Property Focus
APSARA Authority Approves 5191 Construction Cases in Protected Area During H1
During the first six months of 2021, the APSARA Authority has allowed residents living in the protected area, both inside and outside the Angkor Archaeological Park, to repair and construct a total of 5,191 residences, while continuing to strictly warn against the purchase and sale of land in that area. According to the statement issued […]
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Kampong Speu Authorities Seize Over 300 Hectares of Illegally Owned Land in Aoral District
The Kampong Speu provincial administration has seized two illegally owned land plots in Aoral district totalling 315.5 hectares, according to Order No. 50/21 dated 20 August 2021. The first plot is 313 hectares located in Trapeang Thmea village, Ta Sal commune while the other is 2.5 hectares located in Por Meas village, Trapeang Chour commune, […]
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Smart Transport System to Pilot at New PP Airport, Satellite Cities, & Major NRs by 2023
Cambodia is cooperating with South Korea to develop a master plan for an Intelligent Transport System (ITS), with the first trial to be launched at the new Phnom Penh Airport, satellite cities around Phnom Penh, and some major national roads by 2023. This is according to a meeting between the Ministry of Public Works and […]
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Bluebell Group Announces Retail Operations in Cambodia
Bluebell Group, a distributor and operator of high-end brands, has entered the Cambodian market as it is also managing the Peak shopping mall located in the centre of Phnom Penh. At the opening ceremony of operations in Cambodia on Monday, Mr Pierre Balsan, CEO of Bluebell Cambodia, stated that Cambodia is a new frontier of […]
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Two Local Firms Co-Establish Standardised Training Program for 1,000 Real Estate Agents
LSCG Real Estate and Milky-Way Reality Investment Plc have jointly invested US$1 million to establish a standardised training program for 1,000 real estate agents nationwide. The training will be based on a new modern Chinese technology, aiming to equip agents with know-how skills and keep them updated with current trends in the digital world. LSCG […]
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Land Prices in Southern PP Forecasted to Keep Rising; currently US$100- 2,000 per sqm
CBRE Cambodia has predicted that land prices in the southern part of Phnom Penh will continue to rise as prices can currently vary from US$100 to over US$2,000 per sqm. The international property agency added that land values in the area have begun to pick up pace since 2011 after the government announced the construction […]
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Researcher Unveils New Finding Comparing Heat Resistance of Four Types of Roofing Tiles
Advertorial A professor at the Institute of Technology of Cambodia (ITC) and Chairman of the Technology and Energy Research Council Chan Sarin has recently unveiled a new finding comparing the heat-resistant capabilities of four types of roofing products. The four types of products tested include cement tiles, ceramic tiles, PU tile, and zinc tiles This […]
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Southern Phnom Penh a future country’s new economic corridor, says CBRE
CBRE Cambodia has forecasted that the southern districts of Phnom Penh and several neighboring districts of Kandal province will soon become the country’s new economic corridor, encompassing future residential, commercial, and industrial activity. According to its recent report, the Capital’s most southern districts namely Dangkao and Mean Chey, as well as Takhamo City, Kandal Steung […]
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Affordable modern housing project TKS Residence launched in Pochentong
A new affordable housing project, TKS Residence, has officially launched, aiming to contribute to the growth of the Pochentong area and to provide modern homes at affordable prices to customers. Located in the Pochentong area only 1.5km from the Russian Blvd, the project is being built on approximately 4 hectares of land with […]
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Telecom Ministry Vows to Put End to Poor Carrier Signal in Boreys
The Ministry of Posts and Telecommunications will start installing signal testing kits in boreys and will order the carrier service providers to immediately fix their signals if the kits show a low signal, without reason. Minister of Posts and Telecommunications HE Chea Vandeth addressed this new measure during an official meeting on Monday 9 August, […]
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