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Alibaba vows to boost activity in Cambodia
Alibaba vows to boost activity in Cambodia
June 6, 2022, 5:02 p.m.
Online commerce has notably grown over the last few years, while the Industrial Revolution 4.0 continues to be deeply embedded in the contemporary world.There are a few companies that have blazed the trail for ecommerce. These include the likes of Alibaba, Amazon and eBay. Buyers the world over are using these sites to both buy and sell goods.Many of these e-commerce players have made it a goal to penetrate into new markets. These markets have huge potential and massive consumer bases.In a recent interview with Capital Cambodia newspaper, Kevin Li, Alibaba's general  manager of transportation, said that Cambodia is central location in Asia. The country has huge potential for warehousing, and as a transportation hub to other countries in the region such as Thailand, Vietnam and Myanmar.Additionally, Alibaba CEO Jack Ma, expressed plans his firm has to establish networks in Cambodia over the next five years. These networks would be key in transporting goods from China to the Mekong region.News of this decision follows on the heels of a similar announcement by Alibaba’s US rival Amazon. The e-commerce giant, headed by the world’s richest man, Jeff Bezos, recently chose Vietnam to host a transportation hub in Southeast Asia.In choosing Cambodia to be a part of its strategy moving forward, Alibaba is building on the mounting relationship between China and Cambodia playing out through the One Belt, One Road policy.One key advantage Cambodia has over its neighbours Thailand and Vietnam is its use of the US dollar. This means that the Kingdom can be a convenient intermideary between China, one of the world’s largest producers, and the US, the world’s largest economy and biggest consumer of Chinese goods.Many experts think the interest from China will draw even more international investors to Cambodia.To learn all the ins and outs of doing business in the Kingdom of Wonder, head over to our Investment Guide 2019. It’s the free cheat sheet to everything from trade to agriculture.You can also sign up for our newsletter to get news right to your inbox.
Tnaot app
Tnaot app goes viral among Cambodia smartphone users
June 7, 2022, 6:08 a.m.
There’s an app that is spreading like wildfire with foreigners in the Kingdom. It promises to help you do almost everything, too. So what is this super app?It’s called Tnaot, and it can do everything from answering your questions to finding a route across the country. Looking for the best food? Wondering how you can rent a home for the lowest price? How do you refill phone credit online? Where’s the hospital?!?Tnaot has you covered. No need to dig through newspapers or spend hours on Google. The app can help you. Many people can feel confused or frustrated in a new or unfamiliar neighbourhood. Tnaot fixes that. No more headache!As long as you have this unique app on your smartphone, all the problems can be solved in no time. Tnaot brings you information on food, discounts, housing, car rentals, news, phone accounts, and much more.Navigating Tnaot is simple for everyone. When you go to the homepage all the options are there at your fingertips. Jobs, food, entertainment, errands, everything is covered.Here are some of the ways Tnaot can help you:1. Keep up with the latest trends in Cambodia!What is happening in Cambodia that might be interesting or relevant to you? Tnaot covers headlines, events, entertainment news, relationships, science and tech, sports, and all other trending topics.You can always enjoy watching a short video on the Tnaot during your break or while you are waiting. You can also upload and share your stories or activities and react on others from your folks. That sounds very interesting, doesn’t it?2. Life is all set. All you need to do is register.Need to top up your mobile account? Don’t bother looking for a shop in the middle of the hot Cambodian day. You can do it easily on Tnaot. Enter your phone number, choose an amount, pay, and done! Alipay, WeChat, Mpay, and many more options are available.Also, many local internet service providers are also included so you can pay all your bills in one place. Looking for good food? Click on "Gourmet" under the business column, which lists a wide range of food options, and the phone number and address of every restaurant. Click on the location to view the map, you will know the specific location of the restaurant and how far away it is.Entertainment centres, KTV, bars, shooting clubs, all of them have been listed as well. Boredom will never find you!Tnaot's updated online service is also very convenient. House rentals, job hunting, currency exchange, discounts, and medical services can all be found on Tnaot.3. Classified posts that give you massive exposure!Tnaot is an information platform that can generate mutual interaction amongst compatriots. You can easily post business offers, trades, job searches, sales, and business information on it, so you can make a deal quickly.No need to wait anymore. Just pick up your smartphone, scan the QR code and download Tnaot for free! Enjoy the great benefits right away.Tnaot will also be exhibiting at booths 12, 13, 38 and 37 at Realestate.com.kh’s Home & Lifestyle Expo 2019. Everyone is welcome to register for free for the expo.The Cambodia Home & Lifestyle Expo 2019 hosted by Realestate.com.kh will be held on April 26-27 at the International Convention and Exhibition Center on Diamond Island in Phnom Penh. Over 100 exhibitors and more than 10,000 visitors are expected.For more details, please scan the QR code and consult the customer representative.
Chief Tower Phnom Penh
An exclusive interview with Chief Tower's Dato’ Jack Yap and Mr Koy Le San
June 7, 2022, 4:58 a.m.
Earlier this month, ground was broken on an exciting new project in Phnom Penh. Chief Tower, set to be the tallest building in BKK1, will offer retail, office and hotel space. What’s more, the dazzling rooftop will feature the country’s first-ever cantilevered pool.Spearheaded by JS Property International, Chief Tower is a 158-metre masterpiece in the heart of the city. To learn more about this landmark structure, Realestate.com.kh sat down with Dato’ Jack Yap, managing director of JS Property, and Koy Le San, executive director of the company.They explained what kind of real estate will be on offer at Chief Tower, and gave us details of some of the projects most impressive features.What is the background of JS Property?JS Property International is a group of companies have been in Cambodia for more than 10 years. It operates as a a joint venture between JS & Partner and Chief Real Estate Development (Cambodia) Ltd. Both companies are locally incorporated with local and foreign partners from Cambodia, Malaysia and Hong Kong.Previous development projects have included condominiums, factories and hotels. The company is also involved in banking, retail and hospitality. The group’s primary mission is to deliver properties with unsurpassed quality. By adhering to the latest building technologies and design trends, we provide affordable homes and offices that are built to last.What sorts of properties will be in Chief Tower?Chief Tower will be a 40-storey business tower. It will host 25 floors of office space, 10 storeys of hotel facilities and five floors of retail space. Additionally there will be a sky-view meeting room, ballroom, gym, business lounge, and fully-automated underground carpark.Space at Chief Tower is primarily geared toward small- and medium-sized startup businesses. With its premium address, cutting edge facilities, integrated networking, and dynamic floor plan, Chief Tower is perfect for digital nomads, startup teams or corporate firms eager to take their businesses to the next level.Why was BKK1 chosen as the location for Chief Tower?BKK1 is the most premium address in the capital. It enjoys unparalleled connectivity to the rest of the city, the entire country, and the greater Asean region. Chief Tower is right off Monivong Blvd, which is a main artery of the city.Architecture and design are growing more important in Phnom Penh. How will Chief Tower stand out in the capital skyline?The architecture of Chief Tower embodies the spirit of innovation and transformative thinking. It’s mission is to become a business destination of Phnom Penh. The building is an extended metaphor for the entrepreneurial mindset – clear, straightforward, no frills while simultaneously being assertive, dynamic, passionately creative and humane.Chief Tower has some blockbuster features like the cantilevered pool and automated valet. Can you tell us more about these amenities?The premium business lounge is perfect for foreign or small businesses. Staff there can help arrange pick ups, translation, office facilities and more. The skyview rooms are also great for meetings.In the parking area we have an automated system that allows an efficient use of the space. This means there isn’t the hassle of having to move your car constantly.Lastly, everyone is excited about the cantilevered pool. It overhangs the building which means you’ll have full 360-degree views of the city while taking a refreshing dip. The experience is divine.Read the latest and greatest real estate news on realestate.com.kh today!
សុពលភាព​វិញ្ញាបនបត្រ​ សម្គាល់​អចលនទ្រព្យ​ទាំង ៦យ៉ាង ដែលអ្នកគួរតែដឹង
សុពលភាព​វិញ្ញាបនបត្រ​ សម្គាល់​អចលនទ្រព្យ​ទាំង ៦យ៉ាង ដែលអ្នកគួរតែដឹង
June 7, 2022, 3:21 a.m.
