Phnom Penh, or contact by phone: 098 733 333.

ARE YOU READY? The Online Flash Sale is fast approaching which means you can purchase your dream home or next investment at a much better deal!How to get your discount:Register for the Online Flash Sale now!Visit the event website on June 3 to 6Select the discounted propertySecure your discount with a refundable $200 reservation feeThe fully refundable $200 reservation fee is also deductible from the final sale price.Don't miss this chance to get a discount on your dream home next week - only during the Online Flash Sale!Participating developments in the Online Flash SaleStardream Lake Tourism TownDiscount: To be revealed on June 3 to 6Location: Botum Sakor, Koh KongDeveloper: Coastal City Development Group Co. Ltd.,The development of Stardream Lake Tourism Town covers an area of 248 hectares of land which is planned to include an ecological park and two lakes in the future. The project will be built after the completion of its green spaces, natural ecology, and pristine beaches to lay the foundations of an entrepreneurial community and leisure tourism.Angkor Grace Residence & Wellness ResortDiscount: To be revealed on June 3 to 6Location: Svay Dankum, Siem ReapDeveloper: Angkor Hearta Development., Co Ltd,Despite only being a few minutes away from the busy center of Siem Reap, Angkor Grace Residence & Wellness Resort still affords residents the luxury of verdant landscapes rarely found in modern large-scale properties. The entire project measures 22,670 sqm largely composed of pristine greenery, the influence of which is seen in the residential units.Vue AstonDiscount: To be revealed on June 3 to 6Location: Nirouth, Chbar AmpovDeveloper: The Peninsula Capital Co., LtdVue Aston is a newly launched condominium development in 2020. The development is located along the riverside in Norea Island which is a new residential development area. The development of a new bridge is scheduled to take place in the area and will serve as new access to Downtown Phnom Penh. This accessibility of this development is expected to attract greater traffic flow and land-rise which will drive the area to be the next potential development zone.Le Condé BKK1Discount: To be revealed on June 3 to 6Location: St. 352, BKK 1Developer: Wang Fu Guo Ji Property Development Co., LtdThe development is located in a prime location which provides significant advantages as a residential, commercial, and business hub with multinational enterprises, schools, international organizations, and luxurious restaurants. And with the inspiration of the scenic rural fields of Southeast Asia and the greatest Cambodian architectural pioneer, Van Molyvann, LE CONDÉ BKK1 is designed to be the mild luxury and life of wisdom and a balance between pursuit and humility.The Peninsula Private ResidencesDiscount: To be revealed on June 3 to 6Location: Chroy ChangvarDeveloper: CC Peninsula Co., Ltd.The Peninsula Private Residences is the finest residential development and home investment asset in Cambodia. The new development offers high investment opportunities, privacy, security, comfort, and a luxury lifestyle. This 25-storey condominium is situated in Chroy Changva District, a new residential development zone to the East of downtown Phnom Penh crossing the Mekong River.Ratana Plaza Top ApartmentDiscount: To be revealed on June 3 to 6Location: Tuek Thla, Sen SokDeveloper: Real Livest Ones (Cambodia) Co., LtdRatana Plaza Top Apartment is located in Ratana Plaza, a popular place where gather in Phnom Penh, close to the main road, North Bridge Road (Phnom Penh Second Ring Road). The project was developed as a high-quality small residence with offerings of unit spaces ranging from 26-45 square meters. The Ratana Plaza is a hot-rental property in Cambodia, suitable for low threshold investment, and is the best choice for any local and international investment.Morgan Park VillaDiscount: To be revealed on June 3 to 6Location: Bak Kaeng, Chroy ChangvarDeveloper: Morgan Jovan (Cambodia) Real Estate Development Co., Ltd.Morgan Park Villa is the first high-end villa community with separated footways and motorways in Phnom Penh. It adheres to the internationally recognized LOHAS green and eco-friendly living philosophy and features an incomparably rare eco-friendly garden-style environment with non-replicable investment potential. Its supreme living quality can meet the needs of elites and international investors in Phnom Penh. MORGAN PARK VILLA the new benchmark and game-changer of living in Phnom Penh!Morgan EnMaisonDiscount: To be revealed on June 3 to 6Location: Tonle Mekong, Chroy ChangvarDeveloper: Cam-Jiachuang Real Estate Co., Ltd.Morgan EnMaison, located along the Mekong River Road in Phnom Penh’s Chroy Changvar district, is set to be a riverfront landmark by the Morganford Investment (Cambodia) Co., Ltd. there will even be a private helipad on the 220-metre high rooftop. What’s more, the multi-level luxury sky club will give a unique appeal to the skyline. The development also boasts a private yacht marina.City GemDiscount: To be revealed on June 3 to 6Location: Phnom Penh Thmey, Sen SokDeveloper: Thumbs Up International Co., LtdCITY GEM is an affordable housing development project that targets local buyers. This condominium is designed and built to meet international standards and suit residents who seek a moderate living lifestyle. This is a project which is developed by Thumbs Up International Co., Ltd and Outstanding International Co., Ltd. CITY GEM Condominium is located in the Sen Sok district, Phnom Penh which is a new real estate development location comprised of residential and commercial development.R&F CityDiscount: To be revealed on June 3 to 6Location: Hun Sen Boulevard, MeancheyDeveloper: R&F GroupR&F CITY is located on the ‘Golden Central Axis’ of the city - Hun Sen Blvd in Phnom Penh. It is only 10 kilometres away from the airport. It is bordered by the embassy zone to the north and the developing ING City in the south. The project is adjacent to the Monivong Blvd, one of the few historic and bustling main roads in Phnom Penh, which brings together many specialties of the Kingdom, and it is in a lively neighbourhood surrounded by quite a few international businesses, such as a classy football club, duty-free shops, 4S automobile shops, and others. Within a 10-minute drive, you can reach the PH Mall, and Aeon 3 will offer you the latest in fashion and leisure.R&F City MIRODiscount: To be revealed on June 3 to 6Location: Hun Sen Boulevard, MeancheyDeveloper: R&F GroupR&F City MIRO is a newly launched residential development in Mean Chey District, a secondary location to the south of central Phnom Penh. The vicinity area is being developed to be a new educational, high-rise residential, and commercial zone with a new number of flagship high-rise buildings and infrastructure developments including the Samdech Hun Sen Boulevard. Preah Monivong Boulevard, one of the main commercial and embassy thoroughfare running north-south of the city is located close to the development.Borey Icon KampotDiscount: To be revealed on June 3 to 6Location: Tuek Chhou, KampotDeveloper: HL Nakara Development Co., LtdBorey ICON Kampot is a new residential project opening in the serene province of Kampot. Developed by HL Nakara Development Co., Ltd., Borey ICON Kampot endeavours to be the first residential project with a tourist-focused commercial center in the city. Both its residential and commercial components are topped with a 23.9m high Buddha monument, making it the premier contender for Kampot’s most iconic developments in the next few years.Borey NADIDiscount: To be revealed on June 3 to 6Location: Preaek Lieb, Chroy ChangvarDeveloper: GC City CambodiaBorey NADI is a new luxury community development marrying luxury modern living with natural beauty set in the up-and-coming district of Chroy Changvar. This 34-hectare residential development features a wide range of premium homes built with a unique aesthetic set within a tranquil verdant landscape surrounded by untouched greeneries complemented by amenities not found anywhere else in Phnom Penh!WorldBridge Sport VillageDiscount: To be revealed on June 3 to 6Location: Bak Kaeng, Chroy ChangvarDeveloper: WB Sport Village Co., LtdWorldBridge Sport Village is a mixed-use development in the fast-growing area of Chroy Changvar, just 20 minutes away from the Central Business District of Phnom Penh. It will be the first-ever sports village that offers you a one-of-a-kind opportunity to experience both work and play in a distinctively healthy atmosphere of an international-level sports village.Golden Tower 322Discount: To be revealed on June 3 to 6Location: St. 322, BKK 1Developer: Chhun Sambath Development Co., Ltd.Golden Tower 322 is an innovative commercial and residential complex that is located in the prime location of BKK1, the heart of Phnom Penh city. Golden Tower 322 is situated at the leading location of BKK1, where it is as prime as TST and is in connection to Monivong Boulevard, similar to Nathan Road of Hong Kong. Golden Tower 322 is a 42-storey building with extraordinary status, giving it a long-lasting value.All discounts for these exciting new developments will be revealed starting June 3 to 6. Register now!

