Japanese government-backed Japan Oil, Gas and Metals Corp (Jogmec) unveiled plans to step up exploration with another Japanese partner to extract minerals in Cambodia. The move comes after a preliminary study which found a belt of copper and zinc in the area. Despite being just the first step toward a full commercial mining venture, a senior official from the Ministry of Mines and Energy welcomed the news, saying that Jogmec can help to attract more Japanese firms to enter Cambodia in the gas and mineral sectors.According to a Kyodo news report, Jogmec has teamed up with Nittetsu Mining Co for a joint survey on the belt located in the northeastern province of Stung Treng. The Cambodian government granted exploration rights in late April to Nittetsu Mining (Cambodia) Ltd, a wholly owned subsidiary of the Japanese parent firm. In a statement to Kyodo, the firm said that the initial study was undertaken to narrow down potential areas for mineral exploration and that the belt was found last year. Ministry of Mines and Energy Secretary of State Meng Sakthear said Thursday that the process is still at a very early stage. He added that a full feasibility study would take another two to three years, at least.“It is a positive sign, but to be materialized there’s a long way to go,” he said. “Jogmec is like a bridge to help Japanese companies to do business overseas in the gas and mineral sectors. With Jogmec’s help we can show the potential of Cambodia, and attract Japanese firms to explore opportunities here.” Up to now, no commercial extraction has taken place in the Kingdom. However, later this year, two separate gold mines are set to begin operations in the country.The gold mines, operated by Indian firm Mesco Gold (Cambodia) Ltd and Australia-based Renaissance Minerals (Cambodia) Ltd, have already installed processing plants. They are currently on track to start refining extracted gold late this year and next year, respectively. Mesco Gold’s mine is located in Ratanakkiri province while Renaissance Minerals’ is in Mondulkiri.The other major player in Cambodia mining is Singapore-based KrisEnergy Ltd, which operates Cambodia’s offshore Block A. Oil extraction there is expected to begin late this year.For more information on industry in Cambodia, read our full Investment Guide 2019.Article by:

Today, only SingMeng Telemedia is able to provide multiple services under fiber optic network in Cambodia. SingMeng can provide any internet solution plus OTT TV, Phone, and smart community. What makes fiber optic network superior to any other network? Will this year, be the end line for Wireless and DSL network?Broadband connection has gained a lot of popularity over the last few years in Cambodia. There is a massive rise in this service amongst businesses where entrepreneurs want to promote their services and products over the web in quick and convenient manner. Due to high speed internet connection, downloading the files, uploading the video or images and chatting has become quite easy. Users do not find any issue of slow speed nowadays due to latest technology and connection. In last couple of year, fiber optic network has emerged as one of the best connections to provide high-speed access to the web world.ADSL, Wireless, Cable and Fiber Optics are some of the techniques to allow users to access the web world. Nevertheless, when it comes to access web world in high-speed manner then fiber optics is the best connection, which has also changed the way people-using internet in the past. This connection has very thin fibers built of glass that transmit the data and files through a fiber optic network. As the glass, fibers go via low level of reduction and hindrance, the connection becomes highly effective for telecommunication. Now let’s discuss why it is seen as the high-speed connection for condominium and commercial places:Fastest Speed: It is a fastest broadband connection that provides ultra-fast speed. With the use of innovative methods and latest technologies, the connection promises to give users high speed round the clock allowing them to send emails and files in ultra-fast speed. When it comes to compare fiber optics to cable connection & Digital subscriber line (DSL), then one will find that sending data or files is much quicker with fiber network even during peak hours. From live streaming to downloading video, everything becomes faster and easier with this fiber connection.More Reliability: Fiber Optics Network is also quite reliable as compared to cable connection & Digital subscriber line (DSL). Even during the power outrage, the connection remains intact as it is made of glass that required no electricity. It is also difficult for others to hack the network as mostly the system installed in the home of users.Temperature Fluctuation: The best thing with fiber connection is that it resists more temperature fluctuations as compared to cable and Digital subscriber line (DSL). On the hand, fiber optics network can be submerged in water as well without facing any network issue.Cost: It is obvious that when you are getting better services then you have to pay little more. Fiber Optics network is also little expensive as compared to other ordinary connections. However, when users are getting high speed then paying little more cannot be a bad decision. Today businesses are running over the internet and it is only successful when they have high speed and better connectivity round the clock.So keep in mind all the points, it is not wrong to say that Fiber Optics Network is best for those who want high-speed connection with safe and strong connectivity.Today, only SingMeng Telemedia is able to provide multiple services under fiber optic network in Cambodia. SingMeng can provide any internet solution plus OTT TV, Phone, and smart community. Discover SingMeng solutions: http://smtelemedia.com/Read the latest and greatest real estate news on realestate.com.kh today!Click here for current real estate for sale in Phnom Penh and current real estate for rent in Phnom Penh!

The fourth annual Cambodia Architect & Decor Expo kicked off their three-day event with an opening ceremony on Koh Pich Thursday. Around 180 brands and exhibitors have booths set up for the show.The event, jointly organised by ICVeX Co Ltd, Index Creative Village and the Cambodia Society of Architects, will show off nearly every facet of the home decor sector from paint to furniture.H.E. Lao Tipseiha, Secretary of State at the Ministry of Land Management, Urban Planning and Construction, delivered the opening remarks after being introduced by media personality DJ Nana. Tipseiha reflected on the huge progress of the industry over the last year.Also speaking at the opening ceremony were Sin Sochiet, President of Cambodian Society of Architect, and Chinakit Viphavakit, General Manager of the organisers ICVeX Co Ltd.“We believe it is essential for people to feel comfortable at home and in the office, and live and work in a good environment,” said Viphavakit, adding that the theme of this year’s event is “design for better workplace and living”.The event was also backed by Jotun, the official decoration sponsor, Architect ‘19, K Supply, L&E, TOA Construction, Brandex Directory, Construction and Property Magazine, Digital Pages, and Southeast Asia Globe.Need a quick brief on business in Cambodia? Read our Investment Guide 2019

