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RICS Valuation Training in Cambodia
RICS Valuation Training in Cambodia
June 6, 2022, 5:05 p.m.
Realestate News
The UK Royal Institution of Chartered Surveyors (RICs) launched their first specialist course on Plant and Machinery Valuation, in partnership with IBC, on the 3rd September in Phnom Penh, The course, which represents a first for the Kingdom, taught local and international participants the fundamentals of Plant & Machinery (P&M) Valuation Standards, Valuation Methodologies, Code of Ethics, and Risk Management principles. 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. Their expertise covers property, asset valuation, real estate management; the development of infrastructure; and the management of natural resources, such as mining, farms and woodland. Read another useful article about valuation standards in Cambodia here. In addition to the RICS course, BritCham, in partnership with IBC and RICs, recently organised a half-day forum on the promotion of building and fire safety standards. To-date Cambodia still does not have a set of Building or Fire Safety standards in the area of construction. Several initiatives within the Government are currently being developed, as well as by the private sector and relevant institutions. This led to the UK Government’s Foreign and Commonwealth Office and UK Trade and Investment to commission the Royal Institution of Chartered Surveyors (RICs) to produce a report on 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. The Report further provided the foundation for the country’s first Building ConstructionLaw, drafted by H.E. Dr. SOK Siphana. Following on from this, the purpose of the joint IBC and BritCham seminar was to bring together relevant stakeholders - both from the private and public sector - to examine the findings and recommendations of the RICs report and discuss a common approach to the developing building and fire safety standards for Cambodia. Read another article about fire safety standards in Cambodia here.
How to Adopt a Cooler Lifestyle in a Green and Energy Efficient Building
How to Adopt a Cooler Lifestyle in a Green and Energy Efficient Building
June 6, 2022, 5:06 p.m.
Realestate News
Is your air conditioning bill causing you financial stress? Do you want to reduce your home or office's’ carbon footprint but still keep your body cool? Realestate.com.kh spoke with Professor Dr. Karl Wagner, from the School of Business at the University of Kuala Lumpur, a world-renowned specialist on green building science, about some simple ways to cool down your buildings and your bodies, without turning up the air con!Evaporative Cooling: Whenever you feel hot when coming from outside the house back indoors, typically in temperatures of above 26 - 30ºC, take a more extensive cool shower of 2-3 minutes, and dry only what is socially necessary. This encourages evaporation cooling across your body, which will bring down your body temperature for longer.“Chill-In” Office Booths: In the commercial application of this, offices can provide air conditioned “chill-in” rooms at the entrance of the building - potentially with work stations and wifi. These cooling pens allow for staff to cool down when they first enter the office from the heat outside. Once all staff spend a few minutes in these designated “chill-in” rooms, they can then enjoy a warmer temperature inside their office space.Instead of pumping up the air con across the entire office space at low temperatures, or rising and lowering the entire office temperature based on weather conditions, these temporary “chill-in” spaces allow all staff to cool down their bodies before they enter the office, and be better acclimatized to warmer temperatures once inside their work space. This saves on energy costs for the office, and means cool air isn’t wasted. It also encourages body temperatures to adapt to medium temperatures in the longer term. NoHeavy Bed Sheets: In sleeping rooms, do not use thick comforters/duvets on the bed - because these do nothing but trap heat under you. Accepting tropical thermal comfort also means the demise of bed comforters! Duvets make sense to the colder temperatures of northern countries where they were invented - but not Cambodia, or other tropical climates. In an aircon cooled arena such as your bedroom, they create a vicious circle - the thicker the duvet, the lower we set the air con, otherwise we sweat under or even on top of the thick blanket. Take it off and replace it with a thin sheet.Escape During the Heat of the Day: If you have a typically un-insulated house in Cambodia, leave the house during the hot afternoon hours whenever possible. This is because, without heavy air con usage, it is impossible to keep it cool at these times. Offices, shopping malls, libraries and other public places are great getaways during the heat of the day. They are cooled down to digestible thermal comfort zones anyway, and going out for shopping and other daily needs will both increase your stamina and fight obesity (if this is an issue).Green Lifestyle Jives in Tandem with a Healthy Lifestyle: It is an old rule, independent of cultures, not to eat anytime up to 3 hours before you intend to sleep. Our digestion appreciates this and, instead of sweating due to late heavy meal, we can easily stand and appreciate a higher comfort temperature. We don’t have to be nutritionists to switch our eating clock forward. If we feel over saturated after a belated meal, a walk through the park or more intense evening exercises can work miracles to burn the inadvertent surplus of calories and cool your body down naturally.Want to learn more about Cooler Lifestyles in Green and Energy Efficient Buildings? check out or news page now!
New CVEA President Announced
New CVEA President Announced
June 6, 2022, 5:05 p.m.
Realestate News
Mr. Kim Heang, CEO of Khmer Real Estate Co., Ltd, was awarded the honor of becoming the President of the Cambodian Valuers and Real Estate Agents Association (CVEA) at the presidential elections held at the Cambodiana Hotel last Friday, 25th of September. Kim has over 12 years experience in the Cambodian real estate industry, and has demonstrated leadership in several roles - the foremost being his position as CEO at Khmer Real Estate.  In his presidential pitch, Mr. Heang presented the members of the CVEA with promises for the direction of the Association under his leadership. "Firstly," said Heang, "I will gain the trust of the members and the general public and will set a goal for the organization which I can achieve during my term as President." Mr. Heang's promises included reaching out to sponsorship of the CVEA through various levels of membership. The majority of these sponsors will be Real Estate Developers, Construction Companies and Banks. Heang vowed to all members to see the CVEA, "work with the Ministry of Economic and Finance, or State University, in bringing an International School into Phnom Penh for a Real Estate and Valuation focused curriculum." Further, Heang wishes to see valuation services standardized in regards to price and quality: "We need to make the minimum charge at $170 per valuation report, as of January 2016, and increase this minimum rate to $200 per report, by January 2017." Realestate.com.kh wishes Mr Kim Heang the best of luck in bringing these initiatives to reality - and hopes the CVEA can continue to provide support for the real estate community.
Rental Checks before Signing On
Rental Checks before Signing On
June 6, 2022, 5:05 p.m.
