Dynamo Digital Marketing Agency

26/11/2015

Our Chairman, Anthony Galliano, contributed to this article by James Whitehead in The Phnom Penh Post , Post Property Section on " Residential property prices rise across Asia" To read the article, click here http://www.phnompenhpost.com/real-estate/residential-property-prices-rise-across-asia

Residential property prices rise across Asia

Thu, 26 November 2015

James Whitehead

CBRE Residential Global Living Report, released this year by CBRE International, has seen two Asian real estate markets ranking in the top five highest value residential property markets worldwide, as decided by average property prices. This regional boom appears promising for the Cambodian residential property market as a parallel trend occurs, albeit, on a smaller scale in the Kingdom’s residential real estate market.
The Global Living Report examined property markets in 31 affluent cities around the world, including hubs such as Shanghai, Paris, New York, Tokyo, London and Madrid.
Hong Kong ranked number one in the Global Living Report this year, having the highest average price per square foot in the world. Singapore had the highest property price by capital value in the world, according to the report. However, when viewed on a per square foot basis it came in fifth internationally.
In Hong Kong, property prices leaped by 13.5 per cent last year alone, meaning the market saw 20 per cent average annual price growth, ranking it the second fastest residential growth market worldwide.
The report cites increased Chinese investment as a key stimulant behind this boom: “As Hong Kong attracts a substantial amount of Chinese (as well as other international buyers), the market is likely to be buoyed by the recent Chinese stock market crash, which may lead to investors finding alternative homes, such as property, for their capital.”
In Hong Kong only 65 per cent of all residential properties are owned for occupation, the report read.
Cambodia, while being pegged to the US dollar, could also benefit from this type of investor seeking to diversify their assets.
Anthony Galliano, Group CEO of Cambodian Investment Management, believes that “Cambodia’s real estate market had been historically ignored as the country wasn’t viewed as a ‘quality of life’ or ‘property investment’ destination by foreign investors.”
With Hong Kong and Singapore being Asia’s two most expensive markets, as well as world’s priciest markets, he said that developers are seeking for countries like Cambodia that are more economically viable.
Knight Frank’s Cambodian country manager Ross Wheble explained to Post Property last September, that Cambodia “has benefited [from] an influx of both foreign developers and investors seeking to take advantage of the comparatively low property prices and the relative ease at which foreign buyers can acquire freehold property (above ground floor level).”
Galliano suggests that the surge in investment in Cambodia’s property market has been driven by economic fundamentals, namely, “a more positive image of the country from frontier to developing market, and to an extent, herd instinct.”
However, as far as the cyclical nature of how property markets operate, he warned that positive indicators may not always last.
“While property prices currently remain attractive, and the country, more specifically Phnom Penh, has welcomed developers with open arms, inevitably once you do the math it is blatantly obviously there will be oversupply given the expected developments coming online in the next two years,” he said.
“Therefore while it is all rosy today, I expect turbulence in property prices in the medium-term,” he said. James Whitehead is content director at realestate.com.kh

14/11/2015

09/11/2015

Our Chairman Anthony Galliano joined the ក្រសួងពាណិជ្ជកម្ម Ministry of Commerce 101 Incubator session last Saturday. It was a great opportunity for Cambodian Investment Management to be involved in this important initiative.

09/11/2015

Happy Independence day from Dynamo

25/10/2015

Dynamo Innovative Digital Advertising was at BarCamp Phnom Penh as a Silver Sponsor through mother company Cambodian Investment Management We were astounded by the interest in our booth and the wonderful entrepreneurship at the event. The bar has been raised in Cambodia and we congratulate all the young and gifted Cambodians with new products that they have developed that will change the market.

25/10/2015

Sam Yang, CEO of Eastland HK and Vice President of YueTai Holding as our guest on Cambodia Business Week today. Sam discussed the East One International Apartments complex, located on the corner of Street 214 and Street 51 and East View Residence and East Commercial Centre, ECC and his expectations for the Real Estate market in Cambodia.
We also had Kris Reid of Ardor Media Factory the self proclaimed "Coolest Guy in SEO" as our second guest. He beat the traffic and educated in how Google works and how he can optimize search and protect brand reputation

27/07/2015

Our CEO, Anthony Galliano, contributed to this article in The Phnom Penh Post, please click http://www.phnompenhpost.com/business to read

17/07/2015

Our Guest Tomorrow on Cambodia Business Week is Michael Vetter CEO of Porsche (Cambodia), Cambodia Precision Cars. Learn about the incredible history of the Porsche brand and their line of innovative, leading-edge, master precision cars. Tune in with your host, our CEO, Anthony Galliano tomorrow at 9 am.

