Property Focus
L’attrait Successfully Completed in Spite of Pandemic
L’attrait BOEUNG KENG KANG, the first high-end Japanese-developed condominium project in Boeung Keng Kang 1, has been completed and is fully operational from November onwards despite the impact of the COVID-19 pandemic. The construction comprises of 26 storeys and 149 units which includes a mix of studios, one bedroom, two bedroom and penthouse units. The project has been heavily impacted by t...
Read MoreKaraoke, Bars & Discotheque Businesses Allowed to Resume
The Phnom Penh Capital Administration has issued a new announcement allowing karaoke, bars and discotheque in Phnom Penh to resume their businesses from Tuesday 30 November onwards under the new normal practice. This new announcement voids the previous announcement on Monday stating that the aforementioned are not allowed to open until 5 December. Under this new decision, owners or managers ...
Read MoreCambodia Hosts Seminar Disseminating New Investment Law for 300 Chinese Investors
The Council for the Development of Cambodia (CDC) yesterday held a seminar to disseminate the new investment law for over 300 Chinese investors and businessmen via an online platform, aiming to attract more investment. During the seminar, CDC also unveiled that as of October 2021, Chinese investment in Cambodia has reached US$27 billion with the number expected to increase gradually given the i...
Read MoreGov’t to Compile Development Masterplan for Koh Kong’s Offshore Islands
The Koh Kong Provincial Administration and relevant authorities will start inspecting, collecting data, and compiling a development masterplan for more than 23 islands in Koh Kong province, to enhance the management system, promote tourism, and attract more investors. The action plan was set during a meeting of relevant officials on 25 November, chaired by Provincial Deputy Governor Ouk Pheaktr...
Read MoreNew Beach Club at Otres Beach Officially Opens
A new beach club along Otres beach in Sihanoukville was officially opened yesterday in the presence of Sihanoukville Governor HE Kouch Chamroeun and Deputy Prime Minister HE Men Sam An. Owned by Golden Sun Sky Entertainment, this resort is a modern recreation centre that includes resultants, lounges, bars, and clubs with private boat docks and a helipad. HE Kouch Chamroeun said the opening o...
Read MoreUN-Habitat, S. Korea to Build Floating City, Pioneering New Living Amid Rising Sea Level
A floating city is planned to be built offshore of South Korea’s Busan city and will become a model floating city for city development to coastal cities around the world amid the issues of rising sea levels and climate changes. The project is a cooperation between UN-Habitat, the South Korean government, and Oceanix, a company founded by Danish architect Bjarke Ingels Group, with an official ag...
Read MorePM Orders Immediate Seizure of Illegally Owned Land Around Tonle Sap
Prime Minister Samdech Hun Sen has ordered an immediate seizure of all the illegally owned mangrove forest land in the Tonle Sap region from encroachers regardless of their social status, while a special working group has also been established to investigate and tackle the issues. Samdech Hun Sen stated in a voice message that the seizure must be done at all costs no matter how much criticism t...
Read MoreHousing Association, Water Authority Join Hands Expanding Water Supply to Outlaying Residential Projects
The Housing Development Association of Cambodia (HDAC) and Phnom Penh Water Supply Authority (PPWSA) will work together to address the shortage of clean water networks in construction sites, boreys, and condos, among other real estate development projects across Phnom Penh’s outlaying regions, amid a rise in demand. According to a meeting on Friday 26 November, the two parties have agreed to in...
Read MoreCambodia-Thai Borders in Battambang & Banteay Meanchey Set to Open Soon
The Cambodian and Thai governments have agreed to open multiple land border checkpoints between Cambodia’s Battambang and Banteay Meanchey provinces and Thailand’s Sa Kaeo Province . The decision was made during a meeting on Thursday 25 November between Banteay Meanchey Governor HE Um Reatrey, Battambang Governor of HE Sok Lou, and Sa Kaeo Governor HE Parinya Phothisat. Both sides have yet t...
Read MoreLand Registration Campaign in Kampot Over 70% Complete
To date, the land registration mission in Kampot province is over 70% complete, as land plots in 358 villages have been registered and got their title deeds issued. The data was unveiled during a site inspection of Kampot Governor HE Mao Thonin to the Banteay Meas village in Banteay Meas district on Thursday 25 November. HE Mao Thonin said that since the start of the implementation in Octobe...
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