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

MORGAN TOWER, PHNOM PENH - Realestate.com.kh is bringing back its massively popular Real Estate EXPO this coming July 2 & 3 at the Premier Centre Sen Sok. The Real Estate EXPO 2022 is one of Realestate.com.kh’s offline events pushing the real estate and related industries to new heights and delivering exclusive deals and vital services to the growing Cambodian market - all in one place.The Real Estate EXPO is a series conceived by Realestate.com.kh’s founder Moek Chenda and the company’s CEO Thomas O’Sullivan with the vision of creating an event where buyers can secure some of the best deals in real estate, attend free property seminars and enjoy a great day out with the whole family by visiting some of the attractions such as the latest in property technology, car test drive areas, and kids entertainment zone. The biggest names in property development across Cambodia will be on display including OCIC, Orkide Development, Chip Mong Land, Borey The Flora, Golden Cambodia Century, Morgan Group, Prince Real Estate,  Borey Kasen, Borey Bosba, Borey Arey Ksat, Coastal City and many more. To complement the home buying decision the leaders in banking, finance and insurance will also be there to consult buyers. As will the leading real estate agencies in Cambodia such as CBRE Cambodia, Cambodia Properties Limited, GC Realty, Pointer Property and property investment specialists Fazwaz Cambodia.Register As An Attendee or ExhibitorWin Big At The Realestate.com.kh EXPO 2022Apart from securing the best deals in real estate and other mid to high-end items, attendees will all go into the draw to win some of the biggest prizes ever seen at similar events, including jewelry from Princess Alanka, Watches from Watch Empire, Equipment from Seara Sports Systems, movie tickets from Legend Cinema, Appliances from both Fotile, Mitsubishi and many, many more. Property developers and exhibitors will be offering a variety of buyers incentives during the two days including huge discounts and show-only lucky buyer prizes including property & cars!When, Where, and What Time? The Real Estate EXPO 2022 will be held at the Premier Centre Sen Sok. The EXPO 2022 will start on July 2 & 3, Saturday and Sunday from 9:00 am until 6:00 pm both days. The Real Estate Expo 2022, Above and Beyond Properties & Services“We have not been able to do an offline event of this scale since our record-breaking events in 2019, whilst not surprising we have really been overwhelmed with the response from both exhibitors joining the expo, as well as very good signs from attendees with 5000+ people already signed up to attend the event,” said Thomas O’Sullivan, Realestate.com.kh CEO.“Ultimately, our goal is to give buyers and Cambodian families an opportunity to get the best deals in real estate of the year, and to create an experience where they can have a great day out together. By adding attractions and activities such as seminars from the leaders in the property industry, kids play areas, cars, an extensive food & beverage and more allows us to not only put on the biggest and best property expo but to create a great day out for the whole family” Mr. Thomas said.Register As An Attendee or ExhibitorA Series of Record-Breaking SuccessesThe most recent Real Estate EXPO held in Naga World Phnom Penh in 2019 was a major success that broke the country’s biggest property sales event ever in Cambodia with a whopping $ 30 million in sales and attracted over 20,000 visitors.  Earlier in 2019 the Home & Lifestyle event attracted more than 15,000 attendees and reached over $20 million in sales. Cambodia’s Leading Boreys, Condos, Agents, Banks, Lifestyle & Corporate brands The who's who of Cambodia's property market and ancillary services are already onboard with more coming as the EXPO 2022 on July 2 & 3 draws closer.Major sponsors & key supporters include: The Khmer Times, Cambodian Investment Management, Princess Alanka, B2B Cambodia, Watch Empire, Mitsubishi Heavy Industries, Panasialife, Gold Zone Media, Seara Sports Systems, Fotile, and LM Car.Exhibitors  include: Orkide Development: Orkide The Botanic City, Orkide The Pochentong, Orkide The Royal Condominium, Morgan Group: Morgan Tower, Morgan EnMaison, Overseas Cambodian Investment Corporation (OCIC), Chip Mong Land, Prince Real Estate Group, Creed Cambodia, Canopy Sands, Borey Kasen Phnom Penh, Borey Bosba, Borey Williams, Genrich Investment, Credit Bureau of Cambodia, Chroy Changva Satellite City, Norea City, Borey Heng Heang, The Elysee, Elite Town 3, Olympia City, Borey New Hope, Kien Svay Plaza, Tourism City, Diamond Bay Garden, Golden Cambodia Century (GCC): Borey Nadi, GC Orussey Market, Borey The Flora, KH Land, Platinum Coast, Golden Cambodia Realty, Phnom Penh Galaxy Garden, Coastal City, Century 21 Cambodia, Oasis Harmony, Golf Harmony, City Gem, Borey Lorn City, Fortune City, Borey Arey Ksat, Borey Chey Oudom, One 70, LM Car, Fotile, JTH Lawyers, API Global, TCU Polys Enterprise, Harvey Law Group, Beike Realsee, FazWaz, Buildmax International, Sathapana Bank, Cellcard, Yuan Dian Advertising MediaMedia partners include: Khmer Times,  B2B Cambodia, AmCham, ADA, Cambodia Investment Review, Property Area Asia, Gold Zone Media, The Cambodia China Times, Thmey Thmey, Enjoy Cambodia, Business Cambodia, FreshNews, Koh Santepheap Daily, Kampuchea Thmey Daily, ThmeyThmey, CNC, BTV, PNN, Hang Meas, CTV, TVK, CTN, Jianhua daily, Cambodia China Times, PanasiaLifeRegister As An Attendee or Exhibitor

On May 27th, Prince Trust, a member of Prince Holding Group (“Prince Group”), one of Cambodia’s largest business groups spanning across real estate development, financial services, and consumer services, has signed a memorandum of understanding (MoU) with Cambodian Investment Management and Realestate.com.kh to collaborate on opportunities in attracting inbound investments through Cambodia’s Trust Law.The MoU ceremony was presided by Michael Chiam, Board Director of Prince Trust, Anthony Galliano, CEO of Cambodian Investment Management, and Tom O'Sullivan, CEO of Realestate.com.kh.Based on the terms of the MoU, the three parties will work towards co-creation of joint capabilities in attracting investment by providing a seamless, trustworthy, and transparent experience for foreign investors. With Cambodia experiencing rapid growth and the passage of the Trust Law in 2019, Prince Trust was established to assist investors looking to venture into Cambodia.Michael Chiam, Board Director of Prince Trust noted ”We established Prince Trust to assist foreign investors looking to venture into Cambodia by promoting trust law. Together with the strong credibility and market awareness of Cambodian Investment Management and Realeastate.com.kh, we will be able to leverage on our respective competitive strengths in addressing the needs of foreign real estate investors looking into Cambodia”While Anthony Galliano, CEO of Cambodian Investment Management, championed the term “Invest Cambodia” in his remarks, noting that Cambodia's remarkable management of Covid 19 has prepared the market for a rapid recovery and “the country has never been better placed for foreign investment”Tom O’Sullivan, The CEO of Realestate.com.kh noted that “website traffic had grown past 200,000 visitors a month over the first half of 2022, with over half of the traffic from international markets” which is a sign that international investment in Cambodia is again on the rise. O’Sullivan went on to say that he “was looking forward to again being a pioneer in the industry along with Prince Trust and Cambodian Investment Management in educating the international investor market and local sellers about the trust law in Cambodia, which is a legal, transparent vehicle in facilitating real estate transactions for foreign investors”What is a Trust or a Real Estate Trust?A Trust is one of the mechanisms to help investors manage their assets. A trust is a way of holding and managing property, whereby the person setting up the trust (called the grantor, settlor, or trustor) transfers property to a trustee, who manages the property for the benefit of others (called beneficiaries).For more information, please visit www.princetrust.com, www.princeholdinggroup.com, www.facebook.com/CambodianInvestmentManagement, and www.realestate.com.khLooking for property investments in Cambodia? Let us help!

Cambodia’s Premier Property Show is back with the biggest developers in Cambodia including: Orkide Development, Morgan Group, Overseas Cambodian Investment Corporation (OCIC), Prince Real Estate Group, and many others COMING TO YOU - ALL IN ONE PLACE!The Real Estate EXPO 2022 is fast approaching and Realestate.com.kh, Cambodia’s largest real estate classifieds platform, is proud to announce the first wave of exhibitors!The Real Estate EXPO 2022 is Cambodia’s premier property show featuring agencies, developers, banks, insurance companies, and other services that homebuyers and investors need when buying property - all in one place.Key exhibitors for this year's EXPO 2022 include:Orkide GroupPrince Real Estate GroupChip Mong GroupOverseas Cambodian Investment Corporation (OCIC)EZECOMHGB GroupCentury 21 CambodiaWith well over 30 exhibitors already booked and preparing for the first expo in over two years, buyers can expect to find some of the best deals in property for the year, with most developers offering exclusive show-only discounts on select units with some even offering discounts of up to 20%! Real Estate Seminars from Industry ExpertsWhile there will be several dozen properties and developers present during the event, the question remains: Which property do you buy?One of Realestate.com.kh's missions is to educate property buyers. And with the biggest names in real estate all gathering in one place, Realestate.com.kh will be hosting a series of seminars showcasing the opportunities - present and upcoming - in the Cambodian property market. Several notable personalities from big developers, reputable agencies, as well as well-known international consultancy firms will be sharing insights and tips over the 2-day event.Speakers already confirmed for the event are:Mr. Ith Hero, Director of Statistics, National Bank of CambodiaMr. Oeur Sothearoath, Chief​ Executive Officer, CBCMr. Lawrence Lennon, Managing Director, CBRE CambodiaMr. Chrek Soknim, President of the Cambodia Valuers And Estate Agents Association (CVEA)Ms. Mom Sothavatey, Country Manager, Fazwaz CambodiaMr. Seraj Sutton, COO & Director, Century 21 CambodiaMr. Kang Nin, Director and Partner, Golden Cambodia RealtyMr. Chu Zexu 褚泽旭, General Manager, Morgan GroupMs. Ry Navy, Head of Sales Division, OCICMr. Ngoey Thy, Assistant to CEO, KH LandDon't miss out on expert insights that could land you your dream home or your next big investment!Special EXPO 2022 Raffle EventThe EXPO 2022 is sponsored by big names in the Cambodian consumer market. From commodities to big-ticket items, attendees will have the chance to win exclusive prizes - worth those of being included in the Kingdom's biggest property show of the year!The event is completely free to attend, and make sure you sign up for express entry to avoid the queues on the day! The Real Estate EXPO 2022 is happening this July 2nd  and 3rd at the Premier Centre Sen Sok, located in the fast-urbanizing district of Sen Sok and directly in front of AEON Mall 2 - the largest purpose-built shopping mall in Cambodia.Interested in joining the event as an attendee?Register for the Expo 2022

AFTER 2 LONG YEARS, IT’S FINALLY BACK! The Realestate.com.kh EXPO 2022 is coming this July 2022 (2nd & 3rd) and it’s bringing exclusive deals and promotions from Cambodia’s leading borey & condo developers, banks, insurance, and many services for your home needs!A WORLD-CLASS VENUEThe Realestate.com.kh EXPO 2022 will be held at the Premier Centre Sen Sok. This grand venue is well-known among Cambodians, expatriates, and foreign investors for its wide spaces, accessible roads, and is directly adjacent to AEON Mall Sen Sok, the largest purpose-built shopping mall in Cambodia today.WHO WILL BE AT THIS YEAR’S EXPO?Anything and everything related to Cambodian property will be at Realestate.com.kh’s EXPO 2022, including the most renowned property developers such as Orkide Development, Creed Group, The Flora, Morgan Group, and many more.But buying property is usually more than just property itself. And this is where the advantage of buying at the EXPO truly shines. Not only will buyers be able to secure some of the best deals ever from boreys, developers, and agents at the event, but the leading banks and insurance companies will also be exhibiting and running special loan offers and coverages for your home and other property needs. Buying and securing your property needs not be a hassle when you can do it all in Realestate.com.kh’s EXPO 2022!Lifestyle brands will also be on show at the event with brands such as LM Car, B2B Cambodia, and Realsee 360 technology making it a great day out for the whole family. CAMBODIA’S BEST REAL ESTATE SEMINARS & TALKSVisitors will be able to attend property-related seminars across the two days, delivered by leaders in the property market. Seminars will include real estate trends; how to find the best opportunities in the market; what to look for when buying your first home; updates on Cambodia's economy; and future infrastructure developments. A LOOK BACK ON THE 2019 EXPO More than 10,000 attendees. Exclusive deals and discounts. Over USD $30 MILLION IN SALES was generated at this same event in 2019.The Realestate.com.kh EXPO is Cambodia’s biggest property show where real estate agents, developers, banks, and insurance providers come together to offer the best deals and discounts ALL IN ONE PLACE.The EXPO has solidified itself as part of the industry’s calendar of events as middle-class and affluent Cambodians, as well as expatriates and foreign property investors, attend the EXPO successfully securing the best deals and opportunities in real estate. Pre-registration is LIVE! Sign-up now to get express entry at the event and updates on who will be joining the Real Estate EXPO 2022 this coming July 2-3 Register now!Real Estate EXPO 2022 Registration here

Cambodia Real Estate Magazine Issue 9The ninth issue of the Cambodia Real Estate Magazine is here! Published quarterly in English and Chinese, this latest issue of Cambodia’s most authoritative and widely-read real estate publication reports on key investment areas, milestones, events, prospects, and other important developments, issues, and movers in the Kingdom’s property sector, including:- Insider analysis: Siem Reap's real estate market in 2019.- Expat guide to BKK2 and BKK3.- Cambodia property sector forecast for the next five years.- Chbar Ampov location profile.- The real estate ultimate guide to Battambang.- Kingdom's condo market setting of Goden Age of real estate.- Opportunities sprouting for Kampot eco-resort.- Cancellation of EBA could hit the Kingdom's real estate sector.- Five ways to spice up your home decor with Chinese feng shui.- Competition heating up in Seap Reap hotel market.- How to start a business in Cambodia: A guide to understanding the market.Cambodia Real Estate Magazine Issue 8The eight issue of Cambodia Real Estate Magazine is here. Published quarterly in English and Chinese, this latest issue of Cambodia’s most authoritative and widely-read real estate publication mainly reported and discussed key investment areas, milestones, events, prospects, and other important developments, issues, and movers in the Kingdom’s property sector, including:- Treatise on the results of Realestate.com.kh’s 2018 Cambodia Real Estate Survey, which shows a rising middle class.- Discussion about the prospects and future of Cambodia’s real estate industry post-election.- Feature about Poipet, a town on the Thai border which is one of the fastest-growing areas in the country in terms of real estate development.- A look on the role and influence of architecture and design on the quality of life.- A look at 7 Makara, Daun Penh, and Chamkarmon, areas of Phnom Penh where most people want to buy property.- Delving on the “Siem Reap Anomaly”, a phenomenon where despite the property boom, rental transactions are down in Cambodia’s leading tourist destination.- A glimpse at how land along Hun Sen Boulevard became a favorite among property developers.- Treatise about low-cost housing proliferating around the industrial areas of Phnom Penh.- Hottest property listings (real estate for sale and rent/lease) from across the country from leading real estate agencies.Cambodia Real Estate Magazine Issue 7Published in both English and Chinese, Issue 7 of Cambodia Real Estate magazine, the Kingdom’s most widely read property quarterly, reported mainly on key investment areas, future events that are most likely to impact the property sector, and other important developments, issues, and movers in the industry, billed as one of the primary drivers of Cambodia’s economy. These include:-    Feature on trailblazing women who made distinct imprints in Cambodia’s real estate industry, with their exemplary accomplishments in a male-dominated industry,-    Treatise on the Cambodia Real Estate Awards 2018, the most prestigious and highly-awaited event for Cambodia’s property sector this year,-    Extract from soon-to-be released Cambodia Investment Guide 2018/2019, which discussed Phnom Penh and other key investment areas in the Kingdom,-     Delving on property experts and leaders’ take on the impact of upcoming national election on Cambodia’s property sector,-    Profile on Khan Dangkao, a Phnom Penh suburb that is drawing interest from local and foreign investors, mainly due to its accessibility and abundance of affordable land,-     Update on the progress of several major property development projects in Phnom Penh and Sihanoukville,-      A look at property value appreciation in Sen Sok and nearby areas, a change brought about by Aeon Mall 2, the Kingdom’s largest shopping and entertainment complex that officially opened a few days ago,-    Delving on the reluctance of banks to loan money to the real estate industry, particularly condominium sector,-   A look at the hottest property listings (property for sale and rent/lease) from across the country from leading real estate agencies. Cambodia Real Estate Magazine Issue 6 Issue 6 of Realestate.com.kh, Cambodia’s most popular, bilingual (English and Chinese) real estate quarterly, tackled Cambodia’s investment potential, looked back at last year’s property and economic trends, and discussed the prospects for the Kingdom’s real sector in 2018, including:- Delving into the Kingdom’s rental outlook and investment potential,- Looking back at 2017’s major real estate and economic trends,- Location profiles on Prek Pnov and Por Sen Chey, two of the many rapidly-developing areas surrounding Phnom Penh,- Extract from Realestate.com.kh’s soon-to-be-released Cambodia Investment Guide 2018, which summarizes the investments opportunity in Cambodia,- Update on ongoing construction projects and other major developments from across Cambodia’s real estate sector, - A peek at the hottest property listings from across the country brought to you by leading real estate agencies,Cambodia Real Estate Magazine Issue 5Welcome to Issue 5 of the Cambodia Real Estate Magazine. Once again, the team at Realestate.com.kh are proud to bring to our readers a selection of the finest property news, advice and information from across the Kingdom of Cambodia, including; A look into the swift economic and real estate growth in lesser known areas such as Poipet and Battambang, Advice for savvy investors looking to invest in real estate hotspots, such as Siem Reap and Sihanoukville- before land prices rise, Delving into the major influence that Chinese investors are currently having across the Cambodian real estate sphere, Two sneak-peak extracts from our highly anticipated,  soon-to-be-released Cambodian Real Estate Investor Guide 2018; where we look at Foreign Ownership Law and tourism trends in the Kingdom in great detail, A comprehensive look at upcoming developments from accross the Kingdom, as well as the hottest listings from the country's leading agenices,And excitingly, for the first time in our history, we are bringing the magazine to you in two languages - both English and Chinese!Cambodia Real Estate Magazine Issue 4In issue four we take a look at the huge technology influence on the property market, as well as the hottest news for potential investors, buyers and sellers including;How the Cambodian real estate market is embracing technology to enhance real estate sales, marketing and business management.How virtual and augmented reality are taking the real estate scene by stormThe Kingdom's exciting economic growth prospectsForegin ownership and laws in 2017-  that all prospective investors need to know How you can take property pictures like a true professional A market insiders analysis into the "The One Belt One Road Policy''As well as a host of new and upcoming developments in Cambodia's property market, and much, much more. Cambodia Real Estate Magazine Issue 3In issue 3 we delve right into Cambodia's real estate market as a whole, covering topics such as;The 2016 Consumer Sentiment Survey Results- the most comprehensive survey to ever be conducted in CambodiaMarket leaders sharing their forecasts of 2017How foreginers can pragmatically invest in land in the KingdomSihanoukville's rise to become the next 'boom townEverything you need to know about home-loans before purchasing your propertyAs well as a look at many of innovative and luxury developments under construction- and much more.Cambodia Real Estate Magazine Issue 2 In this edition, we review what to keep in mind when investing in plot land in Cambodia; we take a look at the rise of the Toul Tum Poung/Russian market district of central Phnom Penh; and we consider the current issues in the Cambodian valuation industry and how best to address these gaps. You can check out a huge selection of real estate listings for sale and rent across the nation, and a prime selection of new property developments in the pipeline and reviews.Cambodia Real Estate Magazine Issue 1The first Cambodian real estate dedicated magazine. Get insights about the property industry in Cambodia with recent law changes, land titles classification, development projects and much more in one, unique magazine.If you are interested in adevertising in our next issue please contact:Khmer and Chinese: nin.kang@realestate.com.kh,  or call  +855 93 552 305, +855 78 637 323English: tyler.stuart@realestate.com.kh, or call  +855 12 599 669, +855 81 599 669

The Realestate.com.kh Mobile App is available on the following app stores:Search 25,000 properties for sale and rent. Do it all for free with Cambodia’s best real estate app!Whether you’re looking for a property or selling one, or you‘re a property developer or an agent, you can use our industry-leading real estate platform easily and effectively on your mobile phone!Our mobile app was recently updated with 2 important features to make your property hunting/selling a lot easier!Direct Chat - this new feature lets users correspond directly with the agent or owner of your selected property and vice-versa - much like WeChat, Messenger or WhatsApp.Home Finder - property hunters can simply tell our mobile app what their requirements (property type, area, number of bedrooms, etc.) are and our app will notify agents who have properties matching their requirements - prompting them to message buyers directly.Here are the latest key features of the Realestate.com.kh Mobile App:For Property Buyers/Renters:The best property search engine in CambodiaLooking for a 2-bedroom apartment in the heart of Phnom Penh? Or do you prefer a simpler Khmer-style house? Our search engine lets you filter search results easily with prices, bedrooms, baths, area, and even completion dates for the latest developments!Chat directly with the agent or owner of the property you likeOur live-chat feature lets you correspond directly with the agent of your selected property. It works a lot like WeChat, Messenger or WhatsApp - simple and convenient!Talk to any agent with real-time translationWorried the agent might not speak your language? Our live-chat feature can translate your messages for you. Translations into Khmer, English, and Chinese are supported in our app; feel free to message the agent of whatever property you want!SMS, Email, or Call your agent in one-clickOur app features the complete contact details of the best agents working with us. So, if you really want that house, condo or plot of land, you can reach out to them in more ways than one!View nearby schools, hospitals, and mallsWe believe a property’s added value lies in its most accessible comforts! Our app can help you better decide which property to get by letting you see what schools, hospitals, restaurants, and malls are nearby!Bookmark your prospects with easeBuying/renting a property takes a lot of decision-making. That’s why our app lets you bookmark properties you like so you can review them whenever you please!Tell Agents and Property Sellers what you’re looking forOur Home Finder feature provides a smart way to let agents and property sellers what you’re looking for! You simply tell us your requirements (property type, area, number of bedrooms, etc.) via the Home Finder tool and our app instantly notifies agents and property developers, who can then quickly respond to your needs. No more long waits to find your new home!For Agents/Property Developers:Create your property listings for FREESell, rent, and manage your properties for free on our app. Tens of thousands of users access Realestate.com.kh every day. Maximize your reach by listing your property with us - absolutely free!Chat directly with buyers and clientsOur live-chat feature lets you correspond directly with prospective buyers. It works a lot like WeChat, Messenger or WhatsApp - simple and convenient to use so you can close that deal faster!Reach a larger audience with real-time translationOur live-chat includes a real-time translation feature, which translates any language into Chinese, English, or Khmer. No more language barriers. Now you can talk to any buyer, whatever language they speak!Never miss out on a saleThe Realestate.com.kh app instantly alerts you when you receive an inquiry or a chat request for any of your listings. It also alerts you of opportunities in real-time so you never miss out on a sale. Just make sure you’re logged in on the app and your notifications are on!Stay on top of the search resultsDon’t let potential buyers/clients miss out on your offerings. Through our app’s Refresh feature, you can get on top of the search results page, giving your listings maximum visibility!Beat the competition for the next big saleNo longer will you have to wait for buyers! The app notifies you whenever a buyer posts their requirements through the Home Finder feature. If the requirements match anything on your portfolio of properties, you can easily grab the opportunity. But you have to be quick, as only the first 3 agents to take the opportunity can contact the buyer!Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now on both iOS and Android.Article by:

Annual Press Conference 2017 in Phnom Penh  Construction and automotive industries key growth sectors for Bosch Bosch Automotive Aftermarket achieved record-breaking triple-digit growth Increasing brand awareness through multi-channel corporate brand campaign of how Bosch helps make a difference in CambodiaUp-skilling of more than 100 trainers and trainers-to-be in 2016 through vocational training Phnom Penh, Cambodia – Bosch, a leading global supplier of technology and services, registered strong sales growth in Cambodia for fiscal 2016. The company has been growing at a double-digit rate since establishing its presence in the country in 2010. “Cambodia continues to be an important growth market for Bosch in Southeast Asia, thanks to the steady economic growth of the country at around seven percent, particularly in the automotive and construction sectors,” said Andre de Jong, Managing Director of Bosch for Cambodia, Laos and Myanmar.    Strong development across all business divisions Bosch’s Automotive Aftermarket division was the main contributor to the company’s overall growth in Cambodia in 2016. It achieved a record-breaking triple-digit growth, boosted by the country’s growing automotive market. According to the Ministry of Public Works and Transportation, the number of registered vehicles in Cambodia reached 3.7 million in 2016 - a 16 percent increase year-on-year. “Cambodia’s automotive landscape is diversifying in terms of the number of makes and models of vehicles in the country. Bosch is supporting this trend by expanding our product range offered in the country,” said de Jong. “In parallel with the enhanced efforts of the Ministry of Public Works and Transportation to improve the safety of trucks, we are also expanding our portfolio to bring in a wider range of equipment and machinery spare parts (off-highway product segment).”  The Power Tools division maintained its momentum of positive growth, largely buoyed by the kingdom’s growing construction industry. By end 2016, total investment from approved construction projects in Cambodia had increased by over 140 percent compared to 2015. This amounted to USD 8.5 billion from more than 2,600 projects. “Bosch aims to contribute to the technological advancement of Cambodia’s construction industry. To support this booming sector, builders must have access to the right tools. In 2016, we therefore launched the “Heavy Duty” power tools series, a range of precise and long-lasting tools specifically tailored for heavy duty construction work,” said de Jong.  The flourishing construction industry also presented opportunities for the Security Systems division to offer safety and security solutions for property developments such as condominiums, offices, and hotels. The division registered a strong double-digit sales growth in 2016 compared to the previous year, with security cameras and access control systems as the main drivers.  The Drive and Control division performed well in 2016, too. The division currently offers solutions for the manufacturing, agriculture, mining, energy, and construction industries. Bosch has also broadened its product offerings in this area, to include frequency converters to help increase a building’s energy efficiency.    Building a strong corporate brand in Cambodia  To support long-term growth in the country and to heighten awareness of the company’s business activities and local presence, Bosch launched its first Southeast Asia-wide corporate brand campaign last year with the slogan, “We help make a difference”. Brand-building activities carried out in Cambodia. mainly focus on digital media including a microsite with a connected Facebook app that is linked to other touch points in print, television, and outdoor brand placement on billboards, buses and bus shelters. In 2017, Bosch is set to roll out the second phase of the campaign with details to be informed at a later date.     Enhancing the quality of life for the local community  Bosch’s corporate philosophy of enhancing the quality of life extends beyond its business practices to social commitment in the countries where the company operates in. In Cambodia, Bosch has been actively providing vocational training to trainers and trainers-to-be from various vocational training entities since 2010. In 2016, Bosch provided training to more than 100 participants, and donated its products to vocational training centers. “Bosch has had a long heritage in supporting vocational training. It is our lifelong commitment and passion to help make a difference to the local community by imparting technical know-how and skill sets,” said de Jong.  Bosch Group: Global strategy and business outlook for 2017 For 2017, in light of a subdued economic outlook and geopolitical uncertainty, Bosch aims to achieve sales growth of between three and five percent. And despite still heavy upfront investments in safeguarding the company’s future, results are set to rise. “Business success today gives us the leeway to shape tomorrow’s world,” said Dr Volkmar Denner, Chairman of the Bosch Board of Management. “As an innovation leader, we are shaping and driving transformation,” Denner added. The focal points of this transformation are changes in the mobility sphere and IoT connectivity. By 2020, all Bosch’s new electronic products will feature connectivity. The key to this is artificial intelligence (AI). Over the next five years, Bosch will be investing 300 million euros in its own center for artificial intelligence. In Asia Pacific, Bosch recorded a hefty 8.3 percent increase in sales in 2016 to 20.8 billion euros (exchange rate adjusted +12 percent). Bosch now generates 28 percent of its total sales revenue in Asia Pacific compared to 27 percent in the previous year.  Find outthe best real estate news on Realestate.com.kh

For its 2nd edition from June 8th to 10th, Cambodia Architect & Decor will welcome 150 local and international brands to showcase their latest innovations, seek new opportunities and exchange on the growing importance of design in Cambodia’s booming construction market. The event will also host an educational seminar, a student design competition and a networking architect dinner, in addition to the exhibition.Phnom Penh, May 18th, 2017A must-attend event for architects, interior designers, property developers and construction professionals. From June 8th to 10th 2017, Cambodia Architecture & Decor Expo will settle once more at Diamond Island Convention & Exhibition Center (Koh Pich). This unique trade show will gather architects, interior designers, property developers and building professionals to exchange about the latest innovations and trends in the sector. “We created Cambodia Architecture & Decor Expo to help professionals engage with targeted potential customers, meet new contacts and identify new opportunities on the market.” says Ajinveat Vhongthong, project manager from ICVeX, the expo organizer. “According to our survey from last year’s show, over $18 million business was expected to be generated from the exhibition in 2016”.A support to Cambodia’s booming construction industryIn 2016, $8.5 billion worth of development projects have been approved in Cambodia. This intense growth leads to a rising demand in architecture and interior design. “We first created this event in 2014 in Myanmar, and it was a great success” develops Mr. Vhongthong. “We know that this platform can highly benefit to Cambodia. Our exhibitors, of which 70% are international, will showcase best-in-class innovations and products”.For example, Thai company SCG will be presenting eco-friendly building material products on its 210 square meters booth and visitors will be able to receive in-depth advice from SCG experts. Visitors will also get the chance to discover Gio Home Kitchen first water proof kitchen furniture, Modernform’s customizable desks and ergonomic chairs, the first launch of Fibreglass Translucent Roofing Sheet by Ampelite, and much more.An educational opportunity for Khmer studentsTo organize this expo, ICVeX has partnered with Cambodia Society of Architects (CSA) and together they will welcome among the most eminent local and international speakers. Among other conferences, Mr. Tim Beaumont - CEO of The Beaumont Partnership - will be sharing insights about the projects he developed in Southeast Asia and Mr. Adrianta Bin Aziz, from Malaysia Institute of Architects, will elaborate on the importance of continuing professional development. Other topics will include the development of Phnom Penh city, challenges encountered when developing Boreys or future Cambodian architects and designers. CSA will also take this opportunity to organize the CSA 2017 Design Competition that rewards the best ideas in Arts & Architecture in Cambodia. Selected candidates will be put on display during the expo and the award ceremony will take place during the Architect Networking Dinner on June 8th . Practical information 8-10 June 2017, 9AM to 7.30PM Diamond Island Convention & Exhibition Center (Koh Pich), Phnom Penh Free admission More information and full program available on www.cambodiaarchitectdecor.comFind the best real estate news on Realestate.com.kh

The Cambodia Real Estate Show, powered by realestate.com.kh, saw over 3000 local and international investors flock through the Grand Ballroom doors of NagaWorld Hotel last weekend, Friday & Saturday.The country's leading developers benefited from thousands of sales leads generated over the two days; and a staggering 30 deals were converted onsite at the show - equating to over 3 million US$ in total property value.Developers also booked a high number of site visits, showroom tours, and gained hundreds of serious leads to follow up in the coming weeks after the show. Three lucky buyers also won international flights packages, thanks to the airlines sponsor Cambodia Angkor Air.40% of those who attended the event were Chinese, or Chinese speaking; 20% were mixed internationals; and 40% were Khmer nationals. As Cambodia’s leading property classifieds website, the turnout of the show represents the targeted audience of the Realestate.com.kh website and related media channels.“The Creed Group, presenting 3 projects at the show - Bodaiju Residences, Borey Maha SenSok and Arata Garden Residences - achieved a great result: 21 unit bookings and reservations for current selling projects and the upcoming project, Arata Garden Residences,” confirmed Ms. Kelly, Deputy Sales & Marketing Director at Creed Group.Ms Intan Kosem, developer of Habitat Condos, said that, "We were very delighted to present Habitat Condos at the show. In fact, we sold one unit to an overseas buyer which we met at the show - and we also generated various other sales leads and property visits from the event. We look forward to the next show!”“We were very satisfied to be a part of the inaugural Realestate.com.kh Cambodia Real Estate show at NagaWorld. The event enabled our team to generate a significant number of direct sales and many good quality leads for prospective buyers. We are looking forward to the next event organized by the Realestate.com.kh team,” said Mr Laurence Hamilton, Vice President of NC Max World Real Estate Development/Brokerage who presented new projects such as The View and East One Apartments at the show.Mr. Piseth Seng, CEO of LK Development Group - developer of The Elements project, stated that, “The Cambodia Real Estate Show at NagaWorld was beyond our expectations! Realestate.com.kh delivered what was promised to the exhibitors. We met so many potential buyers and the high-value investors that we were looking for. We are sure that this Real Estate show is here to stay in the market and we are proud to continue to work with Realestate.com.kh into the future.”In addition, the show provided a very insightful series of seminars from some of the most respected figures of the local and international industry. All of these presentations and video seminars are available for viewing on www.realestate.com.kh/news in the coming days.Porsche and Mercedes Benz were also at the show - allowing visitors to test drive some of the hottest cars on Phnom Penh’s streets from the valet parking area of NagaWorld.The Show would not have been possible without its dynamic sponsors: Last Mile Works VR, Seara Sports Systems, Ezecom & Cellcard. A big thanks goes also to our trusted Official Media Partners: Business Cambodia, Bizkhmer, Khmernavi/Enjoy Cambodia, Sin Chew Daily, B2B Cambodia, Amcham, Britcham, Cambodia Constructors Association (CCA), Cambodian Valuers and Estate Agents Association (CVEA), PropertyGuru, Property Report, Asian Property Review, PropertyGuru International, Juwai.com, the Khmer Times and La Reine. “Our real estate show simply closed the gap between the investor and the opportunity,” comments the ceo of Realestate.com.kh, Mr Thomas O’Sullivan. “When investors from throughout the region arrived in Phnom Penh for our real estate show, they were able to feel, smell and touch Cambodia; they saw the drastic changes happening here in terms of construction and real estate development. They also came to understand the infrastructural improvements that are transforming the country into an economic hub. This exposure to Cambodia gave many the confidence to invest in property at the show,” concluded O’Sullivan.After the success of the first ever Cambodia Real Estate Show, Realestate.com.kh is already planning for an even bigger and more comprehensive Real Estate Show within 2017.Find the best real estate news on Realestate.com.kh

Cambodia’s consistently high GDP growth, freehold foreign ownership laws and emerging market fundamentals are encouraging property investors and developers from around the region and the world to shift their investment target towards the Kingdom.For those seeking luxury living in the heart of Phnom Penh’s CDB, One Park Condominium represents one of the nation's most sophisticated offerings; a development by the renowned developer Graticity Real Estate Development Co., Ltd. (GRED).On the 19th of April 2017, One Park Condominium celebrated their “topping out” ceremony on the construction site of the project in Phnom Penh.This event highlighted the unique proposition of One Park, a project set to redefine high end living standards in central Phnom Penh, offering a lifestyle for residences yet to exist in the Kingdom’s property sector. The event also demonstrated the high quality and speed of the development’s construction thus far.After breaking ground in 2015, One Park’s construction has continued 24 hours a day, 7 days a week. The first phase of shophouse and retail units will be ready for handover by mid-2017, while the first phase of 1,600 condo units are expected to be released to buyers by mid-2018.The ceremony was widely attended by leaders from throughout the real estate and development industry, GRED’s local and international management team, and the representatives of China Construction (S.E.A) (Cambodia) Corporation - One Park’s dedicated construction partner. Local, English, and Chinese media partners were also in attendance at the event, in order to share the news of the structural completion of the project to the the Cambodia and regional property market.Units in the development include smart and chic, small to medium-sized one to two bedrooms. There also will be large and elegant three-bedroom and penthouse units. The entire project occupies over 7.9 hectares of land area, a firm base for 2.5 million square feet of floor area for all the units of the project.One Park condominium can be considered as the pioneer for introducing the "community" concept in Phnom Penh, which is set to redefine the future trend of the real estate market in Phnom Penh.One Park is focusing on creating the highest standards for living and will feature a set of natural gardens, sports and leisure facilities, an eco-friendly environment, education resources, and community operations. The development is certainly set to bring luxury lifestyle to a new level.Find out more about One Park today on Realestate.com.kh!

The Digital Classifieds Group (DCG) is excited to announce its recent acquisition of www.Yula.la, the leading general classifieds website of Laos.Created in December 2012 by French national Christophe Eyquem and his Laotian wife Kimthong Luangvilay, the site has grown to become a trusted brand for online shoppers in Laos and the most trafficked site of its kind in the market. The site hosts the largest collection of real estate, automotive, electronics, and general product listings currently online in the Lao People’s Democratic Republic.DCG acquired a majority stake in Yula.la in March 2017, while the founders, Eyquem and Luangvilay, have remained minor shareholders of Yula.la and will continue to contribute their market knowledge and technical expertise to the business.Mathew Care, CEO and Director of the DCG Group, notes that, “Laos offers an extremely exciting new market for us – with fast growing Internet penetration rates, consistently high GDP per Capita growth and strategically located alongside Cambodia, another market in which we have risen to become a strong player in the online classifieds sphere”.“Furthermore,” continued Care, “we are extremely pleased to have formed a partnership with Christophe and Kimthong moving forward into a new phase of growth for Yula.la. As with all our ventures in all of our markets, we clearly understand the strategic advantage of working closely with local partners”.Eyquem, co-founder of Yula.la, said, “I am pleased to join such a dynamic group as DCG, and have found the right partners with the experience of the board of directors and management. Working with directors such as Tim White, ex-CEO of leading Australian real estate portal, www.allhomes.com.au, is a truly exciting prospect”.“Myself and my wife, Kim, have created Yula.la to provide a fast, easy and very simple way for people in Laos to buy and sell online. Since the launch in 2012, we have seen a steady increase in traffic and user engagement, and we always wanted to see Yula.la grow to the next level. I am confident that the experience and capital support of DCG will help Yula.la to maintain its leadership across the Laos online space”, concluded Eyquem.New Zealand national, James Whitehead, currently director of content of Realestate.com.kh, DCG Group’s market leading real estate portal in Cambodia, will direct the Yula.la operations in-country in Laos, transferring from Phnom Penh to Vientiane mid-way through 2017.Digital Classifieds Group (DCG) is based in Australia with a portfolio of South East Asia and the Pacific’s leading and fastest growing online classifieds portals, reaching over 30 million users per year via both general classifieds and real estate classifieds websites.Find the best real estate news on Realestate.com.kh

Samdech Techo Hun Sen Boulevard has been officially launched this morning, April 3, 2017 in the honorable presence of Samdech Techo Hun Sen.Samdech Techo Hun Sen Boulevard started constructing in March of 2011 under ING Co., Ltd. This Boulevard connects Route 271, Chromos Chrouk (Kbal Tnol), the Boeung Tompun wetlands, and National Road  No. 2 in Takmao City, Kandal province.The Boulevard is considered the largest public road in the city, with a total length of 9,160 meters. Its construction is expected to improve traffic overall and to make travel from the outskirts of Phnom Penh to Kandal easier.Infrastructure has become a major focus point in the development of related real estate in the area and its land prices. Mr. In Setha, CEO of real estate website www.cambodia21.com said, "The price of land there has increased compared to the last few years from when it was just land area and lakes. Nowadays, it holds great potential. Land prices from Road 271 to the international school project ISPP range from $750 to $850 per square meter, and the value of projects from Connor around the International School ISPP to National Road No. 2 range from $200 to $350 per square meter "He added: "Because of the development of good infrastructure and development projects, housing developments like The Element condo project, the residential Woodland project, Borey Peng Hout and Chip Mong are already planning to go there."Development to the south is the best choice for the development of Phnom Penh city. In fact, infrastructure developments like these ease traffic congestions and improves the standard of living around the area. Overall, this is geared towards sustainable development where what once just a lake will become the region’s main trade and investment location.For up to date news and information, visit our news section at Realestate.com.kh now.

Register for FREE to attend the show!Cambodia’s real estate sector is attracting the attention of investors from around the region and the world. The property market has grown phenomenally in last 5 years, and major cities are demonstrating some of the highest urban expansion and population growth rates in the region.Despite remaining an “emerging market”, Cambodia is demonstrating lower risk than this label usually suggests - demonstrating strong fundamentals for property investors and regionally high yields, which has already attracted a multitude of international development companies from around the world to launch projects:Why Invest In Cambodian Property? The Fundamentals:US$ Investment Economy: Invest in the world’s most resilient currency as Cambodia has long been a dollarized economy and will continue to be.Virgin Investment Territory: Enormous growth potential and very positive appreciation trends in recent years.Strong, Sustained Growth in GDP: 5% average for the last 5 years, year on year. No. #21 worldwide in growth, and No. #1 in the region.Secure Assets: Freehold Foreign Ownership Laws that have been successfully supporting investor’s since 2010.Strategic Location: Sandwiched between two strong economies, Thailand and Vietnam; Midway between the world’s largest and fastest growing economies, China and India; and sitting between Australasia and Asia, with trade agreements connecting it to both.Political Stability: The country has had the same Prime Minister for more than a quarter of a century, the longest serving non-royal leader in South East Asia.Trade Integration & Regional Logistics Chain: Joined ASEAN for increased access to regional markets; LDC status gives tariff free access to highly developed markets in Europe and Americas; Cambodia is firmly part of China’s “One Belt, One Road” policy.Improved Logistics: Deep sea port, railways, roads and flight connections around the nation and Asia growing yearly.Retirees’ Mecca: Due to a unique, low-cost quality of life.A Cash Economy: Money flows inside and outside of Cambodia are simple and cost-effective for international investors.Developments of all varieties are rising fast across the nation, giving buyers a wide range of options to choose from, with investment properties suited to all budgets and needs. However, purchasing the right property is an important decision that requires diligence and a full survey of the strength of that financial investment - which can be difficult for those investors residing outside the country.For this reason, Realestate.com.kh, Cambodia most visited and most preferred real estate portal, is hosting the most comprehensive Cambodia real estate show in the nation’s history. The Realestate.com.kh Cambodia Real Estate Show will take place on the 5th and 6th of May 2017 at the country’s most famous Hotel and Casino: NagaWorld.The event will be a one-stop exhibition where buyers can simultaneous survey the country's hottest property offerings and learn the necessities of an informed and secure investment decision in Cambodia.The Creed Group, HLH Group/Camhomes and Graticity Real Estate Development (GRED), Habitat, NC Max World, J&L Property Development, EASTLAND, CORE PPSEZ, DH3, Royal HM trading, Sky 31, Vikirirom Pine Resort, among others, have already booked their booth space.Silver Sponsors of the event: LASTMILE WORKS Co., Ltd and Seara Sports Systems.Seminars and speeches by local consultants will be running throughout the two days to promote understanding of the legal climate in Cambodia and the best ways for investors to manage their property assets in country. Those seminars will have the objective of promoting knowledge and establish confidence in purchasing a property in the Kingdom.Realestate.com.kh’s unique partnerships with marketing channels such as the PropertyGuru Group (Asia’s largest and most visited real estate portal group) and Juwai.com (China’s #1 website for Chinese buyers looking to buy purchase property abroad) will attract serious international buyers for the two day show. Local marketing will also be comprehensive, targeting both the expatriate population and high-net-worth local property investors. The show is strategically being held at NagaWorld Hotel, the first choice for accommodation in Phnom Penh for Asian investors, dignitaries and business people.Mark the Cambodia Real Estate Show in your calendar on the 5th and 6th of May 2017 now and book your flights. Get ready for the biggest property show in Cambodia’s history.Business Cambodia, Bizkhmer, Khmernavi, Sin Chew Daily, B2B, Amcham, Britcham, Cambodia Constructors Association, Cambodian Valuers and Estate Agent Association PropertyGuru, PropertyGuru International, Juwai, Khmer Times and La Reine.For sponsorship or exhibitor opportunities at the Cambodia Real Estate Show, please contact us at info@realestate.com.kh or call +855 98 67 67 82Find the best real estate news on Realestate.com.khRegister for FREE to attend the show!

The Cambodian Valuers and Estate Agent Association (CVEA) will be organizing a public forum on “ Legal Ownership in Cambodia ” for all stakeholders and workers in the real estate sector to discuss topics on legal property aspects.  The upcoming Legal Ownership in Cambodia public event will mainly focus on four significant segments which included:Types of property titles in Cambodia from 1979 to 2017How to transfer property title and stamp duty for both soft and hard titleHow to calculate a yearly property’s stamp duty and unused land taxHow to prepare the property, buying, selling, and leasing contractThe Legal Ownership in Cambodia event will be held on February 26, 2017 from 7:30am to 12:00pm at the Cambodia-Korea Cooperation Center (CKCC) in Phnom Penh.The Legal Ownership in Cambodia forum is open to all real estate industry experts, students, and to the general public in order to promote knowledge sharing and learn in regards to Cambodia’ property ownership laws.Entrance will cost $5 for BBA students and $10 for the general public.CVEA members can send up to three representatives from their company free of charge.For more information and for registration about the Legal Ownership in Cambodia forum,  contact Mr. Moth Vanneth through:  Phone: 069 211 268/ 069 527 944, Email:   vanneth@cvea.org.khFind out more the latest real estate news on Realestate.com.kh

The First Wealth Management Forum will be held in Cambodia at the Sokha Hotel Phnom Penh, the 16th and 17th of February.The Wealth Management Forum will be a two days comprehensive event, which will merge three major exhibitions: Property Forum, Marketing Exhibition and the Startup Exhibition.It is a three in one event which aims to create a forum in regards to financial education for the general public, give the chance to companies to present their products and services, and to create a network opportunity for entrepreneurs and investors.Miss DEK Davy , who organized the event, stated that in Cambodia the number of financial institutions and companies is increasing however, the overall knowledge in regards to this topic is still unsatisfactory.This forum therefore, has been created with the objective of bringing together various companies to present their products and experts in the field, to promote knowledge sharing and learning opportunities.More than 20 new businesses launched in 2016 will be given free exhibition stands, and the chance to meet potential investors. The event will be divided in eight sessions and will feature several speakers, who will share their experiences and give the chance to the public to ask questions.We are really excited about the event and would like to thank our sponsors for their support: Metfone, Phillip Bank Plc, Canadia Bank and Sovannaphum Life Insurance.Register today: www.wealthbuildingcambodia.com To buy tickets please call: 023 694 4444 / 071 3333 208 Seminar entrance ticket is 25$ and 15$ for students.  Special discount for early bird tickets.Find the latest real estate news now on Realestate.com.kh

Although relatively small, Cambodia’s real estate market scene is filled with industry-related events. It is that time of the year again when developers get the chance to see (or not) the payoff of their efforts and work, reassembled in the form of an award. For the second year in a row, the PropertyGuru Group is organizing the Cambodia Property Awards, which is set to be the biggest and most exclusive real estate awards event in the Kingdom.Last year, the debut event saw over 300 guests and VIPs, and was broadcast live on CTN’s Cambodia News Channel.Bringing together all the biggest developers in town and award them without upsetting anyone must be not an easy task. In order to find out more Realestate.com.kh met with Mr Terry Blackburn, Managing Director of PropertyGuru Asia Property Awards.The Cambodia Property Awards was launched in late 2015 as part of the then 10-year-old Asia Property Awards programme that began in Thailand in 2005 (which later on expanded to other seven countries across South East Asia and in China). Cambodia held its first gala dinner in February 2016, becoming the latest addition to the awards programme last year, which Terry described as “one of the last pieces of the puzzle.”Mr Terry believes that due to the Awards’ long history and earned credibility, they are in the right position to set a benchmark for quality within real estate, on a regional level.Developers of contemporary projects that will be completed within the next 18 months are now eligible to apply. Currently 22 categories are set for this year and each project will be evaluated by an independent panel of judges formed by top experts of the industry. The panel will be supervised by BDO, one of the world’s largest accounting and auditing firms, to ensure full transparency and conflict-free evaluations. But how can the Cambodia Property Awards set the benchmark for quality?Mr Terry explained that each project goes through a thorough onsite inspection, where the panel of experts reviews the viability of the construction and their quality, based on a verified checklist that covers different crucial aspects. This process – from nominations to choosing the winners – takes up to six months. Every real estate development is scrutinised, giving an extra assurance to future buyers. More importantly, based on existing rules of the Awards, developers who eventually win but fail to complete their projects by the established deadline, risk to have their award withdrawn. This gives assurance not only in terms of quality and design of a given development, but as well as its economic viability.Due to his familiarity with other Southeast Asian real estate markets, we have also asked Mr Terry’s thoughts on Cambodia compared to other countries where the Awards operate in, as well as the possibility of a real estate bubble: “In the upcoming months , when majority of the developments will be completed, we should have a better overview of what is being sold for occupation and what for investments. Of course a healthy market implies a high number occupants rather than speculative investments; if this will be the case for Cambodia, then a new wave of investments will come in, if not it might take a while before these projects are sold or rented out. In the latter case however, I do not see an imminent drop in price, since developers often work on tight margins.”When comparing Cambodia to other countries in Asia, Mr Terry stated: “I must say that Cambodia is small but certainly a fast-moving market, with plenty of room for everyone: I particularly see a big potential in the affordable housing, given that the Cambodian finance sector is more consolidated compared to other countries, such as for instance Myanmar, where all the payments still happen in cash and a proper mortgage system is not yet in place.”For developers who are interested in entering their properties in the Cambodia Property Awards, nominations will close on 27 January and entries on 3 February.Find more  real estate news on Realestate.com.kh

In a program with local media news, BTV, Mr. Chheang Sophanna – international sales manager of Pallas Group – said that the company plans to launch its $23.2 billion development project in March of 2017.  It will be located in the coastal area of Kampot and Kep.The government issued a license of development for to the project on October 12, 2016.Mr. Sophanna added that the Kampot and Kep project will be developed for residential holiday homes, business, and tourism and holiday homes. This is the first large-scale international project. It will be a great way to welcome foreign visitors from all around the world, he claimed.  Pallas Group is an international real estate company which is expected to occupy a total land area of 4,158 hectares in Kampot and 144 hectares of land area in Kep. Meanwhile, the company is also looking to do a similar project in Thailand and Vietnam. Kampot is situated 148 kilometres away, while Kep is located 170 kilometers away from City of Phnom Penh. Ms. Siriluck Choochart, the President of Pallas Group, mentioned that the project in the two provinces will be called the “French Riviera Marina”.The French Riviera Marina is set to become an international destination for purposes like residential, business, tourism, and film production. Siriluck cited that the company's Kampot and Kep project will create over 50,000 jobs after the construction begins and thousands more after the development is completed. And each project will be environment-friendly. It will also make use of modern construction materials and the most advanced construction methods. This project will be made with quality in mind and is slated to become the best of its kind in Cambodia.The French Riviera Marina will also offer a safe sea park that includes villas, hotels, apartments, a swimming pool, artificial beach, a private coast, a golf course, a port, boutique shops, leisure area, and many more.Enjoy more of the latest real estate news!Click here to download your free copy!

Sihanoukville International Airport (formerly Kang Keng Airport) was established in the 1960s. After the Khmer Rouge period, services in the airport stopped until it started operating again in early 2007. But it wasn’t until 2011 that a scheduled service was formally done.A tri-weekly trip from Siem Reap’s Angkor International Airport began in December of 2011, where it was further adjusted in 2013 to accommodate trips from and across Sihanoukville, Siem Reap, and Phnom Penh.Mr. Sin Chansereyvutha, the Director of the State Secretariat of Civil Aviation said that Sihanoukville Airport is the largest airport in the country, which may be the case for the next 10 to 15 years.He explains that the economy of Sihanoukville had increasingly grown stronger, thanks to the economic contributions of the business sector, industry sector, transportation, imports and exports, and tourism. Sihanoukville is becoming a region of great potential as well for the real estate sector as the region was transformed into a special economic zone. Another important factor is the Sihanoukville Autonomous Port, an international port. This is key for economic growth.In addition, Sihanoukville is also a tourist destination for both local and international tourists, with the Sihanoukville International Airport offering convenience and comfort to travelers.There are also domestic and international flights going to Ho Chi Minh City, Phnom Penh, and Siem Reap, along with options to take private aircrafts and helicopters.The Sihanoukville International Airport also has the same geographical environment as the airports in Japan, Hong Kong, and Singapore, where they are near the ports and the sea.Find out more about new development on Realestate.com.kh !Click here to download your free copy!

Infrastructural projects like railway completions, airport expansions, and road widening have been fast-tracking growth in Cambodia. As a result, the tourism sector is experiencing a sudden surge.  According to the Ministry of Tourism, around 2.7 million international visitors traveled to Cambodia. Leading the herd of visitors are the neighboring Vietnamese, Thai, Chinese, and South Koreans.  So, this is being utilized as a resource towards a better tourism strategy.Anticipation Builds:Though declining to communicate project cost and timeline, Chinese-owned development company Tianjin Union Development Group (UDG) announced last week that a plan to construct a coastal airport has already been finalized and that “a geological survey and initial design work has been concluded for this high-grade international airport.” This is according to a representative from UDG. The representative adds, “The construction is ready to go.”The Union Development Group signed a 99-year lease with the government and has been developing projects in its 45,000-hectare of land concession in the districts of Kiri Sakor and Botum Sakor since 2008. Along with this is the government’s commitment to deny any application to construct new airports in the area, making UDG’s development the main airport of the province.The Bigger Picture:Most of the arrivals into Cambodia go through Phnom Penh and Siem Reap, accounting to around 90 percent of visitor arrivals. In comparison, coastal areas only received 8.8 percent of visitors who mostly arrive either by sea or by land. The developers are hopeful that this move will bring that number up. This airport will be a part of a bigger plan that includes the Dara Sakor Seashore Resort and a free trade zone with ports. And much like the expansion project of the Sihanoukville airport, the construction of the new airport in Koh Kong is expected to address any possible congestion.The airport development will be a part of the UDG’s $3.8 billion dollar plan to turn Koh Kong province into one of Cambodia’s main tourist destinations. Once completed, this airport is expected to bring in planes as big as an Airbus 380 and around 10 million travelers.So, will the construction of the Koh Kong airport allow the province to soar high or struggle to fly? We just have to wait for more details about the project to see.Find out new development in Cambodia on Realestate.com.kh