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Condo supply set to increase 120% in Phnom Pen
Condominium supply in Phnom Penh will increase by almost 120% this year, leading to a slight decline in rental prices, according to a forecast report by property firm CBRE Cambodia.
Cambodian government wants to take back islands from inactive developers
Developers that have not made progress on planned projects in Cambodian islands will need to return their land parcels to the government, Prime Minister Hun Sen warned.
Is there a bubble in Phnom Penh property?
A surfeit in condominium supply continues to raise suspicions of a bubble encapsulating Phnom Penh’s luxury residential property market.
Condo Oversupply in Phnom Penh?
Recently CBRE CAMBODIA reported that the market supply of Phnom Penh condominiums will increase by 533 per cent from early 2015 by the end of 2018.
Major Cambodia project planned
Koh Puis Investment Group aims to build a luxury hotel and gaming project in Morakot Island off the coast of Sihanoukville, Cambodia, which includes prime property and leisure facilities.
Land prices on the rise in Phnom Penh
Land prices in Phnom Penh have been steadily increasing since the market crash in 2009, according to results from a recent survey.