Realestate.com.kh forges path for offshore property development sales

From left to right: Meas Veasna, Ly Senleap, His Excellency Cheth Naren and Sam Yang.

Cooling measures and uncertainty in the Singaporean property market saw investors flock to the inaugural Cambodian Property Show at the Marriott hotel in Singapore last weekend.

The show was another collaboration between Cambodian property portal website, www.realestate.com.kh, and Singapore’s online property network, PropertyGuru.

The opening address from His Excellency Cheth Naren, Cambodia’s Ambassador to Singapore, told a packed room of potential investors wanting to understand the local Cambodian market, “Cambodia as a country is not only rich in sublime heritage sites, such as Angkor Wat, but is also a country rich in natural resources and a country focused on development and improving infrastructure.”

Two of Cambodia’s leading development firms, Silvertown Metropolitan and Eastland Development, led the charge by taking the initiative to showcase the Cambodian property sector, as well as their own projects to the 250-plus attendees over Saturday and Sunday.

Attentive Singaporean investors showed great interest in the Cambodian property market.

Some noteworthy presenters at the expo included Sam Yang, CEO of Eastland Development (HK); Ly Senleap, CEO of FUGI Investment; Alfred Chia, CEO of SingCapital Pte Ltd; Guillaume Massin, managing director & partner of DFDL Cambodia; Vic Bolye, sales director of www.realestate.com.kh; Simon Vancliff, investment and development director of ING Holdings; and Allen Park, legal advisor at P&A Asia Law Office.

Yang, of Eastland Development, said, “The attendance across both days at the show last weekend, on site sales and the more than 25 Singaporeans now booked to travel and visit my development sites in Cambodia, is proof that Singaporean investors now identify Cambodia as a prosperous investment landscape.”

In an interview with Winston Lee, ‎regional head of new projects at PropertyGuru, and Tom O’Sullivan, director and CEO of www.realestate.com.kh, O’Sullivan noted that “the collaboration between PropertyGuru and www.realestate.com.kh has allowed us to bring local Cambodian projects to the international market, and we hope that the success in sales and interest from this first Cambodia Property Show in Singapore encourages more developers to participate in PropertyGuru regional property shows in the future - and more Singaporean investors to seriously consider the Cambodian property market.”

A Singaporean investor at the two-day expo mentioned, “Cambodia presents an attractive proposition for an investor, and the returns are a lot more attractive not only from Singapore’s, but also neighboring countries.”

After-show sales: visitors took the opportunity to further inquire about potential investments.

“The development infrastructure such as improved motorways, SEZs, deep-sea ports. and a slated rail network will only add to investor confidence in the Cambodian real estate market moving forward.”

Early bird discounts are still available for the “Emerging Markets Property Show” in Singapore on the 8th and 9th of October 2016.

If you are interested in attending or exhibiting your new development project, visit or call www.realestate.com.kh at 095 911466, 069 436756 or 017 436756, or email [email protected].

MOST VIEWED

Wing Bank opens new branch in front of Orkide The Royal along Street 2004
Wing Bank celebrates first anniversary as commercial bank with launch of brand-new branch. One year since officially launching with a commercial banking licence, Wing Bank on March 14 launched a new branch in front of Orkide The Royal along Street 2004. The launch was presided over by
Girl from Stung Meanchey dump now college grad living in Australia
After finishing her foundational studies at Trinity College and earning a Bachelor’s degree from the University of Melbourne in 2022, Ron Sophy, a girl who once lived at the Stung Meanchey garbage dump and scavenged for things to sell, is now working at a private
Ministry orders all schools, public and private, to close for SEA Games
From April 20 to May 18, all public and private educational institutions will be closed to maintain order and support Cambodia's hosting of the 32nd SEA Games and 12th ASEAN Para Games, said a directive from the Ministry of Education, Youth and Sport. Cambodia will host the
Wat Phnom hornbills attract tourists, locals
Thanks to the arrival of a friendly flock of great hornbills, Hour Rithy, a former aviculturist – or raiser of birds – in Kratie province turned Phnom Penh tuk tuk driver, has seen a partial return to his former profession. He has become something of a guide
Almost 9K tourists see equinox sunrise at Angkor Wat
Nearly 9,000 visitors – including 2,226 international tourists – gathered at Angkor Wat on March 21 to view the spring equinox sunrise, according to a senior official of the Siem Reap provinical tourism department. Ngov Seng Kak, director of the department, said a total of 8,726 people visited Angkor Wat to
Angkor Beer strengthens national pride with golden new look and fresher taste
Angkor Beer – the "Gold of Angkor" – has a new look, one that is more stylish and carries a premium appeal, as well as a fresher taste and smoother flavour, making it the perfect choice for any gathering. Angkor Beer recently launched its new design, one