Ann Sothida News Today

Preah Sihanouk provincial authorities have urged construction owners and landlords to come to a consensus to lower land rental prices to restore the stagnant real estate sector and clean up the image of the coastal province as the economy recovers.

Local developer Monarchy Land & Investment on June 10 simultaneously broke ground and launched sales for its first housing development in southern Kandal province.

PHNOM PENH (The Phnom Penh Post/ANN): The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row.

Share Just $7.8 billion in new construction projects were approved in 2020, down 32.1 per cent on a yearly basis. Hean Rangsey Investment in construction crumbles under pandemic Wed, 2 June 2021 The global health crisis caused by the Covid-19 outbreak has dragged down investment in the Cambodian construction sector, which had shown positive signs for several years in a row. Last year, the Ministry of Land Management, Urban Planning and Construction approved just $7.8 billion in new construction...