130704-The Post Property by Post Media

ការផ្គត់ផ្គង់ការិយាល័យ

លំដាប់BនិងCមិនទាន់ ឆ្លើយតបតម្រូវការ

ត្រីមាសទី២ឆ្នាំនេះតម្រូវការ

ឃ្លាំងជួលមានកំណើនតិចតួច

តំបន់ដែលអចលនទ្រព្យ មានតម្លៃថ្លៃជាងគេ

ទាំង២០លើពិភពលោក

Villas shoot up in

price ការបោះឆត ្នោ ហាក់គន ្មា សញ្ញាបះ៉ ពាល់ដល់វស ិ យ ័ អចលនទ្រពយ្ Property market remains stableduring election

YOUR REAL ESTATE EXPERTS

POSTKHMER.com

www.phnompenhpost.com •July 04, 2013

Villas shoot up in price Hin Pisei

he increasing income and the growth of demand from both local and international investors has caused prices of villa rentals to rise remarkably in first quarter of this year in Phnom Penh. Most people highly value living in villas that have gardens, swimming pools, and entertainment areas. The villa is considered to be housing for wealthier families in Cambodia. Chailin Sear, CEO of CL Realty Co, said that the price and demand of rental villa in the first quarter of this year has grown significantly, par-

ticularly in the districts of Chamkarmon, Daun Penh and Toul Kork. This growth is due to Cambodia’s investment growth, which means new arrivals need houses for either staying in or for their offices. “The price of rental house at the first six months this year has climbed up about 20 to 30 per cent while the demand has stepped up as well,” said Sear. “The factor that causes to be accession is the growth of people here, as well as them looking for more business places or offices.” Chailin continued that a villa with four to five bedrooms now in the districts A villa in Toul Kok, Phnom Penh. Photo Hong Menea of Chamkarmon and Daun Penh rent for $2,500 to Dith Channa, the general then 20 per cent this year in $4,000 per month, and at manager of VMC Real Estate Chamkarmon and Daun Penh, $1,800 to $2,500 for the same Cambodia, said that the price but about 10 per cent in Toul size in Toul Kork. of rental villas has risen more Kork, while other areas had slightly increases compared to

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ការផ្គតផ ់ ង ្គ កា ់ រិយាល័យល ដា ំ ប់ B និង C មិនទាន់ឆយ ើ្ល តប... Far East buyers beware in London property rush Pages 6-7

ត្រមា ី សទី២ឆន ំ្នា ះេ តម្រវូ ការ ឃ្លាង ំ ជល ួ មានកណ ំ ន ើ ... Chit Uys Stevexo talks about business evaluation in Cambodia Page 8-9

តំបន់ដល ែ អចលនទ្រពយ្ មាន តម្លថ ៃ ជា ៃ្ល ងគទា េ ង ំ ២០... China's legions of housing slaves Cover Photo: Bloomberg

demand have increased, depending on the location; however, the increase is not too much. He added that currently he finds it difficult to find villas

Currently, I have six customers wanting to rent villas in Beung Keng Kang quarter, but... the same period last year. Regarding the increase in rentals and demand, Dith Channa said, “the villa rentals will rise because Cambodia is about to be economically integrated into Asean at the end of 2015.” The rentals for villas in Chamkar Mon and Daun Penh district are high, because those areas are right in central Phnom Penh, with many people, business centers, entertainment areas, shops, restaurants and safety. “Villas in Tuol Kork district are special because they are spacious with good environment.” Po Eavkong, managing director of Asia Real Estate Cambodia said that the price and demand for villas is increasing, but not too much. In Chamkar Mon and Daun Penh district, a villa with four or five bedrooms rents for $2,000 to $4,000 per month, whereas in Tuol Kork the same is $2,000 to $3,000. Khat Sovann, general manager of Cam Top Property Group, said that the price and

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for his customers in Chamkar Mon and Daun Penh, because it is too expensive. He said: “Currently, I have six customers wanting to rent villas in Beung Keng Kang quarter, but I cannot find villas for them. A villa can be rented at $2,000 to $3,500 for a villa with four to six bedrooms”. He added that the villas in Tuol Kork can easily be found, unlike Chamkar Mon and Daun Penh, because in Tuol Kork the price is so cheap. Many villas are for rent and the villas with four to six rooms is rented at $1,000 to $4,000 per month. Today, there are not many villas built in Chamkar Mon and Daun Penh. whereas villas are mushrooming in Tuol Kork, where there is much empty space. Villas in Chamkar Mon and Daun Penh are decreasing, because investors are knocking down old villas to build apartments or condominiums. The construction of apartments or condos earns money easily, and is better than renting the villa to a family.

• Publisher: Ross Dunkley • Chief Executive Officer: Chris Dawe • Editor-in-Chief Post Khmer: Kay Kimsong • Editor-in-Chief Post English: Alan Parkhouse • Managing Editor Post Khmer: Sam Rith • Managing Editor Post English: David Boyle •Property Editors: Rupert Winchester, Hin Pisei • Property Reporters: Siv Meng • Translator: Tang Kouk, Sok Bopha, Phouk Samphaktra, Pich Sinoun, Chean Chanra • Graphic Designers: Aim Valinda, Chum Sokhunthy,Tim Borith, T.Thyda • Photographers: Hong Menea, Heng Chivoan, Pha Lina, Sreng Meng Srun, Mai Virak • ចាងហ្វាង

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July 04, 2013 • www.phnompenhpost.com

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ការបោះឆត ្នោ ហាក់គន ្មា សញ្ញាបះ៉ ពាល់ដល់វស ិ យ ័ អចលនទ្រពយ្ ហឹន ុ ពិសី ភ្នព ំ ញ េ ៈ បើទោ ះបជា ី ព ល េ ប ច្ចប ុ ប្ ន្ននេ ះ សកម្មភា ពនការ ៃ ឃោសនាដម ើ ប្ ស ី ង ្វែ រក សំឡង េ គា ទ ំ ្រ និងកា របោះឆត ្នោ ជ ស ើ្រ រ ស ើ តំណាងរាស្រន ្ត ត ី កា ិ លទ៥ ី ឈា នមកដល់ ហើយក ដោ ៏ យក៏គ បា េ នសង្កត េ ឃ ញ ើ ថា ចលនានការ ៃ ទញ ិ លក់ អចលនទព ្រ យ្ នៅ ពេលនេះមិនបានធ្លាក់ចុះនោះទេ ខណៈ ការបោះឆ្នោតជ្រើសរើសតំណាងរាស្រ្ត ចំនន ួ ៤ ល ក ើ ក ន្លងម ក បានធឲ ្វើ យ្ កា រទញ ិ លក់ អចលនទ្រព្យធ្លាក់ចុះ។ កត្តាស្ថិរភាពនយោបាយ ចំណេះដឹង និងបទ ពសោ ិ ធនាព ល េ ក ន្លងម កបានដរើ តួនាទីយ ង ៉ា ស ខា ំ ន់ស ម្រាបច ់ លនានការ ៃ ទិញលក់អ ចលនទ្រព្យនៅកម្ពុជា។ លោក ឌឹត ចណ្ណា ប្រធានគ្រប់គ្រងនៃ ក្រម ុ ហ ន ៊ុ អ ចលនទព ្រ យ្ វីអម ឹ ស៊ី បានបប ្រា ់ ថា ការទិញ លក់ អចលនទ្រព្យនៅពេល នេះបានកើនឡ ើងខុសពព ី េលបោះឆ្នោត ៤លើកកន្លងមក(ឆ្នាំ១៩៩៣,១៩៩៨, ២០០៣,២០០៨)។ លោកប្រាបទ ់ ៀតថា នាពេលកន្លងមកនៅមុនពេលបោះឆ្នោត ចន្លោះពី៣-៦ខែ ការទិញ លក់អចលន ទ្រព្យតែងតែធ្លាក់ចុះច្រើនព្រោះអ្នកទិញ សុទត ្ធ ែរង់ចាំមើលលទ្ធផល និងស ភាព- ការណ៍ក្រោយការបោះឆ្នោត។ លោកបានថង ្លែ ថា ៖ « ប ទោ ើ ះបកា ី របោះ ឆ្នោតជ្រើសរើសតំណាងរាស្រ្តនីតិកាល ទី៥ នឹងឈានមកដល់នៅថ្ងៃទី២៨ ខែ កក្កដាខា ងមុខនេះក៏ដោយ ក៏សកម្មភាព នៃការទិញ លក់ អចលនទ្រព្យមិនបាន ថយចុះនោះទេ បើគិតចាប់តាំងពីដើមឆ្នាំ ២០១២ មក ជាពិសេសក្នុងឆមាសទី១ ឆ្នាំ២០១៣នេះតែម្តង។ លោកបានលើកឡ ើងថា កត្តាដ ែលធ្វើ ឲ្យស កម្មភា ពនការ ៃ ទញ ិ លក់អចលនទ្រពយ្ កើនឡើងនៅពេលនេះមានមូលហេតុ សំខាន់ៗ ចំនួន៣ គឺទី១ ភាពទុកចិត្តទៅ លើកត្តាស្ថិរភាពនយោបាយរបស់ប្រជា ពលរដ្ឋ និងភាពចាស់ទុំរបស់អ្នកនយោ-

បាយនៅកម្ពុជា ទី២ ការបង្កើនទុនវិនិ យោគរបស់អ្នកវិនិយោគក្នុងស្រុកមាន ដូចជា អគារវឌ្ឍនៈ អគារកាណាឌីយ៉ា ការអភិវឌ្ឍសំណង់ល ំនៅឋាន បុរី ឃ្លាំង និងមជ្ឈមណ្ឌលពាណិជ្ជកម្មជាដើម និង ទី៣ ការកន ើ ឡ ង ើ ន ចំ ៃ នន ួ និងទ ហ ំ ថ ំ វិកា របស់វិនិយោគិនបរទេសមកកម្ពុជា មាន ដូចជា ជនជាតិ ចិន ម៉ាឡេស៊ី អង់គ្លេស និងក រ ូ ៉េ ជាពស ិ ស េ ក្នង ុ ឆ ២ ្នាំ ០១៣នេះគ េ សង្កេតឃើញមានអ្នកវិនិយោគជប៉ុនជា ច្រើនបានចូលមកវិនិយោគនៅកម្ពុជា មានដូចជា គម្រោងសា ងសង់ផ សា ្ រទន ំ ប ើ Aeon និងសណ្ឋាគារ TOYOKO INN Phnom Pen ជាដើម។ លោក ស៊ា ឆៃលន ី នាយកបត ្រ ប ិ ត្តក ិ ម ្រុ ហ៊ុនអចលនទ្រព្យ ស៊ីអិល រៀលធី បាន និយាយថា អតិថិជនដែលមកស្វែងរក សេវាក ម្មកា រទញ ិ លក់ និងជ ល ួ នៅកម ្រុ - ហ៊ន ុ របស់លោ កមន ិ បា នបប្រ ្រែ ល ួ នោ ះទេ ដោយនិន្នាការនៃការទិញ លក់ និងតម្លៃ នៅតែមានកំណើនដដែល។ លោកបានថ្លែងថា៖«កត្តានយោបាយ មានស្ថិរភាពបានដើរតួនាទីយ៉ាងសំខាន់ ក្នុងការជួយលើកតម្កើងតម្លៃអចលន- ទ្រព្យនៅពេលនេះ។ ការបោះឆ្នោតនៅ ពេលខាងមុខមិនបានធ្វើឲ្យប្រជាពលរដ្ឋ មានការពយ ្រួ បា រម្ភពភា ី ពវក ឹ វរខាងនយោ បាយទេ ដូច្នេះស កម្មភា ពនការ ៃ ទញ ិ លក់ នៅតែមានភាពល្អប្រសើរដដែល»។

ការបោះឆត ្នោ ជស ើ្រ រស ើ តណា ំ ងរាសអា ្ត្រ ណត្តទ ិ ៥ ី នាពល េ ខាងមខ ុ ហាក់មន ិ មានសញអ ្ញា វិជមា ្ជ នដល់វស ិ យ ័ អចលនទព ្រ យ្ ទេ ។ ហុង មិនា

ជាច្រើនត្រូវខាតបង់ ដោយសារតែភាព ជាប់គាំងផ្នែកនយោបាយមួយរយៈខ្លី ស្របពេលដែលកម្ពុជាទទួលរងនូវឥទ្ធិ ពលនមហា ៃ វប ិ ត្តហ ិ រិ ញ្ញវត្ថសា ុ កលលោក

ទទៅ ជា ូ ខស ំ ុ ្ញ ង្កត េ ឃញ ើ ថា ចលនានកា ៃ រ ទិញលក់អចលនទព ្រ យ្ មន ិ បានបប ្រែ ល ួ ្រ ទេ ... បើទោះបីជាការបោះឆ្នោតនៅកម្ពុជាពី មួយអា ណត្តទៅ ិ មយ ួ អា ណត្តកាន់ ិ តែ មាន ភាពល្អប្រសើរទៅ ក៏ដោយ ក៏អារម្មណន ៍ ៃ ការប្រុងប្រយ័ត្ននៅតែមាននៅក្នុងគំនិត របស់ប ជា ្រ ជ នកម្ពជា ុ ដ ដែល ពិសស េ កា រ បោះឆ្នោតជើស ្រ រើសតំណាងរាស្រ្ត អាណត្តទ ិ ៤ ី (២០០៨) ដែលនៅពេល នោះមានអ្នកវិនិយោគផ្នែកអចលនទ្រព្យ

ឆ្នាំ២០០៨។ លោក ប៉ូ អ៊ាវគង់ ប្រធានគប ្រ គ ់ ង ្រ ទ ទៅ ូ ក្រម ុ ហ ន ៊ុ អេស៊ា រៀលអេសត ្ទេ បានបប ្រា ់ ឲ្យដ ង ឹ ថា ដំណរើ កា របោះឆត ្នោ ជ ស ្រើ រ ស ើ តំណាងរាស្រ្តអាណត្តិទី៥ នាពេលខាង មុខ មិនបា នប៉ះពា ល់ដ ល់ដំ ណរើ កា រទិញ លក់ អចលនទ្រព្យនៅកម្ពុជាទេ។ លោក បន្តទៀតថា អ្វីដែលប៉ះពាល់ដល់ដំណើរ

ការទិញ លក់ អចលនទ្រព្យនៅពេលនេះ គឺតម្លៃទៅវិញទេ ពីព្រោះម្ចាស់អចលន ទ្រព្យនាពេលបច្ចុប្បន្ននេះភាគច្រើនដាក់ តម្លលក់ ៃ អចលនទព ្រ យ្ របស់ខ ន ្លួ ខ ស ្ព ព ់ ក េ ដែលធ ឲ ្វើ យ្ អ ក ្ន ទ ញ ិ ត វ្រូ រា រែក។ លោកថង ្លែ ថា៖«ជាទូទៅខ ្ញុំសង្កេតឃើញថា ចលនា នៃការទញ ិ លក់អចលន ទព ្រ យ្ ម ន ិ បា នប្រែ ប្រល ួ ទ េ ព្រោះមា នអតិថជ ិ នជាច ន ្រើ បា ន មកស្វែងរកសេវាកម្មនៅ ក្រុមហ៊ុនអេស៊ា រៀលអេស្ទេតជារៀងរាល់ថ្ងៃ»។ ទោះបយ៉ា ី ងណា ក៏ដោយលោក អ៊ាវគង់ បញ្ជាក់ថា៖«នៅពេលនេះក៏មានអ្នកចង់ ទិញអចលនទ្រព្យមួយចំនួនតូចសម្រេច ពន្យារពេលទិញដែរ ដោយសារពួកគេ មានការពយ ្រួ បា រម្ភទាក់ ទ ងទៅន ង ឹ កា ររត់ ការឯកសារប័ណក ្ណ ម្មស ិទ្ធិ»។ ចំណក ែ លោ ក សន ស ៀប ប្រធានគ្រប-់ គ្រងទូទៅនៃក្រុមហ៊ុន ឃី រៀលអេស្ទេត