Realestate News
Whenever renting a new house or commercial space for business, the things that grab our attention first and foremost are the location, price and the supporting lease clauses. However, we often miss out on and overlook certain small but equally important things. You should remember that your final lease agreement is not going to include a lot of important stuff that will ultimately make or break the rental agreement, and this could well be the same stuff that even your landlord or broker won’t reveal pre-contract. Read another Checklist for Securing your Dream Rental Here.Here is a few extra things to consider above and beyond the rental agreement, thanks to Realestate.com.kh:How's the Landlord?Always do a background check of your landlord to make sure everything is above board. This need not be a difficult one, or necessarily call on any official records. Neighbors and grocery shop owners in the vicinity are often the best sources that can help you ascertain your prospective landlord’s nature and his ownership over the property. Also, you should check how far or close he or she lives from the rented apartment. A  landlord who is too nosey is sometimes equally as bad as an extremely laid back one. A lot of good apartment rental experiences are ruined because of landlords - so work out fast whether or not yours in a keeper. Also, try to speak with past tenants. The landlord may be able to provide contact details of the last tenant. If he or she does, call them - and get the down-low on the property and the landlord before agreeing to sign on.Meet the Neighbors:Similar to the above regarding landlords, a bad neighbor can ruin your rental experience. Try to meet your neighbors before finalizing the house agreement and find out whether they will have an overbearing influence on your life. Consider their set up too - is it a family living beside your house or a bunch of young guys? This will make a difference to your satisfaction once the contract is done - so find out before the point. Visit at night:Visit the area where your new residence resides at night to check its safety. A neighborhood that’s calm during the daytime can turn into a very noisy place at night time. Does a KTV open next door after 7pm? Is the entrance to your prospective home lighted sufficiently? Do you feel safe in the new area? If you don't, you can bet your family won't.Is your pet allowed?Find out your landlord’s stance on pets, if you have any. Many landlords don’t allow pets, so finding one which does can often be a challenge for the renter with fluffy friends.Consider the local commute:Try and get to work, or school, from the new house - before agreeing to live there. Many times,  our commute related research is merely based on the rough distance between your home and destination. Walk through your travel route and see how easy and efficient it really is.You’re now ready! Get on Realestate.com.kh/rent today and start the search for your dream rental! Of course, Realestate.com.kh’s 6000+ rental listings make it effortless to see what is available across the Cambodian rentals market. Read another Checklist for Securing your Dream Rental Here.
Checklist for Securing your Dream Rental
Checklist for Securing your Dream Rental
June 6, 2022, 5:05 p.m.
Realestate News
Finding the perfect rental can be a taxing experience. Of course, Realestate.com.kh’s 6000+ rental listings make it effortless to see what is available across the Cambodian rentals market. Yet, when it comes to inspections, the bulk of your search and consideration usually revolves around technical aspects of the new home, such as proximity to your office or your kid’s school, your budget, the number of bedrooms and the like – it is easy to overlook some of the smaller but equally important details during the heat of the viewing. Here’s a checklist, thanks to Realestate.com.kh, to ensure you’re not forgetting anything! Additional costs: Most rental rates are exclusive of extra monthly charges. Monthly maintenance, waste collection, gas and water rates, electricity bills, bond payments etc. can add to the monthly rental price significantly – so make sure you inquire about all extra expenses while you are viewing. And confirm them in the rental contract before signing. Expect to pay no more than 1000Riel/$0.25 per Kilowatt for electricity, $5 per month for water charges & trash collection and $5 per month for TV cable connection. Read the contract: Seems like a no-brainer – but read your rental agreement with care and attention. Learn the ways in which you can be liable for a breach of your contract, for example having pets or parties – different land lords’ stipulate different reasons for being allowed to throw you out, so make sure you know what the land lord in question expects of you before you agree to stay. Get the right title!Everyone haggles! Always bargain the price with your landlord no matter how it makes you feel. Learn how to haggle here. The same goes for your real estate agent. Remember, that while your real estate agent is acting in your interests to some degree – they are ultimately acting on behalf of the sale, and their commission will be higher if the final agreed price is higher. If you are applying for a long term rental, 1 year or over, use this as a bartering tool. Also, while the landlord may not be flexible on monthly rental price, you may still be able to push them for additional services or home furnishing/appliances for free as contract sweeteners. An upfront advance on your first few months’ rent may also be an enticing bartering point for landlords looks for a fast cash injection in the short term, but ensure everything is receipted correctly. Here's some tips to finding the perfect agent.Safety First: Regardless of what your agent tells you, be personally responsible for you and your family’s safety when considering any new rental property. Walk around the neighborhood of any property you are considering renting, speak with neighbors (and other tenants if it is a shared building) and come back to the area at nighttime and make sure no hidden threats appear when the sun goes down. Also, always consider the potential for flooding. A 24 hour review is necessary to note any noise hazards too – there may be construction in the afternoon that you never noticed at the morning viewing, or a night club could open at night next door. For a little extra attention before agreeing to the rental contract, you can truly understand the pros and cons of the property. Little Things: Check faucets, door hinges, locks, door knobs, power points, appliances, water heaters and gas cookers before agreeing to rent. Most of the time these things look perfect until further investigation - but if you catch minor problems now, you can ask the landlord to fix them before the agreement is settled. Here is a pre-purchase property checklist.Bug Free? Keep your eyes peeled for any signs of a bug infestation. It is not uncommon and it’s easy to miss signs that your new home is shared by a family of cock roaches, termites, mice or other pests. Unless it’s a critter co-lease you’re looking for, find out before it’s too late. Photo Evidence: Before agreeing to the bond payment, take photos of every room in the house while it is empty. In these pictures, make sure you evidence any preexisting damage to the property. This way, when your contract eventually ends, the landlord has no grounds to deduct wear and tear damages from your deposit that in fact you weren’t responsible for. You’re now ready! Get on Realestate.com.kh/rent today and start the search for your dream rental!
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The Borey Buyers’ Guide
The Borey Buyers’ Guide
June 7, 2022, 5:47 a.m.