​វិញ្ញាបនបត្រ​សម្គាល់​អចលនទ្រព្យ​ ​ឬ​ប័ណ្ណ​សម្គាល់​អចលនវត្ថុ​មាន​សារៈសំខាន់​ណាស់​ដើម្បី​យក​មក​ប្រើប្រាស់​ជា​មូលដ្ឋាន​ច្បាប់​ ​និង​ប្រើប្រាស់​ជាឯក​សារ​ទិញ​លក់​ អចលនទ្រព្យ​នានា។ ខាងក្រោមនេះជាសុពលភាព​វិញ្ញាបនបត្រ​ សម្គាល់​អចលនទ្រព្យ​ទាំង៦យ៉ាងដែលអ្នកគួរតែដឹង។អានអត្ថបទទាក់ទងអំពី៖ និតិវិធីក្នុងការចុះបញ្ជីដីមានលក្ខណៈដាច់ដោយដុំ!១. ប័ណ្ណ​សម្គាល់​សិទ្ឋិ​កាន់កាប់​ប្រើប្រាស់​ដីធ្លី​ ​និង​ប្លង់​ស្លាបមាន់​​ប័ណ្ណ​នេះ​គឺជា​ប្លង់​បញ្ជាក់​ពី​ការ​កាន់កាប់​​ដែល​បាន​ផ្តល់​ឲ្យ​ប្រជាពលរដ្ឋ​ដំបូង​គេ​ ​ក្រោយពី​សម័យ​សង្រ្គាម​ ​បន្ទាប់ពី​ការ​ចេញ​នូវ​សេចក្តី​ណែនាំ​អនុវត្តន៍​លេខ០៣​សណន​​ចុះ​ថ្ងៃទី៣​ ​មិថុនា​ ​ឆ្នាំ១៩៨៩​។​ ​ប័ណ្ណ​នេះ​បាន​ចេញ​ឲ្យ​ប្រើប្រាស់​នៅចន្លោះ​ឆ្នាំ១៩៨៩​​ដល់​ឆ្នាំ១៩៩៣​ ​ដោយ​អាជ្ញា​ធ​រសូរិ​យោ​ដី​របស់​រដ្ឋកម្ពុជា​។​ ​ប័ណ្ណ​នេះ​ផង​ដែរ​គឺ​នៅ​មាន​សុ​ពលភាព​អាច​កាន់​កាប់​ប្រើប្រាស់​ ​ចាត់ចែង​ ​លក់ដូរ​ ​ផ្ទេរ​កម្ម​សិទ្ឋ​បាន​ស្របតាម​ច្បាប់​។២. វិញ្ញាបនបត្រ​សម្គាល់​ម្ចាស់​អចលនវត្ថុ​​ប្លង់​ឬ​ប័ណ្ណ​នេះ​គ៏​ជា​ប្លង់​បញ្ជា​ក់​ពី​សិទ្ឋ​កាន់កាប់​របស់​ម្ចាស់ដី​ធ្លី​ដែរ​ ​ហើយ​ប្លង់​នេះ​ភា​​គ​ច្រើន​គេ​ឃើញ​មាន​ប្រើប្រាស់​នៅក្នុង​ឆ្នាំ១៩៩២​ដោយ​អាជ្ញា​ធ​រសូរិ​យោ​ដី​របស់​រដ្ឋកម្ពុជា​ផង​ដែរ​។​ ​ប្លង់​ប្រភេទ​នេះ​មិនសូវ​ឃើញ​ប្រើប្រាស់​ទេ​ ​ហើយ​ប័ណ្ណ​នេះ​ជា​ប័ណ្ណ​មួយ​ប្រភេទ​​ប្លង់​ឬ​ប័ណ្ណ​នេះ​ដែរ​ ​វា​មាន​ចំណងជើង​ស្រដៀងគ្នា​នឹង​ប័ណ្ណ​ ​L​​Map​ ​ដែល​វា​ធ្វើឲ្យ​មានការ​ច្រឡំ​គ្នា​ ​ប្រសិនជា​យើង​មិនបាន​ឃើញ​រូបភាព​ ​ប៉ុន្តែ​វា​មាន​លក្ខណៈ​ខុសគ្នា​ពី​ប្លង់ L​​Map​ ​ព្រោះ​ប្លង់​នេះ​វា​មាន​ទម្រង់​ជា​ប័ណ្ណ​បញ្ជាក់​កម្មសិទ្ឋិ​កាប់​កាប់​តែប៉ុណ្ណោះ​។​៣. ​ប័ណ្ណ​សម្គាល់​សិទ្ឋិ​កាន់កាប់​អចលនវត្ថុ​ឬ​ប្លង់​ដាច់​ដោយ​ដុំ​​ប័ណ្ណ​សម្គាល់​សិទ្ឋ​កាន់កាប់​អចលនវត្ថុ​ ​ឬ​ប្លង់​ដាច់​ដោយ​ដុំ​គឺជា​ប័ណ្ណ​បញ្ជា​ក់​ពី​សិទ្ឋិ​កាន់កាប់​មួយ​ប្រភេទ​ដែល​ចេញ​ដោយ​មន្ទីរ​រៀបចំ​ដែនដី​នគរូបនីយកម្ម​ ​និង​សំណង់​រាជធានី​ ​ខេត្ត​។​ ​ប្លង់​នេះ​យើង​ឃើញ​ភាគច្រើនចេញ​ឲ្យ​ប្រើប្រាស់ពីឆ្នាំ១៩៩៨​មកដល់​បច្ចុប្បន្ន​។​ ​ប័ណ្ណ​ឬ​ប្លង់​រ៉ឹង​ប្រភេទ​នេះ​ ​វា​កើត​ចេញពី​ការ​ស្នើសុំ​ធ្វើ​ ​ដោយ​ម្ចាស់​កម្ម​សិទ្ឋ​ ឯកជន​ដោយឡែក​តែម្នាក់ឯង​ ​ដើម្បី​យក​ទៅ​ប្រើប្រាស់ ​តាម​គោល​បំណង​រៀង​ៗ​ខ្លួន​។​ ​សោហ៊ុយ​ឬ​ការ​ចំណាយ​ក្នុង​ការ​ធ្វើ​ប្លង់​នេះ​ ​ជា​បន្ទុក​របស់​ម្ចាស់​កម្ម​សិទ្ឋ​ឯកជន​។​៤. វិញ្ញាបនបត្រ​សម្គាល់​ម្ចាស់​ចំណែក​ឯកជន​ឬ​ប័ណ្ណ​កម្ម​សិទ្ឋ​រួម​​វិញ្ញាបនបត្រ​សម្គាល់​ម្ចាស់​ចំណែក​ឯកជន​ ​ឬ​ប័ណ្ណ​កម្ម​សិទ្ឋ​រួម​គឺជា​ប្រភេទ​ប័ណ្ណកម្ម​សិទ្ឋ​ថ្មី​មួយ​ ​ដែល​ចេញ​ឲ្យ​ប្រើប្រាស់​ក្នុង​ឆ្នាំ២០១០​រហូតមកដល់​បច្ចុប្បន្ន​នេះ​។​ ​ប័ណ្ណ​កម្ម​សិទ្ឋ​នេះ​គឺជា​ប្លង់​បញ្ជា​ក់​ ពី​សិទ្ឋ​កម្ម​សិទ្ឋ​លើ​ចំណែក​ ឯកជន​របស់​អ្នក​ស្នាក់នៅ​​លើ​អគារ​សហ​កម្ម​សិទ្ឋ​ (​ខុន​ដូ​)​។​ ​ប្លង់​នេះ​ជា​ទម្រង់​ថ្មី​មួយ​នៃ​កម្ម​សិទ្ឋ ​ហើយ​អនុញ្ញាត្ត​ឲ្យ​ជនបរទេស​កាន់កាប់​អចលនទ្រព្យ​ដោយ​ស្របច្បាប់នៅ​ប្រទេស​កម្ពុជា​បាន​ចាប់ពី​ជាន់ទី១ឡើង​ទៅ​។​៥. ​វិញ្ញាបនបត្រ​សម្គាល់​ម្ចាស់​អចលនវត្ថុ​ឬ​ប្លង់​រឹង​​វា​ជា​ប័ណ្ណ​កម្ម​សិទ្ឋ​ពេញលេញ​ ​ហើយ​មាន​ភាព​រ៉ឹង​មាំ​ផ្នែក​ផ្លូវច្បាប់​ ជា​ប័ណ្ណ​ផ្សេងទៀត​ទាំងអស់​ ​និង​ជា​ប័ណ្ណ​កម្ម​សិទ្ឋ​ដែល​ផ្តល់​ដោយ​មន្ទីរ​រៀបចំ​ដែនដី​នគរូបនីយកម្ម​ ​និង​សំណង់​រាជធានី​ ​ខេត្ត​ ​ដែល​ផ្តល់​ឲ្យ​ប្រជាពលរដ្ឋ​ទាំងអស់​​ស្របតាម​គោ​លនុ​បាយ​របស់​រដ្ឋាភិបាល​។​ ​ប័ណ្ណ​ឬ​ប្លង់​នេះ​ ​វា​ជា​ប័ណ្ណ​ដែលចេញ​ឲ្យ​ប្រើប្រាស់​ចុងក្រោយ​គេ​បង្អស់​ ​និង​ទំនើប​ជាងគេ​។​៦. ​វិញ្ញាបនបត្រ​សម្គាល់​អចលនវត្ថុ​មាន​ភ្ជាប់​ ​Q​ ​Code​​នៅ​ថ្ងៃទី១​ ​មករា​ ​ឆ្នាំ២០១៩ខាងមុខ​ ​រដ្ឋាភិបាល​តាមរយៈ ​ក្រសួង​រៀបចំ​ដែនដី​ នគរូបនីយកម្ម​ ​និង​សំណង់ ​នឹង​ចេញ​វិញ្ញាបនបត្រ​សម្គាល់​អចលនវត្ថុ​ថ្មី​មួយទៀត​ ​ដែល​មាន​ដាក់បញ្ចូល​ ​Q​ ​Code​ ​នៅ​លើ​សន្លឹក​ប័ណ្ណ​ជំនួស​ប្លង់​កម្ម​សិទ្ឋ​ចាស់​ទាំងអស់​ ​ដែល​បាន​ចេញ​ជាច្រើន​ដំណាក់កាល​នា​ពេល​កន្លងមក ​។​ប្រភពពី៖ propertyarea.asiaស្វែងរកព័ត៌មានទាក់ទងនឹងការអភិវឌ្ឍន៍ ឬអចលនទ្រព្យសម្រាប់ជួល ឬលក់សូមចូលទៅកាន់ Realestate.com.kh!