មិនបានយល់ដូចការលើកឡើងខាងលើ ទេ ដោយលោកបានអះអាងថា ការទិញ អចលនទ្រព្យនៅអំឡុងពេលឃោសនា បោះឆ្នោតនាឆ្នាំ២០១៣នេះ ហាក់មាន សភាពស្ងប់ស្ងាត់ជាងពេលធម្មតា បើ ទោះបជា ី កា រសង ្វែ រកទតា ី ង ំ អ ចលនទព ្រ យ្ នៅមានសកម្មភា ពដច ូ ដ ម ើ ក ដោ ៏ យក៏កា រ សម្រេចចិត្តទិញ ហាក់នៅមិនទាន់មាន ភាពច្បាស់លាស់។ លោកបានថ្លែងថា៖«អតិថិជនដែល មកស្វែងរកសេវាកម្មនៅក្រុមហ៊ុន ឃី រៀលអេស្ទេត នៅតែមានចំនួនច្រើន ដដែល ហើយពួកគេតែងតែទៅមើល ទីតាំងដែលយើងបានបង្ហាញដល់ពួកគេ ប៉ុន្តែនៅពេលនិយាយពីការធ្វើកិច្ចសន្យា ទិញ ពួកគា ត់ម យ ួ ច ន ំ ន ួ ហា ក់នៅ មា នចត ិ ្ត រារែក ដោយនិយាយថា ចាំមើលសភាព ការណ៍ក្រោយការបោះឆ្នោតស ិន»៕

Property market remains stable during election Hin Pisei

lthough the country’s latest election campaign has arrived, experts say the property market has not declined, unlike during previous elections. Political factors, knowledge and experience of the past have played an important role for buying and selling property in Cambodia. The property market is different showing different

sign to that of the previous four elections (in 1993, 1998, 2003 and 2008), said Dith Channa, general manager of VMC Real Estate Cambodia, adding that previously, three to six months before polling, real estate sales were always down, because buyers were waiting for the election results. “Although the fifth parliamentary elections will be held in July 28, buying and selling properties has not gone down from early 2012, especially in the first half of 2013,” he said. The factors keeping the real

estate sales on the rise include three main reasons; first, the trust in political stability from people and the politicians’ maturity; secondly, capital investment increase from more local investors such as Vattanak, and Canadia banks, as well as the development of construction residences, boreys, warehouses and commercial hubs; third, the increase in foreign investors such as from Malaysia, the UK, China, and Korea, especially in 2013. Chailin Sear, CEO of CL Realty C. said “The stable political factor has played

an important role in helping promote the value of properties now. The upcoming elections do not make people worried about the political chaos; therefore, purchasing and selling are better,” he said. Although the elections in Cambodia are seemingly better, feelings are still somewhat precautionary in Cambodians’ minds, especially after the fourth parliamentary elections in 2008 when many property investors were in the red due to political deadlock and the effects of the global financial crisis.

Po Eavkong, managing director of Asia Real Estate Cambodia said the election process does not affect the sales of real estate; what affects the buying and selling now is the price, because most property owners now have set the price very high, making buyers hesitate, “In general, I observe that buying and selling the properties do not change because many consumers come to seek Asian Real Estate company services every day,” he said. “However, now those who want to buy a small number of properties also decide to

delay because they are worried about the document process as well,” Earvkong Kong said However Sorn Seap, general manager of KEY Real Estate disagreed, saying the buying of property during the election campaign this year seems quieter than normal. “Consumers seeking information from KEY Real Estate often look at the locations we show them, but when it comes to the purchase contract some of them seem hesitant, saying they have to wait and see the post-election situation first,” he said.

YOUR REAL ESTATE EXPERTS

POSTKHMER.com

www.phnompenhpost.com •July 04, 2013

ការផត ្គ ផ ់ ង ្គ កា ់ រិយាល័យលដា ំ ប់BនិងCមិនទាន់ឆយ ើ្ល តបតម្រវូ ការ សីវុ ម៉ង េ ភ្នំពេញៈ ការកើនឡ ើងនៃអ្នកវិនិយោគ ក្នុងស្រុក និងក្រៅស្រុកនាពេលបច្ចុប្បន្ន នេះបានធឲ ្វើ យ្ ត ម្រវូ កា រអគារការិយាល យ ័ ជួលល ំដាប់ B និង C មានកាន់តែ ច្រើន ខណៈការផ្គត់ផ្គង់នៅមានចំនួនត ិចតួច។ លោក ច្រឹក សុខនីមអគ្គនាយករងនៃ ក្រុមហ ៊ុនអចលនទ្រព្យ VTrust Group បានបប ្រា ថា ់ ការិយា ល យ ័ ជ ល ួ ល ដា ំ ប់B កំពង ុ មា នតម្រវូ កា រខស ្ព ់ ហើយកា រផត ្គ ផ ់ ង ្គ ់ នាពេលបច្ចុប្បន្ននេះក៏មិនទាន់ឆ្លើយតប នឹងតម្រូវការជាក់ស្តែងបានដែរ ចំណែក អគារការិយាល័យជួលលំដាប់ C វិញក៏ កំពុងខ្វ ះខាតដែរ ដោយសារការហូរច ូល យ៉ាងច្រើននៃអ្នកវិនិយោគមកពីប្រទេស មួយច ន ំ ន ួ ដ ច ូ ជា ចិន ជ ប៉ន ុ ក រ ូ ៉េនិងបណ្តា ប្រទេសផ្សេងៗទៀត។ លោកថ្លែងថា៖«ធម្មតាក្រុមហ៊ុនដែល ចាប់ផ ម ្តើ ប ក ើ ដ ណ ំ រើ កា រដប ំ ង ូ ព ក ួ គ តែ េ ង តែជួលការិយាល័យលំដាប់ B ប្រើប្រាស់ មុនពេលដែលពួកគេផ្លាស់ទៅកាន់អគារ ការិយាល យ ័ ល ដា ំ ប់Aខណៈការិយាល័យ ជួលល ដា ំ ប់ A ក៏នៅ មា នកម្រត ិ ផ ងដរែ » ។ លោកបន្តថា ៖«អ គារការិយាល យ ័ ល ដា ំ ប់ B គឺប ្រៀបដច ូ ជា ផ រ្កា ក ី គ ប ្រ រ់ ដូវអ ច ី ង ៊ឹ ព្រោះ ក្រោយពេលមានវិបត្តិសេដ្ឋកិច្ចសាកល ឆ្នាំ២០០៨មានក្រុមហ៊ុនមួយច ំនួនបា ន បង្រួមការិយាល ័យ ឬផ្ទេរការិយាល ័យពី លំដាប់ A ម កលដា ំ ប់ B ដើមប្ កា ី ត់ប ន្ថយ ការចំណាយ»។ តែទោះបយ ី ង ៉ា ណាក៏នៅ ព ល េ ន េះគ ក៏ េ សង្កេតឃើញថា មានអគារការិយាល ័យ ជួលល ដា ំ ប់ B ម យ ួ ច ន ំ ន ួ ត ច ូ នៅ ទ ន ំ រេ ផ ង ដែរ ដោយសារតសេ ែ វាក ម្ម ទីតាង ំ និងកា រ គ្របគ ់ ្រងមិនសូវល្អ។ បច្ចប ុ ប្ ន្នអ គារការិយាល យ ័ ជ ល ួ ល ដា ំ ប់ B មានតម្លច ៃ ន្លោះព ៨ ី ដ ល់១ ៣ដល ុ រ្លា និង អគារការិយាល យ ័ ជ ល ួ ល ដា ំ ប់ C មានតម្លៃ

អគារការិយាល័យជល ួ ល ដា ំ ប់B ដល ែ សត ិ្ថ នៅកង ុ្ន បរិវណ េ Phnom Penh Center ។ រូបថត ហឹន ុ ពិសី

ក្រោម៨ដុល្លារក ្នុងមួយម ៉ែត្រការ៉េ។ លោកសុខនីម បានប្រាប់ទៀតថា នា ពេលបច្ចុប្បន្ននេះអគារការិយាល័យជួល លំដាប់ Aនៅភព ្នំ ញ េ មាននៅស ល់ក ន្លង ែ ទំនេរច្រើន ប៉ុន្តែប្រសិនបើយើងប្រមើល មើលទៅរយៈពេលវែងនោះចំនួននេះមិន ទាន់គ្រប់ទៅតា មតម្រូវកា រនោះទេ ព្រោះ បច្ចប ុ ប្ ន្នអ គារការិយាល យ ័ ជ ល ួ ល ដា ំ ប់ A មានតែបីប៉ុណ្ណោះនៅភ្នំពេញ គឺPhnom Penh Tower, Canadia Tower និង Vattanac Towerដូច្នេះនៅ ព ល េ ក ម្ពជា ុ ធ្វស ើ មាហរណកម្មស ដ េ ក ្ឋ ច ិ ទៅ ្ច ក ង ្នុ ត ប ំ ន់ អាស៊ាននៅចុងឆ្នាំ២០១៥ខាងមុខនោះ ចំនន ួ កា រិយាល យ ័ ជ ល ួ ល ដា ំ ប់A មិនអា ច ឆ្លើយតបនឹងតម្រូវការបានទេ។ លោក ឌឹត ច ណ្ណាប្រធានគប ្រ គ ់ ង ្រ ទូទៅ

Are you having troubles on managing your property? A strong history within the field of serviced apartment and office space management

នៃក្រុមហ៊ុនអចលនទ្រព្យ វីអឹមស៊ី បាន និយាយថា ដោយសារការវិនិយោគក្នុង វិស័យនេះនៅមានកម្រិត និងតម្រូវការ ចេះតែកើនឡើងយ៉ាងគំហុកក្នុងឆ្នាំ ២០១២ និងឆ្នាំ២០១៣នេះ បានធ្វើឲ្យ ការផត ្គ ផ ់ ង ្គ អ ់ គារការិយាល យ ័ ជ ល ួ ល ដា ំ ប់ B និង C មិនអាចឆ្លើយតបបានតាម តម្រូវការជាក់ស្តែងបានទេ។ លោកបាន ប្រាប់ឲ្យដឹងទៀតថា អគារការិយាល័យ ជួលលំដាប់ B មានតម្លៃចន្លោះពី៥ទៅ ១០ដល ុ រ្លា និងអ គារការិយាល យ ័ ល ដា ំ ប់ C មានតម្លចា ៃ ប់ព ២ ី ដ ល់៥ ដ ល ុ រ្លា ប ណ ៉ុ ្ណោះ ក្នុងម ួយម៉ែត្រការ៉េ។ លោក ខាត់ សុវណ្ណ ប្រធានគ្របគ ់ ្រង ទូទៅនៃក្រុមហ៊ុនអចលនទ្រព្យ ខេមថប បានទទួលស្គាល់ថា អគារការិយាល័យ

Phnom Penh Tower ជាការិយាល័យលំដាប់ A ។ ហុង មិនា

លំដាប់ B និងC ពិតជា នៅខ្វះខាតមែន។ លោកបានបប ្រា ទ ់ ៀតថាអ្នកវន ិ យោ ិ គមក ពីក្រៅប្រទេសចន្លោះពី៨០ទៅ៨៥ភាគ រយតង ែ ត ត្រ ែ វូ កា រអគារការិយាល យ ័ ជ ល ួ លំដាប់ B និង C សម្រាបធ ់ កា ្វើ រព្រោះព ក ួ គេមិនចង់ច ំណាយច្រើន។ លោកបានបញ្ជាកថា ់ ៖« ការផត ្គ ផ ់ ង ្គ ម ់ ន ិ ទាន់ឆ យ ្លើ ត បនឹងត ម្រវូ កា របប ែ ន េះព្រោះ អ្នកវន ិ យោ ិ គលវើ ស ិ យ ័ ស ណ ំ ង់គ មិ េ នស វូ ចង់វន ិ យោ ិ គលអ ើ គារការិយាល យ ័ ជ ល ួ ទេ ដោយភាគចន ្រើ គ វិេនយោ ិ គទៅល ខ ើ ន ុ ដូ និងអា ផាតមិន។ បច្ចុប្បន្នតំបន់សាងសង់អគារការិយា- ល័យល្អជាងគេនៅរាជធានីភ្នំពេញមាន ដូចជា ប ង ឹ កេងកងទន្លបាសាក់ េ ដូនពេញ បឹងរាំង ន ិងតំបន់ទ ួលទំពូងជា ដើម។

មានអ្នកជំនាញអចលនទ្រព្យជាច្រើន បាននយា ិ យថា ជា កា រលប ្អ ស ្រ ន ិ ប គ ើ ចាប់ េ ផ្តើមវិនិយោគទៅលើអគារការិយាល័យ ជួលចាប់ពីពេលនេះទៅ ព្រោះនៅ ចុងឆ្នាំ ២០១៥តម្រូវការនឹងកើនឡ ើងច្រើន។ ទាក់ទងនឹងការវិនិយោគអគារការិយា ល័យជ ល ួ លោក សុវណ្ណបាននិយាយថា ៖«មុនវិនិយោគអគារការិយាល័យជួល អ្នកវិនិយោគគួរពិគ្រោះយោបល់ជាមួយ អ្នកជំនាញផ្នែកអចលនទ្រព្យជាមុន។ ដើម្បីឲ្យការវិនិយោគអគារការិយាល័យ ជួលទទួ លបា នជោគជ័យទា មទារនវូ ក ត្តា សំខាន់ៗចំនួនបីគ ឺ ទី១ ទីតាំង និងតម្លៃ ទី២ ស វា េ កម្មនិងការងារគ្របគ ់ ង ្រ និងទី៣ ការរៀបចំត ប ុ ត ង ែ ខា ងកង ្នុ និងក អគារ ្រៅ ដើម្បីឲ្យមា នភាពទាក់ទាញ៕

YOUR REAL ESTATE EXPERTS

July 04, 2013 • www.phnompenhpost.com

POSTKHMER.com

Far East buyers beware in London property rush Brenda Goh

hen Hong K o n g businessman Mr He paid a $56,000 deposit on a four-bedroom apartment in Britain, he believed it was a 40-minute walk from central London, his lawyer says. In fact it was a 40-minute journey by high-speed train. The $550,000 pound home was in Lincolnshire, eastern England. He sued the developer for misrepresentation last year, getting his money back before the case got to court in what his lawyer told Reuters was an attempt by the developer to avoid its marketing material being splashed around a courtroom. His experience shows the potential pitfalls facing a growing number of Far Eastern people buying British homes unseen, as developers target places such as Hong Kong, Shanghai and Singapore because British buyers are struggling to get mortgages. “It is a matter of developers saying: ‘Here are some people who are likely to be interested. They probably do not know too much about the market, so why don’t we advertise there’,” said David Eldon, former chairman of HSBC’s Asia unit, who has witnessed the practice during two decades in Hong Kong. “I think they are being a little economical with the truth,” he told Reuters, saying properties could be sold for higher prices in the Far East. Major developers including Barratt, Taylor Wimpey and Berkeley have stepped up efforts to court cash-rich Far Eastern buyers since 2009 after the global financial crisis sapped demand at home. Developers do not all use exactly the same marketing methods. Berkeley said it had had many repeat purchases from Asian buyers over 20 years,

