The Phnom Penh City Center (PPCC) is set to become Phnom Penh’s first and only Central Business District, transferring Cambodia’s rapidly developing capital into the city of the future. Strategically located at the heart of Phnom Penh, PPCC will be the choice destination for locals and expatriates where modern business, innovation and international-standard infrastructure will meet. By 2035, the new Phnom Penh City Center district will be home to over 56,000 residents and more than 190,000 daily visitors. CHECK OUT TWO EXCITING PROJECTS FROM PPCC FOR SALE ON REALESTATE.COM.KH NOW: RESIDENCE 90 | THE EDGEQUALITY LIVING AT THE HEART OF THE CITY Phnom Penh City Center’s 111.6 hectares of open and futuristic urban district space will create opportunities for local and international businesses in the financial, retail, commercial, residential, hospitality, education, medical and entertainment sectors. Its public areas will feature the newest architectural buildings - with towers ranging from 20m to 150m - and will bring modern city conveniences into Cambodia, such as multiple entry points and international-standard traffic and drainage systems. The center’s pedestrian green belt – sidewalks framed by lush greenery – will enable the community to enjoy leisure walks and hassle-free family days out at the 22,000 sqm central park, in addition to other recreational activities made available and accessible to all. AN INTEGRATED TOWNSHIP Guided by an environmentally sustainable approach, Phnom Penh City Center will enjoy a truly integrated township based on its strong, forward looking and consistent master plan. As an integrated township - unlike existing developments in Cambodia - the center is focused on setting up comprehensive infrastructure systems, which includes the deployment of an underground cabling system that will house all utility services away from the public eye, and yet systematically planned to ensure hassle free maintenance. A comprehensive drainage system is also being developed to mitigate flooding in the future. Accessibility is another key feature of the site. Set to ease the perennial traffic congestion and flooding issues Cambodia’s capital continues to face, the Phnom Penh City Center will be linked to the wider city through eight access points, resulting in a more fluid inner city system. Construction of permanent roads and infrastructure have already started and the first phase of the project is scheduled for completion in 2017, with the second phase scheduled in 2019. Last but not least, Phnom Penh City Center is strategically situated opposite the municipality and surrounded by city government departments, including close proximity to the Vattanac Capital Tower, Central Market, French Embassy and Calmette Hospital. CHECK OUT TWO EXCITING PROJECTS FROM PPCC FOR SALE ON REALESTATE.COM.KH NOW: RESIDENCE 90 | THE EDGEAdopting a Sustainable Approach to Job Creation Since 2014, the Phnom Penh City Center has proactively adopted an innovative approach to community engagement and empowerment, recognizing the importance of inclusivity and giving back to the community. Designed to benefit the community as a whole, the project will boost onsite, long-term job creation by engaging with vocational training institutions, therefore pioneering inclusive development and sustainability in Cambodia and the ASEAN region. Upcoming DevelopmentsRetail Office Versatile Office (ROVO) Combining inspirational architecture and functionality, the EDGE offers entrepreneurs and business owners alike an innovative, convenient and flexible business environment. All ROVO units are designed with flexibility in mind, providing space for businesses to be set up according to their preferences. A café, a restaurant, a start-up office, a bank, a boutique hotel, a meeting room or even a music studio, the option is limitless     Residence 90Residence 90 is an exclusive gated development, offering the perfect combination of tranquility and security with urban convenience. Inspired by European architectural models with individual lush landscaping, spacious driveways, private driveway and security features. Located right in the heart of city. Perfect for the modern family. CHECK OUT TWO EXCITING PROJECTS FROM PPCC FOR SALE ON REALESTATE.COM.KH NOW: RESIDENCE 90 | THE EDGE

Neak Oknha Theng Bunma, founder of Thai Boon Roong Group, passed away last night at the age of 75 - on June 17 2016 at 12.45pm in a hospital in Phnom Penh by natural causes, according to a Freshnews report today. Oknha Theng Bunma was well known as one of the “four tigers” of the Cambodian economy after the fall of the Khmer Rouge, between the 1980s-2000s, and was heavily involved in the real estate and development industries across the nation. Born in Thailand, Oknha Theng Bunma was the first president of Cambodia's Chamber of Commerce. He also owned the Intercontinental Hotel in Phnom Penh and Rasmei Kampuchea Newspaper. The Thai Boon Roong Group, of which Oknha Theng Bunma was founder, is currently developing the 133 story Thai Boon Roong Twin Trade Center in Phnom Penh, located next to Nagaworld. REALESTATE.COM.KH - Your real estate news leader! Read More...

Property valuation is the process of estimating the total value of a property in terms of several factors that are dependent on the industry standards. This may consist of property location, size, future profitability, environment, government policies, and so much more.And since the primary aim of property investment is to get a return of investment and maximizing resources, it is essential that there is an accurate view of the property’s value. While property valuation is performed by trained individuals in the field, even newcomers can benefit from learning the basics. This will make a difference in how transactions are made as it will provide a wider perspective and understanding for people on both ends of the deal. This will ensure that there is significant protection for both the property holder and the entities such as financial institutions, insurers and other parties that also depend on valuations.  There are two main applications of valuation according to Mr. Sim Hoy Chhoung, CEO of V Trust Appraisal Co. Ltd, which he explains in his presentation at the Real Estate Market & Outlook Conference (REMOC) 2016. One of them is property valuation for financial reporting - which is becoming increasingly significant with the importance that the industry now places on the implementation of the International Financial Report Standard. This standard aims to provide consistent and reliable standards based on concrete data. The second application is property valuation for secured lending - where he particularly places emphasis for commercial banks and lending institutions to comply with IVS applications, and also to produce clear conditions of engagement so that there is assurance that the property market will function properly and be well supported by available financing options.Chhoung goes on to show, through a case study of The Central Bank of Ireland, how these applications have made a significant impact on the banking crisis there. In Ireland there were weaknesses in instruction given to valuers, conflicts of interest, failure to conduct frequent valuation reviews, inadequate training and inappropriate use of informal valuations. As a result of these lessons learned, Chhoung sees opportunities for growth in the Cambodian climate, if the National Bank of Cambodia accepts these challenges and seeks to overcome them.LEARN MORE ABOUT THIS TOPIC IN AN IN DEPTH ONE ON ONE WITH REALESTATE.COM.KH & MR CHHOUNGChhoung concluded his presentation by providing suggestions and solutions such as the CVEA and the Ministry working together in providing growth for valuers by providing minimum hours CPD requirements. He also suggests for policy makers to incorporate international standards like the IVS and the RICS professional standards into the local outline for valuation; and to provide even more training and education about property valuation throughout the market. He also calls for banks and financial institutions to consider recommendations for best practices to improve how loans are carried out.While there are already great returns from investments made in Cambodia, it is important to get ahead and obtain proper valuation for your property to ensure sustainability and to anticipate future costs and conditions, should there be any sudden market, infrastructure or policy changes.NEED A PROFESSIONAL VALUATION? INQUIRE TODAY WITH REALESTATE.COM.KH - FAST, EASY, SECURE!