Realestate News
The borey life is the dream of countless families across Cambodia. However, not all boreys are equal. Here is a checklist from Realestate.com.kh to make sure you are in fact securing the right property for you and your family - and a sound investment.What is a borey?Essentially, a borey is a gated community of flat houses, twin villa houses and single villa houses, including public areas, gardens and full security services. Those who want to buy a borey home are looking for privacy, a safe place for their family to grow, areas where communities can develop, and a place where all modern amenities are assured. They are they prefered first home of newlywed Cambodian couples looking to start a new family. Not Cambodian? Not sure if you can buy a borey? Learn about foreign ownership laws here. Learn more about Phnom Penh Residential Space here.Is it a registered borey you’re buying?Before purchasing any “borey” home, or any gated community home which calls itself a “borey,” you must first ensure it is infact registered as a borey and has all the correct licenses. Ask your real estate agent, or the property owner, to provide all certification before considering purchasing the property.Here is what you need to see:Correct Hard Title:  The borey development owner must first have hard title for the entire project property, and it must be divided into individual hard titles for each housing unit within the borey. Learn more about Cambodian land titles here.Registered Development Company: The owner/developer must be a registered Cambodian company.Master Plan Approval: Before any construction begins on a borey development, the Ministry of Land Management must first approve the developer's Master Plan.Construction License: Having approved the master plan, the construction company is scrutinized. In order for a gated community development to call itself a “Borey,” it must be built by a single, registered construction company, with a license to construct from the Ministry of Land Management. This ensures the buildings are built to an adequate standard, and necessary amenities and infrastructure are guaranteed.Borey License: If everything is in order, the Ministry of Economics and Finance issues a borey license - which means that the Government is satisfied with the quality of the development’s design and sales plans, and the correct land titles for that housing project are in order. Each property within the development will have an independent hard title, meaning the future home owner has full ownership rights on purchase. This means the development can legally be called a “borey”.Buying a registered borey home means due diligence has been done for you by the Government - at a national level - and you can guarantee that the correct construction and legal processes have been followed.In comparison, Cambodia hosts many large developments of flat houses which look exactly the same as a borey community in their design, and sometimes even called a borey in their marketing. However, those developments have not been scrutinized or licensed. Developers avoid registering as a borey because of the additional expense and scrutiny over their construction and legal standards. To build and sell a flathouse development, not titled as a borey, means less licensing is required, and official permission for construction and selling is only needed at a Khan or Sangkat level. Your title may not be valid, and the quality of the house’s construction and its Sales and Purchase Agreement is not certain. Avoid unregistered flathouse developments, or risk investing in a insecure asset that may not match pre-sale descriptions.Check out Cambodia’s latest and greatest borey homes for sale and rent on realestate.com.kh today!
Why Agents Prefer Realestate.com.kh
Why Agents Prefer Realestate.com.kh
June 6, 2022, 5:05 p.m.
Realestate News
Realestate.com.kh offers a range of products that help real estate agents in Cambodia build their brand, increase inquiries and ultimately sell more property.We are not agents here at Realestate.com.kh and we do not take commission – but we do seek to provide the best possible online real estate buying and selling experience for both home buyers and property sellers.Realestate.com.kh has many ways to help Cambodian real estate agents professionalize their business – at very little cost.Realestate.com.kh can design and build your agency a modern and highly functional website, tailored to real estate agent needs, at very competitive prices – and we also offer leading CRM technology to manage your listings and your real estate sales team. For this reason, Cambodia’s best real estate agencies already have accounts on Realestate.com.kh. To make matters even easier, your listings can be automatically exported to Realestate.com.kh’s listing database at the same time they are uploaded to your agencies website.People come to Realestate.com.kh for one reason – to search for property – and for this reason, they stay on site for a long time, checking the latest properties that suit their search criteria. For agents, there is no need to waste your time and money listing property on other classified websites where user traffic is not related to property.Meanwhile, make more money from your listed properties by inviting international investors to view your listing. Realestate.com.kh has a high level of traffic from international investors, around 30-40% of all traffic, and for those agents that choose “Featured Listings” on our site, we can export that listing to international property portals around the world. ListGlobally, a partner of Realestate.com.kh, is the largest international real estate advertising network in the world and publishes property listings on leading property portals around the world – including all featured listings from Realestate.com.kh.Furthermore, when an agent decides to “Feature” a listing on Realestate.com.kh, we do not allow another agent to request to feature the same listing. This allows you to act as the exclusive agent for that property – as it will automatically be the highest on the property list. Banner advertising on Realestate.com.kh is another great way to drive relevant traffic to your agency’s website.If you are an agent wishing to list your property on Realestate.com.kh, contact us today at info@realestate.com.kh or 017436756 and we'll be happy to help you grow and professionalize your real estate businessthrough our website.
ECC Phase 2 Construction Announced
ECC Phase 2 Construction Announced
June 6, 2022, 5:05 p.m.
Realestate News
See the ECC Featured Listing on the New Developments page The East Commercial Centre (ECC), slated for completion along Norodom Boulevard in late 2017, seeks to create a hub for new business in Cambodia. The interior layout of ECC will reflect the demand of start-ups and international business entrants as office space is available in compact and affordable units, between 33msq and 66msq per unit, with rental pricing as low as $15 - $20 per square meter, and managerial fees less than $2 per square meter. All common areas lighting will be solar powered to further reduce managerial fees and the building’s carbon footprint. The East Commercial Center shall offer affordable and highly practical office space in the heart of Phnom Penh. However, the ECC, a single tower of 38 floors, is part of phase one of a much larger development project. East View, the development that will host the ECC Office tower, will include three 38 floor towers in the first phase of the project, all developed by Eastland (HK) Ltd. The two other 38 floor towers that will complement the ECC tower are entirely residential - the East View Residences. The advantage of having one office tower, ECC, and two residential towers in the same development, the East View Residence towers, is that businesses that buy or rent office space in the ECC tower will be able to live within the East View Residential towers. Living close to your business headquarters is a competitive advantage in downtown Phnom Penh, where traffic congestion is a growing consideration. Also, no time and money spent on transport to your place of work means more time and money for your family, friends and pursuing new business opportunities. The East Commercial Centre (ECC), slated for completion along Norodom Boulevard in late 2017, seeks to create a hub for new business in Cambodia. Since the announcement of the construction of the first phase of the East View Development, namely the ECC tower and the first two Residential towers, Eastland has received great feedback from the local and international market - businesses want to reserve office space in the commercial center and families and business people want to buy units within the first two residential towers. In light of this very positive response and the sense responsibility this has evoked in the developer, Eastland intends to start the second phase of the Eastview development shortly. The second phase will include a business hotel and supporting facilities to meet the ECC’s demand. Some of these additional facilities will include a high-end club, a swimming pool and a full health and gym center. A lot of real estate agents have also shown great interest in the ECC and East View development, and Eastland has confidence that over half of the development will be able to be sold to locals within the Cambodian market.  See the ECC Featured Listing on the New Developments page
Dream Homes: Song Saa Private Island Villa
Dream Homes: Song Saa Private Island Villa
June 6, 2022, 5:05 p.m.