Le Condé BKK1 pleasantly would like to introduce a new product “BKK AVENUE” that potentially will elevate your lifestyle to an unprecedented living experience. It is going to be the first freehold retail space in BKK1- the jewel location of the capital.The Grand Opening of BKK AVENUE is going to be held on 29th May 2021 from 2 pm, at Le Condé BKK1 Sales Gallery.Sitting adjacent to Phnom Penh’s metropolitan district, Le Condé BKK1 brings BKK AVENUE to the market that is aimed to be the new extravagant icon in the central of BKK1 district for integrated retail space for F&B, fashion stops lifestyle products and other most recognizable brands.BKK1 district is generally well-known as the most prime destination in Phnom Penh, consisting of NGOs, high-rise commercial building, ministries, embassies and international schools. Moreover, BKK1 is a hotspot for many world-class brands, popular retail stores, restaurants, internationally franchised F&B brands, banks and other iconic places.Standing on the ground floor of a luxury condominium, BKK AVENUE has only 16 retail spaces available, range from 51sqm to 100sqm with 5-meter ceiling height, which is very spacious that open more freedom to decorate and enlarge your space.BKK AVENUE master plan is strategically designed for high-end retail that offers an extravagant atmosphere for the leisure shopping experience of the public and especially for Le Condé BK1 residents.  Likewise, the masterplan is a flexible combined space, that offers you extra possibilities to design your space as you wish. With estimated 3,000 residents living above the ceiling of BKK AVENUE walking past your shops every day, this is an extra added value to your business that you do not have to concern about the source of customers, but a large amount of potential and high-profile targeted customers staying there with a strong tendency in purchasing products.

The construction of the $300 million third ring road was 50 percent complete as of early May and is scheduled to be finished next year, according to the Ministry of Public Works and Transport’s spokesman Heang Sotheayuth. The 52-kilometre road stretches from National Road 4 from Por Sen Chey district in the west of Phnom Penh and crosses National Roads 3 and 2 to National Road 1, in the east of the capital, connecting to the Phnom Penh autonomous port.The construction of the road is expected to finish by September next year, Sotheayuth said.The road has 47 km of cement pavement and a 5-km stretch with asphalt paving. If there are no disruptions, the construction of the road will be ready as planned, Sotheayuth said. “The construction process continues despite the threat of COVID-19 disease.Both construction companies and technical consulting firms adhere to the Ministry of Health’s guidelines for combating COVID-19 disease,” he said.The road will contribute economically to the transportation and logistics sector, joining National Roads Number 6, 5, 4, 3, 2, and 1, to create a huge connection of roads.It will connect ASEAN highways and major economic corridors of the Greater Mekong sub-region, contributing to the facilitation of cross-border transport and promoting international trade and logistics.It will turn the land on either side of the ring road into potential housing, logistics, and industrial development areas.Link to the original article by Chea Vanyuth from Khmer Times:https://www.khmertimeskh.com/50857557/third-ring-road-50-percent-complete/

We’ve all heard about it and we’re all waiting for it: The Online Flash Sale recently unveiled the first few developers offering discounts to buyers like you!The question now is, how do you join and get the discounts during the event itself on June 3 to 6?How to register for the Online Flash SaleSTEP 1: Visit the registration page of the Online Flash Sale. It should appear something like this:  STEP 2: Fill out the necessary fields marked with an asterisk*STEP 3: Once you entered your phone number, click on “Send me SMS code”STEP 4: Enter the SMS CodeNOTE: If you are unable to receive an SMS code, kindly contact our live chat and our staff will gladly assist you in registering.  STEP 5: Set your budget and click on the boxes that apply to youSTEP 6: Click Register!What happens after I register?You can stay tuned for the weekly updates on properties onboard the Online Flash Sale. The event site is being updated regularly since the launch last May 6 and you can learn more about the new developments and resale properties soon to be revealed from June 3 to 6.How to get a discount during the Online Flash Sale:Securing a discount is easy! Simply visit either the “Projects” or “Resale Properties” Tab to view New Developments and Resale Properties offering you a discount!  From here, you can browse properties offering exclusive discounts! Click on the property you’ve selected and if it’s to your liking, be sure to click the “I’m Interested” button found on the right-hand side of the screen.  You have to be quick! There are only a limited number of discounts available from each developer, so be sure to click on that button and make your reservation with a fully refundable $200 reservation fee.* (Visa, Mastercard, ABA Pay, and Union Pay accepted)*Terms and conditions apply for the refundable $200 reservation fee. Two main things you have to remember: The fee can be refunded within 14 calendar days. It’s also worth noting that the reservation fee is deductible from the final price of your new property once you formally buy it!Got any more questions about the Online Flash Sale? You can visit the Online Flash Sale FAQ here.Or are you, like most people, excited to get a big discount on your new home? Register now!

