Property Focus
PM Hun Sen: Cambodia Aims to Be the World’s Largest Cashew Nuts Exporter
Cambodian Prime Minister Hun Sen has expressed his support for the domestic cashew production industry to drive Cambodia to become the world’s largest producer of cashew nuts. During his speech at the 7th River Festival in Kampong Thom province, PM Hun Sen emphasised the potential of Cambodia’s cashew products, stating that they are of good […]
Read MorePhnom Penh Municipal Authority Registers Over 10k Land Titles in 2022
The Phnom Penh Municipal Authority has reported a significant increase in land title registration in 2022. According to the 2022 annual report on the performance of the Phnom Penh Capital Administration, the authorities registered 32,123 plots of land and distributed 16,511 title deeds. The report further revealed that the land registration process resulted in the […]
Read MoreOver 67k Land Titles Issued by Prey Veng Authorities in the Past Two Decades
In the last 20 years, Prey Veng authorities have successfully distributed 669,368 land titles to residents in three districts: Ba Phnom, Preah Sdach, and Svay Antor. These statistics were presented in a seminar on “Land registration work for the systematic land registration team in Prey Veng Province” held on 6 March 2023, where the data […]
Read MoreThree Communes in Veal Veng District, Pursat to be Incorporated into New City
Pursat province’s Veal Veng district is set to undergo a major transformation as three communes are being organised into a new city to accommodate the growing population. Pursat Provincial Governor HE Khoy Rida shared this news during a press conference on “Success in the Past Five Years” of the Pursat Provincial Administration on 7 March […]
Read MorePursat Authorities Issues Over 100k Land Titles in Past Five Years
Pursat province has made significant progress in land registration and distribution in the past five years, with over 200,000 land titles distributed to the people province-wide. This was announced during the “Success in the Past Five Years” press conference held by the Pursat Provincial Administration on 7 March 2023. According to the provincial authorities, 107,828 […]
Read MoreGov’t Gifts 300 Hectares of Social Concessional Land Near Cambodian-Vietnamese Border for Veteran Families
The Cambodian Government has announced the gift of a 300-hectare social land concession located along the Cambodia-Vietnam border line to veteran families and other stakeholders, according to the statement of Svay Rieng Provincial Administration on 5 March 2023. The social land concession land is situated in Chantrea commune, Chantrea district, and Tnaot commune, Kampong Rou […]
Read MoreTrusts Register with Total Capital of US$730m as of February 2023
Cambodia’s Trust Regulator (TR) has reported that 492 trusts have been registered as of 23 February 2023, with a combined capital of US$735 million. The Commercial Trust sector has the largest number of trusts, accounting for 66% of the total registered capital at US$492 million, followed by Financial Trust at US$174 million and Public Trust […]
Read MoreTakeo Authorities Issue Over 600K Land Titles by 2022
Takeo province has made significant progress in land management and registration, with authorities announcing that a total of 645,687 land titles have been systematically registered for people in 84 communes as of 2022. This was confirmed by HE Ouch Phea, Governor of Takeo Province, on 2 March. According to the governor, the provincial administration has […]
Read More20% Property Insurance Premiums Increase Reflects Growing Demand for Property Insurance in Cambodia
In a recent report released by the Insurance Regulator of Cambodia, it has been revealed that property insurance premiums are set to rise by 20% in 2022. The total premium for property insurance is estimated to reach approximately US$45 million, indicating a significant increase from the previous year. The general insurance sector in Cambodia covers […]
Read MoreCambodia Issues Short-Term Transit Visas to Tourists Visiting Cambodia by Cruise Ship
The Royal Government of Cambodia has announced that it will offer short-term transit visas to tourists visiting the country on a cruise ship. The new policy, effective from 1 March 2023, allows international tourists to apply for a transit visa type D for a five-day stay. According to the Ministry of Tourism, transit visas (D) […]
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