Realestate News
Welcome to Realestate.com.kh's Dream Home Report. Every week we will showcase one of our most luxurious, interesting and unique properties from throughout our listings database. We want to show you the gems of the Cambodian property market. This week we look to Sihanoukville and a set of Island Villa's that will make any beach lover excited. The resort features 27 intimate island villas, uncompromising on luxury and design to reflect the simple beauty of the natural environment. See the full listings here and here Villa 2 is one of only three two bedroom overwater island villas at Song Saa, and the only overwater villas with swimming pools in South East Asia. The island villas offer direct access from the deck area into the sea, as well as perfect views out over the local scenery. It is the perfect place to enjoy a sunset drink with friends and loved ones. Complete with private pools, high-end creature comforts and a world-class restaurant and lounge at the heart of the resort spectacularly positioned just off the island’s shoreline and surrounded by sea. A short stroll on the boardwalk will leave you perfectly positioned to take in dramatic sunsets, seascapes and starry nights. * Vista Bar and Restaurant * Driftwood Bar * Pool-side dining * Large infinity edge swimming pool * Spa and wellness sanctuaries positioned in the rain forest and along the shore * Yoga meditation centre on the shoreline, ideal for yoga at sunrise * Water sports such as scuba diving, kayaking, snorkelling and boating * Ecological programme to experience the areas flora and fauna * An exclusive island boutique featuring designer labels from around the world The villa is available on a sale and leaseback scheme where owners are entitled to 30 nights usage a year in exchange for a return. Located within the Koh Rong Archipelago off the coast of Sihanoukville, Cambodia, the luxurious and idyllic Song Saa Resort spans the islands of Koh Ouen and Koh Bong (known locally as Song Saa – Khmer for ‘The Sweethearts’), connected by a footbridge over a marine reserve which is home to an abundance of marine life including turtles, seahorses and exotic species of tropical fish. With an ever increasing number of international flights into Siem Reap and Phnom Penh, and with the recent introduction of domestic flights between Phnom Penh and Sihanoukville, access to Song Saa Private Island has never been easier. From Sihanoukville Port it is then a comfortable 35 minutes to and from Song Saa Private Island on luxurious speed boats. See the full listings here and here This listing is from Knight Frank Cambodia, one of Realestate.com.kh's latest "Featured Agents". Find out how to become a "Featured Agent" today!
Why Property Seekers Prefer Realestate.com.kh
Why Property Seekers Prefer Realestate.com.kh
June 6, 2022, 5:06 p.m.
Realestate News
Are you looking for a new home – but are too busy working and trying to make time for your family and friends? Are you sick and tired of driving around the street for hours looking for houses to buy or rent, scanning multiple property websites, and having hundreds of meetings with real estate agents - all with no success?Whether you are looking to buy a villa or a luxury condo, office space, a retail location, or industrial property for a new business venture - you will find the widest selection of real estate in Cambodia on our website, all of which you can search through with our intuitive search engine, specifying the exact criteria you are looking for in a new property, and the area in which you hope to live – right down to the nearest Sangkat.Welcome to the future of real estate shopping, today. Established in 2009, Realestate.com.kh has grown to be the number one real estate website in Cambodia. We are not agents; instead, our mission is to support agents and property buyers by making searching for and finding real estate in Cambodia fast and easy.If you want to spend more time doing what you love, and less time looking for a house...then you should visit Realestate.com.kh.We have more than 10,000 properties for sale and rent, from all the leading real estate agents in Cambodia. We can even set you up with a home loan suited to your needs, an insurance quote for your vehicle or new property, and professional valuation services.Finding your dream home has never been so easy. Easily access Realestate.com.kh from your smart phone, tablet or computer anytime, anywhere - and only search for what you want, in the areas you want to live – anywhere in Cambodia. And if you can’t find exactly what you want when you first search, sign up for Realestate.com.kh’s clever “Property Alerts” tool and get new listings that match your search criteria sent direct to your inbox as soon as they come online.If it is a real estate agent you need, check out our “Cambodian Real Estate Agent Directory” to get in contact with the nation’s best property professionals – just click “Agents” on the Realestate.com.kh menu bar above.Meanwhile, Realestate.com.kh is also your first stop for property market research. Our news blog contains up to date information on Cambodian real estate news, market trends, Khan Information and area reports, and the best advice for Cambodian property buyers and sellers. Learn about land title classifications, investment advice, rental laws, new developments and how to choose the best agent for your needs, and much more.Realestate.com.kh is your one stop shop for all things real estate. If you still require any assistance whatsoever contact us today at info@realestate.com.kh or 017436756.
Increasing FDI from China and Japan into Phnom Penh Commercial Real Estate, says Knight Frank
Increasing FDI from China and Japan into Phnom Penh Commercial Real Estate, says Knight Frank
June 6, 2022, 5:05 p.m.
Realestate News
Knight Frank, one of Realestate.com.kh's latest "featured agents", launches its first inaugural Cambodia Real Estate Highlights 1H2015 - this is the first-ever 10-page Cambodia Real Estate Highlights 1H 2015 Report which provides key information on developments in the retail and office sectors in Phnom Penh, which are pertinent to investors, developers and end-users in their decision-making process to enter the frontier market.   Knight Frank, the independent global property consultancy, launched its first-ever Cambodia Real Estate Highlights 1H 2015 Report on September 3 2015.Strategically located between Bangkok and Saigon, Phnom Penh is at the centre of the East-West corridor between the two major regional trading hubs.  With an open door policy on foreign domestic investment (FDI), Cambodia has witnessed an influx of foreign developers seeking to take advantage of the relatively low land prices and an increasing demand for international standard real estate products. Mr Ross Wheble, Country Manager of Knight Frank Cambodia, highlights, “We are already seeing significant FDI in infrastructure and the industrial sector, and we expect this trend to continue with majority of the FDI coming from China and Japan. [caption id="attachment_78273" align="alignright" width="255"] Mr Ross Wheble, Country Manager Knight Frank Cambodia[/caption] “With a key focus on attracting FDI into Cambodia, the Government has already approached the Royal Institution of Chartered Surveyors (RICS) to assist with the creation of a Construction Code to improve building standards, and to advise on the implementation of fire and health & safety standards. This not only benefits the people of Cambodia, but also provides additional investor confidence. “Cambodia is entering a new era of economic development.  With an abundant supply of natural resources and fertile land, we anticipate that the agricultural sector will be the next key growth area. Currently, it is underutilised due to a lack of local expertise.” Commercial real estate in Cambodia Cambodia was severely impacted by the global financial crisis since its economy relied heavily on exported goods.  