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News

Officials express worry over developer mortgages

The increasing trend of mortgage lending by Cambodian real estate developers has drawn the attention of officials from Cambodia’s central bank. Leaders there have recently urged buyers to stay vigilant and carefully consider interest rates before they sign agreements. Speaking during the National Bank of Cambodia’s (NBC) semi-annual results presentation on Saturday, Chea Serey, the…

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King Power Mahanakhon: Ultimate lifestyle in Bangkok

According to Euromonitor International’s Top 100 City Destinations 2018 report, Bangkok is the world’s second most visited city following Hong Kong. Real estate in Bangkok is considered more valuable than other major cities in Asia such as Singapore and Shanghai, according to CBRE’s fifth annual global living 2019 report. Of all the skyscrapers in Bangkok, King…

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Capital office supply rises amid drive for diversity

The amount of office space in Phnom Penh has continued to increase over the past year. This is due in part to the growing number of foreign companies setting up shop in the Kingdom. According to a new report from real estate services firm CBRE, centrally-own office space in Phnom Penh reached 359,300 square metres at…

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Developers target local buyers with condos under $50K

Condominiums are arguably the hottest type of real estate in Cambodia. Less than a decade ago, however, there were only a few condo projects in the capital. Most of them were geared toward expat clientele. Now, over a decade later, a new trend is emerging as Cambodia’s middle class are pushing the demand for property…

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