Property Focus
Real Estate Price in Recent Flood-Affected Areas to Decline Sharply for Two Years, says Expert
A local real estate expert has said that the price and the sale and purchase transactions of real estate projects in the south of Phnom Penh, which were hit hard by floods in October last year, will drop significantly for at least one or two years. However, it is expected to recover after the government […]
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CBRE: Cambodia’s Real Estate Market to Recover by 60% in 2021, but Lower Than 2019 Baseline
Managing Director of CBRE Cambodia Ann Sothida predicted that Cambodia’s real estate market will improve by 60% in 2021 compared to 2020 but is expected to be lower than the 2019 baseline. Ms Sothida told Construction & Property Magazine on 08 January that 2021 will be a better year but not as good as it […]
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Why Should Couples Register a Marital Property Agreement?
In Cambodia, married couples frequently face asset division disputes when divorce occurs, which in most cases are real estate assets such as houses or land. The reason is that most of the couples here in Cambodia do not have a formal marital property agreement or also known as a Registration of a Spouse Property Contract. […]
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Expert Predicts Two High Potential Provinces for Resort Investment in 2021
A local real estate expert expects that Kompot and Kep will become high potential investment destinations, especially for resort development in 2021 or after the pandemic ends, as those provinces have been strongly attracting more and more local visitors. Mr Sorn Seap, Founder and Director of Key Real Estate Co., Ltd., told Construction & Property […]
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Expert Plugs Sihanoukville for Next Property Boom After COVID-19
Among all provinces in Cambodia, Sihanoukville, and in particular Ream district, will become the highest potential investment destination for those looking for profits in 2021 or during the post-COVID-19 period, according to Founder and Director of Key Real Estate Co., Ltd. Mr Sorn Seap. Mr Sorn Seap told the Construction & Property Magazine on 05 […]
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Khmer-owned Tech Firm Vows to Promote IoT and Smart Technology in Cambodia’s Construction Sector
Khmer-owned system integrator trading firm S Era Automation has vowed to promote and integrate IoT and smart technology into Cambodia’s construction sector by continuously educating the market on how to effectively utilise these technologies. Though the construction sector in Cambodia has been growing significantly, smart technology is still limited compared to neighbouring countries such as […]
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Government Voids 30-hectare Boeung Ta Mok Land Allocation from 2020
The Cambodian government has voided the 30-hectare Boeung Ta Mok land allocation, which last year was given to the Ministry of Rural Development and three other state institutions to build their headquarters. In the meantime, the government has also ordered the relocation of some ministries and government offices’ headquarters as well. According to the Office […]
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Gov’t Opens Bidding for Sand Mining on Over 2000 Hectares in Two Provinces
The Ministry of Mines and Energy has publicly allowed private firms to bid for sand mining leases on over 2,000 hectares in Koh Kong and Sihanoukville. According to a letter issued on 30 December 2020, there are three locations in Koh Kong province. These include a 109-hectare area in Ta Noun commune of Botum Sakor […]
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Over 680 hectares of Boeung Ta Mok Allocated to Public and Private Sectors in 2020
In 2020 alone, the government has allocated Boeung Ta Mok land to the public and private sectors at least nine times or equal to over 682 hectares, according to documents obtained by Construction & Property Magazine as follows: Early March 2020: 83 hectares of Beoung Ta Mok was granted to Phnom Penh Municipality to be […]
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Woman Behind the Success of the Award-Winning Urban Village & Factory Phnom Penh
“Being physically smaller doesn’t mean that we are weaker intellectually”, said Catherine Chan, Founder and Executive Director of Urban Village & Factory Phnom Penh and the Director of Goldfame Group. Catherine Chan is a woman executive currently managing multi-million-dollar businesses in both the real estate and garment industries in Cambodia. She is the Founder & […]
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