The Hypothec Revolution
The Cambodian Law on Application of the Civil Code was implemented in 2011 and abrogated some provisions of the 2007 Civil Code, and the 2001 Land Law. The new law has significantly impacted the structuring of business operations related to security rights, including for financial institutions providing credit.
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Construction of ?the Bridge? Kicks Off
Groundbreaking for the 45-story, twin-tower condominium development, “The Bridge”, was launched on June 12 to tap into a growing demand for high-end residential and commercial units. Developers and realtors say the complex will be a gem along the city’s riverbank.
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Rethinking the Real Estate Paradigm
The real estate industry is booming, not only in Cambodia but across most of Asia.
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Where Will We Go in 2016?
In 2016, we expect to see a steady housing market that will grow along with the economy. I predict a healthy growth in both real estate sales and prices, similar to what we saw in 2015, although at a slightly slower pace. 2016 should be much more predictable and stable than past years.
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