{"id":27277,"date":"2016-09-26T22:08:31","date_gmt":"2016-09-26T15:08:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/phnom-penh-properties-are-getting-smarter\/"},"modified":"2016-09-26T22:17:27","modified_gmt":"2016-09-26T15:17:27","slug":"phnom-penh-properties-are-getting-smarter","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phnom-penh-properties-are-getting-smarter\/","title":{"rendered":"Phnom Penh properties are getting smarter"},"content":{"rendered":"


\nThis project is set to be as technologically enhanced as it is green
\nSangkat Chaktomuk square and Naga World Complex in Phnom Penh, Cambodia. Aleksandar Todorovic\/Shutterstock
\nA gated community of \u201chotel-style\u201d villas in Phnom Penh\u2019s Meanchey district will come equipped with several smart home technologies of the moment.
\nBorey Woodland, a USD70 million partnership between Cambodian developers Furi Real Estate and Naki Group, will feature \u201cconcepts that are new to boreys,\u201d including electronic controlled doors and a personalised telephone for 24\/7 delivery service.
\nDesigned by Singapore\u2019s Ong and Ong Architects, the project will break ground next month, the Khmer Times reported.
\nSprawling for seven hectares along Hun Sen Road, the development will allocate 45 percent of its lot to green spaces; hedges will serve as perimeter fences. A shopping centre will be built onsite, along with other amenities such as a sports house, restaurant, gym, and caf\u00e9.
\nMore: Cambodian developers are spending even more on luxury showrooms
\nBorey housing is proving quite resilient in Cambodia, which is grappling with an oversupplying market. Sales of borey developments plunged only 30 percent in the first half of the year, compared with 50 percent for condominiums, according to a Ministry of Finance report last month.
\nBuyers of borey developments tend to be occupiers and not just speculators. \u201cThe demand from this new generation of buyers is more stable and hence could act as a shock-absorber in case speculative buyers suddenly withdraw,\u201d the report stated.
\nThe first phase of the borey project offers 99 villas, with prices ranging from USD190,000 to USD400,000.
\n\u201cInvesting in high-end villas around the price range of USD100,000 and more are still in demand because the income of Cambodian people keeps increasing,\u201d Huy Vanna, secretary of the Housing Development Association of Cambodia, told the Phnom Penh Post.
\nRead next: Is Cambodia, future site of ASEAN\u2019s tallest building, ready for a big quake?
\n
\nSource : property-report.com
\nRead more…Phnom Penh properties are getting smarter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

This project is set to be as technologically enhanced as it is green Sangkat Chaktomuk...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-27277","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-75X","jetpack-related-posts":[{"id":23829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-phnom-penh-at-risk-of-growing-too-fast\/","url_meta":{"origin":27277,"position":0},"title":"Is Phnom Penh at risk of growing too fast?","date":"August 24, 2016","format":false,"excerpt":"\r With developers eager for a slice of Phnom Penh pie, is the city\u2019s growth spurt too quick? Independence monument in Phnom Penh. Image credit: khlungcenter \/ Shutterstock.com A surfeit in condominium supply continues to raise suspicions of a bubble encapsulating Phnom Penh\u2019s luxury residential property market, according to CityLab.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/etihad-cargo-expands-southeast-asia-network-with-phnom-penh-freighter-service\/","url_meta":{"origin":27277,"position":1},"title":"Etihad Cargo expands Southeast Asia network with Phnom Penh freighter service","date":"November 3, 2025","format":false,"excerpt":"\r The service launched during the winter 2025 season will operate two weekly flights using Airbus A321F aircraft, adding 50 tonnes of weekly cargo capacity The post Etihad Cargo expands Southeast Asia network with Phnom Penh freighter service appeared first on Arabian Business: Latest News on the Middle East, Real\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/etihad-cargo-teleport-partnership-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":38943,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/phnom-penhs-suburbs-are-swelling-with-new-projects\/","url_meta":{"origin":27277,"position":2},"title":"Phnom Penh\u2019s suburbs are swelling with new projects","date":"December 23, 2016","format":false,"excerpt":"\r There\u2019s not much room left in the Cambodian capital\u2019s city centre Nighttime in Phnom Penh. 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