Local News
The Prospects of Strata-title Office Developments
Strata-title property is where individual units are sold by the end-users or investors. Lately there has been growing interest from yield-driven investors looking for an alternative to investing condominium units by investing in office buildings. In the past, the market has seen almost no strata title office units launched while several thousand new residential condominium units have been made ...
Read Moreកម្ពុជានឹងផ្តោតលើការសិក្សាកោះទាំង ៧៥សម្រាប់សក្តានុពលវិនិយោគ
កាលពីពេលថ្មីៗនេះ ក្រសួងរៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់ បានប្រកាសថានឹងចាប់ផ្តើមយុទ្ធនាការថ្មីមួយលើការសិក្សាកោះទាំង ៧៥ នៅកម្ពុជា។ ថ្លែងក្នុងពិធីបូកសរុបលទ្ធផលការងារឆ្នាំ ២០១៧ និងលើកទិសដៅឆ្នាំ ២០១៨ របស់ក្រសួង រៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់ កន្លងទៅថ្មីៗនេះ ឯកឧត្តម ជា សុផារ៉ា បានប្រសាសន៍ថា យុទ្ធនាការនេះអាចនឹងចាប់ផ្តើមនៅខែ ឧសភា ឆ្នាំ២០១៨ ខាងមុខនេះ ដោយបញ្ជូនមន្រ្តីជំនាញរបស់ក្រសួង ចុះសិក្សាឲ្យបានច្...
Read MoreProperty Tax Registration Service Field Study to Start 12 February
The General Department of Taxation (GDT) has urged all property owners in Phnom Penh to get their documents ready for the upcoming property tax registration and information update campaign which will start on 12 February. According to the official letter issued by GDT, officers will go to the field to collect data, survey, take photos, and talk to the property owners about their property status...
Read MoreLand Due Diligence Process
A. Objective: Why is it important to know your own objective? At a very outset of your due diligence (“DD”) process, it is imperative that you know your objective. Having concrete knowledge about your objective assists you in identifying your scope of work and set a clear direction for your activities. It allows you to be able to build your focus on the whole DD project. Without a clear idea of y...
Read MoreKingdom’s Largest Wholesale Outlet Opens
To go as planned late this year, the first Cambodia large-scale wholesale supermarket – Thai-based Makro has formally announced to opens door for its business with over 20,000 various sale products from today announcement onwards. Broking ground in late May 2017, the 10,000-square-metre wholesale outlet built on a 5-hectare of land mass in Beong Pung Peay city - Phnom Penh’s Sen Sok district in...
Read MoreLand Title Transfer Process
After execution of the sale and purchase agreement entered into between the seller and buyer, the parties sign and thumb-print on the Vente Definitive (official title transfer document) in the presence of a Cadastral officer at the location agreed upon with the Cadastral officer. The seller and buyer then submit any other required documents (such as the below) to the Municipal Department of Land M...
Read MoreBook and Move Into Olympia City With a 6.5% Interest Rate for 25 Years
To help facilitate buyers to acquire their dream home at the centrally-located Olympia City, the developer is now offering an interest rate of 6.5 percent per year of the property price with payment terms extendable for loan up to 25 years. Developed by Overseas Cambodian Investment Corporation (OCIC), Cambodia’s leading developer behind dozens of property developments, the Olympia City develop...
Read MoreHigh-rise Sky31 Building Construction Over
After only two year construction, the newly skyscraper Sky31 condominium with USD90M capital investment in Toul Kok developed by Asia Continent Development Co., Ltd has currently announced its lucratively high-end residential condominium construction end. …….(the full text coming soon)……..
Read MoreMore Could Be Done to Benefit Developments Along the Riverside
For developers, Phnom Penh’s riverside area is a hotspot with a significant number of new residential and projects. This has proven the popularity of riverfront developments among Cambodian and foreign buyers alike. There has been growing interest in Phnom Penh’s riverside locations, particularly for residential condominium units and shophouses. “Properties along the riverside are good for inve...
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