Property Focus
Authority Urges People to Not Sell Concessional Land Obtained Via LASED III
A senior official of the Ministry of Land Management, Urban Planning and Construction has urged people not to sell social concessional land obtained from the Land Allocation for Social Affairs and Economic Development Project Phase III (LASED III) in Kbal Damrey commune, Sambo district, Kratie province. H.E Rath Hok, Undersecretary of State of the Ministry […]
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CBRE: Lifting COVID-19 Restrictions Won’t Benefit Real Estate Sector in Short-Term
The lifting of COVID-19 restrictions will have a direct and indirect positive effect on the real estate sector, but not in the immediate term, while the market will not recover to the level of COVID-19 yet, said, experts. CBRE Cambodia Associate Director Kim Kin Kesa explained that the direct impact of the lifting of restrictions […]
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Small & Medium-Sized Borey Developers Vulnerable to Liquidity Shortages, Projects Facing Delays
CBRE Cambodia has predicted that the borey market is facing more challenges that could put small and medium-sized borey developers in a cashflow crisis and have no choice but to even suspend their constructions. CBRE Cambodia Associate Director Kim Kesa said some small and medium-sized developers may face liquidity shortages leading to construction delays, but […]
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Chip Mong 271 Mega Offers Special Promotion During Upcoming Holiday
After opening for trial, the Chip Mong 271 Mega Mall has been attracting more and more shoppers to enjoy the products and services ranging from famous brand clothes, delicious food, and drinks, to many other luxurious products. During this upcoming holiday, the mall proudly invites everyone, especially those who have never been there, to come […]
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PM to Establish Another Development Zone in Peak Snaeng District in Addition to Run Ta Ek
Prime Minister Hun Sen has ordered Land Minister HE Chea Sopara to start preparing another new development area in Peak Snaeng commune on top of the newly Run Ta Ek zone for the people relocating from Angkor Park. Talking on 6 October, PM Hun Sen emphasized that the new Peak Snaeng development area will have […]
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PM Hun Sen: No Relocation of Preah Dak Villagers Yet; Authorities Carefully Studying
Prime Minister Samdech Hun Sen confirmed that there have been no house demolitions or any order to relocate people in Preah Dak commune, asking residents to calm down as the government will study closely before implementing any projects. PM Hun Sen gave the statement on 6 October, in response to the gathering of Preah Dak […]
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Global Investors Eye Investments in ASEAN to Diversify Risk; Cambodia to Gain Benefit
Southeast Asia saw foreign direct investment surge by 42% in 2021, and that trend has continued this year, with some countries seeing record levels of FDI, according to the ASEAN Investment Report 2022. One of the reasons for the FDI surge is that a majority of investors are looking to spread their risk by diversifying […]
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Chip Mong Bank Opens New Branch at Chip Mong Mega Mall 271
The new Chip Mong Bank’s 271 Mega Mall branch was officially inaugurated on the morning of October 5, 2022, at the Chip Mong 271 Mega Mall. The inauguration of this new branch is part of our efforts to bring Chip Mong Bank’s services and products closer to its customers at all times with the highest […]
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Street Vendors in Kep Given 10 days to Demolish Disorganised Stalls, or Face Fine
The Kep City Administration has ordered all vendors to demolish their disorganized stalls along Kep’s streets before 15 October 2022 or face legal action. Kep City Governor Kheng Yuan said on 4 October that vendors and authorities have met and reached an agreement. Vendors are allowed to sell and temporarily build their stalls only during […]
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New Chip Mong 271 Mega Mall Attracts Young & Modern Shoppers
The newly-opened Chip Mong 271 Mega Mall has been attracting plenty of shoppers especially young generations as they enjoy finding and shopping multiple famous brands. 20 influencers with tens of thousands of followers on social media also came to visit and enjoy the unique atmosphere in Chip Mong 271 Mega Mall. Want to learn more […]
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