Property Focus
Construction of Chip Mong Sen Sok Mall Over 90% Complete, Set to Open in December
Advertorial The construction of Chip Mong Sen Sok Mall is now over 90% complete and is slated to open by December this year. President of Chip Mong Retail Arnaud Dufresne said that as of October, 90% of the mall has been occupied by various well-known brands. “With an area of 40,000 square metres and 4 […]
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NagaWorld Reopens for COVID-19 Vaccinated Guests
NagaWorld Casino has reopened to COVID-19 vaccinated guests. The reopening comes after the giant casino in central Phnom Penh temporarily closed in April due to the February 20 Community Incident. NagaCorp said its subsidiary NagaWorld reopened on 15 September with permission from Cambodia’s Ministry of Health. With the service resuming, NagaWorld has set up a […]
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Impacts of China’s Evergrande Crisis on Cambodia’s Property Market
Since one of China’s largest property developers Evergrande Group is facing a financial crisis, many analysts have been calculating the impacts not only within China itself but also other foreign countries dependent on Chinese investment. Cambodia is among those whose property market is largely reliant on Chinese investment. Will the Evergrande incident burst the property […]
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Chip Mong Land Showcases Features of its First Serviced Apartment Granferte
Advertorial Granferte Phnom Penh is a spacious 13-storey serviced apartment located in Toul Kork district of Phnom Penh, and the first serviced apartment operated by Chip Mong Land, one of the leading real estate developers in Cambodia. Granferte Phnom Penh is built to provide a comfortable and modern living experience to residents, with a prime […]
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Gov’t Issues New Regulations for Borey Owners Regarding Cell Towers & Cable Networks
The Telecommunications Regulator of Cambodia (TRC) has urged all borey owners to closely monitor requests from private firms to build cell towers, signal boosters, optic cable networks, and other telecommunications infrastructures in any borey, as those activities are harmful to residents if done improperly. According to the TRC announcement on 30 September, this new order […]
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New Boutique Shopping Mall to Rise in the Heart of Phnom Penh by Mid-2022
The second phase of Lucky Pavilion Mall located along Sihanouk Blvd in BKK1, Phnom Penh’s prime downtown district, is currently under development and scheduled for completion and operation by mid-2022. The developer Lucky Mall Co., Ltd. said the second phase, which includes a landmark glass façade, is being implemented after the construction was successfully completed […]
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Construction Begins on US$130 million Koh Tonsay Development
Construction has begun on the US$130-million mix-used development project on over 140 hectares of land in Koh Tonsay in Kep province by the Try Pheap Group. The deputy governor of Kep province said on 29 September that construction began on 22 September as the company’s team had already transported equipment and construction materials to the […]
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GDT Extends Property Tax Payment Deadline to End of October
The General Department of Taxation (GDT) has extended the deadline for property tax payment for 2021 from 30 September to 31 October 2021. According to the announcement issued on 28 September 2021, this extension is to give more time to many property owners who have not yet declared their tax. GDT also urged those who […]
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With First 4 Phases Sold Out in Pandemic, Urban Village Triumphs at Asia Pacific Property Awards 2021-2022
Urban Village and Factory Phnom Penh, the biggest mixed-use Hong Kong-standard development in Cambodia, has once again surprised the leading real estate players in the region by scoring two prestigious awards at the Asia Pacific Property Awards 2021-2022 organized by the International Property Awards, according to co-founders, Ms. Catherine Chan and Dr. Ben Li. Urban […]
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Sihanoukville Land Use Master Plan 2038 Officially Approved
The Ministry of Land Management, Urban Planning and Construction has officially approved the Sihanoukville Land Use Master Plan to 2038 to provide a framework and direction for the effective management and development of Sihanoukville City. According to decision No. 045 dated 08 September 2021, the master plan will help promote urban land use and tourism, […]
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