Chroy Changvar district, a peninsula in the northeast of Phnom Penh and parallels the heart of the downtown connected by the Cambodia-China Friendship Bridge and Cambodia-Japan Friendship Bridge. The district is an oasis hemmed by the Tonle Sap and the Mekong River while not being far away from everything else. A regional plan is currently underway within the district to conserve its distinct ecological features; an endeavour to make Chroy Changvar a unique home to content souls.Several large scale projects such as the OCIC satellite city, large borey developments, and high-rise apartments have opened to welcome more residents into the district. And to make the district’s growing population feel at home, many cafes, restaurants, and other commercial endeavours have popped up to cater to their daily needs. In just 10 years, Chroy Changvar has been transformed from a barren piece of land on the outskirts of Phnom Penh into one of the districts experiencing break-neck speeds of developments, far outpacing other suburbs in Phnom Penh.From business elites to academic leaders, Chroy Changvar has slowly been turning into the home of Cambodia’s finest - mainly thanks to the rapid cultivation of urbanization through tourism, commercial & entertainment developments, and most importantly, education.Phnom Penh’s real estate has largely been driven by the demand for high-end residences, particularly in the busy area of Chamkarmon where high-end mix-used skyscrapers dominate the skyline. Chroy Changvar offers a breath of new opportunities for residents and investors looking to expand into other districts and take advantage of Phnom Penh’s dynamic development.The highlights of Chroy Changvar you may want to know☞ the local branded five-star hotel - Soka Hotel;☞ the first theme zoo - Phnom Penh Safari☞ the first Asia’s top entertainment and the largest waterpark destination - Garden City Water Park☞ a 18-hole golf course in the Phnom Penh Garden City☞ the stadium for Southeast Asian Games 2023☞ the modern age malls like the Marko and the Central☞ the best facilities in Phnom Penh, such as the Sunrise Japan Hospital Phnom Penh, Cambodia University of Technology, the Norton University and many more.If these stunning elements promote Chroy Changvar district as a tourist hub of modern Phnom Penh, then serviced residences like Wealth Mansion are necessary for Chroy Changvar to become a choice residence and eventually develop into a business district.About Wealth Mansion The Wealth Mansion project, started in June 2019, occupies the scenic riverside line of Chroy Changvar. This mixed-used development will be crafted into 45-storeys with a height of 166 meters sitting along a well-connected traffic network. It is close to the new Municipal Hall and the Southeast Asian Games venues. Boeung Kak District, Wat Phnom, the Riverside, and other attractions are within the good view of the project.The contractor is China Construction Third Bureau, a state-owned enterprise. All the teams involved are dedicated to ensure the smooth progress of the project supported by capital strength, technical capabilities, and quality control.With its superior location and meticulous design, the Wealth Mansion ensures that every unit is a dream home that is suitable for buyers and renters alike.Ecology on the outside and elegance on the insideThe design of the Wealth Mansion absorbs elements unique to the Chroy Changvar peninsula, such as the pleasant ambiance and the well-preserved ecology. The Wealth Mansion, set to be an innovative architecture with melded benefits of investment and residence, is designed by Rixing Design, the designer of national pavilions of the World Expo.Accordingly, Wealth Mansion’s architects made good use of natural ventilation and lighting with layouts consisting of a verdant facade, water features, central gardens on each floor, and open corridors. The Wealth Mansion is a comfortable dwelling on minimum energy consumption, thanks to the creation of an independent three-dimensional ecology.Wealth Mansion's smart floor plan enables every resident to have a unique life experience for its reasonable layout, aesthetic design and practical functions. The two-bedroom apartment units' design focuses on bedrooms, kitchens and balconies. The master bedroom comes with an en-suite bathroom. Residents can enjoy a more delicate family living atmosphere.Each apartment is fully furnished with modern equipment, appliances, and other fixtures that make moving in a lot easier.The Wealth Mansion also has a ‘worry-free’ service package for its home-buyers, which allows owners to check on the lease, maintenance, and rental collection of their properties in a timely manner.Facilities and servicesYou will not find any lack of luxurious experiences thanks to plentiful first-class facilities provided by Wealth Mansion. There is a massive parking area with 830 parking spaces designed for convenient driving in and out.A 400-sqm state-of-art fitness centre, 1,000-sqm swimming pool, stylish spa centre, restaurant/café, conference room/multi-function hall and more, will certainly give some highlights and a touch of lavishness to one’s day-to-day life. On top of that, comprehensive services, including 24-hour security, super comfortable lounge room at the lobby, concierge service, and home cleaning service, all make your stay easy and peaceful.Branded property service, more income generatedONYX Group is based in Thailand and signed a contract with the developer of the project to operate the first five-star apartment hotel in the district.ONYX Group is a leading company in hotel management with 50 years of business experience across the Asia-Pacific region with its core enterprise in the hospitality industry focusing on world-class efficiency and oriental etiquette.It is a good example of excellent international operations and professional ethics. In its property management sector, it values transparency and consistently works to develop strategic partnerships with owners. It focuses on the needs and concerns of the property owners as a business driving force and path to success. In addition, ONYX's Shama will operate hotel serviced apartments at the Wealth Mansion.About ShamaShama, who has advanced in serviced apartment management, is one of the leading internationally renowned brands that brings unlimited lifestyle to its customers and partners, with businesses in the Asia Pacific region, including Hong Kong, Shanghai, Guangzhou, Hangzhou, Chengdu, Daqing, Bangkok, Thailand, Melbourne, Australia, and Malaysia.Its achievements have been proved by a numbers rewards, such as the best serviced apartment operator in Asia of Asia Hotel Awards 2012-2018, the best serviced apartment operator of High Flyers Award 2017-2018 by <Hong Kong Business>, and the best luxury serviced apartments in China of the 10th World Luxury Hotel Awards 2016 etc.ONYX offers a wide portfolio of hospitality brands, including the market-leading Amari brand of hotels and resorts, Shama serviced apartments and the midscale OZO hotels, design-oriented hotels YOO Collection and Yoo2, and Breeze Spa. With offices in majorpan-Asian cities such as Bangkok, Shanghai and Melbourne, it provides innovative management solutions across Asia Pacific.Ownership of Wealth Mansion’s apartment comes with a “worry-free” property service package, which allows the owner to follow up the lease and maintenance status of the property, and ensures rental income can be claimed in time.The Wealth Mansion is the confident debut of Everhealth International Investment Development Co., Ltd., to engage in real estate in Phnom Penh with its business philosophy of “to standardize, to maximize, to innovate, to lead”. The contractor is the state-owned enterprise, China Construction Third Bureau, who is dedicated to smooth delivery of the project by technical capabilities and quality control.The average sales price of apartments is $2,200/sqm. It is set to be handed over by the end of 2021. The developer provides a 2-year guarantee of a rental return, and property operations carried out by Shama.With a prime location and ambitious planning, Wealth Mansion is a perfect option for a comfortable, luxurious dream home as well as property appreciation and rental profits that should not to be missed.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

Titan Stone Group, a Hong-Kong based investment firm, held a launch event last March 1 to announce the expansion of its business portfolio in Cambodia. The investment group cited, through a press release, that the fast rise of Cambodia’s economy presented an opportunity to attract more investors in the country.Titan Group announced its expansion in the country through a 4-in-1 inauguration event attended by H.E. Dr. Hun Manet, the Deputy Commander-in-Chief of the Cambodian Royal Armed Forces, along with many dignitaries from Cambodia’s business and financial sectors.Titan Stone Life InsuranceTitan Stone Group launched its Titan Stone Life Insurance with a short-term, high-interest rate saving policy to meet Cambodians’ need for financial planning and life insurance. Titan Stone Life Insurance will have additional packages covering group insurance, medical insurance, and personal accident insurance. With Cambodia’s largely young demographic, insurance will not only guarantee the future of Cambodian families but also give them a tool to manage their wealth.Picasso Sky GardenFollowing the success of Picasso City Garden and KY iCenter, the event formally launched the Picasso Sky Garden as the group’s new residential project in Phnom Penh. The new development adopts a mezzanine architecture concept that creates a multi-purpose space conducive for both living and entrepreneurship; representing an exquisite loft-style home in Phnom Penh.The Picasso Sky Garden adds to Titan Stone’s portfolio of advanced and high-quality projects in Cambodia.Titan Stone Financial TowerThe Titan Stone Financial Tower is a new project offering the first 5A+ office spaces in Cambodia. The new office building will be built with intelligent technology and a 4R green energy concept. The Titan Stone Financial Tower will be built within the Intelligent City Oasis in the heart of Phnom Penh.Titan Stone Special Economic ZoneLocated adjacent to the major ports of Sihanoukville and Kampot, the Titan Stone Special Economic Zone will focus on scientific and technological advancement within the Kingdom. The new SEZ, once fully operational will attract other high-tech industries to move in. The development of the SEZ is expected to introduce new opportunities to learn high-level skills that will benefit Cambodian workers.H.E. Dr. Hun Manet praised and recognised Titan Stone Group’s efforts in investing in Cambodia by bringing in advanced technology and resources from the global markets. Dr. Wea Chilin, Chief Consultant of Titan Stone Group, shared the optimism believing that Cambodia has rich resources, an excellent geographic location, and the freest and open economic policy in Asia.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