Expats are well aware how essential appropriate health care is living in a developing nation like Cambodia as potential risks and hazards are rife. Common hazards of living in a developing country:Road accidents are one of the most common causes of hospitalisation in the Kingdom due to poor road and traffic conditions. Exposure to tropical diseases are more significant due to mosquitoes and other insect bites.Contact with infectious diseases is higher due to contaminated water, unhygienic food preparation and lack of hand washing.  A lack of medical skills and facilities raises the risks of receiving contaminated blood because of poor hygiene practices or inadequate screening for viruses. Medications may be counterfeit or not readily available.Access to first world medical care may mean you have to go elsewhere for treatment and require medical evacuation. Costs can be exorbitant without sufficient protection. Expats can be caught out! Not only does your physical body suffer but so does your wallet if you are not covered by some type of international insurance plan. It is best to be prepared.The solutionInternational health insurance is the perfect solution to protect not only your well-being but also your finances. For expats living or working overseas who wish to ensure their financial security whilst at the same time safekeeping and investing their health, then an international insurance plan is a must. Infinity Insurance, Cambodia's first and foremost insurance company is offering new customers who buy or existing customers who renew with their International or Expat Health Plan between June to September 2016, a chance to win a private four hour boat cruise for themselves and nine of their friends.Inquire today for a free quote!The lucky winner drawn in September, and their fortunate friends will enjoy lunch and drinks whilst cruising Cambodia’s waterways on the famous Kannika boat for a fun afternoon on us! The trip is valid to use from October to December 2016. Infinity Insurance has access to the world’s most respected global health insurers including Aetna, ACS, A Plus International, Cigna, MSH, Now Health International and William Russell all of which are backed by financially secure global underwriters such as AXA and Allianz. You can be confident that the cover we arrange is right for you and backed by established and respected providers. Choose a plan to suit your personal health needs, whether it be a standard cover expat health insurance for accident or emergency illness, or add in outpatient protection to make sure all routine medical expenses will be covered, or include dental coverage. If starting a family is on the agenda then choose to include maternity so you are safeguarded throughout your pregnancy and birth. All health plans include the evacuation in case of emergency and repatriation. Infinity has got you covered!Inquire today for a free quote!

A large multi-purpose project of the Sokha Group has just been announced publicly on the company's official website. This huge multi-purpose project on Chroy Changvar peninsula will include residential condominiums, a large and modern commercial center and various other features yet to be announced. Recent news suggests the Chroy Changvar area is set to transform into an area with great potential in commercial and residential real estate in the coming years, and especially so for foreign investors able to purchase these properties under the foreign investment law regulation. This new investment of by the Sokha Group represents the largest project in Chroy Changvar to date.Please contact our professional team for more info! The "Chroy Changvar Riverside" concept evolution draws on many traditions of Khmer culture. The Design concept revolves around the Dragon Boat and sail, a famous symbol of the Khmer culture. The Dragon Boat race is an important cultural event that takes place on the Tonle Sap River every year. The architectural form of this event is relayed through the elements of the water, the boat and the sail - creating an architectural design with natural flow, transparency and a design that embraces the elements of the riverside where it will soon stand. Meanwhile, the Apsara dancers, a staple of traditional royal Khmer culture, are also merged into the design - representing beauty, divinity and the spirit of unity toward mutual progress. Sokha’s project looks over the Mekong river, Tonle Sap and royal palace: “So far there is no project in such a place, meaning buyers may come from foreign countries to enjoy a high standard of living here,” says Ms Chamroeun Phoeurk, marketing director at Emerald+ Property Management. Mr. Van Chanthoeun, ceo of TownCity Real Estate, agrees with Ms Chamroeurn, “this new project’s location is really good, and well suited to the property development in this region. Furthermore, Sokha Group is a huge company with substantial experience in the field of real estate and property development over many years in Cambodia.” Mr. Chanthoeun added that, “the company already has many customers in hand." Chanthoeun continues to say, "I think that this project will absorb more and more buyers from foreign countries; and if this project allows agency services to assist the buyers in helping them to find those who want to rent, this rental return service will grant investment buyers more profit and ultimately help the projects long term success." Stay tuned to Realestate.com.kh NEWS for more information about this huge new project as soon as it is released.Please contact our professional team for more info!

Cambodia has seen a wonderful start in its commercial property market in 2016 which is confirmed through reports such as the Knight Frank Asia Pacific Prime Office Rental Index 2016. Commercial spaces and industrial real estate have seen one of the biggest demands for investments in the country so far, especially from the foreign nationals who see its potential as the Cambodian economy shifts into the ASEAN region. Although there have been around 150 factories that closed in Cambodia in 2015, there are still more than 500 active factories using around 5,000,000,000 square meters of land in Phnom Penh alone, says the Director of the Valuation Department at Bonna Realty Group, Mr. Sung Sina, in his presentation at the Real Estate Market & Outlook Conference (REMOC) 2016. This is due largely to the fact that foreign investors coming in from different countries like China, UK, Taiwan and Hong Kong find that commercial properties and labor in the country for textile, apparel and footwear manufacturing is relatively inexpensive compared to neighboring countries. This is still the case despite the fact that the minimum wage has now risen to $140 a month, excluding lunch and transportation allowances. Sina states that there have been 2,305 industrial real estate projects that were approved by the Ministry of Land Management Urban Planning and Construction, which brought a 33.14 percent increase from 2014, bringing construction investments to a total of $3.38 million. Sina also mentions that special economic zones will play a part in the future of industrial property investments; a key place in which future developments such as factories and warehouses can call home. At the moment, there are 13 active SEZs in Cambodia and 34 that are currently being approved. These special economic zones will bring about wider roads and centralization of properties that will comply with international standards in terms of titling. Having these SEZs will also be more convenient for investors who will have reliable access to utilities like waste water disposal, electrical power and flood protection. This makes it very attractive for foreign investors who are looking to relocate their operations in Cambodia. Sina, however, warns that though there has been significant growth in the industrial market from previous years, this has also caused an increase in competition as well. This isn’t necessarily good news for property agents, but it does provide more flexible options for investors. This also serves as a challenge for those in the industry to be more innovative in their marketing and approach when catering to potential property investors. Much like in every industry, there is always a possibility for growth and regress. But the Cambodian industrial real estate market has proven that despite going through difficult circumstances, it will remain to be a stable investment option. And with policies that aim to improve the quality of working conditions and worker convenience, those who wish to put their money into the industrial property market are still projected to have a significant amount of investment return this year and in years to come. View Industrial Real Estate in Cambodia NOW

Life insurance is a relatively new concept to Cambodia but it is an important one. Life insurance is about protecting your life against the daily risks one can be exposed to that may lead to loss of life. One of the major risks in the kingdom is death due to road accidents.Leading insurance provider, Camlife offers insurance products to all Cambodian’s to ensure their policyholder’s lives will be protected against incidences such as road accidents; and if something should happen to them, their family and loved will be protected and provided for with the guarantee of a better future. Life insurance offers the chance to leave a legacy after you are gone, and to ensure those closest to you will inherit financial security to live on beyond their grief.   Camlife has two products: life protection and endowment. Life protection covers risks to your life and endowment is a combination of life protection and a means of investing and saving money in order to make it work for you. Camlife invests your premium during the term for example, 10 or 15 years, in order to make a return which includes any interest accumulated over the investment length. During the term you have the benefit of not only protecting yourself against risks to your life in the future but also a means of growing your invested money at the same time. Both products add value to your life and are very affordable.Contact us now to find out more about these policies!