The Legacy Villa is Borey Williams' best-selling floorplan out of all our home styles. Each Legacy Villa comes standard with a huge grassed-in plot of land measuring 300 square meters (15x20m). The home size measures 10m x 10.5m and is 2 floors. This large single-family villa has four bedrooms, five bathrooms, a living room, kitchen, and extra laundry room. The exterior design of the home incorporates an ultra-modern styling, with natural dry-stone wall cladding, natural wood paneling, and a two-tone modern paint scheme that is tastefully pleasing to the eye.As soon as you walk into the Legacy Villa you see a white granite spiral staircase next to a 6-meter-tall picture window, and a crystal chandelier making the interior sparkle. The Legacy’s interior is an American-style open floor plan with floor-to-ceiling windows, matte finish tiles, a kitchen island, and lots of cabinetry for storage. The kitchen connects to your living room which is great for entertaining guests and enjoying family time.This floor plan has many special features including natural custom-made wood doors, granite countertops in the kitchen and bathrooms, a large 14 square meter balcony connected to the master bedroom, and also double sinks in the oversized master bathroom. This home is customizable as many customers expand the floorplan further to add extra rooms such as an extra bedroom, a home office, walk-in closets, or a game room for kids.The Legacy Villa starts at only $155,500 per home and a low monthly installment of $718/month.

The influx of foreign investment and increasing activity from local companies in Cambodia have transformed its real estate sector into a source of many opportunities. Many foreign investors have taken advantage of continuous development and rising quality of life to purchase property for investment endeavours over the country’s recent decade of fast development. But as COVID-19 made international travel more restrictive, the Kingdom’s real estate market saw its focus shift to the local market.This shift to the local market has been taking off and Ms. Mom Sothavatey, GM & Leads Manager of Realestate.com.kh accepted the invitation to shed light on what Cambodian buyers have been looking for. In her time at Realestate.com.kh she has worked in Digital Sales, Developer Relationship Management, and Marketing before becoming the GM with a major focus on overseeing leads generated for clients and ensuring property seekers are serviced to a high level.“For many Cambodians, buying a house remains a big decision as it involves a lot of things to consider,” said Mom Sothavatey. Vatey, for short, recently purchased a home herself and noted some of the key factors that influenced her decision and the considerations of the many buyers she has come across.“Affordability remains a top concern for many Cambodians,” noted Vatey as a big factor for many local buyers. The real estate market’s growth brought with it development in the affordable spectrum, which has seen increased interest over the past few years and further accelerated by the fact that locals have become the more reachable market during COVID-19.Affordability and location remain the top priorities for many Cambodian property buyers. Photo taken during Realestate.com.kh's Home & Lifestyle Expo 2019.Being a recent homeowner herself, Vatey shared that she looked around the $30,000 to $40,000 price range for properties - also the range where most affordable properties are found. “Most young professional Cambodians, such as myself, are seeing the value of investing in our future. One avenue we can do that is by owning or investing in real estate” Vatey continued that being serious about buying property has taught her (and many other young Cambodians) to limit her expenses so she has more to invest in her future.“Location comes a close second for Cambodians,” she said, “The amenities and the growth potential of an area are key considerations for many buyers.” She mentioned that large developments such as shopping malls and infrastructure projects like national roads increase the value of projects in the eyes of local buyers.Chroy Changvar, for example, was on the fringes of Phnom Penh’s early development years. But as more developments came to the area like commercial areas and residential projects, more buyers have expressed interest and have now become one of the most eyed areas in Phnom Penh.Meanchey district is somewhat similar to Chroy Changvar. The southern district was largely occupied by shophouses and factories just a few years ago, but major developments such as the Hun Sen Boulevard and the announcement of the AEON Mall 3 construction have increased the value of properties surrounding these projects significantly.“The ability to get a loan has become more important over the past few years,” said Vatey. “Properties are major investments, especially for young Cambodians, and getting a loan is almost always a given for most local buyers”. Vatey noted that shopping for a loan plan also became a concern to her own property search. “I personally had to consult friends and family working in the financial sector so I know what I should look for in a loan.”Phillip Bank's Head Office in Monivong Boulevard, Phnom Penh. Photo by Phillip Bank.Banks in Cambodia have been proactive in marketing their loan programs to Cambodian property buyers; Phillip Bank and BRED Bank, in particular, have created friendly systems to make it easier for many loan seekers to get a loan - an effort that has contributed to keeping the real estate market active during the height of COVID-19.Realestate.com.kh, Cambodia’s leading real estate classifieds portal, launched Homeloan.com.kh as a one-stop-shop for home/investment seekers in Cambodia to easily shop for loans available. The popular website has also integrated a loan calculator in over 20,000 of its growing list of properties all over Cambodia for property buyers to easily calculate loans as they browse listings.The availability of many property types has been a result of the Kingdom’s fast-paced growth. Residential properties, in particular, are varied but can be simplified into 2 categories: Landed properties and condominiums/apartments. According to Vatey, landed properties such as those found in boreys (gated communities in Cambodia) remain a popular choice among local buyers.Borey Williams in Por Sen Chey, Phnom Penh is one of the projects seeing much attention in the district. Supplied. “There are many reasons why Cambodians gravitate towards landed properties,” said Vatey “In my case, I want to house my family in a space that can accommodate them in the long-term”. While city living has taken root in Cambodian culture, suburban living has similarly become a growing trend with locals spurred on by a city centre slowed down by rush hour traffic and increasing availability of more affordable housing on the city outskirts.Vatey observed that local buyers are keen on purchasing property close to big developments such as roads and commercial areas, saying “Many local investors have their ear close to the ground and as soon a big developer buys land somewhere, they will be quick to secure land near these sites”.Overall, Cambodian buyers are looking for good deals on the market. Local buyers understand that COVID-19 has resulted in some developments lowering their prices to meet demand. Vatey says that rooms for negotiations and availability of discounts make a property more appealing and that a property appearing to be for sale under market value will be quick on the sights of Cambodian buyers.Realestate.com.kh’s Online Flash Sale is an event that will be showcasing a wide collection of under-market properties from Cambodia’s most reputable developers and real estate agents. New developments such as the Stardream Lake Tourism Town in Koh Kong, Angkor Grace Residence & Wellness Resort in Siem Reap, and Vue Aston in Phnom Penh will be available at discounted prices.Resale properties from resellers all over Phnom Penh and the rest of the country will also be available at a discounted price. Register today and reserve your discount starting June 3 to 6!Article by:

The 2021 Realestate.com.kh Flash Sale is now live! Property seekers that are looking for the best deals in the market can now start browsing properties on the Flash Sale website, before the discounts are revealed on the 3rd of June for 4 days only. This year developers will only be offering special discounts on a selected number of units, so whilst the discounts will not be revealed until the 3rd of June, all interested buyers are highly encouraged to “register their interest” in particular developments and properties in the lead up to June 3. Once buyers register their interest, they will then be able to connect to the developer or agents straight away so buyers can obtain all the information they require before making a buying decision between the 3rd - 6th of June. Buyers are also encouraged to look at the resale properties section, where we have brought together some of the best under market value properties in Cambodia. Again, make sure you register your interest, as these properties are a once off!Throughout the month of May Realestate.com.kh will continue to add new projects and under market value properties in the lead up to the 3rd of June.The Online Flash Sale is part of Realestate.com.kh’s endeavours to connect buyers, agents, resellers and developers despite current movement restrictions. Economic slowdowns have historically been times where savvy property investors have secured properties at lower prices, and the Online Flash Sale will do exactly that for both local international buyers!How do I participate?STEP 1: Visit onlineflashsale.realestate.com.khSTEP 2: Register to receive weekly updates on new properties that are added to the event STEP 3: Browse properties and register your interest to be connected to developers directly STEP 3: Book your units - June 3 to 6!To kick the event off in style, we are launching some of the hottest projects right across the country! Stardream Lake Tourism TownDiscount: To be revealed on June 3 to 6Location: Koh KongDeveloper: Coastal City Development Group Co. Ltd.,The development of Stardream Lake Tourism Town covers an area of 248 hectares of land which is planned to include an ecological park and two lakes in the future. The project will be built after the completion of its green spaces, natural ecology, and pristine beaches to lay the foundations of an entrepreneurial community and leisure tourismClick here to see more detailsAngkor Grace Residence & Wellness ResortDiscount: To be revealed on June 3 to 6Location: Siem ReapDeveloper: Angkor Hearta Development., Co Ltd,Despite only being a few minutes away from the busy center of Siem Reap, Angkor Grace Hotel & Residence still affords residents the luxury of verdant landscapes rarely found in modern large-scale properties. The entire project measures 22,670 sqm largely composed of pristine greenery, the influence of which manifested in the residential units made with concrete and solid wood panels that pay homage to Cambodia’s rich architectural heritage.Click here to see more detailsVue AstonDiscount: To be revealed on June 3 to 6Location: Chbar AmpovDeveloper: The Peninsula Capital Co., LtdVue Aston is a newly launched condominium development in 2020. The development is located along the riverside in Norea Island which is a new residential development area. The development of a new bridge is scheduled to take place in the area and will serve as new access to Downtown Phnom Penh. This accessibility development is expected to attract greater traffic flow and land-rise which will drive the area to be the next potential development zone.Click here to see more detailsOther top properties offering great deals exclusive to this event:R&F CityWorldBridge Sports VillageCity GemThe Peninsula Private ResidencesLe Conde BKK1Ratana Plaza Top ApartmentGolden Tower 322Borey Icon KampotBorey Nadi by GC CityMake sure you also check out the best resale properties at the event as well! Register now!

Phnom Penh’s landscape: Photo credit to Mr.Chhoy ThearaWith the main theme of “Co-Creating Common Values of Sustainable Real Estate” in Cambodia, “Rainmaking Cambodia” has been selected to be one of the “Rainmaking Series” in 10 countries across Asia, Africa and North America, to be hosted by Good City Foundation with local strategic partners, virtually on 25th May 2021, supported by InvestHK and StartmeupHK. Rainmaking Cambodia is calling for urban tech projects submission and inviting interested real estate professionals, young leaders in housing public policy, and corporates to register and co-create the new pages of resilient values for future cities in Cambodia.Rainmaking Series’ page: https://www.goodcityfoundation.org/programs/rainmaking-seriesDelegate Registration Link: https://www.goodcityfoundation.org/programs/register-as-delegate“Rainmaking Cambodia” would be conducted in the form of Keynote Speaking; Panel Discussion and Tech For Good Cities Roadshow (to meet with angel investors). Representatives of the World Economic Forum, Cambodia Real Estate Association, Knight Frank, and other key influential stakeholders would sit in the panel discussion and explore the challenges and prospect of real estate development in Cambodia and the role where technology, public policy, Hong Kong, and Greater Bay can play and support.Tech For Good Cities Roadshow would be hosted with corresponding local top partners with a prime mission to identify impactful urban technologies and support their soft landing in Hong Kong and Greater Bay Area with potential investment matchmaking, market expansion advisory, and corporate partnership in Hong Kong and Mainland China to boost strategic business values.Global supporting partners include investment promotion agency of Hong Kong Government, InvestHK, World Bank IFC, Global Changemakers, Ventures Platform Hub and Hong Kong Scheme of Excellence Scholarship Scholar Association (HKSESSA). Local Supporting organizations include Knight Frank Cambodia, Realestate.com.kh, Property Area Asia, Cambodia Real Estate Association, and Digital Commerce Association of Cambodia.Good City Foundation is a non-profit non-governmental development organization founded in 2016 by a group of Hong Kong scholars and entrepreneurs, with a vision of better urban resilience in the next 100 cities in emerging Asia and Africa. The Foundation missions to foster innovative public and private partnership among the young generations in emerging cities, and have attracted a wide spectrum of innovative startups, family offices, young policymakers, and corporates to explore the latest development of urban design, economics, technology, and innovation and explore partnership. The foundation is an Institutional Partner of G20 Global Smart Cities Alliance and Private Sector Committee of ASEAN Smart City Network on behalf of Thailand, and also serving as Non-Profit Committee in the IoT and Urban Transformation Platform (Asia Action Group) and the Future Real Estate Taskforce of the World Economic Forum (China and ASEAN).Ms. Chan Pichmonyka, City Partner of Good City Foundation, has been inspired by the Foundation to be Cambodian Young Leader and continue enhancing her capability. After the summit, she deepens her leadership role in Cambodia and Asia, and speaks up for the issue, as the selected young delegate to the Model UN conference at the United Nations in Geneva and New York respectively. Currently, throughout her experience as the city partner and investment analyst (Capital Markets) at Knight Frank, a global real estate consultancy firm based in Cambodia, she hopes to leverage the Cambodia real estate market for growth acceleration.“In the year of this “Rainmaking Cambodia” I would like to humbly invite you to be part of our curation of the event and speak for the potential development, future city and entrepreneurship in the context of emerging Cambodia. As the expected overall outcome, the ultimate goal of the event is to connect all the aligning interests as a powerful network and resources for future discussion and impactful collaboration within the real estate and entrepreneurship ecosystem in Cambodia and across the region within ASEAN, Hong Kong and the Greater Bay Area. The sustainable real estate, is not just a matter of time, but together, we could break through the miracles, challenge the old dots, and create impacts”.Interested delegates and parties for the partnership could contact local city partner of Good City Foundation,Ms.Chan Pichmonyka (monyka@futurecitysummit.org)Rainmaking Series’ page: https://www.goodcityfoundation.org/programs/rainmaking-seriesDelegate Registration Link: https://www.goodcityfoundation.org/programs/register-as-delegate

