The biggest real estate event of the year is less than a month away. On October 4 and 5 the Realestate.com.kh Expo 2019 will be hitting NagaWorld in Phnom Penh. This is the latest in a long line of successful event from Realestate.com.kh, and this one is sure to generate millions in property sales. All of Cambodia’s biggest names in real estate will be there as exhibitors and participants. However, in addition to the expo floor, there will also be a full schedule of seminars where attendees can hear from experts in the industry.Seminars will take place in Khmer, English and Chinese. In fact, there will be translators and headsets so that no matter what language you speak you’ll be able to listen and learn.Realestate.com.kh is dedicated to bringing its visitors the best quality content about property in Cambodia. These seminars are no different. Attending the expo is completely free and so are the seminars. Sign up for free express entry right now, and read on to learn about the seminars that will be going on at the event.Who will be speaking at the Realestate.com.kh 2019?Realestate.com.kh always strives to create the best, most educational experience with its seminars. Here are the experts who will be speaking at NagaWorld on October 4, the first day of the event:Oknha Sear Rithy, Chairman of World Bridge GroupOknha Cheng Kheng, Chairman and CEO of CPL CambodiaSorn Seap, Founder and Director of Key Real EstateDr. Kim Heang, Regional Operating Principal at Keller Williams CambodiaMarc Townsend, Chairman of CBRE CambodiaMatthew Rendall, Senior Partner at SokSiphana & AssociatesCatherine Chan, Executive Director of Urban VillageDan Davies, Director of CBRE CambodiaThe day is sure to be full of riveting discussions about tons of different topics. Catherine Chan, for example, will be speaking about the differing demands of foreign and local condo buyers. “Foreigners put more emphasis on the living environment, but practical conditions and price range are the top factors for local buyers,” Chan said. To be sure, there will be valuable information for every perspective within the Cambodia real estate market.As if that weren’t enough, we have another action-packed schedule set for October 5. Speakers for the second day of the event include:Mr. Li Min, CEO of Prince Real EstateDr. Raymond Choi, Chairman of Prestige Homes CambodiaMr. Edward Lin, CEO of Yi Fung Real Estate ServicesMr. Haijun Zeng, Partner at Tings & AssociatesMr. Tasos Stavrou, Group Sales Operations Manager, China and Asia GMMs. Vann Sokun Nymol, Business Development Manager of Harvey Law GroupThe Realestate.com.kh Expo 2019 is a must-go for property investorsIn addition to having a full lineup of expert speakers, there will be tons of industry insiders exhibiting at the event who will be happy to chat with attendees. Over 50 companies will have booths at the show.What’s more, you will find some of the best property discounts of the year at the event. If you are planning to put money down on real estate this year, the expo is the only time.This year’s event is set to be sponsored by international logistics giant ZTO Express, Ezecom Cambodia and Lumiere Residence. All the biggest names in boreys, condos, land, law, agencies, construction, architecture and home decor will be on hand. It will be the most important real estate event the country has ever seen.Also joining the event are ARU ME Metal, Prince real estate group, Prince Huan Yu, Prince Jin Jia, Victory Bay, La vista One, Urban Village, Bel Air, Creed (Zelkova), Aristo Developers, SH Condo, M Residence, Chief Bank, North Park, Condominium, The Penthouse, Beyond Design, HLG (Harvey Cambodia Co., Ltd.), Pafillia Property Developers, Leptos Estate, MAA Architecture & Design, Oxley Emerald, Orkide Villa, Le Bassac, E-Power, Yi Fung Realestate. Huateng (Cambodia) Investment Co.,Ltd., New landmark, Unicom Scienceplastic, C-Herald Propery Service, Huaye  , HYO, Morgan, R&F, KH Land, International Top Agent ( ITA), Toul Kork Lane , Baoli Mansion, The Bund, CBRE, WanHao, Wealth Mansion, FDD Real Estate, Century 21 Cambodia, Zenearth. Go to the expo’s website to find out more information and sign up for free express entryWant to find out more about housing types in Cambodia? Read our Investment Guide 2019.Reminder: It is free to enter the Realestate.com.kh EXPO 2019 at NagaWorld. Register now for express entry.

A recent government decision to stop issuing new online gambling licences in Cambodia has many speculating that inflow of both capital and visitors from China will take a hit in the coming months. Real estate insiders, however, say that the move only serves to improve the quality of investments coming into the Kingdom.Many in the sector have pointed to the gaming industry in Cambodia as one of the main reasons that both investors and tourists from China have been coming to the country in increasing numbers over the past few years. Indeed, Sihanoukville in the south and Poipet, on the border with Thailand, seem to be the focal points of this growth. Both cities have a well-established casino industry.Everything was business as usual until the middle of last month. That’s when Prime Minister Hun Sen issued a directive that halted the issuance of new internet gambling permits. The move, which was trumpeted as a bid to eliminate online extortion associated with online gambling venues, also means that existed licences will not be renewed.Local sources are reporting that many gaming venues have already shut their doors for good and thousands of Chinese expats have left Sihanoukville.Just a week after the August 18 decision, the Ministry of the Interior deported 150 Chinese nationals in relation to an online gambling scam operating out of Sihanoukville and Bavet.According to Chinese state media agency Xinhua, the scheme had netted around US$14 million.Falling Sihanoukville demandInsiders in Sihanoukville have said that room rates at hotels and guesthouses in the area have declined since last month. Nuon Rithy, chairman and CEO of the Khmer Appraisal Foundation, said that Chinese expats leaving Sihanoukville are workers or visiting gamblers, not investors. This, in turn, has caused a drop in the demand for accommodation, food and other services. Rithy claimed that other areas of investment in the country, such as real estate, construction, tourism and textiles are stronger than ever. “The decision to stop the issuance of gambling license is a good strategy to filter good investors ... which will bring benefit to Cambodia’s economy in the long run,” he said. “I strongly believe that the decision will provide long-term benefits and Sihanoukville province will become the best destination for tourism and trade in the near future.”Sihanoukville, Bavet, and Poipet are the main centres of Cambodia’s online gambling industry. These three areas are reportedly all witnessing an exodus of Chinese expats.  Despite the fact that gambling is illegal for Cambodian citizens, the Kingdom has become somewhat of a gaming hub in Southeast Asia, due to the fact that foreigners are allowed to lay bets. Kim Heang, CEO of Khmer Real Estate Co Ltd, claimed that the ban on online gambling businesses in Cambodia will affect land prices in Sihanoukville, Poipet, and Bavet.However, he added that it is just a short-term effect, and long-term gains will continue.Plots in Sihanoukville which were being sold for just $200 per square metre three years ago have routinely been selling for around $3,000 per square metre.“Over the long term, this decision will provide big advantages for Cambodia’s macro-economy and renew the current operating licenses for one more year would be the best solution for all." Heang said.If you want to know more about gambling in the Kingdom, be sure to read our guide to casinos in Cambodia.  Article by:

SingMeng is proud to announce the launch of our new website, which coincides with our expanding role as a national leader in telecom and media services.Our new website provides a clear message of who we are, what we stand for and where our value lies when developing, delivering and maintaining new telecom and media solutions.The website also boasts a clean design and intuitive and consistent site-wide navigation system with improved menu functionality that directs you to the information most relevant to you. It is also fully responsive with mobile devices, making it easy to navigate on a wide range of web browsers and portable devices.We also plan to continue adding more video content and product information to provide you with all of the information you need to evaluate our products and services.We are proud of the new website and feel it will create the experience you are looking for when you want to get the fastest Internet solution and the largest entertainment platform in Cambodia.Check out the new Sing Meng Telemedia website.Want to find out more about housing types in Cambodia? Read our Investment Guide 2019

With its population reaching over 16 million and steadily growing, Cambodia is witnessing a rapid increase in people’s migration to bigger cities to look for work.The country’s capital city Phnom Penh, for example, now has a population of more than 2 million residents and is growing faster than the city’s resources allow for, including housing.Having seen this growing housing demand, many local and international developers took the opportunity to develop numerous housing projects ranging from condominiums, villas, and boreys, often in the suburbs as the city expands.Boreys, sometimes referred to as gated communities, have been growing in popularity for the past years amongst developers and are favored by home buyers given their practicality and affordable price.A recent report from VTrust Appraisal predicts that the number of boreys or landed houses in Phnom Penh will reach nearly half a million by 2030.Keo Rady, Marketing Manager at LeJu Development Cambodia, told Realestate.com.kh that the company is striving to be a leading real estate developer for Phnom Penh’s growing housing markets. To reach that goal, the company has developed “an affordable yet high quality” housing project called Borey LJ, he added.Mr. Rady stressed, what is so special about Borey LJ is its location which is in Por Senchey, one of Phnom Penh’s fastest-growing districts, surrounded by local and international schools, big shopping centres, hospitals, and many other facilities, and only a 10-minute drive from Phnom Penh International Airport.“Houses in Borey LJ are well-designed with 30-meter-wide streets. The construction of this project is well-managed and “closely monitored” by a British engineer with years of experience in construction, he added. “The project was granted with all the legal permission documents and the company will provide hard titles to its buyers.” Houses in Borey LJ start with a total floor area of 94 to 173 square meters with land size from 68 to 189 square meters, and an affordable starting price of $64,400. Borey LJ is a good product for new families who want to own their first homes, he added.Want to find out more about housing types in Cambodia? Read our Investment Guide 2019.

The number of landed houses in Phnom Penh will reach nearly half a million by 2030, according to a recent report from VTrust Appraisal.The document, titled Phnom Penh 2030, showed that landed homes will increase threefold over the next 13 years. The valuation company claims the total currently stands at 150,000 but will hit 450,000 by 2030. VTrust’s report anticipates an average of 25,000 new landed units to hit the market each year and an overall growth rate of 9 percent in the housing supply.VTrust Appraisal’s research director, Hoem Seiha, who authored the report said that Phnom Penh has witnessed a 4 percent population growth year on year as more people seek opportunities in the city.“Rapid growth of population in the city and an increasing influx of new incoming migrants who come from different parts of the country to settle down in the city will drive more demand for houses in Phnom Penh,” Seiha said.“The flexible mortgage schemes for housing sector has come to boost the affordability of city population and thus will continue to drive the housing forward.” Dangkor, Chroy Changvar expected to grow Currently, there are seven districts in the capital with active landed housing developments. These include Por Sen Chey, Dangkor, Chroy Changvar, Russey Keo, Sen Sok, Chbar Ampov and Meachey districts.Of these districts, Por Sen Chey currently has the largest supply with nearly 50,000 landed homes. Sen Sok and Dangkor districts each have just over 20,000. However, VTrust’s report predicts massive growth in Dangkor district. The forecast claims there will be almost 100,000 homes there by 2030.It should be noted that the numbers in the report include landed houses only if they are part of a community with 20 or more units. Boreys fall squarely into this category.Concerns over affordable housingNget Chou, a local financial and real estate adviser, said that the growing demand for property ownership has pushed up property values over the past few years. Chou claimed that land prices were currently growing by between 10 and 100 percent per year, depending on location.However, he said there are worries in the affordable segment of the market.“Cambodia may face the housing crisis in the future especially among many low-income people,” he said. “The current affordable housing supply in Cambodia does not meet the living standards of a worker, as a house costs at least $25,000. This crisis has already happened in Hong Kong, so Cambodia should learn and prepare.”In terms of land price alone, Chou said that rates in Cambodia are still low compared to the rest of the region.According to Chou, the average value of urban land in Cambodia is around $2,900 per square metre. In Thailand, meanwhile, it sits at $3,900, $11,800 in China, $13,700 in Singapore, and $28,500 in Hong Kong.Want to find out more about housing types in Cambodia? Read our Investment Guide 2019.Article by:

For the last couple of years, the coastal town of Cambodia’s Sihanoukville, once a sleepy town, has experienced major developments at a very fast pace, especially in the real estate sector. As the city expands, the demands for urban lifestyles and luxurious housings increased. Having seen the potential and rapid increase of modern housing demands in Sihanoukville, Leshenwe (Cambodia) Real Estate Development Co., Ltd, a joint venture of two real estate development companies from Cambodia and China, have joined together to participate in the fast-growing real estate market of Sihanoukville to jointly develop a project called “Leshen The Lord Garden", a uniquely designed residential project of boreys and low-rise apartments. Leshen The Lord Garden is located along National Road 4, surrounded by markets, schools, hospitals, public infrastructure, recreation facilities, and much more. The project is sitting on over three hectares of land. It consists of 315 multi-type borey homes. There are three types of boreys at Leshen The Lord Garden, ranging from two to 3.5 stories. These homes are 4.2 to 4.5 metres wide and 14 to 17.9 metres long, all with their own distinctive designs and characters.  The borey section of Leshen the Lord Garden has a floor area of approximately 56,000 sqm and covers a site area of more than 37,000 sqm. The design aims to give the example of low density and high comfort residence. Its units start from $880-$1000 per sqm, or a minimum total of $110,000.Units at Leshen The Lord GardenEach unit at Leshen The Lord Garden project is well-thought, to make sure that the high quality of construction is reached and the relaxing experience of buyers is guaranteed, with high quality decorations, stylish kitchens and modern appliances equipped bathrooms. A great addition to this project’s design is that the ground floor of every borey house can be used for commercial or retail which provides easy access to the residents, leveraging the experience of living in the Leshen The Lord Garden to a greater level. The project is set to be completed by the end of 2020.High standards guaranteed at Leshen The Lord Garden Leshenwe (Cambodia) Real Estate Development Co., Ltd, is committed to providing its customers the best out of their hard earned money that means it is strived to provide them with the highest quality of their loving homes. The comfort and memorable experiences of its customers are the main considerations of its projects, to assure that, the company hired the best design company with many years of experience designing big projects to design Leshen The Lord Garden.  Also to make sure the high quality standards of construction are met, the Leshen The Lord Garden project has been closely monitored by experts from the Cambodian government at every step of the construction. Leshen The Lord Garden’s project B set for openingWith huge success and great supports of Leshen The Lord Garden’s project A, Leshenwe (Cambodia) Real Estate Development Co., Ltd, has announced last week that units in its Leshen The Lord Garden’s project B are up for grabs. The sale of the Leshen The Lord Garden’s project B was officially opened on August 25. The grand opening of project B was attended by representatives from both partnered companies, government officials and potential buyers.  As of now, with unique, sleek designs, high standards of construction with good quality materials, the company has sold more than 85 percent of its luxurious residential homes in the  Leshen The Lord Garden’s project A, according to Mr. Chuan Li, the company’s marketing manager. He added that the construction of project A has completed about 70 percent. The company predicts the same result for its project B, given the great support it received in the first project due to the reputation the company has built and the commitments it has to provide its buyers the most loving and comfortable future homes where the families can cherish every moment together. To learn more about the main types of housing in Cambodia, refer to our Cambodia expat guide.

SingMeng TV is one of the best HD TV providers in Cambodia. Today, fiber internet technology is becoming more powerful than ever. SingMeng TV is the first TV solution working directly with a fiber internet connection. This new TV generation will provide you the latest technology, experience and convenience on the market. What makes SingMeng different from other TV providers? A real HD TV viewing experience, anytime and anywhere with your fiber connection.More than 120+ live TV channels and hundreds of movies and dramas on demand for your home with the best of both Khmer and international entertainment. Time Shift Program system that allows you to watch past programs for up to seven days! Direct access to YouTube, YouKu & iQIY Apps from your TV. Multilingual intuitive and interactive interface. How does it work? SingMeng TV works with any fiber internet provider in Cambodia. You just need to connect your fiber internet cable to our set top box and our team will provide you full support for the installation. *SingMeng TV solution without set top box is available for premium hotel and condo buildings. How much is SingMeng TV? SingMeng TV is available for $8.80 per month (VAT included).  You will get full access to our Video on Demand, streaming and our multiple functions as well as more than 80 channels. Additional packages are also available, like Premium Chinese, HD or sport channels.For more details: http://smtelemedia.com/About SingMeng Telemedia: SingMeng Telemedia is a Triple Play and High Quality Broadband Service provider in Cambodia.They provide Fiber High Speed Internet solutions (Home, Business and Corporate), Multi-media solutions (OTT TV, Smart community, Mobile TV App) and Voice solution (VoIP) as well as a large range of high quality broadband connectivity’s solutions for business and corporate.Customer Service: 096 6661 888/089 966 888SingMeng Website: https://smtelemedia.com/SingMeng Facebook: https://www.facebook.com/singmengcambodia/#SingMeng #SingMengTV #FiberInternet

Cambodia’s most popular real estate website has announced yet another property expo at Phnom Penh’s NagaWorld complexThe Realestate.com.kh Expo 2019, set for October 4 and 5 at the NagaWorld Resort, is the fifth major expo put on in the Kingdom by Realestate.com.kh. Over $100 million in property has been sold at past events, with around $30 million changing hands at last year’s event alone.This year’s event is set to be sponsored by international logistics giant ZTO Express.All the biggest names in boreys, condos, land, law, agencies, construction, architecture and home decor will be on hand. It will be the most important real estate event the country has ever seen.Also joining the event are Aru-Me Metal Co., Ltd., Baoli Mansion, Bel Air, C-Herald Property Service, CPZY Development, Creed (Zelkova), HuaYe Real Estate Investment Limited, HYO International, KH Land, La Vista One, MAA Architecture & Design, Morgan EnMaison, Morgan The Pure Bay, Morgan Tower, New Landmark, Pafillia Property Developers, Prince Huan Yu Real Estate (Cambodia) Group, Prince JinJia Real Estate (Cambodia) Group, Prince Real Estate (Cambodia) Group, R&F, TCC, Toul Kork Lane, Unicom SciencePlastic (Cambodia) Co., Ltd, Urban Village, Victory Bay and Yi Fung Real Estate.Benefits of joining Realestate.com.kh Expo 2019The Realestate.com.kh Expo will bring in thousands of local and international property buyers. Most importantly, these people will be ready to buy now. In addition to this amazing pool of buyers, exhibitors can also expect to rack up hundreds of sales leads that will continue to pay off as the year unfolds. Branding is another key reason businesses are joining the show. Exhibitors will become known as leaders in the local property market. Indeed, the show will bring the chance to network with all the biggest names in every corner of the sector. Media outlets sign on to promote the eventMarketing the huge event has already to pick up speed. Realestate.com.kh has signed up the biggest names to help spread the word about the once-in-a-lifetime show.Chinese heavyweights 58.com and Fang.com are set to attract thousands of international investors to the show. Meanwhile, local media partners will pull in hundreds of expats and Cambodians in the country who are shopping for real estate. Names include Property Area Asia, Fresh News Asia, EuroCham, Biz Khmer, Thmey Thmey, Business Cambodia, The Cambodia China Times, Forward Asia, Khmer Times, Nice TV, Gold Zone Media, Grep Tech, B2B Cambodia, Angkor Today, CTN, Khmer Load and My TV.But space is limited at this spectacular event. If you or your company is interested in sponsorship, booth space or advertising with the event, contact Realestate.com.kh now!Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305 Tyler Stuart (English)tyler.stuart@realestate.com.kh+855 12/81 599 669 Or, for more details visit the Realestate.com.kh Expo 2019 homepage!