Cambodia's first aquafeed plant will begin producing fish feed and seed this month in Siem Reap and will incorporate US soy into fish feed, according to a release by the project operators.The plant is a part of a whole project called Commercialization of Aquaculture for Sustainable Trade (CAST) which was initially launched earlier this year. The plan is backed by the American Soybean Association (ASA). It is set to run until 2023 and is backed by $17.1 million in funding from the US Department of Agriculture.“CAST will accelerate production of high-demand fish species for the Cambodian market and develop a lasting aquaculture industry,” ASA said in its release issued on May 30. “A key aspect of the project strengthens local production of high-quality feed and fish.”In addition to increasing access to fish seed and feed, the CAST project aims at strengthening links in the value chain – from hatcheries and fish producers to buyers and distributors. It will cover major markets in Phnom Penh, Siem Reap and six provinces along main waterway– such as Kandal, Kampong Cham, Kampong Thom, Siem Reap, Battambang and Pursat.Aquaculture is one of Cambodia’s most important sectors, with production growing by 17 percent in 2017 alone, to reach over 200,000 tonnes of fish. According to data from Open Development Cambodia, fish farming accounts for around a quarter of the Kingdom’s fish supply. To learn more about agriculture and industry in Cambodia, download our Investment Guide 2019.Article by:

The ninth edition of the Cambodia Real Estate Magazine is hitting the shelves and going live this week. This issue brings tons of new and in-depth coverage about the Kingdom’s explosive real estate industry.With tons of news stories, features, profiles and interviews, the latest issue is your best resource for staying up to speed on the sector.Even better, the entire issue is available for free. Get your copy at the nearest real estate agents office, coffeeshop or major hotel. Want a digital copy? Just click over to our website and download it now!The Cambodian real estate sector has been growing tremendously over the last few years. This is evidenced by growing number construction projects sprouting up every day.Insiders have forecasted that, over the next five years, the Kingdom’s property sector will diversify and improve. This will make it one of the most vibrant areas in Asean.  Full of facts and figures, the Cambodia Real Estate Magazine is a must-read for any investors, real estate professionals and anyone doing business in the Kingdom.Download the full magazine now!

Realestate.com.kh, Cambodia’s largest real estate website, has linked up with one of the foremost names in China’s property sector, Fang.com.The move comes as companies both in Southeast Asia and abroad are looking for new ways to connect with China’s massive consumer market. Earlier this week, it was revealed that 1,420 building projects worth a combined $2.7 billion were approved in the first four months of this year by the Ministry of Land Management. That number is up 21% over last year. Read more about the increase in approved real estate projects.Many of these new projects will no doubt be courting international buyers. Indeed, many of Cambodia's newest real estate developments are eager to find buyers in China looking to relocate to Cambodia, find an investment property, or even a holiday home.“Linking up with Fang.com means that Realestate.com.kh can connect property sellers, agents and developers in Cambodia with a massive pool of buyers both in China and abroad,” said Realestate.com.kh CEO Tom O’Sullivan, adding that the joint features would go live on June 10.What is Fang.com?Fang.com is a leading real estate portal based in China. It hosts listings from over 650 cities in 24 countries across the globe. The site averages around 120 million visitors a month and boasts 110 million registered users.Working with Realestate.com.kh means clients in Cambodia will have direct access to this massive pool of customers. Customers that would not have otherwise seen their property, agency or development.Fang.com Overseas Real Estate was established in 2010. Their property listings cover real estate in the United States, Australia, Japan, the United Kingdom, Singapore, Greece, Malaysia, Canada, and much more. It has successfully served more than 200 developers and real estate agencies overseas. New partnershipAs China and Cambodia become more connected through business, it’s no surprise that more and more companies will start collaborating across borders. Needless to say, the partnership between these two real estate portals will be the strongest outlet for anyone aiming to utilise property marketing across both Cambodia and China.Realestate.com.kh and Fang.com will work in collaboration to connect real estate professionals in Cambodia with buyers in all corners of the globe. And now, more than ever, with the millions of eager buyers in China.Stay up-to-date with the latest real estate news on the Realestate.com.kh news blog.

Prime Minister Hun Sen announced Monday that the blackouts are a thing of the past, explaining that Phnom Penh now has dedicated power reserves in case of droughts. Speaking at a graduation ceremony for university students from Royal University of Phnom Penh on Monday, the premier admitted that there had been hiccups in prior months due to the dry season sapping hydro-electric power.According to the PM, the government will reserve 400 megawatts power in 2020 to ensure the stability of Phnom Penh’s grid. He added that, in the event of another prolonged dry season, coal and petroleum power plants will pick up the slack.The PM backed up his statements by saying that two new pieces of power equipment were already in the process of being purchased and installed. Each piece being able to reserve 200 megawatts of power.“Phnom Penh needs to hold reserves of 400 megawatts. Now, [we] have already approved the budget [to buy new equipment] and have made an order to ensure that it will be completely installed in October,” he said, adding that one will come from Finland and the other from Germany.“Whenever the hydropower dam cannot produce sufficient power, the power from the engines will supply Phnom Penh. Next year there is no reason Phnom Penh will have power cuts.”Cambodia witnessed regular nationwide power cuts for nearly three months this year – from mid-March to mid-May. Many blamed dry season droughts which impacted production at hydropower dams, the main source of electricity in the Kingdom.According to Hun Sen, Cambodia is diversifying its sources of energy to include coal as well as renewable sources. Currently, there are three coal power plants in the country capable of producing a combined 370 megawatts of power. An additional plant is currently under construction. When it comes online it will be able to generate 130 megawatts.The premier’s comments are sure to garner cheers from Cambodia’s construction sector, which is in the midst of a massive boom.According to data from the Ministry of Land Management, Urban Planning and Construction, 1,420 building projects were approved in the first four months of this year. That represents a 21% increase over the same period in 2018. The approved projects are valued at a combined $2.7 billion. This total marks a 67% increase over the value of the projects approved last year.Want to win a free Phnom Penh vacation? Complete our annual survey and you could win!

