Gov’t Taking Action Against Coastal Land Encroachers in Koh Kong and Sihanoukville
The Sihanoukville and Koh Kong provincial administrations have been taking serious actions to put an end to state land encroachment activities, following the recent unauthorised sea and canal reclamation. According to the Sihanoukville Provincial Administration’s a warning letter was issued on 15 March, for the spot where the encroacher/s filled up the sea located in […]
Read MoreRepair Works on Flood-Damaged NR5 Section in Russey Keo Completed by End Month
The repair project on the NR5 section in Russey Keo district which was damaged by floods last year has reached the final pavement procedure and is scheduled to be completed on 25 March, according to the Phnom Penh Municipality. The damaged section starts from the area in front of the SKD factory to the fishery […]
Read MoreGov’t to Seize Back Over 260 Hectares of Illegally Owned Forest Land in Kampong Speu Province
The Kampong Speu provincial administration has officially decided to seize back over 260 hectares of illegally owned forest land in Aoral District as a state asset, according to the Kampong Speu Governor Vei Samnang. Governor Samnang said yesterday that the total area of land to seize back is 266 hectares and 9 plots. Those plots […]
Read MoreIs 2021 Still Opportunity to Buy Low-Priced Properties?
Many experts have said that last year was a good time to invest in real estate as many properties have been sold below the market price due to the pandemic. However, the pandemic has continued into 2021, and the situation has currently deteriorated given the recent surge of community outbreak. Some analysts have estimated the […]
Read More20 Investment Projects Proposed for Kampong Speu Province
At least twenty new investment projects, mostly clothes and footwear factories, have been proposed to be built in Kampong Speu province in 2021, according to Kampong Speu Provincial Governor Vei Samnang. Governor Samnang told Construction & Property Magazine today that the investors are currently proceeding with their plans, but some of which are being disrupted […]
Read MoreProvincial Administration Nationwide Speeding Up Construction of Cremation Sites for COVID-19 Fatalities
The provincial administrations of each province nationwide are building crematoriums within their own provinces to be ready in case COVID-19 fatalities occurs, as the number of cases associated with the February 20 community incident is surging. To date, according to information gathered by Construction & Property Magazine, those provinces that have already started the construction […]
Read MoreSiem Reap 38-Road Renovation Project 30% Complete Despite Surge in Community Outbreak
Amid the recent surge in COVID-19 community transmission, construction on the 38-road renovation project in Siem Reap is still proceeding smoothly and will be completed as scheduled by early 2022, according to Siem Reap city governor Nuon Putheara. Mr Nuon Putheara said on 15 March that the project is around 30% complete so far. Meanwhile, […]
Read MoreCOVID-19 Crisis Proves Strongest Developers, Says Analyst
As of the beginning of 2021, the real estate market in Cambodia remains under pressure from the COVID-19 crisis, especially given the recent surge in community transmissions. Real estate analysts, on the other hand, view this long-period pressure as a reflection of which project developers have the strongest position in the market. Managing Director of […]
Read MoreReal Estate Experts Share Key Investment Methods for Low and Middle-Income Earners
Real estate experts have urged low and middle-income earners to get more involved in the real estate market, claiming investing in real estate is not complicated as it sounds. Vice President of Cambodia Valuers and Estate Agents Association (CVEA) Man Chandy said investing in real estate does not always require huge capital. Even with an […]
Read MorePropertyGuru Cambodia Property Awards Programme Launches 2021 Timeline
Cambodia’s most prestigious real estate awards programme has officially entered its sixth year with the announcement of the timeline for the 2021 PropertyGuru Cambodia Property Awards. The window for entries commenced on 01 January and the deadline for applications is set for 09 July. The programme will culminate with the announcement of Cambodia’s best and […]
Read MorePrek Pnov District to Welcome New 75-hectare National Park
Phnom Penh Municipality is turning a 75-hectare land plot Boeung Ta Mok lake in Prek Pnov district into a large national park, as over 100,000 trees will be soon planted in the area, according to Phnom Penh Governor HE Khuong Sreng. The governor said that this national park is an initiative of Prime Minister Hun […]
Read MoreQR Code Scanning on Property Ownership Title Service Temporarily Suspended
The Ministry of Land Management, Urban Planning and Construction announced on 14 March that the ministry is temporarily suspending the QR code scanning service on property ownership titles due to technical issue. The ministry announcement added that the technical team is currently re-installing the system, and the ministry will notify the public once again when […]
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