There’s great profit to be made with selling properties, especially in a country with a fast-growing economy like Cambodia.Whether you’re new to the industry or have been around for a very long time, there will always be people looking for a good investment and they will always try to look for someone with insider knowledge in property. That someone is usually their real estate agent.Whether it’s for selling property or looking for the next home that would best suit their needs, it’s most likely that real estate agents are sought after for help. But real estate agents are bound to make mistakes if they lack certain knowledge, skills and attributes.In an interview with Realestate.com.kh, Mr. Kim Heang, CEO of Khmer Real Estate and former president of the CVEA (Cambodian Valuers and Estate Agents Association), states that “if you have a good occupation, if you have good language, that is not enough.”So, before trying your luck at becoming a real estate agent in Cambodia, here are a few tips:Educate Yourself:Educating yourself does not only mean reading up on the market and getting updates on trends through your smartphone. It means getting a proper education and a bachelor’s degree.There are about a thousand or more registered property agents and ten times more self-proclaimed property gurus in the Kingdom who give investors bad deals and misinformation. It not only makes people from the Cambodian industry look bad, but it also scares people from investing in Cambodia and trusting property agents again.Learn the Language:Heang says that although there are many investors in the local and international market, most of them are foreign nationals looking to invest in properties for commercial use, residential investments or for retirement. So, you have to learn their language in order to prevent any misunderstandings.English may be a safe first choice as it is spoken by many foreign nationals. But since the Cambodian real estate market is particularly popular with investors from China, it will serve as an edge for you if you can speak Chinese as well.Experience and Employment:One of the things to look for after getting your education and learning the language is experience as a real estate agent. Many newcomers make the mistake of applying for positions in a big company says Heang.If you’re looking for good experience, look for it in middle-class companies where you can learn from the founders or CEO directly. At the same time, being in a company that’s still growing will give you better opportunities that you will have a hard time getting into big companies.If you are looking for a real estate agent in Cambodia, read our guide on Choosing the Right Cambodian Real Estate Agent.Honesty:Your honesty is probably the most important among all the attributes a great real estate agent must possess. As Heang puts it, “it’s from your heart”.Many who are new to the industry make great money at the beginning but often struggle in the long run. This is because they lack empathy for the needs of the investors. So, it’s important that you remain truthful and just give them their best options rather than set high expectations you know you cannot fulfil.Your integrity and good character are what will keep them coming back. The longevity of your career is dependent mostly on the trust you build with your client base. Whether you’re new to property investments or not, it’s important to keep all these in mind to prevent unnecessary mistakes and future complications.It is important to note that the job of a real estate agent is not just to make profits, but to keep in mind the best interest of the investors at all times.  For more news and tips, tune in to Realestate.com.kh daily!

NEED A VALUATION FOR YOUR HOME OR BUSINESS? Realestate.com.kh was extremely proud to sponsor and support the BritCham & IBC Luncheon and Panel Discussion on Property Valuation in Cambodia: “Addressing the Gaps.” The development of the Cambodian valuation industry is a core factor is creating a sustainable real estate market. BritCham and IBC in partnership with the Royal Institution of Chartered Surveyors (RICS) and the Cambodian Valuers and Estate Agents Association (CVEA) welcomed the Cambodian business community to a focused business luncheon on the topic of valuation of property in Cambodia: “Addressing the Current Gaps.” The event was held of Tuesday 19th April with a panel of experts sharing their perspectives, followed by an open discussion with the audience on the state-of-play of valuation in Cambodia. About the Panel Speakers:Salim Aslam, ASEAN Manager, Royal Institution of Chartered Surveyors (RICS):Salim is ASEAN Manager for the Royal Institution of Chartered Surveyors (RICS). RICS promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure. The organisation accredits 118,000 professionals and any individual or firm registered with RICS is subject to it’s quality assurance. The UK Government’s Foreign and Commonwealth Office and UK Trade and Investment commissioned RICS to produce a report on Building or Fire Safety standards in the construction sector the topic with a view to providing the Cambodian Government with assistance in developing building standards and ensuring better regulation. The Report’s findings and recommendations were presented to and welcomed by the Government last year. Ross Wheble, Country Manager, Knight Frank Cambodia:Country Manager for Knight Frank in Cambodia and oversees all areas of the operational business. Established in the UK in 1896, and now with more than 417 offices in 58 countries, Knight Frank is the world’s leading independent real estate consultancy. As one of the largest and highest profile valuation practices, Knight Frank’s team of professional experts provides a comprehensive range of valuation and market appraisal services across all sectors, valuing in excess of $1 Trillion’s worth of land and buildings in 2015 globally, including some of the world’s most expensive real estate. Holdings a Master’s Degree in Property Valuation & Law, Ross is a qualified Chartered Valuation Surveyor with the Royal Institution of Chartered Surveyors (RICS) and co-ordinates valuations throughout the Kingdom. Kim Heang, President, Cambodian Valuers and Estate Agents Association (CVEA):Kim Heang is a seasoned professional in the Real Estate industry, Business Development, plus a proven leader with the ability to leverage past experience and amazing creative knowledge towards the attainment of company goals. He has a background in both start-up and working with fast growth innovative companies and specialize in building a company’s capabilities to rapidly increase revenue, service levels and profits. Currently, Mr. Heang is the President of the Cambodian Valuers and Estate Agents Association (CVEA) and the founder/CEO of Khmer Real Estate Co., Ltd. BROUGHT TO YOU BY:SPONSORED BY:

Internationals are increasing looking to invest their money in the Cambodian real estate market. According to the Ministry of Land Management, Urban Planning and Construction in the first 9 months of 2015 investments in the real estate and construction sector had a combined worth of $1,752 million, as compared to $1,540 million during the same period in 2014, which means an annual increase of 13.8 percent. This is great news for the new developments market! According to Knight Frank Cambodia’s research, namely the Cambodia Real Estate Highlights 2nd Half 2015, the top five investing countries bringing capital to the Cambodia property market were Korea, China, Japan, Britain and Malaysia. Meanwhile, international buyers are particularly motivated to secure property in foreign markets, with around 60 percent buying property with cash up-front.  The world is changing fast, and people are happier than ever to live, work and invest outside of their home nations. In fact, according to the United Nations, around 3.2% of the world’s population has already made the move to live outside their country of origin. This is one reason the international property market is getting hotter everyday. At Realestate.com.kh, through our developer’s marketing packages, we easily and automatically help Cambodian property developers enter the lucrative international property market, make international real estate connections, and, ultimately, sell property to wealthy international buyers – all without leaving their computer chair. Established in 2009, Realestate.com.kh is a website business focused on helping people buy and sell property; and developing the Cambodian real estate market’s exposure to the world! All the leading real estate developers in Cambodia are working with Realestate.com.kh to develop their marketing strategy online and offline, and we are generating qualified sales leads for them everyday. For property sellers there is no need to waste your time and money listing property on other classified websites where user traffic is not related to property. Realestate.com.kh is ranked number 1 for search results on google.com and google.com.kh for almost all property search keywords related to Cambodia. Our website is also mobile and tablet optimized, which is perfect for Cambodia where this type of traffic holds a large market share. Meanwhile, we harness social media marketing to push your property to a wider audience, with over 70,000 Facebook followers and an audience of over 20,000 on LinkedIn. Realestate.com.kh also has a high level of traffic from international investors, around 30-50% of all organic website traffic. But in addition to this, for those developers that choose to list on our site we can also export that listing to international property portals around the world. Realestate.com.kh has an exclusive listing partnership with the Property Guru Group, Asia’s leading online property portal group used by more than 11 million property buyers and generating over 500,000 enquiries every month – as the market leading website across Singapore, Malaysia, Indonesia and Thailand. Your listings will be co-listed on all of these Property Guru websites when you list on Realestate.com.kh, generating high quality international sales leads for your sales team or exclusive agency! Furthermore, ListGlobally, another co-listing partner of Realestate.com.kh, is the largest international real estate advertising network in the world and publishes property listings on over 50 leading property portals around the globe – including famous websites such as I-Property Singapore and Malaysia, Realestate.co.jp in Japan and many, many more. Your new development will appear on every single website in the ListGlobally network! When you work with us, Realestate.com.kh also co-list your new development on Juwai.com, the leading property website in China for Chinese interested in International Property Investment. Second only to the USA in terms of international buying power, Chinese buyers represent a tremendous new market opportunity for property sellers in Cambodia and Realestate.com.kh capture this traffic for you through our connection with Juwai. Chinese property buyers are also renowned for paying in cash! Juwai.com is the only international property portal hosted on both sides of China’s Great Firewall, and your listing will be translated and optimized to suit the Chinese market.  Also, early bird discounts are still available for the “Emerging Markets Property Show” in Singapore, a property expo organised by Realestate.com.kh and the Property Guru Group, on the 8th and 9th of October 2016. Cambodian developers can exhibit their projects and close deals with international investors. If you are interested in attending or exhibiting your new development project visit or call Realestate.com.kh on 095911466, 069 436756 or 017 436756, or email info@realestate.com.kh.  Harness the online revolution that is spreading across Cambodia and the globe – and get your listings sold to international investors on Realestate.com.kh today, Cambodia’s home of real estate.

Cambodia’s first eco friendly industrial park, part of a larger mixed use development project named Le Urban Eco Park, was conceptualized by Singapore Developer, CIAC Investment Co Ltd. With its first factory fully operational, Le Urban’s Industrial Park has set its sights on expanding their business rapidly, to remain regionally competitive by designing and structuring their facilities to higher worker health and safety standards than Cambodia has ever seen. In addition, their eco concept brings a host of other financial benefits for their factory owners and tenants by being environmentally friendly, energy efficient, and innovative; all in ways that translate into additional cost savings and improved production efficiencies.SEE THE FULL LISTING AND INQUIRE FOR MORE DETAILS TODAYGreen spaces, parks, staff accommodations, and a commitment to recycling resources and leaving a light carbon footprint have also been incorporated into the master plan to truly make this development a clean and sustainable center of commercial and industrial activity; and one that truly sets the standard for the industry in terms of improving the quality of life for workers and area residents. Le Urban Eco Park is the first of its kind in Cambodia; and their industrial park is leading the way as the only facility awarded the Green Mark Gold Certification by the BCA (The Building and Construction Authority) operating under Singapore’s Ministry of National Development. For more progressive and socially minded factories, having this certification provides greater access and leverage with internationally recognized brands and retailers who value suppliers with a more holistic approach to responsible manufacturing practices. For instance, areas are built to have a wider space where employees have a more comfortable area to work, and improved airflow and ventilation. This is a far cry from what most factories offer in Cambodia currently. These built to order facilities come complete with employee accommodation, canteens and rest areas, and span over a total area covering 18 hectares, with units of up to 100,000 square meters available for lease or purchase. It is estimated to be one of the biggest – if not the biggest – eco park project for the coming years. The developers have incorporated an open and more environmentally-friendly approach by using found elements such as bamboo in its design, replacing air-conditioning with large overhead fans, utilizing more natural light with simple yet pragmatic window placements, and setting aside 30 percent of the development area for gardens and green zones. The result is that owners will spend significantly less money on electricity bills - and can allocate more funds for operations rather than utilities. In addition to its design, C.I.A.C. Investment has also made sure to address the ongoing struggle that industries face in Cambodia with electricity consumption and flooding throughout the eco park. Cambodia has been known to have particularly high electricity costs due to the fact that it imports much of its power from neighboring countries. Le Urban Eco Park will have control over its own electricity supply to meet the demands of the owners at no additional cost. So, there is no need to worry about electricity bills skyrocketing or fluctuating. Le Urban Eco Park also has a sophisticated drainage system that is deep and complex enough to control flooding that may otherwise affect the productivity of workers and the complex at large. Another reason to transfer or expand your business to Le Urban Eco Park is that you can provide low cost but high quality accommodations for your employees and managers who would otherwise be renting out basic and uninspiring flats that barely meet their needs. This is an important factor for owners, as not being able to provide employees sufficient standard of living may eventually lead to losing valued employees. Homes and residential units in this development come fully furnished so your managers don't have anything to worry about except how to improve your business. These condo units and flat house are available for sale now as investment properties; but will also be available for rent through the developer’s sale and leaseback program. Aside from that, the project is also expecting to house around 2,000 factory workers on site in quality dormitories. Your staff will also have canteens, parks, retail and recreational areas conveniently located nearby. Le Urban Eco Park Cambodia is located at National Road 3 , Kandaok, Kandal, which is just 15 minutes away from the Phnom Penh International Airport. So, quick surprise visits will be easy for owners who wish to check how operations are running while connecting flights in Phnom Penh. In conclusion - what makes this the perfect investment for factory owners? It is the developer’s unique focus on three key aspects: standard of quality, construction and efficiency. Le Urban Eco Park not only guarantees that you will get the most out of your money, but it also you save money in the long run - which you can use to further expand your business. Le Urban Eco Park will celebrate its official launch Wednesday, June 8, 2016, at Raffles Hotel Le Royal. The event is invitation only and will include HE Cham Prasidh as Special Guest Speaker and the unveiling of their Project Plan. Interested buyers may contact the sales office for tickets requests, provided there is availability. Change your industry for the better, inquire today to find out more!SEE THE FULL LISTING AND INQUIRE FOR MORE DETAILS TODAY

