Local News
Land prices in Sihanoukville skyrocket by over 90% in six months
Land prices in Sangkat 3 and Sangkat 2 of Sihanoukville has risen sharply by more than 90% and more than 15% respectively in the first six months of 2019, according to a recent report released by real estate firm Key Real Estate. With strong development in Sihanoukville, prices of land in Sangkat 3 rose sharply […]
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Special Offer! Discounts of up to 7% for all projects from Chip Mong Land
Phnom Penh: Chip Mong Land is offering a special opportunity with a discount of up to 7% to its customer on all residential projects from 01 July 2019 onwards. Chip Mong Land, one of the largest and most well-known real estate development companies in Cambodia, currently holds eight mega-luxury residential projects comprising of LandMark 271, […]
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CRBC completes financial close for US$1.8 billion expressway
China Road and Bridge Corporation (CRBC) has closed financing on a US$1.8 billion expressway project in Cambodia. The financial close of the project was made for the 190-km expressway connecting Phnom Penh capital to the country’s deep seaport Preah Sihanoukville province in March this year. Global law firm Hunton Andrews Kurth provided CRBC with financial […]
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HYPOTHEC: THE MOST COMMON USED ENCUMBRANCE IN CAMBODIA
by Sciaroni & Associates, Unofficial translated by Construction & Property Magazine Since the introduction of the Civil Code of the Kingdom of Cambodia in 2007, a hypothec has been known as one of the most commonly-used encumbrances for securing an obligation. This short article will briefly discuss the general overview of hypothec, its advantages as […]
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Condominium Development Shifts to Affordability After Decrease in Roi on High-end
The development trend in the Phnom Penh condominium market has now shifted toward the affordable segment following a decrease in return of investment on the high-end segment which industry insiders believe is a positive sign for the market. According to the recent Q2 2019 Phnom Penh Market Update report by international real estate agent CBRE […]
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Indonesian Government Raises Price Threshold for Tax on Luxury Properties
In an effort to boost its real estate industry, the government of Indonesia is raising the price threshold of luxury sales tax on residential property.
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Prince Real Estate Selects Cambodia as Strategic Base for Southeast Asia
After establishing a strong presence in the Cambodian market, Chinese property conglomerate Prince Real Estate Group has announced that it has selected Cambodia as a strategic base to achieve
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Swiss Based Company Plans to Develop Us$40 Million Hospital in Cambodia
In response to national economic growth and demand for good healthcare, Swiss-based companies revealed plans to develop a hospital in Cambodia during a meeting between representatives of the companies
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Asean Realtor Inc. To Deliver New Way of Life With Romduol Eco Resort in Kampot
In response to the demand of places for relaxation and retreatment for higher income earners in this booming real estate market, local developer ASEAN Realtor Inc. is to deliver new way of life
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Vietnam’s Real Estate Sector Continues to Boom
As Vietnam’s economy sees record growth with 6.8% expected in 2019, the real estate sector continues to enjoy an unprecedented boom.
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