Golden Park Officially Breaks Ground on Borey The Natural in Chroy Changva Area

Advertorial Golden Park has held the ground-breaking ceremony for its new residential project The Natural, an innovative green community stretching over 60 hectares of land along NR6A in the Chroy Changva area. Held on 4 December, the ground-breaking ceremony was attended by the management of Golden Park and hundreds of guests. To celebrate the ground-breaking ceremony, Borey Golden is of...

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Real Estate Developers Set Plans for Post-Pandemic Expansions

By Eric Wong Chon Lap Almost two years into the pandemic, although some real estate companies are still struggling to survive, or to be remain competitive in the market, major real estate developers and players have been able to quickly adapt to the unexpected situation, capitalizing on the diverse income stream they have built. Some developers have even utilized this pandemic as opportunities ...

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What is social land concession & how to obtain it legally?

Since 2008, at least 30,000 hectares of land have been provided to more than 50,000 poor families across the kingdom with the social land concession policy known as the Land Allocation for Social and Economic Development (LASED). What is a social land concession? Who are eligible to obtain the free land? And what are the requirements? According to Sub-Decree No.19 dated 19 March 2003, social...

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L’attrait Successfully Completed in Spite of Pandemic

L’attrait BOEUNG KENG KANG, the first high-end Japanese-developed condominium project in Boeung Keng Kang 1, has been completed and is fully operational from November onwards despite the impact of the COVID-19 pandemic. The construction comprises of 26 storeys and 149 units which includes a mix of studios, one bedroom, two bedroom and penthouse units. The project has been heavily impacted by t...

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Karaoke, Bars & Discotheque Businesses Allowed to Resume

The Phnom Penh Capital Administration has issued a new announcement allowing karaoke, bars and discotheque in Phnom Penh to resume their businesses from Tuesday 30 November onwards under the new normal practice. This new announcement voids the previous announcement on Monday stating that the aforementioned are not allowed to open until 5 December. Under this new decision, owners or managers ...

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Cambodia Hosts Seminar Disseminating New Investment Law for 300 Chinese Investors

The Council for the Development of Cambodia (CDC) yesterday held a seminar to disseminate the new investment law for over 300 Chinese investors and businessmen via an online platform, aiming to attract more investment. During the seminar, CDC also unveiled that as of October 2021, Chinese investment in Cambodia has reached US$27 billion with the number expected to increase gradually given the i...

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Gov’t to Compile Development Masterplan for Koh Kong’s Offshore Islands

The Koh Kong Provincial Administration and relevant authorities will start inspecting, collecting data, and compiling a development masterplan for more than 23 islands in Koh Kong province, to enhance the management system, promote tourism, and attract more investors. The action plan was set during a meeting of relevant officials on 25 November, chaired by Provincial Deputy Governor Ouk Pheaktr...

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New Beach Club at Otres Beach Officially Opens

A new beach club along Otres beach in Sihanoukville was officially opened yesterday in the presence of Sihanoukville Governor HE Kouch Chamroeun and Deputy Prime Minister HE Men Sam An. Owned by Golden Sun Sky Entertainment, this resort is a modern recreation centre that includes resultants, lounges, bars, and clubs with private boat docks and a helipad. HE Kouch Chamroeun said the opening o...

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PM Orders Immediate Seizure of Illegally Owned Land Around Tonle Sap

Prime Minister Samdech Hun Sen has ordered an immediate seizure of all the illegally owned mangrove forest land in the Tonle Sap region from encroachers regardless of their social status, while a special working group has also been established to investigate and tackle the issues. Samdech Hun Sen stated in a voice message that the seizure must be done at all costs no matter how much criticism t...

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Housing Association, Water Authority Join Hands Expanding Water Supply to Outlaying Residential Projects

The Housing Development Association of Cambodia (HDAC) and Phnom Penh Water Supply Authority (PPWSA) will work together to address the shortage of clean water networks in construction sites, boreys, and condos, among other real estate development projects across Phnom Penh’s outlaying regions, amid a rise in demand. According to a meeting on Friday 26 November, the two parties have agreed to in...

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