Mortgage loans in Cambodia continue to surge this year, according to Credit Bureau Cambodia (CBC). The credit body’s consumer report showed that outstanding mortgages hit $3.42 billion at the end of June.CBC’s data showed that loans have increased by 30 percent from the same time last year. Mortgage loans make up over 47 percent of the total consumer credit in the country, which hit $7.16 billion at the end of June.Mortgage customers are also growing, albeit at a somewhat slower pace. CBC’s document noted that there were 131,376 mortgages at the end of June. This represents an increase of 19 percent over June of 2018.So Phonnary, executive vice president at Acleda Bank, said that the 30 percent growth of mortgages is positive for the industry. She claimed that opportunities for homeownership are expanding as incomes rise and the economy develops. “We are seeing more growth in the mortgage industry. But, at the same time, we are always careful about development and we mitigate risks by balancing loans across many sectors.”According to Phonnary, Acleda’s housing loans, home improvement loans, and real estate loans together hit $273 million at the end of June. This sum was held by 7,913 customers at that time.While loan terms differ from one bank to another, she said that annual interest rates have, on the whole, fallen. Phonnary attributed this to greater competition in the marketplace.Cambodia upgrading to more comfortable lifestyleNuon Rithy, chairman and CEO of Khmer Appraisal Foundation (KFA), said that there has been good cooperation between the financial and real estate sectors in Cambodia. The two industries, he said are growing rapidly in parallel.Rithy reflected on the changing demographics of the country, adding that more people are entering adulthood and wanting to live more independently than their parents did. “Before, when people had lower incomes, the biggest concern was having enough food to eat … Now people have higher incomes and they want to upgrade to a more comfortable lifestyle.”Even those who could already afford to own a home are now upgrading to larger homes, or homes in better locations, he said.Officials concerned over high-interest mortgagesOne caveat to the CBC’s report, however, is that it only accounts for mortgages taken through financial institutions. It is very common in the Kingdom to enter into a payment plan with the home’s developer. This is particularly popular for boreys, the landed homes that are usually built in large subdivisions. The popularity of developer-issued mortgages has exploded in the Kingdom over the last few years. Typically, these are 25-year contracts and rarely require down payments. Though these mortgages initially appear attractive to buyers, interest rates can often double or triple the sticker price of a home. Meanwhile, Cambodia’s banks usually require down payments of at least 30 percent and involve lengthy checks on credit history and repayment ability. Interest rates for these mortgages clock in at around seven to 12 percent.Late last month, an official from Cambodia’s central bank expressed worry over high-interest loans in the Kingdom, warning buyers to carefully consider a mortgages rate before signing.To learn more about Cambodia's changing demographics, read the demographics section of our Investment Guide 2019.Article by:

The FIRST B&R ENGINEERING BUSINESS MATCHING will be held on August 22, 2019, at the Cambodiana Hotel in Phnom Penh, hosted by the Engineering & Home Procurement  Association (Cambodia)Cambodiana HotelIt is going to bring together a large number of Chinese-funded enterprises, including HGB Group, Realestate.com.kh, 58cam.com, Fujian Construction Material & Furniture Commercial Association, Fujian Real Estate Commercial Association, Office of Fujian Custom Home Industry Association to ASEAN, Fujian Capital Confederation, Wangni Enterprise Group, Tuojie Equity Investment Fund Management Co., Ltd., Zizuan Investment Management Co., Ltd., Yaojie Asset Management Co., Ltd., Hongding Commercial Real Estate Co., Ltd., Jiujie Home Technology Co., Ltd., KVBC Global Trade Center and many more.Focusing on general aspects of real estate, 35 prestigious enterprises from mainland China, Hong Kong and Macao have been selected to present at the show. These companies cover more than 13 industries, such as ceramics, waterproof material, lighting fixtures, wallpaper and furbishment, glass and stone, classic furniture, intelligent device and architect. Meanwhile, experts from the Cambodian real estate sector will provide inside analysis of the local housing market, as well as their experiences of success in project operation.Many real estate developers have agreed to join the exposition. Many participants are involved in local projects worth at least $800 million, most of which expect to be completed or break ground next year.Every exhibitor at the expo will automatically become a member of the Engineering & Home Procurement Association (Cambodia) for free. The association will regularly invite developers to their group inspections and other activities, through which their members can cooperate with the organiser to promote information about project procurement to requesters.Espousing a mission to boost competitiveness among its members, the association will interact with the government, real estate associations, major chambers of commerce and industry organisations to achieve mutual benefits through various forms of cooperation such as resource integration, information sharing, coherent marketing campaigns among members.The FIRST B&R ENGINEERING BUSINESS MATCHING will be held for one day, and will consist of sessions including product presentations, business banquets, industry forums and other activities. Officials from relevant government departments will be invited to the opening ceremony of the event.The booths at the expo will be laid out by regions where the exhibitors come from rather than industry sections they belong to. Thus, the enterprises of same or relative category are reasonably dispersed in different groups. This professional arrangement can effectively guide buyers to every exhibitor for unimpeded information exchange before closing a deal.This exclusive event will bring high-standard hospitality at a reasonable cost. It is a good chance to reach high-profile leaders in the sector. A dinner party as the epilogue of the event will surely build a good rapport for further connections among participants! If you're interested in learning more about real estate in Cambodia, be sure to browse through our Investment Guide's overview of the Kingdom's real estate sector. Look for real estate for sale in Phnom Penh now!