Prime Minister Hun Sen said on Monday said that Cambodia’s internal revenue from customs and taxation increased noticeably in first five months of 2019, reaching almost 60% of the year’s target.Speaking to graduating students at the Royal University of Phnom Penh Monday morning, the PM said that revenues on taxes collected from January to May accounted for 58% of 2019’s year-end target. Customs revenue, meanwhile, was at 54% of the year-end goal in the first five months. “The culture of paying tax among our people is getting better and better,” he said.He did not provide any amounts regarding tax collection thus far this year. However, according to Cambodia’s national budget for 2019, the target for customs and taxation collection is set at $4.5 billion. The prime minister’s statements come on the heels of a move by the Ministry of Economy and Finance late last month to cancel a 1% withholding tax. This was announced during Hun Sen’s visit to Japan for an investment seminar. At the event, he trumpeted the Kingdom as a friendly nation for investments of all kinds.The Ministry of Economy and Finance issued a release on May, 29 on the cancellation of the 1% minimum tax which was announced by the Prime Minister Hun Sen in Cambodia’s investment environment seminar held in Japan. Withholding taxes are usually used as a means to combat tax evasion. Removing the tax aims to attract more investors to the country.Previously, commentators have championed the importance of taxation and customs revenue, saying it is a means to decrease the Kingdom’s dependence on foreign nations.To learn more about taxation in the Kingdom, be sure to head over to our Investment Guide 2019

On May 29, 2019, Prime Minister Hun Sen announced that the 1% withholding tax will be abolished. This move will be believed to attract much more foreign companies to set up their factories or businesses in Cambodia, that is bound to drive housing and office demand and promote the property marketplace.No doubt, Phnom Penh is the first eye catcher to Chinese real estate enthusiasts to the Kingdom because of its profound business resources. In the first quarter of 2019, the real estate market has become very dazzling with new high-rise buildings springing up. What you see is a city of building magnificence if you overlook Phnom Penh.More noticeably, Kampuchea Krom area, the most important administrative hub of the capital, has been enticing foreign investment with famous tourist destinations and prosperity of the real estate market, where the Baoli Mansion erects on.What makes Baoli Mansion stands out among other developments? Not only because of its prime location next to the Prime Minister's Office, or its competitive price, but also its commitment to quality and consistency, that values it as one of the benchmark of luxury dwelling.Excellent contractor walks the line with high qualityCambodian real estate is recently dominated by investable and self-occupied investment products. However, some developers often are blindfolded by quick return then overlook the quality of the structure. It is known to anyone that basically good return relies on sustainability of a property.Baoli Mansion has a strong philosophy of highground in living conditions, which enables habitors to enjoy lives of harmony and style.In order to ensure the construction quality to prevent mistakes, the developer teamed up with a Chinese state-owned contractor to operate, who is an experienced 4A-qualification enterprise ensuring the delivery of quality and safety to clients, has successively participated in the landmark projects in China, such as the Capital International Airport, the head office of Secretary of the General Office of the State Council, the National Grand Theatre, the Olympic Village, and the Yintai Center.A skillful and efficient builder teamExcept for quality, “orderly and quick” can be read in the schedule report of the construction, operated by a great team. They make sure that any buyer of this building have no any worry as like loss from a “paint a cake” projects.The Baoli Mansion constructed on a foundation of trust, has won reputation for its developer’s powerful executive in all aspects from personnel, equipments to materials reserving. It is the best example of performance for building projects in Phnom Penh by far.◆Progress on construction from May 9 to May 29, 2019As the skirt part of Baoli Mansion is soon to be finished, its main building has now entered the stage of constructing standard floor, at a time frame of five-floor completed every month. Thus far, it is expected to reach the tenth storey by June 5, and then the main structure will be capped at the end of September.Commitment and quality will, for sure, be guaranteed as it promised to investors.Home to elitesAs a premier luxury residence in Phnom Penh, apart from the wonderful structure, Baoli Mansion is also unique in its facilities and a scheme for invisible wealth.Baoli Mansion is a dream home on Kampuchea Krom, within a circle of administrative and educations, has convenient access to famous schools, hospitals and departments of government.And also the Mansion will gear you up by exciting facilities from sky bar, conference hall, banquet room, cafe to sky running track, gym, swimming pool and spa clubs … Shopping mall, 24-hour convenience stores and food and beverages bring you leisury and necessories to doorstep.Project detailsProducts: Serviced ApartmentsBuilding: 40,000m², 102m high, 28 storeysFloor plan: 47-57m²Developer: Baoli (Cambodia) Real Estate Development Co., Ltd.Sales price: average $2,200/m²Return on rental: 8% return per year, maximum two years Baoli Mansion is offering you a package of wealth and health investment to beat other opportunities and challenges in property market of Cambodia in 2019.  Whether you're looking for real estate for rent in Phnom Penh or real estate for sale in Phnom Penh, start your search with Realestate.com.kh.