Phnom Penh is now home to 2.2 million residents, with an annual growth of 3.9 percent. With this fast growth of population, the central business districts of the capital, namely Chamkarmon, Daun Penh, Tuol Kouk, and Prampir Meakkakra (a.k.a "7 Makara" in uniform name), saw a slight decrease of population due to the fact that many residents relocated to the suburbs or outskirts of the city, even though the suburbs or outskirts saw a steady increase year over year. We are seeing an outward urban expansion of Phnom Penh. First, this outward urban expansion of Phnom Penh is occurring because central business districts have been surging in land and property prices and as a result owners might have enjoyed this opportunity and sold out for a considerably high price. Then, they use the money to buy property in the outskirts where land and houses are much lower, with leftover profited amount probably used to expand businesses or save for other things. Second, since property in the central business districts are most sought after, they can rent or lease to tenants who use it for business purposes. Then these property owners relocate to the outskirts and settle down there, enjoying their rents with a good price. According to the Cambodia Economic Census 2011, on average up to 55 percent of business establishments in the four mentioned districts had rented locations there for their business operations, higher than did in Dangkao district, the less-commercial area, only about 27 percent. Third, this urban expansion of Phnom Penh may be caused by traffic pressure and rat-race in the central business districts pushing some people to relocate to the suburbs, where they can enjoy more peaceful and calm environment. Even though people have been moving out to the suburbs, central business districts are not quiet. In fact, businesses of all types have been there, patronaged by, for example, expats and working local people during the day. That is the reason we've seen people commute in large numbers from the surburbs and outskirts in the morning and leave for home after work in the evening, causing traffic jams only at the so-called 'rush hours'. Lastly, landed borey housing developments scattered throughout many of the outskirts of the capital, with a large take-up rate on pre-completion and completion, proves that the city is sprawling and the population gather pace at the suburbs to ease traffic and enjoy new communities out there. By Mr Hoem Seiha, Director of Research | VTrust Appraisal Co., Ltd

Year after year, the standard living for locals in Cambodia, and in particular Phnom Penh, is increasing. New types of property are changing Cambodian lifestyles; such as new standards of commercial buildings, office towers and co-working spaces, supermarkets, malls, entertainment venues, and modern residential developments. These structures offer proof of an increasingly modern lifestyle being adopted by the people of Cambodia.As this standard of lifestyle rises, increasingly Cambodian property buyers are demonstrating increasing demand for properties of a high standard and high quality. Accordingly, the business competition between property developers and designers in the nation is rising fast.These days we can also see more youth in Cambodia fresh out of school joining the business sector, bringing with them ambition, innovation, and a high level of commitment to their personal and business success.One such business sector being joined by more and more young entrepreneurs is interior design, as the demand for such services grows year on year.Starting a small business in the interior design industry is particularly attractive to the young-business sector in Cambodia because entering the market comes with very little risk, compared to some other professions.A young designer can easily catch a contract for the redesign of a restaurant, entertainment venue or home without a large portfolio of projects under their name and without the need for a lot of start up capital. Assisting them also is the growing popularity of the interior design sector across Cambodia.25 year old, Mavaly Chhoeum, senior staff from Studio INT in Phnom Penh, says that, “most of our interior design and construction projects are venues such as boutique clothes shops, restaurants, spas and many more places like this. Clients usually likes the contemporary concepts, and a try to make their spaces a bit more modern.”She added that, “interior design is highly demanded in the Cambodian market these days and competition is getting tough. It is important to travel to learn new things as much as you can, and always be creative and not a copycat.”“Interior design business and construction is more and more popular in Cambodia” said 29 Heang Venvitou, co-owner of Sathapanak Design and Construction.Interior design projects involve managing the creation of unique, attractive and livable spaces inside buildings. The design might follow trends of local taste or import standards of modern lifestyle through design from other countries around the world. Functionality must always be considered too.A good interior designer will leave their signature on the place that they remodel.Now Sathapanak has a collection of projects in hand, such as: boutique clothing store AXARA, Kobe Restaurant, a Spa, Bank, villa, and condo. For the materials that they use, they generally import from Thailand, Vietnam and some material from local.Interior design is driven by a passion to create something new; and given this aim, young Khmer business people with fresh ideas are perfectly suited to catch the market share in this business sector.Before Cambodia needed to import human resources in interior design from other countries, especially neighboring countries of Vietnam and Thailand – but now young interior designers are demonstrating that this is a local industry of great worth and reliability, and one with many opportunities.Find the best real estate news on Realestate.com.khlook for real estate for rent in Phnom Penh or real estate for sale in Phnom Penh? Check out Realestate.com.kh today.