Land prices in prime locations declined by as much as half between 2008 and 2010, with numerous large-scale development projects being placed on hold. With the implementation of government policies enabling strata titling and foreign ownership, the decline in land prices reversed towards the second half of 2010 supported by increasing demand from foreign purchasers of condominiums and rising rents for both office and retail space due to a limited supply. Today, land prices in Phnom Penh have increased by as much as 80% since 2010 with a forecast of a further 25% increase for 2015. Comparing with the ASEAN markets, Cambodia is an investor friendly market where companies operating in Cambodia can be 100% foreign-owned. This, coupled with the low cost of labour and comparatively low rental rates, makes it an attractive destination for companies to set up operation. Foreign investors in CambodiaChina, Korea and Japan were ranked as the top three highest investors in the construction industry in Cambodia.Approximately half of the occupiers of purpose built offices are international banks, insurance and investment firms, as well as logistics, construction and engineering companies, which usually take up larger office spaces.Other typical occupiers are law and accounting firms, manufacturing companies, real estate firms, energy providers and telecom groups, and firms providing a range of business consultancy services.Most foreign-owned companies are from China, Hong Kong, Japan, Malaysia, Korea and Singapore.Major developments from notable developers and firms: Hong Kong: Exchange Square by Hongkong Land, a 20-storey Grade A office building with retail podium located in Daun Penh, which will add 18,500 sq m of NLA to the current office stock. Construction for the first phase began at the end of 2013 and is expected to be ready for occupation by 2017. The property has been available for pre-leasing since launching in Feb 2015.Malaysia: Maybank Group’s headquarters on Norodom Boulevard is set to be completed this year, adding a total of 4,602 sq m NLA to the existing stock. Maybank building will be partly occupied by the bank. Lion Group’s proposed mixed-use development, located across from the Phnom Penh international airport, has started construction and is slated for completion by 2017. The development will include a 7-storey mall that will add 45,500 sq m of NLA to the retail stock.Japan: Aeon has maintained a high occupancy at 95%, which is a positive sign for the retail market. Domino’s Pizza, Lotteria & Pepper Lunch, are among some of the larger international F&B newcomers that can be found in Aeon Mall, while fashion retailers such as Giordano, Penshoppe and Levis have also opened their first outlets on the mall’s ground level. Some high end retail outlets were initially part of the tenant mix but were forced to vacate recently due to poor sales and high rental prices. Retailers such as L’Occitane, Clarins, TWG, Hugo Boss & Eric Kaiser occupy Vattanac’s retail podium, which is more than 50% occupied.Korea: Phnom Penh Tower, constructed by Hyundai Amco, continues to be one of the more popular office buildings with Japanese companies, including Sumitomo Mitsui Banking Corporation, The Bank of Tokyo-Mitsubishi, JETRO, Fuji Electric, Tama Global Investments and Creed Group. Hyundai Amco is also the main contractor for the construction of ACLEDA’s headquarters along Monivong Boulevard.China: China continues to invest heavily in infrastructure with the Shanghai Construction Group building the fourth Cambodia-China Friendship Bridge in Takhmao, whilst Sinohydro Corp has established an office in Canadia Tower and is currently exploring the possibility of constructing a hydropower dam in Koh Kong Province.Singapore: The Peak is a new mixed-use development being undertaken by Oxley Worldbridge, a joint venture between Singapore’s Oxley Group and Cambodia’s Worldbridge, that will include a hotel component operated as a five-star Shangri-La hotel, part of the Kuoc Group of companies, whilst another Singaporean developer, TEHO International, will construct a similar mixed-use development with the hotel component being operated as a five star Okura Prestige hotel. Cambodia growth engineGDP continues to grow at an average of 7% year-on-year and is forecasted to do so up to 2018.Four main engines of growth – manufacturing, agriculture, tourism and construction continue to drive the Cambodian economy, with the construction industry’s contribution growing alongside the rapidly developing real estate industry.ASEAN Economic Community(AEC) integration is expected to increase employment and volume of skilled workers, which will positively impact the commercial sector as more companies seek to take advantage of investment opportunities.Although anticipated to increase in 2H15, inflation is expected to remain manageable over the short to medium-term.The stable political environment in Cambodia has led to renewed investor confidence with increasing inflows of FDI.Office Sector The majority of existing office supply is dominated by Grade C stock, with 92% of them situated in central locations within Phnom Penh.The office stock will see an increase of 64% by 2018, with 60% of the incoming supply classified as Grade A and 40% classified as Grade B.Hongkong Land, ACLEDA and the Overseas Cambodia Investment Corporation will add a combined total net lettable area (NLA) of 112,180 sq m, or approximately 72% of the total incoming supply.Prime rental prices remained stable showing only a slight increase of 2% between 2H 2014 and 1H 2015, with the city-wide average rental recorded at USD 14 per sq m per month across all office grades.Occupancies for prime office space remained subdued at 44%, showing a 3% decrease in vacancy between 2H 2014 and 1H 2015.Retail Sector Current per capita retail space of 0.0087 sq m points to an undersupply in Cambodia especially when compared to its regional neighbours, Thailand and the Philippines.Average vacancy across all retail grades is 14%.A 122% increase in current NLA is expected by 2019.Future supply will consist of 88% prime space and 12% secondary space, with 60% located in central areas.With the impending future supply, the current undersupply will be catered for, with concerns of a possible oversupply by 2018.
"How to Build a Condominium in Cambodia” Conference
"How to Build a Condominium in Cambodia” Conference
June 6, 2022, 5:06 p.m.
Realestate News
Century 21 Cambodia would like to invite you to join an Exciting Conference: The First Century 21 International Real Estate Conference “How to Build a Condominium in Cambodia” on 5th - 6th September 2015 which leverage knowledge and idea by H.E Dr. Sok Siphana, Mr. Kevin Goos, and Mr. Justin Landis.Opportunities: This opportunity is for wealthy land owners to understand how to make millions of dollars by developing a condominium, how to build a brand with your project, and most importantly how to successfully enter the real estate development market in Cambodia. The "How to Build a Condominium in Cambodia” Conference is an opportunity is for land owners, construction companies, and real estate professionals to understand the condominium business model from start to finish. The conference is conducted by industry leaders who share the most important details to successfully develop a condominium, so Cambodians can capture the millions of dollars that are being made in real estate development in Phnom Penh. Why attend this training program: The "How to Build a Condominium in Cambodia” Conference will show you how to make millions in real estate development by learning from industry leaders in Cambodia. If you interested in becoming a real estate developer or want to understand how to make money from Condos then this is the perfect opportunity for you to join and learn the full step- by-step process of “how to build a successful condominium project in Cambodia.”  We offer a comprehensive financial model, partnership agreements, overview of legal aspects for construction, and a full step by step outline for new developers to directly use with their existing projects. We educate new developers about the common mistakes developers make and the do’s and don’ts for developing a condominium in Cambodia.
Real Estate Agent Classifications in Cambodia
Real Estate Agent Classifications in Cambodia
June 6, 2022, 5:06 p.m.
