English 
ខ្មែរ Local News
Cambodia-Thai railway links connected on 22 April
- 22 April 2019
The heads of the governments of Cambodia and Thailand presided over the inaugurations of the rail line connection and Stung Bot-Ban Nong Ing Friendship Bridge on Monday 22 April, infrastructure developments that will boost trade and facilitate ease of travel. Samdech Techo Hun Sen, Prime Minister of Cambodia and his Thai counterpart Prayut Chan O-cha together inaugurated the friendship bridge a...
Read More
Analysts: Skyrocketing Land Prices Along 60-metre Road Makes It Difficult for Residential Developers
- 20 April 2019
The rapid development along the 60-metre road in the southern part of Phnom Penh has caused land prices to skyrocket, making it difficult for residential developers, according to a leading real estate analyst in Cambodia. Speaking with Construction & Property Magazine in early April, Ms Ann Sothida, director of international real estate agent CBRE Cambodia, said the sharp increase in land p...
Read More
SSCA: Koh Kong Airport Construction Timeframe Uncertain
- 19 April 2019
The State Secretariat for Civil Aviation (SSCC) has cast doubt on the completion timeframes for the new Dara Sakor International Airport and the restoration of Koh Kong Airport. SSCC’s secretary of state Chea Aun said on Friday 20 April 2019 that the development of the Dara Sakor International Airport construction is currently in the stage of preparation. Asked if the construction would end ...
Read More
GDT Prepares to Impose New Tax Base for Stamp Duty
- 18 April 2019
The General Department of Taxation (GDT) has been preparing to impose new tax base for stamp duty on property transfer through the launches of a series of seminars, according to a recent press release. The preparation came to impose new tax base came after the Ministry of Economy and Finance (MEF) issued a Prakas on 22 March 2019 regarding the new tax base rate for property transfer ‘stamp duty...
Read More
CBRE: Phnom Penh Retail Supply Hampered in Q1 2019
- 13 April 2019
International real estate agent CBRE Cambodia launched its Phnom Penh property market review report on 09 April 2019 which showed that retail supply was hampered during the first three months of 2019. CBRE highlighted that retail supply was hampered due to the delay of two projects to mid-2019, reducing the supply for the quarter to 19,965 square metres of net leasable area. Meanwhile, rental p...
Read More
Government Approves Us$98 Million Development in Tbong Khmum Province
- 12 April 2019
Photo by thewriterpreneur.com The Council for the Development of Cambodia (CDC) approved a development project worth nearly US$100 million in Tbong Khmum province on 12 April 2019, according to a post on its Facebook page. The approval was for the development of Kim Pich Development Co., Ltd., which includes a 5-star hotel with 365 keys, a commercial building, golf club, bungalows, villas, res...
Read More
Affordable Segment Leads Phnom Penh Condominium Market
- 10 April 2019
With construction investment estimated to have reached US$1.8 billion during the first quarter of 2019, the condominium sector saw an increase in supply of more than 7% q-o-q driven by the affordable segment, according to the first quarterly report from international real estate agent CBRE Cambodia. CBRE Cambodia reported that three condominium projects were completed during the three-month per...
Read More
Sen Sok Attracts Most Boreys While Chroy Changva Becomes Most Popular
- 9 April 2019
Among the 12 districts in Phnom Penh, Sen Sok district holds most borey projects while Chroy Changva district is becoming more popular, according to the first quarterly report by international real estate agent CBRE Cambodia issued on 09 April 2019. Among the four sectors studied, the landed property sector is becoming one of the main sectors for the property market with the report finding that...
Read More
ZHENG HENG (Cambodia) Co., Ltd and Cushman & Wakefield Sign Strategic Cooperation
- 5 April 2019
As a leader in the Sino-Cambodia Road Model for Economic Cooperation and with its key Dara Sakor Tourism "Belt and Road" resort project in Cambodia, ZHENG HENG (Cambodia) Co., Ltd held a signing ceremony for cooperation on project market research and land valuation with Cushman & Wakefield, one of the four leading global real estate consultants. The ceremony took place at the ZHENG HENG office...
Read More
Cambodia Requests Australia to Provide More Funds for Electricity and Water Supply
- 4 April 2019
Photo by Facebook Hor Channarith The Cambodian government has asked the Australian government to provide more funds for electricity and water supply projects in Cambodia, according to the results of a meeting between the two sides on 03 April 2019. According to the Council for the Development of Cambodia (CDC), the meeting between H.E Chhieng Yanara, Minister Attached to the Prime Minister a...
Read More