Phnom Penh, May 17, 2016: C.I.A.C. Investment is pleased to announce the development of Cambodia’s first ecologically friendly satellite town – ‘Le Urban Eco Park’. Promoting a greener standard of work and living space, this mixed-use development project along National Road 3 is just 15 minutes from Phnom Penh International Airport and about 30 minutes from the city center.  Le Urban Eco Park is founded on the principles of creating a unique and integrated community that incorporates industrial, commercial, and residential areas, whilst pioneering a new approach to environmental responsibility. Inspired by a vision where communities thrive in harmonious balance with the environment, and driven by pragmatism and energy efficient planning, the team at C.I.A.C. has combined sustainable practices with technological innovation to lighten their carbon footprint throughout the entire site.  Le Urban Eco Park boasts buildings and workspaces designed to save energy, manage resources, and mitigate waste. SEE THE FULL LISTING AND INQUIRE FOR MORE DETAILS TODAYResidents and businesses benefit from significantly lower utility costs as a result of the developer’s energy efficient design, which include solar powered water heating systems, advanced lighting controls, keycard entry system, and Singapore standard water treatment system.  Le Urban Eco Park is an integrated community that promotes the wellbeing of its residents with a greener and cleaner living environment.  The use of natural light and found elements, such as bamboo, helps the park to create a cooler, brighter, and more energy efficient environment, while providing a modern look and feel.  In addition, the developer has purposefully reserved over 30% of the green spaces to be used for public parks, recreation, and leisure areas.  The aesthetics of this groundbreaking design concept will benefit everyone living and working in this eco-friendly environment.  “With more than 20 years of experience in real estate and industrial development in Cambodia, we wanted to raise the bar and initiate a unique new concept with energy conservation and long-term sustainability as our priorities. We believe that everyone should have an obligation to protect the environment.  As the developer, we are dedicated to being responsible members of our community.  We are mindful about how we use water resources, what materials we use, how we treat waste, and try to source as much as we can locally to further support the surrounding communities. We also want the staff to work in more comfortable surroundings, which means a clean, green, and healthy environment.  We believe that a good work environment leads to better productivity. At Le Urban Eco Park, sustainability is integrated, intuitive, and innovative,” said Kelvin Chua, Sales & Marketing Director of Le Urban Eco Park.  C.I.A.C. Investment is proud to announce that the Eco Park’s industrial facilities have been awarded the Green Mark Gold Certification by the BCA (The Building and Construction Authority) operating under Singapore’s Ministry of National Development.  These built to order facilities come complete with employee accommodation, canteens, and rest areas, and span over a total area covering 18 hectares, with units of up to 100,000 square meters available for lease or purchase.  The residential apartment condominiums are freehold tenure with no foreign ownership restrictions.  They guarantee returns of 30% over 5 years, provide attractive rental yields and high capital appreciation.  Bank financed home loans are available for interested buyers with 25 year term at a competitive 9% p.a. interest rate.  Construction of the units is nearly complete, with key handover expected to take place before the end of 2016.  The development will also feature a brand new retail experience, the ‘Eco Park Mall’, combining commercial and retail shop houses, food and beverage kiosks, within a mixed-use commercial and residential area. The mall, the first of its kind in the area, is open to the public and will target youth and lifestyle retail businesses, technology, convenience, and fashion accessory shops and bring them to Cambodia’s next generation of young consumers, families, and travellers.  Shop houses are available for sale off-plan and will officially launch June 8th, 2016, with construction slated to be complete by mid 2017. About Le Urban Eco Park: Le Urban Eco Park is conceptualized and developed by C.I.A.C. Investment Limited, a subsidiary of Ocean Sky Investment Pte Ltd., Singapore. With over 20 years’ experience in real estate and industrial development in Cambodia, the company’s green efforts extend beyond operational aspects of development, to having a more sustainable and positive impact on the environment.SEE THE FULL LISTING AND INQUIRE FOR MORE DETAILS TODAY

The rising Cambodia economic growth in recent years has indicate strong positive signs in its property market. With an estimated USD1.75 billion worth of construction investment, land prices in Phnom Penh most premium areas have risen up to a 100% with a slew of luxury residential projects. So it is the perfect time for an Exclusive Cambodian Property Show in Singapore!Investors can preview the latest projects while gaining insights from industry leaders and developers directly on how the Cambodia property market will fare in 2016 and beyond. Head down to the Cambodian Property Show in Singapore at the Singapore Marriott Tang Plaza Hotel 28 & 29 of May 2016 and listen to what the industry experts have to share and, to find out the most sought-after residential projects. Sign up for this event today and receive an exclusive set of vouchers worth more than S$500* at our registration counter and, stand a chance to win a staycation at Hollandse Country Club and dining vouchers at Singapore Marriott Tang Plaza Hotel worth more than S$1,000*! ARE YOU BASED IN SINGAPORE?Come and learn more about exciting Cambodian projects at the Marriott Tang Plaza Hotel, Singapore: MAY 28 & 29!

Eastland Development Ltd. has demonstrated its full commitment to stay in the Cambodian market and wishes to support the economy through developing innovative real estate projects, fit for the local market and international investors alike. “Cambodia is exhibiting the correct economic growth indicators, investment incentives and political stability to allow us to enter this market in a real estate-related faculty,” said Sam Yang, CEO of Eastland, and “we know these same qualities are appealing to many other international property investors.” Eastland Development Co. Ltd’s head office is located in Hong Kong and is one branch of the world renowned Yuetai Group, which has over 8 Billion RMB in total assets. The Yuetai Group was among one of the first trailblazers to enter the Chinese real estate development market in 1994; and in just over two decades, the Yuetai Group can proudly stand behind a development portfolio that covers more than 20 groundbreaking projects, 10,000,000 sq/m of total floor area constructed, spread across 9 provinces of China. In 2003, the Yuetai Group successfully purchased the majority equities of the listed company Guangzhou Donghua Enterprise Co. Ltd. (SH600393). The Yuetai Group has won various honors for their real estate developments, including the Guangdong Top 20 Real Estate Qualification and Credit Enterprise Award, Guangdong Top 100 Private Company Award, the Guangzhou Top 10 Most Competitive Real Estate Developer Award, Guangzhou Trustworthy Brand Developer Award, and a Contract Abiding and Creditable Enterprise Award, to name just a few. The first Eastland Development project to reach completion is “East One International Apartments” project – a condo development which is already 90 percent sold and under construction in Duan Penh, central Phnom Penh. East One is located within minutes of the central business district, the Prime Minister's house, and the majority of the international embassies. It will include a hotel, ample carparks, full services for residents and amenities such as swimming pool, gym and recreational areas. Main construction is now complete, and East One will be fully furnished and ready for handover to buyers by March 2017. Based on the success of East One, Eastland then launched “East Commercial Center (ECC)” along Norodom Boulevard, a key artery road of Phnom Penh, dotted with government ministry offices and embassies. The East Commercial Centre (ECC) will have 38 floors of pure Grade B office space, divided into small and affordable units, with low management fees, and common areas with all necessary business amenities. Eastland selected to build to Grade B office standard because there is a huge shortage of affordable office space in Phnom Penh, and this grade is in very high demand currently. This guarantees market absorption of the project on completion in 2017. The following stage of this development will be the East View Residence project, which will include four 38-floor high residential buildings. This will provide living space for international and local business people working within the ECC tower, meaning they will not have to commute to their place of work. Eastland’s long term partners in all of these projects within Cambodia include the China State Construction Engineering Corporation, China’s largest and most renowned construction company, and Buildwork Asia, a full-service property management company from Japan with over 50 years of experience in the property management industry. Inquire about Eastland projects today on Realestate.com.kh, Cambodia’s home of real estate: EAST ONE INTERNATIONAL APARTMENTS | EAST COMMERCIAL CENTER ECC | EAST VIEW RESIDENCESThese Eastland projects have sold very quickly in the local Cambodian market, Taiwan and China. However, sales will now launch in Singapore and Hong Kong, as the Cambodian property market profile has now developed considerably in these markets. Eastland offer a level of quality and professionalism that the Hong Kong and Singaporean markets expect, with a unique company experience and understanding of what makes a project suitable, saleable and rentable for the local Cambodian market. Cambodia has also evolved into a place of notable political stability, despite a largely unverified international stigma. The country has now had the same Prime Minister for more than a quarter of a century, the longest serving non-royal leader in South East Asia. Out of the ASEAN nations, Cambodia has demonstrated itself to be within the top 3 in regards to political stability. Most attractive about the Cambodian property market for foreigners is the unique ability to invest totally in US$. There are no restrictions for exchanging US$, making it a highly-free flowing currency, and a global currency showing superior stability to all others. Transferring funds from abroad into Cambodia is very easy and able to be done with very little process. Meanwhile, when you resell your property in Cambodia, you can transfer your money outside of the country very easily, simply by showing your receipt of sale. Appreciation gains for Cambodian real estate are much more attractive than other established markets thanks to the nation’s consistently fast growing economy and GDP. Buyers of property in Phnom Penh can safely expect 6 to 8 percent appreciation. And, especially for Eastland projects, a 7.5 percent 5-year leaseback guarantee is available for all buyers. Meanwhile, investors in Cambodia are guaranteed secure assets, with well-versed freehold foreign ownership laws and highly attractive long term lease policies. Yang also cites China’s “One Belt One Road” initiative – wherein Cambodia is a part of China’s elaborate plan of land and sea connections to the rest of Asia, Africa, and Europe – saying that plans for the Chinese railway in coming years would only aid international investment in Cambodian real estate, and fuel the economy further. “We are extremely confident that the next great international economic boom will happen within the ASEAN countries,” concludes Yang. Don’t miss out your chance to invest in the last real estate frontier, Cambodia, with a developer you can trust, Eastland Development. Inquire about Eastland projects today on Realestate.com.kh, Cambodia’s home of real estate:EAST ONE INTERNATIONAL APARTMENTS | EAST COMMERCIAL CENTER ECC | EAST VIEW RESIDENCESARE YOU BASED IN SINGAPORE?Come and learn more about Eastland's projects at the Marriott Tang Plaza Hotel, Singapore: MAY 28 & 29!

