Is Buying Property Always Better than Renting?
Most people believe that renting a property is a waste of money as you are throwing away your money every month. Rather than helping the landlords pay their mortgage, why not buy your own property? However, this is not always the case. In some circumstances, renting might end up giving more profit compared to buying. […]
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Which Real Estate Investment More Profitable Than Condos?
Real estate expert revealed that investing in the strata-title office is another new investment opportunity, which can be more profitable than investing in a condominium. The strata-title office is a new type of real estate where individuals or companies can purchase office units in high-rise buildings, just like buying a condo. Pointer CEO Nguon Chhayleang […]
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Why is the Real Estate Market in Cambodia Not Severely Affected by COVID-19?
A real estate analyst and the CEO of Pointer Property has revealed that there are three main factors why the real estate market in Cambodia has been less affected by the COVID-19 pandemic compared to neighbouring countries. First, most real estate developers in Cambodia have huge capital in hand, for example, Borey Peng Huoth and […]
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Lvea Em a High Potential Real Estate Investment Spot Despite Flooding Risk
Despite the flooding risk, the geographical and climatic factors have made the land in Lvea Em becomes a high potential investment area for future profitability, especially residential development projects, according to a real estate analyst. CEO of Key Real Estate and well-known real estate analyst in Cambodia Mr Sorn Seap said, “Lvea Em is located […]
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How the Hospitality Industry Recovered with the Participations of Domestic Travellers
By Eric Wong Chon Lap Cambodia is a country with full of festivals, holidays and celebrations. After months of staying home following the COVID-19 outbreak, domestic demand for travel has exploded which can be seen with the recent Pchum Ben holiday where the easing of restrictions became the first sign of recovery for Cambodia’s hospitality […]
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How Developers Thrive for Survival After the Market was Hit Hard
By Eric Wong Chon Lap Property developers are thriving for survival after the market was hit hard by circumstances such as the oversupply of residential units in the market, the outflow of foreign investments and the COVID-19 pandemic. Promotional campaigns became a necessity when the desired sales rates faded away. As a result, developers are […]
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Real Estate Market Update in Q3 and Roadmap for Recovery
The Phnom Penh Real Estate Market in Q3 of 2020 remains under pressure from the COVID-19 pandemic. However, compared to other neighbouring countries, the Cambodian market shows the most significant recovery steps, according to a report from CBRE Cambodia. The same report also projects that due to the very low number of cases, thanks to […]
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Q&A: New Capital Gains Tax & the Impacts on the Cambodian Real Estate Sector
After the Department of General Taxation (GDT) announced that all capital gains, including the profit gained from selling real estate, are subject to a 20% tax after 01 January 2022, there have been doubts regarding how exactly the new tax will be implemented. One of the leading law firms in Cambodia DFDL and renowned real […]
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US-China Fight over Union Development Group Could Harm Cambodia’s FDI and Real Estate Market
Economists, analysts, and real estate experts are concerned that the geopolitical fight between US and China over the Union Development Group (UDG) in Cambodia could hurt Cambodia’s Foreign Direct Investment (FDI) and real estate market, especially in Koh Kong province. On 15 September, the US Treasury Department issued a statement imposing sanctions on the UDG […]
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How Will Capital Gains Tax Affect the Real Estate Market in Cambodia?
Some have claimed that the tax is way too high and is not the right time amid the COVID-19 crisis. Others have said it is an effective way to control unregulated inflated property transactions and increase state revenue.
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