Cambodia FDD Real Estate
Cambodia FDD Real Estate: A trusted partner to help you land a worry-free investment
June 6, 2022, 5:02 p.m.
As global investment patterns are changing, Southeast Asia is becoming a new hotspot. Cambodia is a rapidly-growing area with tons of potential and a booming real estate sector. Many investors are keen to seize on the opportunity presented. However, many are unfamiliar with the environment, policies, and regulations in the Kingdom.In fact, it is often best to have an expert consultant run you through the process so that you can close a deal safely and smoothly. This can be for anything from research to house or land buying, leasing or buying. A reliable real estate agent can take you straight through the deal and do much of the work for you.Cambodia FDD Real Estate Co., Ltd. is a professional real estate agency, whose vast well of information can quickly guide you to the ideal situation, bring you a clearer understanding of the real estate market, and save you a lot of time and money. Furthermore, their one-stop services covering property searches, valuation, law, contracts and transactions can assure you of a clear process to achieve your goals.Cambodia FDD Real Estate Co., Ltd., established in 2018, is a real estate transaction service agency focusing on housing sales or resales, and land sales in Cambodia. The company has a competitive data platform of local listings and leads, which is backed up by a team providing precisive data maintenance and technical analysis. The company has been satisfying its clients with authenticity, precision and the high efficiency of their unparalleled, multi-dimensional services.Areas of expertise:New residencesHouse re-sales or rentalsShophouses and office sales or rentalsLand salesReal estate assessmentsHow valuable is your real estate?At present, many overseas real estate investment activities have been flooding into Cambodia. The potential for appreciation on both land and residences is quite high. It is these high returns that are bringing in even more interest.If you have your own property in Cambodia, you need a professional and well-acknowledged agency that can make a comprehensive assessment. FDD Real Estate can utilise proper measurements to your property valuation and determine its real value.It’s easy to sublet or resell a houseIf you want to sublet or resell a property you first need to find a good way to connect with potential buyers. If you just rely on your social circle, it will go slowly and aimlessly. FDD Real Estate is cooperating with Tnaot app, which is a platform dedicated to data information in Cambodia, and the most prestigious real estate portal, Realestate.com.kh, to effectively disseminate information and effectively communicate between sellers and buyers.Second, there are a ton of formalities and procedures to go through when you want to sublet a house. You have to deal with government agencies, have forms notarised, meet with banks and lawyers and communicate with renters. The process can be a major headache if you’re doing it yourself.FDD Real Estate has plenty of local market experience, and a professional team offering efficient and accurate help to address every step of the process. Everything from the listings to the client service, we are there for you. FDD allows you to keep peace in mind!How do you avoid the risks of land trading?The creation of large-scale infrastructures such as railways, highways, and new airports has been pushing the land prices up. News of land prices rising in cities such as Phnom Penh, Siem Reap, Sihanoukville, Kampot, and Poipet have frequently hit international headlines. In turn, land has become the most popular form of investment in the Kingdom.Land prices have risen dramatically. But unfortunately, there are still many risks involved in land transactions in the country. These include land disputes, invalid documents or even outright scams. A reliable agency like FDD can help you avoid these risks.FDD Real Estate will analyse the market according to your needs. We will help you by providing all the information you need and match you will the best buyers and sellers. Needless to say, risks that may exist can be effectively removed.What makes FDD Real Estate Co., Ltd. competitive and trustworthy? FDD has the advantage of:1. A localised professional team2. A powerful information platform3. An established roster of high-profile clients4. A reputation for providing our customers with the best serviceWith these aces in hand, FDD Real Estate plans to become the largest real estate agency in Cambodia within three years. In the future, FDD in Cambodia will follow the trend of China's “Belt and Road” and “21st Century Maritime Silk Road” and endeavour to become the first-choice brand for Cambodians and foreigners who want to invest in property!To hear more about FDD, please come to meet us at the Cambodia Home & Lifestyle Expo 2019. This event will be hosted by Realestate.com.kh on April 26-27 at the Diamond Island International Convention and Exhibition Center in Phnom Penh. Attended by over 100 exhibitors and over 10,000 visitors, this will be one of the biggest events of the year.Cambodia FDD Real Estate Co., Ltd. will be there at booths 20 and 21. Come say hello and hear about what we are offering.Free registration to the exhibition is open to everyone. Visit Realestate.com.kh to register for free and even enter to win amazing prizes.
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OneDaPay: fastest way to change RMB to USD in Cambodia
OneDaPay: fastest way to change RMB to USD in Cambodia
June 7, 2022, 12:11 a.m.
Currency exchange is necessary for both expats and regular visitors to Cambodia. For Chinese expats, switching between USD and RMB will be a big deal. There are three major factors to consider when exchanging currencies:SafetySpeedExchange rateOneDaPay is a new smart payment platform trusted by Chinese people in the Kingdom. Both online and offline, the platform provides solutions to payment and reimbursement, money transfers and even financial management. It will be your go-to app for money.OneDaPay app includes:Currency exchangeBill pay, send and receiving moneyCredit card paymentsMobile phone topupUtilities paymentProfessional financial servicesDesigned in both Chinese and English, OneDaPay is practical for users of all nationalities.Let’s dive into the details.SafetySafety must come first when it comes to money. OneDaPay has a good reputation among Chinese in Cambodia. This reliable service platform has been widely accepted and trusted.SpeedThere are no limits the amount you can exchange through OneDaPay. Bank card transfers are completed within two to 24 hours. If you need money urgently, you can choose the shortest time frame to get it done fast.Fair exchange rateThe app gives you up-to-date rates when exchanging USD to RMB. You can also monitor the rate in real time so that you can choose a time that gives you the best deal for your money.Credit card repaymentThat's right. OneDaPay also support an one-click credit card repayment. What you need to do is to register a credit card number, and then you can make repayment simple and fast.Mobile phone creditThere’s no need to get frustrated when buying phone credit or paying your utility bills. With OneDaPay, you can do everything with one simple click.Financial servicesThis app brings can bring you some extra income, even while you are asleep. There is a deposit service that offers a good interest rate, and also gives you access to savings plans.ExtrasIn addition to the above services, OneDaPay will be soon providing logistics, offline errands and other convenience services, to make your life in Cambodia more joyful.One step to go, download for free. Try it out now!To hear more about this amazing app make sure you come to the Home & Lifestyle Expo 2019.The Cambodia Home & Lifestyle Expo 2019 hosted by Realestate.com.kh will be held on April 26-27 at Koh Pich Exhibition Center. Over 100 exhibitors and more than 10,000 visitors are expected.OneDaPay APP will also be displayed on the show at booths 161, 35 and 36.Register for free express entry hereAlso, make sure you RSVP on Facebook to hear about all the event promotions and updates.
Home & Lifestyle Expo 2019
DJ Nana’s advice: Come to Home & Lifestyle Expo
June 6, 2022, 5:02 p.m.