Camhomes would like to congratulate all new buyers who came and booked units at “The D’Seaview Exhibition” at AEON Mall from 7-15 May!Buyers who visited the D’Seaview exhibition on 7 May at @AEON enjoyed the special offer from Camhomes: “Buy one get one free,” for retail and residential unit purchases.During the roadshow at Aeon, new buyers also enjoyed Double Prizes! Including instant gifts of Samsung S7 Smartphones, and the chance to win a Honda Scoopy 2015, TV, oven and fan. Learn more about current promotions!And everybody got a chance to meet Cambodian celebrity: Aok Sokunkanha! Thanks to Camhomes!Even if you missed the show at Aeon Mall last week, it is not too late to secure your dream home in D’Seaview in Sihanoukville!  Inquire today with the friendly Camhomes team in Phnom Penh or Sihanoukville!

Welcome to another real estate news recap, from Realestate.com.kh – your leader in property information! Keep up to date with market changes, and be an investor with FORESIGHT!Cambodia and Russia Partnership:In a discussion May 16 with Russian Prime Minister Dmitry Medvedev, Cambodian Prime Minister Hun Sen proposed converting a portion of the $1.5 billion that Cambodia owes to Russia into economic and investment cooperation opportunities. This was on his recent visit to Russia. While there has been no clear statement of how the two countries will go about this issue, Medvedev and Hun Sen continued to sign an agreement that put importance on trade, investments and defense. This, according to the prime ministers, will strengthen and highlight the relationship of the two countries which already spans decades in history.The Rise of Sihanoukville:While Prime Minister Hun Sen discussed investment opportunities and economic alliances in Russia, the Cambodian Minister of Tourism, Thong Khon, and the Minister of Land Management, Urban Planning, and Construction, Chea Sophara, had their own discussions about portioning Sihanoukville into three segments or sections to make it more manageable. The three sections will be characterized as luxury beaches with the private sector, public beaches with the private sector and public entertainment beaches. How this affects zoning and property allocations remains to be seen.The Division of Sihanoukville:The segmentation of Sihanoukville seemed like a fair agreement for everyone. After all, this will allow authorities to easily manage local policies and accesses. Everything seems fair, of course, until someone says it isn’t. This is the case with 14 vendors whose stalls and businesses were demolished in the Ochheuteal beach on April 9. This was after an eviction notice was given to them on March 13. It was reported that there were around 30 stalls that were dismantled to make way for infrastructure and a garden. Some of the vendors had agreed to the $3,500 compensation, but there are still a few who refuse to come to terms with this new development. The evicted vendors had already filed a complaint with the Interior Ministry last Tuesday. As a result of this, Secretary-General Khieu Sopheak has tried communicating with Preah Sihanouk Provincial Governor Yun Min to see if this issue can be resolved peacefully.A First for Pursat Province:Since the discovery of an investment potential for a development in Pursat Province, local developer – Green Trade – is planning to build a mall and flat along National Road 5 at the Lor Lork Sor district. This road bears much value as the connector of Bangkok, Ho Chi Minh and Phnom Penh. According to Okhna Phou Puy, the head of the Cambodian Rice Millers Association and also the director of Green Trade, the development will also build a farmer’s market and compound flats. Construction is expected to start by the year 2017 where they hope it will meet the New Year with a bang.Chroy Changvar Land Titling:With a welcoming embrace of doubt, local groups for land rights had warmed up to the announcement of District Governor Klang Huot that titling will start this week for residents affected by the Overseas Cambodia Investment Corporation (OCIC) development which is valued at around $1.6 million. Klang Huot adds that officials coming from the Ministry of Land Management, Urban Planning and Construction will arrive to also inspect the communes of Prek Tasek and Prek Leap. Residents were advised to ready their land documentations and plot their lands but have yet to receive details about how much the compensation will be. Officials have yet to confirm the final terms for the said titling.EEU Free Trade Zone: In a statement made by Russian Deputy Foreign Minister Igor Morgulov at the Russia-ASEAN Summit held in Sochi, he reveals that a number of countries in Southeast Asia have expressed the will to create a free trade zone agreement with the Eurasian Economic Union so as to establish healthier business ties and investment opportunities amongst them. These countries include Cambodia, Thailand, Indonesia and Singapore. It’s still not clear whether the EEU is open to accepting this type of partnership with the above-mentioned countries. Until this is confirmed, the free trade zone remains to be a possibility and a topic of interest.

