English 
ខ្មែរ 
Foreign Ownership Practices Tightened
- 27 August 2016
The Ministry of Land Management, Urban Planning and Construction has instructed all districts in Phnom Penh to halt the provision of soft title ownership documents in co-owned buildings in foreigners’ names. The 2010 Foreign Ownership Law makes it clear that only condominiums can be owned by foreigners and that properties in co-owned buildings (like apartments) require ownership through a nomin...
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ACF Approves Myanmar Membership
- 27 August 2016
After two years of protracted negotiation, the ASEAN Contractors Federation (ACF) has finally admitted Myanmar as a member of the regional association at its 41st council meeting. Convened at Bangkok, Thailand on 3 June, 2016, the assembly admitted the Myanmar Construction Entrepreneurs Association (MCEA), representing the building industry of Myanmar as its eighth member. The MCEA was estab...
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Minister Chea Sophara Endorses CCA Activities
- 27 August 2016
Three months after being appointed as the Minister of Land Management Urban Planning and Construction (MLMUPC), H.E. Senior Minister Chea Sophara has endorsed his activities organised by the Cambodia Constructors Association (CCA). In a meeting on 23 June to express support for his appointment, H.E. Chea Sophara endorsed the actions and activities organised by the CCA to develop Cambodia’s cons...
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Safety Training Centre Initiated
- 27 August 2016
Amid the current building boom, thousands of construction workers in Cambodia risk their lives for a daily fee of less than USD10. To tackle this issue, an initiative to establish the first construction safety training centre is underway and hoping to start training workers soon. After witnessing the lack of professional certified safety training in Cambodia, Stephen Bradley, managing director ...
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Cooling Vietnam’s Hot Property Market
- 27 August 2016
Having experienced surging growth amid stagnation in other ASEAN markets, Vietnam’s property sector has had cooling measures imposed by a government nervous of the market overheating. The State Bank of Vietnam announced that from 1 January 2017, commercial institutions will be allowed to use no more than 40 percent of short-term funds for mortgages and other real estate lending. Credit exposure...
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Asia Pacific Commercial Investment Tumbles
- 27 August 2016
Total commercial property investment turnover in Asia Pacific tumbled by 36 percent in Q1 2016 according to a CBRE report. CBRE’s Q1 2016 Market view blamed the decline on a weaker economic environment, stock market volatility and risk-averse investors, although it did note that Asian investors remain confident. Chinese investors in particular have remained active, especially in Hong Kong wh...
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Japanese Investors Lead in Vietnam
- 27 August 2016
A stable economy, robust real estate market and a dynamic, savings-focused young population are attracting significant numbers of Japanese property investors to Vietnam. Japanese firms Sanyo Homes, Creed Group, Hankyu Realty Co Ltd, and Nishi-Nippon Railroad Co have all entered partnerships with Vietnamese companies this year to invest in mixed-use and residential property developments in the s...
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ASEAN Resorts Look to the Skies
- 27 August 2016
Airport upgrades and new constructions are taking place across ASEAN’s top resort areas to increase tourist numbers and drive their real estate markets. According to Property Report, this trend aims to bring a number of positive local and regional benefits. Greater access and awareness through better connectivity serves as a catalyst for local investment and employment in improved tourist infra...
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Qataris Buy Singapore Tower
- 27 August 2016
Asia Square Tower 1, a landmark premium Singapore office skyscraper has been sold to a fund to the Qatar Investment Authority (QIA) for USD2.45 billion, reports World Property Journal. The world class building has the largest floor plate in the iconic Marina Bay area and has been awarded Green Mark Platinum status. Rob Blain, Executive Chairman of CBRE Asia Pacific told World Property Journa...
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Real Estate Helps Drive Myanmar Growth
- 27 August 2016
Myanmar’s real estate sector is at the heart of 2016 economic growth projected to be the fastest in the Asia Pacific region. The Asian Development Bank expects Myanmar’s economy to grow by 8.4 percent in 2016, thanks to a combination of political reforms and an easing of international sanctions which have seen an influx of international interest and investment to the nation. The Directorate ...
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Construction Slows But Home Loans Rise
- 27 August 2016
Despite the recent statistics from the Ministry of Economy and Finance warning of a slowdown in the construction sector over the next five years, Cambodia’s commercial banks continue to see strong growth in housing loans. Leading high street banks such as Acleda, and CIMB saw significant growth in housing loans granted in the first five months of the year. According to a report in the Khmer Tim...
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ការពិនិត្យមើលក្បាលដីដោយឧបករណ៍រ៉ាដារបស់ក្រសួងរៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់
- 27 August 2016
ក្រសួងរៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់ (MLMUPC) បច្ចុប្បន្នកំពុងធ្វើសេចក្តីព្រាងសេចក្តីប្រកាសដែលនឹងបញ្ឈប់សមត្ថភាពរបស់សាលារាជធានីភ្នំពេញ និងសាលាខេត្ត ក្នុងការចេញវិញ្ញាបនបត្រសម្រាប់ការលក់ដីដែលក្រសួងចាត់ទុកថាមានហានិភ័យខ្ពស់។ បញ្ហា គឺចាប់បាននៅលើឧបករណ៍រ៉ាដារបស់ក្រសួង ដោយសារតែមានការកើនឡើងនៃចំនួនប្រតិបតិ្តការលក់ដែលអ្នកលក់ដីមិនបានផ្តល់ជូនអ្នកទិញនូ...
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