Islands, bays and beaches are always irresistible holiday destinations for people who live inland. But why is this? Is it the ocean’s mesmerising sense of the infinite? Whatever it is, the feeling is certainly alive in Sihanoukville at Treasure Bay.Sihanoukville may not yet have the reputation of Boracay in the Philippines, the islands of the Maldives or Hawaii. But that could be set to change in the next few years. Indeed, more and more people are discovering the wonders of coastal Cambodia every year. Tourists from China have already heard the news and are coming for every major holiday.What was once a sleepy town is transforming into a gem on the coast. The economy is growing to new heights, fuelled by tourism, the country’s only deep sea port, and an expanding international airport.Recently, developers are bringing more high-end holiday homes to Sihanoukville. Treasure Bay stands in this category and aims to integrate technology and advanced standards into exquisite architectural design.And now the deal is even better! Treasure Bay is now offering buyers a 7 percent discount on grand opening sales!Treasure Bay will take your breath awayThe name is beautiful but the amazing building and seaside scenery will knock you off your feet. It’s located in the central business district of coastal Sihanoukville, an emerging city that combines tropical allure with world-class amenities. This project hosts 536 apartments in a key location of Sihanoukville. It’s nestled along a stretch of luxury resorts, just a few hundred metres away from Xihu International Hotel and Casino complex. What’s more, it’s just two kilometres from the Gold Lion Roundabout at the centre of town. This means Treasure Bay has access to all the facilities that the city has to offer. Just 200 metres from the beachfront, Treasure Bay is perched with amazing views of the clear waters of the Gulf of Thailand. This high-rise landmark will be unique with its curved facade and stylish design.The first phase of Treasure Bay will see a 30-storey apartment complex built. Units will come in various sizes and configurations. Most range from 23 to 98 square metres. They are perfect for business trips, couples or small families, or holiday homes. All are expertly decorated and come stocked with name brand appliances. This includes Toto bathroom products, Gree air conditioner, Haier refrigerator, TCL television and much more. Apartments also offer effective energy-saving solutions by using aluminum alloy from German high-end brand Dykeban, as well as hollow Low-E tempered glass for windows or doors. These are great for insulation and airflow. At Treasure Bay you will get a turn-key holiday home that stands above anything else you can find for the price.Treasure Bay has enjoyment around every cornerThe exquisite spaces here are laid out for efficient use. While the living room opens up to the dining room, the whole space feels large and spacious. Ventilation and lighting are perfect through the main corridor. Of course, the views of the ocean will astound you. Floor-to-ceiling glass ensures you can take in the beauty any time of day.Residents of Treasure Bay will have tons of facilities right at their fingertips. The top floor as an infinity pool, there’s an aerobics centre, a music bar, a panorama-view buffet restaurant serving both Chinese and Western food, a grand lobby, a multifunctional community service centre, and several massive parking areas. Enjoyment is around every corner. Treasure Bay also provides hotel-style property management and butler service, which is completely trustworthy. Exclusive VIP members will have access to a full range of extra luxury services as well as free airport shuttle.Treasure Bay is now offering buyers a 7 percent discount on grand opening sales!Look for real estate for sale in Sihanoukville or real estate for rent in Sihnoukville, visit Realestate.com.kh!

First-hand access to one of the biggest properties in the world has come to Cambodia. Vaun Property, newly established joint venture between top Australia brands Crown Realty International and Verve Real Estate, has set up shop in the Kingdom. Vaun Property’s name is currently attached to Melbourne’s Australia 108 residence.The skyscraper, billed as the tallest residence in the southern hemisphere, is understandably turning heads across the region. Indeed, Australia has always been on the radar of property investors in Asia. In Cambodia, Australia is seen as a place to pursue an education, buy a second home, immigrate or even retire to. Melbourne itself is a city of worldwide renown. The metropolis has won the prestigious Mercer award for “most livable city” a whopping seven times. Australia 108 is located in the trendy Southbank neighbourhood, right across the river from the CBD. This means residents there have unfettered access to some of the best restaurants, bars, retail shops, parks, and entertainment and cultural venues that the city has to offer. Once-in-a-lifetime chanceReflecting on the unique opportunity Australia 108 is offering to international investors, Vaun Property Managing Director Luke Vaughan said that people are already lining up for the chance to buy there.“We are finding this opportunity is too rare for our international clients to pass up … It’s only once in a generation that chances like this pop up.”He added that, given Australia’s foreign investment laws allowing international purchasers to buy new, Australia 108 is set to be a once-in-a-lifetime occurrence. Amenities aplentyAustralia 108 stands above the rest in height, but also with its top-tier luxury features. Design-wise the building itself and the interiors stand in a class of their own. Its sky-inspired shapes transition beautifully from the urban landscape below up into the clouds.The sky lobby on the 70th floor is a marvel. Being the tallest residence in the southern hemisphere means it hosts some of the world’s best views. Heading to the buildings sky garden is a sublime experience. It’s the perfect place for an informal meeting, relaxing with a good book or even enjoying a cup of tea.Let’s not forget the fact that there’s also a movie theatre, resort-style spa, and golf room. Every weekend can be a vacation when you live at a place like this. Then there’s also the onsite five-star dining. Any guilt you feel from eating too much there can be alleviated at the sky gym, which is packed with state-of-the-art equipment.Get your piece of historyGiven the high-profile nature of the Australia 108 project, it won’t be available for long. Only the most elite investors in the region will be able to get a spot here.Vaun Property is fresh off a series of seminars in Vietnam where they sold over 20 apartment units. They are, in fact, experts who specialise in real estate across Australia, with experience in the major cities of not only Melbourne but Sydney, Brisbane and areas all over the nation. Don’t wait for investors from other parts of the world to snatch up a property you’ve got your sights set on.So, if you want to have a piece of history, if you want an investment in one of the greatest countries in the world, if you want to own a unit in the southern hemisphere’s tallest residence, you need to act now. Contact Vaun Property Cambodia to find out more about Australia 108. And don’t miss Vaun Property's Cambodia launch party on June 8 at Phnom Penh’s Rosewood Hotel. There will be presentations by English, Khmer and Chinese speakers as well as tons of info on Australia 108.Use Realestate.com.kh to browse hundreds of investment properties in Cambodia. And click below to use our app!

Realestate.com.kh is excited to announce that polling is now open for the Consumer Sentiment Survey 2019. This survey will become one of the year’s most comprehensive sources of real estate data.It takes just five minutes to complete. You can complete the survey in English or Khmer. By filling out the survey you can be entered to win one of FOUR executive vacation packages courtesies of Lumiere Hotel and Snowbell Hotel.There are no stipulations to completing the survey. We want to hear from any and all of our visitors. It doesn’t matter whether you rent or own, or are planning to in the future. It’s your opinion of the market that matters. Do you think condos have gotten too expensive?Is renting still affordable?Which area of Phnom Penh is the best?Answer all these questions and more in our Consumer Sentiment Survey 2019.Win a free vacation or STAY-cationAbove is one of the lucky prizewinners from our last survey. Maybe you'll win this time! We’ve got many hotel packages to give away to survey entrants so make sure you give us your email address at the end of the survey. Whether you live in the Kingdom or abroad, you’ll get vouchers for free stays at one of two Phnom Penh Hotels.Lumiere Hotel and Snowbell Hotel are two of the most luxurious places to stay in the city.You might be the lucky one. Fill out the survey and win!

