Local News
MEF Minister Urges ASEAN Valuers Association to Enhance Regional Real Estate Standards & Guidelines
Deputy Prime Minister and Minister of Economy and Finance HE Aun Pornmoniroth has urged the ASEAN Valuers Association Congress (AVA) to consider implementing four major guidelines to promote sustainable development of the real estate sector. The request was made in his opening speech at the 23rd ASEAN Valuers Association Congress on Thursday 25 November. HE […]
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MEF: Real Estate to Recover in Line with Economic Growth; 2.4% in 2021 & 4.8% in 2022
Cambodia’s real estate sector is projected to recover quickly supported by a gradual increase in foreign investment inflow and the increase in demand for low and medium price properties. Deputy Prime Minister and Minister of Economy and Finance HE Aun Pornmoniroth made these remarks at the 23rd ASEAN Valuers Association (AVA) Congress on 25 November. […]
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HLH Group Successfully Sells US$12-million Hotel in Sihanoukville
Hong Lai Huat (HLH) Group’s subsidiary PH One Development has successfully sold its US$12-million D’Seaview hotel project in Sihanoukville. The sale was completed on 17 November with ownership titles already transferred, according to HLH Cambodia Public Relation Manager Kuoch Lengkheang. HLH Group announced the sale of its 98-key hotel in its D’Seaview project in Sihanoukville […]
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Ministry of Interior Orders Relevant Authorities to Solve Land Disputes Transparently
The Ministry of Interior has requested relevant authorities to address all types of land disputes nationwide in a transparent and effective manner, especially for local and indigenous peoples. The ministry gave the order during the 14th National Conference on Land and Natural Resources Governance with 53 partnered NGO partners on Tuesday 17 November. Secretary of […]
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Resort-Style Lennar Masterplan Community in Homestead, Florida
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community […]
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Which Locations Better for Borey and Condo Development in Phnom Penh?
Thanks to the rapid real estate development in Phnom Penh, every location in the capital has attracted a huge investment from local and international investors who are willing to build projects such as factories, markets, schools, and especially Boreys & condos. This trend has pushed land prices inside and outside Phnom Penh to significantly increase […]
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Relevant Measures for the Retail Sector During COVID-19
By Eric Wong Chon Lap The COVID-19 pandemic has forced several changes in the retail market, to the point that reinvention and reformatting of retail operations became the key to survival for retailers, in the period where restrictions are everywhere. It has also continued to create an impact on the average occupancy rate of Phnom […]
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Dedicated Developers Rise Strong & Proud at 6th PropertyGuru Cambodia Property Awards
The nation’s most exceptional companies and projects honoured at real estate awards programme’s first virtual gala celebration • Urbanland dominates the 2021 edition of the awards with titles that include Best Developer and Best Housing Development (Cambodia) • Other top awardees include Sophea Suites Co., Ltd; Mekong Land Development Co., Ltd; and The Peninsula Capital […]
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Quarantine Requirements Removal to Help Jump-Start Real Estate Market, say Experts
Real estate experts have expressed optimism toward the government’s new policy regarding the removal of quarantine requirements for fully vaccinated travellers entering Cambodia, citing that it is a good sign for the real estate market, but the positive impacts remain limited. Prime Minister Samdech Hun Sen on 14 November announced that from 15 November onward […]
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Samraong Village Mockup Units Completed, Set for Official Launch Soon
The construction of the mockup shophouse units of the renowned Samraong Village residential project have been completed and are now open for visits by the public with the official launch to be hosted in the near future. Though the project has not yet been officially launched, all the shophouses and linked villas located along NR5 […]
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