15/06/2015

Telecoms rush to provide 4G The Phnom Penh Post
Mon, 15 June 2015
Ananth Baliga

Cambodian telecom companies are scrambling to jump on the 4G bandwagon and tap into the Kingdom’s growing mobile internet usage, as front-runner Smart announced last week that its 4G LTE network now spans across the whole country.
Thomas Hundt, CEO of Smart, which is the only provider of 4G LTE services, said the decision to expand its network was consumer-driven, as even smaller provinces wanted access to high-speed mobile internet.
He added that while currently more than 100,000 of Smart’s 7.5 million subscribers were using 4G LTE, the investment was necessary going into the future. 4G services, in addition to voice and 3G services, provides mobile broadband internet, whereas 4G LTE is a wireless standard for high-speed access.
“Certainly the investments are substantial and won’t pay off within a couple of months. But 4G LTE is the technology of the future and we see consumer demand, so we are ready to invest,” Hundt said.
He said subscribers wanted high-speed internet on their phones and that falling prices of 4G-enabled, entry-level phones would increase the number of users.
“While the price tag for 4G LTE phones becomes more favourable, currently $160 to $170 in the entry level [segment], more and more customers will be able to enjoy the fastest mobile internet of Cambodia,” Hundt added.
The growth in 4G also comes with increased pressure on frequency requirements, Hundt said, and that further spectrum will have to be made available by the Ministry of Telecommunications.
“One of the initiatives, for example, is to achieve a higher grade of spectrum utilisation, ie licensees currently holding spectrum but not operating are supposed to give up the unused spectrum so that such spectrum blocks can be re-assigned to operators able to utilise for commercial operation,” he added.
While the big three telecoms in Cambodia – Smart, Metfone and Cellcard – all have 2G and 3G services, new entrant and Singapore-based South East Asia Telecom or Seatel has decided to directly provide 4G LTE services. The company has been in Cambodia for a year and will launch its services in the next few months.
“We are going 100 per cent 4G. This is our marketing strategy,” said Wei Xiang, publicity and planning executive at Seatel.
Xiang added that 4G was expected to change the Cambodian telecom market and by providing a high-end service, a new entrant like Seatel can compete with already-established businesses.
“First we can [use 4G to] take over the market share and then later on we can expand our package [of services],” he added.
“Everything is possible for a newcomer. Once you have the right products. You can take it over and be number 1 or number 2,” Xiang said.
According to the Digital, Social and Mobile in APAC 2015 report published in March by Singaporean consultancy firm We Are Social, the number of active users accessing social media via the mobile phones last year increased 108 per cent in Cambodia.
Anthony Galliano, CEO of local social media marketing firm Dynamo Digital, said adding 4G to a telecom’s service portfolio is necessary to tap into Cambodia’s high usage of social and multimedia content on mobile phones.
“Any telco that wants to remain in the game will need to offer 4G services and should be looking ahead to launch 5G. Their customers are on the move and mobile,” Galliano said.
“Consumers now have a mobile lifestyle which includes work and play, and their internet habits are demanding much higher internet speeds to surf the web, stream video, upload photos and videos.”

14/04/2015

សួស្តីឆ្នំាថ្មី!
Dynamo សូមប្រសិទ្ធពរជ័យ សេរីសួស្តីជ័យមង្គលវិបុលសុខគ្រប់ប្រការ កើតមានដល់អស់លោកអ្នកគ្រប់ពេលវេលា។

Happy Khmer New Year!
Dynamo would like to wish you a joyous Khmer New Year. May the New Year brings you happiness, peace and prosperity.

08/04/2015

CEO Anthony Galliano contributed this article to the The Phnom Penh Post Special Edition today

With robust GDP growth of 7 per cent in 2014 that is expected to increase to 7.3 per cent in 2015 and 7.5 per cent in 2016, as well as a reputation as an unrestrictive and relatively easy market to enter and do business in, with country risk viewed as moderate due to recent political stability, Camb…