Local News
Residential property price index remains stable in 2021 despite amid Covid-19 crisis
The residential property price index (RPPI) has been compiled to monitor the residential property market condition. Results showed that this market was stable both in Phnom Penh and the provinces. Overall residential prices in 2021 increased by 10.9% compared to 2020, indicating that the housing market continues to be attractive to buy despite the pandemic. […]
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Property insurance values US$41 million in 2021
Property insurance has a total premium of US$41.5 million by 2021, or 33.1% of the gross premium of general insurance, which is worth 501 billion riels or approximately US$125 million. The gross premium of property insurance accounted for the largest share of general insurance with other insurance services such as medical insurance and auto insurance, […]
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OCIC Partners with Spectrum KH to Present Alta Moda – A Night of High Fashion Meeting Luxury Properties
The Overseas Cambodian Investment Corporation (OCIC) has partnered with Spectrum KH to bring together the country’s prominent fashion mavericks, Armada by Abello, The Privé, & Natacha Van to present Alta Moda– a night of glamour, fashion, and a showcase of the architectural developments for Cambodia by OCIC complementing the craftsmanship and artistry of three of […]
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Government Approves New Eco-Tourism Investment Project on Nearly 2,000 Hectares in Koh Kong
The Ministry of Environment and the Koh Kong Provincial Administration have given permission to a private company to invest in a new eco-tourism project on 1843 hectares located in Ta Tai Kraom and Kaoh Kapi commune, Koh Kong district of Koh Kong province. According to a site inspection on 15 June 2022, this investment project […]
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US$18m Siem Reap Zoo Opening in October
The US$18 million Siem Reap Zoo is set to open in October 2022 officially. This is according to the inspection of the progress of the zoo by HE Veng Sakhon on 16 June. The company’s CEO, Roger Reynolds, said that the zoo was established to display the aquatic and wildlife species in the Kingdom of […]
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Star Vegas Resumes Operation in Poipet City
ASX-listed Donaco International Limited says it will recommence casino operations on 18 June, almost 14 months since closing its doors due to COVID-19. The reopening comes after the Cambodian government and local authorities lifted a temporary closure order on all casinos in Banteay Meanchey province, which includes Poipet on the border with Thailand. “We are […]
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Prime Minister Hun Sen Orders to Keep Over 1000 Hectares to Develop SEZ at Koh Thmor Area
Samdech Techo Hun Sen, Prime Minister of Cambodia has decided to keep 1176 hectares to develop a Special Economic Zone in Techo Koh Thmor Military History X16, located in Tonloung commune, Memut district, Thbong Khmum province. This is according to Samdech Techo Hun Sen’s remark made on the 45th Remembrance Day of “Journey to Overthrow […]
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GDT Starts Listing & Updating Real Estate Information in Svay Rieng Province
The General Department of Taxation will start the work of listing and updating real estate information in Svay Rieng province aimed to collect real estate data for the benefit of tax revenue collection. The GDT in cooperation with the Svay Rieng Provincial Administration, organized a meeting on the preparation for listing and updating of real […]
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Search for the kingdom’s finest real estate continues with the 7th PropertyGuru Cambodia Property Awards
HIGHLY ANTICIPATED INDUSTRY EVENT OF THE KHMER REAL ESTATE CALENDAR TO BE HELD AT RENOWNED SOFITEL PHNOM PENH PHOKEETRA Locals are driving the Cambodian property market as it adjusts to domestic tastes and demand, expert analysts say Exclusive black-tie gala dinner to be held on 26 August 2022 at the Sofitel Phnom Penh Phokeethra and […]
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Cambodia-Vietnam Considering Waterway Connection Between Kep & Phu Quoc Island
Cambodian and Vietnamese authorities are discussing the connection of waterway infrastructure between Kep and Phu Quoc Island in Vietnam, to provide more options for tourists. A water link connecting Vietnam’s Phu Quoc Island with the Cambodian coast may be a hit with regional tourists but may prove to be a damp squib with Western markets, […]
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