Property Focus
Kampong Cham Authorities Warn About Severe Legal Action Against Mangrove Forest Encroachment
The Kampong Cham Provincial Administration has ordered relevant officials to prevent any illegal encroachment on mangrove forest land and warned that severe legal action would be taken against the encroachers, according to a meeting of officials on 17 May. The meeting focused on solving the encroachment case on a mangrove forest land plot in the […]
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Koh Kong Authorities Greenlight Another Sand Mining Business in Kiri Sakor District
The Koh Kong provincial administration has granted a permit to KNPG Investment Co., Ltd to operate a sand mining business in Preaek Khsach commune in Kiri Sakor district. However, the firm must follow a set of guidelines, according to an official meeting on 13 May. The meeting mainly discussed the social and environmental impact of […]
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Over 400 Families Living Along Siem Reap River to be Relocated
A total of 431 families living on state land along the Siem Reap River from the Neak Bridge to the Angkor Bridge in Slor Kram commune, have been ordered to demolish their properties and relocate to new government-provided land plots. Deputy Governor of Siem Reap Province Ngan Phirun said during the site inspection yesterday that […]
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Number of Mortgage Applications in Q1 Increases by 15%, Though Values Drop by 4%
The number of mortgage application in Cambodia in the first quarter of 2021 increased by 15% compared to the previous quarter, according to a recent report by the Credit Bureau Cambodia (CBC). The report added that even though there was an increase in the number of applications, the total value of mortgages, in contrast, dropped […]
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Top 5 Tallest Wooden Buildings in the World
When talking about skyscrapers, who could imagine them to be built from wood? However, there are some skyscrapers made from timber. Here is the list of tallest timber buildings in the world arranged by Construction Review Online. 1) Voll Arkitekter’s Mjøstårne, Brumunddal, Norway The 85 metre-high tower claimed the title of the tallest timber building […]
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Siem Reap Chosen as Venue for 2023 SEA Games Cycling
Among three potential provinces, Siem Reap has been chosen to host the cycling for the upcoming 2023 SEA Games, according to the Ministry of Tourism’s announcement yesterday. The ministry stated that Siem Reap is a high-priority province as it has ready infrastructure such as airports, roads, ancient temples, and especially the Phnom Kulen National Park, […]
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Understanding Each Owner’s Rights on Undivided Property
When buying a plot of land or a house together with friends or multiple shareholders, each co-owner has a right to that property based on the number of shares. However, the rights are limited under uncertain conditions, especially when it comes to selling the property or selling your shares. According to the 2001 Land Law […]
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‘Cloud Kitchen’ a Future Trend & New Business Opportunity for Cambodia, say Experts
Real estate experts have forecast that the ‘Cloud Kitchen’ business model will become a future trend and potential investment opportunity in Cambodia, especially given recent lockdowns and the surge in COVID community outbreaks. The topic was discussed at a joint online conference between Pointer CEO Nguon Chhayleang and International Property Advisor (Singapore) Ku Swee Yong […]
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Redesigning Retail Space to Ease Delivery Service Key to Catching Up with Online Shopping Trend
The retail sector in Cambodia should consider redesigning its space and business model to catch up with the recent boom in online shopping and delivery services, say property experts. According to the CEO of International Property Advisor (Singapore) Ku Swee Yong in a webinar organised by Pointer on Saturday, the necessity to go to shopping […]
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Mondulkiri Landowners Instructed to Build Fence or Path Around Lands to Prevent Encroachment
Mondolkiri Provincial Governor Svay Sam Eang has instructed all concessional landowners or companies to build paths or fences around their investment lands to prevent illegal encroachment and unexpected disputes. HE Sam Eang made the statement during a site inspection of the Pacific York Stock Company Limited encroachment case on 9 May. “Marking borders in form […]
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