Property Focus
Collective Investment Scheme – Cambodia
A Collective Investment Scheme (“CIS”), as defined by the law of Cambodia, is an investment structure where various individuals come together by pooling their money to invest in a particular asset in the form of fund collections, returns or profits earned by the investors as per their investment proportion agreement or as per the shareholding […]
Read More
Koh Kong Kroa Island’s future development potential expects, once enlisted as a “marine national park” in 2021
The Royal Government is studying development projects on Koh Kong Kroa Island, the country’s largest island, with a total area of 103 square kilometers; and expects to transform it into a “marine national park” in 2021. On June 4, the Royal Government of Cambodia issued a decision on the establishment of a commission to oversee […]
Read More
MoE registers 30,000 hectares of natural heritage sites, plans to enlist more
Since 2016, the Ministry of Environment (MoE) has issued sub-decrees to establish 11 historic mountain resorts as natural heritage sites on a total area of 28,719.391 hectares and is now considering list other natural sites. “The Royal Government’s sub-decrees to transform these 11 mountain resorts into mountain natural heritage sites marks our high consideration on […]
Read More
What kind of immovable properties are taxable?
With the real estate sector booming, especially in the land and housing markets in Cambodian cities and provinces, understanding the types of taxable immovable property is important for property developers, land broker agencies and the general public to process their tax payment as required by law. What kind of immovable properties are taxable? The definition […]
Read More
Successful strategies for real estate developers in this slow market
Aside from the aggressive discounts available in the market, ongoing with the oversupply of condominium units, real estate developers are being urged to come up with new strategies to hit or keep up their sales targets, as sales have remained flat for most condominium developments, with the price collapse most noticeable in Sihanoukville. Affordability has […]
Read More
Revolution of future office spaces
The office market will keep growing as land prices continue to soar, just as office rents in Phnom Penh have risen consistently over the last few years, despite the incoming supplies on the market. The office market today in Phnom Penh is still on the rise and, so far, there is no risk factors currently […]
Read More
People Request 350 Hectares of Land, Two Ministers Say ‘No Objection’ but Asked for Proper Registration
Responding to a request from almost 300 Oleu community representatives to cut 350 hectares from the Northern Tonle Sap Bengal Florican Protected Area, HE Som Sam Al, Minister of Environment, said that the Ministry of Environment had not refused, but the O’Luo community must fulfil the legal requirement and proper registration first. According to the […]
Read More
Challenges ahead for the real estate slowdown
As the number of foreign workers and travellers in Cambodia decreased since the government announced a ban on the Chinese-run online gambling operations last August, there has been a change in demand and a resultant impact on the residential property sector in Cambodia. Previously, Chinese investments drove the spike in rentals in Sihanoukville, buoyed by […]
Read More
ASEAN: StoryTeller lets companies and clients buy real estate digitally
PropertyGuru FastKey has launched the ‘StoryTeller’ feature, a 360-degree digital real estate project tour that enhances the experience of home buyers to assess property projects as real-world tours just like they are walking in real life. The buyer can choose to look at any project that they are interested in and can also choose to […]
Read More
The GDT reminds immovable property owners to pay taxes before 30 September
The General Department of Taxation (GDT) has reminded all immovable property owners in Phnom Penh and all provinces to pay their property taxes including the tax on unused land for 2020 before the end of 30 September 2020, according to the notification of the General Department of Taxation on 28 May 2020. Seeing the stagnation […]
Read More