Property Focus
Construction Begins on US$130 million Koh Tonsay Development
Construction has begun on the US$130-million mix-used development project on over 140 hectares of land in Koh Tonsay in Kep province by the Try Pheap Group. The deputy governor of Kep province said on 29 September that construction began on 22 September as the company’s team had already transported equipment and construction materials to the […]
Read MoreGDT Extends Property Tax Payment Deadline to End of October
The General Department of Taxation (GDT) has extended the deadline for property tax payment for 2021 from 30 September to 31 October 2021. According to the announcement issued on 28 September 2021, this extension is to give more time to many property owners who have not yet declared their tax. GDT also urged those who […]
Read MoreWith First 4 Phases Sold Out in Pandemic, Urban Village Triumphs at Asia Pacific Property Awards 2021-2022
Urban Village and Factory Phnom Penh, the biggest mixed-use Hong Kong-standard development in Cambodia, has once again surprised the leading real estate players in the region by scoring two prestigious awards at the Asia Pacific Property Awards 2021-2022 organized by the International Property Awards, according to co-founders, Ms. Catherine Chan and Dr. Ben Li. Urban […]
Read MoreSihanoukville Land Use Master Plan 2038 Officially Approved
The Ministry of Land Management, Urban Planning and Construction has officially approved the Sihanoukville Land Use Master Plan to 2038 to provide a framework and direction for the effective management and development of Sihanoukville City. According to decision No. 045 dated 08 September 2021, the master plan will help promote urban land use and tourism, […]
Read MorePan Pacific Hotels Group to Open Branches in Phnom Penh & Siem Reap in 2023
Singapore-headquartered Pan Pacific Hotels Group will enter the Cambodia market in 2023, with one hotel scheduled to open in Phnom Penh and another in Siem Reap city. According to the group press release on 22 September, the group will open Pan Pacific for Phnom Penh, and PARKROYAL for Siem Reap. The 212-room Pan Pacific Phnom […]
Read MoreNew Public Beach Resort Development Proposed for Kampot Province
The Kampot Provincial Administration has given an initial green light to the proposal of developing a new beach resort along the Kampong Bay River but ordered the investment firm to submit a full report for approval before reaching the investment agreement signing stage. Kampot Governor HE Cheav Tay expressed his support for the project after […]
Read MoreTboung Khmum Authority Issues New Regulations Strengthening Land Use & Construction
The Tbong Khmum Provincial Administration has issued four new regulations to strengthen control over all construction works, landfilling activities, and especially the divided land plot businesses within the province. According to the announcement dated 22 September 2021, the new regulations were issued after the administration found that some people were using land and building constructions […]
Read MoreGov’t Grants 172-hectares of Reclassified Forest Land to Real Estate Firm
The Cambodian government has reclassified 172 hectares of state-owned public land in Siem Reap’s Banteay Srei district to grant to a well-known local real estate developer. The decision to grant the land was made by a sub-decree signed by Samdech Hun Sen on July 23, 2021. Through the sub-decree, the government decided to grant the […]
Read MoreEuroCham to host webinar on green building on Wednesday
EuroCham co-partnered with Build4People Project will host the webinar on “Green Building Certification as Driver for a Sustainable Transition of the Real Estate Sector” on Wednesday 22 September from 3:00 pm till 4:30 pm. The webinar will focus on how to raise construction quality through green building certification, an update on what quantifies a healthy […]
Read MorePhnom Penh Residents Ordered to Follow New Waste Management Rules, or Get Sued
The Phnom Penh Capital Administration has issued 13 new waste management rules for all Phnom Penh residents to follow, with non-compliance resulting in punishment, business suspension, or being sued in the worst case. Among the 13 rules, the important one is the requirement for all residents in boreys, owners of businesses, supermarkets, public markets, private […]
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