Knowledge and Key Success
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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Vann Molyvann’s house could become yet another skyscraper, expert warns
Photo by: Courtesy-of-IPS-Cambodia With the absence of preservation law and high land price, the unique house of renowned Khmer architecture Vann Molyvann might be torn down and replaced with a skyscraper, experts warns. According to Bloomberg CityLab article on September 9, his house is currently listed for sale at US$7 million. Since there has no […]
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Let’s Find Out! EP 42: What Type of Land Developments Must be Approved by the Competent Authorities?
Land is a type of immovable property that has great potential in the real estate business in Cambodia. There are many forms of land development and each of them is controlled by different laws and regulations. What type of land developments must be approved by the competent authorities?
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CCA Continues Talks on Cooperation with International Associations
Despite social distancing practices imposed by the COVID-19 pandemic, the Cambodia Constructors Association (CCA) continues discuss cooperation with international associations and the impact of the pandemic on the construction industry. CCA Secretariat General Manager Mr Chhiv Sivpheng said the association joined the online meeting with the International Federation of Asian and Western Pacific Contractors’ Associations […]
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Let’s Find Out! EP 41: Types of license or permit for real estate business in Cambodia
All development business for condominiums, land lots, office buildings, malls and residences for the purpose of selling or leasing long-term must be licensed by the Ministry or permitted by the Provincial-Municipal Department. How many types of license or permit for real estate business are there in Cambodia?
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Expert: Potential in Kampot Property Market Amid Rise in Domestic Tourism
Despite the COVID-19 crisis, Kampot has become a province with significant property investment potential, as domestic tourism is rising, according to a local real estate expert. President of KW Cambodia Dr. Kim Heang told Construction & Property Magazine on 11 August that compared to other coastal provinces, Kampot has the most tourist flow due to […]
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Tax on Unused Land in Cambodia
In Cambodia, some properties are taxable, while others are not. Among them, unused land is considered taxable, although tax payments on properties are not, all the same, depending on the type, size, and location of the property. For instance, the tax base of unused land is not the same as the tax base of immovable […]
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What Type of Land Developments Must be Approved by the Competent Authorities?
The land is a type of immovable property that has great potential in the real estate business and many services in Cambodia, especially in the metropolitan and development areas which have recently been booming. Land development is defined as an activity of land organisation by changing the type of land use, changing land use functions, […]
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Bentley Systems Waives Subscription Fees LEGION Simulator and OpenBuildings Station Designer September 30
Bentley Systems, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, has opened up its LEGION Simulator and OpenBuildings Station Designer software, including waiving new subscription fees through September 30, 2020, for facilities managers to incorporate pedestrian simulation methodologies across their planning, design, and […]
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US Firm Selects Sihanoukville for Real Estate Agent Training Campaign
Century 21 Zillion Holding chose Sihanoukville as the first province after Phnom Penh to launch its mega campaign of training 3,800 qualified real estate agents nationwide. The campaign is considered a strategic move against the COVID-19 crisis, as it can help boost the economy by creating more jobs. The training event was held on 24 […]
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