Market Information

20Apr 2022 by admin

Building material prices rise due to Russia-Ukraine conflict and China’s epidemic control

Market info
The chairman of Cambodian Real Estate Appraisal Association said recently that the price of major building materials is rising due to the Russia-Ukraine conflict and China's epidemic control blockade. If the price of building materials increases for a long time, it will seriously affect the construction price. Cambodia is gradually moving away from the epidemic, and the government has announced the full opening of the country, so economic activities can be resumed. Therefore, despite the fluctuation of building materials prices, real estate prices remain stable. The Ministry of Finance predicts that the gradual return of foreign investment will allow the Cambodian real estate market to gradually recover at a rate of 2.4% and 4.8% in 2021 and 2022. In addition, investment and demand for low- and medium-priced properties will continue…
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19Apr 2022 by admin

Picasso City Garden wins three awards at the Cambodia Real Estate Awards and receives professional recognition

Official News
Phnom Penh, April 7, 2022 - The Cambodian Real Estate Awards were announced yesterday, and Picasso City Garden, an icon of luxury real estate in Phnom Penh, was recognized by professional judges for its aesthetics and quality, winning three awards among many competitors, including Apartment of the Year and Best Design. The three awards include Apartment of the Year and Best Design. Picasso City Garden wins 3 awards at the Cambodia Real Estate Awards Cambodia's most prestigious real estate awards, the Cambodia Real Estate Awards, were held yesterday evening (April 7), with more than 30 developers competing for the awards. Picasso City Garden, Cambodia's benchmark luxury property and the only Picasso-themed luxury property in Asia, was recognized and endorsed by the organizers and judges, beating out many other entries to…
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25Mar 2022 by admin

Phnom Penh’s population continues to increase and will account for 36.3% of the country’s total population by 2030

Market info
According to a research report by the National Bureau of Statistics of Cambodia's Ministry of Planning, the capital Phnom Penh will account for 36.3% of the country's total population by 2030. With the continuous economic growth and urban traffic congestion problems, the Royal Government is bound to expand the city map of Phnom Penh. According to official Cambodian estimates, by 2030 about one-third of Cambodians will live in urban areas across the country. In addition, according to a new study by the Cambodian Ministry of Land Planning and Construction, the urbanization rate is expected to increase to around 44 percent by 2030, compared with 27.1 percent in 2008 and 30 percent in 2014, according to a 2015 report. %. According to Pan Subo, Secretary of State at the Ministry of…
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17Dec 2021 by admin

Titan Stone Life Insurance Made A Donation Angkor Hospital for Children

Official News
Titan Stone Life Insurance has always been paying attention to the disadvantaged groups of people. We have gone to many provinces and regions to do charity activities to convey our love. Recently, Titan Stone Life Insurance is honored to receive a notice from the Insurance Association of Cambodia that it will participate in a social event under the "Smile" plan to contribute to preventing the spread of Covid-19 and supporting children's healthcare and help people in difficulties. After receiving the notice, Titan Stone Life Insurance immediately made a donation of US$1,000 to the Angkor Hospital for Children  in Siem Reap Province, in order to share love with disadvantaged children and enhance their happiness. At the same time, it is also in accordance with the principle of Titan Stone Life Insurance…
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30Nov 2021 by admin

H.E Ph.D Hun Manet Congratulated Picasso City Garden Completion

Official News
H.E Ph.D Hun Manet Congratulated Picasso City Garden Completion The Only Picasso-Themed Luxury Apartment in Asia is in Heart of Phnom Penh   Phnom Penh, Nov. 26, 2021 – Picasso City Garden, the only Picasso-themed luxury apartment in Asia is completed. It is congratulated and praised by H.E. Ph.D Hun Manet, the Deputy Commander-in-Chief of Royal Cambodia Armed Commander of Army’s Infantry and Commander of Special Force. Titan Stone Group overcomes difficulties caused by the pandemic and brought the art mansion to the world. The group expects Picasso City Garden to become a new benchmark in luxury apartment and real estate industry in Phnom Penh. [caption id="attachment_2185" align="aligncenter" width="640"] Picasso City Garden, Asia Only Picasso-Themed Luxury Apartment[/caption]   Congratulations on Completion of Picasso City Garden, H.E Ph.D Hun Manet Welcomes…
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24Aug 2021 by admin

