Apartment demand falters in Q3

Apartment demand falters in Q3

Thu, 31 October 2013 Siv Meng The apartment rental market was flat in the third quarter after strong growth earlier in the year, with oversupply and political tensions among the causes blamed by realty experts. Chrek Soknim, deputy director of VTrust Property Co, Ltd,...
New highway to run through Boeung Tompong

New highway to run through Boeung Tompong

Thu, 17 October 2013 Siv Meng A new highway that is being built is expected to not only reduce traffic jams, but to also open up a large area for real estate development. The new highway, called Samdech Techo Hun Sen Blvd, runs from the intersection of Road 271 and...
OCIC ready to construct more condos on Koh Pich

OCIC ready to construct more condos on Koh Pich

Thu, 10 October 2013 Siv Meng Overseas Cambodian Investment Corporation (OCIC) is ready to build two more 30-storey buildings in the Casa Meridian Condo development on Koh Pich (Diamond Island) in the near future. Om Bun An, sales manager of Casa Meridian Condo, said...
Warehouses enjoy surging demand

Warehouses enjoy surging demand

Thu, 10 October 2013 Hin Pisei Things are looking up for the capital city’s warehouse rental market, with demand increasing significantly and prices rising about 10 per cent so far this year. Economic growth is driving the demand for goods storage facilities,...