• Kingsland Global celebrates pre-completion sale of Oknha Peich Boutique Hotel PRESS / September 2016 The successful sale of the Oknha Peich Boutique Hotel on 18 February 2016 - prior to construction completion - serves as a celebratory and momentous milestone for Kingsland Global, and the company’s Cambodian arm. Slated to be completed in the second quarter of 2017, the hotel was sold to Vivaz Holdings Pte Ltd at US$13.4 million.
  • Five reasons I’m investing in Cambodian real estate PRESS / April 2016 It’s been eleven months to the date since I last departed Cambodia’s capital city of Phnom Penh. To say that this city, and this country, is no stranger to change would be an understatement. Thirty-seven years after a murderous regime left the country with their plans for an agrarian utopia in shambles, Cambodia is a frontier market that doesn’t entirely feel like a frontier market. It feels, well, like anywhere else in Southeast Asia, only with more grit. However, the grit is fast waning. In the tourist and expat-friendly parts of Phnom Penh, new shops and restaurants are opening quickly. It was only a year ago that I suggested that the window was closing on earning easy money from simple businesses like a restaurant. That window now appears to be closed. Just walking one mile from the city’s backpacker-filled riverside to my villa in the trendy BKK1 district, I noticed a number of new high-end restaurants. I’m told that one Chinese restaurant cost more than $250,000 to build.
  • Why Phnom Penh is Asia’s next top city for real estate PRESS / April 2016 Cambodia’s real estate market is heating up, especially in its capital Phnom Penh, with foreign developers from China, Singapore, Taiwan and Korea looking to expand their footprint in the fast-growing city.
  • Phnom Penh’s northwest poised for growth PRESS / March 2016 After the announcement of the second Aeon mall development to be built inside of the Pong Peay City – a satellite city surrounded by numerous borey developments in the Russey Keo district of Phnom Penh – the area is shaping up to be a driving force for future growth on the capital’s outskirts as land prices continue to rise despite formal infrastructure.
  • Phnom Penh prices rise by more than 25 per cent in 2015 PRESS / March 2016 The latest report from global property consultancy Knight Frank shows that Phnom Penh’s overall property prices rose a staggering 26.2 per cent in 2015, far higher than any other city in the Asia Pacific region. According to the Knight Frank Prime Asia Development Land Index, the cost of residential land in Phnom Penh rose by 10.6 per cent in the second half of 2015, cooling somewhat after a meteoric first half, bringing the capital in just behind Tokyo as the city with the greatest rise in land values in the region.
  • Government eager to kick-start mammoth tower development PRESS / March 2016 As new details emerge surrounding the monumental 133-twin storey, billion-dollar development – now dubbed Thai Boon Rong Commercial Tower as a namesake of the co-developer – to replace Dreamland, with a groundbreaking event to be held today, real estate experts and officials are still at crossroads over the credibility of this gigantic project.
  • Construction sector investment tops $3.3B PRESS / March 2016 Investment in Cambodia’s construction industry topped $3.3 billion last year, a 33 per cent increase over 2014, according to a report by the Ministry of Land Management and Urban Planning and Construction released yesterday.
  • Phnom Penh’s property market: opportunity, risk and what to expect in the short term PRESS / February 2016 Phnom Penh’s property sector is experiencing unprecedented growth, offering both opportunities and challenges to foreign investors. Navigating the market intelligently and avoiding potential risks is crucial to making a sound investment in this exciting environment. The Post sat down with Independent Property Services sales director Bobby Peoples to learn more about how to mitigate risks and where the market is headed.
  • The 20 Fastest-Growing Countries In The World PRESS / February 2016 This month, the World Bank cut its 2013 global growth forecast to 2.4 percent (from 3.0 percent), its 2014 forecast to 3.1 percent (from 3.3 percent), and it introduced its 2015 forecast calling for 3.3 percent growth.
  • Construction values in Cambodia reach all-time high PRESS / February 2016 Approved construction projects in Cambodia in 2015 grew to an estimated value of USD3.33 billion, a 33 percent year-on-year increase from the previous year, according to the latest report released by the Ministry of Land Management, Urban Planning and Construction (MLMUPC).
  • From ghost city to boomtown, Phnom Penh soars high PRESS / December 2015 From glitzy malls and high-rise flats to five-star hotels, a luxury building boom in Phnom Penh is transforming a capital once reduced to a ghost town into one of Asia’s fastest growing cities.
