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ខ្មែរ Local News
Property Sector Contributed Millions of Dollars to Cambodia in 2018
- 31 October 2018
The robust performance of the property sector has generated millions of dollars to Cambodia in 2018, according to the General Department of Taxation (GDT). H.E Kong Vibol, Delegate of Royal Government of Cambodia, In Charge as Director General of General Department of Taxation (GDT) told reporters at the recent ‘Tax Forum’ that property tax collection in 2018 is very strong compared to last yea...
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EuroCham: Dialogue and engagement better than penalty
- 26 October 2018
Having more dialogue and engagement is better than having a policy of penalty, according to the European Chamber of Commerce in Cambodia (EuroCham). On 25 October, 2018, Mr Arnaud Darc, Chairman of EuroCham said in the annual ‘Tax Forum’ that one way to promote the culture of compliance in Cambodia is a need for more collaboration between relevant parties. “Dialogue and engagement can bring ...
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Thai Property Too Expensive According to New Survey
- 26 October 2018
Thailand’s houses are too expensive and consumers are not satisfied with the market according to a recent survey conducted by a leading Thai property portal property. DDproperty's Consumer Sentiment Survey released in August showed that 70% of the 1,000 respondents thought property was too expensive in the first half of 2018. 61% believed that the Thai economy was performing poorly and real ...
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GDT to Apply New Land Price Rates Across the Country
- 25 October 2018
The General Department of Taxation will apply new land price rates across Cambodia shortly, according to H.E Kong Vibol, Delegate of the Royal Government in charge as Director General of the General Department of Taxation. On 25 October, 2018, H.E Kong Vibol told reporters at the ‘Tax Forum’organised by EuroCham Cambodia that the government is preparing to update land prices which will be imple...
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The Advantages of Cambodians Purchasing Real Estate Under the Portugal Golden Residence Permit Program
- 24 October 2018
With the backdrop of the Atlantic Ocean, the century-old rustic architectural backdrop and wooden trams are frequent sights in this ancient city of Portugal. Perched on the edge of Europe, the capital city of Lisbon boasts an average of 2,799 hours of sun and earned its nickname as the sunniest city. Portugal’s national drink, ‘porto wine’, and the freshly baked pastel de natas, better known as th...
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Three Types of Property in Phnom Penh Show Post-election Positive Change
- 22 October 2018
Photo by CBRE Cambodia Three types of property in Phnom Penh showed positive change in the third quarter following the national elections in July, according to a press release from CBRE Cambodia on 19 October, 2018. Titled "Investment On The Up: Next General Election", the report shows that condominium, office and retail markets have increased significantly after the July general election. ...
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Cambodia is More Than Just Temples
- 19 October 2018
With the support from the government of Cambodia, foreign investors are focusing on developing sustainable tourist destinations which will promote the country’s tourism industry to the international arena. One prominent proponent of this process is successful hospitality specialist Mr Rory Hunter who developed Sihanoukville’s famous Song Saa Island and who earlier this week said that his compan...
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“Buy and Sell Property” Seminar to Open for Public at Raffles Hotel
- 18 October 2018
A seminar on buying and selling properties in Cambodia is to welcome participants at Raffles Hotel Le Royal. On 20 October 2018, Cambodia’s leading housing finance provider First Finance will organise a half-day seminar to educate participants on the proper mechanisms to buy and sell property in Cambodia. This free of charge seminar will be held from from 8am to 12pm bringing together around...
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Song Saa Reserve, Cambodia’s Largest Eco-tourism Area Opens for Investors
- 16 October 2018
Cambodia's largest eco-tourism area ‘Song Saa Reserve’ has officially opened its doors for investors following a media briefing at Rosewood Phnom Penh organised by property developer Song Saa Collective and real estate firm CBRE Cambodia. Located near Banteay Srey Temples in Siem Reap Province, the luxury ‘Song Saa Reserve’ development project will cover more than 125 hectares of land plus a 80...
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Aeon Officially Announces Location of Third Mall
- 13 October 2018
Japan shopping mall developer AEON MALL Co.,Ltd has officially announced the location of its third mall in Cambodia. According to a press release from the company in early October, 2018, the third shopping mall tentatively called AEON MALL Cambodia No.3 will be located in the heart of ING CITY, about 8 kilometres away from Phnom Penh. The mall with sit on a total area of 174,000 square metre...
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