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ខ្មែរ Local News
Land Ministry Voids 399 Missing Title Deeds in Svay Rieng Province
- 6 January 2022
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has voided a total of 399 missing title deeds in Prey ToTueng village, Sambuor commune, Svay Teap district, Svay Rieng province. According to announcement No. 002 dated 06 January 2022, the annulment came after the Department of Land Management, Urban Planning, Construction and Cadastral of Svay Rieng Province lost those ...
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What if Chinese Investors Do Not Return to Cambodia? How Will the Real Estate Market Recover?
- 6 January 2022
Real estate and economic experts in Cambodia have expressed concern over the current real estate market in Cambodia, especially in Sihanoukville, which is now calling for a return of Chinese investors. What if they never return? How the real estate market recover? Local economic and financial analyst Ngeth Chou said that this downturn is an important lesson for the whole Cambodian real estate m...
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Land Ministry: Borey or Condo Developers Urged to Divide Title Deeds Before Starting Sales
- 5 January 2022
From 2022 onwards, all borey owners and co-owned building developers are urged to split the land title deeds and register the strata-title first before making any sale transactions, according to the press release of the Ministry of Land Management, Urban Planning and Construction (MLMUPC) on 31 December 2021. The new order aims to increase transparency in the sales transactions and reduce real ...
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Anco Group proposes multi-purpose investment project on over 6,000ha of land in Koh Kong
- 4 January 2022
A large-scale local company Anco Import Export Co., Ltd has proposed to invest in building a multi-purpose project on 6,145 hectares in Botum Sakor National Park, Botum Sakor, and Kirisakor district of Koh Kong Province. Koh Kong Deputy Governor Ouk Pheaktra and Under-Secretary of State of the Ministry of Environment HE Sok Kheng Norin led a delegation to inspect the proposed location on Decemb...
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GDT Extends One-Time Stamp Duty Tax Policy Until 2023
- 4 January 2022
The General Tax Department (GDT) has decided to extend the policy of allowing property owners to pay only a one-time stamp duty tax for any properties with a record of multiple transfers before 2017. The extension will last until 31 December 2023, according to letter No. 22267 dated 31 December 2021 of the General Department of Taxation (GDT). The one-time stamp duty tax applies to only two ...
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Gov’t to transform Koh Kong into Cambodia’s largest SEZ cluster
- 3 January 2022
The Cambodian government plans to transform Koh Kong into the largest special economic zone (SEZ) cluster in Cambodia in the near future, according to PM Samdech Hun in the opening speech at the NR48 renovation groundbreaking ceremony on 3 January. "In order to boost the national economy, the government has a clear plan to make Koh Kong an important special economic zone, or a province with the...
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MLMUPC pledges to complete land registration nationwide & strengthen construction management in 2022
- 31 December 2021
The Ministry of Land Management, Urban Planning, and Construction has pledged to implement 18 tasks to strengthen land and construction management works in 2022. According to the press release on 30 December 2021, some key tasks include: -Finish 100% land registration of 7 million land plots nationwide -Register economic land concessions 57 companies flooded forest areas around Tonle Sap ...
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Expert unveils types of land with high investment potential
- 30 December 2021
Real estate expert and President of KW Cambodia Dr Kim Heang said that land in Cambodia can be categorized into four major types, but among all, only two of which are having great investment potential at the moment and in the upcoming years. “Those four types include agricultural land, tourism land, commercial & industrial land, and residential land,” said Dr Kim Heang. He added that the...
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Kampong Cham authority begins listing property prices across province
- 30 December 2021
Authorities start surveying property prices across Kampong Cham to strengthen tax collection Kampong Cham provincial authorities are accelerating works on drafting a list of property prices throughout the province to provide a basis for stamp duty and property tax collection. According to the follow-up meeting on 29 December 29, the main objective of the property prices surveying is to stren...
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JICA to commence Siem Reap smart city project phase 2 in April 2022
- 30 December 2021
The second phase of the Siem Reap Smart City project is set to begin implementation by April next year after the study of the masterplan is finished, according to the Japan International Cooperation Agency (JICA) JICA, Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT), Siem Reap Provincial Administration hosted a joint meeting on 27 December to discuss the progress of the p...
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