There are studies suggesting that a person spends an average of 10 years of their 78 life-years at work. If we include overtime work, that’s another 14 months added to an already significant amount of time spent on the grind.Obviously, one’s work plays an important part in people’s lives and a good working environment makes the time spent at work at a lot more productive and beneficial to anyone’s career.5A grade office space has become the best choice for companies thanks to selective locations, full range of facilities, and an atmosphere fit for the business.The noticeable differences between 5A offices and mediocre ones lie in the premium business space with top-tier comforts and the humanized office experience. It is not a simple compartment made of concrete, but a place suited for cooperation and productivity.The Prince Happiness Plaza, a landmark development in Phnom Penh’s CBD, is providing world-class office spaces. It offers both a sense of awe from its design architecture and more importantly, an environment beneficial for careers and contentment.How would you imagine your career in the Prince Happiness Plaza?Leisure communeTake your time to prepare for a new day as there’s no need to worry about beating the rush hour traffic. Your office in the Prince Happiness Plaza sits along the Monivong Boulevard ringed by Road 271 and Hun Sen Boulevard. The building is equipped with 11 high-speed elevators which quickly bring you to your office floor, regardless of rush hour traffic.Dullness-freeA dull day can be quite the stress on its own, more so if that added up to actual stress from your workload. Prince Happiness Plaza’s mirror-like glass walls offer expansive views of the beautiful cityscape, a scenery perfect for when you just want to sit back and relax. Offices also offer a grand view of the Mekong and a nighttime view of the shining lights along the riverside, giving any overtime work you may have an invaluable set of sights you can rest and enjoy.Moreover, office spaces in Prince Happiness Plaza have a flexible combination of floor plans with sizes ranging from 41-2294 sqm specifically designed to meet the various needs of businesses and their workers. The layout on each floor also includes segment of atriums for rendezvous or small events, meaning a team rapport or networking can naturally come along.Funs at the doorstepTo indulge yourself with kinds of joy after a workday at the Prince Happiness Plaza is just a few steps away from your door. Find a nice place to hang out with friends or colleagues, or go to a movie after a fine meal, or enjoy a shopping spree ... all is there for you in and out of the Plaza. Prince Happiness Plaza, a building in Phnom Penh CBD with a floor area of 800,000 sqm, is a commercial centre with shopping streets, a super large shopping mall, a five-star hotel, serviced apartments. In a few-minute drive, you may reach many more mega-retailers, such as AEON 3, Peng Huoth Mall, Russian Market, and Central Market. So to say, all you would like to have for a happy hour can be reached in no time.More details of Prince Happiness PlazaThe ideal space for work of today usually comes with a modern structure, easy access, and surrounded by a decent neighbourhood - Prince Happiness Plaza offers all of these and more. It’s only a fine choice for urban elites, it also serves as a testament to any successful business.Prince Happiness Plaza is located in the heart of ​​southern Phnom Penh, a part of town seeing continuous growth. Famous landmarks, such as the Independence Monument, National Museum, and the Royal Palace are nearby. A cluster of embassies, including Australia, Japan, Thailand, Russia, Malaysia, among many others are within reach.Modern medical institutions such as the First Center Polyclinic and Bayon Hospital, and international schools such as ISPP, PARAGON, and Royal University of Law and Economics are all within a 2-kilometre radius. It is also close to tons of leisure and entertainment which includes AEON 3, PH Mall, Russian Market, Central Market, Sofitel Hotel, Bassac River Restaurant, and Naga World. Occupants of the Plaza can easily enjoy all the offerings from a wide range of available amenities.Additionally, Prince Happiness Plaza is located right along Monivong Blvd, well within the area where Monivong, Road 271, and Hun Sen Blvd all merge - allowing for quick access to the heart of Phnom Penh, the airport, and basically anywhere else in the city!Seize a spot in the heart of a rising stage, where an icon will soon stand! Do not miss out on the metropolitan luxury residence (MERRYLAND) and its office assets (SKYRISE), both available for international sale!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

28 February 2020 - The Peak is a 55-storey mixed hotel development project comprising one tower of hotel and offices, two towers of residential units, a retail mall and a multi-story car park (the "Project"), which is being developed by Oxley Gem (Cambodia) Co., Ltd. ("Oxley Gem"), a subsidiary of Oxley Holdings Limited. Sino Great Wall International Engineering Co., Ltd. ("SGW") was engaged as the main contractor for the Project.Unfortunately, due to financial difficulties faced by the parent company of SGW and their continued mismanagement of the Project, the Project was wrought with significant delays and difficulties. Oxley Gem, as the developer of the Project, had repeatedly sought to assist SGW to meet the contractually stipulated timelines and even granted goodwill extensions to SGW. However, there were no significant improvements in the performance of SGW and it became apparent that it was not possible for SGW to complete the Project within any reasonable timeframe in the foreseeable future. In order to mitigate any further delays in the Project, Oxley Gem decided to terminate the contract with SGW in October 2019.Oxley Gem has since vetted and appointed another main contractor, China Railway Urban Construction Group Co., Ltd. ("CRUCG"), which is a state-owned entity in China with a strong financial position.Upon termination, SGW was required to vacate the site in order for CRUCG to complete the Project. In defiance of its contractual obligations, SGW refused to vacate the Project site and wrongfully occupied the site. This has caused further delays in the Project as CRUCG was not able to enter the site to commence work on the Project.Oxley Gem proceeded to commence legal proceedings to seek an injunction from the Cambodian court to evict SGW from the Project site and to enable Oxley Gem to exercise its lawful rights as developer and owner of the Project. In the course of the injunction proceedings, SGW was given due opportunity to respond and present their case. However, SGW chose not to do so and the Cambodian courts found merit in Oxley Gem's case. Oxley Gem successfully obtained an injunction order to evict SGW, their subcontractors and their workers from the Project site on 14 February 2020.On 25 February 2020, the Cambodian court appointed bailiff commenced the execution of the injunction order at the Project site in a legal and proper manner with the support of competent governmental authorities. SGW was highly uncooperative with the court bailiff and resisted compliance of the injunction order, eventually causing an altercation with the authority. Oxley Gem is advised by its lawyers that such obstruction by SGW to the enforcement of a court order may constitute a criminal offence under Cambodian law.The court bailiff eventually successfully escorted all SGW personnel from the Project site. As of today, Oxley Gem has regained full control of the Project site and CRUCG will be commencing work on the Project as soon as possible.Oxley Gem is currently instructing its lawyers to seek compensation from SGW for all damages suffered due to the various breaches of contract and the misconduct of SGW.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