Bakong, Cambodia’s digital currency, promotes leap forward, Japan and Malaysia love it

Titan Stone Research
The Cambodian government has spared no effort in the development of digital currency. After its digital currency Bakong is launched in 2020, it will not only receive support from the domestic banking community. This year, it has attracted the attention of countries such as Japan and Malaysia. Cambodia's digital currency will also become more and more influential in the international arena. Cambodia Pioneer in the investment of national digital currency In recent years, because of blockchain technology, it has broken through the dilemma of currency encryption technology and strengthened the development of national digital currency. According to a report by PWC, a world-renowned accounting firm, the Bahamas, China and Cambodia are the three countries with the best retail digital currency development. The Central Bank of Cambodia chose to cooperate with…
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10Aug 2021 by admin

Extreme weather ravages the global economy seriously

Titan Stone Research
Both Europe and China were hit by floods this month, causing serious casualties and economic losses. In recent years, droughts, floods... and other natural disasters have continued, mostly due to extreme weather. The climate is becoming more and more unstable, which may severely hit the global economy. Natural disasters continue to suffer in many countries around the world Recently, western European countries and China have experienced torrential rains. One month or one year of rainfall in the disaster area caused floods, causing serious casualties and property losses. In the first half of this year, the United States caused a fire in California due to a high temperature and heat wave, causing $30 billion in economic losses. According to data from the National Oceanic and Atmospheric Administration (NOAA), the average temperature…
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29Jul 2021 by admin

Construction Status of Picasso City Garden in Jul. 19, 2021

Construction Status
A mansion with both aesthetics and life-Picasso City Garden is still standing firm in the epidemic and moving forward gradually. Now that the outer scaffolding has been removed, the exterior design with texture and local characteristics is clearly visible. At present, the main structure has been completed, nearly 90% of other projects have been completed, and the fine decoration project has also been started. Main structural engineering: 100% completed Aluminum door and window exterior decoration project: 90% completed, 3-29 floor window frame installation, aluminum clad plate, grille, glass railing embedded parts installation, aluminum door and window exterior decoration.The project is expected to be completed by the end of July 2021 Secondary decoration project: 98% completed, wall plastering is expected to be completed by the end of January 2021, interior and…
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28Jul 2021 by admin

KY iCENTER, Cambodia’s first smart sharing business office was completed

Construction Status
After experiencing the impact of the epidemic, the KY iCENTER jointly developed by Titan Stone Group has overcome numerous difficulties and has been successfully completed. The magnificent hall, science and technology business center, nearly 1,000 square meters of shared space, high-rise LED screens and smart planning, etc., provide the best office leasing flexibility and space benefits for enterprises. [video width="540" height="960" mp4="http://www.titanstonegroup.com/wp-content/uploads/2021/07/KY-iCENTER流水大螢幕.mp4"][/video] LED screen, 21 F [caption id="attachment_2125" align="alignnone" width="951"] Ground Floor[/caption] [caption id="attachment_2126" align="alignnone" width="879"] Reception at business center, 21F[/caption] [caption id="attachment_2127" align="alignnone" width="1114"] Shared meeting rooms, 21F[/caption] [caption id="attachment_2128" align="alignnone" width="913"] Sky Bar, 38F[/caption] [caption id="attachment_2129" align="alignnone" width="1111"] Swimming Pool, 38F[/caption] [caption id="attachment_2130" align="alignnone" width="1111"] Sauna Room, 38F[/caption] [caption id="attachment_2131" align="alignnone" width="1111"] Gym, 38F[/caption] [caption id="attachment_2132" align="alignnone" width="1114"] Exterior of KY iCENTER[/caption]
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