Yuetai Group Co Ltd’s Phnom Penh Harbour Bay or “The City Gate” development project along the riverfront will begin construction in the first quarter of next year, while some projects are completely sold out, said the company’s sale
Rental of office space in the capital saw a slight increase in the third quarter of this year compared to the second quarter, with a total of more than 86 per cent of spaces occupied, according to a CBRE Cambodia report.
Phnom Penh’s Tuol Kork district is projected to see a threefold increase in the supply of apartments for rent, which is predicted to reach a total of 5,000 units in the early 2030s, according to a study.
Google and LG Electronics are working together to develop and provide hardware and software technologies to upcoming smart city development projects that utilise information and communication technologies to increase the efficiency of urban services.
More foreign-invested enterprises are expected to relocate or open in the Southern Focal Economic Zone in the last quarter of this year.
Property rental in Sihanoukville, which has been skyrocketing due to the influx of Chinese investors, may fall in the next few years when major construction projects are completed, say real estate insiders.
Gross capital formation in the last three years in the Mekong Delta city of Can Tho was 157 trillion dong ($6.82 billion).
China spent huge amounts of money on renovating shantytowns in the first three quarters this year, housing authorities said on Monday.
A PREDICTED boom in flexible working could contribute $10.04 trillion to the global economy by 2030, according to the first comprehensive socio-economic study of changing workplace practices commissioned by Regus, a global working space provider firm.
The property sector added 218 condominium units to the market during the third quarter of this year, bringing the total number of such units in Phnom Penh to 12,048, a CBRE Cambodia report said.