Realestate News
As Cambodia’s property market expands and diversifies faster than ever before, both locals and expats are seeing opportunities in the real estate industry. As a real estate agent your earning potential is near limitless and, meanwhile, the market place is so broad and various, almost anyone can find their sales niche and succeed.In many other countries there are various types of real estate agents with real estate sellers’ licenses suitable to their domain – whether it be rentals, residential sales, commercial, land, high-end, low-end, new developments and so on. In Cambodia, however, real estate agents only need to be licensed by a registered real estate agency. For those that want to become an agent, they must choose what direction to take their career; and for those looking for a property, they must choose what type of agent is best for their property needs. Here’s a guide to the different types of agents available in Cambodia, and why you might or might not want to choose them for your next property search… Full Salaried Agents:Full salaried agents are registered employees at a real estate agency who receive regular pay checks regardless of their sales results. Meanwhile, full salaried agents also generally receive an additional income of between 10 to 15 percent share of the final commission sum when they do sell. The benefits for full salaried agents are that they are guaranteed an income even when the property market slows down and sales are hard – but their commission rates are smaller than some other agents. For agency owners, offering a constant salary to agents may limit their incentive to really chase sales. For property seekers, employing this type of agent may lead to a lower-quality of customer service because they have no exclusivity over your listing if selling, and comparatively low incentives to do what it takes to find you the perfect property if you are buying. The quality of service of this type of agent will depend solely on the reputation of the agency – so choose your real estate agency wisely.Employed Commission-Based Agents:This type of agent is likely the most common way of working in any real estate market. An employed commission-based agent is hired by an established real estate agency and is paid only when they close a sales deal. When they do sell, they will receive around 40 - 60 percent of the total commission share, and the rest of the commission will be given to their agency. After all, they provided the agent with the collateral, leads and listings necessary for the sale. For agents beginning their career, this is an easy way to get started. Why? You will have access to the company’s listings and joint marketing efforts, meaning that no upfront costs or efforts are required from you. You will be rewarded on your success with high commission shares – but if you can’t sell, you won’t make anything. For property buyers and sellers, be aware that while many real estate agencies employ agents on these terms, not all agencies are as good as each other. Therefore, before you hire an agent like this, you must investigate the reputation of the agency that they work for. A good agency will assist you with all aspects of property purchasing and selling - such as inspections, valuations, marketing and legal considerations before and after the sale. Look for a wide set of skills and an intimate understanding of the local real estate market. Don’t settle for less.Freelance Agents:Freelance real estate agents were once extremely common in Cambodia. However, they are now illegal. Any real estate agent in Cambodia must be registered to a licensed agency. As freelance agents were liable for full commission on sales, they were more motivated than other agents to close a deal, and often worked harder to find a mutually beneficial contact between the buying and selling parties. The risk of working with ‘cowboys,’ however was high - freelancers will do almost anything to try and close a deal. The freelancer answers to no one, and no agency. For these reasons, only deal with registered real estate agents in Cambodia.If you are looking for an agent, the first place to look is the Cambodian Real Estate Agent Directory at Realestate.com.kh.
Living the Dream: Gyms Adding Value to New Developments
Living the Dream: Gyms Adding Value to New Developments
June 6, 2022, 5:04 p.m.
Realestate News
Obviously the construction industry is booming alongside the recent explosion of high rise apartment and condominium projects taking place across Cambodia. However, this recent surge in development is also benefiting some lesser known industries, those of which are working toward improving the end quality of these development projects for both buyers and sellers.Some products proving hugely popular to the latest new developments in Cambodia are onsite gyms, health and fitness amenities. A rise in these additional features in new developments nationwide reflects international consumer trends appearing in the Kingdom as they never have before. Speaking with Simon Rapoport, Country Manager of Seara, official importer of Life Fitness exercise equipment in Cambodia and full package gym design and installation professionals, we discover what is fueling this surge in demand for high end amenities within new development projects. “When we install the gym, we add value to the project immediately,” remarks Rapoport, “and we help to maintain trust between the developer and prospective real estate buyers.” As many new developments are being presold before their construction in Cambodia, the end buyer is instilling a lot of trust in the developer to provide all features promised when the apartment, condo or serviced unit finally becomes available for new tenants.  Tales of missing features when the development is finally ready for occupancy are rife throughout the industry – for instance, gym space provided as according to the presale project specifications, but no equipment to be seen at the final launch, or much cheaper branded equipment than first promised; previously touted roof top pools that are cut in final budget considerations; and the arrival of new management of serviced condos and apartments that don’t hesitate to ignore earlier promises of products and services once the project welcomes its new tenants. For this reason, says Rapoport, “the developers we work with increasingly want to see the gym constructed and fitted as soon as possible.” The reason being, “if the potential buyer comes to view the project mid construction, and the gym on the fifth floor has already been fully fitted with international standard equipment, even while the rest of the building remains a work in progress, the buyer has already witnessed the developer fulfilling promises within the presale specs.” Building a gym or sports facility first is an exercise in building one’s credibility in the market: “They’re saying, ‘Count on us – We said we will provide a world class gym, and look, here it is!’” remarks Rapoport. New developers are promising leading brands, such as the Life Fitness equipment that Seara Sports fit and maintain, and they want to prove this to new unit buyers who are voting with their feet across Phnom Penh. Sharon Liew, from Huttons CPL, notes that this credibility gap is caused by a lack of enforcement in the advertising legislation for false advertising surrounding the Cambodian property market: "In Cambodia, real estate marketers are free to misrepresent the development to purchasers without any legal repercussions. In Singapore and Malaysia though, for example, showroom units used to sell the development before it is completed must be exactly the same specifications and dimensions as the completed unit. If not, the buyer has a legal right to challenge the agreement and potentially void their purchase agreement." In the meantime, Sharon recommends buying from developers who include building and unit specifications as well as facilities included in the Sales and Purchase Agreement. Demand for health and fitness products within new developments also marks a clear conceptual desire for many home and investment buyers looking to move to modern home complexes throughout Cambodia. “Those who are buying units in these new developments are not simply looking to buy a home,” believes Rapoport, “they are buying a lifestyle.” “It’s all about health,” says Rapoport, and this concept is becoming cemented in the mindsets of consumers throughout Asia, and increasingly Cambodia. When new buyers see an apartment block that offers an onsite health and fitness center, they see the chance to purchase a better life – one in which daily fitness is guaranteed and doesn’t require navigating the congested inner-city.” For the same reason, new project buyers also desire other inclusive amenities such as cafes, restaurants, communal areas, sports facilities and onsite events. Sam Kiers, from Elevated Realty, notes that many development administrations only allow access to gym and health facilities to fulltime residents of that particular property.  However, a few condominium developments are less strict on these policies and open onsite gyms to family, friends and acquaintances of their occupants. Kiers supports this later trend as it represents an ongoing tool for developers and agents to introduce potential clientele to the building in a positive light.  The traffic an open-gym policy generally includes the type of potential clientele that the developer is seeking – relatively affluent, mobile and clearly interested in the fitness facilities the development has to offer. “Developing sustained interest in any new development is becoming more and more important with the condominium influx,” notes Kiers. And it is not just international developers seeking these features, says Rapoport, who has witnessed a surge in local developers wishing to integrate gyms, sports grounds, pools, and steam and sauna facilities within their new projects. Throughout the market, quality is in demand. And quality does not limit itself to the building alone, suggests Rapoport – “It is intimately connected with the quality of life a new development can conceptually represent.”