  • Top 10 richest real estate tycoons in China PRESS / December 2015 Wang Jianlin, founder and chairman of Dalian Wanda Group, stayed the richest entrepreneur in the property sector in China with a fortune of 120 billion yuan ($18.9 billion), according to the Hurun Property Rich List 2015. This is the fifth time the Wang family topped the list as the richest people in the business.
  • Real Estate For The Ages PRESS / December 2015 When Christopher Merrill first started telling potential investors ten years ago that he wanted to put their money in student housing, he raised a few eyebrows. “Some could only picture Animal House ,” says Merrill, who has been investing in real estate since 1993. But check out the $40 million property Merrill developed one block west of the University of Arizona campus. There is a rooftop pool, a fitness area and a business center–and 164 units with designer furniture, quartz countertops, stainless steel appliances and in-unit washers and dryers. The place charges $900 a month per bed, with apartments sleeping between one and five students. “Safe, well-lit, gated communities–parents won’t pay enough for that,” Merrill says.
  • Residential property prices rise across Asia PRESS / November 2015 CBRE Residential Global Living Report, released this year by CBRE International, has seen two Asian real estate markets ranking in the top five highest value residential property markets worldwide, as decided by average property prices. This regional boom appears promising for the Cambodian residential property market as a parallel trend occurs, albeit, on a smaller scale in the Kingdom’s residential real estate market.
  • Politics and frontier property markets PRESS / November 2015 Myanmar's election held on November 8, deemed as the country’s first free election in 25 years, caught the attention of people around the world as Aung San Suu Kyi’s National League for Democracy won by a landslide. Considering the date from the Directorate of Investment and Company Administration (DICA) indicating the rise in the real estate market in Myanmar from $440 million in 2012 to 2014, to $780.7 million this year, Post Property’s Catherine Harry met up with Kevin Goos, CEO of Century 21 Cambodia, to talk about how the changes in the political scene will impact the local and regional property markets.
  • Cambodian Condos Have Highest RoI in Asia: Report PRESS / November 2015 Return on investment for condominiums is higher in Cambodia than other Asian markets, a report from local real-estate research firm Century 21 Mekong said yesterday.
  • Frontier Markets: Cambodia in Focus PRESS / November 2015 Housed in a couple of rooms in the Canadia Tower in Cambodia’s capital city of Phnom Penh, is the world’s smallest actively traded stock market. The market boasts all of two listings, Phnom Penh Water Supply and Taiwanese owned clothing manufacturer Grand Twins International. Two will soon become three, however, as Cambodia’s SEC recently gave the Phnom Penh Autonomous Port approval for an initial public offering.
  • Construction investment surges in 2015 despite poor permit ranking PRESS / October 2015 Construction and real estate investments in Cambodia have experienced a 13.75 per cent growth rate in the third quarter of this year, compared to that of last year, despite Cambodia being ranked one of the more difficult countries in which to do business.
  • Kingsland's $100m data centre up and running PRESS / October 2015 Real estate developer Kingsland Development has invested more than $100 million developing a six-storey wholesale data centre in Jurong.
  • Local industrial property firm opens first data centre PRESS / October 2015 A HOMEGROWN industrial property developer is investing more than S$100 million into its new data centre venture, with the hope that it will ultimately account for more than half of the company's revenue.
  • Kingsland Data Center opens in Singapore PRESS / October 2015 Singapore-based real estate firm Kingsland Development is opening a data center in Jurong, in the West of Singapore, adjacent to the Singapore Data Center Park. Kingsland Data Center, a subsidiary of Kingsland Development, will run a fully customized turnkey data center space, in a purpose built five story bulding which measures 208,000 sq ft (19,000 sq m) and offers more than 80,000 sq ft (7000 sq m) of IT white space.
  • Ramping up to full speed PRESS / September 2015 MALAYSIA’S high-speed rail (HSR) connecting Kuala Lumpur to Singapore is on track, with a new company known as MyHSR Corp expected to take the lead in making the project a reality. The company’s first chief executive Mohd Nur Ismail Mohamed Kamal speaks about what he has in mind for what may be South-East Asia’s first bullet train.
  • A sleeping giant awakens PRESS / September 2015 JOHOR received the highest amount of investments compared with other states in Malaysia last year, surpassing Penang and Sarawak. The state grossed RM21.1 billion in foreign and domestic investments last year, surpassing the RM14.4 billion worth of investments it received the previous year. The trend continued when Johor attracted RM27 billion worth of investments in the first six months of this year.