The whole story started when she was working for a German NGO and studying part time. On a whim, Sovathana Neang started a counselling radio show. She gave out advice to callers on everything from sex to money. Now, almost a decade later, she’s known as DJ Nana. Tons of young Cambodians look up to her like an auntie. They ask for her blunt opinion on almost everything. She is a strong woman who says it like it is. Here at Realestate.com.kh, we are inspired by DJ Nana’s message. In fact, we have a similar mission. We want to help educate Cambodians about real estate. We want to help them find the property of their dreams. Whether it’s their first home, a plot of land or a condo, we’re here to help.So we’re extremely excited to announce that DJ Nana is the official spokesperson for the Home & Lifestyle Expo 2019. The event is going on at Koh Pich Exhibition Center on April 26 and 27. DJ Nana will be there, will you? Read further to hear about prizes, promotions and more. Making life decisionsBut wait, isn’t Realestate.com.kh just about buying property? Yes, but we’re much more than that, too. Just like DJ Nana is here to give you advice on life and love, we want to give you advice about real estate. That’s why there will be more at the show to fulfill your lifestyle. Think cars, furniture and much more. The biggest names in Cambodia are already on the bill. CC Peninsula Co., LTD, CEO KT Pacific, Tnaot App, La Vista One, Angkor 4 Season Hotel, V-House, Borey VIP, 7 Residence, PH Real Estate, LCJ - H.Y.O (Cambodia) International Real Estate Company Limited, Prince Real Estate, Arata Garden Residences, The Sanctuary City, Vista Condo, Prime One, The National Coast, Booyoung Town, Urban Village, Arakawa Residence, Seara Sports Systems, Prestige Homes Cambodia, The Parkway, Singapore (Cambodia) International Academy, Cheif Tower, JS Property International Co., LTD, The Pure Bay Peninsula Garden, Wufu Center Of Sihanouk, OC Consultancy Services, Oympia City, E-Now international Co.,Ltd, Pointer Property, Oneda Asian Investment Group Co.,Ltd, China Pacific E&G Investment Co.,Ltd, E-Gets, Open House, Capital Loan, Romduol City, Lucky Real Estate Co., Ltd, Gold Zone Media, Chun Hui Yuan, KH Land, BCCI International, Borey The Flora, Prince Golden Bay, FDD Real Estate, Baoli (Cambodia) Real Estate Co Ltd, Master Star Land Property, Heng He Group, Ruiting, Ecoflo, and CVEA are all set to join. If you want to see your name on this list, contact us today and get a booth. Here’s what you’ll see at the show:Prizes and lucky drawsMassive promotions on everythingFun games and demosIf you love shopping for deals, this show is for you. Every exhibitor will be offering limited-time promotions on everything. It’s a no-brainer, really. You’ll get to see all of the best deals of the year under one roof. And when people hear how little you paid, they will regret not coming.Don’t let this opportunity passOh, and did we mention that this show is completely FREE! There will be prizes, goodies, expert seminars, and so much more. You know what DJ Nana would say: “Don’t waste this chance!”Make 2019 your best year yet. Come to the Home & Lifestyle Expo 2019 on April 26 and 27. Signing up is simple. Just follow this link to get FREE EXPRESS ENTRY.You can also sign up through Facebook Messenger. That way you will get instant updates about tons of exclusive prizes, discounts and more. Here's how you do it:Open Facebook Messenger and click on your picture in the top left corner.Click on your profile picture, then select "Scan Code" at the topScan this code:Then just select the event registration icon, enter your details and you'll be on our VIP list!You can also use the chat to do almost anything from searching properties to making listingsAnd, of course, don't forget to RSVP on the Facebook event page. Show the love!
Angkor 4 Season
Angkor 4 Season a great opportunity for a holiday home in Siem Reap
June 6, 2022, 5:02 p.m.
Siem Reap is Cambodia's most famous tourist city. There are many tourist attractions in the area enticing flocks of visitors every year, such as Angkor Wat, which has been rated as one of the world's best landmarks for five years. There’s also the floating village of Vietnam, the mysterious floating family, and the sleepy lion of Phnom Kulen.According to recent data out of Siem Reap, more than 2.59 million foreign tourists visited Angkor Wat in 2018. Chinese tourists accounted for 43.37% of the total, up to more than 1.1 million.Siem Reap aims to attract two million Chinese tourists by 2020. Plans are afoot for a new $880 million international airport. The government has also spearheaded measures to bring in services especially for Chinese tourists such as RMB payment methods and online systems like WeChat and Alipay.While tourism continues to surge, the demand for hospitality in Siem Reap has been swelling. However, accommodation supply is still lagging behind demand of the six million yearly visitors. At present, there are only about 80 five-star hotels in the region.In the long term, Siem Reap needs more hotels and guesthouses to catch up with the demand generated by a growing tourism market. This means that investment prospects of hotel rooms are promising.The Angkor 4 Season Hotel constructed by Cambodian developer Yuan Sheng Shi Ye Co, Ltd, is one of the most noteworthy investment projects in the downtown area of Siem Reap. The Angkor 4 Season Hotel is only a five-minute drive from Siem Reap’s famous tourist hubs, namely Pub Street and the Night Market. The project covers an area of ​​1,495 square metres and is 22.4 metres high. It hosts 108 rooms across six storeys, all of which are well decorated and fully furnished.Key advantages:A four-star hotel property that comes with a stable return and appreciationA 10-year charter with 6% net inflows per yearRepurchase guaranteed by the developer with 2% increases per yearMortgage available up to 50%Turn-key home with grace decoration and quality furnitureEight days of free stays per year, a VIP discount of 7% for extra staysProperty services come free of charge during the charter periodAngkor 4 Season Hotel has a unique appearance that is eye catching and emulates the rich character of Southeast Asia. There’s a beautiful lotus pond and coconut trees that give shade and a breezy relaxing atmosphere. The three blocks of the building that stand in a U-pattern are adjacent to one another. Their large windows along the hallways on each level bring more transparency and brightness to the building. There is a swimming pool in the centre with lounge chairs and tables where you can take a dip or chill under an umbrella.Angkor 4 Season Hotel is divided into blocks A, B and C, each with different floor plans. The units in Block A all face south, they range from 37.28 sqm to 37.40 sqm, and have good views of the pool. Block B has bigger units, and they overlook the pool and the garden and have great views of Siem Reap. Block C is similar to Block A, but with more variety of available units.As far as good accommodation is concerned, the Angkor 4 Season Hotel will definitely provide a full package of facilities to residents, including a spacious reception hall, coffee bar, swimming pool, and gymnasium. Visitors to the Angkor 4 Season Hotel are promised a pleasant experience. Everything is within reach. Meanwhile, a high occupancy rate will be expected.Let’s take a good look at the facilities now.Reception hallThe spacious reception hall allows visitors to receive a warm feeling of luxury the moment they step into the hotel, and they can take beautiful pictures at every corner thanks to its elegant design in a tranquil atmosphere perfectly matching the holiday feel.RestaurantA pleasant journey should be accompanied by gourmet cuisine. The hotel's restaurant will prepare a range of specialties for visitors. All dishes are paired expertly with a glass of good wine.Swimming poolDipping in a pool is undeniably refreshing after a day trip around Siem Reap. It’s also the perfect place to sunbathe in the fresh air and enjoy a relaxing time.Amenities aroundLocated on National Road 7, the Angkor 4 Season Hotel is surrounded by restaurants, banks, and schools. The tourist attractions in Siem Reap are easily accessible from here.It is one km from Siem Reap International Airport, which is just 20 minutes by car; 5.5 km  or 13 minutes from Angkor Wat and only a five-minute drive from Pub Street and Old Market. A duty-free shop is just 800 metres away and can be reached on foot.To learn more about Angkor 4 Season Hotel, come talk with us at the Cambodia Home & Lifestyle Expo 2019 hosted by Realestate.com.kh. The event will be held on April 26-27 at the Diamond Island International Convention and Exhibition Center in Phnom Penh.The Angkor 4 Season Hotel will be at booths 18 and 19. In addition to this project in Siem Reap, visitors will get a sneak peak at a large-scale resort project in the province of Mondulkiri.Mondulkiri is the largest province in Cambodia with dense forests, rich natural landscapes, and spectacular waterfalls. It is one of the most popular tourist provinces in Cambodia and the holiday residence project is yet to be developed.Pay a visit to the Home & Life Expo 2019 if you are interested! Free registration is open now at Realestate.com.kh.
Seaside resort apartment debut announcement of 17% of annual rental rate, the highest investment return in Cambodia
Seaside resort apartment debut announcement of 17% of annual rental rate, the highest investment return in Cambodia
June 6, 2022, 5:02 p.m.