East One Apartments: Live in Style in the Heart of Phnom Penh
East One Apartments: Live in Style in the Heart of Phnom Penh
June 6, 2022, 5:06 p.m.
Realestate News
See the Full Listing HereLocated on the corner of Street 214 and 51, between the four icons of Phnom Penh - Independence Monument, Royal Palace, National Museum and Central Market - East One Apartments offers a prime location to anyone working in international embassies, Government ministries and the Central Business District; or for anyone who wants to feel the pulse of Phnom Penh city. All East One high-rise residents are guaranteed the best river views in town… Because the apartment complex is located alongside the border of the Royal Palace, all surrounding buildings now have height restrictions of no more than 10 floors on their titles. That means that if you buy an apartment unit between the 10th and 22nd floors in East One, your perfect view of the Tonle Sap will be secured for the future! All East One Apartment units come fully furnished with international brands “American Standard,” “Samsung,” “LG” and equivalent standard brands. Each unit includes all soft and hard furnishing to suit the space perfectly, as chosen by professional interior designers, including all electrical appliances for modern living. Meanwhile, the complex includes full service hotel-style amenities with rooftop swimming pool, café, car parking and full concierge service. Head downstairs to enjoy world class amenities and entertainment within walking distance of your new home, including the award winning House of Seafood and Breadtalk - two F&B brands direct from Singapore, more than 5 banks, various supermarkets, KFC, Browns Coffee, all major airline offices, and the host of nightlife which awakes every night along Phnom Penh’s famous Street 51. And you can rest assured that your investment at East One will be immediately profitable. Why? To assure rental returns for buyers, the East One Developer, Guangzhou Yuetai Group Co., Ltd., is guaranteeing a 22.5% rental return payable upfront as rebate to the purchase price. Meanwhile, demand for high end rental apartments in this area is particularly high generally; the nearby Maline Apartments, for example, is renting studios at $1500/month, which equates to more than 10 percent rental return. Guangzhou Yuetai Group Co., Ltd., with over 8 Billion Yuan in total assets, has huge experience in building and managing service apartments to a world class standard. In 2003, Yuetai Group acquired Donghua Enterprise, a listed company on the Shanghai Stock Exchange, and successfully built its own property brand known as ‘Swan Bay,’ renowned across China for luxury living solutions. Swan Bay comprises over 20 high-end real estate projects in over 13 cities across China, exceeding 4 million square meters. 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. See the Full Listing Here For more information and to arrange a viewing, please contact us today or visit the East One Showroom - Opposite Cell Card, and next to ANZ Royal on Sihanouk Boulevard. (#182, Preah Sihanouk Blvd , BKK1, Chamkarmon, Phnom Penh).
The Top 3 Ways to Make Money from Your Investment Property #1
The Top 3 Ways to Make Money from Your Investment Property #1
June 6, 2022, 5:05 p.m.
Realestate News
A lot of people talk about buying investment property. However, this is not always as simple as it seems. To make any property a lucrative investment, you need to buy the right investment property and you need to manage it correctly.Here are the top three ways to make your real estate earn extra income for you and your family.#1 - Buy a Rental Property: If you want to see your new property investment making money immediately, you should buy a property that you can easily rent out to someone else. The benefit of a rental property is that you can sell the property at a higher price than what you purchased it for - due to the appreciation of the land beneath it - while, at the same time, you collect an additional rental income. The rental income will help supplement your mortgage repayments on the property – or could even exceed them. In which case, you will receive extra money each month as landlord. When buying a property that you intend to rent, however, you must try to choose a property that has market value now. If it does not attract rental tenants straight away, you won’t see any money in the short term meaning you struggle to pay the mortgage repayments. So when you are looking to buy an investment property to rent, you must consider:Is it in a popular location for potential tenants? Eg. Close to universities and schools, close to shopping centers, close to major employment centers etc.Is it suitable for expat renters? If so, you can make more from rental opportunities if you market the property correctly to expats.Is the property currently livable? You may need to furnish the property, and make the property more attractive for potential renters. Eg. Consider security precautions; consider supplying services such as wi-fi or cable tv.All of these things require investing more money into the property but may be necessary to guarantee tenancy.Obviously, this also means you must have another property where you can live while you rent out your investment property. Alternatively, if the property is suitable, you may be able to live in part of the house, and rent the rest of it to tenants. Read #2 Here
The Top 3 Ways to Make Money from Your Investment Property #2
The Top 3 Ways to Make Money from Your Investment Property #2
June 6, 2022, 5:06 p.m.
Realestate News
A lot of people talk about buying investment property. However, this is not always as simple as it seems. To make any property a lucrative investment, you need to buy the right investment property and you need to manage it correctly.Here are the top three ways to make your real estate earn extra income for you and your family. Missed #1? Click here to read them first!#2 - Buy a Property to Live in with High Appreciation Potential: This is what most people immediately think when they think of the term “Investment Property.” Invest in real estate that you will live in yourself, and hope that while you stay there, the price of the land will rise enough to cover the mortgage that you took out to initially buy the property. If the property appreciates sufficiently while you stay, you will make money on top of the mortgage and this is your end profit. This is also an investment suitable for those who don’t want to rent a property. When you rent for a long time, you might feel like you are wasting money by giving it to your landlord. If you buy the property, this money you would have spent on rent is instead going to be spent on the mortgage repayments. When you are ready to move from the house, you have the opportunity to make money on top of any costs of the mortgage. But remember:This is a much harder game if you don’t have upfront cash to buy the property or subsidize the loan – because the mortgage repayments are going to eat into your investment earnings.It also requires a better understanding of the real estate market trends that you are in, as you must find a property that will appreciate reasonably quickly.This investment tactic tends to take longer – in that you may need to wait for many years before the property appreciates enough to be worth selling again.It also requires economic stability during that period, increasing the risk.But, if you choose the right property, in an area appreciating fast, this type of investment strategy can work. And meanwhile you always have a place to live. Here’s what to look for:Property and land tends to appreciate naturally as other things develop around it, so when you look for an investment property to live in, try to choose upcoming areas. Places where maybe the level of infrastructure is currently lower – but clearly rising quickly.Don’t buy in areas which are already fully developed, unless you get a very competitive price when you buy the property. The appreciation in these areas is likely to be slower.Look to see where other people are choosing for investment and speak with real estate agents.Always research the market before buying a live-in investment property.A note regarding Land Investment: If you want to simply invest in land – you must invest at or below market value. If you spend too much on a land investment, your risk that it won’t increase in value is high, and meanwhile, you get no benefit from the property what so ever.Read #3 Here
The Top 3 Ways to Make Money from Your Investment Property #3
The Top 3 Ways to Make Money from Your Investment Property #3
June 6, 2022, 5:05 p.m.