Much of the Cambodian economy remains at a standstill as stricter quarantine measures are warranted to curb its spread. The Cambodian government has extended the lockdown of the capital city for another week and new zoning restrictions were implemented to halt its spread to other parts of the city. While these new measures appear to be means of allowing lower-risk areas to continue economic activity, it does beg the question: What about the rest of the Cambodian economy?Group CEO of Cambodia Investment Management Holdings, Anthony Galliano, joined Realestate.com.kh CEO Tom O’Sullivan in a discussion of the impact of lockdown measures on the Cambodian economy, specifically looking at its tourism, garment & textiles, agriculture, and construction & real estate sectors.The tourism sector has been the hardest hit since the global outbreak of COVID-19. The Ministry of Tourism’s report indicated that tourist numbers dropped by 80% in 2020, with only half of the first quarter of that year seeing arrivals comparable to previous years.“Tourism and hospitality are not in the best position at the moment,” said Anthony. “There was hope at the tail-end of 2020 but that the February 20 incident upset that”. Travel restrictions, from both ends of the flight, prevent most would-be tourists from coming to Cambodia. Anthony added that travel restrictions have stymied the growing tourism industry and the hospitality sector as a result.Tourist numbers have steeply declined over 2020 with continuing travel restrictions. Photo by the Khmer Times.Anthony noted that some form of international travel is returning like in China, Europe, and the United States but travel between South East Asian countries remains largely limited. “The gross revenue from tourism has been reduced to just over a billion dollars in 2020, a steep decline from the 4.9 billion we saw prior to COVID-19,” Anthony observed. He added that what activity tourism and hospitality saw in 2020 was frontloaded in Q1 before global tourism was put to a halt and that 2021 may be a more challenging year.The garment and textiles sector, which contributes 16% of GDP has done relatively well throughout the past year COVID-19 has been present in Cambodia largely due to healthy exports overseas, particularly those heading for the United States. The recent findings of positive cases in garment factories around Phnom Penh, however, have resulted in factories suspending operations and the sector is now facing problems of its own.The government recently announced that garment workers in factories under lockdown will receive a 50% salary in April. Anthony mentioned that this may affect the supply chain and put manufacturers in a position of struggling to meet orders. “This puts the sectors at risk of some orders being diverted to other production facilities like in Vietnam, Bangladesh, and Indonesia'' he said.Farmers find it difficult to transport goods during the lockdown. Photo from the Khmer Times.The agricultural sector is another big contributor to Cambodia’s economy employing a third of the workforce. Cambodia’s primary exports of rice, fruits, and vegetables have been integral in its export portfolio. However, Anthony observes a trend towards “self-consumption” instead of production on a large scale.“It’s an unfortunate trend as there’s a lot of small-scale farming. The country’s agricultural sector has held much promise in large-scale production that has not been realized yet” said Anthony. He says that one of the biggest problems of the sector is the low amount of foreign direct investment it receives compared to other industries in Cambodia despite consistent support from the public sector.“One of the things that could help is the Free-Trade Agreement with China,” said Anthony. He mentioned that part of the FTA is the exports of Cambodian agricultural products to China. The arrangement is already bearing fruit with a large shipment of mangoes worth $470 million. Anthony cites this as a momentum to increase agricultural production and exports despite COVID-19.In terms of real estate, Anthony noted that land properties remain an extraordinarily resilient market. “The land market is almost always on the uptrend and I’ve never met anyone who said they bought land and lost money on it,” he said. Owning land property remains a largely exclusive right to Cambodian citizens and has been a source of a boon for many landowners selling or leasing land in the wake of the Kingdom’s fast-paced development.On the other hand, new developments such as condominiums have seen some downward pressure following the community outbreak. “Volume of transactions are down by 15% to 20% in the condo market and we’ve seen prices go down by 20% to 30%,” said Anthony, “There are even some offering up to 40% discounts which shows a short-term slowdown in the market”.Anthony shares the observation much of the condominium market has been focused on the international market. But as travel restrictions currently stand, these buyers are not able to see the properties for themselves, and as a consequence, do not pursue purchases as they did prior to COVID-19. Nevertheless, Anthony reminds everyone that Cambodia’s real estate market is still in its early stages.“In my 20 years in Asia, if you look at the skylines of Bangkok, Jakarta, Kuala Lumpur, and Manila, these markets started out with very little development and they just exploded and demand self-fulfilled itself over the years,” he said. Historically, dips in the market have been windows where property buyers keen on making a good investment by buying low. Cambodia’s current market landscape presents an opportunity to look for deals on the market.Phnom Penh’s city skyline at night. Supplied.At the start of 2021, the National Bank of Cambodia forecasted a 4% economic growth for the Kingdom if vaccines can successfully curb the spread of the virus. “The light at the end of the tunnel appears to be flickering in and out every time there is a community spread” according to Anthony, “But there are silver linings in all of this”.Anthony lauds the government, particularly the Ministry of Health, for having a vaccination plan in place. “The government is quite well-organized. Vaccinations are arriving, there’s a schedule of different vaccines, and the Ministry of Health has a very clear plan of distributing these vaccines” he also credited the business community for their financial support and the commitment of the population to implemented quarantine measures.“The lockdown has somewhat slowed the infection rates. I believe that vaccine rates will go up in the next couple of months and we might see a rebound by the 4th quarter” he said. He cautioned that the first signs of recovery may not include tourism. But other industries, such as construction & real estate, garment manufacturing, and agriculture may see initial signs of rebounding towards the end of 2021.Looking to get in on the next live interview? Sign up here!

