English 
ខ្មែរ Local News
Land prices in Sihanoukville skyrocket by over 90% in six months
- 17 July 2019
Land prices in Sangkat 3 and Sangkat 2 of Sihanoukville has risen sharply by more than 90% and more than 15% respectively in the first six months of 2019, according to a recent report released by real estate firm Key Real Estate. With strong development in Sihanoukville, prices of land in Sangkat 3 rose sharply by 90.9% in the first six months of 2019 compared to the same period in 2018, an inc...
Read More
Special Offer! Discounts of up to 7% for all projects from Chip Mong Land
- 17 July 2019
Phnom Penh: Chip Mong Land is offering a special opportunity with a discount of up to 7% to its customer on all residential projects from 01 July 2019 onwards. Chip Mong Land, one of the largest and most well-known real estate development companies in Cambodia, currently holds eight mega-luxury residential projects comprising of LandMark 271, Land Mark 60M, Park Land Sen Sok, Park Land 598, Par...
Read More
CRBC completes financial close for US$1.8 billion expressway
- 17 July 2019
China Road and Bridge Corporation (CRBC) has closed financing on a US$1.8 billion expressway project in Cambodia. The financial close of the project was made for the 190-km expressway connecting Phnom Penh capital to the country’s deep seaport Preah Sihanoukville province in March this year. Global law firm Hunton Andrews Kurth provided CRBC with financial counsel on the public-private partn...
Read More
HYPOTHEC: THE MOST COMMON USED ENCUMBRANCE IN CAMBODIA
- 13 July 2019
by Sciaroni & Associates, Unofficial translated by Construction & Property Magazine Since the introduction of the Civil Code of the Kingdom of Cambodia in 2007, a hypothec has been known as one of the most commonly-used encumbrances for securing an obligation. This short article will briefly discuss the general overview of hypothec, its advantages as well as how to perfect a hypothec ag...
Read More
Condominium Development Shifts to Affordability After Decrease in Roi on High-end
- 11 July 2019
The development trend in the Phnom Penh condominium market has now shifted toward the affordable segment following a decrease in return of investment on the high-end segment which industry insiders believe is a positive sign for the market. According to the recent Q2 2019 Phnom Penh Market Update report by international real estate agent CBRE Cambodia, eight new condominium projects totaling 5,...
Read More
Indonesian Government Raises Price Threshold for Tax on Luxury Properties
- 10 July 2019
Photo by Facts of Indonesia In an effort to boost its real estate industry, the government of Indonesia is raising the price threshold of luxury sales tax on residential property. In a reversal of recent policies, a levy of 20 percent will apply to buyers of luxury residential units worth US$2.1 million or more in a departure from housing policies instituted a few years ago when the tax thre...
Read More
Prince Real Estate Selects Cambodia as Strategic Base for Southeast Asia
- 8 July 2019
Photo by Prince Real Estate Group (Cambodia) After establishing a strong presence in the Cambodian market, Chinese property conglomerate Prince Real Estate Group has announced that it has selected Cambodia as a strategic base to achieve its ambition of becoming one of the most influential transnational groups in Southeast Asia. The announcement was made on 06 July 2019 when the company inaug...
Read More
Swiss Based Company Plans to Develop Us$40 Million Hospital in Cambodia
- 5 July 2019
In response to national economic growth and demand for good healthcare, Swiss-based companies revealed plans to develop a hospital in Cambodia during a meeting between representatives of the companies and the head of the Cambodian government in Geneva, Switzerland. According to Prime Minister Samdech Techo Hun Sen's Facebook post, six international companies have expressed their interest in inv...
Read More
Asean Realtor Inc. To Deliver New Way of Life With Romduol Eco Resort in Kampot
- 3 July 2019
Photo by ASEAN Realtor Inc. In response to the demand of places for relaxation and retreatment for higher income earners in this booming real estate market, local developer ASEAN Realtor Inc. is to deliver new way of life with its Romduol Eco Resort in Kampot Province. Construction & Property Magazine reporter Ms. Khat Leakhena sat down with successful International Real Estate player an...
Read More
Vietnam’s Real Estate Sector Continues to Boom
- 2 July 2019
As Vietnam’s economy sees record growth with 6.8% expected in 2019, the real estate sector continues to enjoy an unprecedented boom. In Ho Chi Minh City alone, around 30,000 condominium units came online at the start of 2019 with mid-range units accounting for 61%, while the high end saw a year-on-year decrease by 10% with 23% of the market supply. In Hanoi, 20,700 new units came onto the ma...
Read More