Logo of Phnom Penh Post newspaper Phnom Penh Post - Post Property



Construction sector investment records 24% dip in Jan-Aug

Publication date 14 October 2021 | 20:51 | ICT

Capital investment in newly-approved construction projects over the first eight months of 2021 reached $3.843 billion, contracting by 24.4 per cent year-on-year, largely as a result of the protracted Covid-19 epidemic.

Latest

[name_1]

  • Vietnamese property market expected to stage strong rebound

    Vietnam's real estate market has seen positive signs for recovery following the economic reopening, experts have said.

  • Indonesia home prices to trend up over next two years, Moody’s says

    Indonesian home prices will see strong growth in 2022 and 2023, financial intelligence firm Moody’s Analytics has predicted, following a long period of muted growth exacerbated by the Covid-19 pandemic.

  • Phnom Penh condo supply hits 30,000 in third quarter

    Two large condominium projects were completed in the third quarter of this year, adding 1,586 units to Phnom Penh’s supply, 5.6 per cent more than in the previous quarter, raising the total to about 30,000 as of September 30, according to a new report published on October 12.

  • Public investment pushes VN real estate

    The acceleration of investment in transport infrastructure in Vietnam is the main driving force fuelling real estate stocks as many businesses with large land plots located in areas near key infrastructure projects will benefit from this process.

  • 42% of Seoul apartments purchased by under-40s

    On the back of soaring housing prices, a growing number of South Koreans in their 20s and 30s have rushed to buying apartments, with nearly four out of 10 Seoul apartments being purchased by those young buyers, data showed on September 23.

  • Q2 Philippine housing prices dip 9.4%

    Prices of various types of new housing units in the Philippines declined for the second consecutive quarter in the April-June period due to the lingering Covid-19 pandemic, according to the latest central bank survey.

  • Property tax deadline put off till Oct 31 over Covid unease

    The deadline for payment of 2021 property taxes has been extended from the usual September 30 to October 31 in light of the Covid-19 situation, and the typical penalties will apply to late payments made from November 1, according to

  • Hanoi’s office market will see large changes after pandemic

    The office market in Vietnamese capital Hanoi is experiencing many changes amid the Covid-19 pandemic in terms of rental prices, occupational profile and new demands for office spaces, according to Savills Vietnam.

  • Tourism, airport to lift Koh Kong realty

    A return of international tourism and technical soft launch of Dara Sakor International Airport in Koh Kong planned later this year could drive recovery in the real estate market of the province and nearby areas, industry experts have said.

  • Vietnam realty still attractive to foreign investors

    With a total registered capital of nearly $1.6 billion during January-August, real estate continued to rank third among 18 sectors in Vietnam attracting foreign direct investment (FDI).