Where there is a flux of hot money, there is the big hunter for property investment, Charles Xue, who is a Chinese-American entrepreneur and angel investor, better known by his screen name Xue Manzi. He has purchased tens of thousands of acres of land in Sihanoukville of Cambodia, and been initiating a plan to set up a community of holiday-home. Recently, an announcement of his Fund claimed that it will cooperate with Goddess Of Liberty Group Of Cambodia to establish the first angel investment fund focused on the Cambodian market, the China-Cambodia Manzi Fund, which is directly led by Mr.Xue. What is the charm of Sihanoukville that attracted such a big shot on investment? (Mr.Xue, the senior in the middle, visits Goddess Of Liberty Group Of Cambodia) In Mr.Xue’s own words, “I have traveled almost all over Southeast Asia in three years, including Japan, Cambodia, Thailand and Vietnam. After comparison, we realized that Cambodia’s GDP has grown by more than 7% for many years. Not only in Southeast Asia, it is extremely rare even worldwide. And our most optimistic expectation has focused on the Sihanoukville of Cambodia, which has a huge demand that has not yet been met and all the investment advantages we can foresee."  Sihanoukville, located on the southwestern coastline of Cambodia, is the largest seaport in the country, whose cargo throughput accounts more than 70% of the country. It is currently the only special economic zone in Cambodia and a bridgehead for China's “Belt and Road”. This coastal city is one of the most popular tourist destination of the Kingdom, thanks to its beaches of white sand and crystal-like water. Certainly, its unabated popularity of the tourism industry has increased apartment demand of Sihanoukville that greatly dwarfs the shorter supply. Therefore, house prices continue to soar. In addition, the thriving gaming industry and casinos have also created more investment opportunities in the city. Now here comes the Seaside resort apartment·Hebei Finance Centre by Goddess Of Liberty Group Of Cambodia, offering the highest annual rental income in Cambodia, a return rate up to 17%!  Seaside resort apartment·Hebei Finance Centre by the Goddess Of Liberty Group Of Cambodia, is a Five-star plus luxury hotel apartment including luxury casinos, entertainment centers, stylish restaurants, sky swimming pools, high-end gyms and duty-free shops. The project is located alongside the Victory Beach in Sihanoukville, where the waterfront stretches for 100 meters with pure of white sand, overseeing the clear water and rich hue of sunset.  Victory Beach is regarded as one of the ten most beautiful beaches in the world by the United Nations. There is no off-season in this place that it attracts a lot of Chinese sea-lovers to come and enjoy the leisureliness all the year. What’s the potential of this project?  Location Seaside resort apartment·Hebei Finance Centre by the Goddess Of Liberty Group Of Cambodia is located in the heart of Sihanoukville, which is also the hub of city transportation, tourism, cargo business and administration. And it is believed to become one of the most important landmarks in Sihanoukville.  The project is sitting by the intersection of National Highway No.4 and Huanhai Avenue, with convenient access to travel around the city or in and out. National Highway No.4 is one of the most important roads in Sihanoukville. The Phnom Penh-Sihanoukville Expressway, which has already started to construct, is running along Highway 4. And the circle of the Seaside Avenue connects to different parts of the city.    Staying at the Seaside resort, just 200 meters west to the Victory Pier, means that you can easily sail out to enjoy a time of serenity on board.  While it is 500 meters to the south of Sihanoukville Autonomous Port and 300 meters to the north of Provincial building, the residence is close to commodity trading and logistics companies or government agencies. Facilities Seaside resort apartment·Hebei Finance Centre by the Goddess Of Liberty Group Of Cambodia combines tourism, dining, shopping, leisure and administrative functions. It is close to Victory Beach, Independence Park, Provincial Government, National Treasury, Japanese restaurant, Bo Kee Restaurant, Victory Pier, Fisherman's Wharf, ABA Bank, gas station, Garage Bar, Night Market, Seafood Market and so on. And many more facilities for living are just 500 meters away!  At the same time, the residence is a home to a series of facilities including luxury shopping mall, entertainment center, stylish restaurants, sky swimming pool, high-end gym and duty-free shops and other business venues, provides quality services to create an exclusive social and business integrated lifestyle for their elites.  Details of the developmentDeveloper: Goddess Of Liberty Group Of CambodiaProject address: Eklahoma Street, Victory Beach, Sihanoukville, CambodiaTotal project construction: 93,769 sqm, includes 76,227 sqm for sale and 15,525 sqm of commercial areaNumber of apartments: 1619 units, of which net area rate is 77.5%Decoration: exquisite decorated areas ranging 30-70 sqmProperty service fee: $1/sqmArchitectural style: modern simplism styleBuilding block 1: 22-storey and 85-meter, Floor 1-4 are commercial, Floor 5-21 are 544 apartments in total, with 32 units on each floorBuilding block 2: 29-storey and 98-meter, Floor 1-4 are commercial, Floor 5-29 are apartments in a total of 1075 units, with 43 units on each floor Two of blocks of the building will host 1,619 units of Five-star plus hotel-apartments exquisitely decorated and installed with a grand size of windpane in 2.2m * 3.6m, which introduces an ultimate panorama of seascape.The apartment is equipped with an all-angle, high-end and smart indoor alarm system for anti-intrusion and face-recognition security system at entrance to ensure the privacy and safety for every occupant. More than this, the rooms of each apartment also have smart air-conditioning system to temper your indoor climate that creates breezy and comfortable experiences days and nights at your Five-star hotel-home.Seaside resort chooses the international high-end agent to provide 24-hour intimate butler service, dedicated to the concept of “the strongest privacy, the highest security and the best management”. Highlights of this development Strata titles to this property are able to be inherited by the descendants, and the properties can be bought by a foreigner. Non inheritance tax.Annual rental income can be as high as 17%  Charter of lease in minimal term of 10 years on annual rental yield is between 12-17%.  Delivered in fully decoration, worry-free for procurement or decoration, is a big saving on time and efforts.  Five-star hotel apartment operations and services provide property owners with one-stop housekeeping, escrow and finance settlement.  Owning a property in Cambodia means you are having an asset in US dollar. Because Cambodia is the only dollar-denominated country in Southeast Asia so far, with no foreign exchange controls or exchange risk but stable currency system.  On the other hand, Cambodia is a Non-CRS member states, known as “Little Switzerland in the East”, seems a safe haven oversea for high net worth individuals.  Only once in a lifetime In the coming future, a new development occupied an excellent seascape will be impossible when the Cambodian government has stopped approving constructions within 100 meters from the coastline as an implementation of Cambodian national tourism new strategy. Seaside resort apartment·Hebei Finance Centre is definitely a germ of investment in Sihanoukville. As a shining pearl in Cambodia, the development of Sihanoukville is limitless. With long and beautiful beach of white sand short in reach, Seaside resort apartment·Hebei Finance Centre is taking in all of the possibilities to become a investment with stable, fast and highly rewards, the best investment in Southeast Asia! Seaside resort apartment·Hebei Finance Centre by the Goddess Of Liberty Group Of Cambodia is offering all that an investor would want:Stunning seaside apartment small investment in about 90,000 usd with permanent ownership but coming with a big return up to annual rate of 17%. If you found useful information in these reports you'll love our Investment Guide 2019. It runs through nearly every topic and every sector in Cambodia.
Top 10 reasons to own a condo Cambodia
Top 10 reasons to own a condo in Cambodia
June 7, 2022, 3:35 a.m.
According to the latest report by CBRE Cambodia, as of Q4 2019, there are 17,995 condo units in Phnom Penh, a 27% increase from the same period in 2018 where there were 57 completed projects, offering 14,170 units.Condominiums are still new to Cambodia. Yet they are becoming an integral part of the real estate sector. For now, Boreys seem to be the most demanded form of housing among locals.1. Saving time for productivityLiving in a condominium can help save time for working professionals. Commutes are shorter if you live closer to where you work. Cambodia’s population is rapidly urbanising, especially those between the age of 25 and 40. These people want to improve their careers and build businesses. Being in the city helps them achieve these goals.2. Less houseworkCondos are relatively small compared to villas and standalone houses. There are no courtyards or driveways to take care of. This means residents spend less time cleaning and maintaining their homes. Furthermore, many condos offer cleaning services and utilities. Fewer hassles mean more time for yourself or your pursuits.3. More amenitiesCondominiums offer more luxuries than other home types. Having a gym, pool and meeting room right in your building means you don’t have to travel as much. Plus, most also feature advanced safety features like CCTV and security staff. This means you have fewer things to manage while still retaining peace of mind.4. A sense of communityNeighbours can help you when you accidentally get locked out of your condo. Or maybe they become friends and you take turns hosting weekend barbecues. Condo buildings give you a chance to connect with other people who live in the same community.5. Facilities at your fingertipsCondominiums are often built in the CBD of a city. This means residents have access to everything the urban area has to offer. They can get there quickly, too. In Phnom Penh and Sihanoukville, central condos have access to tons of schools, hospitals, government offices, markets, restaurants, banks and much more.6. Buying a condo more beneficial than renting a luxury homeFor the same level of luxury, it can be better in the long run to buy a condo than renting a home. Monthly payments will be similar, but with the condo you will get future returns. For example, if you rent a twin villa, you have to spend between $1,500 and $2,000 a month. Mortgages on condos, on the other hand, can be found for under $1,000 per month.7. Return on investmentCondominiums can offer profits in two different ways. First, they simply appreciate in value as the years go by. Maybe you will choose to live there for 10 or 20 years. When you decide to sell you will get more than you paid. Secondly, you can lease the condo out instead of living there. Rental rates in Cambodia’s cities can range from $500 to $2,500. This means you can start getting returns of around 8% and 10% per year.8. Little maintenanceCondominiums do not require constant repairs. They are small and maintenance is usually covered, at least in part, by the building management.9. Low starting priceCondos are relatively affordable compared to landed properties. Indeed, in Cambodia, they are much cheaper than in other areas of Asia. Many condo units for sale in Phnom Penh sell for just around $60,000 per unit. It is a bit higher for units within the vicinity of the city’s CBD such as Chamkarmon district, on average a starting price is 100k for a one-bedroom unit.10. FlexibilityOverall, a condo offers more flexibility than landed property. The buying process is quicker and there are many choices and price points. Though boreys are growing in popularity in the outer regions and suburbs, although condos will soon dominate the city’s streets. Stay up-to-date on the real estate industry in Cambodia and get real-time updates on real estate news as they happen. Download the Realestate.com.kh App now!Article by:
TCC, A Grand Mine of Wealth
TCC, A Grand Mine of Wealth
June 6, 2022, 5:02 p.m.