EuroCham Cambodia is preparing to host one of its biggest events of the year later this month. The fourth edition of EuroCham’s Real Estate & Construction Forum is set to hit Raffles Hotel Le Royal on May 31, starting at 8am. This year’s theme is “Time to Compete”.The real estate industry in the Kingdom is changing rapidly. As the country grows and modernizes, the competition gets fierce. EuroCham is hosting an event that aims to discuss and contemplate this progress. The Real Estate & Construction Forum 2019 will be a full day of industry-specific discussions, debates, insider analyses and conversations. There will be panel discussions led by some of the sectors top individuals from both the public and private sectors. Topics on the day of the event will be focused around four subjects:Market Trends and Standards in MeasurementInvestment Opportunities Healthcare Infrastructure NeedsProperty ManagementA fully-packed scheduleOpening remarks for the forum will be given by H.E Lao Tipseiha, secretary of state for the Ministry of Land Management, Urban Planning and Construction. Joining him at the start of the even will be George Edgar, ambassador of the European Union to Cambodia, and Arnaud Darc, chairman of EuroCham.Anyone interested in investment, business, real estate, construction and other related industries in the Kingdom will find the forum truly informative and educational.Sponsoring the forum are some of the biggest names in the Kingdom’s real estate, construction and investment sectors. Backers include Comin Asia, JKA Healthcare, Archetype Group, DFDL, Sika Building Trust, Beton Block & Pave, The Khmer Times, Realestate.com.kh, Construction & Property magazine, Thalias Hospitality, Smart, Infinity Insurance, Sofitel Hotels & Resorts, Total, Australian International School Phnom Penh, Event Bank and Bred Bank.Take notesIf you’re ready to boost your competitive edge during the second half of 2019, don’t hesitate to sign up for the forum. It’s your chance to learn, hear from experts and network with peers in the industry. After all, if it is time to compete then you’ll want to stay ahead of the game by being educated and knowing the market.Read more about the forum on the dedicated event page. If you love keeping yourself educated you'll love our free Investment Guide 2019. It covers all areas of business in Cambodia.

“One inch of land is worth of one gram of gold!” This is the common adage about the value of property in Phnom Penh.Land prices in the developing areas of Phnom Penh have been skyrocketing during the process of economic development and urbanisation of the city. At present, the average land price of the four most important administrative districts, headed by Daun Penh district, have reached more than $3,000 per square metre. Meanwhile, emerging areas such as Sen Sok district, Boeung Kak Lake area and Hun Sen Blvd are growing quickly.Hun Sen Blvd, known as the Prime Minister’s BlvdDue to high land prices, some developers have stopped provided common area meant for greenery. What they provide is just high-density dwelling which brings little satisfaction to occupants, and compromises potential returns. On the contrary, if a development project offers low-density living or even offers some garden space, it is undoubtedly a hit for home buyers.Lingnan Garden,  one km off the intersection of Hun Sen Blvd and Monivong Blvd, is developed by Lingnan Real Estate. Aimed at creating a new experience and eco-friendly lifestyle, the developer has generously invested a big chunk on building up a 6,500m² tropical garden that makes up 30% of the available land.Low-density community in a beautiful landscapeAccording to the plan of the Lingnan Garden project, a prosperous commercial avenue will stretch along the Hun Sen Blvd, the “traffic artery” at the southern end of Phnom Penh. This area will attract customers from all parts of the city. Borey homes and apartments will also span out layer by layer.Most strikingly, apartment buildings will line up in a row facing south, surrounded by a garden in a gorgeous layout. The garden will be composed of a fountain, square, swimming pool, pavilion, and tropical plants, which will highlight the whole community. This beauty of Chinese tradition makes the community an immersive area filled with positive energy and inspiration.Exquisite life at a garden homeFresh air and scenery are there for you every day. No matter how hard your day was, you just can embrace and enjoy your life here. Lingnan Garden hosts well-furnished turn-key homes with size ranging from 48 to 148m² and an exclusive private home garden, where you can freely bathe or meditate.Here is the ultimate vision of community life at Lingnan Garden.A credit to the lively landscape and harmonious rapport, everyone shares a comfortable experience and vivid inspirations that light up one’s life. The elder and the younger play and stroll safely around while neighbours may celebrate or have some nice conversations.Rich facilities, luxury at your fingertipSet to be an international luxurious community, Lingnan Garden only provides high-end living facilities. Besides an underground parking lot with more than 1,300 parking spaces, there's the rooftop with a large swimming pool, a luxury clubhouse, and a high-end gym, allowing residents to set up a perfect personal routine.Of course, Lingnan Garden is surrounded by a full ring of amenities.With the Mekong River to the east and Phnom Penh ING New City to the west, it is south of many embassies, and it's just a 10-km drive north to the international airport. It is one km from ISPP, and a 10-minute drive from the Canadian International School. Moreover, the planned Star Medical Center is within reach, and the Mega Mall and Aeon Mall are within walking distance.Around the clock butler services: A feel of honorLingnan Garden is just like any other high-end residence that takes into account the needs of its residents by providing full-day property management. Being thoughtful and professional on etiquette and subtlety, they will assure that you a feel like a master.Choose a gorgeous home hereOne bedroom (unit A1)This type of unit has a perfect floor plan of 68.01 sqm that includes everything to please you, living room, bedroom, bathroom, kitchen and balcony.Two-bedroom (unit A5)This two-bedroom unit has twin balconies, from which you share a stunning panorama of Mekong River. There’s a living room with a dining area, a kitchen and bathroom, well designed in a space of 78.63 sqm.  Three-bedroom (unit A3)This type of unit features a lovely study and an ample balcony taking in an amazing view of the community garden. It is decent space in a size of 111.96 sqm, suitable for a bigger family, with spacious living room, two bathrooms, and a mini private garden at the doorstep.Furthermore, the developer is offering buyers a rare option of a maximum of five years of returns at an annual rate of 7 percent. If you see this great potential, please hurry up and come with your ID in hand while opportunities are still open!Our team is looking forward to seeing you and taking care of all your needs.Click here for current real estate for sale in Cambodia and current real estate for rent in Cambodia!

