With sustainable developments in the spotlight in the fast-growing urban areas of Cambodia, many local and international residents have commented on the perceived lack of greenspace in cities like Phnom Penh. New builds are trying to address this and incorporate much-needed green areas and community spaces.Some reports suggest that as little as 1% of the capital is allotted to urban parks, and most residents of the city can name the few natural greenspaces on their fingers. A UNDP study of Phnom Penh indicated that the public space ratio in Phnom Penh has dropped from 1.1 square meters per person in 2014, to only 0.67 square meters per person in 2020. For comparison, at 7 SQM per capita, neighbouring Bangkok is considered to have a “low” rate regionally. Studies also indicate that access to greenery in urban areas is vital for mental and healthy well-being and even though the WHO recommends universal access to green space, even most European cities fail to meet this.Green space can be associated with many health and social benefits, including longer life expectancy, reduced mental health issues, and even better cognitive functioning in children and the elderly. They also reduce air pollution, heat and noise levels, and provide us the chance to better enjoy physical exercise and social interaction, thus becoming a key element through which social capital is enhanced and strong communities are built.Some new developments in Phnom Penh are addressing this, such as Chankiri​​ Palm Creek, North Park, and Odom.Why Sustainability Matters in Cambodia’s New DevelopmentsUrban Living Solutions (ULS) is a well-known developer in the Kingdom and behind such developments as Factory Phnom Penh, Urban Village (Phase 1). Their newest announced development, Odom, will see a currently used community green space (Odom Garden) be enhanced and developed.ULS is a Cambodian-owned real estate and lifestyle development firm which aims to build livable urban spaces that connect and nurture communities. The company has supported other initiatives that enhance communities including the 2019 Housing Phnom Penh Architectural Workshop that ULS developed for Cambodian students on affordable housing.ULS representative and Head of Sales Mr. Ty Chea told realestate.com.kh that “people, communities, are at the very core of ULS and all its projects’ values. We aim to offer a type of development that meets the needs of present generations with those of the future ones in mind.”He adds that all ULS’ projects are designed to support the view that Cambodian cities can do better socially, environmentally and economically. “We try to offer homes and spaces for the Cambodian middle-class, inspired by traditional local architecture (from the Angkorian temples and village lifestyle to the shophouses), but updated to modern Cambodian needs”. He adds that they want to improve the quality of life of residents but also be conscious of the Cambodian climate and lifestyle.Odom - Phnom PenhULS believes that cities should provide green public spaces for people to connect with nature and with other citizens. They believe this is the foundation of a healthy society, and the company wants to contribute to it by sharing a rare green oasis in the city centre before anything else was built on it.Odom Garden is located on the future site of the Odom project. “We wanted to let Phnom Penhers experience the sense of community we envision for the completed project. Our goal is to create community-focused spaces, and with Odom Garden we gave free access to 4,000 SQM of green space on Norodom Boulevard”, Chea said.ULS adds that Odom “will be one of the few buildings to hold LEED-certification allowing future residents and tenants a healthier, more sustainable way of living and working”. The project will feature shared courtyards and public areas for people to meet and connect as well as walkable spaces and greenery offering a safer and healthier lifestyle.“We design our homes with bigger living rooms and balconies for families to gather and spend time together. We believe this is how you build a healthy and happy community – by giving its people the spaces to create a healthy social fabric”, they added.On the transformation of the current Odom Garden, the developer says what was once a private garden became a popular meeting place for families and a platform for small and micro-entrepreneurs with our monthly farmers' markets. They added, “We are happy to see how many connections have organically grown out of Odom Garden, and we hope those networks will continue beyond this pop-up park.”Odom will have more space to grow when the final project is completed with more than 7,000 SQM of green space (126% the area of Odom Garden), and nearly 80% will be open to the public. “We are incredibly thankful to our partners and all the regular supporters that make up the Odom Garden community.”Development will start in 2022 and the main features include Odom Square, a five-story layered park and publicly accessible retail podium connecting the offices and residences. Six Sky Villages (pockets of outdoor spaces) are integrated into Odom Tower which also features a rooftop and resident-only space.If more future developments like these incorporate greenspaces and embrace community living aspects into their designs, there is hope we can have a greener and more natural, vibrant, and livable capital to call home in the future.

Corporate property and home security are key considerations in Cambodia which should not be ignored and there are a variety of services on offer from a number of different organisations.Spurred by Cambodia’s ability to attract international investment and investors (2,000 construction projects with a total investment of $1.2 billion in the first half of 2022), more businesses are establishing a presence in Phnom Penh and Sihanoukville in particular, while more domestic and international staffing talent at all levels relocate to the Kingdom’s cities.The growth in the urban areas and cities in particular in the Kingdom means there is an increasing number of new high-rises and condos, and increasing expendable income as the nation moves gradually towards being a high-middle-income country,By mid-2022 Cambodia's insurance market was valued at $948 million dollars in total assets and the Ministry of Land Management, Urban Planning and Construction (MLMUPC) reported that there are 2,472 high-rise buildings (between five and over 40 floors).The security services available in the Kingdom are something building management and construction companies need to consider to ensure the safety of their employees, guests and assets. Here are some of the key considerations when choosing the right security firm in Cambodia.1. Check If The Security Firm Is Licensed In Cambodia - You Get What You Pay For!Not only should you check the licensing of the security company in Cambodia, if they are legitimate and professional they should also be completing employment background checks to ensure you have the most suitable security staff on-site. Security companies in Cambodia need to be registered with the department of the National Police and according to a sub-decree on private security management, non-compliant enterprises and establishment owners could be fined 10 million riel (USD $2,500), and security companies that hire guards without registering them with the Ministry of Interior will be fined 20 million riel (USD $5,000).According to the National Police, companies should complete background checks before hiring guards. You can also check if the company is regularly audited, certified and in strict compliance with Cambodian laws.Salary ranges for security staff in Cambodia are commonly $250-350 per month for well-trained staff but some firms offer less well-trained staff at $200 and less, this should be a key consideration when asking questions about the firm before hiring them as your safety partner.2. Confirm What Type Of Training The Security Staff Have Had (And If It's Ongoing)The “standard” in Cambodia has for a long time been to have security personnel on site who have had a varying degree of training, age-range and price-range. It's simple to employ just about anyone in the role and there are some less professional firms that can offer security guards and services that are not professional. As the nation develops, so should the expectations from these professional security services.The premium security services in Cambodia such as Prince Security Service have adapted to the fast-changing business environment and ensure their security personnel will have regular medical tests, random drug tests, and perform standard background checks.The range of training at these firms, even for the most basic security staff, will include fire-fighting, first aid, and how to deal with emergency countermeasures.Ideally, the security firms will still utilise non-discriminatory employment practices and ensure, regardless of gender or age, that staff are physically capable of handling the role. Most security staff employed at premium security firms are likely to be in the 18-45 age range while there can be exceptions for those physically and medically fit.Personnel will also receive certifications for their completed training and premium firms will ensure international standards are met - part of their mantra is not only providing the best possible staff and solutions but also educating the public on good security habits.In terms of language barriers, security staff at the junior levels might not speak English but companies should have supervisors to overcome communication barriers, and they could speak English or Chinese in addition to being fluent in Khmer.3. Ensure The Right Security Firm Has Your Interests At HeartA great security firm should be doing more than just putting boots on the ground at your residence, construction site, or place of work. Although security personnel are a deterrent and provide a visible physical presence, does the security firm understand your needs and concerns and will they offer expertise and identify aspects within your blind spots?Ideally, the right film will be consultative and do onsite visits and inspections to tailor the best comprehensive security solution through a combination of trained security personnel as well as potential security systems and offer recommendations you may not have considered. Are there areas at night that are not well lit? Do you know your exit points and how would you react in case there is a threat?A good and professional security firm will complete a risk assessment and ensure the vigilance of your security as well as provide regular evaluations (reporting) and opportunities for providing feedback. Are the services meeting expectations, what can guards do better and add to the business and the safety environment?Part of the partnership is not just the firm providing security staff with hard skills, but identifying dangers and offering exceptional extra customer service. Does the restaurant or hotel need car security to open the guests’ doors and greet them on arrival, do they direct traffic? 4. What Technology Or Range Of Security Services Does The Company Provide?Utilising the right technology to suit your security and safety needs is important. It's great to be offered a selection of state-of-the-art security gadgets but what do you need? For corporate customers, a comprehensive security setup might include a combination of cameras, and security alarms allowing the firm to react quickly, even allowing remote lockdowns of a building and blocking or allowing access to entry points. These services are monitored 24/7 and can be supported by response teams immediately. Ideally, the security firm should also have a good relationship with the local police force to ensure there is the correct support and precautions.Electronic security systems are handy and even biometric and fingerprint readers with numerical code passwords are not uncommon at large building sites and office complexes. Motion sensors and correct lighting can all help make property less of a target to potential intruders. Personnel could even be fitted with body kits (including POV cameras).Ensuring Optimal Security And Safety In CambodiaKeep in mind that although security firms should be offering some of these ‘basics’ (training, background checks, communication skills, and certain standards), but security consultants representing the firms should be pointing out the obvious to the client based on their expertise - trust is a key element in this partnership.The security firm should be committed to growing with you and meeting your needs. As the environment, capacity, and requirements change, the firm should be able to adapt and even sometimes identify these (have new properties sprung up nearby, what are the trends in the city etc).Trust and peace of mind are critical, and knowing that the security firm is responsive and reliable is extremely important to select the right security company in Cambodia.Security personnel can be offered for a range of specific roles, including; event security, VIP protection, security escorts, lobby security services etc.According to the security management office in 2021, of the 882 enterprises, establishments, gated communities, condos and apartments across 14 districts in Phnom Penh that have hired private security guards - only 168 of them were legally registered.