Property Reviews
A commercial space for only $6500?It sounds too good to be true!With a total investment of over $130 million, the largest international trade centre in Cambodia is coming.Beng Salang village in Russey Keo District, Phnom Penh City, was once the inland container depot (ICD) of the Autonomous Port of Phnom Penh. In 2013, ICD was relocated to Kandal province. Subsequently, Yunnan Shengmao Investment Co., Ltd. seized the strategic opportunity and drew up a blueprint for a largest global commodity wholesale centre that sits on the soil in Beng Salang village, which also will be built as the largest entertainment and shopping centre in the Kingdom.The project is a key development under a co-operation between Cambodia and China. This coincides“One Belt, One Road” initiative. It will be a commercial landmark hosting over 10,000 businesses and more than 100,000 kinds of products!A new attraction hits the limelightThe Royal Palace of Cambodia is perched right on the confluence of the Mekong and Tonle Sap rivers. It is the ultimate presentation of Khmer culture and draws countless tourist each year. The Triumph Commercial Centre will take inspiration from features of the palace. It will blend tradition with modernity.Construction will occur on a 22,000 square metre plot of land. National Highway 5 is to the west and Highway 36 is to the south. TCC will sit at the axis of Cambodia’s global businesses. TCC will be the largest international commodity wholesale trade centre in CambodiaThe Phnom Penh Autonomous Port is one of the two ports in Cambodia. It yielded a net profit of $7.35 million in 2018, an increase of 36% year-on-year.Supported by advantages of the Phnom Penh Autonomous Port, the wholesale trade centre of TCC will introduce 10 business sections, attract 10,000 world brand, host over a million categories of products, and more than 100 million traders per year. This place will exist on a massive scale.Meanwhile, the developer of TCC is determined to create a safe, convenient, smooth and comfortable environment for traders, by adopting a secure surveillance system and a professional security team. The layout of the centre creates convenience via individual paths either for cargo handling and car parks or access for visitors. This modern trade centre will be managed with tech and highly efficient manpower, to ensure its unlimited prospects.The largest tourist and entertainment centre in CambodiaPhnom Penh City has been growing more prosperous and stronger under vigorous development. It has attracted business elites from all over the world. Russey Keo district was once an inconspicuous area. It is now hot for its profound potential and good opportunities for investment.The second phase of the TCC Triumph Commercial Centre is built to satisfy the need of modern urban life. It will include a culture museum, science and technology museum, children's amusement parks, sports plazas, a 2,000-metre Star-avenue, commercial pedestrian streets, pub streets, gourmet corridors, as well as high-end apartments and office buildings, five-star hotels, and more. This mega-complex will surely become the most popular tourist and entertainment centre of Cambodia.Invest in Unicom Global trade centre of CambodiaThe opportunity to be a part of this project is a once-in-a-lifetime chance. The TCC Triumph Commercial Centre is now up for sale. It is incredible that the smallest units of this project cost only $6,500, and comes with great potential, which is a boon for commercial property buyers.What is even better is that the One Belt One Road Business Support Fund by TCC provides a total of $200 million to enterprises or individuals to set up businesses at TCC. The fund will grant up to $20,000 per unit to outstanding businesses.This means that now you, a smart businessman, need only to invest a small amount of money to share the great advantages offered by TCC, and to fulfill your dreams. The offers from the fund will be closed, as soon as the number of applications reaches the maximum.Do not wait or hesitate. Grab the key to a place of treasure now! (Website: http://www.oiisc.com/)The Cambodia Home & Lifestyle Expo 2019 hosted by Realestate.com.kh will be held on April 26-27 at the International Convention and Exhibition Center on Diamond Island in Phnom Penh. Over 100 exhibitors and more than 10,000 visitors are expected to attend!OC CONSULTANCY SERVICES, a direct holding company of Overseas Investment Immigration Service Centre (Hongkong), has associated with TCC to be exhibiting at booths 63, 64, 77 and 78 at the expo.Free entry for everyone!For more details, please scan the QR code and consult the customer representative.
asian enclaves in Phnom Penh
Little Tokyo, Taipei, Manila and Seoul: Asian enclaves in Phnom Penh
June 7, 2022, 4:44 a.m.
Phnom Penh is still a small city by global standards. Current estimates put the city population at around two million. Compare that to over eight million for both Bangkok in Thailand and Ho Chi Minh City, just down the road in Vietnam. But those on the ground will tell you that Cambodia’s capital is somewhat of a hub for regional migration. Many speculate that this is because the visa process is simple, the economy is growing, and daily life is super affordable.Certain areas of the capital are emerging as enclaves within the city. Realestate.com.kh wants to give you a handy guide to these areas, and outline what housing in the area looks like.So, here’s your guide to Little Tokyo, Little Seoul, Little Manila and Little Taipei in Phnom Penh:Little TokyoThis isn’t so much a single area as a single road. Simply start at the intersection of st 63 and st 466 just south of Mao Tse Tung and head north. You’ll see Japanese restaurants aplenty on either side of 63.The restaurants have actually spread out through BKK1 in recent years. They were once all concentrated near the Japanese embassy, however. Luckily, you can find great Japanese food here in every price range. If you want to spend a little more try Katanashi or Green Bowl. When looking for a quick noodle fix you can’t go wrong with Murugame.Yuko, a Japanese expat who lived in the capital's BKK1, said Japanese restaurants were great if she wanted a little taste of home."The prices are quite fair so many of my colleagues also liked to go there, especially if they lived by themselves," she said, adding that her favourite places in the capital were Wako, Shangrila and Garaku.Living here can mean anything from finding a shophouse for rent in BKK1 to a serviced apartment for rent in BKK1. A quick way to get started would be to start looking at real estate for rent in BKK1. Little ManilaOne of the biggest Asian expat populations in Cambodia is Filipinos. Many find opportunities here teaching English or working for regional companies. It’s no surprise that a few restaurants have popped up to satisfy their taste for home. Most of these places are clustered around the Toul Tum Poung (Russian Market) area. Michael John M. Gonzales, the owner of the restaurant Mang Miguel Kainan, said the majority of his customers are Filipino expats. However, other expats also make up a larger part of their base. “We’ve been running the restaurant since 2016. Initially, we chose this area because it is a well-known tourist spot. Over time we’ve seen it become more of an expat area because of its convenient location, and a great place to live,” he said.Indeed, this area is known for diverse food offerings and it one of the most popular for expats. Housing options here are mainly shophouses for rent in Toul Tum Poung and apartments for rent in Toul Tum Poung. Read our profile of Toul Tum Poung to learn more about the neighbourhood. Also, find out what you should be paying in our expat rental guide to Phnom Penh.Little SeoulInterestingly, Toul Kork has been deemed the Korean enclave in Phnom Penh. North of Russian Blvd there is a smattering of restaurants serving up Korean fare. These include Dae Jang Geum, Heng Heng, Goong BBQ and Hwaro. Interestingly, Korean food may be the cuisine that has gotten the most traction with Cambodians. Some speculate that this could be due to the popularity of Korean pop music, television and movies that are popular among Khmer youth. In 2017 Phnom Penh even hosted a massive concert on Koh Pich Island given by CL, a Korean singer.Commenting on Korean food in Phnom Penh, local expat Jihye Kim claimed that it varies a lot in terms of price and quality.“Authentic Korean food is pretty expensive here. And the more affordable restaurants are catered more for local tastes,” she said. However, she noted that Heng Heng, in Toul Kork, was one of her favourites and quite affordable."When I first walked in there, BAM, I was back in my grandma's kitchen."The fact that Korean restaurants have taken off in Toul Kork is a testament to the district’s status as a residential area for affluent families. As the middle class grows, more people want to live in quiet, secure areas which are still close to the city.To dive further into this quickly growing area, watch our video about real estate in Toul Kork. Despite being more attractive to local families, there are still plenty of options for expats there. In fact, apartments for rent in Toul Kork, condos for rent in Toul Kork, and even villas for rent in Toul Kork can be found quite easily. Overall, rentals in Toul Kork are more affordable than those closer to the centre of town. Little TaipeiThere are tons of Chinese restaurants in the city. If you’re looking for hand-pulled noodles, dumplings or dim sum, there are many places you can find it. If you want a taste of Taiwan without getting on a plane, however, just head to street 225.Just south of Russian Blvd there a stretch of Taiwanese establishments serving up everything from radish cakes and beef noodles to scallion pancakes. Big names are Qian Chao and Lo Kang Seav Chen, or Taiwan FamilyMart if you need groceries.Just like Little Seoul, this area is in Toul Kork district, albeit the more central part. Rent here is usually significantly cheaper than in areas closer to the CBD. Read our Toul Kork guide to see what you should be paying. Apartments for rent in Toul Kork can start at around $300 per month, serviced places like condos for rent in Toul Kork can be found for as little as $700, and villas for rent in Toul Kork start at around $500.Phnom Penh, an international cityEveryone knows about the Western expat spots in Phnom Penh. But travel a bit further off the beaten path and you’ll find that the city has tons of different cultures and cuisines. Visiting new and interesting restaurants is a great way to explore the city and try something new. Keep exploring and you’ll find even more food from all over the world. Phnom Penh hosts people from Iraq, Armenia, Ethiopia, India, Nepal, and so many more places. And they all make amazing food.No matter where you want to live in Cambodia, make sure you know what you want. Use one of our trusted agents in Cambodia to find a place that fits you best.And, in the meantime, browse listings of expat rentals in Phnom Penh.