  • Camhomes launch heralds new... PRESS / September 2015 The property sector is among the hottest in the Cambodian economy at the moment – with new developments seeming to come on line every week. One developer with a difference is Public Housing Development (Cambodia) Ltd., whose Camhomes brand is targeting a previously untapped market in the Kingdom’s property boom – the country’s growing middle-class.
  • Cambodia calling PRESS / September 2015 'Third wave' of Thai investment now under way with businesses planning for the long term as the economy matures and Thai-Cambodian relations improve.
  • Attorney says education key to success in real estate crowdfunding PRESS / September 2015 An attorney with national experience drafting and filing Regulation D and Regulation A+ documents welcomes recent legislation opening up real estate investing to more people, but says both issuers and investors need to properly educate themselves before participating. Kim Lisa Taylor is a featured speaker at IMN’s Second Annual Crowdfunding Forum for Real Estate West, taking place on September 16 and 17 in Santa Monica.
  • Coke betting big on Cambodia PRESS / August 2015 Coca-Cola held the ground-breaking ceremony for its new $100 million production facility at the Phnom Penh Special Economic Zone yesterday, which when completed in 2016 will double the beverage behemoth’s Cambodian output over the next six years. The new facility, which was announced last November after a meeting between Prime Minister Hun Sen and Coca-Cola’s regional representatives, will be completed by July 2016 and will add around 300 employees to Coke’s existing payroll of 650 workers.
  • Boutique Hotel Rises in Daun Penh PRESS / July 2015 PHNOM PENH (Khmer Times) – A new boutique hotel – which could cost as much as $6 million – is rising in Daun Penh, aiming to attract international business tourists who want to be close to the heart of the city. One Eleven Investment Ltd is developing the 88-room, 12-floor property, with 40 parking spots. Construction started a month ago and is set to finish in 18 months. This is One Eleven’s first project in Cambodia.
  • Crowdfunding Market Grows 167% in 2014: Crowdfunding Platforms Raise $16.2 Billion, Finds Research Firm Massolution PRESS / March 2015 Report Forecasts Total Global Crowdfunding to Reach $34.4 Billion in 2015, With North America Remaining the Largest Market and Asia, Outpacing Europe in 2014, in Second Place LOS ANGELES, CA--(Marketwired - Mar 31, 2015) - Crowdfunding is accelerating at an unprecedented rate and impacting government policy, informing enterprise innovation, and changing the role of financial institutions around the world. Today, massolution®, a research firm specializing in the crowdsourcing and crowdfunding industries, released its annual 2015CF - Crowdfunding Industry Report. After collecting data on 1,250 active crowdfunding platforms (CFPs) worldwide and undertaking significant further research, the results reveal that CFPs raised $16.2 billion in 2014, a 167% increase over the $6.1 billion raised in 2013. North America still accounts for the largest market but 2014 saw Asia overtake Europe, by a small margin. With exponential growth in Asia, Massolution forecasts this lead will increase significantly in 2015 with the delta between Asia and Europe increasing to over $4 Billion. We predict that Europe's 20.1% of market share in 2014 will decline slightly in 2015 when Europe will account for 18.8% of the worldwide market.
  • 13 major advantages of investing in Cambodia in 2015 PRESS / March 2015 It’s been hailed as one of Southeast Asia’s last investment frontiers. So what can Cambodia offer to lure more investors from abroad? According to Minister of Commerce Sun Chanthol, who was recently interviewed by CNBC’s Squawk Box in Hong Kong, there are many advantages of investing in Cambodia.
  • ADB Expects Cambodian Economy to Pick Up PRESS / March 2015 The Asian Development Bank (ADB) is predicting a steady uptick in Cambodia’s economic growth to 7.3 percent and 7.5 percent in 2015 and 2016, respectively, on the strength of improved performance in the country’s trade partners and a tempered political environment at home. The forecast is part of the Asian Development Outlook 2015, which the bank launched Tuesday and shows Cambodia continuing to outpace most of Asia and recovering from a slight dip to 7 percent growth in its gross domestic product (GDP) in 2014.
  • Closer Economic Ties with Cambodia to Benefit Singapore-based Businesses PRESS / July 2014 According to an announcement by the Ministry of Trade and Industry (MTI), Singapore’s Second Minister for Home Affairs and Trade and Industry S Iswaran has made an official visit to Cambodia on Monday, 21 July 2014.


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