Realise your long-awaited life of leisure and luxury with the Sky Villa; the latest prime property to rise in the heart of Phnom Penh.The twin-tower Sky Villa is the latest addition to Phnom Penh’s thriving city center. Each tower stands tall with 35 storeys adjoined at the top 34th and 35th floors offering a variety of top-class amenities: an infinity pool, curated gardens, fitness centers, saunas & spas, gourmet restaurants, and an exclusive lounge: The Sky Villa Club, which grants residents a spectacular sky-high view of the city.The Sky Villa residential condominium was designed by one of the renowned architects of the iconic Taipei 101, C.Y. Lee. With the best talents behind Sky Villas’ design, every room from the Grand Lobby’s reception, to the Mezzanine and up the hallways and into your bedroom - all become seamlessly reminiscent of the comforts and luxuries of home.The Sky Villa offers a total of 256 units for sale. The units range from 270 to 500 sqm of living space, making them the biggest condos in Cambodia. These units were specifically designed for both personal and multi-generational living with luxurious leisure. Seniors, Millennials, and everyone in between can find a corner of the Sky Villa they can call their own.And much like any dream home; every need and every want are within reach. The Sky Villa sits along the Poland Republic Boulevard within the capital’s busy Khan 7 Makara. Right at its doorstep is Cambodia’s National Olympic Stadium and the Olympia Mall. The Sky Villa is also conveniently located at a midpoint between Phnom Penh’s AEON Mall 1 and Central Mall, making your shopping decisions all a matter of which mall do you feel like going to today?The Sky Villa’s in-house services make it a genuine extension of a luxury lifestyle as its staff can assist you in making everyday life much easier. These include organizing transport, housekeeping & laundry, grocery shopping, secretarial services, events planning, and many more. Its 24/7 concierge can help give you inside knowledge of the surrounding area; granting you a more vibrant experience of Phnom Penh’s many facets of business and entertainment.The Sky Villa takes the security of its residents as a major priority. Around-the-clock surveillance of CCTVs is strategically placed in both towers. Each unit is also outfitted with an electronic lockset to give you the peace of mind you deserve.Take a peek of the life you can have in Sky Villa’s luxury units. Experience walking from its entrance to its gorgeous lounge area, its elegant living room, and its charming bedrooms at your own leisure through a 360 virtual tour:The Sky Villa is a joint-venture between GreatView Investment Pte Ltd., and MCC Land Singapore, both companies being Singapore-based companies focused on real estate development and engineering.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

Beaches, buildings, and business - the usual things that come to mind when talking about Sihanoukville. But a new development, close to its pristine beaches, tall buildings, and many lucrative businesses combine all these into a new level of luxury living: Prince Golden Bay.The Prince Golden Bay is a new mixed-use development offering residential and commercial spaces close to Sihanoukville’s famed Sokha beach. It consists of 4 condominium towers connected by a shopping centre spanning 50,000 sqm, making it the premier symbol of Sihanoukville’s leap into a major economic hub across South East Asia.A residence fit for royaltyThe Prince Golden Bay offers luxury units ranging from 32 to 76 sqm. The project’s developer, Prince Huan Yu Real Estate, believes luxury living as having a range of choices; a belief that extends to its units which can be modified or combined according to the needs and wants of early buyers and investors.Over 2,000 units are spread across its 4 iconic towers, each one offering a view of Sihanoukville and its famous beaches. But you have to be quick as units facing the picturesque Sokha beachfront will likely sell out soon!Residents of the Prince Golden Bay can further enjoy a life of regal luxury courtesy of its expansive shopping centre home to department stores, supermarkets, retail outlets, and many other conveniences standard to a modern city.These are complemented by the Prince Golden Bay’s own condominium amenities including a rooftop garden, a well-equipped fitness centre, and a large outdoor swimming pool.Nearby transportation hubs such as the ferry terminal, train stations, and the landmark lion roundabout are less than 10 mins away. Much like a true royal, everything you need is right at your doorstep.A golden opportunity awaitsFrom business to pleasure, the Prince Golden Bay delivers a level of service not before seen in the booming town of Sihanoukville. As such, the Prince Golden Bay offers early investors a guaranteed rental return of 8% for 2 years.Discover a new level of luxury living with Prince Golden Bay today!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

(Over 60 million people in China are still on lockdown as the People’s Republic of China and the World Health Organization struggle to contain the spread of the novel coronavirus)Be alert, don’t panic. There’s no need to cancel that business trip (unless it’s in heavily affected areas/countries) or skip that conference you’ve been waiting to go to. The novel coronavirus (Covid-19), while a present danger, can be easily avoided by following basic hygiene practices you’ve always known!But first, let’s have a bit of additional context.W.H.O. declares nCoV as a global health emergencyYes, the World Health Organization (WHO) has declared the novel coronavirus outbreak as a global health emergency or more technically known as a Public Health Emergency of International Concern (PHEIC). Let’s take a closer look at what this means.An outbreak’s classification as a PHEIC is not meant to be (and should not be) a cause for panic. This declaration is a signal that global health organizations and networks are the necessary steps, and using the necessary resources, to stop the outbreak from getting worse. This generally includes opening up channels of communications between clinical and research sites, unlocking financial and logistical support to these networks tackling the novel coronavirus outbreak, and holding states to account when it comes to reporting news and current cases.According to WHO Director-General Tedros Adhanom Ghebreyesus, the declaration of a Public Health Emergency of International Concern, or PHEIC, is meant to help support less industrialized countries and to try to prevent the virus from spreading in areas that are less equipped to detect and handle infections.(January 30, 2020. The World Health Organization (WHO) declared the novel coronavirus as a Public Health Emergency of International Concern (PHEIC). Image by GETTY.)Practical tips to avoid getting infectedWhile medical organizations, networks, and professionals are working 24/7 to keep the spread at bay, at the end of the day, your health is your responsibility. Here a few practical tips to avoid getting infected.Wash your hands FREQUENTLY The novel coronavirus spreads much like the common flu i.e. airborne particles, surface particles, and close contact to infected individuals. It’s also a fact often taken for granted that our hands are what we use to interact with our surroundings including shaking hands with people.Medical professionals’ advice is to wash your hands frequently for at least 20 seconds with hand soap and water. In their absence, you may use alcohol-based hand sanitizers to clean your hands. But hand soap and water are the preferred sanitizing options.Avoid touching your faceThe primary way viruses get infect our bodies is through our mucous membranes - these are our eyes, nose, and mouth. So, if you have this mannerism (of touching your face) then it’s high time you watch yourself. The less you touch your face before washing them for at least 20 seconds, the better!Clean common/shared areasObjects, especially shared ones, tend to be prevalent hosts of the novel coronavirus which can live on surfaces for quite some time. Now, this is not meant to discourage you from sharing, but simply a precaution to constantly wipe down shared objects and sanitize common areas as much as possible.Observe the 6-feet ruleThe novel coronavirus has been observed to follow the same transmission methods as the common influenza virus. This includes a 6-feet (1.8 metres) airborne transmission range. Be sure you observe this distance if you’re going to be in contact with someone showing symptoms (such as fever, coughing, and shortness of breath).Avoid traveling to heavily infected areasMultiple countries such as the United States, the United Kingdom, and Australia have issued a travel advisory to their citizens to cancel all non-essential travel to China. While Cambodia has not issued any restrictions to its citizens, it would be wise to observe personal precautions when traveling to heavily hit areas.(Washing your hands with soap and water for at least 20 seconds significantly reduces the chance of getting infected.)Be alert, don’t panicDon’t let viral posts from popular pages or “influencers” to claim to know the best way to prevent yourself from being infected without a credible source; a high amount of likes, shares, views, and retweets do not make a post accurate. Stick to advisories from health organizations such as the World Health Organization (WHO), the Center for Disease Control and Prevention (CDC) and the Ministry of Health for accurate information on the outbreak.Panicking does not help and will only lead to a rash decision that may domino into something detrimental to you or your family’s overall well-being. Instead, be alert by constantly sanitizing and avoiding contact with sick individuals.Your health is ultimately your responsibility, and the best way to be healthy is to keep calm and carry on.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:

The Home & Lifestyle Expo series organised by Realestate.com.kh, the country’s most popular real estate portal is back. Coming into the second year, Home & Lifestyle Expo 2020 is going to be once again the country’s biggest and most successful event, creating millions worth of deals within only two days. Booths are limited. So, call us now at 092 92 1000 to reserve your spot and be a part of another biggest sale of the year on property and lifestyle products. The Home & Lifestyle Expo 2019 remains the biggest event to date with a remarkable sale of the year with a whopping 30 million worth of property and over 20000 attendees in two days. Participating in the Home & Lifestyle Expo 2020 means you are joining over 100 exhibitors showcasing their products ranging from affordable housing and mid-range Borey projects right through to luxury villas, condominium and mixed-use developments. Where will the Home & Lifestyle Expo 2020 be held? The Home & Lifestyle Expo 2020 will be held for two days only, on the 24 and 25 April 2020 at Koh Pich Exhibition Center, the world-class and largest exhibition space in Phnom Penh. Koh Pich Exhibition Center is not only a perfect venue for such a big event, but it is also a favorite place among the locals and expats living in Phnom Penh.  It is extremely well-located right in the heart of Phnom Penh and is accessible from anywhere within the CBD. It is also a very well-known place for business people who frequently travel within Cambodia as well as the region. Who will be attending the Home & Lifestyle  Expo 2020? With hundreds of new projects and developments from across the country, the Home & Lifestyle Expo will attract all kinds of property seekers ranging from the first home buyers, middle-class families and affluent locals. It will also bring a pool of international investors including those from the region such as China, Hong Kong, Singapore, Taiwan, Malaysia. Thailand, Japan and Korea. Shopping, great deals and family time Besides real estate, there will also be other exhibitors from different industries including banks, microfinance institutions, cars, motorcycles, mobile phones, appliances, furniture, devices, jewelry, sportswear and fashion.  Better yet, attendees to the Home & Lifestyle Expo 2020 will also have chances to talk with representatives from some of the country’s leading financial providers to find out more regarding loan requirements and procedures for homes, cars and more. Visting Home & Lifestyle Expo 2020 is a perfect family day out together as it also includes food and drink booths and other fun facilities and activities for family and kids to enjoy together such as the bouncy castle and face painting. Country’s leading companies that already booked spots at Home & Lifestyle 2020 Expo As of now, some of Cambodia's leading property developers, banks, financial service providers, real estate agencies and architecture companies, have already secured their spots.Exhibitors include: Prince Real Estate (Cambodia) Co., Ltd, Morganford Investment (Cambodia) Co., Ltd,  Urban Village, La Vista One, Garden One, Creed Group, Parc 21 Residence, The Peninsula Private Residences, The Hexa, Golden Century, E City,  Borey VIP, Borey Lorn City, Borey The Flora, Borey Mongkul Phnom Penh, Aristo Developers, CBRE Cambodia, CPL, MZ Design, ACMA-Hitachi, RHB Bank, Lotus Broadcasting Services, Asian Markets Business Consultancy (CAMBC) and E&A Consultant Co., Ltd  Sponsors include: B2B CAMBODiA, foodpanda and Tnoat News. To reserve booth/booths or become a sponsor, please contact the team at Realestate.com.kh now.  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:

(Call now: 092 92 1000 for more information about booths and sponsorship) Are you currently looking or deciding to buy your first home or a new car for yourself, family members or loved ones for the upcoming New Year? If so, then you must visit this two-day Cambodia’s biggest Home & Lifestyle Expo 2020 which will be held on the 24 and 25 April 2020 at Koh Pich Exhibition Center.The Home & Lifestyle Expo 2020 is the second annual event of the Home & Lifestyle Expo series, organised by Realestate.com.kh, the number 1 property-focused marketing company in Cambodia.According to Thomas O’Sullivan, Realestate.com.kh CEO, last year’s event, the Home & Lifestyle 2019 was a great success. It had surpassed the company’s expectations in terms of the number of visitors and values worth of sales generated during the event. It attracted over 20,000 visitors with more than $ 30 million dollars in sales, including properties, cars, equipment, appliances, fashions and more.With the tremendous support from the Cambodian people and everyone residing in Cambodia, Realestate.com.kh is very pleased to create something that is really beneficial to the Cambodian market.Mr. Thomas O’Sullivan said, “ We are so excited to bring back the Home & Lifestyle Expo to the Cambodian market, especially to those who consider purchasing their first homes, cars or more. Ultimately, our goal is to give Cambodian families an opportunity to get the best deals of the year at the expo, and also to create a space where they can have the best weekend out together.”“The event will be bigger, better with greater deals,” he added.(The entrance of Home & Lifestyle Expo 2019 at Koh Pich Exhibition Center/ Realestate.com.kh) Okhna Cheng Keng, the chairman of CPL Cambodia Properties Limited, a leading real estate agency in Cambodia who participated in the Home & Lifestyle Expo last year said, the event was well-organised and attracted tens of thousands of people, which was a great opportunity for product branding and exposure.Okhna Cheng Keng said, “We had seen that it drove a lot of attention. It was a good event that attracted a huge crowd of people.”(A huge crowd of visitors to Home & Lifestyle Expo 2019 at Koh Pich Exhibition Center/ Realestate.com.kh)  What else?Besides exhibitors from the real estate industry showcasing their most prominent and latest development projects across the country with huge discounts including boreys, condos, office space, and lands. There will also be other exhibitors from other sectors spreading across over 100 booths at the Home & Lifestyle Expo 2020 including cars, motorcycles, mobile phones, appliances, furniture, devices, jewelry, sportswear, and equipment.Better yet, attendees to the Home & Lifestyle Expo 2020 can access to some of the country’s best banks, microfinance institutions regarding requirements and procedures to get house and car loans. Plus, it will also include food and drink booths and fun facilities for families to really enjoy together.Who is already on board for the Home & Lifestyle Expo 2020?As of now, some of Cambodia's leading property developers, banks, financial service providers, real estate agencies and architecture companies, have already secured their spots for the upcoming Home & Expo 2020 which will be held on the 24 and 25 April 2020 at Koh Pich Exhibition Centre.The exhibitors include: Prince Real Estate (Cambodia) Co.,Ltd , Morganford Investment (Cambodia) Co., Ltd. , Urban Village Phnom Penh, Garden One, La Vista One, Creed Group, Borey VIP, Borey Mongkul Phnom Penh, Borey Lorn City, Borey The Flora, Elite Capital 168, Parc 21 Residence, MZ Design, Aristo Developers, and ACMA Hitachi.Highlights of Home & Lifestyle Expo 2019 at Koh Pich Exhibition Center If you are looking to book a booth/booths or become a sponsor, please contact Realestate.com.kh now.  For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:

As the Chinese New Year commonly known as Spring Festival is approaching, are you ready to embrace the fortune of the Year of the Rat?To celebrate the imminent Spring Festival 2020, Prince Huan Yu Centre will kick off the Chinese New Year with big promotions. That said, a campaign of “win options of discount or freebies while enjoying your property hunting at Prince Huan Yu in Spring Festival 2020.”Come and buy a high-end quality property with a big promotion, it literally would be a good start of yielding your wealth of the Year of the Rat.Credits to its rare location, top-end quality and the prominence of brand building, Prince Huan Yu Centre has been the attention and favor of global investors since its open sales in 2019.Situates in the heart of CBDThe Prince Huan Yu Centre is built by Prince Huan Yu Real Estate Group, a subsidiary of Prince Holding Group. The project will be stood high in Phnom Penh's important administrative and business centre, the CBD of Chamkarmon district.It combines multiple products such as condos, office spaces, retail and business spaces. The building spanning on 140,000 sqm boasts platinum-graded apartment, grade 5A offices and 17,000-sqm commercial facilities.It is ambitious to stand out like a beacon landmark in CBD, which fully fulfills living & vacation, business & entertainment and other needs.Given the high demand and higher rental fees within the CBD gives another proof that Prince Huan Yu Centre is one of the hottest investment options in the capital and even across Southeast Asia.Prestigious brand means more confidenceAs one of the leaders in Cambodia’s real estate sector, Prince Huan Yu Real Estate Group has always adhered to the mission of "Building a Better Cambodia". In 2019, the group has set foot in two major cities, Phnom Penh and Sihanoukville, with six famous projects such as Prince Huan Yu Centre, Prince Finance Centre, Prince Golden Bay. The brand of Prince has resembled a shortcut to wealth accumulation for many investors.In 2020, Prince Huan Yu Centre wishes the best blessing to all of you and continues to achieve in building a beautiful living for a cause of better and more prosperous Cambodia.For more information, please go and meet the team at the headquarters located in the north of the Russian Embassy (next to NAGA 3) in Phnom Penh, Cambodia.Happy Chinese New Year 2020!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on April 24 and 25 at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