Over the last decade, the coastal town of Sihanoukville has become one of the fastest rising areas of Cambodia. Indeed, it has become a star of the region. Particularly over the past two years, construction and development have been surging in Preah Sihanouk province. Many even say the area looks different every day.At its current pace, many say that Sihanoukville is on its way to becoming another Dubai. This rapid growth has been causing real estate prices to rise tremendously. The monthly rent for a 30-square metre apartment in Sihanoukville has hit $1,000. It is common to see annual increases of more than 10 percent.New Landmark is one of the few large-scale residential complexes overlooking the ocean in Sihanoukville, and will surely become a hot option for overseas investment.What’s more, the new sales office for New Landmark is about to host its grand opening in Sihanoukville. And with that comes a limited-time promotion: Three years of rental returns at 12% per year can be yours. This offer is only available for the first 50 buyers.Quick facts about New Landmark:Address: Village 4, District 4, (near the Gold Lion roundabout) Sihanoukville, CambodiaHeight: 37 storeys Views: Unobstructed views of waterfront, 200 metres from Ochheuteal BeachProducer: New Landmark Group and 7 China Construction Bureau Ltd.Nearby: Five-star hotels, seaview apartments, the largest entertainment mall in Sihanoukville, and tons of commercial facilitiesOutfits: Turn-key homes with high-quality decor, top brand appliances and furnitureValue: Minimum size of 30㎡, strata titled, prices starting at $40,000Neighbours: Gobo East, White Sand Palace Hotel, Jin Bei Casino & Hotel, Prince Hotel, a duty-free shop, schools, banks and police stations.Traits: First smart and eco-friendly community in Sihanoukville, QR code access control, fingerprint locks, free wifi, drinkable tap water, practice golf course, tennis court, and running path. The first musical and laser-lit fountain in Sihanoukville. The complex also boasts a convenient store, a beauty salon, leisure club, bank, cafe, gym, private luxurious pool.New Landmark is a new mixed-use complex with a floor area of 200,000 square metres in the beautiful coastal city of Sihanoukville. It offers three kinds of products: seaview apartments, premium hotel rooms (five-star) and spaces in a large commercial centre.New Landmark is located near the Gold Lion Roundabout, a well-known landmark in the heart of Sihanoukville, and close to the  main road, Poulowai Street 300. It’s just a short drive to the centre of the city, and two minutes to the famous Ochheuteal Beach. The crystal clear ocean waters are just 200 metres from the doorstep. The project is right in line with the city’s expansion towards the south and east.Within one kilometre of New Landmark there are tons of hotels, restaurants, and large-scale shopping, gaming and entertainment venues. These include Gobo East, White Sand Palace Hotel, Jin Bei Casino & Hotel, and a duty-free shop. Life is vibrant and active in this part of Sihanoukville.New Landmark will also host a large-scale commercial centre with a variety of commercial businesses, including the largest entertainment mall of Sihanoukville, spanning on 10,000 sqm, Chinese and Western-style restaurants, bars, apparel stores, convenience stores, cafes, spa clubs and other leisure and entertainment services.It doesn’t stop here. There is also a private rooftop pool, cultural activity centre, tennis court, golf practice course, public meeting room and so much more. All facilities create a classic luxury experience. At the same time, New Landmark will feature the first laser-light music fountain in Sihanoukville.New Landmark is a dream home you deserve, where you fall asleep to the tune of the tranquil sea, wake up to a fresh glowing morning.Here are seven remarkable advantages of New Landmark based on its prime location!In 2018, Cambodia attracted 6.2 million international visitors, an increase of 10.7% over the previous year. Chinese tourists accounted for the largest portion, about two million. More than two million tourists visited Sihanoukville, increased by 6% year-on-year. A goal has been set by the Cambodian government to receive 7.5 million international visitors in 2020 and 15 million in 2030.The expansion of the Sihanoukville International Airport will be completed in the first half of 2020.The Asean International Conference Center is planned for construction in Sihanoukville.The Trans-Asian Railway that connects Cambodia, Singapore, Vietnam, Laos, China, Russia and other Eurasian countries will start to run in 2021.The East Asian Games will be held in Phnom Penh in 2023 and the watersport events are set to be held in Sihanoukville.By the end of 2019, oil production will be realised with a daily output of 30,000 barrels in this region. Moreover, by 2020, natural gas will be produced on a large scale.Set to open in 2023 is a new $200-million container terminal in the coastal city. It will be for the import and export of coal, steel, fertilizer, rice and oil, and it will improve the efficiency of cargo transportation and greet cruise ships from all over the world.The expressway connecting Phnom Penh to Sihanoukville is nearing completion.The Sihanouk Special Economic Zone, funded and constructed by China Red Bean Group is one of the largest overseas cooperation zones accepted by the Ministry of Commerce and the Ministry of Finance of China. It has created 60% of the jobs in Sihanoukville.It is foreseeable that, in the future, many new industries will sprout in this developing region. Prosperities fuelled by manufacturing and tourism will attract more people and grow the economy.Sihanoukville is set to be the world’s next Dubai or Shenzhen!If you're interested in learning more about the development of Cambodia, download our Investment Guide 2019!

