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ខ្មែរ Property Focus
The 16th PropertyGuru Asia Property Awards Grand Final celebrates the Gold Standard bearers of real estate
- 13 December 2021
THE BEST OF ASIA DISTINGUISHED IN CELEBRATORY VIRTUAL FINALE OF THE 2021 PROPERTYGURU ASIA PROPERTY AWARDS SERIES • Mekong Land Development Co., Ltd. from Cambodia won the title of the Best Breakthrough Developer (Asia) • Country winners from Vietnam, Mainland China, Hong Kong, Singapore, Philippines, Thailand, Cambodia, and Greater Niseko (Japan) collect coveted regional accolades an innovative...
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Chip Mong Land Officially Breaks Ground on New Residential Project `Parkland Pochentong`
- 11 December 2021
One of Cambodia’s leading real estate developers Chip Mong Land broke ground on Saturday 4 December on its brand-new residential development project—the Chip Mong Parkland Pochentong—marking the firm’s new commitment to boost the market potential of the Pochentong area. Located in a prime location just 2 minutes from the current Phnom Penh International Airport, the Chip Mong Parkland Pochenton...
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TRIBE to Open Hotel in Cambodia in 2022
- 9 December 2021
TRIBE, part of Ennismore, a global collective of lifestyle brands, is preparing to open a hotel in Cambodia in February next year, becoming its first hotel in Southeast Asia. Named TRIBE Phnom Penh Post Office Square, the hotel has 260 rooms, according to a press release. The hotel will bring a bold design edit to Cambodia’s hotel scene and the wider region as the first TRIBE branded hotel i...
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Inter-Ministries Void All Titles & Ownership Transferring Documents of All Flooded-Forest Lands
- 8 December 2021
The inter-ministerial working group has decided to deny all previously issued land titles and ownership transferring documents of all flooded-forest land after many encroachments were founded in Pursat province. The order was issued on December 5 by the Ministry of Land Management, Urban Planning and Construction, which outlined seven measures for the Pursat provincial administration to impleme...
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Majority of Retailers in Cambodia are Targeting Expansion
- 8 December 2021
By Eric Wong Chon Lap Retail leasing activity in Cambodia is expected to pick up in the coming months, amid solid expansion demand from retailers, and the completion of new shopping centers. Signs of positive movements for retailers, on store rollout and expansion strategies, following the country reopening policy on November 2021. Many leading retail developers and retail brands in Cambodia...
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Gov’t Reclassifies Over 1600ha of Natural Lake in Thbong Khmum as Multi-Purpose Area
- 6 December 2021
The Cambodian government has reclassified a natural lake known as ‘Kade Lake’, located in Baray village, Chhouk commune, Kroachmar district in Thbong Khmum province, as a multi-purpose area for better management and smarter usage. In a sub-decree dated 15 November, the lake area covers a total of 1,643 hectares of land. Meanwhile, the main purpose of reclassification is to ensure the protect...
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Cambodia to Build a Large-Scale COVID-19 Hospital Replacing Current Temporary Locations
- 6 December 2021
Prime Minister Hun Sen has announced that Cambodia plans to build a new large-scale modern COVID-19 treatment centre to transfer patients out from the Olympic Stadium and other private properties currently being used as treatment centres. This announcement was made at the inauguration ceremony of NR11 connecting Neak Leung to Tbong Khmum on Monday 6 December 2021.(Read more) According to Hun...
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Golden Park Officially Breaks Ground on Borey The Natural in Chroy Changva Area
- 6 December 2021
Advertorial Golden Park has held the ground-breaking ceremony for its new residential project The Natural, an innovative green community stretching over 60 hectares of land along NR6A in the Chroy Changva area. Held on 4 December, the ground-breaking ceremony was attended by the management of Golden Park and hundreds of guests. To celebrate the ground-breaking ceremony, Borey Golden is of...
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Real Estate Developers Set Plans for Post-Pandemic Expansions
- 3 December 2021
By Eric Wong Chon Lap Almost two years into the pandemic, although some real estate companies are still struggling to survive, or to be remain competitive in the market, major real estate developers and players have been able to quickly adapt to the unexpected situation, capitalizing on the diverse income stream they have built. Some developers have even utilized this pandemic as opportunities ...
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What is social land concession & how to obtain it legally?
- 3 December 2021
Since 2008, at least 30,000 hectares of land have been provided to more than 50,000 poor families across the kingdom with the social land concession policy known as the Land Allocation for Social and Economic Development (LASED). What is a social land concession? Who are eligible to obtain the free land? And what are the requirements? According to Sub-Decree No.19 dated 19 March 2003, social...
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