Property Focus
Navigating a Stagnant Market: Location Remains Key for Selling Houses in Cambodia
As the residential real estate market in Cambodia enters the midpoint of 2023, it faces intensified competition and weakened demand. Sales in the sector have become increasingly challenging, with only a select number of condominium and landed property projects in prime locations managing to maintain or slightly increase their asking prices, according to CBRE Cambodia’s […]
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The Gov’t orders to move all illegal structures on the Tasal Dam, Kampong Speu Province immediately!
In a bid to ensure the preservation of the Tasal Dam Reservoir in Tasal Commune, Oral District, Kampong Speu Province, the Department of Water Resources and Meteorology of Kampong Speu Province has issued a firm directive to address the pressing issue of illegal structures encroaching upon the dam’s surface. In an official announcement dated July […]
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The Gov’t allocated 6,234 hectares of land in Botum Sakor National Park for private investment
The Cambodian Government has greenlit the allocation of a substantial 6,234-hectare area within the pristine Botum Sakor National Park, situated in Botum Sakor District, Koh Kong Province. The designated land is set to be leased to Koh Kong Rubber Plantation for private investment, marking a strategic move aimed at bolstering economic growth. According to the […]
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Realestate.com.kh Home & Lifestyle: Cambodia’s Biggest Property EXPO
Realestate.com.kh is bringing back its massively popular Home & Lifestyle EXPO 2023. The event which is just one month away will be happening on the weekend of August 12 & 13, at Koh Pich Exhibition Center. The Home & Lifestyle EXPO is part of Realestate.com.kh’s annual events, offering attendees the opportunity to secure the best […]
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TR and CCC Join Forces to Propel Trust Sector Advancement in Cambodia
In a momentous step towards enhancing the trust sector in Cambodia, the Trust Regulator (TR) and the Cambodian Chamber of Commerce (CCC) have inked a significant Memorandum of Understanding (MoU) focused on “Cooperation on Raising Public Awareness and Promoting Participation in the Public Sector in Cambodia.” The official signing ceremony of this pivotal MoU took […]
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Elevate Your Living and Business in the Heart of Phnom Penh with UC88 Project in BKK1
Unveiling an exceptional residential and commercial space blend, UC88 stands tall as a mixed-use development project in the vibrant Boeung Keng Keng I area. Located along Street 322 near Monivong Blvd, this impressive 45-storey building offers an alluring proposition, providing both contemporary condos and versatile strata-offices, catering to the modern lifestyle needs of residents and […]
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All real estate disputes can complain to the Real Estate Business and Pawnshop Regulator
Upholding the principles of transparency and accountability in the real estate development sector, the Real Estate Business & Pawnshop Regulator opens its doors to all citizens facing disputes related to real estate dealings. In a press release dated July 15, 2023, the regulator has been designated as the sole authority responsible for managing and overseeing […]
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Mid-2023 Update: Cambodia’s Retail Sector Saw A Slight Decline, But New Strategy Emerged
Amidst a changing retail landscape, the first half of 2023 showcased a slowdown in new retail completions, following a wave of launches and developments in 2022. As of mid-year, over 39,000 sqm of new retail space was added, representing a 6% increase in total supply over the span of 6 months. However, the retail sector […]
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General Department of Taxation Achieves Remarkable Revenue Collection of US$2 Billion in H1 2023
Cambodia’s tax revenue collection for the first half of 2023 has reached an impressive US$2,072 million. Despite a year-on-year decrease of 19 percent, this achievement reflects the department’s commitment to meeting financial targets and supporting the nation’s development, according to the latest report from the General Department of Taxation. The report highlights that the six-month […]
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Office Sector Update: Increasing Supply Puts Pressure on Rents and Occupancy in Mid-2023
In the first six months of 2023, the supply of new office buildings in the Cambodian real estate market will increase by about 39% over existing offices. From the middle of the year to the end of this year, with an anticipated addition of 215,000 square meters of office space this year, the total office […]
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