(Aerial view of buildings around Bassac area in Chamkarmon district / Realestate.com.kh) Rosewood Hotel, Phnom Penh: CBRE Fearless Forecast 2020 cited another strong year for Cambodia’s real estate sector. But Marc Townsend, Chairman of CBRE Cambodia, and the primary speaker at the event cautioned that while the Kingdom’s economy is expanding rapidly, adjustments have to be made to sustain the growth of its real estate sector.A strong entry into 2020CBRE estimates a 7.1% GDP growth for Cambodia in 2019. This can be attributed to the continuing boom in the construction sector along with tourism and overall interest in Cambodia as an alternative investment destination compared to its neighbors.According to CBRE’s report, a total of USD $9.3 billion worth of investments came into the Kingdom spread across 4,446 approved investment projects. For emphasis on the country’s relative growth, Marc Townsend cited that only 3 building licenses were issued in Ho Chi Minh city compared to the 405 building licenses that were given last year in the surrounding area of the Rosewood Hotel in Phnom Penh.(Marc Townsend, Chairman of CBRE Cambodia speaks to a room full of mostly real estate professionals and investors / Realestate.com.kh)As of Q4 2019, CBRE data shows the condominium sector had 27 new project launches and 11 completions, adding 16,500 units and 3,800 units respectively. The current condominium supply is divided among the High-End at 23%, Mid-Range at 53%, and Affordable at 24%. CBRE forecasts supplies of condominium units in 2020 to be divided into High-End at 24%, Mid-Range at 46%, and Affordable at 30%. The shift towards affordable units is cited to be due to the healthy demand among Cambodian buyers.Upcoming condominium projects, provided they finish on schedule, are expected to put some downward pressure on prices across all segments of the market.The CBRE report also states that housing loans increased by 30% this 2019 from USD $2.9B to USD $3.4B. Consumer loans increased at the same time from USD $6.2B to $ 7.1B this year. CBRE attributes these increase in loans to appreciating property values, lifestyle changes of Cambodians, and increasing competition within the banking sector.(A shot over the ocean and Sihanoukville's skyline as of 2020 / Realestate.com.kh)Development funds have also diversified in Cambodia. Marc Townsend shares that these companies barely had any presence in the country’s capital markets almost a decade ago but in 2019, these have diversified into construction loans, formal & informal fund structures, bonds, IPOs, off-shore lending, crowd-funding, and venture capitals.Cambodia, overall, remains an attractive investment destination compared to its neighbors. For example, data from CBRE cites that land prices in Ho Chi Minh city, as of Q4 2019, now go up to USD $30,000 per sqm in the inner city compared to USD $6,000 per sqm in Daun Penh.These are but a few of the overall data presented suggesting that the Cambodian economy is expected to continue to see economic growth this coming 2020. It is, however, not free of challenges, as we’ve seen this past year.Challenges of sustaining Cambodia’s economic growthThe two elephants in the room, according to the conference’s attendees during the Q&A, were the EBA withdrawal and the threat of property oversupply that could negatively impact the market.Of the surveyed attendees, most agreed that the EBA withdrawal will have “Moderate” effects on the Cambodian economy. While it could have ripple effects in the real estate sector, nobody knows what would ultimately happen until it happens, according to the speakers.As for the issue of oversupply, Marc Townsend introduced the idea that if there is an oversupply, then why are prices continuing to rise? He cites Vietnam as an example when it took off as a real estate venture. According to him, when the government relaxed regulations on foreign ownership, the property market went ballistic.(A recent sky view of under-construction buildings in Sihanoukville city / Realestate.com.kh) The same could be expected of the Cambodian real estate sector as it develops. Many of the high-end condominiums are available for the local Cambodian elite, with most units likely being owned by foreigners through strata-titles. And as more mid-range and affordable units come into stock, more local middle-class buyers will likely purchase their own condominium units.Infrastructure in Cambodia has grown significantly in the past decade but it may face slowdowns if project managers are slow to push their developments forward. The news of national roads and ring roads being constructed/rehabilitated is driving land prices up and might cause roadblocks to project development due to price haggling and owner holdouts. Without swift resolutions, infrastructure developments (such as the aforementioned roads) will have difficulty meeting their target dates.Marc Townsend also cautions Cambodia of the shift in priorities of big multinational investment firms. BlackRock, an investment management company handling USD $7 trillion in assets, instructed their fund managers to prioritise investment ventures that consider their environmental impact. This shift in socio-environmental requirements is likely to be followed by other investment firms and thus, must be considered by Cambodian stakeholders starting in 2020 to attract foreign investment in the future.Ensuring tourist safety also came up as a means of growing the Kingdom’s tourism sector. Marc Townsend suggests that most tourists, especially the Chinese, value safety as a top concern when visiting a foreign country. A disciplined and well-equipped police force looking out for both the locals’ and foreign visitors’ well-being will only drive up tourism confidence in the Kingdom. This point is supported by a report from the Khmer Times where the Shanghai Chief of Police asked the Cambodian National Police to ensure the security of Chinese businessmen and travelers in the Kingdom.The conference also discussed the recent construction-related accidents. Marc Townsend was clear these tragedies are an industry problem that must be addressed by developers by applying basic safety standards, the usage of quality materials, and adherence to the new government regulations. He lauded the passing of the much-awaited construction law and is hopeful Cambodia’s construction sector will avoid such tragedies ever again.(Sihanoukville's skyline adjacent to the city's Independence Beach / Realestate.com.kh) As Cambodia enters a new decade of development, winners, and losers in the real estate sector will likely be determined by an investor/developer’s ability to take advantage of Cambodia’s strengths and overcome the challenges presented.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.khArticle by:

Why bother to go on a trip when you could just come home after a long day at work and feel like staying in a luxury resort. This is what The Palms is offering.Developed by Oxley-Worldbridge (Cambodia) Co., Ltd, a joint-venture between Worldbridge Land (Cambodia) Co., Ltd, a Cambodia-based real estate company, and Oxley Holdings Limited, a Singapore-based property developer.The Palms is the first luxury resort-like residential project in the adjacent of the city centre that offers cluster houses including villas, riverside boardwalks and a whole range of facilities where you can indulge yourself and loved ones all year-round.The group has also produced other successful landmark projects in Phnom Penh such as The Bridge and The Peak.The Palms is located in Chbar Ampov district alongside the majestic Mekong River. It features a collection of over 200 exclusive cluster homes and superbly luxurious villas surrounded by palm trees, lush greeneries, and glistening waters - a perfect setup for a home seemingly a world away from the hustle-and-bustle of the city.Residents of The Palms can live a life of unprecedented resort amenities within a private community. Every unit has access to terrace living rooms, man-made beaches, BBQ dining pavilions, water playgrounds, hydrotherapy pools, several lap pools, and even a grand lagoon pool.Its resort villas range from 377 sqm up to 1086 sqm of total floor space and are built with the finest fixtures that make The Palms project the quintessential example of understated luxury resort living. The highest-end of these villas are the waterfront villas where residents are just a few steps away from the Mekong boardwalk, an esplanade for leisurely walks complemented by the cool breeze from the river.But what is luxury living without conveniences? The Palms sits right along National Road 1 and is a 5-minute drive away from the Tonle Bassac Bridge. This quick access to the bridge allows its residents to easily navigate anywhere in Phnom Penh through Preah Norodom, Preah Monivong, and Hun Sen Blvd. And with the city’s biggest mall yet, AEON Mall 3, opening in 2023, The Palms’ residents can truly have everything they could want and need at their doorsteps.Offers of luxury living are plastered all over Phnom Penh, but few can truly compare to The Palm’s unique concept of resort-leisure living. It also is the first development of its kind that brings high-end resort-living to city dwellers.With the commencement of construction in May 2018, the project is expected to be completed by end of 2020.Click here to earn more about The Palms. For more information or inquiries please call: 092 92 1000 or e-mail: info@realestate.com.khRealestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

