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An artist’s rendering of the amusement park planned by the Peng Houth Group.

Peng Houth to invest $60 million in amusement park

Publication date 08 December 2017 | 08:35 | ICT

In an effort to make their housing development project more attractive, the company behind Borey Peng Houth decided to put down another $60 million to create an international-standard amusement park along National Road 1.

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  • Company officials sign a deal to finish Gold Tower 42.

    Chinese to help finish Gold Tower 42 by 2019

    Publication date 23 November 2017 | 14:27 | ICT

    Yunwoo signed an agreement with two Chinese companies yesterday to finally restart the construction of the Gold Tower 42 project, with a new completion date set for the end of 2019.

  • More than $3.4 million spent in 2017 on capital infrastructure

    Publication date 17 November 2017 | 13:22 | ICT

    The national government has spent more than $3.4 million on infrastructure in the capital in the first seven months of the year – not including money spent on sewage upgrades and municipal building and bridge maintenance.

  • Urbanloft to build luxury condos north of the capital

    Publication date 17 November 2017 | 13:25 | ICT

    As the condo market in Phnom Penh continues to improve and the population continues to grow, more and more development projects are emerging north of the city.

  • A bridge under construction over the Tonle Sap.

    OCIC begins work on Chroy Changvar satellite city

    Publication date 17 November 2017 | 08:28 | ICT

    OCIC unveiled plans this week for their “City of the Future” satellite city in Chro Changvar featuring a commercial center and a mixed-use housing development.

  • Grace Rachny Fong (centre), recieves her awards.

    Cambodian woman awarded expert certificate by international real estate group

    Publication date 17 November 2017 | 08:30 | ICT

    A Cambodian woman recently received a certificate that solidified her as an expert in international real estate – a first for a woman from Cambodia.

  • Unfinished construction projects are causing problems within the real estate industry.  SRENG MENG SRUN

    Scandals and problems are mounting in land sale deals

    Publication date 09 November 2017 | 13:48 | ICT

    Scandals are beginning to brew now that the real estate market is expanding with more affordable housing and cheaper land prices.

  • Children play in the housing community built by the Cambodian Children’s Fund. SRENG MENG SRUN

    NGOs fill affordable housing gap

    Publication date 09 November 2017 | 13:41 | ICT

    The government and investment companies are joining forces to build affordable housing for middle-income citizens and social housing for the country’s poorest residents.

  • Land Management Minister Chea Sophara (third from right) and Arakawa executives participate in a groundbreaking ceremony.

    Arakawa to build affordable housing for public servants and teachers

    Publication date 09 November 2017 | 13:36 | ICT

    The housing market has been actively expanding in recent years and real estate prices have increased steadily, largely due to outside investment in the sector.

  • Gold Tower 42 has been under construction since 2008.

    Gold Tower 42 owner promises to finish work

    Publication date 09 November 2017 | 13:27 | ICT

    The owner of the Gold Tower 42 development project has restated his promise to finish constructing the massive building, with construction to restart in 2018.

  • One of many colonial buildings remaining in Kampot town.

    Culture Ministry seeks to preserve heritage structures

    Publication date 02 November 2017 | 10:48 | ICT

    Cambodia is littered with an overwhelming number of architectural heritage sites from a range of periods throughout the country’s history, and these intangible pieces of cultural history play an important role in preserving parts of