Property Focus
What is Timeshare? – What Are The Differences Between Timeshare & Condotel?
Timeshare investment is the division of ownership of a unit in a hotel or resort into smaller parts/shares so that investors can purchase shares at an affordable price. Shares are divided based on usage time, typically in one-week increments. Thus, with 52 weeks a year, the property will have a total of 52 shares. For […]
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New Ecotourism Development Project Proposed for Prey Nob District, Sihanoukville
A private firm Eco Beach Development together with the Boeung Chum fishing community have proposed to invest in developing a new ecotourism project in Prey Nob district in Sihanoukville. The proposed project is located in Sre Cham Krom village, O’Chrov commune in Prey Nob district, according to the firm’s representation during their online meeting with […]
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URBANLAND Partners with banks for faster loan processing and better payment plans
Award-winning local real estate developer Urbanland, a member of ISI GROUP, has signed a series of Memorandum of Understandings (MoU) with BRED Bank, CIMB Bank, and J Trust Royal Bank for their latest residential Borey project Chankiri Palm Creek. These partnerships will enable Borey Chankiri homebuyers to enjoy the benefits of faster home loan processing […]
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Cambodia Selecting Best Villages to Join UNWTO’s ‘Best Tourism Villages’ Competition
The Ministry of Tourism is selecting the three best villages from a group of 100 villages nationwide for the `Best Tourism Village` competition of the United Nation’s World Tourism Organization (UNWTO). The government has decided to select its best villages under the procedure of the Clean City contest, according to the statement of the Council […]
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Indonesia Eyes Construction & Real Estate Investment in Cambodia
Indonesia is looking for opportunities to partner with three Cambodian tycoons to invest in several key sectors in Cambodia, while construction and real estate are among the top priority. The interest was expressed through the Indonesian Ambassador to Cambodia Sudirman Haseng during a meeting with President of WorldBridge Group Oknha Sear Rithy, President of Mong […]
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Gov’t to Develop Sustainable Eco-tourism Zones in 7 Target Provinces
The Ministry of Environment and the Ministry of Rural Development are working together to develop sustainable eco-tourism zones in seven target provinces. According to an official meeting on Wednesday14 July, those seven provinces include Kampong Speu, Koh Kong, Kampong Chhnang, Pursat, Battambang, Siem Reap and Kampong Thom. Meanwhile, the destinations will include the Aoral Mountain […]
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Kampong Chhnang Authorities to Strengthen Controls on Divided Land Plot Businesses
Kampong Chhnang Governor HE Sun Sovannarith has urged community-based authorities to collect data and update the numbers of divided land plot development businesses throughout the province, to be able to enforce a better management system. HE Sun Sovannarith gave the order while chairing a meeting with relevant officers to discuss divided land plot development on […]
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Over 10 Commercial Real Estate Disputes Resolved Through National Arbitration Centre
From 2013 to June 2021, the National Commercial Arbitration Centre has settled more than 29 disputes in various commercial fields, or equivalent economic value of approximately US$80 million, 57% of which were from the construction and property sectors. National Commercial Arbitration Centre President Bun Youdy said that out-of-court cases solved include sectors such as construction, […]
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LABS Group to Auction World’s First NFT Resort in Indonesia, Name Cambodia as Next Target
By LABS Group/ACCESSWIRE LABS Group, an end-to-end blockchain property investment platform, will begin its auction of the world’s first-ever community-owned resort and Rewarding Timeshare (RTS) non-fungible token on 15 July 2021. The Kunang Kunang Glamping is a brand new resort located in Banyuwangi, Indonesia and is developed and operated by LABS Group partnered with Gravity […]
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Takhmao & Areas Along NR3 & NR4 Chosen as Economic Clusters in 2035 Development Plan
Takhmao City and Phnom Penh suburbs along NR3 and NR4 have been chosen as the locations for economic activities and factory clusters, according to the 2035 Phnom Penh land-use master plan. The master plan also stated that the location of economic activities such as factories will be no longer located within the administrative boundaries of […]
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