At the beginning of the new year of 2020, Cambodia’s robust construction industry was abruptly hit by a mishap. On January 3, a six-storey building under construction in the coastal town Kep collapsed, which claimed the lives of 36 people and left 23 injured.This incident is no more than half a year after the collapse of a seven-storey building construction in Sihanoukville last year.Hidden dangers caused by human errors and poor supervision have once again cast a haze on Cambodia’s construction and property industry. These events should serve as a reminder to developers and buyers they should remain vigilant and cautious as far as the credibility and qualification of a contractor or builder are concerned.When we take a look at how things are in Sihanoukville, we see a city reeling in from a collective tragedy. Since the aftermath of a construction accident, the local government has been tirelessly redeeming itself to sustain the stride of growing urban infrastructure and property development. Even though the city looks like a massive construction site, Sihanoukville is changing day-to-day, especially in a dry season in Southeast Asia, known as a golden season in the construction industry.It was on the same day as the accident in Kep that Happy City was successfully completed. The project is located at the main access into Sihanoukville, where National Highway 4 and the developing Phnom Penh-Sihanoukville expressway converges. This modern piece of architecture is a 30-storey high-end residence providing fully-furnished condo and community amenities, ideal for both residential and/or holiday purposes. It sits on a highland of the city and overlooks the Victory and Independent Beach. This means the property is framed to be one of the best choices of valuable investment in Sihanoukville.The opening of Happy CityHappy City is developed by Yuejing (Cambodia) Real Estate Co., Ltd., a developer with years of property construction and management.The project will be handed over by the end of 2020, and become one of the first of the completed residential projects in this beachside city. As Happy City was completed as scheduled, the developer has proved its upstanding reputation and its ability to manage projects well.Happy City is only 1.9 kilometers away from the coast, and the beautiful Victory Beach and Independence Beach are visible from the fifth floor and above. To the south of the project, is the municipal centre, while the downtown commercial hub is to its west connected with smooth traffic. This enviable location ensures satisfaction for a holiday or an elegant urban lifestyle. Moreover, the industrial zones of the Sihanoukville port, its collection of casinos, and the natural hospitality of the Khmer is a huge advantage for Happy City's rental prospects. Its property management practices are in line with international standard services, so as to preserve owners’ interests and uphold residents’ well-being.Happy City has 1,600 studio apartments, all of which are exquisitely designed and avant-garde, ranging from 30.57 to 42.44 sqm in size, and equipped with top-grade furniture and essential home appliances such as air conditioning and television. They are available to stay upon key turning.The unit price starts from only 40,000 US dollars, a small investment with low risk and financially sound. The unit comes with freehold ownership and no inheritance tax. At the moment a two-year return rate of 8% per year definitely makes Happy City a good investment in Sihanoukville.Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

360 virtual property tours are now available in the Kingdom of Cambodia. Realestate.com.kh, the leading real estate portal in the country, is the first to feature this innovative way of presenting and viewing properties online.What is a 360 virtual tour?A 360 virtual tour is a form of panoramic imaging technology that allows for a full 360 degrees perspective of a given area. In real estate, this is used to bridge the gap between what developers can provide (short of showrooms) with what property buyers are looking for when examining a property.Check out this 360 tour of a duplex from the Peninsula Private Residences in Chroy Changvar, Phnom Penh:What are its benefits for property buyers/renters?If you’re looking for property in Cambodia, our 360 virtual tour offers a lot of value. Through this feature, you can get the showroom experience without being physically there. This technology’s value goes double if you’re living far away from the development you’re interested in, especially if you live in the province or even abroad.As with any showroom, you can move through the different sections of the house/unit at your leisure and gain a 360 full perspective of everything the property has to offer. You can easily interact with where you want to go with one click of a button.(A 360 virtual tour of a 2-bedroom unit from R&F Glory in Tonle Bassac, Phnom Penh)Do you want to see the living room from the entrance? Be our guest. Do you want to walk through every bedroom and see every bathroom? By all means, go ahead. Did you ever feel like giving that house/condo unit one more look at 2 in the morning before buying it? Our virtual tours are available 24/7.360 virtual tour cuts the cumbersome process of going through property photos and figuring out how everything comes together - and puts it all into one interactive viewing experience. The 360 virtual tour is a FREE viewing feature for property hunters and is available on select listings on Realestate.com.kh.(A 2-bedroom serviced apartment from The Elysee by Dara in Tonle Bassac, Phnom Penh)What are its benefits for property developers/sellers?As a developer, we’re certain you’re aware of how fast boreys, condos, and commercial buildings are rising in Cambodia. The marketplace has grown to a point where buyers’ choices are numerous; they are also getting wiser than relying on rendered images and even good photos aren’t doing as well as they used to. Getting their attention, especially online has become more and more challenging. While there are still showrooms that entice potential buyers, these only attract those who are willing to take the time and the effort to view these properties. This severely limits the reach your property could potentially have.If you’re looking for a way to innovate your marketing in Cambodia’s competitive real estate space, then a 360 virtual tour service could be what you’re looking for.(A 1-bedroom apartment from The Peak Residences in Tonle Bassac, Phnom Penh)360 virtual tours essentially create online showrooms for your properties. This allows thousands of daily users on sites like Realestate.com.kh to view your property and go through every room as they please. This potentially multiplies the number of people your showrooms can attract and accommodate without putting in the additional resources required.The 24/7 availability of these online showrooms complements your marketing efforts with an around-the-clock presence, attracting a wider international market interested in buying Strata-titled development.(A 2-bedroom unit from Urban Village Phase 2 in Meanchey, Phnom Penh)Realestate.com.kh’s 360 virtual tour bridges the gap between what buyers look for and what developers can provide in Cambodia’s increasingly competitive real estate sector. It gives potential homeowners a new way to view properties at their convenience, and it multiplies the efforts of developers in marketing their property.Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:

(The two bridges connecting Chroy Changvar and Phnom Penh city centre/ Seiha Phorn) A river is the lifeblood of human society.  A city with a flowing waterway is more likely evocative and distinguished. For instance, Shanghai has the Huangpu or Phnom Penh has the Tonle Sap.Chroy Changvar district, a peninsula lies in the northeast of Phnom Penh and parallels the heart of the downtown. It is like an oasis hemmed by the Tonle Sap and the Mekong River The district is currently reachable by the Cambodia-China Friendship Bridge and Cambodia-Japan Friendship Bridge. An underway regional plan consisting of efforts of ecological conservation will surely make the peninsula district a unique home to content souls.Looking back to what has transpired in Chroy Changva, which has been growing from a piece of wetland, the remarkable transformation of the district resembles the Lujiazui area in Shanghai city, an international financial hub across the river in China.Indeed, Chroy Changvar district has become one of the fastest-developing areas of Phnom Penh, alongside Sen Sok, Toul Kork and Meanchey district. Compared to other new-rising, Chroy Changvar district is the one with more strategic advantages. Firstly, it has a large amount of undeveloped land and the price is rather lower than the others. And secondly, it has easy access to the city. Thirdly the natural landscape is most alluring and ecologically pleasant. Fundamentally, the urban plans and high-standard municipal facilities progressing in the region are very positive and forward-looking.The stunning of Chroy Changvar  Chroy Changvar is home to some of the most significant landmarks, institutions and facilities including:  the local five-star hotel - Sokha Hotel, the first theme zoo - Phnom Penh Safari, the first Asia’s top entertainment and the largest waterpark destination - Garden City Water Park, the largest stadium for the Southeast Asian Games 2023, the modern mega shopping malls like the Marko and AEON Mall, the Sunrise Japan Hospital Phnom Penh, Norton University and more…Simply Chroy Changvar is the upcoming destination of attractions and selected residential hub with a lot of new developments are currently happening there such as Wealth Mansion.  About Wealth Mansion Wealth Mansion is a waterfront luxury condominium developed by a China-based developer. This project is expected to become a very valuable property like those in Shanghai's Pudong district. The construction of the Wealth Mansion has started in June 2019. The project occupies the riverside scenic line of Chroy Changvar district of Phnom Penh. This 45 storey building has a height of 166 meters sitting in an area with a well-connected traffic network including the Cambodia-Japan Friendship Bridge. It is close to the new City Hall and the Southeast Asian Games venues. Boeung Kak district, Wat Phnom, the Riverside and other attractions are within the good view of the project. The Wealth Mansion with melded benefits of investment and residence is the confident debut of Everhealth International Investment Development Co., Ltd., who invited Rixing Design, a designer of national pavilions of the World Expo, to work on the innovative architecture. The contractor is China Construction Third Bureau, a state-owned enterprise. All the teams involved will dedicate to ensure the smooth progress of the project supported by capital strength, technical capabilities and quality control.The design of the Wealth Mansion absorbs elements unique to the Chroy Changvar peninsula, such as the pleasant ambiance and the well-preserved ecology. For instance, the architect has made good use of natural ventilation and lighting. With the layout of layer and facade greenery,  water features, central gardens on each floor, and open corridors, the building is set to be a comfortable dwelling on minimum energy consumption, thanks to the creation of an independent three-dimensional ecology.Wealth Mansion's smart floor plan enables each dweller to have unique life experience for its reasonable layout, aesthetic design and practical functions. The two-bedroom apartment units' design focuses on bedrooms, kitchens and balconies. The master bedroom comes with an en-suite bathroom. Residents can enjoy a more delicate family living atmosphere. Each apartment is fully furnished with modern equipment, appliances, and calm lighting, which means you can immediately move in after the handover.ONYX Hospitality Group based in Thailand has signed a contract with Wealth Mansion’s developer to operate the first five-star apartment hotel in this district.The Wealth Mansion also has a ‘worry-free’ service package for its home-buyers, which allows owners to check on the lease, maintenance and rental fee collection of their properties in a timely manner.The project offers some of the best first-class facilities for residents to enjoy. Everything is reachable within the doorstep including its state-of-the-art fitness center, stylish spa and a 1,000 sqm infinity sky pool.  It also features a large parking area with 830 parking spaces that make you feel particularly convenient to get in and out. Other services will also be available in this building including restaurants and cafes to help make your everyday life even more convenient. On top of that, it also has a conference and multi-function room that allows you to organise meetings so you can literally step out and be right at the meeting place.  And besides, the well-equipped lounges, 24-hour security and cleaning service will be also provided to give you a truly modern lifestyle. The Wealth Mansion consists of 1184 units in total. The starting price is $2,200 per sqm. It is set to be handed over by the end of 2021. The developer provides a 2-year guarantee of a rental return, and a property operation and management carried out by the five-star hotel.With a prime location and ambitious planning, Wealth Mansion is a perfect option for a comfortable, luxurious dream home as well as property appreciation and rental returns investment that you cannot miss. Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

