Gov’t to Revolutionise Property Ownership Transfer: Just 5 Minutes Needed

• 7 September 2023
• Local News
• 1932 Views

In a groundbreaking move aimed at streamlining the process of transferring property ownership from parents to children, the Cambodian government is set to unveil a revolutionary procedure that promises to complete the task in just five minutes. The announcement was made by HE Sar Sokha, Minister of Interior, on 5 September 2023.

The minister is poised to request the cooperation of HE Say Sam Al, Minister of Land Management, Urban Planning, and Construction, to facilitate the digital transfer of land ownership from parents to their children in an astonishingly brief five-minute timeframe.

What sets this innovative procedure apart is that it will not necessitate any budget allocation. Deputy Prime Minister Say Sam Al has already given his resounding approval for this groundbreaking initiative, ensuring its rapid implementation.

This landmark development marks a significant leap in Cambodia’s real estate landscape, offering not only a swift and efficient process but also a more accessible means of passing on property from one generation to the next.

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