Cambodia & Thailand Urge Opening of Four More Border Crossings

Cambodian and Thai authorities have urged the opening of four more crossings borders, according to a meeting between the Pursat and Trat provincial administrations on 09 June 2022. The meeting was chaired by Mr Pov Piseth, Deputy Governor of Pursat Province and the Thai side was chaired by Mr Kan Chhay Thep Vorak Chhay and Mr Na Rong Thepsena, Deputy Governor of Trat Province, as well as releva...

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Understanding the 3 Authentic Deed Forms for Real Estate Sale & Purchase in Cambodia

Have you ever noticed the forms of sale and purchase contracts for land or houses? All of these forms are called “Authentic Deeds”. According to Article 9 of the Law on The Implementation of Civil Code, sale and purchase contracts or gift contracts must be written in the form of authentic deeds to have the effect of a contract in order to transfer ownership of the real estate. So, the real e...

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MEF Cooperates with KDI Studying Cambodian Real Estate Market Risk

The Ministry of Economy Finance (MEF) in cooperation with the Korean Development Institution (KDI) has been studying to form a policy for checking Cambodian real estate risk to assess real estate and construction market risk in Cambodia, according to a discussion workshop on 26 May 2022. This study project has been launched on 1 April 2022 under the Knowledge Sharing Program (2021-2022). Acc...

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Koh Kong to Distribute Land Titles to People Under Union Development Land Exchange

The Koh Kong Provincial Administration will distribute land titles to people who have received compensation from Union Development Co Ltd in Ta Noun and Thmor Sor communes, Botum Sakor district, Koh Kong province. According to the announcement of the provincial administration issued on 08 June, the villagers in Thmor Sor and Ta Nuon communes, Botum Sakor district, Koh Kong province, who own the...

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Phnom Penh Recorded 310 Boreys &1,603 High-Rise Buildings by Start of 2022

At the start of 2022, Phnom Penh recorded a total of 310 Borey & apartment projects and1603 high-rise buildings, of which 225 have more than 20. These statistics were according to Phnom Penh Municipal Governor, HE Khoung Sreng, at the official opening of Prince Times Square on 07 June 2022. The governor continued that despite the COVID-19 crisis in 2021, Phnom Penh still received 1,050 n...

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GDT implements real estate surveys in provinces

The General Department of Taxation is conducting a property survey in Siem Reap province after completing tax services to property owners in 14 districts of Phnom Penh and some provinces, including Kandal, Battambang and Banteay Meanchey. Real estate surveys are essential to gather information for the modernization of taxpayer services by paying taxes at partnered banks that have signed a memor...

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Cambodia Expects More International Tourism Through Vietnam-Thailand Maritime Link

The Ministry of Tourism has expressed expectations for an increase in international tourists by connecting shipping lanes from the border corridor with Vietnam and Thailand. This was stated by His Excellency Thong Khon, Minister of Tourism in a workshop on May 30. HE Thong Khon said that Cambodia also has cooperation to promote the movement of tourists in the coastal areas with neighboring coun...

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More than 1,000 land titles delivered to landlord in 2 districts in Koh Kong province

Koh Kong Provincial Administration has handed over real estate title deeds to Koh Kong and Mondul Seima administration district for delivery to the owners in 5 villages with a total of 1,129 plots. The handover was held on 30 May, in the presence of Mr Sok Sothy, Deputy Governor of Koh Kong Province. The title deeds were handed over to the owner living in five villages which is in the Koh Kong ...

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GDT to Conduct On-Site Inspection of Real Estate Accuracy in all Five Sangkats in Kampot City

The General Department of Taxation (GDT) and the Kampot Provincial Authority will soon conduct on-site inspections to update the real estate information in all five Sangkats in Kampot city from 9 June onwards, according to a press release on 30 May 2022. Director of Provincial Real Estate Inspection Secretariat, Mr Sin Sengho said the working group will on-site collect data, the ID of property ...

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Tourism Minister Provides 5 Principles for Sustainable Coastal Development

Tourism Minister and Chief Deputy of the National Committee for Coastal Management and Development (NCCMD), Thong Khon has provided five principles to four coastal provinces for sustainable management and development of Cambodia’s coast. According to a workshop on the legal norms for coastal management and development on 30 May 2022, the recommendation includes: Protect and maintain beache...

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