Imagine waking up to a gentle morning breeze and the sight of lush greeneries illuminated by the mellow morning sun. You would think you’re on vacation in the countryside or by the seaside. But if you’re living in Garden One, this will be your new everyday view.Garden One is an upcoming project that surrounds you with verdant gardens and a relaxing atmosphere, making it Phnom Penh’s premier green living development. Located in Toul Kork, a district known for its fast urbanisation. Garden One is expected to be a beacon of lush greenery in an area surrounded by a lifeless shade of grey.Garden One’s vision is to marry eco-friendly living and 21st-century city standards for its residents. Each unit, ranging from 44 to 91 sqm, and even sprawling 139 sqm luxury units, is designed to accommodate modern fixtures that make your daily activities easier.All units are uniquely surrounded by a small garden, complementing an already fantastic view of Phnom Penh’s growing cityscape from its balconies. You can well expect your worries to be left by the door as you come home and reenergise yourself in the comfort and safety of Garden One.Garden One residences are turn-key homes allowing you to move-in quickly and hassle-free. Living here comes complete with the standard fitness centre and rooftop swimming pool benefits - all seamlessly styled with small gardens of their own.Being Phnom Penh’s premier green living development, it offers a unique opportunity for both residents and investors. Units are available for rent and sale starting at USD $800 per month and USD $1,800 per sqm, respectively. Garden One also welcomes you to invest in the development of green spaces as its developer, JianZhong YuTong Co.,Ltd, offers a guaranteed 6% guaranteed rental return for 2 years. Garden One units are set to be handed over in December 2021.Green living may be the new popular trend, but are you actually living green? If you’re interested in making a sustainable residential and investment choice, call us now at 092 92 1000 or email: info@realestate.com.khRealestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

There must be such a beautiful beach there for you, tranquil and gorgeous, serene and homey. There your soul to be immersed in the sea and sky.Take a break from the hustle-and-bustle of the city and enjoy a much-needed peace with the sea-breeze and appreciate the true joys of a wonderful life.At Prince Tian Xi Wan, you may discover a poet in you. Take delight in the strikingly beautiful garden 13,000 sqm high in the sky and appreciate the shades of leaves and the tunes of birds, composing a poem and revealing yourself to nature mother.At Prince Tian Xi Wan, you may become a sailor. Commandeer a boat at the Marina and sails away. Enjoy a voyage in a long-tail, kayak, or a yacht.Living a life of new experiences with Prince Tian Xi Wan, at Prince Tian Xi Wan, you may become a photographer capturing Sihanoukville’s resplendent sunrise and colorful sunsets.Take in a fascinating view every moment of the day and any snapshot is a masterpiece of photography.At Prince Tian Xi Wan, you may become a musician. Let the morning breeze sing to you as the sun rises. Prosaic waves of sound at night that put your heart at ease and dissolve all the worries during the day.Let Prince Tian Xi Wan takes you away from the busy urban life and enjoy every subtle moment of peace and serenity.A smart property choice in Sihanoukville, Prince Tian Xi WanPrince Tian Xi Wan is adjacent to many vital quality-of-life services, including government offices, at Victory Beach in Sihanoukville. The project integrates super five-star hotels, five-star hotel apartments, the largest duty-free shop to the region, luxury shopping avenues, IMAX theaters, marinas, and beachfront lounges. It is like an ark built in a 340,000-sqm world-class coastal resort.The project features a beautiful sky garden stretching out 13,000 sqm, coupled with a controlled indoor swimming pool and a garden-style pool, and a large modern parking space of 25,000 sqm.There will be a ring of luxurious amenities that comes with this project, including luxury and brand outlets, supermarkets, duty-free shops, boutique food court, children's playground, high-end theater, SPA health centre, an ice rink, KTV and private yacht club. This exclusive selection of luxury activities impeccably meets all the craving for any holiday.The project is expected to be completed in March 2023. Now, Prince Tian Xi Wan’s 39-127㎡ well-furnished apartments are on sale. Our showrooms are open and our sales representatives are ready to welcome you today!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

As a foreigner, you cannot legally own land in Cambodia, but you can own property through a strata title, the only form of freehold ownership available to non-Cambodian nationals. Introduced in 2009, this type of title has opened the door for foreign investment in Cambodia’s growing real estate sector, particularly in condominiums and office buildings.In this guide, Realestate.com.kh will break down how foreigners can legally acquire property through strata titles, the steps involved, and what to watch out for.What Is a Strata Title?A strata title is a form of freehold property ownership specific to units within a co-owned building, such as a condominium or, more recently, strata-registered office buildings. This title not only grants ownership of the private unit but also includes a proportional share of the building’s common areas, like the lobby, gym, elevators, and hallways.Additional reading: Understanding what Freehold and Leasehold Ownership is in CambodiaIntroduced following Cambodia’s 2009 Law on Foreign Ownership, strata titles are currently the only legal means for foreigners to hold ownership rights over property in Cambodia.To qualify for strata titling:The building must be registered for co-ownership with the Ministry of Land Management, Urban Planning, and Construction (MLMUPC)Foreigners may own up to 70% of the total area of a co-owned building (excluding ground floor)Only properties above the ground floor are eligible for foreign ownership under this titleAdditional reading: What is the difference between Hard Titles and Soft Titles in Cambodia?Who Can Buy a Strata Title?Foreigners, legal residents, Cambodian nationals, and companies registered in Cambodia may all purchase strata-titled units. However, foreign individuals must meet slightly different documentation and procedural requirements compared to locals or corporations.Please note that this guide focuses specifically on the process for individual foreign buyers.How to Buy a Strata Title Property as a Foreigner1. Conduct Due DiligenceBefore buying, confirm that:The project or building is approved for strata titlingThe developer holds a valid Hard Title for the landThe seller (developer or individual) is the legal owner of the unitYou can check these at the local cadastral office and the commune council. If possible, get assistance from a licensed real estate agent or property lawyer.Further reading: A Guide to Condo Buying: Due Diligence Checklist for Cambodia2. Work with Verified PartiesAsk developers for a copy of their company registration, project approvals, and strata plan. For resale units, request the seller’s National ID or passport, and a copy of the strata title. Avoid purchasing units in projects without registered strata status, even if they claim future conversion.3. Prepare for Title TransferBoth the buyer and seller (or legal representative) must be physically present at the cadastral office to:Sign the Vente Définitive (Definitive Sale Contract)Complete the Application for Ownership TransferForeign buyers must personally appear to provide their thumbprint—a legal requirement.4. Gather Required DocumentsForeign buyers must present:Valid passportProof of marital statusAll documents must be translated into KhmerOnly Khmer names can be used on the title (no English characters allowed)5. Pay the Transfer TaxOnce approved by the land office, documents are forwarded to the General Department of Taxation (GDT):A GDT officer assesses the property’s value, usually within 1–2 weeksA 4% property transfer tax is then calculated and must be paidIt’s common for the seller to pay the transfer tax, but this is negotiable. Clarify this during the agreement stage.Further reading: Property Tax in Cambodia: What You Need To Know6. Receive Your New TitleAfter payment:Return all documents and payment receipt to the cadastral officeA new strata title with the foreign buyer’s name will be issued by the MLMUPCWhat a Strata Title IncludesA Cambodian strata title includes:The owner’s name (in Khmer)Unit location and sizePercentage share of common areasLegal references and registration IDStrata titles offer the most secure and legal path for foreigners to own property in Cambodia. They are ideal for those seeking to invest in condominiums or office units while complying with Cambodian property laws.If you want to make sure you didn'y understand anything and want to talk with experts, feel free to contact us now and also browse verified listings at realestate.com.kh, Cambodia’s #1 real estate portal for local and foreign investors. 📞 +855 92 92 1000📧 info@realestate.com.kh📍 Visit us at The Connect Center:#306BCD, Monivong Blvd (93), Sangkat Chakto Mukh, Khan Doun Penh, Phnom Penh🕘 Mon–Fri: 9:00AM–5:00PM | Sat–Sun: 10:00AM–5:00PM