Canary Wharf and the River Thames in east London. Bloomberg

although it acknowledged a mistake in one of its press releases. Taylor Wimpey said it offered a high level of service to all customers. Barratt declined to comment. The number of Chinese and Pacific Asian buyers of the best quality newly built London homes jumped to 37 per cent in 2010 from four per cent in 2009, data from property consultancy Savills showed. The majority purchase for investment and are used to buying off-plan - before the home is built. Mr He was told his flat was 40 minutes from central London at a face-to-face meeting with the developer, said David Linklater, head of litigation at law firm Alan Broadhurst, who represented He. Broadhurst declined to give his client’s full name or the developer’s identity. “Lots of people go to the fairs in Hong Kong and get a sheet of paper with a picture of Big Ben. You think you are going to be the Queen’s neighbour when actually the Queen has a great big garden with a big wall around it,” said Linklater, who deals with 20-30 unhappy overseas buyers a year. Sold at exhibitions in plush hotels, many properties are not in the most desirable

London neighbourhoods despite the prominent pictures of Harrods or Buckingham Palace. Details of exact locations tend to be omitted rather than inaccurate. “There is a lot of embellishment going on working off the naivety of the Chinese buyer,” said James Moss, managing director of property consultancy Curzon Investment Property. A brochure advertising 375 Kensington High Street, a luxury London scheme marketed in the Far East and developed by a Berkeley joint venture alludes to the proximity of the High Street Kensington underground station in a brochure entitled “London’s most sought after new address”. The station, which is at the heart of one of London’s most popular shopping districts, is a 15-20 minute walk away while the flats are at the scruffier end of the same long street and closer to two other tube stations. In a press release issued in Hong Kong, the development was described as “a short walk from the luxury shopping available at Harrods”. The world-famous store is a 50-minute walk according to the Transport for London website. “To an unsuspecting buyer, you think wow, it is amazing,

but actually it is the wrong end of Kensington High Street, right next to Kensington Olympia,” said Camilla Dell, managing partner at Black Brick Property Solutions, which helps overseas buyers find London homes. A Berkeley spokesman said the “short walk” description was “an error”. “We have had a lot of customers from Asia over the last 20 years, many of whom are repeat purchasers,” he said. “It (the development) has excellent transport links and easy access to well-known shops; the distances to which are clearly marked in our brochure. In addition, by far the majority of buyers have or will visit our developments before buying.” Ingrid Skinner, managing director of Taylor Wimpey Central London, said: “Buyers need to be able to trust the company they are buying

from. At Taylor Wimpey we offer the same high level of service to all of our customers.” The ballrooms of Hong Kong’s luxury hotels hold property shows nearly every weekend. The city’s two Mandarin Oriental hotels are particularly popular. At one event attended by Reuters, prospective buyers were offered San Pellegrino bottled water, chocolate cupcakes and a choice of finger sandwiches. An HSBC banker was on hand to help with financing and a lawyer in case a purchaser was ready to sign. Buyers can feel the pressure. Judith, a native of Zhejiang in China who lives in London and declined to give her full name, said her father paid the deposit on six off-plan flats in Colindale, north London, at a Shanghai exhibition a year ago despite the fact she warned him about its remote location. “The moment my father sat

down, the agent wanted him to pay a reservation fee. Once he showed that he liked them, they said he had to pay the fee or someone else would snap them up,” she said. They are in a legal dispute with the agent in an attempt to recover $38,000, claiming they were sold the properties on the basis they could be converted into nine units, which they subsequently discovered was not possible. “The developer and agent are not obliged to educate the buyers, it is down to the buyers to educate themselves,” said Ken Xiao, president of Chinese Property Professionals Society in London. “Of course the agents will try to show the shiny side because they are trying to sell the property.” There may be little legal recourse. Those buying new homes as an investment are not protected under the National House Building Council’s consumer code as opposed to those looking to occupy them, a spokeswoman for the watchdog told Reuters. Estate agents said overseas buyers of property as an investment were at risk of getting lower-than-expected returns as the mass marketing of the homes at events meant many landlords would likely have to vie for tenants all at once, pushing rents down, Dell said. “I have yet to see a development where the rents have exceeded the advertised rent,” said Ashley Jones, managing director at London-based estate agent Barclay Residential. “I cannot see all of this having a happy ending.” REUTERS

YOUR REAL ESTATE EXPERTS

POSTKHMER.com

www.phnompenhpost.com •July 04, 2013

Chit Uys Stevexo talks about business evaluation in Cambodia

roperty company the VTrust Group is providing a new service of business evaluations in Cambodia. This new service will help investors and business owners with the sale and purchase of businesses so that everyone benefits. This new service will not only improve the business environment, but it is hoped will also attract more investors to come to Cambodia. To find about out the new service, Siv Meng talked to Chit Uys Stevexo, the executive director of VTrust Group. Why is VTrust Group launching this service? VTrust Group is launching this service based on a number of factors: VTrust Group sees much potential when Cambodia becomes economically integrated into ASEAN. Then, there will be more investors coming to Cambodia, and we see that Cambodia is starting to strengthen taxation, so all companies need to evaluate themselves so that it is easy to audit. What benefits will it provide to customers? Cambodia’s political and economic stability will attract more foreign investors to Cambodia. If foreigners come to invest in any country, most

of them do not start new businesses, so they partner with any company they buy or contribute shares to domestic companies. So when they want to buy the company, they need the evaluation before they make a decision. Then, they will seek an evaluation company to help and facilitate their decision-making about what price they should buy. In addition, when a seller wants to sell any part or all of their company, they also need our service to decide what price they should sell within the current market context. Therefore we will provide this service for those who want to sell or those who want to buy a business. They all can discuss it with us. We can discuss with them about documents they have and what price they want to sell; that is, they can engage us to do the evaluation of their business. With this, we will receive a lot of benefits: If they sell, they will not incur any loss and they will receive the price they deserve, but businessmen in Cambodia currently do not understand this issue. This service is new to Cambodia. How do you plan to make entrepreneurs understand this issue? It is a new service in Cambodia, but it is not for international companies. Most businessmen or entre-

Chit Uys Stevexo, CEO of VTrust. Photo Supplied

preneurs in Cambodia seem not to understand the importance of business evaluation, because many companies which want to sell their businesses do not get any consultation on this issue. I can provide the consultation without charge, and when they use our service, they can sell at 50 to 100 per cent over their sale price. This service is new to Cambodia, so if we advertise it widely, those who want to sell their business will not incur loss. What is the fee for customers? We charge customers at lower rate

than the broker who charge 3 per cent. We charge only 1 per cent. Does VTrust Group have experts to do this job? VTrust Group hires foreign experts to do this job, and we also have local experts who have been trained by an agency of the Netherlands’ government. In addition, VTrust Group is also a member of the American Evaluation Association, from which we receive a lot of information, and we always pay the membership dues every year. VTrust Group is also a member of the ASE-

AN Evaluator Association. Does VTrust have experience in providing this service to big companies in the country? We have much experience in this work because we provided the evaluation for Phnom Penh Water Authority, which is listed on the stock exchange, for Preah Sihanouk Port, for Telecom Cambodia, which are prepared to be listed in the near future, for Rural Development Bank and two other private companies which are preparing to be listed on the stock exchange. What kind of evaluation are accepted by investors and entrepreneurs? What are the indications that the evaluation is correct? The business evaluation relies on three main principles: The evaluation is comparative. For example, the company is in operation or not? The price of the company? So we compare the size, and then we will find the price. Another point is that we evaluate the income potential of the company. How much the company can earn? Another technique is the evaluation of net assets. So the evaluation will look at the company’s potentials such as land, building, and the business. How much they can sell and buy it according to the actual situation?

Different types of hard title certificates on immovable property

hat is a hard title certificate? A hard title certificate on immovable property refers to a title document, issued by a competent government authority (ie the Land Office), recognizing the lawful possession or ownership over an immovable property. How to recognize a hard title certificate? Actually, there are many forms of hard title certificates, which co-exist as of today. This is an evidence of evolution of the land law in Cambodia during the past

few decades and Cambodia’s continued effort to improve land rights and legal security for land use through comprehensive land planning and land reform programs. Since 1989, different forms of hard title certificates have been issued by the relevant authorities through different land registration systems, namely: (i) certificate of possession and use of land (known as chicken feather title certificate), (ii) certificate of possession on immovable property, (iii) certificate of owner of immovable property (old format), and (iv) certificate of owner of immov-

able property (new format or LMAP format). Besides the above certificates, there are more recent co-owned building-related certificates that identify ownership over common space of a co-owned building and the underlying land and ownership over private units in a coowned building. So what is the legal value of each hard title certificate? Interestingly, only the certificates of owner of immovable property both in old and new formats and co-owned building related certificates are evidence of ownership over an immovable property. The

certificate of possession and use of land and the certificate of possession on immovable property are only evidence of possession over an immovable property, yet duly registered in the land register. It is however worth noting that all the above formats of hard title certificates bear with more or less the same validity and reliability, even though the government, and, specifically, the Ministry of Land Management, Urban Planning and Construction, are working towards harmonizing all hard title certificates and ultimately to have only LMAP format title deeds through its

land reform program and its country-wide systemic land registration process. What information is contained in a hard title deed? Regardless of its format, a hard title certificate contains basic information on (i) identity of the immovable property (location, drawing shape, identification number of land plot, type of property and size), (ii) owners’ identity, such as name, date and place of birth and their parents’ identity), and (iii) other information, such as history and existing charges, encumbrances on the immovable property.

BUN & ASSOCIATES 29 St. 294, P.O. Box 2326 Phnom Penh, Cambodia T +855 (0) 23 999 567 F +855 (0) 23 999 566 E info@bunassociates.com www.bunassociates.com This article is for your information only. It is not intended to be comprehensive, and it does not constitute and must not be relied on as legal advice. You must seek specific advice tailored to your circumstances. Bun & Associates owns the copyright of this article. If you seek to reproduce or otherwise use this article or any part of it in any way, it is your responsibility to obtain approval for such use.

YOUR REAL ESTATE EXPERTS

July 04, 2013 • www.phnompenhpost.com

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ត្រមា ី សទ២ ី ឆន ំ្នា ះេ តម្រវូ ការឃង ំ្លា ជល ួ មានកណ ំ ន ើ តច ិ តច ួ សីវុ ម៉ង េ ភ្នព ំ ញ េ ៈ តម្រវូ ការឃង ំ្លា សម្រាបជ ់ ល ួ ក្នង ុ ត្រមា ី សទ២ ី ឆ្នា២ ំ ០១៣នេះមានកំណន ើ តិចតួចបើប្រៀបធៀបទៅន ង ឹ ត មា ្រី សទ១ ី ឆ្នាំ២០១៣ នេះបើតាមការឲ្យដឹងពីក ្រុម អ្នកជំនាញផ្នែកអចលនទ្រព្យ។ លោក ប៉ូ អ៊ាវគង់ ប ធា ្រ នគប ្រ គ ់ ង ្រ ទ ទៅ ូ នៃក្រុមហ៊ុន អេស៊ា រៀលអេស្ទេត បាន និយាយថា តម្រូវការឃ្លាំងជួលក្នុងត្រី មាសទ២ ី ន េះ មានការបប្រ ្រែ ល ួ ត ច ិ ត ច ួ ប ើ ប្រៀបធៀបនឹងត្រីមាសទី១ ប៉ុន្តែទោះបី យ៉ាងណាក៏ដោយក៏តម្រូវការឃ្លាំងជួល នៅតែមានជាហូរហែដដែល ខណៈកាល ពីត មា ្រី សទ១ ី ត ម្រវូ កា រឃង ្លាំ មា នការកន ើ ឡើងយ៉ាងច ្រើន។ លោកបានប្រាប់ទៀត ថា បច្ចុប្បន្នឃ្លាំងជួលនៅតាមបណ្តោយ ផ្លូវវេងស្រេង និងក្នុងខណ្ឌដ ង្កោមានតម្លៃ ប្រហែល២ដុល្លារ ចំណែកនៅបណ្តោយ ផ្លវូ ជា តិល ខ េ ៤ដែលមា នចម្ងាយប ហ ្រ ល ែ ១០គឡ ី ម ូ ត ៉ែ ្រ ពីរា ជធានីភ ព ្នំ ញ េ មា នតម្លៃ ចន្លោះព ១ ី ,៨ទៅ២ ដុលរ្លា អាមេរក ិ និងនៅ ក្នុងទីក្រុងម្តុំតំបន់ទួលគោក ដែលមាន ឃ្លាង ំ ប ភ ្រ ទ េ ត ច ូ ៗសមប ្រា ស ់ ក ុ្ត ទ ន ំ ញ ិ នោះ មានតម្លៃចន្លោះពី៣ទៅ៤ ដុល្លារក្នុងម ួយ ម៉ែត្រការ៉េក្នុង១ ខែ។ លោក គីម ហ ង ៊ា នាយកកម ្រុ ហ៊ន ុ អច- លនទ្រព្យ ខ្មែរ បានយល់ឃើញស្រដៀង គ្នានឹងការលើកឡើងខាងលើដែរ ដោយ លោកមានបសា ្រ សន៍ថា បច្ចប ុ ប្ ន្ននេ ះតម្រវូ ការឃ្លាំងមិនសូវមានភាពរស់រវើកទេ បើ ទោះជាមានតែដីទំនេរធំៗច្រើននៅជាយ ក្រង ុ ក ដោ ៏ យ ខណៈតម្រវូ កា រមានការកន ើ ឡើងក្នុងរង្វង៥ ់ ភាគរយក្នុង១ឆ។ ្នាំ