Huangshan International is a newly inaugurated high-end mixed-use project in Phnom Penh by Huibang International Investment Group. It consists of residential condominiums, offices, and star-rated hotels. It comes with catering services, leisure & business centre, which is set to add some uniqueness and refinement in the real estate market of the Kingdom of Cambodia.Huangshan International will definitely be an excellent choice for the Cambodian people, expatriates and visitors to Phnom Penh from all over the world for its various functions and strategic location. Every unit in Huangshan International is designed to simply fit in hotel rooms, offices, apartments and more.Sitting in the heart of the Bassac community, this development has a lot of potentials and that means it could bring a high return on investment to buyers. Because this area might become the ‘Marina Bay’ of Phnom Penh as some people believe, it is becoming more attractive to expats, tourists and young Cambodians for its amazing nightlife. The 47-storey tower will stand on National Assembly Street, adjacent to the Parliament of Cambodia and embassies of many countries. Within 5 minutes walk, you will reach some of the most remarkable landmarks of Phnom Penh city such as the Royal Palace, the Riverside, the Independence Monument and many more. And the neighbourhood is home to many top-tier hotels and the city's largest shopping mall, the AEON 1.This project is home to a wide range of residential unit types from studio apartments to 4-bedroom and 6-bedroom luxury penthouse, sizing from 46-227 sqm, among which one or two-bedroom is the majority. The apartments will be turn-key homes that come with international high-quality decoration and home configuration to serve different sizes of families or those who live by themselves Unit price starts from $2,574 per sqm.More importantly, Huangshan International will be built in a structure of concrete core wall and column grid, and non-shear-wall that can support an ingenious floor plan for flexible adaptation for various purposes. Each floor is 3.3 meters in height, available for multiple-purpose use. The building is equipped with six high-speed elevators for passengers and one specially designed for vehicles that will effectively ease the general traffic inside the complex.The top floor is the highlight of the building, which features an exclusive club. It is a duplication of the classic Huizhou design that is a new concept to Phnom Penh. It provides tailor-made in-house leisure services at the salon, tea house, kitchen and even the theater. For more Chinese style way of living, you may even enjoy the physical charms and spirits traditionally derived from the southern bank of the Yangtze River in the landscape garden or at a traditional Chinese therapy club here.The property will be managed by the Huipai Golden Key established by the developer. Their excellent services include housekeeping for overseas owners. Of course, there will be 24-hour security, security cameras and alarm system to ensure the residents’ safety and peace of mind. The Huipai Golden Key is determined to deliver high-quality property service that resembles the Fairmont Peace Hotel in Shanghai.Huibang·Huangshan International hosts 670 residential units and is developed by Huibang International Real Estate Development Co., Ltd., a subsidiary of Huibang International Investment Group. It is expected to be completed by the end of 2023. It offers 9 types of refined apartments on global sales!The showroom is located on 168 National Assembly Street, Sangkat Bassac, Chamkarmon District, Phnom Penh (next to Huangshan Hotel).For more information: please call us now +855 92 92 1000 or email: info@realestate.com.khStay 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.

Phnom Penh is a diverse and dynamic city that has so much to offer. However, it’s clear that the capital is lacking in parks and other public spaces. There are only a couple of areas of the city where people can gather and socialise. These include strips along the riverside, Preah Sumarit Boulevard and Russian Federation Boulevard. These places fill up quickly as soon as the sun goes down. Children come to play games, teenagers ride skateboards and adults exercise by playing badminton or doing dance aerobics. Indeed, the popularity of these areas in Phnom Penh shows there’s high demand. People want to get outside and participate in activities. It goes without saying that playgrounds and public parks play a vital role in the social life of local communities. They promote both mental and physical wellbeing. Public spaces go privateWith these benefits in mind, many real estate developers are including communal spaces in their designs. Many of the most popular developments in the capital include retail space and landscaped plazas. Names such as Urban Village have gone even further by including playgrounds and activity spaces in their complexes. These all tend to be community-focused in nature. The real innovators are providing the maximum amount of public access in order to ensure the best results for both the residents and businesses that call the building home.Despite suffering from a scarcity of public spaces, privately-funded areas in Phnom Penh are stepping in to shape the development of the city. These spaces are fulfilling the need for people to socialize and help establish communities in their part of the city. And it’s not just the residential developments reaping the benefits, either. Shopping malls are cashing in by creating public spaces adjacent to retail shops. Toul Kork’s TK Avenue and the upcoming Noro Mall are two prime examples of this. Everyone has heard about the massive floods that have hit Sihanoukville over the past few weeks. Just next door, in Thailand’s capital of Bangkok, public parks are a lynchpin of their flood defense strategy. Studies show that trees significantly reduce the heating effects of dense cities and can reduce ambient temperatures by as much as 15 degrees. Three ideas for improving public space in the capitalPhnom Penh-based architecture and design firm COLE is interested in pushing forward the development of public spaces in the city. With all the above issues in mind, COLE has drawn up three (slightly off-the-wall) ideas for creating more green space in the capital: 1. Open up temple groundsImagine removing the walls around these magnificent temples and replacing them with trees. You could give people great places to sit and enjoy the bustling street life.Check out the map above where we plotted some of the biggest pagodas in the city. Opening them up would ensure that almost every neighbourhood has its own dedicated public space.2. Create pedestrian streetsStreet 240 would make a great pedestrian priority zone. This could be done by creating a green walking loop between the Royal Palace and Independence Monument. Tourists and locals alike would relish the chance to stroll between the two sites.3. Make a unified Embassy DistrictCreating a new Embassy District would free up prime land which is already landscaped. This would add both pocket parks and large centrally-located parks for all Phnom Penh residents to enjoy. Another benefit of creating a new Embassy District would be the rejuvenation of an outlying area of the city. It would bring more people, and business there would flourish.Interested in design and architecture in Cambodia? Read David Cole's last guest article on the rise of coworking spaces in Cambodia.David Cole is the founding partner of Building Trust International and principal at COLE, an architecture and design practice with offices in Phnom Penh.

Early this month saw the launch of a project that is set to become a landmark of Cambodia’s capital.On August 2, Huibang Huangshan International was launched with an event at Phnom Penh’s Huangshan Hotel. The dinner event was presided over by Oknha Hun To, Oknha Chea Soeun, Mrs Hun Kim Leng and several other high-profile guests. The elegant event was styled around an aviation theme as the nearly 300 guests crossed the “runway,” passed through a “boarding gate” and were greeted by flight attendants. Mr Chao Shen, the executive chairman of Huibang International Real Estate, gave the evening’s address. “We are pushing forward a new path for real estate development in Phnom Penh. We aim to bring more international-grade and high-quality spaces for tens of thousands of families,” he said, adding that Huibang Huangshan International will spearhead this new concept.Details of Huibang Huangshan InternationalThe newly inaugurated project sits in a blossoming area of the capital. Squarely in the Tonle Bassac neighbourhood, the residence is surrounded by the Australian Embassy as well as tons of international amenities, restaurants, and residences.  All the major tourist attractions of the city are within arm’s reach. These include Independence Monument, the Royal Palace, National Museum, Wat Phnom, Central Market, Russian Market and Tuol Sleng Genocide Museum. There are also six major state institutions in the vicinity.As if that weren’t enough, there are also plenty of high-end supermarkets, luxury hotels, international schools, and hospitals in the area. Diamond Island, one of the most quickly growing business hotspots, is right next door.Amenities outside are matched by superb facilities inside as well. Huibang Huangshan International boasts a massive lobby, huge parking lot, swimming pool, fitness room, restaurants, KTV and high-end clubs. All these things add to the lifestyle standard for the building’s residents. Learn more by visiting the Huangshan International property listing here.Learn more about the industries that make up Cambodia's economy in our Investment Guide 2019.