(Click here to learn more about Prince Happiness Plaza) Being one of the countries under the most dynamic and potential economic development in the world, Cambodia is no longer synonymous with poverty and chaos, but a reincarnation of the ancient Khmer Kingdom booming in the rapid construction of urban infrastructure and much more industrial development. Remarkably, in the capital Phnom Penh, housing prices have been soaring for years due to the huge demand by increasing population, tailed by larger property investments.Compared to the change in the residential sector, supplies of office buildings in Phnom Penh are relatively more scarce. The ‘Belt and Road’ initiative brings with it many multinational corporations from China. The office building is playing a growing role in the business sector. For now, Phnom Penh has only three Grade A office buildings, namely the Canadia Tower, the Exchange Square, and the Vattanac Capital. Cambodia’s emerging market sees an average return on revenue (ROR) of 10% and a noticeable shortage in supply and has become a new hotcake for investors.Demand for office buildings in Phnom Penh is expandingAccording to the ‘Quarter 3 Report of Phnom Penh’s Real Estate Market in 2019’ previously released by CBRE, the number of Cambodian office units continues to increase, and the average rate of occupancy of all grades (A/B/C) office buildings increased by 4.7% year-on-year reached a new peak of 87.7%.Focused on Phnom Penh’s market, a report for the second quarter of 2019 disclosed that high-end office spaces in Phnom Penh are basically in full occupancy, saw a rising by 0.54% over the first quarter, and rents also continuing to rise. That said, the supply of available office spaces in Phnom Penh is starting to tighten, and even more so when high-end office spaces are concerned.(Click here to learn more about Prince Happiness Plaza) Innovation on office spaces weighs in on business strategiesThe trend of modern office design focuses on flexibility in workspaces that can entice talents and promote the performance of employees. More and more companies have come to realise these possibilities and are beginning to stick to these new approaches to office management.With a large number of foreign companies stationed in Phnom Penh, thanks to the stable political environment and good opportunities, the office-based workers in Cambodia have gradually increased. As a counterpart to villas or high-end apartments, modernised A-grade office spaces have become a better choice for corporations and entrepreneurs.Investment in Phnom Penh’s office spaces prioritises long-term useBusiness real estate operations do not differ much from infrastructure development. It is the locomotive that drives a nation’s industrial prosperity and overall economic development. They both require long-term financial support. Therefore, a smart commercial real estate developer will partner up a competent operator, carry out a lower-cost plan backed with long-term funding, so as to yield more profit than developing a residential project.(Click here to learn more about Prince Happiness Plaza) Last year, rates of return of office spaces in Phnom Penh were as high as 10% -15%, higher than residential returns at 6%-8%. The monthly rent of Grade A office remained at $28-$38 per sqm, $22-$26 per sqm for Grade B office, $12-$17 per sqm for Grade C in the city centre. The lease of office spaces is more in line with long-term returns, in contrast to the initial high-end sales figures associated with residential units.Recently, Phnom Penh’s real estate market is largely dominated Grade C and B office spaces, which consists of 51% for Grade C, 35% for Grade B and 14% for Grade A. It is forecasted that the share of Grade A and Grade B office spaces will increase from 49% to 72% by the end of 2021. The development of high-end office buildings is still in the phase before its big leap, and it could very well suit investors to throw in their lot now before prices soar again.Investing in commercial property in Phnom Penh? Prince Happiness Plaza has more lucrative offers with office spacesPrince Happiness Plaza is located in the heart of ​​southern Phnom Penh, a part of town seeing continuous growth. Famous landmarks, such as the Independence Monument, National Museum, and the Royal Palace are nearby. A cluster of embassies, including Australia, Japan, Thailand, Russia, Malaysia, and others are within reach.Modern medical institutions such as the First Center Polyclinic and Bayon Hospital, and international schools such as ISPP, PARAGON, and Royal University of Law and Economics are all within a 2-kilometre radius. It is also close to tons of leisure and entertainment which includes AEON Phase 3, PH Mall, Russian Market, Central Market, Sofitel Hotel, Bassac River Restaurant, and Naga World. Occupants of the Plaza can easily enjoy all the offerings from a wide range of available amenities.(Click here to learn more about Prince Happiness Plaza) Additionally, Prince Happiness Plaza is located right along Monivong Blvd, well within the area where Monivong, Road 271, and Hun Sen Blvd all merge - allowing for quick access to the heart of Phnom Penh, the airport, and basically anywhere else in the city!Seize a spot in the heart of a rising stage, where an icon will soon stand! Do not miss out the metropolitan luxury residence (MERRYLAND) and its office assets (SKYRISE), both available for international sale!Realestate.com.kh is proud to bring back Cambodia’s biggest Property & Lifestyle Market Expo which will be held on 7th and 8th August at Koh Pich Exhibition Center.Booth sales and sponsorships for Home & Lifestyle Expo 2020 are open. For more information, please contact:  Nin Kang (Khmer/Chinese)+855 78 637 323+855 93 552 305nin.kang@realestate.com.khTyler Stuart (English)+855 12 599 699+855 81 599 669tyler.stuart@realestate.com.kh

The Second Cambodia’s Engineering Business Matching was held on December 20 at Cambodiana Hotel in Phnom Penh and was joined by participants from different sectors, including construction, real estate, telecommunication and more.The event aimed to bring together representatives from manufacturing and consuming sides, mostly in the construction sector in one room to help boost better cooperation.As a result, the event has seen some themed dialogues, special events, procurement releases, product testing, cooperation signings and gathering dinnerFor instance, the Cambodian Singmeng Telemedia Co., Ltd, the only one-stop ICT overall solution operator in Cambodia and Discovery New City Co., Ltd, signed an MoU on “Smart Community Strategic Cooperation Agreement.”The agreement will allow the two parties to work together to turn DNC Mall and DNC community into intelligent and high-end businesses.Under this agreement, the two signatories hope to provide customers with a more intelligent and comfortable experience and help establish the image and reputation of Discovery New City Co., Ltd as an industry leader and innovator.Singmeng Telemedia is a Singapore-based company. It offers one-stop overall information solutions for the entire Southeast Asian market.Established in 2012 with a total registered capital of U.S. $100 million, it has swiftly become a leader in the telecommunications industry.In Cambodia, Singmeng Telemedia has buried optical cables covering the whole of Cambodia, and is the first operator in Cambodia to launch the “three-in-one” technology and “one-stop ICT overall solution.”Singmeng Telemedia is currently offering services to some 40 large-scale real estate projects, including The BRIDGE, One Park, Prince Edward, Central Plaza, Olympia City, and AXIS RESIDENCE. It has also secured to service 12 high-end development projects which are still under construction.For more information, please visit the company’s website! Or contact: 096 666 1888 / 089 966 888 / 023 860 666 (Khmer, English and Chinese)Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now on both iOS and Android.Interested in investing in Cambodia? Check out our Cambodia Investment Guide 2019 to learn more!