លោកបានថង ែ្ល ថា ៖«ផ លវបា ិ កសម្រាប់ ឃ្លាង ំ ជ ល ួ នៅ ព ល េ ន េះគ ឺ អ្នកត វ្រូ កា រឃ្លាង ំ គេចង់បានឃ្លាំងដែលសង់រួចស្រាប់ៗតែ ម្ចាស់ដីភាគច្រើនគាត់មិនហ៊ានសង់ទុក នោះទេ ព្រោះខ្លាចគ្មានអ្នកជួល។ ដូច្នេះ នៅពល េ មា នតម្រវូ កា រទប ើ ចា ប់ផ ម ្តើ សាង សង់ ហើយការសាងសង់អាចប្រើរយៈ ពេល៥ទៅ៦ ខែដែលពេលនោះអ្វីៗអាច នឹងត្រូវហួសព េល»។ នាយកកម ្រុ ហ៊ន ុ អ ចលនទព ្រ យ្ ខ្ម រែ ខាង លើបានប្រាប់ទៀតថា ការស្វែងរកឃ្លាំង ជួលនៅកណ្តាលរាជធានីភ្នំពេញពិតជា លំបាកខ្លាំងណាស់ជាពិសេសនៅ មផ ្តុំ ្សារ អូឡាំពិក ដោយសារបច្ចុប្បន្នដីនៅតំបន់ នោះមួយម៉ែត្រការ៉េមានតម្លៃចន្លោះពី ២០០០ទៅ២ ៥០០ដល ុ រ្លា រច ួ ទៅ ហ យ ើ ។ ម្ចាសដ ់ នៅ ី ត ប ំ ន់នោះភាគចន ្រើ គ មិ េ នច ង់ សង់ឃ្លាំងទ ុកជួលនោះទេ ព្រោះការសង់ ឃ្លាំងមួយម៉ែត្រការ៉េ អាចចំណាយប្រាក់ អស់ព ី១០០-១២០ដុល្លារ តែដល់ពេល ជួលបាន តម ្រឹ ត ជាង ែ ២ដ ល ុ រ្លា ប ណ ៉ុ ្ណោះក ង ្នុ មួយកា រ៉េដូច្នេះគ ត្រ េ វូ ប រ្រើ យៈពល េ រហូត ដល់ប្រាំឆទ ្នាំ ើបរួចខ្លួន។ ចំណែកលោក ខាត់ សុវណ្ណ ប្រធាន គ្រប់គ្រងទូទៅនៃក្រុមហ៊ុនអចលនទ្រព្យ ខេមថ ប បានយល់ឃ ញ ើ ផ យ ្ទុ ព កា ី រលក ើ ឡើងខាងលើ ដោយលោកអះអាងថា តម្រូវការឃ្លាំងជួលមានកំណើនខ្ពស់គួរ សម ព្រោះការផ្គត់ផ្គង់នៅពេលនេះមិន ទាន់ឆ យ ្លើ ត បនង ឹ ត ម្រវូ កា របានទេ ដោយ សារអក ្ន វន ិ យោ ិ គចន ្រើ ម កពប ី ទ ្រ ស េ ចិន ជប៉ុន និងមកពីបណ្តាប្រទេសនៅប៉ែក អឺរ៉ុបចូលមកវិនិយោគនៅកម្ពុជាកាន់តែ ច្រន ើ ។ លោកបានបន្តទ ៀតថា កាលពីចង ុ ឆ្នា២ ំ ០១២និងដ ម ើ ឆ ២ ្នាំ ០១៣នេះត ម្រវូ ការឃង ្លាំ ជ ល ួ ភា គចន ្រើ មា នទហ ំ ៥ ំ ០០០

ឃ្លាង ំ ជួលនៅរាជធានីភ ព ុំ្ន ញ េ មានតម្លចន្លោ ៃ ះពី ៣-៤ដល ុ រ្លា កង ុ្ន ១ម ត ែ៉ ការ៉ ្រ េ ។ រូបថត ផា លីណា

ម៉ែត្រការ៉េចុះ ប៉ុន្តែបច្ចុប្បន្នតម្រូវការមាន ការបប ្រែ ល ្រួ ច ន ្រើ ជា ងមន ុ ដោយអក ្ន វិន-ិ យោគភាគចន ្រើ គ ត្រ េ វូ កា រឃង ្លាំ ដ ល ែ មា ន ទំហធ ំ ជា ំ ង១០០០០មត ៉ែ កា ្រ រ៉េហើយនៅ តាមបណ្តោយផ្លូវជា តិសំខាន់ៗ។ លោកបានអះអាងថា៖ « ត ម្រវូ កា រឃង ្លាំ ភាគច្រើនគ្របដណ្តប់នៅតាមបណ្តោយ

ផ្លវូ ជា តិល ខ េ ៤ លេខ៣ ន ង ិ ល ខ េ ២ ដោយ សារការដក ឹ ជ ញ្ជន ូ នៅ ត ប ំ ន់ទា ង ំ នោះមាន ភាពងាយស្រួល និងជាច្រកសេដ្ឋកិច្ចដ៏ សំខាន់» ។ លោកបន្តថា ៖« ត ប ំ ន់ជាយក្រង ុ តម្រូវការឃ្លាំងជួលមានកំណើនក្នុងរង្វង់ ១០ភាគរយក្នុង១ឆ្នាំ និងនៅក្នុងទីក្រុង តម្រវូ ការមានកាន់ត ខ្ព ែ សដោ ់ យអាចមាន

កំណើនចន្លោះពី ១០ទៅ១៥ភាគរយ»។ លោក សុវណ្ណ បា នបន្តថា បើបៀ្រ បធៀប នឹងឆ្នាំ២០០៧-២០០៨មុនពេលមាន វិបត្តស ិ ដ េ ក ្ឋ ច ិ ្ច និងហ រិ ញ្ញវត្ថសា ុ កល ឃ្លាង ំ ជួលមានតម្លៃជាមធ្យមចន្លោះពី១ទៅ ១,៥ដុលរ្លា ប៉ន ុ ពេ ្តែ លន េះត ម្លមាន ៃ ចន្លោះ ពី១,៥ទៅ២ដុល្លារ៕

តម្លផ ៃ ះ្ទ នៅសង ិ ប ្ហ រុ ក ី ន ើ ឡង ើ កង ុ្ន តមា ី្រ សទី២ Pooja Thakur

តម្លអចលន ៃ ទព ្រ យ្ នៅសង ិ ប ្ហ រុ ី ជាប់ចណា ំ ត់ថ ក ្នា ទ ់ ២ ី នៅទប ី្វ អាសី៊ ។ Bloomberg

សិង្ហបុរីៈ តម្លៃផ្ទះនៅប្រទេសសិង្ហបុរី បានកើនឡើងដល់កម្រិតខ្ពស់បំផុតនៅ ត្រីមាសទី២នេះ ដោយសារកំណើនត ម្លៃ ផ្ទះនៅ ត ប ំ ន់ជា យកង ្រុ បា នហក់ឡ ង ើ ខ ស ្ព ់ ដោយជរំ ញ ុ ឲ្យរដ្ឋាភបា ិ លចាត់វធា ិ នការថ្មី លើឥ ណទានទញ ិ ផ ្ទះកាល ពច ី ង ុ ស ប្តាហ៍ កន្លងម ក។ សន្ទសស្ ន៍ត ម្លលំ ៃ នៅឋា នសក ្នា នៅ ់ ឯ ក ជនរបស់ប ទ ្រ ស េ ដ ល ែ ស ត ្ថិ នៅ ល ដ ើ កោ ី ះ នេះបា នកន ើ ឡ ង ើ ព ០ ី ,៨ភាគរយក្នង ុ រយៈ ពេលបីខែ ដែលបានបញ្ចប់កាលពីថ្ងៃទី ៣០ ខែមថ ិ នា ុ និងប ន្តក ន ើ ឡើងលើកណ ំ ន ើ ០,៦ភាគរយកាលពីត្រីមាសទីមួយ នេះ បើយោងតាមការប៉ាន់ប្រមាណជាបឋម ដែលច ញ េ ផ សា ្ យដោយអាជ្ញាធរផក ្នែ អ ភិ- វឌ្ឍន៍ទ ីក្រុងកាលពីដើមសប្តាហ៍នេះ។ កំណើនតម្លៃផ្ទះនៅតំបន់ជាយក្រុង បានកើនឡ ង ើ ជា ង២ដងធៀបនង ឹ ក ណ ំ ន ើ ថ្លៃនៅត្រីមាសទីមួយ។ តម្លៃផ្ទះខ្ពស់បំផុតនៅពេលដែលអត្រា

ការបក ្រា មា ់ នកម្រត ិ ទា បបានជរំ ញ ុ ឲ យ្ មា ន ក្តីបារម្ភពីកំណើនថ្លៃអចលនទ្រព្យ ដែល បានជំរុញឲ្យរដ្ឋាភិបាលសិង្ហបុរី បង្កើន យុទនា ្ធ ការកង ្នុ រយៈពល េ ប ន ួ ឆ កា ្នាំ លពីខ ែ មករា ដើមប្ ទ ី ប់ស ត ្កា កា ់ រកន ើ ឡ ង ើ ន តម្ល ៃ ៃ អចលនទ្រព្យនៅក្នុងប្រទេសដែលមាន អចលនទ្រព្យថ្លៃជាងគេទីពីរនៅអាស៊។ ី កាលពីថ្ងៃទី២៨ ខែមិថុនា កន្លងមក ប្រទស េ ស ង ិ ប ្ហ រុ ី បានបកា ្រ សចបា ្ ប់ថ ស ្មី ព ្តី ី ការគ្រប់គ្រងវិធីសាស្ត្រដែលគ្រឹះស្ថាន ហិរញ្ញវត្ថុផ្តល់កម្ចីទិញផ្ទះដល់អតិថិជន ដោយបង្កន ើ ក ច ិ ខ ្ច ត ិ ខ ប ំ ង ្រឹ ប ង ្រែ ទ ប់ស ត ្កា ់ កំណើនថ ្លៃអចលនទ្រព្យខ ្ពស់ពេក។ លោក Desmond Ch'ng និងលោក Wilson Liew អ្នកវិភាគប្រចាំក្រុមហ៊ុន Maybank Kim Eng Securities បាន ប្រាប់ឲ្យដឹងនៅក្នុងសេចក្តីជូនដំណឹង ដល់អតិ ថជ ិ នកាលពដ ី ម ើ ស ប្តាហន ៍ េះថា ៖«នៅ ក ង ្នុ រយៈពល េ ម ធ្យម អាចមានផល ប៉ះពាល់ជា អ វិជមា ្ជ នមយ ួ ច ន ំ ន ួ ទៅលកា ើ រ លក់អ ចលនទ្រពយ្ ដោយសារតអតិ ែ ថជ ិ ន ត្រូវចំណាយពេលវេលាពិចារណាទៅល ើ កម្រត ិ ន ផល ៃ ប៉ះពាល់។ យើងនៅ ត រក្ ែ សា ទស្សនៈរបស់យើងថា ទីផ្សារលំនៅឋាន

ដ៏ធំមានតម្លៃខ្ពស់បំផុតចំពោះការកាត់ បន្ថយសម្ពាធថ្លៃ»។ ក្រម ុ អ ក ្ន វភា ិ គ បានបន្តឲ យ្ ដ ង ឹ ថា ពួក គ េ ពេញចិត្តចំពោះក្រុមហ៊ុនអភិវឌ្ឍន៍ដែល បានធ្វើពិពិធកម្ម (diversified) និង លក់រាយ។ រីឯតំបន់ជាងក្រុងក៏កំពុងរីក ចម្រើនផ ងដែរ។ តម្លផ្ទ ៃ ះល ង ្វែ បា នធ្លាកច ់ ុះ០,២ភាគរយ នៅតាមសង្កាត់ល្អក្នុងត្រីមាសទីពីរនេះ បើធៀបនឹងកំណើនថ្លៃ ០,៤ភាគរយនៅ ត្រមា ី សទម ី យ ួ ។ យោងតាមទន ិ ន ្ន យ ័ របស់ រដ្ឋាភបា ិ លសិងប ្ហ រុ កាល ី ពដ ី ម ើ ស ប្តាហន ៍ ះេ បានឲយ្ ដ ង ឹ ថា តម្លផ ៃ ្ទះនៅតំបន់ជាយក្រង ុ បានកន ើ ឡ ង ើ ៣ភាគរយនៅតមា ្រី សទព ី រី នេះ បើធ ៀបនង ឹ ក ណ ំ ន ើ ថ ្លៃ១,៤ភាគរយ នៅតមា ្រី សទម ី យ ួ ។ ភាគហន ៊ុ របស់ក ម ្រុ - ហ៊ន ុ CapitaLand Ltd ដែលជា ក ម ្រុ ហ៊ន ុ អភិវឌ្ឍន៍ធំជាងគេនៅសិង្ហបុរី បានធ្លាក់ ចុះ ២ភាគរយ មកនៅត ម ្រឹ ៣,០២ដល ុ រ្លា សិង្ហបុរី ចំណែកភាគហ៊ុនរបស់ក្រុមហ៊ុន City Developments Ltd ដែលជា ក្រុមហ៊ុនអចលនទ្រព្យធំជាងគេទីពីរនៅ ប្រទេសនេះ ក៏បានធ្លាក់ចុះ១,២ភាគរយ ផងដែរ៕Bloomberg/BP

YOUR REAL ESTATE EXPERTS

POSTKHMER.com

www.phnompenhpost.com •July 04, 2013

China’s legions of housing slaves Bonnie Cao and Zhang Dingmin

herry Sheng permitted herself one final splurge before joining China’s swelling ranks of homeowners: a 4,000 yuan ($642) black fur jacket. “I could never afford such a luxury after I start repaying my housing loans next month,” says the Shanghai policewoman. Servicing the two mortgages on the 1.1 million yuan one-bedroom Sheng bought on the city’s western outskirts will eat up about 70 per cent of her salary. Sheng is a fang nu, or housing slave, the popular name for a generation of middle-class Chinese who will need to work a lifetime to pay off their debts. A 1,076-square-foot apartment in one of China’s most affluent cities today costs about 40 years’ annual income, according to data supplied by the government and SouFun Holdings, a company that operates a popular real estate website. “The ‘housing slaves’ term is quite reasonable because it will put a lot of burden on home buyers if housing payments are more than half their incomes,” says Liu Li-Gang, an economist at Australia & New Zealand Banking Group.

Residential buildings stand in the Pudong area of Shanghai, China. Bloomberg

Property prices on the mainland have almost tripled since China’s leadership began a push to encourage homeownership in 1998. That’s when Premier Zhu Rongji allowed residents in state-owned housing developments in urban centres to purchase their dwellings. The idea of buying a property with borrowed money didn’t become popular until several years later, when prices in major cities began to skyrocket. Sheng, 29, is better off than most. Her 540-

square-foot apartment cost only 16 times her annual salary. To buy it, she borrowed a combined 770,000 yuan, getting a 20-year mortgage from Agricultural Bank of China and a 15-year loan from a provident fund for city workers. Her parents helped with the 30 per cent down payment. Sheng’s monthly payments will add up to 4,000 yuan—exactly what she paid for her fur jacket. In the US on average slightly less than 9 per cent of a borrower’s monthly disposable

income goes toward mortgage payments, according to Federal Reserve data. In China the proportion is 30 per cent to 50 per cent, says Wu Hao, a manager at the loan brokerage division of Bacic & 5i5j Group, a Beijing realtor. The general guideline among Chinese banks is that a borrower’s monthly salary should be at least twice her monthly payment, she says; otherwise she’ll be asked to submit proof of assets (such as property, cars, or insurance) to prove her ability to service the debt. Mortgages have maturities of five to 30 years. The People’s Bank of China benchmark lending rate for loans longer than five years is now 6.55 per cent. Unlike the US, where millions of home borrowers fell behind on their payments or stopped paying their loans altogether when the economy slumped, mainland banks report no such problems. At China Construction Bank, the nation’s biggest housing lender, the bad-loan ratio on personal mortgages stood at 0.2 per cent as of June 30, unchanged from the end of 2011. That may be because Chinese buyers typically make large down payments and so are less likely to risk foreclosure. In Shanghai, Beijing, and Guangzhou, down payments average 50 per cent of a home’s value, according to Centaline Property Agency, China’s biggest real estate brokerage. BLOOMBERG

Phnom Penh Focus by Independent Property Services

•saleproperty 1:

• rENTAL property 1: This fully furnished, one bedroom apartment is located on the inner suburb of Tonle Bassac, close to restaurants and entertainment venues in the BKK1 area. This modern apartment features a lovely open plan living room with kitchen. This area then opens out to a good size balcony. There is a separate bedroom, complete with a modern en-suite. The real feature of this property is the large roof terrace that is equipped with a gazebo and is well suited for entertaining guests or simply relaxing. The price is $550 per month with all utility costs the responsibility of the tenant.

