Local News
Borey Peng Huoth’s lucky lantern more profit than ever!
To celebrate the upcoming Water Festival, Moon Worship and Ok Ambok, Borey Peng Huot offers a lucrative opportunity for customers to achieve their dream home with the big lucky lantern promotion, including: * Lantern 1: Get 1% discount immediately for all types of houses * Lantern 2: Customers will receive an iPhone15 Pro or iPhone15 […]
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Gov’t Unveils Stimulus: Stamp Duty Tax Exemption on Real Estate Under US$70,000 until 2024 Year-End
Prime Minister Samdech Hun Manet announced during the 19th “Government-Private Sector” forum on 13 November 2023, that the government is extending the stamp duty tax exemption for real estate valued under US$70,000 until the close of 2024 to foster homeownership and stimulate the real estate market. PM Hun Manet stated, “We will continue the stamp […]
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Gov’t Initiates Two Measures in Siem Reap to Propel Tourism Growth in 2024
In a groundbreaking move to fortify the tourism sector, Prime Minister Hun Manet unveiled pivotal measures at the 19th “Royal Government-Private Sector” forum on 13 November 2023, geared towards propelling Siem Reap’s tourism to unprecedented heights in 2024. PM Hun Manet’s visionary announcement included a comprehensive study on transforming Phnom Kulen in Siem Reap into […]
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PM Unlocks Opportunities: Foreigners Granted 50-Year Leasing Rights for Real Estate in Cambodia
In a significant announcement at the 19th “Royal Government-Private Sector” forum on 13 November, PM Samdech Hun Manet unveiled a groundbreaking initiative granting foreigners the legal right to long-term leases for real estate in Cambodia, extending up to an impressive 50 years. This landmark decision comes at a time when foreign ownership of land remains […]
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“Shophouse Magic” business house makes your business dream come true
The shophouse is a home that is gaining the satisfaction and desire of customers because this type of home can do business as well as stay and is in a potential area. We would like to introduce a kind of shophouse, Borey Peng Huot’s Majestic Shophouse, which is elegantly designed in a new European style, […]
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Urbanland Breaks New Ground with Chankiri 2 – Another New Borey Concept Designed for Better Living
Urbanland is pleased to share the news of the groundbreaking ceremony held on Thursday, 09 October, for the highly anticipated project, Borey Chankiri 2. This incredible event signifies the official start of its construction, marking the beginning of the development and commitment to providing an exceptional quality of life right next to Steung Prek Thnoat. […]
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PM: To Spur Economic Activity, Unused Land with Size More Than 5 Hectares is Subject to Tax
Prime Minister Samdech Hun Manet revealed a groundbreaking tax reform concerning unused land in Cambodia. The prime focus of this reform is to impose taxes on idle lands exceeding 5 hectares, while lands below this threshold will enjoy exemption. The pivotal announcement was made at the 19th “Royal Government-Private Sector” forum on 13 November 2023. […]
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ERA Cambodia Marks 5 Years of Condo Sales Triumph with Visionary Expansion Plans in 2024
In a grand celebration of five years of unprecedented success, ERA Cambodia, a globally acclaimed company specialising in condominium services, hosted its 5th Annual Business Conference at the Hyatt Regency Phnom Penh on 11 November 2023. The event not only commended outstanding agents but also unveiled ambitious plans for future expansion, reflecting the company’s strong […]
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Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024
Cambodia’s Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation’s burgeoning interest in the stock market, according to the Cambodia Investment Review update […]
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Prime Minister Pushes for Faster Distribution of Land Titles to Citizens
Prime Minister Sandech Hun Manet has urged the Ministry of Land Management, Urban Planning, and Construction to accelerate the distribution of land titles to the people of Cambodia. Currently, only about two million land titles have been distributed, while five million more are yet to be issued. During a recent gathering with garment workers at […]
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