Property Focus
Singaporean Firm PropNex Enters Cambodia Property Market with Over 500 Sales Agents
Singapore’s largest listed real estate agency PropNex has expanded its business into the Cambodian market with a headquarters in Phnom Penh and office branches in Siem Reap and Sihanoukville, according to the firm’s press release on 19 May. The expansion will add over 500 sale agents in Cambodia and bring up the total agents of […]
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Locals Receiving State Land in Koh Kong Must Apply for Permit Prior to Any Developments
Citizens who claim to have obtained state land from protected zones in Koh Kong province must request for a permit before starting to clear the forest or develop any constructions on the land, according to a Botum Sakor District Administration announcement on 18 May. The announcement stated that the locations required for development permits include […]
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Kampong Speu’s Cultivated Area Increases to Over 120k ha Despite Growth of Factories
Despite the growth of the number of factories, the cultivated area in Kampong Speu province rose to over 120,000 hectares as of early 2021, according to Governor HE Vy Samnang HE Vy Samnang posted on Facebook on 18 May that the cultivated area of Kampong Speu province has increased from 110,000 hectares to 120,000 hectares […]
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Luxurious Beachfront Living on a Whole New Level with Lennar
Golden Gate Global works closely with Lennar International to offer international real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in Harbor […]
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Understanding Property Leasing Contracts in Cambodia Based on the Civil Code
For most people, a property leasing contract is simply an agreement with two parties. However, if the lease is made on a large scale such as to a company or a foreigner, the leasing procedure or contract will require more steps and legal conditions to avoid disputes. Let’s find out. A lease contract is a […]
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Kampong Cham Authorities Warn About Severe Legal Action Against Mangrove Forest Encroachment
The Kampong Cham Provincial Administration has ordered relevant officials to prevent any illegal encroachment on mangrove forest land and warned that severe legal action would be taken against the encroachers, according to a meeting of officials on 17 May. The meeting focused on solving the encroachment case on a mangrove forest land plot in the […]
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Koh Kong Authorities Greenlight Another Sand Mining Business in Kiri Sakor District
The Koh Kong provincial administration has granted a permit to KNPG Investment Co., Ltd to operate a sand mining business in Preaek Khsach commune in Kiri Sakor district. However, the firm must follow a set of guidelines, according to an official meeting on 13 May. The meeting mainly discussed the social and environmental impact of […]
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Over 400 Families Living Along Siem Reap River to be Relocated
A total of 431 families living on state land along the Siem Reap River from the Neak Bridge to the Angkor Bridge in Slor Kram commune, have been ordered to demolish their properties and relocate to new government-provided land plots. Deputy Governor of Siem Reap Province Ngan Phirun said during the site inspection yesterday that […]
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Number of Mortgage Applications in Q1 Increases by 15%, Though Values Drop by 4%
The number of mortgage application in Cambodia in the first quarter of 2021 increased by 15% compared to the previous quarter, according to a recent report by the Credit Bureau Cambodia (CBC). The report added that even though there was an increase in the number of applications, the total value of mortgages, in contrast, dropped […]
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Top 5 Tallest Wooden Buildings in the World
When talking about skyscrapers, who could imagine them to be built from wood? However, there are some skyscrapers made from timber. Here is the list of tallest timber buildings in the world arranged by Construction Review Online. 1) Voll Arkitekter’s Mjøstårne, Brumunddal, Norway The 85 metre-high tower claimed the title of the tallest timber building […]
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