• rENTAL property 2: This delightful studio apartment is located in the central district of BKK1. It features a large open plan living area with a small galley kitchen leading to the bathroom. There is a small balcony with views overlooking a nearby temple. The property comes complete with contemporar y and modern furniture. The property is ideally located, close to restaurants, with a well-equipped g ym within easy walking distance. This property is listed at $800 per month with some ser vices provided.

This is an exciting opportunity to purchase a boutique hotel in Siem Reap. An award winner for excellence in luxury boutique accommodation, this modern designed building is a jewel in the tourism crown of Siem Reap. Due to the expansion of projects in hand, the owners are ready to sell immediately. The hotel will retain staff for the new owner, all of whom have been trained to European standards of service. The property is listed at $900,000 and comes with furniture, fittings, kitchen equipment and hard title.

• saLe property 2: This three-bedroom villa is located in the western suburb of Toul Kork. It features a pleasant frontal courtyard and garden as well as a stand-alone single storey villa. The land size of the block is 270 sqm with the villa comprising a total of 231 sqm. There is a rear galley kitchen with a breakfast bar that opens out to a lounge/living area. The bedrooms are of a good size and all contain an en-suite. The price of this villa is $245,000 and will be sold with a soft title. The owner is willing to negotiate on reasonable offers.

For further information on theses properties and others in Phnom Penh, Independent Property Services director David Murphy can be reached on 077 959 861 or Inquiry@independentpropertyservices.com. Alternatively, visit www.independentpropertyservices.com

YOUR REAL ESTATE EXPERTS

July 04, 2013 • www.phnompenhpost.com

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តំបន់ដល ែ អចលនទព ្រ យ្ មានតម្លថ ៃ ជា ៃ្ល ងគទា េ ង ំ ២០លើពភ ិ ពលោក ភ្នំពេញៈ សួស្តីប្រិយមិត្តដែលនិយមអានប៉ុស្តិ៍អចលនទ្រព្យទាំងអស់ជាទីគោរព នៅសប្តាហ៍នេះយើង ទាំង២ ០ដល ែ អ ចលនទ្រពយ្ មា នតម្លថ ៃ ជា ្លៃ ងគនៅ េ ល ព ើ ភ ិ ពលោកនាពល េ ប ច្ចប ុ ប្ ន្ននេះដោ យរាប់ព ច ី ណា ំ ត់ លើកយកមកបង្ហាញជូនមិត្តអ្នកអានទាំងអស់អំពីអចលនទ្រពយ្ នៅទីក្រុងចំនួន៦ នៅក្នុងចំណោមទីក្រុង ថ្នាក់ទី២០តទៅ។ សូមអរគុណ!

២០- ទីក្រុង Toronto ប្រទេសកាណាដាៈ ដីមានតម្លៃជាមធ្យម ៥៩៤៨ដុល្លារ ក្នុង១ ម៉ែត្រការ៉េ។

១៩- ទីក្រុង Shanghai ប្រទេសចិន : ដីមានតម្លៃជាមធ្យម ៦៦៧៣ដុល្លារ ក្នុង១ម៉ែត្រការ៉េ។

១៨- ទីក្រុង Sydney ប្រទេសអូស្រ្តាលី ៈ ដីមានតម្លៃជាមធ្យម ៦៧០០ដុល្លារ ក្នុង១ ម៉ែត្រការ៉េ។

១៧- ទីក្រុង Tel Aviv ប្រទេសអីុស្រាអែល ៈ ដីមានតម្លៃជាមធ្យម ៦៧៥៧ដុល្លារ ក្នុង១ម៉ែត្រការ៉េ។

១៦- ទីក្រុង Taipei (តៃវ៉ាន់) ៈ ដីមានតម្លៃជាមធ្យម ៦៨៤៤ដុល្លារ ក្នុង១ ម៉ែត្រការ៉េ។

១៥- ទីកង ុ្រ Luxembourg ប្រទស េ លុចសំបួ ៈ ដីមានតម្លជា ៃ មធ្យម ៧២៤៤ដុលរ្លា ក្នង ុ ១មត ែ៉ ការ៉ ្រ េ។

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YOUR REAL ESTATE EXPERTS www.phnompenhpost.com •July 04, 2013

International Property News BLEEDING LOVE

HALF-PRICE MEGA MANSION A French-chateau-style mansion in Palm Beach, Florida, with 17 bathrooms, nine bedrooms, and a five-car garage, has finally sold after two years on the market. At a 43 per cent discount to the original price. The 2,500-square-metre home first went on the market for a whopping $74 million in 2011, but finally sold for $42 million to a ‘very nice couple,’ according to the Wall Street Journal. Built in an area of Palm Beach known as Billionaire’s Row, the estate also boasts a 1,100-square-metre motor court, a pool with fountains and a guest house. The waterfront estate also includes parking for more than 50 vehicles, a library, art walls that can accommodate “a major collection,” and a chef-designed state-of-the-art kitchen. The 375-square-metre master suite includes a fireplace and sitting room, as well as separate his and hers bathrooms with dressing rooms.

LEAVING NIRVANA Foo Fighters singer and guitarist and Nirvana drummer Dave Grohl has listed his oceanfront home in Oxnard, California. Stuck between Los Angeles and Santa Barbara, the sleepy town doesn’t seem like the place for a rock star, but that’s where Grohl purchased a prime piece of coastal real estate in 2007. Despite the recovering market, Grohl is poised to lose money on his beachfront home after listing the four-bedroom, four-bathroom contemporary for $3.25 million — roughly $500,000 less than what he paid. Besides the obvious attraction of living by the water, the property features a chef ’s kitchen, a home theater and a master suite with a fireplace and private balcony. It has panoramic ocean views with gorgeous sunsets and the islands in the distance. In addition, the entire house is wired for home entertainment; the fourth bedroom is set up as a family room and theatre.

British singer Leona Lewis’s home in the West Hollywood Hills of California is on the market, for $2.0735, a drop from the $2.5 million it was originally listed at. Lewis purchased the West Hollywood Hills property for $1.85 million in 2009 under her father’s name The house is located in a private, gated enclave. Although described by real estate agent as a “mini estate,” the home only measures 366 square metres, and has four bedrooms and four bathrooms. Built in 1999, the interior has been remodeled with white decor and finishes throughout. The property occupies nearly an acre of land, and has a large pool and landscaped gardens. FLIPPING THE PLAZA Lewis won British talent competition The X Factor in 2006. She has since been nominated for three Grammys and seven International real estate mogul Christian Candy is selling Brit Awards, with 20 million record sales under her belt. the penthouse at the famed Plaza hotel, for $59 million. The Monaco-based Christian bought the penthouse for $25.9 million last year, and after some huge upgrades, he is flipping the property back on the market. Candy and his brother Nick are real estate developers known for creating high-design luxury residences, including the ultraexclusive One Hyde Park in London. The Plaza triplex penthouse features approximately 587 square metres of interior of living space spread over the 19th, 20th and 21st floors. The 19th floor features an elevator that services all three floors, three bedroom suites and a laundry room. The 20th floor features a vast living room, a 14-seat dining room and a gourmet kitchen that boasts seven-metre ceilings and a skyKATY PERRY MOVING ON light. The 21st floor features the sumptuous master suite with private terrace. Katy Perry is ready to move on from her former life with According to the Wall Street Journal, if the penthouse sells ex-husband Russell Brand, even if it means losing money in at its asking price, it would set a record for the century-old the process. building, which converted to condominiums in 2007. After a revealing article in this month’s Vogue, where she The highest purchase to date in the Plaza is $48 million, paid revealed that Brand told her he wanted a divorce via text for two adjacent condos by Igor Krutoy, a Russian composer message, Perry has slashed the price on their former home by and music producer, in 2011. $430,000. Purchased by the singer in 2011 for $6.5 million, Perry intended to make the 3-acre estate compound near the famed Chateau Marmont her and then-husband Russell Brand‘s marital love nest. The home, called “Park Hill,” was built in 1921 and is a significant Mediterranean residence with two-story grand entry that continues into two-story living room overlooking all of Los Angeles and the city’s skyline. The home has a separate two-story guesthouse and a carriage house for car parking. In 2004, another guesthouse was built and could be used as a private residence, as it comes complete with a bedroom, kitchen and bathroom. The lushly landscaped backyard has a lagoon-style pool with a waterfall and several small bridges. A FOG HOUSE A fascinating and truly unique coastal property created from a former fog house occupying a remote and dramatic headland setting with wonderful views has just come on the market in Anglesey, North Wales. Foghorns were used where lighthouses would have been out of sight; this one was was originally powered by a canon to make a huge noise that passing ships could hear. The property also offers a separate building that used to house the cannon balls. The house offers three bedrooms, two bathrooms, a dining room, walled gardens and a lovely courtyard. Best of all though are the astonishing views out over the Atlantic towards Ireland.

20 YOUR REAL ESTATE EXPERTS

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July 04, 2013 â&#x20AC;˘ www.phnompenhpost.com

THE PHNOM PENH POST JULY 02 , 2013

TRADE AND SERVICES SERVICES

NEW

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Photo Exhibition

NewArt Gallery FOR RENT

Contemporary Southeast Asia Art paintings, Posters & Photographs Expert Matting & Framing Paintings by khmer, Chiness, Viethamese and Thai artists No 20 St.9,next to phsar kapko,Phnom Penh Tel: 012 824 570

E-mail: newart_gallery007@ yahoo.com Facbook:Tep Toma(new art)

SERVICES

Faces of Angkor by Baku Saito 08-July to 19-August 2013 Venue: Norton University Chroy Chong Va

LUXURIOUS VILLA FOR RENT In BKKI area, 05 beds, large living room, very nice design, fully and modern furnished, western kitchen, big balcony and terrace, garden & trees, big parking and playground, quiet & safe. Price: US$4,200/m Tel: 092 23 26 23/ 081 23 00 00 www.towncityrealestate.com

WOODEN HOUSE FOR RENT In Beoung Trobek Area (near Monivong corner Mao Tse Toung BLVD), 03 Bedrooms, open living room, very nice kitchen, garden and many trees, very quiet and safety area, cars parking. Price: US$800/month Tel: 092 23 26 23/081 23 00 00

SMALL VILLA FOR RENT In BKKI area, 03 beds, large living room, very light, some furnished, western kitchen, very nice garden & trees, big parking and playground, quiet & safe, very good for residence, other business, possible for long-term lease contract. Price: US$3,500/m Tel: 092 23 26 23/ 081 23 00 00

MODERN APARTMENT FOR RENT Located near Russian Market, 01 bedroom, open living room, fully and modern furnished, western kitchen, very nice balcony, very quiet and safety area, roof top pool and gym, very good condition for living. Price: US$800-US$900/month Tel: 092 23 26 23/081 23 00 00

MODERN DESIGN VILLA FOR Rent In Bassak Garden City, 03 bedrooms, open living room, very nice interior design, modern kitchen, nice balcony, nice garden, very quiet and safety area, cars parking. Price: US$3,000/month Tel: 092 23 26 23/081 23 00 00 www.towncityrealestate.com

BRAND NEW APARTMENT FOR Rent BKK1, 1-2-3 Beds, large living room, very light, Fully Furnished, western Kitchen, Steam & Sauna, roof top garden, gym, very good condition for living, quiet & safe. Price: $ 900- $ 1,300 - $ 3,000/m Tel: 092 23 26 23/ 081 23 00 00 www.towncityrealestate.com

MODERN APARTMENT FOR RENT Located south of Royal Palace, 02-03 beds, large living room, fully and modern furnished, western kitchen, very big balcony and safety area,big parking lots, roof top pool & gym, steam & sauna, very good condition for living .Price: $1,300-$2,000/m Tel: 092 23 26 23/081 23 00 00

ULTIMATE DESIGN SWIMMING pool villa Area: Toul Kork, 5 beds, 7 baths Big swimming pool, Secure Cam, 3 floorModern furniture , Lot of light, Western Kitchen Price: 4000$/m Tel: 012 510 610

5th Floor Phone: Khmer:012 767 371 English, Japanese: 010 636 662

SIEM REAP APARTMENT BUSINESS FOR sale in Siem Reap 25 units, parking gardens etc. good busines / turnover. sell for cheap price due to ill health Tel: 089 986 398

SERVICES

salaGnĂžrCati Giusev:s EAST-WEST INTERNATIONAL SCHOOL

EAST-WEST International School IGCSE (Cambridge) School WASC (USA) Candidate School Nursery â&#x20AC;&#x201C; Grade 11 This year FULL DAY (7:30 AM - 2:30 PM) classes for 3 year olds and 4 year olds Qualified, experienced Native English Speaking Teachers. Now Enrolling for 2013-2014 Classes start: September 02, 2013 H/P: 023 998 244 / 077 851 852 / 012 231 885 www.ewiscambodia.org

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HIGH CLASS APARTMENT FOR RENT Located in Daun Penh Area, 03 bedrooms, very large living room, fully and modern furnished, modern kitchen, very nice balcony, very high class in town, very good condition for living Price: US$3,500/month Tel: 092 23 26 23/081 23 00 00 www.towncityrealestate.com

WESTERN APARTMENT FOR Rent Located near Independent Monument, 02 beds, open living room, fully and modern furnished, western kitchen, very nice balcony, very quiet and safety area, very big parking lots, very good condition for living.Price: US$700/month Tel: 092 23 26 23/081 23 00 00

BIG BIG VILLA WITH 8BEDROOMS 10 baths 2 big living rooms, good for OFFICE, 30 cars parking, Brand new building Location: Toul Kork, Price: 5000$ / m Tel: 012 510 610; www.cl-realty.com MODERN APARTMENT FOR RENT Located in BKKI, 01-02 bedrooms, Large living room, fully and modern furnished, modern kitchen, nice balcony, roof top gym, very good condition for living Price: US$1,200-US$1,400/month Tel: 092 23 26 23/081 23 00 00

WAREHOUSE FOR RENT Located on National Road NÂş 4 (Warehouse zone), Size: 6,300sqm, price: US$1.6 per sqm electricity and water are connected. possible for trucks across. Price: US$1,6/sqm Tel: 092 23 26 23/081 23 00 00 www.towncityrealestate.com SWIMMING POOL FRENCH VILLA IN BKK1 Lots of trees and flowers, 5 bedrooms Renovating the whole house, fully furnished 2 floors, western kitchen, Price: 5000$/m Tel: 012 510 610; www.cl-realty.com

LINK-VILLA FOR RENT In Grand Phnom Penh, 03 Beds, open living room, very nice interior design, modern kitchen, nice balcony, nice garden, very quiet and safety area, cars parking.Price: US$800/m Tel: 092 23 26 23/081 23 00 00 www.towncityrealestate.com

WESTERN APARTMENT FOR Rent Located in Daun Penh, very close to Independent Monument, 02 beds, large living room, fully and modern furnished,western kitchen, nice balcony, very good condition for living, big parking lot.Price: $1,000/m Tel: 092 23 26 23/081 23 00 00

