Steady recovery for Preah Sihanouk real estate
The real estate market in Preah Sihanouk province, which was hit hard by the Covid-19 pandemic, is now slowly recovering, according to real estate experts in the province.
Source: phnompenhpost.com
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Little traction in Preah Sihanouk real estate scene early 2022
Four months on after Cambodia reopened its doors to foreign tourists and investors, recovery in Preah Sihanouk province’s real estate market has failed to gain real traction, according to observers.
Source: phnompenhpost.com
New construction investments post nearly 21% dip in first nine months
Capital investment in newly-approved construction projects over the first nine months of 2021 reached $4.657 billion, dropping by nearly 21 per cent year-on-year from $5.868 billion, chiefly as a consequence of Covid-19-related travel restrictions around the world.
Source: phnompenhpost.com
Hyatt hotel opens in central Phnom Penh after delays
The $180 million Hyatt Regency Phnom Penh hotel opened on December 15 after numerous delays, which real estate experts claim will have positive bearing on the property market, and illustrate the progress of international tourism reopening plans and the strength of Cambodia’s economic growth.
Source: phnompenhpost.com
Covid-19 eases grip on capital's retail market, but all not rosy
The launch of three new retail centres in the third quarter of this year has brought the total retail space in the capital to 370,000sqm as of September 30, according to research by real estate company CBRE Cambodia. These projects are SCG Design Village in Sen Sok district, The Commune in Tuol Kork district and MC Park Project in Meanchey district.
Source: phnompenhpost.com