riverside plots still awaiting development
Riverside plots still awaiting development
June 6, 2022, 5:02 p.m.
Phnom Penh is a city defined by rivers. It sits at the point where four waterways intersect. The Tonle Sap, Tonle Mekong Leu, Tonle Mekong Krom and Tonle Bassac all connect in the Kingdom’s capital. Why then, is the riverside area still waiting to see major real estate development?Though there are a few ongoing projects there, and a few in the pipeline, the area has yet to take off in terms of investment. This sits in contrast to other areas of Phnom Penh such as the central business district, real estate in BKK1 and real estate in Toul Kork which have all seen numerous projects across many different industries. Koh Pich, on the other hand, may be an exception. It has flourished over the past few years. Along with other waterfront areas such as Chroy Changvar, Koh Norea and Areyksat it could take centre stage in 2019 and beyond.Sorn Seap, founder and CEO of Key Real Estate, said that Phnom Penh benefits from a large supply of riverside land. He claimed these locations were perfect for the development of high rises. Developers have begun to take advantage of land along the Tonle Sap and Tonle Bassac, he said, while land near the two diversions of the Mekong is largely undeveloped. “Koh Pich and Chroy Changvar are seeing most of the activity. Developers aim to use any corridor in these areas for major residential projects,” he said, adding that Koh Norea and Areyksat may have to wait for a major project.Koh Norea sits across from Koh Pich, where the Tonle Bassac splits off from the Mekong. Areyksat is on the far bank of the Mekong, a part of Kandal province.“It will take around ten years [for Koh Norea and Areyksat] to be developed. There is still more necessary infrastructure such as a bridge. This would lead to more real estate development, ” said Seap.In the pipelineRecently, Overseas Cambodia Investment Corporation (OCIC) announced through Fresh News a plan to develop a 100-hectare satellite city stretching from Koh Norea to Kean Svay district. This project will purportedly be developed in a similar fashion to Koh Pich.Teng Rithy, founder and chairman of R' Investment Group, claimed that the majority of the areas along the rivers are already earmarked for medium and high-rises.Rithy noted that the presence of OCIC project along Chbar Ampov’s riverside will provide more value to the area. That area, he said, is already on the radar of many investors. “Our city development is similar to the development of Bangkok or city development in Korea during the 1970s,” Rithy noted. He said it was reasonable to assume that Phnom Penh would expand east, across the river, in the coming years.Echoing Seap, Rithy contended that more basic infrastructure was needed to provide incentive for projects.Diving deeper into the potential of the Chroy Changvar peninsula, James Hewson, manager of research and consulting at CBRE Cambodia, said that the area held huge potential. Land in Chroy Changvar is relatively affordable and plentiful, he said, while still being close to the CBD.“Over 300 hectares of the OCIC project is located in Chroy Changvar and will come with mixed-use high rises. There are more opportunities for high buildings along National Road 6 as well,” he stated.Seap broke down the price of land in various riverside areas of the capital:Koh Pich is the most expensive. Land there costs between $3,500 and $5,000 per square metre.In Chroy Changvar, he said, plots can be found for around $700 to $2,000 per square metre.Koh Norea hosts land that ranges from $500 to $1,000 per square metre, andAreyksat is one of the cheapest areas. Land there is nearly always below $500 per square metre.“Over the next five years, many high buildings will be developed,” Rithy said.“The riverbanks will become a part of the modern city.” If you want to look for real estate along the river, check out listings for real estate for sale in Daun Penh, real estate for sale in Chroy Changvar and real estate for sale in Koh Pich.
Four reasons why Chinese buy property abroad
Quick takes: Why are Chinese people buying property abroad?
June 6, 2022, 5:02 p.m.
After reading a few headlines you might think Chinese people are leaving their country en masse. But a quick glance at history books will remind you that there’s a huge legacy of emigration from the world’s most populous country. According to a 2016 report from the Transatlantic Council on Migration (TCM), 4% of all the world’s migrants came from China as of 2013. This puts it in fourth place of all the world’s source countries.More relevant, however, is the fact that those emigrating from China are mostly high-skilled individuals. The report showed that the emigration rate was 1.8% among those with high education.In Southeast Asia and elsewhere, the influx of wealthy Chinese means a rising demand for real estate and other investments. But why is there such an appetite for property abroad? Why not buy more property in China.Leading experts in the sector often cite four main factors incentives leading Chinese buyers:1. InvestmentDeveloping nations hold huge investment potential. What’s more, many investors can tweak growth formulas that were previously used in China to find success in other countries.Many see real estate as one of the safest kind of investments, preferring it over stocks, bonds or currency. Chinese buyers are often shopping for affordable land. So, they often look to developing nations.Hang Sokunthea, research manager at Belt Road Capital Management, said that price point was a huge factor for Chinese property buyers coming to Cambodia."The price here is still much cheaper than their home country and Cambodia has stable economic growth and political stability. It is also important to note that the wave of Chinese property buyers is now a global phenomenon which has just slowly come to Southeast Asia and Cambodia," she said.2.  Boost their living standardThis can go hand-in-hand with investment. In China, an overseas property can be a status symbol. According to data published by Bloomberg, 70% of home purchases in China were either second or third homes.While developed countries like the US, UK, Canada, Australia and New Zealand hold prestige, having an additional home in a developing country can also be a signifier of wealth.3. MigrationChinese buyers often buy real estate if they plan to migrate in the future. This allows them to avoid the typical costs of renting property. Many migrate for job or business opportunities, or even retirement. Despite efforts by the Chinese government to increase employment, hiring is a highly competitive process. Therefore, to access more opportunities, many Chinese people move abroad, especially in labor-intensive countries.4. Pursue EducationAccording to data from the Ministry of Education of the People's Republic of China, as of April 2018, there were about 1,454,100 Chinese students studying abroad. Many wealthy Chinese choose to buy a home or apartment for their children who are studying in Western nations. The TCM’s report showed that nearly a third of all the international students studying in the US in 2015 were Chinese nationals. Migration for education is also growing in Australia, the UK and Canada.Three out of four ain’t badWhile Cambodia may not be a destination for education, it certainly hits on the other three factors. Given its proximity to China, it is certainly on the radar for those looking for a holiday home.Favourable investment regulations also mean the Kingdom is an attractive place to relocate for business. As more luxury buildings come online it’s also a hotspot for investment properties. If you want more information about foreign investment read out Investment Guide. If you're shopping for a property start browsing new developments in Cambodia.
subway in paris
Vietnam ambitious to complete metro project by 2020
June 6, 2022, 5:02 p.m.