The utility of graphs and other forms of market data cannot be discounted when it comes to analyzing the sentiment of local consumers. However, we cannot also set aside the importance of directly asking homeowners/seekers: “What do you look for when buying a property?”This week, Mom Sothavatey, GM & Lead Manager of Realestate.com.kh shares her experience in home buying and insights into the Cambodian property seeker’s mindset. Catch her this May 5th (Wednesday) @ 2pm GMT+7 on Realestate.com.kh’s Facebook Page!Vatey has worked in the real estate industry for 5+ years in Cambodia and been with Realestate.com.kh for 3+ years. In her time at Realestate.com.kh she has worked in Digital Sales, Developer Relationship Management, and Marketing before becoming the GM with a major focus directly speaking to various property buyers and overseeing leads that we generate for our clients and those leads are serviced to a high level. Vatey is also a recent homeowner herself. Therefore we will explore her decision-making process from a local Cambodian buyer's perspective, as well as discuss what local Cambodians are looking for right now, from a first home buyer's point of view to a local Cambodian investor.If you’re an agent, property developer, or property investor, this can provide some much-needed insight into the Cambodian property seeker’s mindset!Pre-register for the event here: REGISTER HERE

Covid-19 has been a major effect to almost every industry dated since early of 2020 until present time, as well as in real estate industry. Due to the seriousness of the global situation, all flights forcibly stopped the operation until recovery. During the disruption of pandemic, nearly whole market is unpredictably going down, the buyers have more bargaining power in purchasing, hence most of the project is utilizing prize discount to attract more buyers and stimulate their sales. Surprisingly, Le Condé BKK1 have been performing very well ever since the last 2 quarters of 2020 and achieved remarkable sales volume to be the top sale project in the market. Likewise, the project itself becomes very popular in the Cambodia market. Effective from 23th April 2021, Le Condé BKK1 is pleased to inform that the unit price is increasing 5%. As Le Condé BKK1 homeowner, congratulations that your property has gained 5% capital yield.  From client’s and professional agent’s perspectives, Le Condé BKK1 is a rare and iconic condo development that is highly efficient for both living and investing. That is why a quick positive reputation of this project well-earned as Awards Winning Project by PropertyGuru despite the pandemic.  Situated in great location of central Boeung Keng Kang I, Le Condé BKK1 is thoroughly designed to create the first revolutionary condominium in Cambodia market with healthy, luxury and smart living lifestyle. All these strong factors made this project undeniably great for comfortable living and high return in rental that contributing to high demand from customers, especially smart home technology.  One of core principles of Le Condé BKK1 is firmly to protect homeowner’s interest. So your investment with Le Condé BKK1 project is and will be continuously secured. Le Condé BKK1 is really thankful for your trust and investment in our team and in return we promise to make your investment worthwhile for long-term relations. Besides high-class condo units with smart-home technology and revolutionary facilities, to upgrade this project to be a truly harmonious community, Le Condé BKK1 will introduce you the new product soon, the developer will announce the detail information in May. Stay tuned with us!  Looking to get in on the next live interview? Sign up here!

Quarantine Fun Challenge is a fun and rewarding online challenge that was initiated by Le Condé BKK1 project to entertain people during this lockdown period by making a fun video of your quarantine time.To support the Government during this lockdown, Le Condé BKK1 initiated this online challenge and now it is valid until 5th May 2021 to join and the winners will be announced on 7th May 2021.Le Condé BKK1 understands that it is a very tough moment for everyone. Taking this opportunity, Le Condé BKK1 would like to encourage people to stay alert with a strong mentality while doing quarantine, however, they still can have fun by joining this challenge at home. What’s even more interesting, many big prizes for the winners, the biggest prize is $1,500 cash for the winner with the most creative video.Right after the announcement, quickly hundreds of participants made videos to join our challenge sharing their quarantine fun day, showing that quarantine is not boring at all but we still can have some fun too. We have noticed some famous idols also joined our challenges like HRH Princess Norodom Pongsoriya and our handsome YouTuber Heng Visal.Many of the challenge participants expressed their positive feedback on this online challenge that this is a brilliant idea; while people stuck at home, they are easily getting bored and not very productive, however this challenge is very entertaining, interestingly a lot of big prizes. They also shared it with their friends and relatives to join.Le Condé BKK1 is a high-class residential condo project situated in a great location - central of Boeung Keng Kang 1 with revolutionary amenities. In the market, it’s very well-recognized because it’s the first smart home project in Cambodia. All these remarkable factors made Le Condé BKK1 the top sale and outstanding project thus far.

