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ខ្មែរ Local News
Cambodia Ready for Global Casino Industry
- 12 June 2018
Aerial view of Naga World casino in Phnom Penh Cambodia is fast becoming an attractive target for global casino industry brands, according to Andrew Klebanow, senior partner at Las Vegas-based business consultancy Global Market Advisors LLC. “The potentials include an expanding domestic economy, growing tourism, rising investment from China, and the prospect of a casino law to provide the ba...
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Cambodia’s MLMUPC Mordernises Land Titles With Qr Code
- 8 June 2018
H.E. Lor Davuth is captured from a video clip of MLMUPC. Cambodia’s Ministry of Land Management, Urban Planning and Construction has officially announced the introduction of the new land title with a QR code, an upgrade to help ease the management of databases of the General Department of Topography and Geography, give fast access to the information and effectively put to an end of fake land ti...
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500 Startups Invests in Cambodian Local Real Estate Portal
- 6 June 2018
A US-based venture capital firm known as 500 Startups has recently invested hundreds of thousands of dollars of seed capital in a Cambodian local property management system portal known as KhmerHome.com, according to Deal Street Asia. Founded in 2017, KhmerHome.com is an online platform owned by Mekong Classifieds which offers a localised real estate management system and in particular a new pr...
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CVEA Urges Government to Legislate Real Estate Brokers
- 4 June 2018
Mr Cheng Kheng, chairman of board of directors of the CVEA. Photo Credit: La Reine The Cambodian Valuers and Estate Agents Association (CVEA) has recently urged the government to legislate real estate broker to help rid the market of a huge amount of ‘unqualified and ineligible’ real estate brokers currently operating in the kingdom. Mr Cheng Kheng, chairman of board of directors of the Camb...
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Macau Firm Plans New Casino Resort in Siem Reap
- 31 May 2018
Sample Photo: The Landmark Macau A Macau casino services firm named Macau Legend Development Ltd has recently revealed plans to invest in an integrated resort in Siem Reap province, according to GGR Asia. The integrated resort is likely to be a mixed-use development comprising casino space and non-gaming facilities, though there are no clear details on the project yet. However, according to ...
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Basic Tips to Evaluate Property Value by Yourself
- 30 May 2018
You might often wonder how others always make money from real estate investment or wonder why they always choose the right property to invest in. This is because they know how to evaluate property very well. However, property evaluation is not as complicated as you might think, and in fact, it is quite simple. Mr Sorn Seap, founder and CEO of Key Real Estate Co., Ltd., a real estate analyst, an...
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Are Condotels the Future of the Cambodia Real Estate Industry?
- 25 May 2018
Real Estate in Phnom Penh City Condotel is a new concept to Cambodia where a development is mixed between a condominium and a hotel. Unlike hotels, where a corporation owns the whole hotel, in condotels each unit is sold separately similar to a condo. Condotels have hotel-like amenities and services – unlike conventional condominiums. Condotel units can be placed on a rental program with the...
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Cambodia to Demand Extra 1.1 Million Houses by 2030
- 25 May 2018
According to the government’s 2014 National Housing Policy, by 2030 an extra of 1.1 million houses will be needed to fulfill the demand of the population. Among that, Phnom Penh alone will demand about 800,000 houses. This statement has been mentioned and discussed in the EuroCham Cambodia breakfast talk on the affordable housing in Cambodia on May 24. Cambodia is currently having a populati...
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Awards Bring New Momentum to Cambodia’s Rapidly Developing Construction and Real Estate Sectors
- 17 May 2018
The third annual edition of the PropertyGuru Cambodia Property Awards 2018, presented by KHI, was held on 16 March in Phnom Penh. The event witnessed a significant increase in the number of participants from both local and international industrial players, proving that the Kingdom’s construction and real estate sectors are becoming the more attractive to different kinds of investors around the reg...
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Thailand Property Technology Firm Plans to Expand Business to Cambodia
- 17 May 2018
A Thailand-based property technology company known as Baania is in negotiations with business partners in order to expand its business in Cambodia next year under a goal to boost revenue 50 per cent from last year, reported The Nation. Baania is online platform that provides a data analytics such as demand and supply analysis, market predictions, and brand value analysis, to help property buyer...
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