Cambodian brick prices have been stable over the last 18 months. Industry insiders say that supply has finally caught up to rising demand, which caught the industry off guard in early 2018.According to Chheang Suyheang, a representative for over 100 brick kiln owners in Kandal province’s Mukh Kampul and Khsach Kandal districts, prices haven’t risen significantly since early last year. Suyheang said that bricks in Kandal province, the Kingdom’s main region for domestic masonry, are currently going for $400 per 10,000.This price, he said, has remained the same for over a year. In early 2017, however, 10,000 bricks were going for just $180. That figure rose to $300 by late 2017 and jump to $400 in March of last year. According to Suyheang, the spike in demand came from huge construction orders out of Sihanoukville, Kampot, Phnom Penh and Poipet. “Many brick kiln owners have expanded production as they see growing demand. Those who used to have only two kilns now have four. Those who had four now have six,” he said, adding that they have kept prices low to compete with brickmakers from Vietnam. Suyheang estimated that there were currently around 300 brick kilns in Cambodia, each capable of turning out at least 100,000 bricks a day.Cambodia still reliant on importsCambodia has seen a massive influx of foreign direct investment (FDI) over the past few years. Indeed, the real estate, construction and hospitality industries are some of the main recipients. The brick industry has benefited from a building boom that has seen new shopping malls, office blocks, condo towers and more.During the first six months of this year, the Ministry of Land Management, Urban Planning and Construction (MLMUPC) approved over 2,000 construction projects with an estimated investment value of more than $3.3 billion.Residential and commercial projects made up the largest portions of the approved projects, accounting for $1.5 billion and $1.07 billion, respectively. Chiv Sivpheng, general manager of the Cambodia Constructors Association, said Monday that economic stability, FDI and real estate progress have all contributed to the growing demand for construction materials. He noted, however, that Cambodia was still heavily reliant on imports for other construction materials such as steel and interior fixtures.“We want to see our local production grow stronger so that we can produce more things domestically and become less reliant on imports.”Learn more about the industries that make up Cambodia's economy in our Investment Guide 2019. Article by:

The Gateway complex in Phnom Penh’s Toul Kork has hit a turning point. Recently, construction of the top floor was completed. Handover is expected in December of this year and 80 percent of the buildings are already sold.To commemorate this final stretch to the finish line, The Gateway is offering a special offer to those who stop in to their sales office. Until the end of this month they are offering a massive 3 percent discount. Don’t miss it!This amazing mixed-use complex sits right off the capital’s bustling Russian Boulevard. It’s is tailored to the on-the-go lifestyles of international business moguls. The complex spans both a 36-storey office tower with 299 strata-titled units, and a 39-storey condo tower with 572 units.Condo units range from one to three bedrooms or 52 to 110 square metres in size. Prices start at just $167,000. When considering all the amazing features this building has, that’s a great deal. Owners have access to a two-storey retail mall, massive office tower and so much more. The Gateway is nearing completionFor those following along on the action, The Gateway is receiving its finishing touches as we speak. Construction on the top floor recently concluded and interior construction is finishing up. Around half of the exterior glass is already in place. The interior design of all the common areas is moving ahead full steam. These facilities are some of the best luxuries you’ll find in the city. There’s a fitness centre, tranquil swimming pool, luxurious lobby, sauna, communal gardens and plenty of lounge space. Indeed, The Gateway is on the final stretch. Handover is expected to begin in December of this year. Full owner transfer is set for just one or two months after that. Units at The Gateway selling fastPeople have seen the benefits of this spectacular building complex. Around 80 percent of the condo units here are already sold. There are less than 100 units left, which isn’t a lot. After they’re gone, owners are sure to hold them for years and years.Now is your chance to get a piece of this property with an amazing discount. After the news breaks about the coming handover, these last few condos will sell out quickly.Stop into The Gateway’s sales office today to hear about their amazing promotion to commemorate the coming completion. If you're interested in learning more about real estate in Cambodia, be sure to browse through our Investment Guide's overview of the Kingdom's real estate sector. Look for real estate for sale in Phnom Penh now!

The news is out about the Realestate.com.kh Expo 2019 and companies are jumping to join. Exhibitor spots are selling fast for what is set to be one of the biggest property events in Cambodia’s history. Read on to see who’s already signed up, what benefits exhibitors get and all the details about the October show.Sponsored by ZTO Express, The Realestate.com.kh Expo 2019 is set to take place on October 4 and 5 at Phnom Penh’s NagaWorld. This is the fifth major property show put on by Realestate.com.kh and is set to be the best yet. Over $100 million in property has been sold over the course of Realestate.com.kh’s previous expos, with over $30 million worth of property sold at the same event last year alone. The company expects to push this number even higher and break its own record with this latest event.Top reasons to join the expoThe Realestate.com.kh Expo will attract thousands of real property buyers. Here are the top reasons to be an exhibitor:Access to over 10,000 local home buyers and regional property investors who are ready to buy now! Generate hundreds of sales leads for your sales team to follow up after the show Supercharge your companies brand as one of the leaders in the marketNetwork with all the biggest names in Southeast Asia real estate.Join the biggest names in real estate! Join the biggest names in Cambodia real estate, construction, law, design and moreLeading condo developers already onboard the expo include Prince Real Estate (Cambodia) Group, R&F Cambodia, La Vista One, Bel Air, Victory Bay, Morgan Tower, Prince Huan Yu Real Estate, Le Bassac, Urban Village, M-Residence, New Landmark and Prince Jin Jia Real Estate Group. The countries favourite borey and plot land developers are also returning for 2019 in Creed, Orkide Villa, CPYZ Development and KH Land. International Top Agent, Yi Fung Real Estate and C-Herald headline the real estate agencies & property management companies on for the event while, Aru-Me Metal Co Ltd, MAA Architecture & Design and Unicorn Design Plastic have also joined. Big property names from across the globe are also signed up with Pearl Bay Consulting bringing developers from Australia, America, Canada and the Caribean. The hot market of Cyprus is also well represented with developers Aristo and Pafilia joining. The biggest local and global media partners are supporting the expo Chinese heavyweights 58.com and Fang.com are set to attract 1000’s of international investors to the event. While local media partners will be focused on attracting 100’s of expats and local Cambodian buyers: Property Area Asia, Fresh News Asia, EuroCham, Biz Khmer, Thmey Thmey, Business Cambodia, The Cambodia China Times, Forward Asia, Khmer Times, Nice TV,, Gold Zone Media, Grep Tech, B2B Cambodia, Angkor Today, CTN,, Khmer Load and My TV.Prices set to rise this week on August 16Make sure to contact Realestate.com.kh today if you’re interested in participating in the show. Prices for booths go up on August 16, so if you want to get the best deal, contact us now.To learn more about booth and sponsorship options contact:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305 Tyler Stuart (English)tyler.stuart@realestate.com.kh+855 12/81 599 669  Or, to read more visit the Realestate.com.kh Expo 2019 homepage and sign up for free express entry.