CVEA President Chrek Soknim gave us insights into the real estate market’s response to the lockdown measures imposed in Phnom Penh. This article is a summary of the interview, which you can view in full-length on Realestate.com.kh’s Facebook page.On the eve of Khmer New Year celebrations (14th of April), the Cambodian Government implemented strict lockdown measures in Phnom Penh and Takhmao to prevent the spread of COVID-19. This is on top of the previously mandated 8pm to 5am curfew implemented throughout Phnom Penh. Many businesses, particularly in the real estate sector are wondering: “What happens now?”Cambodian Valuers and Estate Agents Association (CVEA) President Chrek Soknim joined Realestate.com.kh CEO Tom O’Sullivan in a discussion about navigating the current landscape as well as a discussion on any possible reforms to allow agents and the industry to continue business during this period.“Everyone is experiencing a measure of challenge in light of the lockdown” said Mr. Soknim. “This certainly affects the Cambodian property market, especially in Phnom Penh. But this has not deterred our efforts to continue doing business with the help of technology”.He highlighted the importance of recognizing the danger posed by COVID-19, following government-mandated health measures, and finding ways to continue doing business despite current circumstances.The elephant in the room was the question of whether or not properties were still moving in the market, and Mr. Chrek clarified that deals are still being closed. “Deals are still being facilitated even during the lockdown” he said.Properties for sale have noticeably slowed down but are still receiving inquiries from interested buyers. Mr. Chrek observed that developments have an easier time closing deals during this period as opposed to existing homes. If you are interested in knowing more about all the new developments for sale in Cambodia, check them out here on Realestate.com.khGenerally “property buyers have all the information they need online and I think they will revisit the property market once the lockdowns are alleviated. After all, the nature of doing business in real estate is being able to see the property first-hand” he said. Mr. Chrek Soknim emphasized that providing information via online means has been crucial in capturing and keeping interest despite restrictions.Mr. Chrek considers the overall current situation as far from being a crisis. “The market is still strong as the interest is there. It’s just a matter of being able to visit the properties so buyers can make the right decision for themselves,” he said. On the contrary, he sees the current situation as an opportunity for property agents to learn additional skills while they stay put at home. “There are plenty of online resources that teach negotiation, sales, and marketing skills,” citing that he himself is subscribed to an online course teaching management and negotiation skills. “This is a good time for real estate agents to expand their skills so they have something more to offer for when the market eventually bounces back”View in full-length webinar on Realestate.com.kh’s Facebook page.Article by:

While Cambodia has been facing COVID-19 for more than a year, it is only now that a strict government-enforced lockdown has been implemented. Many businesses, particularly in the real estate sector are wondering: “What happens now?”CVEA President Chrek Soknim joins Realestate.com.kh CEO Tom O’Sullivan in an exclusive interview to discuss how the real estate market is responding to the new measures and how to best navigate the market throughout the lockdown.CLICK HERE TO JOIN THE LIVE INTERVIEWThe interview will start on April 21st, 2021 @ 2pm GMT+7. In keeping with lockdown measures, the interview will be conducted via Zoom and will be streamed on Realestate.com.kh’s Facebook page.Realestate.com.kh is continuously working to provide local property seekers and international investors with the tools and information in relation to the Cambodia property market.

Phnom Penh may see a slowdown in property market activity as inter-district travel becomes more restricted. SuppliedThe Cambodian property sector is facing a new round of challenges with the introduction of stricter lockdown measures last Khmer New Year. This time, however, Phnom Penh is at the center of the new quarantine measures leading many businesses, particularly real estate agencies & developers to adapt once again.CBRE Cambodia, a leading real estate consultancy firm, released its Q1 2021 Market Report before the Khmer New Year. According to their latest assessment, the condominium sales market saw respite from the few consecutive quarters with the high-end seeing an uplift of 4.8%, the affordable market seeing an uptick of 3.5%, while the mid-range saw a slight downward movement of 0.4%.The uptick in average sale prices in Q1 2021, particularly in the high-end, is an interesting trend as it is in contrast with how the property market reacted to the comparatively less severe November 28 incident. Though it is worth noting that Cambodia started 2021 with high hopes; such as the positive economic forecast from the National Bank of Cambodia (NBC) sometime back in January 2021.The CBRE report additionally noted only 12 out of the 19 expected condominium completions were delivered from the 2020 pipeline. The delays in construction can largely be attributed to supply chain disruptions across the globe.In terms of rental rates, CBRE’s report observed a positive movement over the first quarter of 2021. The high-end saw an increase of 1.3% and the mid-range saw a 1.7 increase. The affordable market, however, boasted 3.5% quarter-on-quarter growth likely caused by the market’s shift towards the segment.CBRE’s report notes that while these are positive signs, there is still a long way to go to make up for the decreases in both sale and rental prices witnessed over the course of 2020. As a comparison, the high-end rental rate at the end of the relatively well-performing Q1 2021 is still 9.4% below its value from Q1 2020.The property market’s recovery is directly tied with the confidence of buyers to go out and spend. While it is still early to determine how much the lockdown will affect condominium sales and rental trends further into 2021, we can expect the market to slow down due to intercity travel restrictions and the added red tape required to travel between areas.

Borey Lorn City is one of the anticipated boreys soon coming in Chaom Chau 2, Por Sen Chey. Supplied.The supply of landed property projects in Phnom Penh to grow at a rapid pace over the 6 months leading to Q1 2021, according to CBRE Cambodia’s recently released Marketview Q1 2021 Report.Over the 6-month period leading to Q1 2021, Phnom Penh’s landed property sector saw 21 launches across 9 districts. CBRE’s report estimates that these projects will add around 15,500 units to Phnom Penh’s landed property supply. In terms of completions over the same period, CBRE reports that 11 new projects were opened adding 4,500 units to the total housing stock in the capital city.The shift towards more affordable housing continues as newly launched projects are targeting the affordable housing sector. According to CBRE’s report, over 60% of newly launched linkhouses and over 70% of single villas will be priced in the affordable housing range.The report also showed areas where new existing housing supply, currently under construction, and recent launches are located. Sen Sok remains the top choice for many landed housing developments due to its vast flatlands, growing road networks, and increasing availability of commercial establishments that encourage movement in the area.Chbar Ampov, on the other side of Phnom Penh, ranks a far second in terms of existing supply. The peninsula district has also been a popular destination for borey developers. However, Dangkao district is set to overtake Chbar Ampov in existing stock once all its recorded projects are completed.Realestate.com.kh’s upcoming Real Estate Survey 2021 also reported keen interest from property seekers to purchase landed property in Sen Sok and Chroy Changvar in the next 12 months. The report explains that the preference for landed property among Cambodians is driving the popularity of suburban living, and will likely continue to do so in the foreseeable future.Interestingly, CBRE’s report notes a downward adjustment in average quoting sale prices for landed properties. In the period since Q3 2020, single villas saw a downward adjustment of 20.1% followed by linkhouses with a negative adjustment of 19.5%. Other landed property types followed with downward adjustments: 16.7% for shophouses, 15.4% for flathouses, and 13.5% for twin villas.Property seekers looking for landed homes may find it easier to find good deals on the market. To aid this search, Realestate.com.kh is launching the Online Property Flash Sale from May 6 to 9, 2021 featuring new developments and resale properties offered at more attractive prices. Interested buyers are encouraged to register for free.Article by:

The WorldBridge Sport Village is one of the most unique and exciting residential projects soon coming to Phnom Penh. The project is a massive undertaking near the Morodok Techo National Sports Complex, Cambodia’s first modern multipurpose and international standards sports facility designed to host the participants of the 2023 Southeast Asian Games.Upon completion in 2023, the WorldBridge Sport Village is set to become the finest residential choice for any individual/family looking for a comfortable suburban living experience with all the facilities that support an active and sporty lifestyle. In a nutshell: the ultimate Olympic village where you can live like an Olympian!Need to practice your swing for that game with the boys? There’s an in-house driving range for the golf enthusiast. Want to work on your cardio nearby? The running track has got you covered. Want a quick sweat with a game of tennis? Say no more. Or if you're the type who likes to sculpt one's own body indoors, the fully stocked gym will help you get those goals.WorldBridge Sport Village’s location itself is an exciting environment reflecting an active mindset. Having the WorldBridge Sport Village as your home means that you put a premium on living an active, healthy life full of sports and recreation. The surrounding area holds a potential for a great future as its earmarked with more commercial developments soon offering WorldBridge Sport Village residents plenty of things to do and places to see.Garden City’s massive entertainment spots surround the project namely the Waterpark, Safari, and Golf Club, three destinations ideal for families in the WorldBridge Sport Village. The new campus of the Royal University of Phnom Penh is also set to be within a few minutes drive from the project, making it an ideal residence (or even rental investment) for students/families in the long run. The grand cherry on top, however, is the Samdech Techo Hun Sen Dragon City, a 35,000-hectare mega-project set to be the new city centre of Phnom Penh coming in 2028!The WorldBridge Sport Village’s whole concept is designed to integrate all these surrounding features with a top-shelf, comfortable living experience where every whim can be satisfied without having to leave its grounds - all without interfering with their sense of security and privacy. The WorldBridge Sport Village will come with its own shopping mall, residents can engage in retail with all the international brands as well as have all necessities within arms reach right from the supermarket. After a shopping expedition or a hard day of active living, one can unwind in one of the many exquisite food and beverage outlets.We’ve talked plenty about what residents can do when living, but where can they actually stay?The WorldBridge Sport Village has quite the variety when it comes to the different units available. There's the top-tier Condo Residential unit, which provides spacious rooms with up to 3 bedroom options and the best view of the stunning landscape that surrounds the whole complex.There are Semi-detached villa units for those who prefer a more individual residence. The high-quality features and interiors built into these villas give the impression of a holiday getaway home, except it’s actually someone’s actual home.The Row and Townhouses are among the best in their respective classes providing a modest yet high-quality home for the many Cambodian families that would fit well here. Shophouses at the WorldBridge Sport Village let the entrepreneurial spirit of Cambodians stretch its legs with the space allotted for them to set up shop.The WorldBridge Sport Village is soon coming in 2023 and will be one of the most exciting developments in Chroy Changvar, and even Phnom Penh! If you’re interested, check out their property listing for a special price offer.

Get the best prices on the best properties in Cambodian real estate this coming May 2021!Realestate.com.kh, the leading real estate portal in Cambodia, is proud to announce the launch of the Realestate.com.kh Flash Sale, which will take place from May 6 to 9, 2021. The 100% online event will be one of the biggest 4-day sales events in Cambodian history, where property hunters can buy their dream home at some of the best prices ever seen!Realestate.com.kh Online Property Flash SaleDATE: May 6 (Thursday) - May 9, 2021 (Sunday)TIME: 9:00 GMT+7Secure discounts from Cambodia’s top developments & agents100% free registration$200 Fully Refundable Reservation Fee on the day to reserve the discounted priceFor a span of 4 days, first-time home buyers, property investors, and anyone in between can go online shopping for their dream property offered with the best prices of the year from Cambodia’s top developers and agents.Registration for the online event is FREE and interested buyers are highly encouraged to pre-register for the event to receive important information about participating developments leading up to the event. All complete details and discounts on properties, however, will only be revealed on the 6th of May, Thursday!This event follows the huge success of the inaugural online property sales event in Cambodia hosted by Realestate.com.kh in 2020 where over $20 million dollars worth of property was booked!Once the event launches, buyers will be able to find their favorite property and reserve the discount by paying a fully refundable deposit of $200 USD on the day. Buyers who reserve a unit during the 4-day event will then be provided a minimum of 14 days to choose the actual unit with the developer, discuss terms and sign a sales and purchase agreement. If in any case, the buyer does not follow through with their purchase, they will be fully refunded their $200 reservation fee.Lessons from previous economic downturns indicate that property prices dip and certainly bounce back; presenting a small window where buyers are able to acquire properties at significantly more attractive prices. Realestate.com.kh’s Flash Sale seeks to deliver that opportunity to local buyers and international investors in the Kingdom of Cambodia.Realestate.com.kh will be working with Cambodia’s hottest and most popular developments in the market as well as all the trusted real estate agents and agencies to reach as many buyers as possible both locally and internationally.Conventional offline means of reaching clients have been severely hampered by current quarantines and restrictions. The Online Property Flash Sale this coming May will be an avenue where buyers can safely browse for new homes and for agents/developers to present their properties while keeping everyone safe! Interested agents and developers are encouraged to reach out to Realestate.com.kh urgently.Realestate.com.kh has been at the forefront of connecting buyers, developers, and agents and contributing to Cambodia’s real estate market growth since 2009. The Online Property Flash Sale’s objective is to pursue this growth despite the necessary quarantines through continued online marketing efforts.If you are an agent or developer and want more information about this event please contact:Shengwei Zhao 赵生伟English/Chinese+855 085 321 897shengwei.zhao@realestate.com.khSumey Soun ស៊ូមុី សួនKhmer+855 077 241 285mey.soun@realestate.com.kh