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ខ្មែរ Property Focus
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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L’attrait Successfully Completed in Spite of Pandemic
- 30 November 2021
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...
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Karaoke, Bars & Discotheque Businesses Allowed to Resume
- 30 November 2021
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 ...
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Cambodia Hosts Seminar Disseminating New Investment Law for 300 Chinese Investors
- 30 November 2021
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...
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Gov’t to Compile Development Masterplan for Koh Kong’s Offshore Islands
- 30 November 2021
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...
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New Beach Club at Otres Beach Officially Opens
- 29 November 2021
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...
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UN-Habitat, S. Korea to Build Floating City, Pioneering New Living Amid Rising Sea Level
- 29 November 2021
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...
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