Key Points: 📉 Declining Occupancy: Office occupancy at 65.1% and retail at 61.8%, reflecting subdued demand and year-on-year declines in both sectors. 🏗️ Projects on Hold: Construction delays increased by 6.3%, with projects under construction dropping 14.7% year-on-year. 🌆 Growth Pause: Condominium and commercial launches have slowed, while Phnom Penh’s market outlook remains cautious amidst declining investments.