Local News
Comin Khmere: Real Estate and Construction forum a good platform for knowledge sharing
The recent Real Estate and Construction forum on 31 May 2019 was also an excellent platform for knowledge sharing, said Comin Khmere, a subsidiary of Comin Asia Group, one of the country’s leading engineering solution provider. Comin Asia were a gold sponsor of EuroCham’s fourth edition of the Real Estate and Construction forum. The company believes that in addition to knowledge sharing the for...
Read MoreLand Registration Nationwide to Be Completed in 2021
The Ministry of Land Management, Urban Planning and Construction has set 2021 as the deadline to complete land registration nationwide, including indigenous land registration, with 74% of total land parcels already registered. Around 5.2 million land parcels were registered nationwide, accounting for 74% of the total 7 million land parcels by April 2019, according to a press statement from the ...
Read MoreGovernment Approves Projects in Two Provinces Worth More Than US$29 Million
On 06 June, the Council for the Development of Cambodia (CDC) approved construction of two building materials factory and hotels in two provinces with estimated an investment capital of over US$29million. According to a post on the CDC Facebook page, the projects include the manufacture of all kinds of construction materials, located in Kiri Raksmey village, Prey Romdoul commune, Phnom Sruoch d...
Read More‘Special Home Tour’ to open new condo units of Chip Mong Land with discounts of up to US$3000
Chip Mong Land will organise the fourth 'Special Home Tour' on 08-09 June, 2019, located in the Land Park 271 along St. 271 cornering St. 371. On the day of the event, the company will also launch new units in Park Land TK Condo with discount coupon offers and special gifts. This 'Special Home Tour' is designed for all customers to visit the showroom and find out more about the luxurious design...
Read MoreSovanna Shopping Centre to Renovate for New Image
Sovanna Shopping Centre, which opened many years ago, is planning to renovate the main market building to be more attractive as the momentum of new shopping malls in Phnom Penh increases. Improving the look of Sovanna Shopping Centre will require a temporary suspension of operations according to Chea Sokheak, general manager of Sovanna Shopping Centre. Ms Sokheak said that operations in the ...
Read MoreEuroCham Forum: Rapid urbanization a time for more opportunities and regulations
In response to the ever-growing construction and property development across the country, more than 250 industry players and government authorities sat down at the Raffles Hotel to explore more opportunities and regulations for an increasingly sophisticated market. “The property and construction sector have played an even bigger role in contributing to maintaining national growth,” said H.E, La...
Read MoreCambodia Property Awards Calls for More Entries to Help Promote Real Estate Quality
With the country’s rapidly growing real estate industry and the rising market competition, public and private experts have called for more entries for the annual ‘Cambodia Property Awards’ to help promote Cambodia’s real estate quality. The Cambodia Property Awards is part of the regional Asia Property Awards program by PropertyGuru which was incepted in 2005 and now has a presence in 15 market...
Read MoreVietnam Conducting Survey on Foreign Property Ownership
Vietnam’s Ministry of Construction is overseeing the compilation of a report into the scale of foreign home ownership nationwide following the relaxing of ownership rules with the Housing Law in 2014. Information from the report, including location and types of homes purchased, will be used to evaluate the implementation of the policy allowing foreign organisations, individuals and Viet kieu (o...
Read MoreLand Ministry Approves US$2.7 Billion in Construction Investment in Q1 2019
More than US$2.7 billion in construction investment projects were approved within the first quarter (four months) of 2019 with China being the leading investor, according to the latest figures from the Ministry of Land Management Urban Planning and Construction (MLMUPC). From January to April, MLMUPC approved construction investment projects with an estimated value of US$ 2,742 million with for...
Read MoreExperts Discuss Opportunities and Challenges for Property Market
As both buyers and investors pay more attention to the booming property sector, experts from the sector shared the market opportunities and challenges at a recent training session. Speaking in front of students and industry insiders at the training course held at the Royal Chartered Academy Institute (RCI), Mr Daniel Tan Garkbin, property practitioner and professor at RCI, shared his optimistic...
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