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ខ្មែរ Property Focus
PM Orders Immediate Seizure of Illegally Owned Land Around Tonle Sap
- 29 November 2021
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...
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Housing Association, Water Authority Join Hands Expanding Water Supply to Outlaying Residential Projects
- 27 November 2021
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...
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Cambodia-Thai Borders in Battambang & Banteay Meanchey Set to Open Soon
- 26 November 2021
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...
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Land Registration Campaign in Kampot Over 70% Complete
- 26 November 2021
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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Gov’t Extends Tax Exemption to COVID-19 Affected Businesses Until March Next Year
- 25 November 2021
The General Department of Taxation (GDT) has extended tax exemptions to businesses affected by the COVID-19 pandemic until March 2021. GDT Director General HE Kong Vibol recently said that by seeing difficulties faced by business owners in the sectors such as tourism, and aviation, among others, the government will continue to extend tax exemption period for another 3 months from the original d...
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MEF Minister Urges ASEAN Valuers Association to Enhance Regional Real Estate Standards & Guidelines
- 25 November 2021
Deputy Prime Minister and Minister of Economy and Finance HE Aun Pornmoniroth has urged the ASEAN Valuers Association Congress (AVA) to consider implementing four major guidelines to promote sustainable development of the real estate sector. The request was made in his opening speech at the 23rd ASEAN Valuers Association Congress on Thursday 25 November. HE Minister Aun Pornmoniroth stated t...
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MEF: Real Estate to Recover in Line with Economic Growth; 2.4% in 2021 & 4.8% in 2022
- 25 November 2021
Cambodia's real estate sector is projected to recover quickly supported by a gradual increase in foreign investment inflow and the increase in demand for low and medium price properties. Deputy Prime Minister and Minister of Economy and Finance HE Aun Pornmoniroth made these remarks at the 23rd ASEAN Valuers Association (AVA) Congress on 25 November. HE Aun Pornmoniroth stated that the real ...
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HLH Group Successfully Sells US$12-million Hotel in Sihanoukville
- 22 November 2021
Hong Lai Huat (HLH) Group’s subsidiary PH One Development has successfully sold its US$12-million D’Seaview hotel project in Sihanoukville. The sale was completed on 17 November with ownership titles already transferred, according to HLH Cambodia Public Relation Manager Kuoch Lengkheang. HLH Group announced the sale of its 98-key hotel in its D’Seaview project in Sihanoukville for approximat...
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Ministry of Interior Orders Relevant Authorities to Solve Land Disputes Transparently
- 22 November 2021
The Ministry of Interior has requested relevant authorities to address all types of land disputes nationwide in a transparent and effective manner, especially for local and indigenous peoples. The ministry gave the order during the 14th National Conference on Land and Natural Resources Governance with 53 partnered NGO partners on Tuesday 17 November. Secretary of State of the Ministry of Int...
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Resort-Style Lennar Masterplan Community in Homestead, Florida
- 20 November 2021
Golden Gate Global works closely with Lennar to offer real estate investors exclusive opportunities for U.S. home purchases through Lennar’s extensive inventory of residential communities in 21 states of the USA. Demand for U.S. real estate among Asian investors has steadily increased in recent years. Cambodian investors can now buy homes in the Lennar community of Pine Vista in Homestead, Flor...
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