Vaun Property, a fresh name among real estate agencies in Australia and a key player behind the massive Australia 108 project, is officially launching operations in Cambodia.The firm already has a history of working to help Southeast Asian investors find property in Australia, so the move is a welcome step. Vaun is, in fact, a newly established joint venture between top Australia brands Crown Realty International and Verve Real Estate.To celebrate both the entrance of Vaun Property into the Cambodian market and the launching of the hotly anticipated Australia 108 project, the company will be hosting a celebration at Phnom Penh’s Rosewood Hotel on June 8. The night of excitement is totally free for guests. Click here for more details. In addition to providing knowledge and connections for those in Cambodia wanting to buy property in Australia, Vaun Property Cambodia will focus on connecting local clients with luxury rental properties.“We see Cambodia as a rising major market in Southeast Asia. Many clients are already coming to Australia for education and investment at a time when the AUD is at a historic low,” Vaun Property Managing Director Luke Vaughan said.“Many Cambodians are interested in Melbourne, Brisbane and the Gold Coast.”A highlight of Vaun Property’s catalouge is the famous Australia 108 in Melbourne. Touted as the highest residences in the southern hemisphere, the complex offers over 100 storeys of sheer luxury.On cloud nineLocated right in the heart of Melbourne, one of the most well-known cities in the world, Australia 108 is set to become the pride of the Southbank neighbourhood. The area is known for its sophisticated culture venues, vibrant arts scene and swanky amenities. It’s right on the waterfront and close to the central business district.The building is a testament to sleek, modern design. There’s a massive sky lobby which overlooks the city, a fully stocked fitness centre, garden lounge, entertainment venues, five-star dining and much more. Count three full levels of resort-style facilities. Living here you may feel like every day is a holiday.If the common areas don’t take your breath away, the interiors surely will. Across the whole building, the theme of sky permeates. Everything feels light and comfortable. Living here means you live among the clouds and have uninterrupted views of the entire city. Australia 108 is an investor’s dream. Units are available in configurations ranging from studios to spacious two-bedroom places. What’s more, there’s a short term letting program so you can start earning returns on your unit as soon as it’s complete. This means you could start making over $2,000 per month from your property, depending on its location in the building and size.Vaun Property can be your guide to finding out more about this exciting project. Come to the launch event of Australia 108 and hear more of the details.A trusted partnerIn addition to the massive Australia 108 project, Vaun Property is also showing units in Melbourne’s Liberty One. This project is another unique investment opportunity for those looking to own property in Australia. Liberty One offers guaranteed rental returns and even offers returns during the construction period.So, whether you’re looking to invest in real estate in Australia, or want help finding a real estate in Cambodia, Vaun Property can be your trusted partner.Don’t forget to mark your calendar for June 8 when Vaun will be hosting their launch party at Phnom Penh’s Rosewood Hotel. It’s free to join and you’ll get to meet everyone from the Vaun team.Looking for investment property in Cambodia? Start your search with all the newest developments in Cambodia.

Prestige Homes Cambodia entered the local market in style earlier this week with a massive celebration hosted by DJ Nana at Golden Tower in Phnom Penh.Originally from Hong Kong, the group is headed by Chairman Dr Raymond Choi and CEO Andrew Chong who presided over the April 29 event. There were around 400 attendees representing many businesses in the local real estate sector.“Buying, selling, or renting a property is generally simple, yet requires the skills and tools to get the desired property in an efficient manner,” reads Chong’s CEO note on the company’s website.“Taking this to heart, Prestige Homes (Cambodia) Property Co., Ltd. was established and built its uniqueness, with a clear purpose of providing magnificent properties and unrivalled services.”Prestige aims to become a major player for high-end properties in the Kingdom. Last week’s event definitely channelled the atmosphere of a high-class gathering, too. Local music legend Sokun Nisa attended the event and serenaded the audience.There was also a dance performance by children from LRDE (Le Restaurant des Enfants de la Rue). Built on a vision Prestige Homes Cambodia, which operates out of its office at Golden Tower on Street 215, has already struck up a partnership with local development Urban Village.Company material claims they want to be a “one-stop shop” for all real estate needs.Click over to Prestige Homes’ Realestate.com.kh profile to see all their current listings.

In decades past, Cambodia main tourist demographic was young Western backpackers travelling on a shoestring budget. Of course, budget hostels can still be found across the country. Yet, a new level of accomodation is sweeping across the nation.According to data from the Ministry of Tourism, Cambodia welcomed over six million international tourists last year. That marked an increase of 11% over the previous year. What’s more, the government projects similar growth by the end of 2019. But who are these new tourists?The biggest group is made up of those coming from China. They accounted for nearly two million last year, in fact. Earlier this year the minister of tourism claimed that figure would hit three million by the end of this year.Seakcheang Leng, marketing manager for Phnom Penh’s Lumiere Hotel, said that there has been a shift in recent years towards more visitors from Asia rather than Western nations.“In addition, we see that new arrivals tend to be more inclined to try new hotel properties as they favor new rooms equipped with new furniture and fittings.”Lumiere Hotel, which has been operating in the capital since 2017, is one of the establishments offering accommodations in this higher price point. Rooms there run for between $100 and $150 a night. The hotel boasts amenities such as rooftop jacuzzi, pool and meeting rooms.Leng added that Lumiere’s customers are drawn by its modern designs.“The trend is that millennials are now becoming the primary consumer markets and these travellers are really technology-savvy.”Power of Phnom PenhDespite Siem Reap’s status as the tourist capital of Cambodia, industry experts say that Phnom Penh has the most potential for this expansion into higher segments of the market.Chenda Suos, secretary-general of Cambodian Valuers and Estate Agents Association, said that in addition to holiday tourists, Phnom Penh also draws business travellers, short-term NGO workers, domestic tourists and many other key demographics.“The hotel market in Phnom Penh hasn’t neared oversupply yet … the city will continue its expansion toward the suburbs which will lead more accommodation,” he said.However, many still note the need for increased human capital, skills training and education in the hospitality sector.Peng Ponna, assistant dean and lecturer of faculty of Tourism and Hospitality of Pannasastra University of Cambodia, said that hotel sector in Phnom Penh is still more affordable than comparable rooms in other Southeast Asian countries. Yet businesses should aim to boost soft skills of their employees.“The hotel sector is providing a lot of jobs for Cambodian people … as the market becomes more competitive hotels will need to provide better services in order to stand out,” Ponna said.Leng from Lumiere concurred, adding that the market was changing. She said that boosting soft skills goes hand-in-hand with technological advancements.“Guests can now easily compare prices, check availability, read reviews and book accommodation all on their smartphones,” she said.“We expect the competition to get even stiffer in the future as options diversify with the rise of rental apps, guesthouses, hotels and resorts.”Whether you're looking for short-term or long-term accomodations, start your search with Realestate.com.kh.

