Property Focus
What are the prohibited activities for property located adjacent to public infrastructure?
Having a building or real estate adjacent national road or major public infrastructure project comes with high economic potential. However, it also comes with responsibility which the owners must follow according to the law. What activities are prohibited by law if your construction is located near public infrastructure? Road infrastructures refer to lands along the […]
Read MoreAREI to promote real estate sustainability and innovation in Asia
Asia Real Estate Initiative (AREI) has been recently created under MIT Center for Real Estate, aiming to become a platform for industry leaders, entrepreneurs, and the academic community to find solutions to the practical concerns of real estate development across Asian countries. One of the areas in AREI’s scope of focus is connecting sustainability and […]
Read MoreSeparate & Common Property: What are the Differences?
In the Civil Code of 2007, there is the matrimonial property regime which is divided into two systems: the contractual property system and the statutory property system. For the contractual property system, a married couple shall register a marital property agreement at the Ministry of Justice before their wedding, which makes it easier to make […]
Read MoreChamber of Commerce Discusses Challenges & New Opportunities in Construction Sector
The Cambodian Chamber of Commerce (CCC) has held a meeting to discuss challenges, proposed remedies, and new investment opportunities for the construction and real estate sector after being under pressure from the COVID-19 for more than two years. Held on 24 March, the meeting was chaired by CCC Vice President, Oknha Ly Hour and joined […]
Read MorePreah Vihear Authorities Order Immediate Stop to Encroachment on Five Concessional Land Plots
The Preah Vihear provincial administration has ordered all residents to stop encroaching or leasing land plots on five concessional zones, ordering the encroachers to demolish any construction and leave immediately, or otherwise face severe legal action. According to the announcement issued on 23 March 2022, the five land plots have already been transferred from state […]
Read MoreVillagers Along Borders Told Not to Lease Farmland to Foreign Nationals
Samdech Sar Kheng, Deputy Prime Minister and Minister of Interior has advised villagers along Cambodia’s borders not to lease farmland to foreign nationals from neighbouring countries, to avoid illegal land occupation and land disputes. Samdech Sar Kheng made the remarks during the annual meeting of the Prey Veng administration held on 22 March. “People long […]
Read MoreKoh Kong Authorities Ban All Land Purchase & Ownership Transfer Transactions at Koh Totung
The Koh Kong provincial administration has banned the sale and purchase of land on Koh Totung in Kirisakor district while all related land transactions documents are also voided. According to the announcement dated 18 March 2022, Koh Totung is state land; thus, the sale & purchase and the issuance of ownership transfer documents, purchase & […]
Read MoreLand Ministry Bans All Purchase & Ownership Transfer of Indigenous Community Land
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has ordered an immediate stop to the sale, purchase, and ownership transfer of registered indigenous community lands, the penalty for which could be strong legal action. According to MLMUPC letter date 14 March 2022, the sale, purchase, and ownership transfer of registered indigenous community land […]
Read MoreEllis Walk: Access North Carolina with a Lennar Property
Advertorial Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar […]
Read MoreH&M Debuts First Store in Aeon Mall Phnom Penh
Swedish multinational clothing retail company Hennes & Mauritz AB (H&M) on Thursday 17 March opened its first store at Aeon Mall Phnom Penh. H&M Phnom Penh is located on the 1st floor in Sweet Zone of Aeon Mall 1. Speaking at the event, Philippe Lassaux, CEO of H&M Cambodia and Thailand, said the company strives […]
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