MODERN CLASSIC APARTMENT For Rent Located in BKKI, 02-03 bedrooms, fully and modern furnished, modern kitchen, gym and nice balcony, very quiet and safety. Price: US$1,400 US$1,900/month Tel: 092 23 26 23/081 23 00 00 www.towncityrealestate.com

MODERN APARTMENT FOR RENT Located in Tonle Bassak area, 02-03 beds, open living room, fully & modern furnished, western kitchen,very nice balcony, quiet & safety area, very nice pools & gym, steam & sauna, good condition for living. Price: $1,300-$1,700/m Tel: 092 23 26 23/081 23 00 00

RENT: $4000 PER MONTH It is a nice and furnished villa available for rent in BKK. It has 8 bedrooms and 8 bathrooms, balcony and large terrace. It has nice garden in the terrace of the roof. Tel: 017 45 70 70

RENT: $2000 PER MONTH It is a furnished villa, 5 beds with baths attached. It has a western kitchen, dining room and living room. It has large terrace and balcony. It is located in a safe and quiet area of Tonle Bassac. Tel: 017 45 70 70

SRENG BOU CAR SERVICE FOR RENT Long contract and Short contract Rental Per Month ď&#x201A;ˇ Property Investment ď&#x201A;ˇ Lexus Lx 470 year 2000 : 1250 $ ď&#x201A;ˇ Villa for Sale ď&#x201A;ˇ Lexus Lx 470 year 1999 : 1200 $ ď&#x201A;ˇ Villa for Rent ď&#x201A;ˇ Lexus Rx 300 year 2000 : 700 $ ď&#x201A;ˇ Lexus Rx 300 year 1999 : 650 $ ď&#x201A;ˇ Apartment for Sale ď&#x201A;ˇ Honda CRV year 2000 : 500 $ ď&#x201A;ˇ Apartment for Rent ď&#x201A;ˇ Honda CRV year 1999 : 450 $ ď&#x201A;ˇ Land for Sale ď&#x201A;ˇ Toyota RAV4 year 2002 : 650 $ ď&#x201A;ˇ Toyota RAV4 year 1999 : 500 $ ď&#x201A;ˇ Land for Rent ď&#x201A;ˇ Toyota RAV4 year 1998 : 450 $ Kindly to show in city or out of city ď&#x201A;ˇ Toyota Highlander 2002 : 750 $ ď&#x201A;ˇ Camry year 2002 : 650 $ #35 St 310, BKK I ,Phnom Penh ď&#x201A;ˇ Camry year 2000 -2001 : 500 $ H/P : 012 891 845 / 016 33 00 25 ď&#x201A;ˇ Camry year 1997-1999 : 450 $ Email : srengbou@yahoo.com ď&#x201A;ˇ Landcruiser Year 2000 : 1200 $ Included Insurance Full Coverage address :#35 St 310, BKK I ,P.Penh H/P : 012 891 845 / 016 33 00 25 Email : srengbou@yahoo.com

REAL ESTATE AGENT

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JOBANNOUCEMENT â&#x20AC;˘ Korean and English Speaking â&#x20AC;˘ Female â&#x20AC;˘ Previous Hospitality Experience Preferred. Please send CV with recent photo to dbaron7@yahoo.com

COLONIAL VILLA, FULLY furnished in Toul Kork 3 bedrooms, 3bath, Western Kitchen Big yard, very safe, Near French Embassy Price: 1500$/m Tel: 012 510 610 www.cl-realty.com

3 BEDROOMS NEW RENOVATED villa in Toul Kok New furniture and fully furnished Big yard, very safe with security 24/7H Near French Embassy and Wat Phnom Price: 1300$/ m, Tel: 012 510 610

SWIMMING POOL ON THE ROOF top with gym apartment with lift, available 2 beds fully furnished, on street 57, Area: BKK1 Price: 1200$/ m; Tel: 012 510 610 / www.cl-realty.com

RENT: $2000 PER MONTH It is western small villa available for rent in BKK. It has 4 bedrooms, 4 bathrooms, large living room, large yard and nice garden. Tel: 017 45 70 70

Call: Ms. Puthy Keo on 015 449 242 (or) puthy.keo@phnompenhpost.com Call: Bunthoeun Lim on 078 999 876 (or) bunthoeun.lim@phnompenhpost.com

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LAD FOR SALE

Sihanuk Ville good for hotel, apt or villa Interest ring @:068 222747

VILLA FOR RENT

Ls: 18mx30m, 22 Bedrooms & baths Nice yard, good accessibility, suitable

free three lines period is for long time. Price 4,500 USD/mth (Negotiable) Tel: 081 456 007

then 1$ per line

LAND AND HOUSE 4 SALE

Behind Lumprevu, sale$45.000(neg) 081 22 27 47

NEW CONDO FOR RENT

2 Bedrooms 3 Bathrooms 1 Kitchen 1 Living Room Price: USD 500 per month Location: Near Russian Market H/P: 017 28 22 93 / 069 60 50 21 (English) : 016 22 06 22/ 012 68 05 86 (Chinese) 24 HOURS SECURITY

VILLA FOR RENT

Located in Chamkarmorn, 4500 $ p/m (Negotiable) Land Size: 20 m x 30m Nice garden& large parking, 5 nice beds with baths, big living rooms & kitchen and especially fully IXUQLVK SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH DQG residential area.Tel: 095 584 007/081 456 007

VILLA FOR RENT

Located in Chamkarmorn, 3500 USD per month (Negotiable) Land Size: 18m x 30m Nice garden and 4 parking, 6 nice beds with 7 baths, big living rooms & kitchen and basic IXUQLWXUH SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH residential area. Tel: 095 584 007/081 456 007

VILLA FOR RENT

Located in Chamkarmorn, 750 $ per month (Negotiable) Land Size: 12 m x 23m Small nice garden& 3 cars parking, 4 nice beds with 3 baths, big living rooms & small kitchen and EDVLF IXUQLWXUH SURYLGLQJ LV VXLWDEOH IRU RIÂżFH & residential area. Tel: 092 757 947/087 818 004

WAREHOUSE FOR RENT LOCATED IN

Chamkarmorn, 1300 $ per month (Negotiable) Warehouse size: 500 square meters with have VPDOO RIÂżFH VRPH WRLOHW 7UXFN DFFHVVLELOLW\ ,WCV suitable for your storage or shop. We especially also have another warehouses or factories available at anywhere. Tel: 092757 947

NEW VILLA FOR SELL

5 Bedrooms 6 Bathrooms 1 Kitchen 1 Living Room 2 Cars Park, Price: USD 138900 Location: In front of Toek Thla Market H/P: 017 28 22 93 / 069 60 50 21 (English) : 016 22 06 22/ 012 68 05 86(Chinese) 24 HOURS SECURITY

SWIMMING POOL VILLAFOR RENT

Located in Chamkarmorn, 3200 $ per month (Negotiable) Land Size: 17 m x 30m Nice garden, nice swimming pool & 3 cars parking, 4 nice beds with 5 baths, big living rooms & kitchen & especially fully furnish providing. Itâ&#x20AC;&#x2122;s suitable IRU RIÂżFH UHVLGHQWLDO DUHD 7HO

VILLA FOR RENT

Located in Chamkarmorn, 4000 $ per month (Negotiable) Land Size: 25m x 35 m Nice garden and large parking, 7 nice beds with 8 baths, big living rooms & kitchen & especially IXOO\ IXUQLVK SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH & residential area .Tel: 095 584 007

SERVICE APARTMENT FOR RENT IN DOUN

Penhm Service Apartment for rent in Doun 3HQK DUHD LWCV ORFDWHG LQ 5HVLGHQWLDO DUHD good security place for living. 1 Bed, 1 bath, living room, shower heaters, kitchen, A/Cs, Fully furnished. Rental price 500$/m Tel: 095 584 007/081 456 007

WAREHOUSE FOR RENT LOCATED IN

TuolSongke, 2200$/m (Negotiable)Warehouse VL]H VTXDUH PHWHUV ZLWK KDYH VPDOO RIÂżFH VRPH WRLOHW 7UXFN DFFHVVLELOLW\ ,WCV VXLWDEOH IRU your storage or small manufacture place. We especially also have another warehouses or factories available at anywhere. Tel: 092757 947

NEW CONDO FOR SELL

1Bed, 1Kitchen, 1Bath, 1 Living Room, USD 29.900, 2Beds, 2Baths, 1Kitchen, 1Living Room, USD 39990, Reducing Payment: 2 years, Interest Rate: 0%. Near Russian Market H/P: 017 28 22 93 / 069 60 50 21 (English) : 016 22 06 22/ 012 68 05 86 (Chinese) 24 HOURS SECURITY

VILLAFOR RENT

Located inChamkarmorn, 2400 $ per month (Negotiable) Land Size: 15 m x 25m Nice garden& 3 cars parking, 6 nice beds with 7 baths, big living rooms & kitchen and especially IXOO\ IXUQLVK SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH and residential area. Tel: 092 757 947

VILLA FOR RENT

Located in Chamkarmorn, 1400 $ per month (Negotiable) Land Size: 12 m x 27m Small garden& 4 cars parking, 5 nice beds with 6 baths, big living rooms & kitchen and basic IXUQLWXUH SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH residential area.Tel: 092 757 947/087 818 004

SECOND FLOOR APARTMENT FOR RENT IN DOUN

Penh Second Floor Apartment for rent in Doun Penh area, itâ&#x20AC;&#x2122;s located in Residential area, good security place for living.1Bed 1 bath, living room, shower heaters, kitchen, A/ Cs, Fully furnished. Rental price 700 $ Tel: 095 584 007/081 456 007

WAREHOUSE FOR RENT LOCATED IN

Khmuogh, 4000$/m (Negotiable) Warehouse size: 2000 m2 with big office outside of warehouse WRLOHW 7UXFN DFFHVVLELOLW\ ,WCV VXLWDEOH IRU \RXU storage or small manufacture place. We especially have another warehouses or factories available at anywhere. Tel: 092757 947

HOUSE FOR SALE

HOUSE FOR SALE Price: $1,200/m, Bedrooms 2 with A/C. Tel: 078 85 58 85, 4Bedrooms Villa for Rent Swimming Pool $2,500/Month, Tonle Basac Area, Western Style, Nice Garden, Furnished, 1Living room, Nice Kitchen, 4Bedrooms A/C, 4Bathroom, Quiet Place, 2Car Parking, www.ppgroup.biz, Tel: 077 777 869

VILLA FOR RENT

CALL US NOW

to book your space 023 211 314 or property@phnomnpenhpost.com

Price: $1,200/m, Bedrooms 2 with A/C. Tel: 078 85 58 85, 4Bedrooms Villa for Rent Swimming Pool $2,500/Month, Tonle Basac Area, Western Style, Nice Garden, Furnished, 1Living room, Nice Kitchen, 4Bedrooms A/C, 4Bathroom, Quiet Place, 2Car Parking, www.ppgroup.biz, Tel: 077 777 869

APARTMENT FOR RENT

NEW VILLA FOR RENT

5 Bedrooms, 6 Bathrooms, 1 Kitchen, 1 Living Room, 2 Cars Park Price: USD 1000 per month Location: Next Basak River H/P: 016 88 08 48/ 097 616 8787 : 016 22 06 22/ 012 68 05 86 (Chinese) 24 HOURS SECU

VILLA FOR RENT

Located in ChrouyChangva, 2000 $ per month (Negotiable) Land Size: 30 m x 45 m Nice garden & large parking, 4 nice beds with 5 baths, big living rooms & kitchen and basic IXUQLWXUH SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH residential area. Tel: 095 584 007/081 456 007

VILLA FOR RENT

Located in Chamkarmorn, 1100 $ per month (Negotiable) Land Size: 12 m x 25m Small nice garden& 4 cars parking, 2 nice beds with 3 baths, big living rooms & kitchen and especially fully furnish providing. It is suitable IRU RIÂżFH UHVLGHQWLDO DUHD 7HO

FIFTH FLOOR APARTMENT FOR RENT IN

Chamkarmorn Fifth Floor Apartment for rent in chamkarmorn area, itâ&#x20AC;&#x2122;s located in Residential area, good security place for living. 1 Bed and 1 bath, living room, shower heaters, kitchen, A/Cs, Fully furnished. Rental price 700 $/m Tel: 095 584 007/081 456 007

NEW VILLA FOR RENT

Land: 20m x 30m, 8 Bedrooms, 10 Bathrooms, 2 Kitchens, 3 Living Rooms 4 Cars Park, Price: USD 2000 per month Location: Near Russian Market H/P: 016 88 08 48/ 097 616 8787 : 016 22 06 22/ 012 68 05 86 (Chinese) 24 HOURS SECURITY

VILLA FOR RENT

Located in Chamkarmorn, 4500 USD per month (Negotiable) Land Size: 17m x 29m Nice garden& 4 parking, 5 nice beds with 5 baths, big living rooms & kitchen and basic IXUQLWXUH SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH residential area. Tel: 095 584 007/081 456 007

VILLA FOR RENT

Located in Chamkarmorn, 1000 $ per month (Negotiable) Land Size: 15 m x 25m Small nice garden& 5 cars parking, 3 nice beds with 3 baths, big living rooms & kitchen & especially IXOO\ IXUQLVK SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH residential area. Tel: 092 757 947/087 818 004

COMMERCIAL BUILDING FOR RENT

Located in Doun Penh, 23000 $/m (Negotiable) Building Size: 18 m x 25m & it totally have 7 stories. Basement & underground parking. Itâ&#x20AC;&#x2122;s suitable for your company showrooms. We HVSHFLDOO\ DOVR KDYH DQRWKHU RIÂżFH EXLOGLQJ available on the market. Tel: 095 584 007

NEW FLAT (EO) FOR SELL

2 Bedrooms, 3 Bathrooms 1 Kitchen 1 Living Room 2 Cars Park, Price: USD 44990 Location: St.371, Near PC Market H/P: 016 88 08 48/ 097 616 8787 : 016 22 06 22/ 012 68 05 86 (Chinese) 24 HOURS SECURITY

SWIMMING VILLA FOR RENT

Located in Chamkarmorn, 6000 USD per month (Negotiable) Land Size: 44m x 40m Nice garden, large swimming pool & large parking, 7 nice beds with 8 baths, big living rooms & kitchen and especially fully furnish providing. Tel: 095 584 007/081 456 007

VILLA FOR RENT

Located in Chamkarmorn, 1700$ per month (Negotiable) Land Size: 18 m x 26m Small nice garden& 4 cars parking, 5 nice beds with 6 baths, big living rooms & kitchen & baVLF IXUQLWXUH SURYLGLQJ ,W LV VXLWDEOH IRU RIÂżFH and residential area. Tel: 092 757 947

COMMERCIAL BUILDING FOR RENT

Located in Chamkarmorn, 7000$ per month (Negotiable) Building Size: 8.5 m x 25m & it totally have 8 stories. Underground parking. Itâ&#x20AC;&#x2122;s suitable for your company showrooms. :H HVSHFLDOO\ DOVR KDYH DQRWKHU RIÂżFH EXLOGLQJ available on the market. Tel: 095 584 007

:063 3&"-&45"5& &91&354 YOUR REAL ESTATE EXPERTS

JULY 04, June 27, 2013 t 888 1)/0.1&/)1045 $0. 2013 â&#x20AC;˘ www.phnompenhpost.com

POST-Property.com .com POSTKHMER

Cambodiaâ&#x20AC;&#x2122;s premier real estate agency 5 Bedroom Villa in BKK1 This pleasant villa is located on the corner block in central suburb of BKK1, close to many restaurants and entertainment venues that this suburb. The ground floor features 2 bedroom, a large open lounge/ living area and rear modern kitchen. Upstairs there are a total of 3 bedrooms (all with ensuites) and a secondary living room. There is an enormous frontal courtyard with a small garden and a pool for relaxation.

