property Local News

The power of the court  to review the rental amount and its risk for landlords and tenants
The power of the court to review the rental amount and its risk for landlords and tenants

During the term of a lease, both the landlord and tenant have a right to request for the court to review the rental amount if one of them considers that the circumstances have changed justifying an increase or decrease in the amount. We will see (i) that giving this power to the court may constitute a risk for the parties and (ii) that other options can be put in place for reviewing the rent in order to take into account market changes and inflationary risk. Pursuant to Articles 248 and 610 of Read More


More could be done to benefit developments along the riverside
More could be done to benefit developments along the riverside

For developers, Phnom Penh’s riverside area is a hotspot with a significant number of new residential and projects. This has proven the popularity of riverfront developments among Cambodian and foreign buyers alike. There has been growing interest in Phnom Penh’s riverside locations, particularly for residential condominium units and shophouses. “Properties along the riverside are good for investment,” according to Chan Mlop Sokha from Sokha Law Firm. However, there is a Read More


How to choose an office space
How to choose an office space

When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the company's requirements. When choosing a new office, a tenant can ask for the floor plan of the bui Read More


Thai-based Makro supermarket to open nine branches
Thai-based Makro supermarket to open nine branches

Thai-based Makro supermarket has announced it intends to open nine new branches in Cambodia following the opening of its first wholesale outlet later this year.  After breaking ground in late May 2017, Makro is currently constructing a two-storey 10,000-square-metre wholesale warehouse supermarket on a 5-hectare plot in Beong Pung Peay city in Phnom Penh’s Sen Sok district in the northwest of the capital. The giant shopping facility is located in the same vicinity as the Aeon Mall Read More


Nation’s biggest SEZ set to expand
Nation’s biggest SEZ set to expand

The Sihanoukville Special Economic Zone (SSEZ) is set to double in size over the next five years and attract 300 new tenants. Established in 2008, the facility is the nation’s largest SEZ occupying 1,100 hectares close to the nation’s only deepwater seaport. A Chinese-Cambodian joint venture, SSEZ has become a key part of the cooperation between the two nations on China’s One Belt, One Road initiative. More than 16,000 people are currently employed in 93 factories on the site Read More


Siem Reap\'s largest mall to open in 2018
Siem Reap\'s largest mall to open in 2018

Siem Reap’s largest mall and entertainment centre is set to open on a 1-hectare site in the centre of the city in 2018. The Heritage Walk is 40,000 square metre multi-storey development located on National Road No.6 that will feature covered and open-air retail space with 100 shops, restaurants, coffee shops and a cinema. The facility is expected to become a popular tourist attraction with local and international visitors alike.  Chheang Sopheak, the board of director of Emerald P Read More


A 78 floors commercial building to flourishes close to Diamond Island City
A 78 floors commercial building to flourishes close to Diamond Island City

Phnom Penh: Named the Glory International Center commercial building will invest hundred million dollars by China's investor near the Diamond Island Sattelite City close to the Bridge which will be open in 2023... (full text coming soon) Read More


Naga2 Casino and Resort launch soft opening
Naga2 Casino and Resort launch soft opening

Phnom Penh: Along the Tonle Mekong riverside facing off 133 storey skyscraper project, Naga 2 featuring hotel and casino...(full text coming soon) Read More


Royal Government has bought Koh Kong Bridge
Royal Government has bought Koh Kong Bridge

Phnom Penh: Royal Government has decided to buy Koh Kong Bridge... Read More


First Cambodian developer to go ASEAN
First Cambodian developer to go ASEAN

WorldBridge Group is the first Cambodian-based firm to reveal an ambitious vision to operate across ASEAN markets. After strengthening its local base with a comprehensive range of business ventures, the conglomerate has already started to make some of its services available in the ASEAN region with plans to expand further.  To date, the group has already expanded into Laos and Myanmar and recently announced plans to seek more business opportunities in the Philippines and Indonesia market Read More


Camcona
Campu Lunpac
Comin Khmer
ETS Cambodia
LCC
SCG
MULTICO
Ocean
Seara Sports Engineering and Creation Asia (Cambodia) Co., Ltd.
TEM
TPC
Wiki
Rinnai
Kansai Paint
Cambodia Business Partner
Camcona Group
KRock
Plus Enterprise
United Mercury Group
Muhibbah Engineering (Cambodia) Co., Ltd
Dynamic Scientific Co., Ltd
CBMS
BMSC Business Machines & Supplies Center
Business Machines & Supplies Center (BMSC)
home.58cam
UPG Cambodia
Fuxin Steel Buildings co. ltd
Phnom Penh Precast Plants co. ltd
Legrand
Sika Cambodia
Group Four
Sokea Garden
ISI PALM co., LTD
Star 5 Condo
Diamond Glass
Schwing Stetter India
YY TYY Taiwan