Property Focus
PPSEZ CEO: Digitalizing custom procedures can reduce 30% of Cambodia’s logistic cost and if Donald Trump Wins
The Phnom Penh Special Economic Zone (PPSEZ), a key industrial park in Cambodia, is diversifying its tenant base to attract more companies from Thailand and Vietnam, amid shifts in global supply chains. Housing over 90 tenants from 15 countries across 3.57 square kilometres, PPSEZ aims to complement Thailand’s supply chain and encourage production transfer from […]
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MLMUPC Issues Procedures for Registration of Private Sectors of Co-Owned Buildings Built Before December 19, 1997
The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) has established new procedures for registering the private sections of co-owned buildings constructed before December 19, 1997, to safeguard legal property rights of occupants. This initiative is outlined in Prakas No. 050 ដនស/ប្រក/ក.ក.ច, dated 19 July 2024. The Prakas addresses co-owned buildings built before December […]
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Kampong Speu to Plant Tens of Thousands of Palm Trees Along Stung Prek Tnaot
The provincial authorities in Kampong Speu have announced an ambitious plan to plant tens of thousands of palm trees along the Stung Prek Tnaot River and around local resorts, aiming to enhance the area’s beauty and attract more tourists. The initiative seeks to make Kampong Speu the province with the most palm trees in Cambodia, […]
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In 30 Years, Halo Trust Clears Over 500 Square Kilometres of Cambodian Minefields
Since 1991, Halo Trust has cleared 511 square kilometres of minefields in Cambodia, significantly contributing to the country’s demining efforts. This milestone was highlighted during a meeting between HE Senior Minister Ly Thuch and Mr Miles Hawthorn, Director of Halo Trust in Cambodia, on 25 July 2024. During the meeting, HE Senior Minister Ly Thuch […]
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Cambodia Welcomes Over 380,000 Chinese Tourists in H1 2024, Ranks Third After Thailand & Vietnam
Cambodia welcomed 389,360 Chinese tourists in the first half of 2024, marking a significant 45.2% increase from the 268,130 visitors recorded in the same period last year. Chinese tourists accounted for 12.3% of Cambodia’s total foreign visitors, which numbered approximately 3.16 million. This surge places China as the third largest source of tourists to Cambodia, […]
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Immediate Move-In with Attractive Pricing at Borey Peng Huoth The Star Mera Garden
Borey Peng Huoth The Star Mera Garden (50m) offers a diverse range of housing options, including hybrid villas, shophouses, twin villas, and single villas, with units both under construction and fully completed. Among these, the completed twin villas stand out, available for immediate purchase and occupancy at highly competitive prices. Highlighted Properties: Twin Villa, House […]
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Surge in Foreign Investment Bolsters Vietnam’s Real Estate Market
Vietnam’s property market is witnessing a significant surge in foreign investment, fuelled by favourable economic conditions, legal reforms, and strategic infrastructure development. In the first five months of 2024, foreign investors poured nearly US$1.98 billion into the property sector, marking a 70% year-on-year increase, according to VnExpress International. This influx of capital underscores the growing […]
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Gov’t Plants 4,500 Palm Trees Along Cambodia-Vietnam Border to Promote ‘Annual 9 July Planting Day’
Kampot provincial authorities have planted 4,500 palm trees along a 3-kilometre stretch of the Cambodia-Vietnam border road in Koh Veng, Koh Chamkar village, Boeung Sala Khang Tbong commune, Kampong Trach district. This initiative took place on 21 July 2024 to celebrate the “Planting Day”, held annually on 9 July to enhance historical significance and promote […]
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Experts Predict Recovery for Phnom Penh Real Estate Market with Strategic Adjustments
The Phnom Penh real estate market is currently undergoing a necessary correction phase, which is painful yet vital for moving forward to the next cycle. This correction is seen as a necessary step to stabilize the market and prepare it for future growth, according to Ms. Kim KinKesa, Managing Director of CBRE Cambodia in a […]
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Gov’t Restricts Casino Operations in Kep & Kampot, Allowing Exceptions in Two Areas
The Cambodian government has officially restricted casino operations in Kep and Kampot provinces to only two designated areas: Bokor Mountain and Prek Chak. This decision is outlined in Sub-Decree No. 110 dated 11 June 2024. The decision aims to foster diversified investment in sectors such as hotels and hospitality, manufacturing, agro-industry, trade, and special economic […]
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