Realestate News
A lot of people talk about buying investment property. However, this is not always as simple as it seems. To make any property a lucrative investment, you need to buy the right investment property and you need to manage it correctly. Here are the top three ways to make your real estate earn extra income for you and your family. Missed #1 or #2? Click here to read them first!#3 - Buy a property, Increase its Value, and Flip It: Potentially the fastest way to make a return on your investment is to buy an investment property that you will be able to improve through renovations and then sell for more than what you originally bought it for. Yet, no money is easy money – and some investors do not consider the true costs and skills necessary to buy, fix and flip property.One way to do this is to invest in a ‘property with potential’:A property with potential is one which is currently underdeveloped – but has potential to be a very attractive property with a little work and money.Yet, again, location is everything when it comes to re-selling property. So not everyone has money to buy in the right area and then spend money developing the property.Remember - Always get a professional valuation before you purchase any investment property, and this will help you find out how you can realistically increase the properties market value.Once you have developed the property, re-value it and see where its market value has moved to.There is no doubt that this option requires significant upfront capital – cash now. But if you have it, buy more and get a discount:Developers and other property investors with various properties will often give a much better price if you are willing to buy a number of properties.The money you save with this bulk discount can be used to improve the property for resale.You could consider buying a whole floor of a condominium building, for instance, then live in one unit while you rent out the others, or renovate the others for resale yourself.Then, sell all of the units at a higher price when the land beneath the condo appreciates.Missed #1 or #2? Click here to read them first!
Top 5 Tips to Improve your Listings on Realestate.com.kh
Top 5 Tips to Improve your Listings on Realestate.com.kh
June 6, 2022, 5:06 p.m.
Realestate News
It is extremely easy to create a new listing on Realestate.com.kh. However, there are some simple ways you can improve your listing quality and make sure every property you list on Realestate.com.kh gets the views and sales leads it deserves.The real benefit of Realestate.com.kh is that now home buyers and renters don't need to run around town looking for their new property. Instead, they can go online and find the perfect property without even leaving their chair. But if your listing quality is poor, this benefit is lost.Therefore, the better your listing looks, the more views your listing will receive from prospective buyers - and the faster you will sell or rent that property. Follow this step by step user guide to make your listings as professional and salable as possible, and don't let prospective buyers and renters slip between your fingers.The Top 5 Listing Tips:1) Upload more than 3 Photos:The more photos – the better. After all, a picture speaks 1000 words.Realestate.com.kh's data shows that your chances of selling an item can increase by 85% if you upload more than three images.It is very important that the photos you upload are of the actual property you are selling, as this will show potential buyers exactly how the property looks - and prove it is a genuine property for sale.Always use a camera, not your phone!Take photos in the day time when the sun is out! Make the property look as light as possible.Take a photo of every room in the house, and try to include any eye-catching and unique features that will draw users to your listing.Some buyers who are accessing the site from outside Phnom Penh, or internationals who are searching for property from overseas on Realestate.com.kh, can’t view the property in person, or may have trouble navigating new cities in Cambodia - So they rely on the photos more than most property seekers. Therefore, it is wise to make sure you and your agent take high quality photos - and lots of them.Furthermore, in most cases, the user only wants a physical property inspection if they really like the look of the property. There are so many properties to choose from on Realestate.com.kh, that home seekers will not waste their time looking at properties that may not suit their needs.Upload landscaped images. If the image you upload is portrait it appears cropped on the listing until the image is fully opened. If the image uploaded is landscaped, it looks good even when embedded inside the listing. So always flip it before you upload it.2) Write an English AND Khmer Description, and don't skimp on the Details: Write an English AND Khmer Description, and add as much detail as you can. This is your chance to tell the world about what your property has to offer. Some things you should include in the description are:What title do you have for that property - soft, hard, strata etc.?What is the properties current use?What are the property's potential uses?What are the amenities that are close by - schools, hospitals, shopping centers etc.?Is the property's location free from ongoing construction?What special features does the property have? If there is something special about the property, tell everybody!How about the road quality and quality of infrastructure near the property?Has there been any recent renovations to the property?Do any services come free/inclusive?Is the price negotiable?Are contractual terms flexible?Are their benefits to long term rental agreements (if a rental)?REMEMBER, do not rewrite the price, size of the property, number of bedrooms and bathrooms, your email address or phone number etc. in the description section, as this confuses the user. Instead, use the dedicated sections where you can tick the features of your house.3) Get your Contact Details Perfect: Your listing is a waste of time if people can't get hold of you! So make sure your contact details are perfect. Additional detail builds trust and brand awareness across your profile and your various listings!Give a clear phone number and name in the relevant section.Take time to improve your "Personal Profile." This profile allows you to give some extra information about yourself and/or your real estate agency. Completing this profile before you list is the perfect way to create a sense of trust and familiarity between yourself and potential buyers and renters. The more people know about you, the more people will see you as a legitimate seller/renter.If you are an agent you should include your agency’s name and upload your business’ logo to your profile.Whenever your logo is spotted on a listing, buyers will immediately know who you are, and your Agency's reputation. This recognition will ensure you benefit from the reputation of your agency's brand, your previous transactions and build long lasting and profitable relationships.Also include a professional photo of yourself if you are an agent.If you have any online references from previous clients who recommend your services, or ex-tenants who have positive reviews about the property, or a personal LinkedIn profile, include these all in the listing - and inside your profile.Make sure you are registered on Realestate.com.kh's "Find an Agent" section too - and complete the profile.4) Make your Headline Count:Add a "Property Headline" in both English and Khmer - and make it count. If it is simple and clear, people will find your items before they find another.Realestate.com.kh has thousands of listings, so you need to make sure your title summarizes what you have to offer.Think about what people search for, and make a title that includes key search terms.Give a short, simple and relevant name to your listing. For example, “Big Villa for Sale in Toul Kork” or “10th Floor Condo Unit On Street 51” are ideal name choices.Save any description for the dedicated description section.5) List a price - Don't list Price On Application (POA): At Realestate.com.kh we have found that potential buyers generally read the home’s description and expect to see a listed price. As such, we strongly recommend that you include a price on any listing.If a home features a long list of unique details but lacks a sales price, buyers tend to think the home is very expensive or potentially overpriced.Make it easy for someone to investigate your home further by providing as many details as possible – including a list price.If the price is negotiable -  let the user know.If the terms of sale/rent are negotiable - let the buyer know.Ready to make a listing? Sign up for an account with us now!