$5,000

2 Bedroom Apt in Tonle Bassac

3 Bedroom Villa in BKK1

This property offers stylish living with a modern kitchen and bathroom facilities. The apartment comes with a free year membership of a gym for a year lease. The apartment is fully serviced.

This three bedroom single storey villa is located centrally in BKK1. It features a pleasant frontal courtyard with gazebo. This villa is of western style with fully equipped kitchen and bathroom facilities.

$1700

$2,200

1 Bedroom Apartment in Daun Penh

3 Bedroom Villa in Tonle Bassac

This riverside property is finished to a high western standard. It comes with a fully fitted kitchen and a large living space with small balcony. Get in early as interest in this apt will be high.

This fully-furnished villa is located in one of Phnom Penhâ&#x20AC;&#x2122;s gated communities. The living space on ground floor opens out to a small patio and pool area that would be fantastic for entertaining.

$500

Contact us today for all your property needs. www.independentpropertyservices.com inquiry@independentpropertyservices.com

$3500 Tel: 077 959 861

Corner St 63 & St 294 BKK1, Phnom Penh

APARTMENT FOR RENT

4-Bedrooms villa available in Tonle Bassac, nnice open living area, nice kitchen, garden with trees Price: 2,000$/mth. (Ref-villa: 0200) www.vmcrealestate.com Tel: 017 76 92 71 / 093 77 81 81

NICE KHMER VILLA

In Toul Kor area, modern decoration with 5-beds & baths, nice open two living area, balcony, nice kitchen, pool, garden, trees. Price: 4,500$/mth. (Ref-villa: 0574) www.vmcrealestate.com Tel: 017 76 92 71 / 078 97 99 57

MODERN VILLA-NICE POOL

6-BEDROOMS KHMER VILLA

3-BEDROOMS APARTMENT

2-BEDROOMS APARTMENT

Available in Boeng Trabek, open living room, balcony & terrace, nice kitchen, garden, trees, Price: 2,500$/mth (Ref-villa: 0054) www.vmcrealestate.com Tel: 093 77 81 81 / 017 76 92 71

In BKKI area, nice decoration with Wooden Ă&#x20AC;RRU QLFH IXUQLWXUH EDOFRQ\ QLFH RSHQ OLYLQJ room, nice kitchen, gym, security 24h Price: 1,900$/mth. (Ref-apt: 0103) www.vmcrealestate.com Tel: 078 97 99 57 / 095 543 788

Available in BKKI Area, nice layout with open living room, balcony, nice kitchen, garden, trees, Price: 3,000$/mth (Ref-villa: 0052) www.vmcrealestate.com Tel: 095 543 788 / 017 76 92 71

In BKKI area, western style with nice furniture, balcony, nice open living room, nice kitchen, gym, pool, security 24h Price: 1,350$/mth. (Ref-apt: 0057) www.vmcrealestate.com Tel: 017 76 92 71 / 078 97 99 57

4QFOE POMZ

NICE APARTMENT FOR RENT

In BKKI area, 2-beds with baths, nice Living area with furniture, nice kitchen. Price: 650$/mth. (Ref-apt: 0302) www.vmcrealestate.com Tel: 093 77 81 81 / 017 76 92 71

3-BEDROOMS APARTMENT

On Eastside Russian Market, nice decoration, nice furniture, balcony nice open living room, nice kitchen, gym, pool, security 24h Price: 1,500$/mth. (Ref-apt: 0454) www.vmcrealestate.com Tel: 017 76 92 71 / 078 97 99 57

'PS ZPVS TFSWJDFT .S #VOUIPFVO -JN PO CVOUIPFVO MJN!QIOPNQFOIQPTU DPN

POST -Property.com .com POSTKHMER

14 14

�ជ�នីភេំ� ពញ ��រជួលទំហំសរុប 2000m2 ��រ 8x26,80m 2�ន់ បន�ប�� ់ ង12 បន�បទឹ ់ ក 18, ចំ�យ60m ពីអង�រឃ��ងយូ ចំ�យ 350m �ង�ើងផ��វ�តិ��ខ6 ភូមិចុង� ស៊ូ ��ត�ៀម�ប ត��$3500/�� ដីសល់ �ច��ៈើ �ង, �ជនី��ន, �រ��ល័យ ទូរសព�័ៈ 012 63 0664 | 012 88 07 45 ដីលក់ប��ន់ �ជិត�ងច��ចុះ ពីផ�វ��ង��ង ពីផ�វធំ4០mទំហំ ដី 621m២លក់តំ��$11០,០០០ ល�បំផុតសំ�ប់សង់ផ�ះជួល �ក់ទងTel : 016 667 279 ផ�ះលំ��រ�យសំ�ប់លក់ ខណ��នជ័យ ស/ក �លស��វ� ដី2200m២ ទំហំ500m២ លក់ $419,000 Tel: 016 667279 ដីលក់សំ�ប់��ើផ�ះសំ�ក់ ទំហំដី 15មx21ម លក់ក�ងត�� 21០០០០ដុ�� ស�ិត�អូរ��កក�ម Tel:016 667 279 www.arc.com.kh ផ�ះលក់��ើផ�វ�តិ��ខ២ ��ក់អ��ម � រកសុ� ី ន ផ�ះ ៥មx១៦ម ដី:៥មx១៦ម ត�� ២២០ ០០០ដុ�� Tel: 016 667 279 | www.arc.com.kh ដីលក់�បឹង��ក ទំហំដី:5មx25ម ��កទិស��ើង ត��:$150000 �នប�ង់រ�ង, ល�សំ�ប់ សង់ផ�ះជួលសំ�ប់ជន�តិបរ��ស Tel: 016 667 279 ផ�ះលក់ ទំហំដីនិងផ�ះ៨មx១៦ម ១២ បន�ប់ត�� ៥៨០០០០ដុ�� ស�ិត�ផ��រសុវ��។ Tel: 016 666 258 www.arc.com.kh

ដីលក់ ��ៀម�បភូមិ�ភុល ទំហំដី:25មx57ម,ល�សំ�ប់ផ�ះសំណក់ Boutique hotel/ apartment ត�� ២៤៥ ០០០ ដុ�� Tel: 016 667 279 | www.arc.com.kh ផ�ះសំ�ក់លក់ ទំហំដី១៣មx២៤ម អ�រ១២មx១៨ម ៣០បន�ប់, ត��៦០០,០០០ដុ�� ស/ក��យ ច�� Tel: 016 666 258 ដីលក់ ទំហំដី ១៤ម x ២៥ម ត�� ៤៧០,០០០ដុ�� ស�ិតក��ងស/ក បឹង��ងកង៣ �ងសង់��តមិន 016 666 258 | www.arc.com.kh ផ�ះវ��លក់ប��ន់ បុរ��ន់��ទួល�ក ទំហំដី៣១០m២ ��រ ៣០០m២ បន�ប�� ់ ង៤ ទឹក៤ ត��លក់ USD 390,000 Tel: 097 6182 888 ដីលក់ប��ន់ទំហំ615�៉��រ េ�នប�ង់រ�ងស�ិត�ស�ឹង�នជ័យចុះពីផ�វ មុន�ី��ត300�៉��ង�ើតវ�ទ��ន�តិ �ណិជ��ត��150,000$(ត) Tel:012 88 11 92 ផ�ះវ�ទ�� ដីទំហំ 11mx26m $520,000 ស��ត់បឹង��ងកង៣ ប�ង់រ�ង ដី 11m x26m ផ�ះ 9m x17m បន�ប់��ង៤ បន�ប់ទឹក៣ ចំណំត៤ ទំ�ក់ទំនង 077 777 697 ផ�ះ��ងលក់ ទំហំ 4mx18m ស��ត់បឹង��ងកង៣ កំពស់៣�ន់ប�ង់រ�ង តំ�� $190,000 ផ�ះ 4m x14m បន�ប់��ង៦ បន�ប់ទឹក៦ ចំណត១ ទំ�ក់ទំនង 077 777 697

ដីលក់ប��ន់�ើផ�វ�នណ�យ ទំហំ40,470�៉�� នប�ង់រ�ងចំ�យ2 ,700�៉��ពីធ��រ�តិថ�ី ត��150$/�៉��។ Tel:067 666686 ដី��ងលក់ប��ន់ជិតបុរ�ពិភពថ�ី �ប់ផ�វឩ��ី��ងទំហំ38,000�៉�� ត�� 90$/�៉�� Tel: 067666686 ដីលក់ប��ន់��យ��ៀន ណត�៊�ីតទំហំ20,000�៉��នប�ង់ រ�ងត��200$/�៉��(ត) Tel: 067666686 វ��កូន�ត់លក់�បុរ��ង The Star Light �ងលិចទួល�ក ទំហំវ��5.10mx12m(E0E1E2) ដី5.10x17.5m�ន4ប.��ង5 ប. ទឹក�ន�ងទឹកក�ឹប�ត់��ណ ត��147,000$(ត) Tel: 067666686 ផ�ះវ�ទ��សំ�ប់ជួល តំ�� $1000/�� ក��ងស��ត់ ទួលទំពូង១ �ន៣បន�ប់��ង ល�សំ�ប់ រស់�រ��រ��ល័យ ទំ�ក់ទំនង 012 939 958 ផ�ះ��ងលក់ ដីទំហំ 5.8mx25m ស��ត់បឹង��ងកង៣ ពីរ�ន់ ប�ង់រ�ង ផ�ះ5.8m x 20m ជួល�ន$1200/�� តំ�� $330,000 �ចចរ��ន ទំ�ក់ទំនង 012 939 958 ផ�ះ��ង ២��ងលក់ 8.5m x20m ស��ត់ជ័យជំនៈ ជិតផ��រក��ល ប�ង់រ�ងកំពស់ពីរ�ន់ តំ�� $950,000 ដុ��រ ទំហំផ�ះ 8.5m x20m ��ង�ច់��ុង ទំ�ក់ទំនង 077 777 697

YOUR YOUR REAL REAL ESTATE ESTATE EXPERTS EXPERTS

888 1)/0.1&/)1045 $0. t FABRUARY 21 ,, 2013 2013 www.phnompenhpost.com •JuLY 04

ដីនិងផ�ះវ�ទ�� លក់ 12mx15m $400,000 ស��ត់បឹង��ងកង៣ ប�ង់រ�ង ដី 12m x15m ផ�ះ 10m x12m បន�ប់��ង៥ បន�ប់ទឹក៥ ចំណំតទ��ន២ ទំ�ក់ទំនង 077 777 697

ផ�ះ��ងលក់ ដីទំហំ 4.2mx30m ស��ត់បឹង��ងកង៣ ពីរ�ន់ ប�ង់រ�ង តំ�� $250,000 ទំហំផ�ះ 4 m x22m បន�ប់��ង៥ សល់ដី�ងមុខ៦ម��យ២ម ទំ�ក់ទំនង 077 777 697

វ��លក់�ប់ ផ��វូធំ ��ង ទំហំដី 25m x25m លក់ $1.5 �ន ស��ត់បឹង��ងកង៣ ផ��វធំ ��ង �ន៨បន�ប់��ង ៨បន�ប់ទឹក ទំ�ក់ទំនង 012 939 958

��រ សំ�ប់ជួល ផ��វធំ $6000/�� ទី�ំង ខណ�ចំ�រមន កំពស់៦�ន់ ទំហំ��រ 12m x15m ល�សំ�ប់�រ��ល័យ រ� មន�ី��ទ�� ទំ�ក់ទំនង 012 939 958

វ��សំ�ប់លក់ ដី 16m x25m ទំហំផ�ះ 12m x18m ទួល��យ��១ តំ�� $80 មុឺនដុ��រ ៥បន�ប់��ង ទំ�ក់ទំនង 012 939 958

ដីផ�ះវ�ទ��លក់ 1.6 �នដុ��រ បឹ់ង��ងកង១ ទំហំដីៈ 17mx30m ផ�ះកំពស់២�ន់ បន�ប់��ង៦ សំ�ប់ ��រ��៉�ន រ� �រ��ល័យ ទំ�ក់ទំនង 012 939 958

ផ�ះវ�ទ��លក់ ដីទំហំ 16mx25m ក��ងស��ត់បឹង�ំង ដូន��ញបន�ប់��ង៥ បន�ប់ទឹក៦ ទំហំដីៈ 16m x 25m លក់ 1�ន៣��នដុ��រ ជួល$3000/�� ទំ�ក់ទំនង 012 939 958 ដីលក់ទំហំ 26mx58m ផ��វធំ $580.000 ដុ��រផ��វធំ ស��ត់ភ�ំ��ញថ�ី ទី�ំងល�សំ�ប់ វ�ទ�� ភូមិ��ឹះ រ��រ ទំ�ក់ទំនង 077 777 697 ដី និងផ�ះសំ�ប់លក់ តំ�� $590,000 ប�ងរ់ ង � ស��ត,់ ទួលទំពង ូ ១ ទំហំដី 15m x25m. 012 939 958 ដីសំ�ប់លក់ 23m x 34m 770m2 :23mx34m, $2,300,000 ដុ��រ ប�ង់រ�ង តំបន់ដូន��ញ ជិតវ��ន ឯក�ជ�� 077 777 697 ដីលក់ប��ន់�ើផ�វ�នណ�យ ទំហំ25,267�៉��នប�ង់រ�ងចំ�យ 200�៉��ពីផ�វទំនប់កំ��ូវត��150$/m2 Tel:067666686

��ំង�ងច�� សំ�ប់ជួល 15000m2 ��រថ�ី ទំហំ��ំង 15000m2 ដី២ហិច� ភ�ំ��ញថ�ី ខណ�័��នសុខ តំ�� $1.5/m2 ទំ�ក់ទំនង 077 777 697 វ��សំ�ប់លក់ ដីទំហំ 12m x24m បឹង��លិត តំ�� 73 មុឺនដុ��រ ៥បន�ប់��ង ទំ�ក់ទំនង 012 939 958 ដី និង ផ�ះលក់ ប��ន់ 30m x 40m �នទី�ំង សង��់បឹងកក់២ ទួល�កតំ��លក់ $1450,000 ($1200/m2) �ប់ផ�វធំទំហំដីៈ 30 m x 40m ប�ង់រ�ង ទំ�ក់ទំនង 077 777 697

��រ �រ��ល័យសំ�ប់ជួល តំ��ប់ពី $10/m2 ក��ង១�៉�� ទី�ំងផ��វធំ ទំហំពី150m2 ដល់1500m2 ទំ�ក់ទំនង 077 777 697

ផ�ះ��ងលក់ ដីទំហំ 6.5mx17m បឹង��ងកង៣កំពស់ពីរ�ន់ ប�ង់រ�ង ទំហំផ�ះ 6.5 m x13m បន�ប់��ង៥ តំ�� $230,000 �ចចរ��ន ទំ�ក់ទំនង 077 777 697

ដីលក់ 17mx30m 1.5�នដុ��រ ដី 17mx30m លក់ 1.5�នដុ��រ ស��ត់បឹង��ងកង១ ទី�ំងល�សំ�ប់ ��រ �រ��ល័យរ��ត�៉�ន ទំ�ក់ទំនង 077 777 697

ផ�ះ��ងលក់ ដីទំហំ 7.5mx23m បឹង��ងកង៣ កំពស់ពីរ�ន់ ប�ង់រ�ង តំ�� $320,000 ទំហំផ�ះ4.2m x18m បន�ប់��ង៥ សល់ដីចំ�ៀង 3.3m ទំ�ក់ទំនង 012 939 9

ដីលក់ទំហំ 14mx25m លក់តំ�� $470000 ដុ��រ ស��ត់បឹង��ងកង៣ ទី�ំងល�សំ�ប់ ��រ �រ��ល័យរ��ត�៉�ន ទំ�ក់ទំនង 077 777 697

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JUNE 26, 2013 t 888 1)/0.1&/)1045 $0.

