Property Focus
Pan Pacific Hotels Group to Open Branches in Phnom Penh & Siem Reap in 2023
Singapore-headquartered Pan Pacific Hotels Group will enter the Cambodia market in 2023, with one hotel scheduled to open in Phnom Penh and another in Siem Reap city. According to the group press release on 22 September, the group will open Pan Pacific for Phnom Penh, and PARKROYAL for Siem Reap. The 212-room Pan Pacific Phnom […]
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New Public Beach Resort Development Proposed for Kampot Province
The Kampot Provincial Administration has given an initial green light to the proposal of developing a new beach resort along the Kampong Bay River but ordered the investment firm to submit a full report for approval before reaching the investment agreement signing stage. Kampot Governor HE Cheav Tay expressed his support for the project after […]
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Tboung Khmum Authority Issues New Regulations Strengthening Land Use & Construction
The Tbong Khmum Provincial Administration has issued four new regulations to strengthen control over all construction works, landfilling activities, and especially the divided land plot businesses within the province. According to the announcement dated 22 September 2021, the new regulations were issued after the administration found that some people were using land and building constructions […]
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Gov’t Grants 172-hectares of Reclassified Forest Land to Real Estate Firm
The Cambodian government has reclassified 172 hectares of state-owned public land in Siem Reap’s Banteay Srei district to grant to a well-known local real estate developer. The decision to grant the land was made by a sub-decree signed by Samdech Hun Sen on July 23, 2021. Through the sub-decree, the government decided to grant the […]
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EuroCham to host webinar on green building on Wednesday
EuroCham co-partnered with Build4People Project will host the webinar on “Green Building Certification as Driver for a Sustainable Transition of the Real Estate Sector” on Wednesday 22 September from 3:00 pm till 4:30 pm. The webinar will focus on how to raise construction quality through green building certification, an update on what quantifies a healthy […]
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Phnom Penh Residents Ordered to Follow New Waste Management Rules, or Get Sued
The Phnom Penh Capital Administration has issued 13 new waste management rules for all Phnom Penh residents to follow, with non-compliance resulting in punishment, business suspension, or being sued in the worst case. Among the 13 rules, the important one is the requirement for all residents in boreys, owners of businesses, supermarkets, public markets, private […]
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Veng Sreng’s first modern office tower set to open in November
ISI Tower, part of the KMH Park masterplan development along Veng Sreng Boulevard, is set to serve as one of the first contemporary office buildings for businesses in the area from November this year. Developed by award-winning home-grown real estate developer Urbanland, the new ISI Tower is the only commercial office tower of its kind […]
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Chip Mong Land Acquires Granferte Tower, Marking its First Entry into the Serviced Apartment Sector
One of Cambodia’s leading real estate developers Chip Mong Land has recently expanded its business territory into the serviced apartment sector for the first time after it successfully acquired Granferte Phnom Penh from Leopard 21. The acquisition transaction was completed on Wednesday 15 September 2021, when Chip Mong Land also began its operation and management. […]
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GDT to Strengthen Property & Unused Land Tax Collection Through Online Platform
The General Department of Taxation (GDT) will continue strengthening tax collection on real estate and unused lands nationwide through its new online payment platform. The GDT stated that through the implementation of online tax collection as well as conventional methods, the department expects to reach its target tax income for the 2021 fiscal year, according […]
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Legal Documents You Need to Know Before Buying Homes in a Borey
Partnered Article Landed property, or known in Cambodia as a ‘borey’ in Khmer, refers to a gated community comprising various housing types including villas, shophouses, link houses and flat houses. This type of property is the most popular in Cambodia, thanks to its large space and relatively lower price compared to condominiums. However, as buyers, […]
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