Rising Debt Concerns in Cambodia’s Real Estate Sector
In a recent roundtable discussion titled “The Debt Situation in Cambodia,” held by the Real Estate and Mortgage Regulatory Authority, significant financial concerns were raised regarding the escalating housing debt in the country. Mr Chou Vannak, the authority’s Director General, revealed that home buyers currently owe around USD 800-USD 900 million in instalment payments through […]
The Mekong River Bridge project in Kratie province is 77% complete
Exciting developments are unfolding as the Mekong River Bridge project in Kratie Province reaches a significant milestone, achieving 77.02% completion. Spanning nearly 2 kilometres, this ambitious infrastructure project is set to enhance connectivity and bolster economic growth in the region. As reported on the official Facebook page of the Ministry of Public Works and Transport, […]
Cambodia’s Public Debt Reaches USD11.78 Billion by Q3 2024
As of the end of the third quarter in 2024, Cambodia’s total public debt has reached USD11.78 billion, according to a recent Ministry of Economy and Finance report. This figure represents a significant aspect of the country’s economic landscape and highlights the government’s ongoing financial management strategies. The report indicates that a staggering 99 per […]
Expert: Dual-Pronged Strategy to Navigate Post-Pandemic Challenges in the ASEAN+3 Property Market
The ASEAN+3 property markets, encompassing ASEAN nations along with China, Hong Kong, Japan, and Korea, are grappling with declining prices and transaction volumes, compounded by financial constraints, surplus inventory, and at-risk developers. These challenges, exacerbated in the Plus-3 economies by stricter financial conditions and diminished buyer confidence, underscore the pressing need for stabilization measures in […]
Kampong Cham Achieves 99% Landmark Progress in Land Registration
Kampong Cham province is celebrating a significant milestone in its land registration efforts, with over 99% of the work now complete, accounting for more than 90,000 land parcels. This achievement was highlighted during a recent site inspection before a ceremonial event scheduled for December 9, 2024, where citizens will receive long-awaited land titles. His Excellency […]
Borey Peng Huoth Unveils Exciting New Project: The Star Platinum Eco Poli 2
Borey Peng Huoth, a leading name in Cambodia’s real estate sector, is thrilled to announce the official launch of its latest project, The Star Platinum Eco Poli 2, following a successful trial sale held from November 22-24. This marks the company’s 39th project since its inception in 2005, showcasing Borey Peng Huoth’s unwavering commitment to […]