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Century 21 chair sets aim high for Kingdom’s property market

Publication date 25 November 2020 | 21:36 | ICT

Cambodia’s real estate sector is set to bounce back at a blistering pace after this year’s Covid-19 slowdown in growth, according to newly-appointed Century 21 Cambodia chairman Richard W Davidson.



  • Ministry says real estate inventories in VN on the wane

    Inventories in the Vietnamese real estate market have been on the decrease thanks to increasing liquidity, according to the Ministry of Construction.

  • Singapore condo resales hit two-year high as prices rise

    Singapore’s resale condo market reached a two-year high last month with 1,509 units changing hands, according to flash figures from real estate portal SRX Property on November 10.

  • Mortgage applications up 50% in third quarter

    Mortgage credit applications saw a sharp 50 per cent quarter-on-quarter jump in the three months ended September 30, according to the latest edition of the Credit Consumer Index Report published by Credit Bureau (Cambodia) Co Ltd (CBC) on November 6.

  • Japanese real estate giant Nomura invests in Ecopark

    Japan’s Nomura Real Estate Development Co Ltd has agreed to participate in a condominium housing project within the Ecopark project, a large-scale development undertaken by Ecopark Corp JSC in Hanoi.

  • Building investment crumbles

    Capital investment in the Kingdom’s construction sector in the first nine months of this year fell 9.6 per cent to $5.868 billion from $6.494 billion in the year-ago period, the Ministry of Land Management, Urban Planning and Construction reported.

  • Refuge areas required in VN towers

    The requirement for an area of refuge in Vietnam’s high-rise buildings was necessary, but this might push up housing prices, according to the Ho Chi Minh City (HCMC) Real Estate Association.

  • EEC puts Pattaya in investor spotlight

    Pattaya will become a bright spot for hotel investors next year thanks to domestic demand potential, as well as the development of the Eastern Economic Corridor (EEC), property consultancy firm JLL said.

  • Capital’s condo supply adds 828 units in Q3 as prices dip

    The third quarter of this year saw the addition of 828 units to Phnom Penh’s condominium supply, raising the total 3.97 per cent quarter-on-quarter to 21,679, a research report from real estate service provider CBRE Cambodia said.

  • CBRE: Industrial land rents surge in HCMC and Hanoi

    Rents for industrial lands in Ho Chi Minh City (HCMC) and Hanoi have increased by two and 1.7 times respectively in the third quarter from a year earlier.

  • Price gap between inner, surroundings fall in Hanoi market

    A recent survey by Savills found that the gap of property prices in Hanoi, Vietnam is narrowing between urban and surrounding areas as more facilities are offered to compensate for outer locations.