Talks of growth in Cambodia has made it a hot-spot for foreign property investment in the last few years, and the nation is receiving worldwide interest from property developers and investors. Known for its beautiful culture, awe-inspiring beaches, mystical forests and rivers, and enormous temple complexes, it’s easy to understand why everyone wants a piece of it. But more than the aesthetic beauty of the country, there are a few other things that give Cambodia its property investment charm:U.S. Dollar Based Investment:Cambodia has used the U.S. dollar as one of its main currencies for a long time now, over 20 years in fact. The government explains that the US$ provides stability in the market with ease of conversion from Riel (the local currency). This makes transactions less complicated for investors and offers a currency option that faces very few transfer restrictions around the world. There are no restrictions for exchanging US$, making it a highly-free flowing currency, and a global currency showing superior stability to all others over recent years. Transferring funds from abroad into Cambodia is very easy and able to be done with very little process. Meanwhile, when you resell your property in Cambodia, you can transfer your money outside of the country very easily, simply by showing your receipt of sale. Many regional banks that have opened in Cambodia also offer ample support for foreign investors who wish to enter the growing real estate market of Cambodia.Early Development Phase:Even though the Cambodian real estate industry has come a long way in the preceding years, there is still a large chunk of undeveloped land and untapped districts able to be utilized by investors and developers from overseas. Most developments in recent years have focused on the capital Phnom Penh, the beach town of Sihanoukville and the tourist destination Siem Reap; but Cambodia still has huge potential for growth in other regions, and investors are welcome to join in when they bring FDI, infrastructural support and experience.Impressive Growth in GDP:Research from a large variety of sources has demonstrated a consistent average GDP growth of 7 to 7.5 percent in the last 5 years for Cambodia. This has allowed the Kingdom to rank 21st in this measure of growth worldwide, and the 1st in the Southeast Asian region – further solidifying its integrity for potential growth into the future. While the bulk of this GDP has traditionally come from garment manufacturing, the economy is entering a phase of diversification and value-adding upskilling which is set to take the economy to a new level of sustainability, for both investors and Cambodian nationals. In fact, last year construction was the largest engine of GDP growth in Cambodia - a testament to the emergence of a booming real estate industry. Appreciation gains for Cambodian real estate are much more attractive than other established markets thanks to the nation’s consistently fast growing economy and GDP. Buyers of property in Phnom Penh, for instance, can safely expect 6 to 8 percent appreciation each year.Secure Assets:Development in policies regarding strata titles, whereby foreign investors can purchase co-ownership in a property as a workaround of the Cambodian State Constitution, has proven to be a profitable decision for its economy and a key for foreigners looking at entering the real estate market. Long term lease policies have likewise allowed huge opportunities for international investors to enter the market and these have provided security sufficient to encourage more and more inward investment.Strategic Trade Location and Logistical Integration:Lying between equally competitive and growing neighbor countries, Cambodia is located alongside Thailand and Vietnam. Meanwhile, the economy sits between the two giants of China and India, with consistently growing partnerships with both. It has also joined ASEAN and has established highly beneficial trade agreements with Europe, North America and Australasia. Infrastructure and trade services have been one of the things Cambodia has pushed very hard on in recent years. That is why it has continued to build better roads, railways, bridges and deep sea ports. It has also continued to develop its international flight connections across the country so as to integrate fast transport and travel for investors. As part of China’s “One Belt One Road” policy, the country will also soon see interconnecting railways across the Asian region and into Europe.Political Stability: The fact that the Kingdom has had one prime minister for almost a quarter century means that there has been, and will continue to be, consistency and continuity in its highly investor friendly policies and political practice. In fact, the current prime minister represents the longest-ruling non-royal leader in South East Asia. Out of the ASEAN nations, Cambodia has demonstrated itself to be within the top 3 in regards to political stability. Retirees' Mecca:Cambodia boasts a low cost and high-standard of living for retirees; offering a great lifestyle at a fraction of what it would normally cost in other places in the region, and tiny compared to highly developed economies. This is what makes it a perfect retirement spot for foreigners. This is becoming increasingly so as the nation's logistical connections, health system, schools, visa support systems and infrastructure grows in leaps and bounds. People:According to the Population Division of the United Nations’ Department of Economic and Social Affairs, Cambodia has about 15,700,000 people, and these people are the Kingdom’s greatest asset in terms of growth. They are not merely spectators to growth; they are the drivers of economic progress - given that 70% of this population is under 30 years of age! Aside from that, the people of Cambodia are also naturally friendly and welcoming, and most understand the value of partnering with internationals for benefits in terms of sharing worldly experience, education and economic benefits.   These are just some of the things that have given Cambodia its charm for investors in the last decade. And as more and more people see the great accomplishments in its past developments and its full potential beginning to emerge, it will soon grow even more attractive for property investment opportunities, whether at a personal or at a business scale. Nevertheless, for the most appreciation, NOW is the time to consider investing in Cambodian real estate! FIND A PROPERTY NOW!

CB Richard Ellis (Cambodia) Co., Ltd. (CBRE Cambodia), first came into existence in 1993 and is now the world’s largest commercial real estate services and investment firm.CBRE has an employee count of 70,000 in 400 offices worldwide. Foreign nationals from the UK work within each subsidiary company and pass on international knowledge to local staff in offices across the globe.Attributing to its strong market growth and expansion, CBRE Cambodia launched in Phnom Penh, Cambodia, in 2008.Equipped with more than two decades of experience in the real estate industry, CBRE Cambodia has provided assistance in all different aspects of the real estate industry, all over the Kingdom. With the help of its specially trained experts, they offer services like execution for property sales and leasing, strategic advice and consultation, corporate property sales and management, full facilities and project management, all types of appraisals and valuation, mortgage banking, in-depth research and consultancy.CBRE Cambodia also have experience in a lot of types of properties and transactions, including villas, boreys, condominiums, apartments, shop houses, office leasing, industrial space, hotels, resort, land, investment, retails for rent and retails for sale.Senior Associate Director, Sothida Ann, says that, “CBRE does not directly invest in or acquire projects in the market; we are a service provider using our experience and regional support to provide our clients with the soundest advice when they are looking to invest in the market. One of our main areas of work is in research to advise developers and investors on whether it is the right time to enter the market, often performing feasibility studies for the client to see if their project is viable.”With its goals focused on setting a strong regional presence and widely respected service record, CBRE Cambodia have attracted, and are still attracting, investors from all over the globe to the Kingdom.CBRE Cambodia represents one of the most trusted and reliable firms in the Kingdom - not just because of its years of experience globally; but because of what they have achieved in the two decades that they have operated.As a testament to its success, CBRE Cambodia has been involved with key local projects such as the Australian Embassy, Phnom Penh Tower, Hongkong Land’s new development projects, Vattanac Capital Tower and Song Saa Island Resort, to name just a few.CBRE Cambodia leads the pack; because, unlike its competitors that offer only two-dimensional assistance packages for potential owners and investors, CBRE Cambodia has made certain that it can offer 360 degree assistance from step one - the time that you would need the most guidance and education - right through to final completion.CBRE Cambodia’s triumph is not only in acquiring as many investors as they can to grow their business, but in the quality of their services: an irreplaceable tool for investors and developers to find success in their current and future ventures.VIEW CBRE's BEST PROPERTIES NOW