The west end of Street 110, also known as Russian Boulevard, is attracting increasing interest from investors and retailers because of its vital role connecting Phnom Penh International Airport with the city centre.
Phnom Penh’s growing importance as a business destination has brought with it many opportunities and infused the market with a growing sense of ambition.
Before the age of social media and TripAdvisor, I often based my decisions on where to dine according to the crowd numbers.
Government officials and local real estate experts agree: widening and repaving the capital’s Veng Sreng Boulevard will have a positive impact on the city’s transport network as well as nearby property values.
The growing activity in Phnom Penh’s property market, especially in terms of new housing coming online, is driving strong growth in demand for furniture in the city.
New residential and office spaces will change the Phnom Penh skyline for many years to come, but new hotels catering to business and high-end travellers will also play a big part of changes in the city.
Phnom Penh’s condominium market is only just beginning to develop, with early movers scooping up prime locations.
The number of legally registered real estate companies in Cambodia grew by nearly 50 per cent in the past year, a development that industry leaders say bodes well for development of the property sector while reflecting increased dom
Office space demand in Cambodia remained stable in the third quarter of this year, the lack of growth reflecting market concerns regarding post-election political instability, property experts say.
Historic O’Russey Market will not be the location of a planned Chinatown development, according to Cambodia’s Tourism Minister.