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ខ្មែរ Local News
Shanghai Company to Expand Tonino Lamborghini Hotels Brand to Cambodia
- 27 June 2018
Tonino Lamborghini Hotel in Wenzhou City scheduled to be opened by 2020 Shanghai-based Join.In Hospitality Management plans to open two new properties under the Tonino Lamborghini Hotels & Resorts brand in Siem Reap Province, according to a report from TTG Asia. The announcement was revealed after the firm signed an agreement with Hong Kong’s Shimao International Development Company to d...
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Phnom Penh City Hall holds meeting on land ownership issues
- 21 June 2018
Phnom Penh City Hall on Wednesday, June 20, 2018, held a meeting to discuss issues related to land ownership in the city. Chaired by the Phnom Penh Municipal governor Khoung Sreng, the meeting evaluates the progress of granting land to the affected families and land title for people living in Phnom Penh. Aside from that, the meeting also discusses sub-dividing the land for people living in Bore...
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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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