Knowledge and Key Success
Bentley Systems’ Acceleration Fund Announces the Launch of Virtuosity, a Bentley Company
Photo: Allan Murphy, Virtuosity CEO Bentley Systems, a leading global provider of comprehensive software and digital twins services for advancing the design, construction, and operations of infrastructure, on July 9 announced that its Acceleration Fund has invested in launching Virtuosity, a Bentley company. Virtuosity exclusively offers Virtuoso Subscriptions that bundle — with a Bentley infrastructure […]
Read More
The Process of Title Conveyance for Land with Soft and Hard Title
Transferring ownership is the basic yet necessary procedure after purchasing or selling any real estate. To avoid dispute, both the seller and the buyer are required to know the procedure. How to legally perform title transfer? What are the essential steps? What are the similarities and differences between soft title and hard title when transferring? […]
Read More
Bentley Systems Announces Launch of The Cohesive Companies, Advancing Infrastructure Digital Twins
Photo by: researchgate Acceleration Fund of Bentley Systems on July 13 launched The Cohesive Companies, a wholly-owned subsidiary, anchored by the acquisition of Atlanta-based Cohesive Solutions. The new business venture will include the services team from Bentley’s AssetWise business and the offerings of Bentley, Cohesive, and IBM’s Maximo to support the digital transformation of infrastructure […]
Read More
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.
Read More
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 […]
Read More
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?
Read More
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 […]
Read More
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?
Read More
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 […]
Read More
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 […]
Read More