Prak Norak - Junior Researcher - Future ForumPhnom Penh and other urban areas are expanding quickly, with new projects breaking ground regularly. As cities expand, there is an increased demand for resources and with some of the current unsustainable design choices made in the early stages of the building's construction, Cambodia is potentially set up for an unsustainable future.By maximising space over maximising airflow and natural light; pursuing trendy foreign designs over practical ones for Cambodia’s hot and humid climate; and generally insufficient knowledge on sustainable practices, there is a danger these will collectively negatively impact how well Cambodia can mitigate and adapt to its changing climate.The current trend places an enormous burden on our environment so it is crucial that we approach new urban developments with a more Cambodia-specific and environmentally conscious mindset.Small Design Choices Can Have Lasting ConsequencesSeemingly small choices made in the early stages of the design process can translate to less sustainable and less comfortable habitats of living. These design features have lasting consequences for the quality of life, increased energy consumption and rising costs for property owners.In many boreys across Cambodia, houses are built following the same uniform design which lack windows in key areas, necessitating the continual use of air conditioners to cool and ventilate the living space as well as additional lighting to illuminate interior spaces - even in the middle of the generally bright and sunny days we get to experience in the Kingdom. Boreys also generally consist of houses which are too closely backed up against other dwellings, allowing only minimal light to enter the properties, not to mention that privacy is also compromised by the proximity of the neighbouring properties.In the case of the Khmer shophouses, their arrangement only allows for front and rear placed windows to allow light and air to flow inside the property. This familiar layout of a traditional shophouse in Cambodia may maximise the use of space but it arguably compromises the quality of life within these popular developments. Is the benefit of the extra space worth the lack of proper ventilation and lighting?Even the United Nations Environment Programme (UNEP) is trying to address this, through the Asia Pacific Clean Air Partnership and the Climate and Clean Air Coalition, which has partnered with the Cambodian Ministry of Environment to develop the country’s first Clean Air Plan.Don't Mimic Buildings That Aren’t Built For The Cambodian ClimateLooking out across the Phnom Penh skyline, buildings wrapped in green cloth are symbolic of those currently under construction. These buildings, for the most part, are enclosed in glass, metal, and concrete.This trend of applying ill-suited architecture is an unsustainable way of designing buildings in Cambodia. This isn’t just socially unsustainable - stripping Cambodia of its design identity - but this practice threatens Cambodia’s liveability in the face of dramatic and real climate change.Buildings wrapped in glass exteriors allow for natural light and expansive views of the cityscape but this also traps heat in the building by overexposing the interior to sunlight which again necessitates the use of costly air conditioners. Not only is this an inefficient choice, it is a damaging and costly way for the building to operate and also exacerbates energy shortages and electrical blackouts.Cambodia isn’t the only country facing the issue of overusing foreign development designs. India struggles through record-breaking heat, but architects and designers there are coming to grips with the consequences of poorly adapted buildings to the local climate. Architects and environmentalists are calling for a return to “vernacular,” traditional and locally-oriented designs that are better suited to India’s scorching heat and which require less energy to keep cool in the long term.For India, this means building out of the earth, rather than building out of concrete, glass, and metals, and the buildings’ orientation is designed to minimise sun exposure and make ample use of overhanging roofs and walls to shade buildings from heat. Climate-aware designers make use of traditional features like central courtyards for ventilation.Cambodian designers and developers must aim to employ techniques best suited to our particular climate and some already are.It’s important to note that “modernisation” doesn’t mean copying others. Local designers, or those operating from overseas in Cambodia, can create a contemporary and updated version for Cambodia. These examples below are embracing sustainable and localised designs:Urban Village - focuses on community lifestyles with high-quality architectural designs inspired by Cambodian traditional life.Angkor Grace Residence & Wellness Resort - located in Siem Reap, this development is a green-centred project utilising greenspace and solid wood panels that pay homage to Cambodia’s rich architectural heritage.Bakong Village - aims to revive the sense of community while living in the ‘village’. Combined with a walkable neighbourhood, this creates a breath of fresh air from the design trend that parodies foreign architecture designs.The Coconut Park and Trillion Park on Koh Pich - offer much-needed greenspace in the bustling capital of Phnom Penh.Kambujaya properties - offer residential shophouses that break the norm and has a courtyard in the centre which is open air & allows natural light and air to enter the inner part of the property.These shifts might necessitate a return to traditional Khmer elements of design. Designers can use alternative materials for construction and revive the concept of open spaces at the ground level to promote socialising as seen in many stilted houses in rural areas in the Kingdom.For Cambodia to make significant shifts in design philosophy, perhaps it is best to start with young designers. With Cambodia’s urban population set to increase to 7.92 million by 2030, which will account for 44 per cent of the total population (up from 6.13 million in 2019), action needs to be taken.Create more educational opportunities for sustainable buildings It is paramount that Cambodian students build with the future in mind. This is why imbuing students with applicable knowledge of sustainability is important.Currently, Cambodian design schools lack dedicated and specialised sustainability classes and there are few Cambodia-specific educational resources on the subject. Without Cambodia-specific educational tools, young architects and designers struggle to learn what design techniques, building materials, and building strategies can be employed for Cambodia’s specific climate.Furthermore, transdisciplinary workshops in which people from different fields of study can trade ideas may create even more opportunities.Small steps have already been taken. The "Sustainable Building Arena'' (SBA) organised by the Build4People project team, brings together innovative people from various backgrounds to collectively and transdisciplinary develop sustainability visions and solutions for Cambodia. Participatory and collaborative workshops like the SBA can help expose students to a sustainability mindset early on.A Summary - Designing for a Sustainable FutureCurrently, only some developers are designing sustainable projects but they should be encouraged to increase their output for a sustainable future.As for students, sustainable design classes are crucial to advancing their knowledge which can be enhanced by an open-source depository of information related to sustainable practices. Transforming our buildings and our cities into more sustainable and liveable spaces won’t be easy, but any step which moves us away from climate-ignorant design toward climate awareness can (and should be made) set Cambodia up to mitigate and adapt to a changing climate.Photos by Ravi Jayaweera

Changes throughout the recent years and into 2022 have been positive in the long run for Cambodia’s economic growth and the property sector in particular. It's easy to gloss over the rapid number and speed of change in the Kingdom, but some retrospective and openness to the changes reveal how international and domestic investors and property buyers should be positively assessing the opportunities in the growing Cambodian market.Better Regulations & SystemsThe new e-commerce laws will make it easier for foreign companies to operate in the Kingdom in the post-pandemic era and the easing of restrictions enabling large investments via cashless and digital payment systems are positive steps. The World Bank also confirmed that Cambodia has “one of the fastest increases in financial inclusion” among developing economies in East Asia and the Pacific, adding that “Double-digit increases in account ownership were achieved in Cambodia.”NBC also has said that a Real-Time Gross Settlement (RTGS) system is being developed to help facilitate large-value transactions.More cashless payments and the e-KYC will raise awareness, and transparency, as well as promote the use of new technologies and innovations, especially in the banking and finance sectors in the Kingdom. Binance signing an MoU with the Securities and Regulator Exchange Regulator of Cambodia (SREC) means the country will receive the support and development of the legal framework for regulating and bolstering the digital asset businesses in the country which comes at a time when blockchain technology is increasingly being utilised and adopted in the region and domestically. Furthermore, the signing of an MoU between Prince Group, Cambodian Investment Management, and Realestate.com.kh to collaborate on opportunities in attracting inbound investments through Cambodia’s Trust Law is also significant in attracting investment by providing a seamless, trustworthy, and transparent experience for foreign investors. Tom O’Sullivan (CEO of realestate.com.kh) said, it “offers a legal, transparent vehicle in facilitating real estate transactions for foreign investors”.From an administrative point of view, the establishment of 25 Capital-Provincial Investment Sub-Committees (CPISC) launched in Cambodia in 2022 will help decide and fast-track private investment and resolve disputes related to investment projects to allow for decision-making power at the sub-national level. Ongoing Investment and PotentialAccording to a recently published report by the Ministry of Economy and Finance (MEF), the real estate sector has grown by 2.5% in 2022, and in the first four months of 2022, there was an increase of 6.7% in home sales across condos and villas. The construction activity for residential villas increased by 60% while construction for apartments increased by a massive 183% in the first five months of 2022.In total, 1,679 new construction projects were approved nationwide in the first five months of 2022, and although this is down 8.2 per cent year-on-year, investments in construction are long-term commitments that require large amounts of capital.Foreign direct investment for 2022 and 2023 will recover to around 12 per cent and 11.6 per cent of Gross Domestic Product (GDP) respectively, while construction has been forecast to grow by 7.2 per cent in 2023, and real estate is expected to rise by 5.2 per cent in 2023.If these predicted datasets don't provide enough positivity, the recent EXPO 2022 attracted over 12,000 attendees and $30 million in property and real estate sales which is a reflection of the real-world positivity in the market. A large-scale event was held again for the first time in a long while and it was a great opportunity for the Cambodian market leaders to collaborate in a mind-sharing exercise that wasn't possible for two years. This allowed for better evaluation, planning and cooperation to ensure the sector and the country is putting their best foot forward in continuing to attract investment and economic growth.Why Cambodia Remains Attractive to InvestorsAs of July 2022, the Kingdom of Cambodia has waived the quarantine requirement for all non-vaccinated or non-fully vaccinated travellers visiting the country while Cambodia site near the top of the rankings in the Nikkei COVID-19 Recovery Index - despite ongoing concerns of variants of the virus which has slowed tourism growth. The tourism numbers are on an upward trend and we are still in the middle of the traditional quiet rainy season in Cambodia - but the latest estimate from the Director General of Tourism Development and International Cooperation of the Ministry of Tourism, Thong Rathasak, places a figure of 1.3 million tourists this year. Around 500,000 tourists visited in the first six months of the year.More airlines have been offering and expanding the number of flights and destinations to and from Cambodia in the first half of 2022 too which is a positive – offering travellers a variety of options and catering to various budgets. The business community continues to confirm an increase in meetings with international investors and business clients who are stepping on these shores again for the first time in two-plus years.Foreigners will also be looking to invest in Cambodia via the newly launched 10-year (so-called golden visa) which falls under the Cambodia My 2nd Home (CM2H) program. The CM2H program is open to all countries recognised by Cambodia with certain investment and financial requirements.

Cambodia continues to be an ideal destination for investors, property developers, and businesses aiming to expand their activities and increase their market presence within the ASEAN region.Cambodian Economic and Property RecoveryIt's important to sometimes take stock and assess the bigger picture, and to borrow popular cryptocurrency terminology, not buy into the hype or the FUD - if you are investing in the Cambodian market or buying property in the Kingdom, patience and perspective are key.Residual COVID impacts are still being felt, while global supply chain issues, the impact of the war in Ukraine, pending global recession fears and rising interest rates, plus the WHO announcement that monkeypox in July 2022 was a “Public Health Emergency of International Concern” which might scare off investors, it's actually potentially a great time to take opportunities.The nation’s economy increased by 3 per cent in 2021 despite the pandemic, and it has been forecasted to increase to between 4-6 per cent in 2022 (depending on which source you rely on). The country’s inflation rate is predicted to reach 4.7 per cent in 2022, while the forecasted inflation rate for 2023 is expected to drop to 2.2 per cent. More recently, global rating agency Standard & Poor (S&P) even forecast Cambodia’s gross domestic product to reach 6.3 per cent this year - which is higher than projections made by the World Bank, International Monetary Fund, and Asian Development Bank. The National Bank of Cambodia (NBC) governor Chea Chanto believes that Cambodia’s economy is projected to grow by 5.3 per cent in 2022.Cambodia is already reaping benefits from the newly-established Regional Comprehensive Economic Partnership (“RCEP”) agreement. In the first half of this year, Cambodia’s total exports to other member countries of RCEP were worth USD $3.28 billion. Over time, more employment opportunities (due to the increased production are expected), while knowledge-sharing aspects of the RCEP among the partnership’s members will be a boon for Cambodia and greater FDI will flow into construction and property development.Investment into CambodiaIn the first six months of 2022, the Council for the Development of Cambodia (CDC) also approved 63 private investment projects outside of the Kingdom’s special economic zones (SEZ), which is an improvement of 18 projects compared to 2021 over the same period.Keep in mind that China is still battling COVID-19 in its own way which is preventing the levels of investment and travel experienced before the pandemic. Regardless, Cambodia still attracted fixed-asset investment from China worth $1.29 billion in the first half of 2022 and China remains the top foreign investor in Cambodia, accounting for 43 per cent of the total foreign investment (worth $2.99 billion during the January-June period.)Cambodia has done well to diversify and attract FDI from other foreign nations which include Thailand, Samoa, the British Virgin Islands, South Korea, Singapore, Cayman Islands, Malaysia, Japan, and Australia. However, the important milestone to take notice of is that domestic investments have topped the investments in Cambodia this year thus far, accounting for $1.59 billion - this is a higher value than came in from Chinese investments in the first half of 2022. We have seen similar trends in the property market and the Cambodian condo market, which was historically dominated by foreign buyers, but has seen a remarkable increase in local customers amid the middle-class boom witnessed in recent times.Appetite for Property InvestmentThe 2022 Realestate.com.kh Real Estate Survey indicated there remains strong demand for housing in Cambodia from first home buyers, re-buyers, and local and international investors, with more than 90% of respondents indicated buying property is a good investment in Cambodia.The success of Cambodia's COVID-19 vaccination roll-out and the end of health restrictions do much to revitalise the economy and the property industry in 2022, with many in the sector still confident that foreign direct investment will surge over time.The most recent estimate from Aun Pornmoniroth, the Deputy Prime Minister, Minister of Economy and Finance, indicated sector growth was 4.8 per cent in real estate in 2022, and the existing demand for housing and office properties continues to drive the sector’s potential prosperity. The National Bank of Cambodia also predicted that the real estate and property sector will see gradual growth in 2022 due to the continuation of pending construction projects, resulting in the country’s overall increased revenue and economic growth.Bussineswire’s Cambodia Construction Industry Report 2022 expects the construction industry to grow by 6.3% in 2022 and register an annual average growth of 9.4% between 2023 and 2026. This is based on the ongoing investment in the infrastructure, commercial and residential sectors and robust interest in real estate.There actually will be a number of exciting developments in Cambodia in 2022 which should further entice investment, better utilise technology, and see markets respond to changing consumer and buyers behaviours.

The number of 1,679 construction projects received construction permits from the Ministry of Land Management, Urban Planning and Construction in the first half of 2022, down 150 projects compared to the same period last year.There are about 1,679 construction projects which received a permit from the Ministry of Land Management, Urban Planning and Construction (MLMUPC). According to the Ministry’s latest report, approved projects are down by 150 projects compared to the same period in 2021.The Ministry of Economy and Finance (MEF), through its socio-economic report, showed that the total cost of approved construction projects amounted to $952 million USD, down by almost 60% compared to the same period last year.Out of the 1,679 constructions approved, 1,524 are reportedly residential projects, or almost 91% of total approved projects so far in 2022. This is a decrease from 1,607 residential projects approved at the same time last year.For comparison, total construction approved in 2021 amounted to almost 4,000 projects with an estimated cost of over $10 billion USD; over 90% of projects in 2021 were also classified as residential projects.Despite lower figures compared to last year, there is still confidence within the Cambodian property market. During the first week of July, Cambodia’s largest real estate classifieds portal, Realestate.com.kh held the much-awaited Real Estate EXPO 2022. And with cooperation from the MEF and more than 30 brands from the Cambodian private sector, generated more than $30 million in sales over the two-day event - marking a healthy demand from the Khmer middle class and foreign investors alike.While there are several ongoing global crises crippling major economies, observers such as the WorldBank and the Asia Development Bank (ADB) are projecting a healthy pace of growth for the Kingdom. The WorldBank forecasts a 4.5% GDP growth while the ADB projects a 5.3% growth for Cambodia in 2022.Looking for property in Cambodia? Let us help!

Cambodian real estate activity nudged forward despite an ongoing global perfect storm. According to a recently published report by the Ministry of Economy and Finance (MEF), the real estate sector grew by 2.5% largely stymied by slowdowns in the high-end condominium market.The same report, however, highlights that activities (sale and rent) for other segments such as affordable and mid-range will continue to drive growth for the rest of the year. Overall, the first four months of 2022 recorded a 6.7% increase in home sales across condos and villas.The report also shed light on Cambodia’s construction industry which only grew 3% due to decline in projects meant for tourism and trade. According to the MEF report, the number of construction projects approved specifically for trade and tourism decreased by 36% and 20%, respectively.Phnom Penh’s skyline is ever changing with healthy demand from locals and foreign investors alike. Photo by Sony Tep from Khmer Times.Residential construction, particularly in the affordable and mid-range sector, have been the key drivers in the Kingdom’s construction sector as of late. Construction activity for residential villas increased by 60% while construction for apartments increased by a massive 183% in the first 5 months of 2022.Worth noting was the recently concluded EXPO 2022, organized by Realestate.com.kh, Cambodia’s largest real estate classified’s portal, which attracted over 12,000 attendees and $30 million in sales over the course of 2 days. Realestate.com.kh also mentioned in their post-event marketing that developers are still receiving inquiries weeks after the event.The success of the event stands testament to a continued and healthy real estate demand in the Kingdom’s property sector primarily stemming from the local middle-class and keen foreign regional investors.Cambodia’s real estate market has been a key contributor to the country’s GDP growth for the past decade. This year, the WorldBank forecasts a 4.5% growth while the ADB expects a 5.3% growth in 2022. Growing local demand for residential property will likely drive growth in real estate for the rest of 2022.Looking for property in Cambodia? Let us help!

Preah Sihanouk intercity roads are approaching completion at 99.81% according to the Ministry of Public Works and Transport (MPWT). His Excellency, Senior Minister Sun Chanthol, Minister of the MPWT, led a technical working group composed of construction company representatives and other consultants to inspect road 146B in Samdech Sangka Reach Tep Street.In an interview with the press, H.E. Sun Chanthol emphasized that the Ministry's technical team led by the General Department of Technical Affairs has tested the quality of the 146B road construction using modern stands such as FWD, ROMDAS, and GPT, to name a few inspection standards.The Senior Minister confirmed that the results of the test showed that the road was well built and of good quality through 414 test sites, of which only two were slightly below technical specifications. For concrete roads, the friction level check is also re-verified, and as a result, the friction value of the concrete floor surface is higher than the set standard.The Senior Minister emphasized that this road can accommodate heavy trucks to travel on National Road 4. The availability of this road and its build quality is expected to reduce traffic accidents and traffic congestion on the national road. National Road. 4, which in the past has always caused delays in the export of goods abroad. From Sihanoukville Port, trucks taking the road to the expressway will save time and reduce the load on Cambodia’s roads.On the same occasion, the Senior Minister instructed all road construction companies to adhere to agreed technical specifications because the Ministry has a lot of modern technical equipment that can be used to control and verify the quality of road constructions. There was also a call made to all truck owners who use Cambodian roads, both foreign and Cambodian cars to strictly abide by the laws of the Kingdom of Cambodia and not destroy Cambodian roads.According to the report of the General Department of Technology of the Ministry of Public Works and Transport, the project to upgrade Street 146B (Samdech Sangkhareach Tep Vong Street) and Street 148 has achieved 99.81% progress.This section of the road is a potential intercity road to help facilitate quicker and cheaper transportation of goods, agricultural products and export-entry of fisheries products produced by the people in Stung Hav district, as well as those living in neighbouring areas within Sihanoukville.Looking for property in Cambodia? Let us help!

PHNOM PENH (July 6th, 2022) Urban Living Solutions (ULS) the real-estate and lifestyle development firm behind Cambodia’s most creative spaces, launches the showroom and sales gallery of Odom, its most ambitious project to date. Centrally located on Norodom Boulevard, the mixed-use high-rise development features two towers connected by a five-floor podium, and combined residential, commercial and office spaces designed by Singapore-based Kite Studio Architecture. Following the success of award-winning projects such as Factory Phnom Penh, Bakong Village, and Rose Apple Square, ULS sets to redefine work-life standards for modern Cambodians.Situated on 5,825 SQM of prime real-estate on Norodom Boulevard and standing 45 stories high, Odom Tower offers over 43,000 SQM (net) of Grade A strata-title offices and will be the new business hub for local SMEs and international businesses. Additional features include AI-powered lifts, LEED® pre-certified gold status, environmentally smart designs, six “Sky Villages”, and a private, members-only rooftop club. Securing a spot at Odom Tower offers prestige, legacy, visibility, and connection in every way possible.Adjacent to Odom Tower and occupying over 19,000 SQM (net) over 22 floors is the residential building of Odom Living. Designed for contemporary families and professionals, Odom Living offer spacious one, two, three and four-bedroom apartments ranging from 78 SQM to 262 SQM. Each condo boasts city views across the city skyline, double balconies, floor-to-ceiling windows, natural day-light, design-focused bathrooms by Kohler and fully equipped kitchens featuring Maison De Dietrich appliances. A range of modern amenities include smart lock technology from Samsung, 24-hour security, a rooftop terrace, gym, pool, outdoor green space, and a sky bridge connecting Odom Living to Odom Tower, 60 meters above ground.Uniting the two towers is Odom Square, a five-story landscaped garden and commercial space that combines a curated selection of retailers, lifestyle, food, and beverage offerings, including a green-filled community area. Over 9,000 SQM of retail and public space allows residents of both buildings to easily access the Square, while seamless architecture brings the outside in and the inside out, creating a unique, lifestyle destination to dine, shop, and relax.“Odom came about by observing hundreds of businesses in need of office spaces that included design, function, and amenities to keep staff excited. We want to offer the new generation of entrepreneurs the opportunity to create and own offices tailored to their company’s needs. We also wanted to build centrally-located homes for business executives who want to avoid long commutes to and from work,” said Mr. Kim Leang Kean, Founder and Managing Director of ULS.About ULSUrban Living Solutions (ULS) is a locally owned real-estate and lifestyle development firm concentrating on communityfocused solutions to meet Cambodia’s rapid urbanization.Founded in 2016 by Mr. Kim Leang Kean, ULS projects include Urban Loft, Factory Phnom Penh, Urban Village (Phase 1), Odom Garden, Rose Apple Square and Bakong Village. Based in Phnom Penh, ULS builds livable urban spaces that connect, inspire, and nurture communities to benefit the people that live and work in Cambodia.Guided tours of the sample strata-title offices, as well as the two and three-bedroom condominiums may be booked in advance by calling +855 099 231 168.Inquire about Odom by ULS

SEN SOK, PHNOM PENH - Over 100 of Cambodia’s biggest brands, developers, agencies, banks, and insurance companies recently gathered for the country’s biggest property show of the year: The Real Estate EXPO 2022 held at the Premier Centre Sen Sok last July 2 to 3.This year’s EXPO 2022, continues that success with over $30 Million dollars worth of property sold over a weekend of showcases, exclusive deals, new launches and exciting prizes; confirming a healthy demand for property from within Cambodia and beyond.Property seekers and real estate developers had the opportunity to directly talk to each other in Cambodia’s biggest property show: EXPO 2022. Supplied.“We knew that after not being able to deliver an event like this for over two years that it would be popular and well attended, however we were quite surprised by the number of deals being generated on the spot during the event. And while $30 Million in sales is already a huge success, there will also be hundreds of sales generated in the weeks post the event” said Tom O’Sullivan, CEO of Realestate.com.kh.“I think this speaks to the quality of projects in the market as well as the confidence from local and international buyers now that we are post Covid. Of course this is not possible without the support of the best quality projects, agencies, banks and brands that continue to support Realestate.com.kh and its events." he added.Organized by Realestate.com.kh, the biggest real estate online classifieds portal in Cambodia, the EXPO series has been a staple of the country’s property sector gathering major brands all in one place for the benefit of Khmer home seekers and foreign property investors.The Real Estate EXPO 2022 received invaluable support from the Real Estate and Pawnshop Regulator of Cambodia, The Khmer Times, The CVEA, Chambers of Commerce as well as other key partners in the private sector that contributed greatly to its success including; Ezecom, Legend Cinema, LM Car, Nham24, Provida Spring Water and more.A fun day out for the family. Cambodia’s most popular brands gave away prizes and other freebies to EXPO 2022 attendees. Supplied.Adding excitement to the already eventful expo were the buyer and lucky door prizes given away during the 2-day expo. Prizes ranged from jewelry, cinema vouchers, home appliances, gadgets to premium services from EXPO 2022’s commercial sponsors.The EXPO 2022’s big names, discounts, and prizes attracted big numbers as over 12,000 people flocked to the event over 2 days, all getting the chance to directly talk to developers and get much needed advice and assistance in purchasing their dream homes and property investments.Real estate experts shared valuable insights on the Cambodian property market during the EXPO 2022. Supplied.Some of the country’s leading experts, from various industries such as real estate & construction, banking & finance, insurance and many other ancillary sectors held exclusive and free seminars for attendees covering various topics on Cambodian real estate; from general buying tips to long-term outlooks especially within the context of a post-pandemic market.The EXPO 2022’s $30Million+  in sales showed a resilient Cambodian market with teeming interest to buy homes and invest in properties. As of writing, Realestate.com.kh continues to receive inquiries from would-be buyers of on-going offers from EXPO 2022 Exhibitors.A SUCCESSFUL EVENT. The Realestate.com.kh team thanks all attendees, exhibitors, and sponsors for making the Real Estate EXPO 2022 a fun day out for everyone! Supplied.The Realestate.com.kh EXPO continues to set a new benchmark for Cambodia’s offline events and unveiled a market simply waiting for the right guidance and opportunities in the Kingdom’s real estate market.Looking for property in Cambodia? Let us help!

The biggest names and brands in the Cambodian market are gathering for the premier property show of the year: The Realestate.com.kh EXPO 2022. The expo brings the country’s most well-known developers, projects, agencies, banks, insurance providers, telecom companies, and many other services all in one place - this coming July 2 to 3 at the Premier Centre Sen Sok.The Cambodian economy has been on the fast track back to recovery, being one of the first countries to reopen in South East Asia. And with renewed sense of confidence, Khmer buyers and international investors are back on their feet looking for the best deals on boreys, condos, and holiday homes all over the country!Are you ready for Cambodia’s biggest property show of the year? Sign-up now!EXPO 2022 Registration PortalBig sponsors, huge prizes valued at over $50,000Not only will property seekers be able to secure some of the best deals in property for the whole year, attendees will also be able to visit exhibits from the leading corporate and lifestyle brands in the country. Cambodia's Premium Internet provider, Ezecom will be powering the event with free wifi, Nham24 are on deck to providing the food throughout the two days, Provida Spring Water will keep you hydrated  and LM Car will make sure you can get to and from the event with 50% off on rides. There are over 200 chances to win big during the expo. With Legend Cinema providing three lucky winners - Diamond Hall vouchers and more, Princess Alanka - jewelry, iOne - Apple products, Watch Empire - Watches, Mitsubishi Heavy Industries - air conditioners, Fotile - water purifier, Rigo Wine Shop - wines, Beyond Design - furniture, Olympia Medical Hub and Intercare Medical Center - health check up packages, Seara Sports Systems - equipment and much much more. Leading Properties, Best Deals, Biggest Discounts Of course! The biggest names in property are all onboard including Prince Real Estate Group, Overseas Cambodian Investment Corporation (OCIC), Chip Mong Land, Morgan Group, Orkide Development, Golden Cambodia Century (GCC), Borey Bosba, Coastal City, Creed Cambodia, The Flora, KH Land, Borey Kasen Phnom Penh, Oasis Harmony, Golf Harmony, Borey Sovannaphumi, Borey HM Lucky Home, Borey Williams and over 60 more projects will be on display.The leading real estate agencies will also be there to discuss your property needs including project specialists Fazwaz Cambodia, Century 21 Cambodia, CBRE Cambodia, GCR and more. Buyers will also be able to consult with the top banks and finance related companies in the country on the day to help them secure their dream home including The Credit Bureau of Cambodia, Canadia Bank, Chip Mong Bank, Prince Bank, Sathapana Bank, Bank of China (Hong Kong) Limited Phnom Penh Branch, KB Daehan Specialized Bank Plc. and more.Attendees will also have the chance to test drive a brand new Maserati or Volvo at the event! Whilst home buyers can also checkout the latest in home furniture, appliances, design and other household needs from companies such as Fotile, WeWatch, Beyond Design, Ezecom, Cellcard, ADA, Smart Axiata.Industry Leading Property Seminars Get the best advice of industry experts through EXPO 2022’s exclusive seminars! The most trusted and well-known names in the industry are giving FREE seminars on wide ranging topics, from buying homes, spotting opportunities, as well as an expert outlook on the Cambodian economy.Here is the full list of seminars happening over the 2-day event:10:00 - 10:25 Mr. Ith Hero, Director of Statistics, National Bank of Cambodia10:25 - 10:50 Mr. Oeur Sothearoath, Chief​ Executive Officer, Credit Bureau Cambodia (CBC)10:50 - 11:15 Mr. Lawrence Lennon, Managing Director, CBRE Cambodia11:15 - 11:40 Mr. Tim Vanny, Chief​ Executive Officer, BOSBA Property Co., LTD1:15-1:45 Mr Chrek Soknim, President of the Cambodia Valuers And Estate Agents Association (CVEA)2:00 - 2:30 Ms Mom Sothavatey, Country Manager, Fazwaz Cambodia 2:30 - 3:00 Mr Sreraj Sutton, COO & Director, Century 21 Cambodia 3:00 - 3:30 Mr Kang Nin, Director and Partner, Golden Cambodia Realty3:30 - 4:00 Mr Chu Zexu 褚泽旭, General Manager, Morgan Group4:00-4:30 Ms. Ry Navy, OCIC4:30 - 5:00 Mr. Ngoey Thy, Assistant to CEO, KH Land Day 2 EXPO 2022 Speakers10:00 - 10:30 Mr. Anthony Galliano, Chief​ Executive Officer, Cambodian Investment Management & President of the American Chamber of Commerce 10:30 - 11:00 Mr Edward Lee, Chief​ Executive Officer, Prince Real Estate11:00 - 11:20 Mr. Chu Zexu 褚泽旭, General Manager, Morgan Group11:20 - 11:50 Zeus Lam & Sharen Liew, CM2H Project Director & CM2H District Director1:30 - 2:00 Ms. Hazel Zhao, Deputy CEO, Forte Insurance2:00 - 2:30 Hon. Meng Heang, Property Manager, C-Herald Cambodia 2:30 - 3:00 Ms. Smallove Teoh, Chief Marketing Officer,Titan Stone Group3:00 - 3:30 Mr. Eddy Wang, Deputy General Manager, Coastal City Seminars are free to attend for all registered attendees of the EXPO 2022!An Event Not to Be Missed!Registration and attendance to the event is free. Sign up for express entry to avoid long queues on the event day on July 2 to 3 at the Premier Centre Sen Sok!Register for the EXPO 2022

In line with an increased domestic tourism, Cambodian property seekers have been snatching up holiday homes all over the country! And Realestate.com.kh, the country’s largest online classifieds portal is giving you the chance to own your very own holiday home at the best prices - only at the Realestate.com.kh EXPO 2022!Holiday Homes at the Expo 2022Cambodia’s countryside is seeing increased development in terms of residential choices that take advantage and at the same time, preserve the environment that has made its holiday homes popular. The leading Developers of these holiday getaways are a welcomed addition to the 2022 EXPO and below are some of the most popular properties that are currently on the market.Golf HarmonyGolf Harmony is a Luxury Holiday Villa development in Phary Village, Prey Thnong Commune, Teuk Chhou District, Kampot town, secretly tucked in the midst of the Kampot valley, well hidden and surrounded by a green lush forest. By combining an extraordinary landscape with modern and quality edifices, Gold Harmony aims to show a new level of quality living for EXPO 2022 Attendees.Developer/Project Highlights HighlightsNew project in the serene town of KampotPinnacle of luxury living with high-class villas and amenities including a private golf courseMixed-used development with both villas and apartments availableOasis HarmonyOasis Harmony is a new breed of holiday villas that allow for a luxury lifestyle in Cambodia's most serene province: Kampot. With only 72 villas constructed, it's an exclusive neighbourhood with high-class amenities such as horse riding. This year, they are offering limited-time deals for attendees of the EXPO 2022.Developer/Project Highlights HighlightsExclusive and high-class neighbourhood with Grade A amenitiesProperties are treated to views of the lake and mountainsPlatinum CoastPlatinum Coast is a new development coming to Sihanoukville. Much like it namesake, Platinum Coast is a project looking to transform Ream, Sihanoukville into a high-class getaway filled with seaside amenities. They will be showcasing several of their offers to attendees of the EXPO 2022.Developer/Project Highlights HighlightsHigh-class project with similar quality amenities for a luxury countryside getawayLocated in Ream near the port town of Sihanoukville, a major residential and commercial centre in Southern CambodiaStar BayStar Bay Cambodia is one of the projects that best represent the advent of modern seaside developments in the Kingdom’s booming real estate sector. Star Bay's properties have been a symbol of investing and developing a sophisticated project in the fast-growing city of Sihanoukville. From the bottom to the top, Star Bay is carefully crafted to be everyone's dream home. And this year, Star Bay is offering exclusive deals and sneak peeks into what's coming - only for EXPO 2022 attendees!Developer/Project Highlights HighlightsOne of the biggest and newest prime developments in SihanoukvilleResort-style living available for investors and buyersComplete seaside amenities close to urban conveniencesCoastal CityThe development of Stardream Lake Tourism Town covers an area of 248 hectares of land which is planned to include an ecological park and two lakes in the future. The project will be built after the completion of its green spaces, natural ecology, and pristine beaches to lay the foundations of an entrepreneurial community and leisure tourism. Attendees at the EXPO 2022 will get a preview of what’s coming for Coastal City!Developer/Project Highlights HighlightsLocated in Botum Sakor, Koh Kong, another of Cambodia’s ecologically diverse provincesLarge-scale development complete with different styles of homes availablePristine green surroundings not seen anywhere else in CambodiaGet the chance to directly talk to developers and snag a deal of a lifetime this EXPO 2022 happening this July 2 to 3 at the Premier Centre Sen Sok. Register now!EXPO 2022 Registration Portal

Tbong Khmum Province, Cambodia - The construction project of National Road No. 21C reaches 37% completion as of late June 2022. The new road is being constructed with a total length of 114.62 kilometres starting from km 154 + 700 on National Road 7 in Sralop Commune, Tbong Khmum Province and is being complete at khm 30 + 400, National Road 71 in Svay Teap Commune, Chamkar Leu District, Kampong Cham Province.A delegation of the Ministry of Public Works and Transport (MPWT), including HE Senior Minister Sun Chanthol, visited the construction project last Jun 20, 2022 to inspect and monitor the progress of National Road 71C, reported to be built to the tune of $130 million.The National Road 71C is expected to create a new economic corridor in the Kingdom’s Northeastern regions by October 2024. Photo from the MPWT.The technical inspection delegation’s purpose is to determine whether the road is being built to specifications, monitor work by the contractors, and check on the overall progress of the new national road. The MPWT often conducts technical inspections on major infrastructure projects around the country.HE Sun Chanthol, the Minister of Public Works and Transport, addressed the media during their visit to the site. He went over topics such as the geographical situation surrounding the road, efforts to raise the road to avoid flood during Cambodia’s rainy seasons, construction of bridges and digging canals and drainage systems to ensure the road’s longevity.The Senior Minister reminded the construction workers and ancillary staff to ensure the quality of the road, as well as keeping the peace so as not to disturb residents living near where the road passes.National Road 71C is one of the latest projects by the Royal Government to create another economic artery, this time in the country’s Northeastern regions. The National Road 71C is expected to make transportation and logistics easier for industries in this region of Cambodia, particularly agricultural, industrial and tourism. Quality roads such as National Road 71C allow for faster transportation resulting in lower costs, especially with interregional trades with Cambodia’s neighbours.According to authorities, the National Road 71C will take 42 months to complete. With a target completion date of of October 2024, the national road is being built by Seang Construction Company with technical supervision from Guangzhou Wanan Technical Consulting Co.,Looking for Property in Cambodia? Let us help!

The Real Estate EXPO 2022, organized by Realestate.com.kh is bringing together developers from across Cambodia and around the world. Cambodia’s property market is bouncing back and we’re giving attendees the chance to check out the latest developments in the up-and-coming places from all over the Kingdom - only at the Real Estate EXPO 2022!Regional Developers Showcase DevelopmentsDevelopers from around Cambodia are coming to Phnom Penh for the Real Estate EXPO 2022 to deliver exclusive deals and sneak peeks into what’s coming all around the Kingdom.KH Land, one of the most established local names in Cambodia’s real estate, is already making waves with its new project in Kampong Speu reportedly going to be offered at only $16,990 per unit. But KH Land isn’t the only regional developer giving EXPO attendees great deals!Other developers and regional developments also joining are Borey Cheyoudom (Kampong Speu), Golf Harmony and Oasis Harmony (Kampot), Borey Lorn City Lotussea (Sihanoukville), Platinum Coast (Sihanoukville), Star Bay (Sihanoukville), Coastal City (Koh Kong), Angkor Grace Residence & Wellness Resort (Siem Reap).Developers will have representatives to showcase their projects at the Premier Centre Sen Sok from July 2 to 3, from 9:00AM until 06:00PM. Attendees will have the chance to directly speak and ask questions to developers, get exclusive discounts and prizes, as well as make a comparison and select their favorite project during the event!Find Your Dream Home At The EXPO 2022Realestate.com.kh brought back the Real Estate EXPO 2022 to help Cambodian property buyers connect with the best property developers in the country. This year, the country’s real estate market is set to bounce back and the EXPO 2022 is an avenue where property buyers can get the best deals on the best homes in Cambodia today.Register now for the opportunity to find your dream home this July 2-3 at the Premier Centre Sen Sok!Register for the Expo 2022

Cambodia’s property market is ripe with investment opportunities and these opportunities are closing fast! Realestate.com.kh is giving you a shortlist of the best properties for investment so you can get started in riding South East Asia’s fastest-growing property market.Angkor Grace Residence & Wellness ResortAngkor Grace Residence & Wellness Resort is a resort getaway that puts an emphasis on providing the utmost comfort to visitors through its fully-fitted residential units available for a unique investment opportunity.As with any resort getaway, Angkor Grace Residence & Wellness Resort put an emphasis on providing the utmost comfort to visitors through its fully-fitted 60 residential units available for a unique investment opportunity. Each unit has a generous space ranging from 120 sqm to 240 sqm where visitors can immediately feel at home. Some units even have a private rooftop/terrace where visitors can host small-medium intimate gatherings, making any length of stay memorable and worthwhile.Project Highlights:Starting Price: $178,000Location: Svay Dankum, Siem ReapThe first condo-resort in Siem ReapThe premier green-focus project in Siem ReapQuality residences by one of Cambodia's reputable companies with premium amenities to provide a serene and memorable stay75% Guaranteed Rental Returns over 10 yearsLocation Highlights:Located in an area popular among expatriates for its proximity to the city centreSurrounded by plenty of greenery, a serene set of surroundings only found in Siem ReapAngkor Grace Property ListingFlatiron by MeridianFlatiron By Meridian, an award-winning freehold mix-used development houses grade A office and Apart’Hotel managed by Citadines, a leading International serviced residence owner-operator which is a subsidiary of Capitaland, retails and reputable F&Bs restaurant & café managed by Thalias Group, nestled in the heart of Phnom Penh city centre (Beoung Kak Land). Inspired by New York’s greatest architecture, Flatiron, Meridian International Holding delivers the same quality building in the capital of Cambodia.Flatiron By Meridian offers a great rental return to investors of 85 - 95% Guaranteed Rental Return Over 10 Years and flexible payment options. Grade A office spaces are currently available for leasing.Project Highlights:Starting Price: $250,000Location: Daun Penh, Phnom PenhOne of the premier freehold properties in Phnom Penh’s Central Business DistrictA truly modern age development with a full glass structure and state-of-the-art interior facilitiesApartment-hotel section is managed by Citadines, bringing world-class management to Cambodia’s CBDHigh return on investment expected due to CBD location and popularity among high net-worth individuals and corporate tenantsLocation Highlights:Located in Daun Penh’s de factor business park surrounded by land earmarked for high-end residential and commercial developmentsCentral location makes going around Phnom Penh easy and hassle-freeFlatiron By Meridian Property ListingLe Condé BKK1Phnom Penh’s rise as an upcoming real estate hub is attracting all sorts of new and innovative developments; products of decades worth of technological advancement. But amidst the flurry of buildings popping into the city’s growing skyline, very few compare to the technological marvels in the Le Conde BKK1.Le Conde itself stands at the center of this vibrant neighborhood through its iconic design, interior finishing, and of course, implementation of smart home technology. Guaranteed rental return up to 3 years at the annual interest rate of 8%.Project Highlights:Starting Price: $127,900Location: BKK1, Phnom PenhThe premier residential choice when it comes to smart home technologyProperty management by Hopetree Japan, bringing Japanese property management expertise into Phnom PenhMultiple facilities available for residents looking to complement their lifestyle in Phnom Penh’s CBDLocation Highlights:Located in BKK1 where popular restaurants, shops, markets, and international schools are.BKK1 is where some multinational companies, embassies, and NGOs are also headquarteredLe Condé BKK1 Property Listing

Modern developments in Cambodia are often associated with high prices that increase every year. But with Realestate.com.kh, you’re bound to find the best affordable properties in the best neighbourhoods in town. This article on the Best-Value Properties will help you find 3 of these properties today!WorldBridge Sport VillageThe WorldBridge Sport Village is one of the most unique and exciting residential projects soon coming to Phnom Penh. The project is a massive undertaking near the Morodok Techo National Sports Complex, Cambodia’s first modern multipurpose and international standards sports facility designed to host the participants of the 2023 Southeast Asian Games.Upon completion in 2023, the WorldBridge Sport Village is set to become the finest residential choice for any individual/family looking for a comfortable suburban living experience with all the facilities that support an active and sporty lifestyle - all offered as one of the best-value property investments in Phnom Penh to-date!Project Highlights:Starting Price: $66,800Location: Chroy Changvar, Phnom PenhMixed-use development to feature both landed residential properties such as shophouses, linked houses villas, high-rise condominiums and commercial areasThe first-ever sports village in Cambodia, offering residents a wide range of sporting facilitiesAdjacent to Morodok Techo National Stadium, one of the newest modern stadiums in the world and the venue for the upcoming SEA Games 2023Location Highlights:Chroy Changvar is Phnom Penh’s up-and-coming district earmarked for several private residential developmentsCommercial projects are also coming to meet the growing demand for retailers in the districtA peninsular district is known for its greeneries and breeze coming from the two rivers flanking Chroy ChangvarWorldBridge Sport Village Property ListingResidence H CambodiaThe Residence H Cambodia is a condominium project with 28 storeys built on the concept of “The Gracefulness of Living Life”. The building is set to be a shining landmark development in Phnom Penh’s biggest residential district: Sen Sok.Its location in the Sen Sok district makes it a prime and exclusive development conveniently alongside access roads to the international airport and all major commercial and business areas throughout the capital city.Project Highlights:Starting Price: $47,520Location: Sen Sok, Phnom PenhAffordable project yet high-quality project in Phnom Penh’s biggest residential districtLocated near many commercial hotspots such as Eden Mall and TK AvenueMore-than-adequate spaces from a variety of unit types.Location Highlights:Sen Sok is a fast-urbanizing district with plenty of infrastructure to support its growing residential and commercial developmentsLocated in a large district with roads leading to CBD and International AirportResidence H Sen Sok Property ListingPARC 21 ResidenceThe PARC 21 Residence is a new 132-unit development in Boeung Trabek, Chamkarmon. Its location is a high-traffic area near the popular Toul Tompoung Market (Russian Market) known for its many shops and restaurants and close to two major roads: Preah Monivong and Mao Tse Tong Boulevard, both roads leading to central business districts like BKK1 and Daun Penh, and to developing areas like Sen Sok, Chbar Ampov, and Meanchey.Project Highlights:Starting Price: $78,980Location: Chamkarmon, Phnom PenhThis project is located near 2 major road arteries in Phnom Penh: Mao Tse Tung Boulevard and Preah MonivongSingaporean-inspired project, highlighting efficient use of space in a highly-populated area in Phnom PenhLocation Highlights:Chamkarmon is considered a Tier 2 location, properties are offered at significantly better prices and still enjoy access to CBD and many other modern urban city staples.Dozens of international schools nearby perfect for local and expatriate familiesSurrounded by markets (Russian Market) and shopping malls nearby (Chip Mong Noro Mall and AEON Mall 1)PARC 21 Residence Property Listing

Panasonic Cambodia, in collaboration with the non-governmental organization Light with Dignity (LWD), has recently provided 1,050 Panasonic Solar Lanterns to people living in areas without access to electricity, particularly in Battambang and Pursat Provinces. Panasonic is helping rural Cambodia to address this problem by way of "Light up the Future" program, an initiative that provides assistance to people living in areas without access to electricity.Yasunobu Matsumoto, CEO and Country Head of Panasonic Cambodia, led the mission to Veal Village which was also accompanied by the district governor and other dignitaries. The recipients of the donation also included people from three other rural districts namely, Prek Pir Village, Ta Deh Village and Boeng Krolor Village in the provinces of Pursat and Battambang. Following the occasion, Mr. Yasunobu Matsumoto stated his excitement at meeting the people of Veal Village in person, as well as his desire for Panasonic Cambodia to become more active in community programs. "This is not a one-time effort, and Panasonic will continue to assist in improving the lighting condition of the people living in rural Cambodia," he stated.  Before they were distributed to the village, LWD conducted a survey to select the families that need the lanterns the most. Solar lanterns have many uses. People can use them for lighting up their own houses so that they can cook or their children can continue to study when it gets dark outside. These can also be used as a substitute for streetlights at night in those same areas.  A Panasonic Cambodia representative described how the firm is committed to creating an inclusive society free of poverty by participating in activities that address social issues. The "Light of the future” program is one of our social duties to end poverty, which is why we are partnering with LWD, a non-governmental organization that works with vulnerable people and communities to alter their personal and socioeconomic conditions towards self-sufficiency through a holistic development strategy." About Panasonic CorporationPanasonic Corporation is a global leader in developing innovative technologies and solutions for wide-ranging applications in the consumer electronics, housing, automotive, and B2B sectors. The company, which celebrated its 100th anniversary in 2018, operates 522 subsidiaries and 69 associated companies worldwide and reported consolidated net sales of 6,698.8 billion yen for the year ended March 31, 2021. Committed to pursuing new value through collaborative innovation, the company uses its technologies to create a better life and a better world for customers. Learn more about Panasonic: https://www.panasonic.com/global Founded in 2010, Panasonic Cambodia is the official representative office of Panasonic Singapore in Cambodia, responsible for the sales, aftermarket sales, marketing, and distribution of Panasonic products in both the B2B and B2C segments. Panasonic Cambodia also plays an active role in creating lasting, positive impacts to society and the communities it serves. For more information, please visit the Panasonic Cambodia website www.panasonic.com/kh

We’re less than a month away from the EXPO 2022 and the excitement is already building up! News of Cambodia’s biggest property show is attracting not just foreign investors but also foreign investment opportunities for the keenest Khmer investors.Part of the many properties to be showcased during the EXPO 2022 this coming July is an Australian property based in Melbourne: LOUISE.LOUISE, Everything You Want, and MoreLOUISE is a new and upcoming residential property in Melbourne, Australia. Located close to Melbourne’s CBD, LOUISE presents an ideal opportunity for investors looking for opportunities abroad, and in Australia, no less!Located a stone's throw away from the Alfred Hospital, one of the best in Australia10 minutes away from the top universities in Australia including Melbourne Uni & RMITOnly 2 kilometers from Melbourne’s Central Business District (CBD)Built by a trusted and experienced developer in AustraliaBeing one of the newest projects in the Melbourne downtown area, it enjoys the latest technologies and design for a modern residential home. LOUISE was designed by Cera Stribley, renowned architecture and interior design firm in Australia, to evoke a sense of home inspired by both the heritage of the neighborhood and contemporary buildings that mark its place in the future.Investing In Melbourne, Investing In The FutureWith a strong economy, world-class infrastructure, and robust job market, it’s easy to understand why Melbourne is the fastest growing city in Australia. Melbourne’s private and public sectors are investing heavily in key growth pipelines such as education, medicine, science, and technology.It’s worth noting that Melbourne has already attracted many Western and Asian investors, looking to establish their families in the city. After all, 2 of the Top 100 universities are located in Melbourne, the University of Melbourne and Monash University, making it the ideal place for students to study in the premier educational institutions in the world.Exclusive Look Only At The EXPO 2022LOUISE will be offering exclusive deals during the EXPO 2022 as one of its guest foreign property exhibitors. In fact, EXPO 2022 attendees will get an exclusive prelaunch look at LOUISE before it hits the Melbourne market.The EXPO 2022, much like its predecessor events, is expected to draw in several thousands of visitors over the course of 2 days from July 2-3, 2022 at the mega event venue: The Premier Centre Sen Sok.Don’t miss out on this chance to see what a modern home abroad can offer. Register now!Register For The EXPO 2022

The Peninsula Private ResidencesChroy Changvar, Phnom PenhThe Peninsula Private Residences is the finest residential development and home investment asset in Cambodia. The new development offers high investment opportunities, privacy, security, comfort, and a luxury lifestyle.This 25-storey condominium is situated in Chroy Changvar District, a new residential development zone to the East of the downtown Phnom Penh crossing the Mekong River. The development is located at a distance of approximately 150 meters from the Cambodian-Japanese Friendship Bridge which links the development's area to the city's Central Business District.Property HighlightsStarting Price: $147,680Multi-awarded DevelopmentLocated in a fast-developing district: Chroy ChangvarCloser to Cambodian-Japanese Friendship BridgeCurrently handing overLearn More About The Peninsula Private ResidencesMekong View Tower 6Chroy Changvar, Phnom PenhThe Mekong View Tower 6, developed by Bun Ches Groups Co. Ltd., is a condominium/serviced apartment complex in the rising district of Chroy Changvar. This development earned a great deal of attention during previous property sales for its well-designed residential units matched with a price tag suitable for many buyers in Cambodia. If you’re considering a great value development, the Mekong View Tower 6 should definitely be on your shortlist.Property HighlightsStarting Price:Great value property with its price and locationSurrounded by numerous residential & commercial developmentsGood rental investment due to locationReady to move-inLearn More About Mekong View Tower 6J Tower CondominiumBoeung Keng Kang (BKK), Phnom PenhThe 43-storey and 228-unit J Tower Condominium is so far the grandest, standing as an eye-catching landmark in the heart of the capital and providing numerous households with high-end and luxurious lifestyles - the Khmer Times.Located in Boeung Keng Kang, J Tower offers incomparable living in the world of amenities guaranteed by world-class Japanese standards. It offers a stylish and luxury-designed residence pool, fitness room, and sky-bar are symbols of the refined urban Japanese Lifestyle. The J Tower's ideal location puts it only 5 minutes from Aeon Mall, and near many renowned Japanese restaurants, Brown coffee, a hospital, and a safe neighborhood largely made up by expatriates and upper-middle-class Cambodians.Property HighlightsStarting Price: $115,000World-class Japanese standardsWide range of amenities and commercial spots nearbyComfortable and secure with many expatriatesReady to move-inLearn More About J Tower Condominium

Phnom Penh’s Tonle Sap and Mekong Rivers have provided much for the city for hundreds of years. And today, the mighty rivers serve another purpose: becoming a lynchpin to the city’s real estate appeal! Realestate.com.kh presents Phnom Penh’s premier riverfront properties today:Vue AstonVue Aston is a premier waterfront property in one of Phnom Penh's up-and-coming districts. Having recently started construction in 2020, it will feature modern residential technologies complemented by a scenic view of the mighty Mekong River.Vue Aston located along the riverside in Norea Island earmarked to be a new satellite city in Phnom Penh: The Koh Norea Satellite City developed by the OCIC to the tune of $2 billion. The Vue Aston will additionally be connected to Koh Pich (Diamond Island) via a bridge to be completed in 2023.Vue Aston provides five different unit types such as studio, one-bedroom, two-bedroom, three-bedroom, and four-bedroom units with sizes ranging from 39.69 to 91.42 square meters. This premium project provides numerous amenities supporting a comfortable lifestyle including an infinity pool, a sky bar, a gymnastic, a sauna and spa, a V-club, lobby areas, parking areas, restaurants, and convenience stores, concierge services, lounges, a library, a private cinema, and housekeeping services.Project HighlightsStarting Price: $77,362Modern waterfront condominium project located by Phnom Penh's riversOffering a variety of units types from studio to four bedroomsPremium residences complemented by amenities such as gym, sauna and an infinity pool with a majestic view of the MekongDirectly adjacent to the upcoming bridge connecting Vue Aston to Phnom Penh's CBDLocation HighlightsLocated in the popular Chbar Ampov district next to a major satellite city developmentA few minutes away from AEON 1 Mall, international schools, banks, embassies, offices and entertainment venuesConsidered as a landmark development in Chbar AmpovLearn More About Vue AstonMorgan EnMaisonMorgan EnMaison is a new waterfront development located along the Mekong River Road in Phnom Penh’s Chroy Changvar district. Developed by Morganford Investment (Cambodia) Co., Ltd, a multi-awarded property developer in Cambodia, the Morgan EnMaison is the latest of a line of premium Cambodian properties soon coming on the market.Morgan EnMaison is one of the handful of developments that will have a private helipad on the 220-metre high rooftop. There will also be a multi-level luxury sky club that will give a unique appeal to the skyline. Morgan EnMaison also boasts a private yacht marina.Morgan EnMaison's complex boasts five modern buildings sitting in a horseshoe-shaped arrangement on a land area of 2.4 hectares. The complex hosts a total floor area of over 400,000 sqm. The five buildings will embrace an ecological landscape garden and water features spanning nearly 10,000 sqm. This will be a large community living in harmony. The marina and a 200-metre riverside walking path are both leisure destinations.Project HighlightsStarting Price: $80,000Large waterfront residential development in Chroy ChangvarRecognized for its generously spaced loft units with plenty of natural lightEnjoy river views and river breeze from the comfort of your own homeLocation HighlightsLocated in the Chroy Changvar area by the Mekong riverSurrounded by numerous housing and commercial developments, Chroy Changvar is one of fastest-growing districts in Phnom PenhMorgan EnMaison is built by a multi-awarded brand developer with a portfolio of completed projectsLearn More About Morgan EnMaisonWealth MansionWealth Mansion is a 45-storey condominium that began construction in June 2019 and is scheduled for completion in Q2 2023. The projects is accessible via the High School road and Tonle Sap street, roads that are commonly used as they connect Wealth Mansion to the Cambodian-Japanese Friendship Bridge and wider locations in downtown Phnom Penh. The immediate vicinity of the development site predominantly consists of a mix of low-rise residential dwellings luxurious villas, mid-range landed boreys, and high-rise residential developments and has been eyed by several commercial developers for its magnetic appeal among the growing Cambodian middle-class.Wealth Mansion's design an aesthetic and practical functions floor plan and layout which enables the residents to experience a comfortable lifestyle. The units in the entire development are fully furnished and equipped with modern fittings and fixtures that best capture the future of high-rise residential living in the Kingdom's capital.Wealth Mansion complements its modern residential units with first-class facilities and amenities to support the luxurious living of the residents including a fitness center, a luxurious spa, a spacious infinity sky pool, fine dining restaurants, a multi-function conference hall, a front desk, and security services, security cameras, lifts, fire safety equipment, and spacious parking lots.Project HighlightsStarting Price: $111,50045-storey luxury mixed-use waterfront development with spacious office spaces and residential unitsFully furnished units equipped with high-quality modern decor and fixturesScheduled to be completed in Q2 2023Location HighlightsLocated in Chroy Changvar, a fast-growing residential district in Phnom PenhUnique 360 degrees view of both Tonle Sap and the Mekong RiverLearn More About Wealth Mansion