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ខ្មែរ Property Focus
Russey Keo District Authority Provides Lots in Preaek O Veng Development Area to Affected People on 28 July
- 28 July 2022
The Russey Keo District Authority will provide lots in Preaek O Veng Development Area to people by lucky draw on 28 July, who are living along the railway track, affected by the construction of the new concrete road in Sangkat Kiloumaetr Lekh Prammuoy, Sangkat Russey Keo and Sangkat Tuol Sangke I, Russey Keo district, Phnom Penh. According to an announcement on 27 July 2022, the event will happ...
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Battambang Administration Urges Building Owners in Sangkat Svay Por to Demolish Immediately
- 27 July 2022
The Battambang Municipal Administration has set deadlines for homeowners and owners of business buildings in Sangkat Svay Por to demolish immediately balconies and all kinds of billboards by 01 August 2022. According to the announcement of the administration on 25 July 2022, it is designed to organize the beauty and order in the heritage area of Battambang City. Owners of buildings located...
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MPTC Bans Signal Boosters Using in Boreys Affecting Mobile Services
- 27 July 2022
The Ministry of Post and Telecommunications (MPTC) has banned the use of signal boosters and/or repeaters in boreys which have caused signal interferences and severely affected the quality of mobile services in the surrounding areas. According to the announcement on 26 July 2022, owners must dismantle, remove, and cease the use of these devices in their respective homes. Moreover, the MPTC w...
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Government Reclassifies 10 hectares of Choeung Ek Lake Land for Granting to Private Sector
- 26 July 2022
The Royal Government of Cambodia has reclassified 106,429 square metres (10 hectares) of Choeung Ek Lake into state private property and handed it to the private sector. In the sub-decree dated 03 March 2022, the designated areas of the Boeung Choeung Ek area have two locations suited in Chak Angre Leu commune and Chak Angre Leu commune in the Meanchey district. The first location is 885 squ...
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As of Q2 2022, Offices & Retails Increase While Rental Rates See a Consistent Downward Trend
- 25 July 2022
By the second quarter of 2022, the number of offices and retails have significantly increased while rental rates have decreased continuously compared to Q1, according to a CBRE Cambodia report on 07 July 2022. In Q2, the number of offices increased by 66.9% to over 40,000 square meters, with new supply expected in 2022, and 40% of the total supply will be strata title by the end of 2023. How...
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Cambodian Government Extends Tourism-Related Business Tax Exemption for Three Provinces
- 18 July 2022
The gov't announced on 15 July 2022 the extension of three months of tax exemption for tourism-related businesses only in Phnom Penh, Siem Reap and Sihanoukville. The tax exemption initiative has three major measures: Continue to exempt all types of monthly taxes, except for value-added tax on hotels, guesthouses and travel agencies registered with the General Department of Taxation, with bus...
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Seal of General Department of Cadastral to Replace Old Vente Definitive and Donation Definitive
- 15 July 2022
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has instructed its Municipal/Provincial Departments to stop using the Vente Definitive and Donation Definitive with the signing seal of H.E. Leom Vean, according to a letter dated 13 July 2022. The Municipal/Provincial Departments of Land Management, Urban Planning, Construction, and Cadastre have to use the seal of the G...
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143 Cambodia Casinos Applied for Annual Licence: Regulator
- 15 July 2022
A total of 143 casinos in Cambodia have submitted their annual licensing application to the country’s gaming regulator. So far this year, only 13 licences have been issued, Ros Phirun, Secretary General at the Commercial Gambling Management Commission of Cambodia, told GGRAsia. “The law on commercial gambling management requires a minimum capital investment, plus the COVID-19, caused some of th...
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My Second Home Impel Cambodia to compete with Thailand
- 14 July 2022
Cambodia My Second Home has impelled Cambodia to become a competitor to Thailand to attract foreign investors through real estate developments. This is according to pattayamail published on July 12, 2022. Cambodia My Second Home is not the same as the 10-year visa application for the new Thai Immigration Initiative, as it does not provide bureaucratic details. For Cambodia My Second Home, th...
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PM Hun Sen Asks Private Companies to Enhance Quality of Internet Services to Remote Tourism Areas
- 14 July 2022
Prime Minister of Cambodia, Samdech Techo Hun Sen, has requested telecom and internet providers to strengthen their services in cities and expand to remote tourism areas. Samdech Techo Hun Sen made the remarks at the Closing Ceremony of the Tourism General Meeting, Summary of The First Phase (2022-2021), and H1 of 2022 of Plan Summary of Rehabilitate and Promote Cambodia's Tourism Sector in and...
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