The real estate market in Cambodia has witnessed rapid progress, especially over the last four to five years. Unfortunately, many have noted that human resources and other vital areas of the workforce seem to be lagging.
Phnom Penh is home to an increasing number of modern skyscrapers which are replacing Khmer-style architecture that long dominated the capital.
Phnom Penh is set to welcome 11 additional retail outlets this year, bringing the total area to 370,000 square metres – up from 220,000 last year, said industry insiders.
Property developers are gearing up to construct housing projects in Dangkor district, located south of the capital’s city centre, for middle-class families. More developers are also planning such undertakings in the near future.
Born in Phnom Penh as the second of three children, Nhem Sovandy studied civil engineering and has a passion for new technology. Always a good student, he embraced self-learning quite easily as well.
Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program.
No sign of over-supply as Cambodian wealth increases and Chinese interest remains high
A classic chicken or egg situation is developing in Tbong Khmum province where plans to build a model city in the middle of a teak forest have stalled.
The growth of local startups as well as more international companies seeking a presence in Cambodia is fuelling the demand for office space, but industry experts say rentals are being held static by a steady supply of new developmen
Once a rabbit warren of sleezy bars and video game parlours, developers hope the Phnom Penh Pub Street concept will give new shine to a faded star