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.
Land prices in Phnom Penh continued to show signs of upward movement at the beginning of this year, led by Sen Sok district, while Chroy Changvar district remains stagnant, according to a real estate developer’s report.
The Spring Festival has come and gone, and China’s property industry is pondering if the real action is in lower-tier cities, away from the hustle-bustle of metros like Beijing and Shanghai.
THE Vietnamese real estate market remains strong this year since the economy continues to grow robustly and there is a lot of investment flowing into infrastructure, thus attracting both domestic and foreign investors.
A groundbreaking ceremony was held on Thursday for a $230 million 62-storey twin building project in Phnom Penh, scheduled to be completed by 2023.