Local News
Cambodia Needs Over 100,000 Hotel Rooms by 2030
Minister of Tourism H.E Thong Khon, has forecast that Cambodia will need more than 100,000 hotel rooms to accommodate the increasing number of national and international tourists which is expected to total to around 28 million by 2030.
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Savills’s Forum Showcases Investment Opportunities in Hotel and Hospitality Industry
On 29 August, 2018, Savills Hotel APAC organised a panel discussion where experts presented key trends in the hotel and hospitality industry as well as investment opportunities in Cambodia.
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Real Estate Agent Vows to Improve Quality of Property Valuation
With the new strategic partnership between leading real estate company Cambodia Properties Limited (CPL) and Vietnam MB Bank, the quality of property valuation in Cambodia is stepping up to another level.
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Phnom Penh to Become Trade Hub for Foreign Investors
With massive building projects emerging and sustained growth, Phnom Penh is becoming a trade hub for foreign investors, according to H.E. Men Sam An, Deputy Prime Minister and Minister of National Assembly
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Real Estate Management Provider Inks Mou With Wing
Cambodia’s real estate management provider Capital Management Solutions (CMS) had signed a memorandum of understanding (MoU) with leading mobile payment portal Wing (Cambodia) Limited Specialised Bank
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3rd Asean Real Estate Network Alliance (Arena) Held in Cambodia
In a bid to expand the real estate business across Southeast Asia, the Cambodian Valuers and Estate Agents Association (CVEA) organised the ARENA 2018 convention and exhibition at the Sofitel Hotel Phnom Penh, Cambodia.
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Government Decentralises Issuance of Small-scale Construction Permits
In response to the increasing demand for housing construction, Deputy Prime Minister and Minister of Interior Samdech Kralahom Sar Kheng has issued a law by decentralising the authority to issue permits
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Keller-Williams market entry to increase licensing requirements, raise tax revenues
To help ensure the sustainability and progress of the real estate sector, local firm Khmer Real Estate Co., Ltd. has acquired the right to franchise the world’s largest real estate business, Keller Williams. This commitment was made by Dr Kim Heang, CEO of Khmer Real Estate who told Fresh News that, “all land agents in […]
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MLMUPC Minister Orders Shutdown on Recognition of Unregistered Property Transfers
Minister of the Ministry of Land Management Urban Planning and Construction (MLMUPC) H.E Chea Sophara has ordered the respective authorities to stop checking and certifying property
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PM Hun Sen Urges an Increase in Stamp Duty
In a visit to garment workers on Wednesday 15 August, Prime Minister Samdech Techo Hun Sen urged the Ministry of Economy and Finance (MEF) to revise the country’s ‘stamp duty’, or property transfer tax, saying the current tax is too low.
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