Property Focus
Gov’t to transform Koh Kong into Cambodia’s largest SEZ cluster
The Cambodian government plans to transform Koh Kong into the largest special economic zone (SEZ) cluster in Cambodia in the near future, according to PM Samdech Hun in the opening speech at the NR48 renovation groundbreaking ceremony on 3 January. “In order to boost the national economy, the government has a clear plan to make […]
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Expert unveils types of land with high investment potential
Real estate expert and President of KW Cambodia Dr Kim Heang said that land in Cambodia can be categorized into four major types, but among all, only two of which are having great investment potential at the moment and in the upcoming years. “Those four types include agricultural land, tourism land, commercial & industrial land, […]
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Kampong Cham authority begins listing property prices across province
Authorities start surveying property prices across Kampong Cham to strengthen tax collection Kampong Cham provincial authorities are accelerating works on drafting a list of property prices throughout the province to provide a basis for stamp duty and property tax collection. According to the follow-up meeting on 29 December 29, the main objective of the property […]
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JICA to commence Siem Reap smart city project phase 2 in April 2022
The second phase of the Siem Reap Smart City project is set to begin implementation by April next year after the study of the masterplan is finished, according to the Japan International Cooperation Agency (JICA) JICA, Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Siem Reap Provincial Administration hosted a joint meeting on 27 […]
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Tbong Khmum issues new guidelines strengthening control over construction & real estate businesses
The Tbong Khmum Provincial Administration has ordered all departments and municipal administrations under its supervision to strengthen control over the land plot selling businesses, construction, excavation, and land reclamation work, aiming to prevent state land and forest encroachment. According to Letter No. 042/21 KP, dated December 21, 2021, below are the orders: -The Provincial Department […]
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Siem Reap establishes clearer state land map to end deforestation & land encroachment
The Siem Reap Provincial Administration has established a clearer map for Zone 3 in Sangkat Chong Kneas to put an end to deforestation and land encroachment around the Tonle Sap lake area. Siem Reap Governor HE Tea Seiha inspected the sites on Tuesday 27 December to publicly showcase the map and demarcate the clear border. […]
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Land Ministry gifts over 700 land plots to locals in Kratie province
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has handed over a total of 704 land title deeds to locals of the five targeted communes in Kratie province through Land Allocation for Social and Economic Development (LASED) phase II. The handover ceremony was chaired by MLMUPC Minister HE Chea Sophara and joined by […]
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Evergrande vows to deliver 39,000 units of properties in December despite debt defaulting
China Evergrande Group has vowed to accelerate their construction works with the aim to deliver 39,000 units of properties within this year, despite being downgraded to restricted default earliest this month. According to CNN, Evergrande Chairman Hui Ka Yan said during a meeting on Sunday 26 December that no one at Evergrande would be allowed […]
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Future of Cambodia Real Estate Sector in 2022 & Beyond
The real estate sector in Cambodia was hit hard in 2020 at the start of the COVID-19 pandemic. In 2021, opposite to the positive expectations, the market was hit even harder given lockdowns and the widespread new variants. However, after the country’s reopening in November, many real estate analysts have increased their hopes for 2022. […]
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Kandal Provincial Administration Accelerates State Public Land Registration
The Kandal provincial administration has urged all 11 district governors to register state public land that has not yet been registered and to resolve in advance land disputes out of court. The remarks were made by Kandal Governor HE Kong Sophoan in the meeting with the provincial land management committee on Thursday 23 December. HE […]
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