Realestate.com.kh is excited to announce the fifth iteration of its hugely successful expo series. The company expects to push the local property sector to new heights with the latest show, the Realestate.com.kh Expo 2019.Taking place at Phnom Penh’s NagaWorld on October 4 and 5, the event will host businesses and professionals from every corner of the real estate industry. Of course, developers of boreys and condos will be there. Also in attendance will be land dealers, real estate agencies, law firms, banks, construction companies as well as architecture and design firms.All the major players of Cambodia’s real estate industry will be there. What’s more, most will be offering their most significant discounts and promotions of the year. The event is your chance to shop for the best deals on condos, boreys, land and more all in one place. Don’t waste your time driving all over the country when you decide to buy real estate. Come to the Cambodia Real Estate Expo 2019 to save yourself time and money.Over $100 million and counting at Realestate.com.kh’s exposThe Cambodia Real Estate Expo 2019 follows as the latest in Realestate.com.kh’s series of groundbreaking shows. Exhibitors sold nearly $100 million worth of property throughout the last four expos. Over 35,000 people have attended past Realestate.com.kh expos. Cambodia’s leading property portal expects its next event to continue this growing trend. Realestate.com.kh anticipates over 50 exhibitors will join this year’s event. These will be the most prominent names from Cambodia, across the Asean region and all over the world. The company also expects attendance to be well over 8,000 people. By all accounts, this show is set to be the biggest real estate sales event of the year. There will also be thousands of leads generated at the show. Be a part of the Realestate.com.kh Expo 2019While Realestate.com.kh’s events usually attract a substantial local audience, buyers, experts and investors from all over Asia are expected to attend. There will be many from China, Malaysia, Japan, South Korea, Australia, Europe and many other areas all around the globe.For businesses operating in any industry associated with real estate, this will be the event you need to be a part of in 2019. It will be the best chance to boost your marketing and surpass your yearly sales numbers.There will also be seminars given by leading experts in the real estate community. They will be on hand giving talks about a range of subjects spanning legalities of real estate, government policy, investing and more. Speakers will deliver seminars in Khmer, English and Chinese throughout the two-day event. Headsets will also be provided for translation so attendees will be able to learn from every single speaker.If you’re interested in booth space call:Nin Kang (Chinese/Khmer)nin.kang@realestate.com.kh+855 78 637 323 / +855 93 552 305Tyler Stuart (English)tyler.stuart@realestate.com.kh+855 12/81 599 669 Go to the Realestate.com.kh Expo 2019 website now to sign up for free express entry.

According to Euromonitor International’s Top 100 City Destinations 2018 report, Bangkok is the world’s second most visited city following Hong Kong. Real estate in Bangkok is considered more valuable than other major cities in Asia such as Singapore and Shanghai, according to CBRE’s fifth annual global living 2019 report.Of all the skyscrapers in Bangkok, King Power Mahanakhon is one of the largest mixed-use developments and the second tallest building at 78 storeys. Standing 314 metres high, it is just four metres shorter than the recently completed Magnolias Waterfront Iconsiam Residences with 318 meters. King Power Mahanakhon is an icon of ThailandKing Power Mahanakhon officially launched in 2016 and welcomes a large number of national and international tourists every day.Located in the heart of Bangkok’s Sathorn and Central Business District, the freehold residences are situated on the 23rd to 73rd floors of the iconic building. Units range from two to four bedrooms, with sizes from 135 square metres to 447 square metres. Steps away from Chong Nonsi BTS station, the opportunity to own a residence in the prestigious prime location is now available to those seeking an elegant urban lifestyle.King Power Mahanakhon, Thailand’s iconic landmark destination recently opened its doors to brand new super-luxury show units at The Ritz-Carlton Residences.Units in the tower feature world-class bespoke interiors crafted by David Collins studio. Luxurious facilities include a 54th-floor Residential Club Lounge where owners can enjoy a library, bar, dining area, kitchen, lounge area, boardroom and TV room. Owners will also have access to a fitness centre, swimming pool, private cinema, mini-bar, billiard room, game room, and children’s room among other leisure amenities located on the seventh floor.Marc Begassat, managing director of King Power Mahanakhon said: “It is truly a unique opportunity to own a residence within an iconic landmark, in one of Thailand’s tallest buildings. As we continue to create a destination that combines exceptional hospitality, award-winning cuisine, and world-class attractions, we look forward to offering owners a prestigious urban lifestyle experience that can only be found at King Power Mahanakhon.”Within the same iconic building is the Mahanakhon skywalk, Thailand’s highest observation deck, three levels of retail shops and the Mahanakhon Bangkok SkyBar, Thailand’s highest restaurant and bar. In the next phase, the world’s first Orient Express Hotel will also be making its debut at the landmark destination, with signature dining venues including Mott32 and Mahanathi by David Thompson.In regard to prices, available units at The Ritz-Carlton Residents are selling for $1.3 million per unit or over $10,000 per square metre.A similar mixed-use building is found in Cambodia’s capital of Phnom Penh, where it is known as Rosewood Hotels and Resorts, occupy the top 14 floors of Vattanac Capital, Cambodia’s tallest building. If you're interested in learning more about real estate in Cambodia, be sure to browse through our Investment Guide's overview of the Kingdom's real estate sector. Look for real estate for sale in Phnom Penh now!