Vietnam is one of the fastest growing nations in Asia. Similar to Cambodia, it has hovered around 7% GDP growth nearly ever year for the last decade. Indeed, it is a hotspot for international investors.The country has pushed forward economic development to intice foreign investors. Among other things, this has led to more jobs in key cities. Ho Chi Minh City is one of these economic hubs. The metropolis now has more than eight million residents.To address the issues of traffic, congestion and pollution, the Vietnamese government has decided to build a metro project to in Ho Chi Minh. It is set to span around 20 kilometres, stretch across three major districts and cost around $2 billion. According to the deputy managing director of the Management Authority for Urban Railways (MAUR), the metro project is nearly 80% finished. A launch ceremony is planned for October of next year. However, the metro project has faced major financial hurdles. The Japanese International Cooperation Agency (JICA), which is carrying out the project, almost halted its construction at one point. Government sources have reiterated that it will be complete by 2020.Plans have also been announced for a major metro train system in Phnom Penh. No progress has yet to be seen as feasibility studies are still being conducted.    For more information about infrastructure across the regionk be sure to read our free Investment Guide 2019
Amara Residence
Amara Residence brings nearly 100 condos to BKK1
June 6, 2022, 5:02 p.m.
Phnom Penh’s Chamkarmon district currently has the capital’s largest supply of apartments. There are 230 projects with 5,820 total units in the area. Toul Kork, in second places, hosts 1,446 units spanning 56 buildings. These numbers come courtesy of VTrust Appraisal’s 2018 report.One project is set to add even more supply to the area. Amara Residence, jointly developed by Century 21 V-Heritage Home Realty and Chinese construction company CNE, will be completed by 2021. It is located in the popular BKK1 area and will host 96 units varying in size from one to four bedrooms. The units will range from 37 to 139 square metres, and the structure will be 25 storeys tall.Units in Amara Residence start from the price of  $1,900 per square metre.Meach Sokha, a representative of Century 21 V-Heritage Home Realty, said: "The condo project is designed to satisfy the needs of urban residents, especially young couples who value a comfortable lifestyle within the heart of Phnom Penh.” Sokha confirmed that the building will have full security, property management and safety measures.Rising supplyNews of the new condo complex comes as many experts expect the supply to skyrocket in 2019.Indeed, some say the capital is sitting on the edge of oversupply. A recent report from CBRE Cambodia shows that the supply of high-end spaces in the capital will increase by 243% in 2019.However, some are optimistic that the market will continue its rise. Un Khannaron, director of Elevated Realty, said that progress of residential and commercial buildings was a positive sign for the property market. “In fact, both the rent and sale prices in Boeung Keng Kang area are already high, but prices will continue to rise,” he said.Khannaron claimed that foreign investment would continue to flow in, citing the fact that prices in Cambodia are still much more affordable than markets like China, Korea, Singapore, Thailand and Vietnam.If you're searching for condos for sale in BKK1, look no further. Realestate.com.kh is your source for all real estate in Phnom Penh.
border crossing at Poipet
Insider Analysis: Capital real estate following Bangkok’s lead
June 7, 2022, 6:31 a.m.
Cambodia is experiencing a miraculous period of growth. Real estate is growing but the sector is still far from a mature market. Thailand, on the other hand, is a powerhouse market in Southeast Asia. Real estate there is considered more stable. The number of new projects and developments is, of course, greater. For the moment, investors still see Cambodia as a high risk, high reward location. Growth is faster than in Thailand, and the price for entry is comparatively low. But how else are these markets different?Realestate.com.kh met with Dr. Sopon Pornchokchai, president of Fiabci-Thai and a council member of the Asean Real Estate Network Alliance. He also runs an Agency for Real Estate Affairs based in Thailand. What similar points and differences do you see between real estate markets in Thailand and Cambodia? Is Cambodia following where Thailand was in the past?In 2009, I conducted a survey in Phnom Penh. I found that shophouses for sale in Phnom Penh made up most of the housing market, which is similar to Thailand in 1982. In 2015, I conducted another survey and found that condominiums for sale in Phnom Penh accounted for a third of the market in Phnom Penh. In Bangkok, they make up half of the market. Nowadays, condos could be around 50% of the formal housing markets in Cambodia. In Bangkok, I suspect they make up around 60%. Cambodia is growing more similar to Bangkok, but more infrastructure is needed.What are the strengths and weakness of the real estate market in Cambodia?The major strength is that the economy of Cambodia is getting better over time.  Affordability levels are higher than in the past. Cambodia also attracts a lot of investment, particularly from China. Indeed, Chinese developers may dominate the market, and this could threaten affordability in the long run. What do you think the Cambodia market will look like five to ten years down the road?Cambodia and many countries in Asean depend on the heavy investment from China. If trade tensions between the US and China continue, Cambodia could see negative effects. However,  if China remains strong Cambodia will continue to grow. On the brighter side, the tourism industry is seeing huge growth. More direct flights are coming here and we can expect more jobs in that industry.Could you tell us how the real estate market in Thailand is doing? The market in Thailand is still in a period of growth. There is a bit of uncertainty because of the political situation. Tourism is one of the strongest sectors there. Foreign buyers are also a large part of the market and account for around 20% of demand.Shopping centres and hotels are growing quickly. Industrial properties are also growing in the Eastern Economic Corridor. The residential property still dominates the market, representing 70%. Currently, there are over 450,000 housing units on the market worth a total of US$41 billion. Keep in mind, the average house price in Bangkok is $137,000.How do you see the Thai real estate market shifting in years to come?In terms of housing supply, I expect 3% could be an average growth per year. In terms of value, on the other hand, we could see 5% growth per year or even 6% ROI for owner-occupied condos. Returns on low-rise buildings could be as low as 2%, however. For commercial and industrial properties, I suspect the area near the border with Cambodia will be a hotbed of growth over the next decade.For more interviews and articles, check our news section every day. You can also sign up for our newsletter to get news right to your inbox.
Koh Touch, Koh Rong Island
Koh Rong islands to form Kingdom’s newest city
June 7, 2022, 5:37 a.m.
In May of this year, Koh Rong and Koh Rong Sanloem islands will form the newest municipality in Cambodia, according to a sub-decree released by the government in January. Previously, the islands were classified as communes within Preah Sihanouk province’s Mittapheap district. Later this year, however, they will be classified as a single city and gain administrative power of their own.Many expect investments in the tourist industry to rise sharply after the islands become a city. But there are concerns over the status of land ownership on Koh Rong and Koh Rong Sanloem.The two islands have a combined area of over 100 square kilometres and are located 25 kilometres offshore from Sihanoukville.Currently, Koh Rong and Koh Rong Sanloem are comprised of four villages and two villages, respectively. The islands are home to around 4,000 permanent residents. They are two of the biggest tourist destinations on the Kingdom’s southern coast.Thousands of visitors every dayChheun Chantha, commune chief of Koh Rong Sanloem, welcomed the plans. He expressed hopes that more real estate development would come to the area, in turn increasing land prices. He explained that, with new administrative management, the islands would need more government buildings and more infrastructure.Chantha claimed that land along the beach in Koh Rong Sanloem’s Koh Touch village was currently selling for more than $1,000 per square metre. Land further in was going for between $100 and $200 per square metre. The price for land without a hard title, on the other hand, was just $20 to $50 per square metre.“The area is very attractive for tourism. On average, 2,500 tourists show up every day,” he said, adding that around 75% of the visitors stay for at least one night.Accommodation on the islands ranges from $5 per night for a dorm bed up to hundreds per night for a luxury bungalow.Brad King, managing director at Sihanoukville’s Cambodia Real Estate, said that making Koh Rong and Koh Rong Sanloem a single municipality will be good for the real estate sector. However, King noted that the real estate market on the two islands is still quite limited. He expressed concerns over ownership on the islands, adding that most landowners simply hold their plots instead of building on them.“Most villagers don’t own their land with hard titles,” he said, adding that investors are waiting until they can get these before they make significant investments.Royal Group is one of the only major players to come to Koh Rong. It established a luxury resort on the island called Royal Sand.‘No one keen to buy’Commenting on the issue of hard titles, Chantha said that only a third of landowners on Koh Rong Sanloem held them.King, who has developed some of the only apartments on Koh Rong, said construction is a long and difficult process. Because of this, owners aren’t willing to invest until hard titles are issued.“It took 60 boat trips just to bring materials for my apartment project,” he said, adding that land prices were comparable to Sihanoukville at $2,400 per square metre. He claimed that if hard titles were issued, buyers would come in droves.“No one is keen to buy or invest on land without [full] legal ownership.”Sharing King’s view, Den Sakal, CEO of Universal Real Estate, said that land transactions on Koh Rong have become stagnant. He claimed establishing a municipality would speed up activity.“This will buoy confidence from investors. At the same time, rental prices will increase and services will be upgraded to the next level to welcome more tourist,” he said.Chantha agreed with the concern over hard titles, adding that undeveloped infrastructure, poor waste management, and illegal logging and fishing are other key factors holding back the islands.Besides making the two islands a single city, the sub-decree also adds two new districts to the map of Phnom Penh. The two new districts will be called Boeung Keng Kang and Kambol.Read the full story of the new BKK district. For more breaking news like this, check our news section every day.You can also sign up for our newsletter to get news right to your inbox.