VILLA FOR RENT

15 15 VILLA FOR RENT L-Size:2400m2, Price:$7,500,000

Tel 097 6182 888 | www.arc.com.kh BUILDING FOR SALE (ARC001170)

On the main road, corner lot, in 7 Makara, all facilities included, large car park, 7 ďŹ&#x201A;oors, 2 elevators, $5,000,000 Tel : 097 6182 888 | www.arc.com.kh MODERN VILLA FOR RENT

BKK1, 5 bedrooms, large living room, light, fully furnished, western kitchen, big balcony and terrace, nice garden and trees, big parking and playground, quiet & safe. US$3,500/mth Tel: 092 23 26 23/ 081 23 00 00

GARDEN VILLA FOR RENT

Chroy Changva (across Japanese Bridge), 04 bedrooms, big living rooms, balcony, a lot of light, nice kitchen, fully furnished . Price: $1,200/month Tel: 092 23 26 23/ 081 23 00 00

MODERN APARTMENT FOR RENT

BKKI, 1-2 bedrooms, open living room, fully and modern furnished, modern kitchen, nice balcony, roof top gym, very good condition for living Price: US$1,000-US$1,400/month Tel: 092 23 26 23/081 23 00 00

BRAND NEW WAREHOUSE FOR RENT

Near Prey Sor Area (Warehouse zone), 1,450sqm plus to 3,000sqm, electricity and water are connected. possible for trucks across. US$1,7/sqm Tel: 092 23 26 23/081 23 00 00

SWIMMING POOL VILLA FOR RENT

Boeung Kak2, Toul Kok Area, $3,000/mth, Swimming Pool, Nice Garden, Western Style, Big Living room, 5Bedrooms, 5Bathrooms, Full Furnished & Big Balcony Tel: 077 777 697/ 012 939 958 APARTMENT FOR RENT

2 Beds, Price:$600/m, Big Terrace, Fully furnished, Area: Near Russian Market. Tel: 092 447 391 LLA FOR RENT

SWIMMING POOL GARDEN VILLA FOR RENT

In Chamkamorn District, 4 Bedrooms, large living room, nice interior design, modern kitchen, big balcony, nice pool, garden, cars parking, quite & safety. US$3,000/mth Tel: 092 23 26 23/081 23 00 00

MODERN POOL VILLA FOR RENT

Toul Kork, 5 Bedrooms, a lot of light, big living room, western kitchen, nice pool and garden, big playground, big trees, quiet & Safety, 3 cars parking, good for living. US $3,000/mth Tel: 092 23 26 23/ 081 23 00 00

WESTERN APARTMENT FOR RENT

BKKI, 1-2 bedrooms, large living room, fully and modern furnished, western kitchen, big balcony, quite & safety area, big parking lots, good for living. US$800-US$1,200/mth Tel: 092 23 26 23/081 23 00 00

BUILDING FOR RENT

Commercial Street, 6 Stories, 12x22m, good condition for School, ofďŹ ce, Bank, showroom, clinic & Hospital, Hotel & other business purpose. US$9,500/mth Tel: 092 23 26 23/ 081 23 00 00

Ls: 18.5m x 34.5m, 9 Bedrooms, baths nice yard, good accessibility, suitable for living, residential and small hotel. Leasing period is for long time. 4,200 USD/mth (Negotiable) Tel: 095 584 007

LAND FOR RENT (L-KK00001)

Fs: 30,000m2, Free land at industrial area near Porchin Tong Airport. The owner of the land wants to rent free land. Rental 0.1 USD/square for free land Rental 1.7USD/square Tel: 097 6 707 696/ 087 818 004 VILLA FOR RENT

BRAND NEW MODERN VILLA FOR RENT

In Bassac Garden Compound, 03 Bedrooms, large living room, perfect interior design, modern kitchen, big balcony, cars parking, very quite and safety. Price: $3,000/month. Tel: 092 23 26 23/081 23 00 00

VEY NICE KHMER HOUSE FOR RENT,

At south of Russian Market, 3 Bedrooms, nice living rooms, big parking, big play ground, safety and quiute, very good condition for living. Price: US$800/month Tel: 092 23 26 23/ 081 23 00 00

WESTERN POOL APARTMENT IN BKKI

Roof top swimming pool and gym, fully and modern furnished, western kitchen, 1-2-3 bedrooms. Price: US$1,100 to US$1,900/month Tel: 092 23 26 23/081 23 00 00

Northbridge, 5 bedrooms, fully furnished, light, western kitchen, perfect garden, big playground, 03 Cars Parking, quiet & safe, very good condition for living. Rent: $ 3,500/mth Tel: 092 23 26 23/ 081 23 00 00

1ST FLOOR WOODEN HOUSE FOR RENT,

close to independent monument, 02 Bedrooms, open living rooms, western kitchen, wooden ďŹ&#x201A;oor, big balcony, Price: $ 600/month Tel: 092 23 26 23/ 081 23 00 00

1ST FLOOR APT FOR RENT

Near Royal Palace Area, 02 beds, fully furnished, very light, nice kitchen, very safety, good condition for living Price: US$400/month Tel: 092 23 26 23/ 081 23 00 00

Tel: 092 23 26 23/ 081 23 00 00

BRAND NEW APT FOR RENT

Tel: 092 23 26 23/ 081 23 00 00

BIG VILLA FOR RENT: $1900/MON

Near Toul Tompoung Market $1900 per Month Very Big Yard 1Living room, 5 Bedroom, 5 Bathrooms, Some Furniture, 5 Cars Parking Tel: 077 777 697/ 012 939 958

Tel: 081 41 44 45 / 087 818 005 WESTERN VILLA FOR RENT

16x30, Three stories house has 4 Bedrooms & baths, 4 ofďŹ ce rooms, One living room, kitchen. It is special for the residential and small ofďŹ ce. Rental 2300USD/ mth can negotiable.

BIG BALCONY APARTMENT RENT

Location: near Central Market $650/Month: 2 Bedrooms, 2Bathrooms, Western Style, Big Living room, Big Balcony, Western Kitchen Contact to View: 012 939 958

Rent: $850 - $900/mth, 2 bedrooms, 2 bathrooms, Kitchen, dining area, living room, fully furnished, balcony, full of light & elevator. Itâ&#x20AC;&#x2122;s Russian

Tel: 092 23 26 23/ 081 23 00 00

BRAND NEW APARTMENT FOR RENT

Tel: 092 23 26 23/ 081 23 00 00

OFFICE BUILDING FOR RENT

located in on the main street, 100 to 1700 sqm and $10-14 per sqm per month, big parking lot. Tel: 092 23 26 23 081 23 00 00

furnished BKK 3, Tel 012 83 88 29 HOUSE FOR RENT

Price: $850/m,Bedroom 3, Fully furnished, Near Royal Palace

WESTERN APARTMENT FOR RENT

In heart of DP, 80 units en-suite bath and furnishing, 8 ďŹ&#x201A;oors & rooftop swimming pool, L-Size: 480m2, $3,00,000,

Tel: 077 777 697 012 939 958

Centrally located in S-Reap town, new building with all en-suite & fur nishing, large parking, elevator,

$600/Month in 7 Makara Area Real Western Style, Furniture Living Room, 1Bedroom A/c Nice Kitchen, 1Car Parking

Tel: 078 85 58 85

FOR APARTMENT RENT

Price: $500/m,Bedroom 2 Fully furnished, BKK 3 Tel: 078 85 58 85

NICE FLAT FOR RENT

Tel: 078 85 58 85

SERVICE APARTMENT RENT

Tel: 078 85 58 85

SMAL VILLA FOR RENT

Price: $700/m,Bedroom 3 Fully furnished With Land Garden Tel: 078 85 58 85

MODERN VILLA FOR RENT (ARC011474)

Located in Phnom Penh Tmei, gated community, 24h security, all fully furnished, nice interior design, 5-bed with bath, price: USD 1,500/ month Tel:016 666 192 | www.arc.com.kh CONDO FOR RENT (ARC009415)

Brand new, 3- bed rooms en-suite, open kitchen & dining room, well decorated and fully furnished, all facilities available,Price: $1,600/mo Tel: 016 666 192 | www.arc.com.kh CONDO FOR SALE (ARC010748)

In Bassac garden city, 24h-secu guard,10mn drive, all facilities & services available, plus pool, size: 160sqm, Price :$210,000,

Tel : 097 6182 888. | www.arc.com.kh

APARTMENT FOR RENT (ARC009432)

HOTEL FOR SALE (ARC006609)

Close to Vietnam Embassy, 1-2 Beds, large living room, lights of lights, nice balcony, fully modern furnished, western Kitchen, good condition for living, quiet & safe. $600/mth â&#x20AC;&#x201C;$900/mth

APARTMENT FOR RENT

3 Beds, $450/m, Big, Nice & Fully

market, TTP. Tel: 017 45 70 70

Tel:016 666 192 | www.arc.com.kh

TRADITIONAL VILLA FOR RENT

Tel: 017 45 70 70

$650/m,Bedroom 1, Bathroom 1 New Fully furnished, BKK 1

3rd ďŹ&#x201A;oor unit available in CKM, 1-bed, 2-bed, large rooftop swim- pool, nice garden, fully furnished, free wiďŹ , 24h secu- guard, Price: $1,100/month

Daun Penh close to Independent Monument, 7 beds, big living rooms, balcony, nice kitchen, some furniture, good for ofďŹ ce, boutique hotel, business purpose, big parking. US$4,000/mth

POOL VILLA FOR RENT

Rent: $2,000/mth 4 bedrooms, 5 bathrooms, Kitchen, dining area, living room, pool, nice garden and full of light. Itâ&#x20AC;&#x2122;s located in TK.

VILLA FOR RENT

Area:CCV, Tel:012 838 829

NICE APARTMENT FOR RENT

Near Royal Palace Area, 1-2 bedrooms, fully furnished, lights, vey nice kitchen, very quiet & safe, very good condition for living Rent: US$600-US$800/mth

Area:CCV, Tel:092 447 391

Tel: 077 777 697/ 012 939 958

style, BKK 1, Tel: 012 83 88 29

BRAND NEW APARTMENT FOR RENT

TWIN VILLA FOR RENT

4 Bedrooms, Price: $600/m, Furnished, Western style

Price: $300/m,Bedroom 1 Fully furnished, Near Russain Market

TWIN VILLA FOR RENT

NICE VILLA FOR RENT

BKK1, 1-2-3 Bedrooms, large living room, light, Fully Furnished, western Kitchen, Steam & Sauna, roof top garden, gym, good condition for living, quiet & safe. $900- $1,500-$3,000/mth

Tel:016 807 817 | www.arc.com.kh

Price: $700/m, 4 Bedrooms, Garden, Parking: 2 Cars Fully furnished & Nice

Tel: 081 41 44 45 / 087 818 005

3 Beds, $1,500/m, Nice & Western

TRADITIONAL VILLA FOR RENT,

BUILDING FOR RENT (ARC009987)

In main business area , main road in 7 Makara, corner lot, convenient ďŹ&#x201A;oor, large parking lot, a/c 26, $ 10,900 /mth

SWIMMING POOL VILLA FOR RENT

Teuk Thlar Northbridge School, $3,000/mth, Swimming Pool, Nice Garden, Western Style, Big Living room, 5Beds, 5Baths, Full Furnished & Big Balcony

Tel: 092 757 947 / 087 818 004

In Beoung Trobek Area, 5 Bedrooms, big front yard, many trees, very quiet and safety, the best location for living and ofďŹ ce. Price: US$1,500/month

Tel: 092 447 391

Khan Dounpenh, Hs:17x40m, 13 Bedrooms, 15baths, good accessibility, suitable for running business such as Hotel, 3 car parking. Near Embassy. 5000 USD/mth (Negotiable)

Khan Dounpenh, Hs: 8.5x13m, Ls: 9mx16m, 5 Bedrooms, good accessibility, suitable fo Living and making ofďŹ ce. 2 car parking. Near By Embassy. Price 1500 USD/mth (Negotiable) PERFECT WESTERN VILLA FOR RENT

APARTMENT FOR RENT

2 Bedrooms, $800/m, Western, Nice Living room, Fully furnished, BKK 1

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Tel : 097 6182 888 | www.arc.com.kh HOTEL FOR SALE (ARC005892)

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YOUR REAL ESTATE EXPERTS

July 04, 2013 • www.phnompenhpost.com

POSTKHMER.com

Japan’s $1 trillion pension fund mulls real estate spree-CBRE

Tom Bill

apan’s public pension fund, the world’s largest, with a pool of $1.1 trillion, may start buying real estate to boost returns in a move that could involve tens of billions pouring into cities such as London and Paris, property consultant CBRE said. Any such plan by Japan’s Government Pension Investment Fund (GPIF) would come as the country’s government urges public funds to increase returns to help revive the economy, part of the game-changing economic

policies of Prime Minister Shinzo Abe. Earlier this month, the GPIF said it would shift away from bonds and into stocks to take on greater risk in the most significant shift in its asset allocation since 2006. Property typically offers a higher yield, or rental income as a percentage of a property’s value, than government bonds because it is seen as a riskier investment that takes longer to buy or sell and faces the risk of becoming empty. As central banks keep interest rates historically low, many government bond yields offer little or no return, prompting some investors to shift into real estate.

“It is striking just how much larger GPIF is than any of the word’s other pension funds ... Therefore, if it ultimately expands its remit to include international real estate, it could become a very significant player,” CBRE said. A typical real estate allocation for a fund entering the market would be 5 per cent, growing to 10 per cent, said Simon Barrowcliff at CBRE. That could mean up to $100 billion of deals in major global cities like London, Paris or New York. Overseas buyers from as far afield as Brazil and Azerbaijan spent 10.5 billion pounds ($16 billion) in the British capital last year, a 42 per cent

Morning commuters cross a street in Tokyo, Japan. Bloomberg

increase on 2011 that accounted for about a fifth of all commercial property deals by value in Europe. Asian investors have parked billions of dollars in the rela-

tive safety of commercial property in major world cities since the financial crash, often unable to spend such large sums in their smaller home markets.

Rule changes in countries like Taiwan, China and Australia that free up investors to spend more on property means the flood of cash will increase, CBRE said. REUTERS