The amount of office space in Phnom Penh has continued to increase over the past year. This is due in part to the growing number of foreign companies setting up shop in the Kingdom. According to a new report from real estate services firm CBRE, centrally-own office space in Phnom Penh reached 359,300 square metres at the end of June. This represented an increase of 12 percent from 320,900 square metres, where the total stood at the same time last year.CBRE’s senior analyst, Kim Kinkesa, told Realestate.com.kh that there has been an increasingly strong demand for quality office space in Phnom Penh in recent years.She added that despite the rapid growth in office supply over the last 12 months, quick uptakes have kept the occupancy rate high. It has stayed above 85 percent, in fact, over the previous four quarters.“A majority of the inquiries we have received over the last 12 months have been from international companies from China, Singapore, Japan, Malaysia and other countries in the Asia- Pacific region,” Kinkesa said, adding that most companies come looking for offices between 100 and 300 square metres. “The net uptake of office space in the first half of 2019 was approximately 6,500-square metres, more than twice the uptake of the same period last year, which was around 3,100 square metres.” The company’s report breaks down office space into grades A, B and C. According to Kinkesa, while grade C office space has the lowest vacancy rate at just seven percent, demand is shifting toward grade B office space. Both international and local companies, she said, want better quality spaces that are safer.Just as the supply of office space is growing in the capital, the amount of strata-titled space is also increasing, according to the CBRE report. Similar in concept to a co-owned condo building, strata-titled office space first appeared in Phnom Penh last year. Currently, there are just over 40,000 square metres of strata-titled office space in the capital. However, the total is expected to reach nearly 100,000 square metres by the end of this year. Experts in the industry are even predicting that the supply of strata-titled space will hit 600,000 square metres by 2022.The Cambodia Chamber of Commerce (CCC) Vice President, Lim Heng, said that the continuing growth of office space in Cambodia reflects growing business activity in the country as foreign direct investment (FDI) keeps flowing in and new companies keep establishing themselves in the Kingdom.“Cambodia’s investment environment remains attractive, and we get news about new companies setting up shop almost every day,” he said.Heng added that many Chinese manufacturing operations have moved their domestic factories to other parts of Asia, including Cambodia, to avoid recent tariff hikes imposed by US President Donald Trump. This, he claimed, has driven up demand in the Kingdom for both industrial and office space.Not included in CBRE’s figures are data on coworking spaces in Phnom Penh. Popular with young startup companies, these spaces offer up small working areas, usually by monthly or daily rates. Coworking environments have grown in popularity over the last few years. There are several in the capital, including The Factory and ImpactHub. Indeed, many in the industry think that coworking spaces are filling a gap in the current market for low-cost office space, even as demand grows at the top end of the market. To learn more about coworking spaces in Phnom Penh, and across Cambodia, log on to Realestate.com.kh’s guide page where there is a full list of all the coworking spaces in the country.If you found this article interesting, you'll love our Investment Guide 2019: Property ownership briefing. Browse through or download your copy now.

Human resources are the foundation of the economy, especially for developing countries. Across the globe, experts have noted the remarkable growth of China over the past three decades. The country went from an agrarian nation to a global powerhouse in a short span of time. One key factor in this amazing growth was a young and adaptive population. However, now that China’s average worker is over 40, the growth is slowing. It’s no surprise that Chinese real estate investors are turning their attention to new areas. In particular, areas that can attain the same quick growth that China did. Cambodia is firmly in the spotlight. According to data from 2017, Cambodia has a population of around 16 million. The average age at that time was 27, and those under 34 accounted for 70% of Cambodian citizens. Meanwhile, the population is growing by around 1.5%.Therefore, it is believed that Cambodia is in a golden age of economic development. This comes, in part, because of its young and capable workforce. In just a few years, most Cambodians will be at the peak of their working years. That means the economy will be moving at full throttle. Prince International Plaza sits in the heart of the capitalPhnom Penh, the capital of Cambodia, has visibly become a hotspot for overseas investors. According to the data from the Ministry of Construction, the number of available apartments in Phnom Penh, including the newly completed, was nearly 30,000 at the end of 2018. It is estimated that the population of Phnom Penh will increase to seven million by 2030, which means that there will be a great demand for residential property.At present, the price of an apartment is around $3,000 per sqm, and the rental return rate is around eight to 10 percent. Based on the difference between supply and demand, the occupancy rate of apartments can reach as high as 95 percent.So, it is likely to see a considerable long-term rise in apartment prices or rental rates when considering the above factors. The place hitting all the marks is Prince International PlazaPrince Real Estate is a brand that is bringing high-quality properties to the Kingdom. Being dedicated to becoming a leading company in Cambodian real estate industry, a supporter and provider of quality life, Prince Real Estate Group has been creating several landmarks since its establishment in 2015. So far, the group has invested more than US$2 billion. Holding a land reserve more than 12 million square metres, the group will see expanding investments of up to US$6 billion over the next decade.Prince International Plaza, one of the multiple development projects by the group, is in the market for buyers who are up for a home with commercial opportunities.Prince International Plaza is located along Russian Boulevard, one of the most important main roads in the capital. This prime area shares the borders with Sok Sen, Tuol Kork and Meanchey districts. The Phnom Penh International Airport and railway station can be reached by car in less than 15 minutes from the plaza, which is also close to the Prime Minister's office, the Ministry of Commerce and City Hall.Prince International Plaza is a mixed-use complex that provides 5A offices, condos, apartments and a ring of business spaces hosting flagship retailers. It's not only a residence but also a commercial centre with recreation and leisure services. Amenities surround the Prince International Plaza complexMany important city facilities are within a few kilometres of Prince International Plaza. These include Makro wholesale market, TK Avenue as well as educational institutions like RUPP and the Institute of Foreign languages. There are also quality hospitals like the Royal Hospital of Phnom Penh and the National Children’s Hospital.Set to be one of the top commercial centres of the city, the 35,000-sqm commercial section of Prince International Plaza spans the first three levels of the complex. It hosts a massive supermarket, IMAX digital cinema, large fitness club, a number of featured restaurants and bars, game centre and playground. This centre allows residents to enjoy every minute of their lifestyle without needing to travel. It will also attract affluent people from all around the city. On top of those amazing features, Prince International Plaza also hosts a fitness club and infinity pool. It’s the perfect place for residents to relax and unwind after a long day at work. Of course, the entire complex is outfitted with a 24-hour security system. This gives all residents pure peace of mind.But what are the units like at Prince International Plaza?The units at Prince International Plaza range from 50 to 157 sqm. This provides many options for either homes or investment options. Every apartment is laid out to be a luxurious home with a full set of modern appliances and the most fashionable interior designs tailored for elites. With top-tier amenities, a prime location and a reputable backing brand, it’s no surprise that units at Prince International Plaza are already selling like hotcakes.Don’t miss your chance. Don’t wait until the prices climb high or all the units have been sold. Guide's overview of the Kingdom's real estate sector. Look for real estate for sale in Phnom Penh now!