Local News
Samdech Hun Sen Abandons Plan to Create Two More Provinces
Samdech Prime Minister Hun Sen has abandoned the plan proposed by the Ministry of Interior after the general election to create two more provinces, according to a live video on Samdech’s Facebook page.
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Real Estate in Sen Sok District in High Demand
Thanks to extensive ongoing development in the area, Sen Sok district is the most in demand area in Phnom Penh among real estate buyers, according to local experts.
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Develop Your Own Properties or Invest in Bulk Properties?
Wealthy individuals are keen to enter the property development business. They can build various projects for sale or for rental.
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More Luxury Accommodation Needed for Sihanoukville Province
The supply of luxury accommodation in Sihanoukville is not enough to service the increasing numbers of tourists visiting the province.
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Cambodia Among Countries With Low Annual Property Tax
Cambodia is among countries across the globe which has low annual property tax, according to an editorial article published by InvestAsian on 22 September, 2018.
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Singapore Real Estate Firm Eyes Cambodia’s Hotel Market
Ascott Limited, a Singapore-based serviced residence owner-operator, is keen to expand its business hotels into Southeast Asia with Cambodia being one of the company’s immediate targets, according to their press release.
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Taiwan Firm Acquires Royal Group’s Cellcard Finance Plc
Taiwan financial leasing firm Chailease Holding has acquired 60% of Royal Group’s Cellcard Finance PLC, Cambodia’s diversified business conglomerate, according to an article published by The Taipei Times on 17 September, 2018.
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China Dominant in Cambodia Property and Tourist Sector
A new report by Business Times shows that China is driving Cambodia’s property and tourism sector with massive investment expected to continue flowing into the country.
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Environment-friendly Midtown Community Mall Set to Open in December
The 3-storey Midtown Community Mall is set to open in TeukThla in December 2018, bringing an additional shopping centre to the kingdom.
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Real Estate Agent UAS Sees Bright Future for Retail Malls
The rapid growth of Cambodia’s retail sector in recent years, thanks largely to the emergence of a middle class now numbering two million, have together been catalysts for the significant rise in retail mall tenancies,
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