Over 20,000 people descended upon Koh Pich over the weekend, many of them putting down big money for condos, borey homes, land or cars at Realestate.com.kh’s massive Home & Lifestyle Expo 2019. The company’s CEO claimed it was their most successful event to date.Taking place at Koh Pich Exhibition Centre on April 26 and 27 in 2019, the event hosted exhibitors from every section of the property market. Borey developers were there, as were condo developers, plot land dealers, agencies,  lawyers, banks, construction firms and architects.There was also lifestyle luxury brands there selling cars, watches, handbags, furniture and much more. Many were offering their biggest discounts of the year. The event didn’t disappoint, either. Many exhibitors were able to connect with quality buyers and book sales that will smash their yearly sales quotas.Affordable properties were the focus of the show, so it’s no surprise that middle-class Cambodians made up a large contingent of attendees.“Around half of the attendees were local,” said Realestate.com.kh CEO Tom O’Sullivan, adding that the remaining demographics were mostly Chinese and just a handful of other international visitors.“We really wanted to make the event into a blockbuster weekend and we were floored by the overwhelmingly positive response. By all accounts, this was one of the biggest real estate gatherings that Southeast Asia has ever seen.”Explosive salesUrban Village, a development project in Phnom Penh’s Chak Angre Leu, was particularly hot with real estate shoppers. The group reportedly sold 40 units over the weekend worth over $3.5 million combined.Arata Garden Residences was another hot ticket project on the weekend. Piloted by Creed Group, the development sold 12 properties at an average price of just under $100,000 apiece.Top International Agent inked eight sales at the show worth over $60,000 combined.Worldbridge Homes hit the high notes during the expo as well. They sold nine properties, raking in over $250,000. Local agency Pointer Property had an exciting weekend as they recorded four sales worth around $70,000 each.7 Residence hit it big with a single sale of a unit worth half a million dollars. But sales weren’t the only way to judge the success of exhibitors. In fact, many collected hundreds of new sales leads that will continue to pay off throughout the year. PHMK  Real Estate, Capital Partners, Bred Bank, Royal Platinum, Air Apartments, Ohana Home Japan, La Bassac, RHB Bank, and Snowbell Hotel all left with over 100 red hot leads.The retail side of the show wasn’t without its heavy hitters either.Carmaker Nissan reported that a lucky buyer rode home in a new $50,000 luxury vehicle bought at the show. Honda, on the other hand, sold four motorbikes for around $3,000 each. Sofa Shop, a furniture retailer, sold eight pieces during the show worth nearly $10,000 combined. Sales figures are still streaming in from the huge event. However, Realestate.com.kh hopes to surpass the record from its previous event, which generated around $30 million in sales.  “This event proves that Cambodia’s real estate sector is more alive than its ever been. Indeed, the future looks bright,” said O’Sullivan.End Of Year Property Sale set for November 27th & 28thRealestate.com.kh is excited to announce the sixth iteration of its hugely successful event series. The company expects to push the local property sector to new heights with the latest show - The End Of Year Property Sale 2020!

The traditional Chinese practice of feng shui aims to harmonise individuals with their surrounding environment. Many Westerners incorrectly think this is just about furniture arrangement. However, it’s much more than that. Many believe proper feng shui can bring happiness and luck to any space, whether that be your home or working place. Throughout history, feng shui has been used to organise urban areas, parks, homes and even tombs. Feng shui’s primary directives involve making inhabitants feel refreshed and hopeful.In a nutshell, feng shui is more than moving your sofa to the other side of the room. You don’t even need to buy anything to boost the energy of your own space. Here are five main aspects of feng shui that can help bring a little ancient Chinese energy to your home.SunlightHomes that follow traditional feng shui should take advantage of natural light as much as possible. After all, electricity is a recent technology. In the past, it was important to let the sunlight into your house so you could see. Now, however, it’s still important to let the sunlight into your living space. Sunlight can lift your mood and reduce stress. It makes rooms feel open and free. Plus, getting a little bit more vitamin D never hurts, right? Under traditional feng shui guidelines, sunlight was thought to ward off evil spirits.ColourColour is another essential element of feng shui. Just like light, colour was thought to affect the energy and flow of a certain space. Of course, light colours have warming and lifting energy. On the other hand, dark colors are believed to be heavy and cold. It is recommended that you use dark and light colours in combination to fit the feeling of each room. The tones must be compatible. For instance, blue and white are two colours that are thought to look harmonic together. This is one aspect of feng shui that is already familiar to people in the West. Decorators are already familiar with complementary colours and clashing colours.PlantsPlants play an important role in any home decoration. Indeed, a home that follows the techniques of feng shui is no different. Plants are, of course, living organisms so the fact that they produce energy is undeniable. Scientific studies have often supported the fact that rooms with plants feel more relaxed and comfortable. In feng shui, plants are particularly powerful if they are in places where you see them in the morning.AirHave you ever complained that a room feels too “stuffy”? Maybe there just wasn’t enough airflow. In feng shui, having enough natural air movement is pivotal in bringing energy to space. Proponents of this practice say that fresh air contributes to the health of inhabitants and improves vitality.Cleaning on a daily basisLastly, you may not know that cleanliness is a big part of feng shui. It is said that clutter and disrepair cause negative energy to enter a space. Try getting rid of anything unnecessary and reducing your possessions. Many in the US are following the teaching of Marie Kondo from Japan who instructs her students to get rid of anything that doesn’t “spark joy.” This idea jives with that of feng shui.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: