The government is pushing for all land registration to be completed by 2021, a move which the Ministry of Land Management, Urban Planning and Construction says will curtail land disputes and boost real estate tax revenue for the gov
Ho Chi MINH CITY has a surplus of houses for relocated residents, but severely lacks social housing.
Investors renting large buildings and condominium blocks have increased with the Kingdom’s current construction boom, in what appears a good approach for growth in the property market, according to industry insiders.
An expressway project from Phnom Penh to Sihanoukville was announced to officially begin construction on March 22, according to the Ministry of Public Works and Transport.
Property management does not begin and end with daily maintenance, according to an industry expert. Instead, the trend for “asset management” that has developed on the Chinese mainland has been especially important for owners of high-end office buildings, he said.
Japan's vice-minister of Land, Infrastructure, Transport and Tourism said at a forum in Phnom Penh on Wednesday that Cambodia is in a similar situation to when Japan began its rapid economic growth.
Condominium demand in Phnom Penh remains low, despite an excess in supply and many construction projects continuing to rise.
ANANDA Development PCL, Bangkok’s leading mass transit condominium developer, is redefining urban living in Bangkok by building world-class properties in close proximity to Bangkok’s mass transit stations, the company said in a press release issued on Thursday.
THE Vietnamese central city’s construction department has listed 17 commercial housing projects that allow foreigners to own homes, including eight in Son Tra peninsula and six in the downtown Hai Chau district.
EXPERTS said the Spring Festival holiday was the major factor behind the significant drop in property sales performance in China in the first month of this year and did not necessarily represent a negative market trend for the industry.