Cambodia’s construction investment value dropped more than 14 per cent in the first nine months of the year compared with the same period last year, a report released on Wednesday by the Ministry of Land Management said.
Singha Estate Plc, the property company of beverage giant the Singha Group owned by the Birombhakdi family, is fast expanding its footprint in the local and overseas realty markets with a five-year
The domestic real estate market in the fourth quarter of this year is forecast to see the strongest increase in transactions in the year, higher than the transaction volume in the same period last year.
Hotel investment in Thailand hit an all-time high last year, totalling 17 billion baht ($524.7 million), led by a number of marquee transactions.
The property market in Ha Long City on Vietnam’s northern coast is seeing a rising demand for mid-end apartments, driven by a shift in home choice as well as demand for investment.
The International Monetary Fund (IMF) has predicted that growth in the Kingdom’s real estate sector will slow in the next five years.
Cambodian property insiders have welcomed a new measure that reinforces the government’s requirement that all commercial land sales and development projects must be registered with the proper authorities.
Home building is booming in the Kingdom, with the affordable housing sector showing great momentum in suburban areas, as recent data indicates.
Vietnam will become an attractive destination for real estate investment and business because of the high demand for housing, industrial park infrastructure, shopping malls, and tourism property, according to Pham Hong Ha, the minister of construction.
Over 350 international companies from 23 nations have descended on the capital’s Diamond Island Centre for this year’s Cambuild expo, which kicked off on Wednesday.