Property Focus
Chip Mong Land Showcases Features of its First Serviced Apartment Granferte
Advertorial Granferte Phnom Penh is a spacious 13-storey serviced apartment located in Toul Kork district of Phnom Penh, and the first serviced apartment operated by Chip Mong Land, one of the leading real estate developers in Cambodia. Granferte Phnom Penh is built to provide a comfortable and modern living experience to residents, with a prime location at the corner of Street 331 and Stree...
Read MoreGov’t Issues New Regulations for Borey Owners Regarding Cell Towers & Cable Networks
The Telecommunications Regulator of Cambodia (TRC) has urged all borey owners to closely monitor requests from private firms to build cell towers, signal boosters, optic cable networks, and other telecommunications infrastructures in any borey, as those activities are harmful to residents if done improperly. According to the TRC announcement on 30 September, this new order has been issued after...
Read MoreNew Boutique Shopping Mall to Rise in the Heart of Phnom Penh by Mid-2022
The second phase of Lucky Pavilion Mall located along Sihanouk Blvd in BKK1, Phnom Penh’s prime downtown district, is currently under development and scheduled for completion and operation by mid-2022. The developer Lucky Mall Co., Ltd. said the second phase, which includes a landmark glass façade, is being implemented after the construction was successfully completed on the first phase and is ...
Read MoreConstruction Begins on US$130 million Koh Tonsay Development
Construction has begun on the US$130-million mix-used development project on over 140 hectares of land in Koh Tonsay in Kep province by the Try Pheap Group. The deputy governor of Kep province said on 29 September that construction began on 22 September as the company's team had already transported equipment and construction materials to the island. After receiving an investment license from...
Read MoreGDT Extends Property Tax Payment Deadline to End of October
The General Department of Taxation (GDT) has extended the deadline for property tax payment for 2021 from 30 September to 31 October 2021. According to the announcement issued on 28 September 2021, this extension is to give more time to many property owners who have not yet declared their tax. GDT also urged those who have not paid their tax to do so to avoid fines and punishment in accordan...
Read MoreWith First 4 Phases Sold Out in Pandemic, Urban Village Triumphs at Asia Pacific Property Awards 2021-2022
Urban Village and Factory Phnom Penh, the biggest mixed-use Hong Kong-standard development in Cambodia, has once again surprised the leading real estate players in the region by scoring two prestigious awards at the Asia Pacific Property Awards 2021-2022 organized by the International Property Awards, according to co-founders, Ms. Catherine Chan and Dr. Ben Li. Urban Village is the best-selling...
Read MoreSihanoukville Land Use Master Plan 2038 Officially Approved
The Ministry of Land Management, Urban Planning and Construction has officially approved the Sihanoukville Land Use Master Plan to 2038 to provide a framework and direction for the effective management and development of Sihanoukville City. According to decision No. 045 dated 08 September 2021, the master plan will help promote urban land use and tourism, industry, logistics, and national and i...
Read MorePan Pacific Hotels Group to Open Branches in Phnom Penh & Siem Reap in 2023
Singapore-headquartered Pan Pacific Hotels Group will enter the Cambodia market in 2023, with one hotel scheduled to open in Phnom Penh and another in Siem Reap city. According to the group press release on 22 September, the group will open Pan Pacific for Phnom Penh, and PARKROYAL for Siem Reap. The 212-room Pan Pacific Phnom Penh will be situated centrally on the bustling Norodom Boulevard...
Read MoreNew Public Beach Resort Development Proposed for Kampot Province
The Kampot Provincial Administration has given an initial green light to the proposal of developing a new beach resort along the Kampong Bay River but ordered the investment firm to submit a full report for approval before reaching the investment agreement signing stage. Kampot Governor HE Cheav Tay expressed his support for the project after inspecting the actual site on Monday 20 September. ...
Read MoreTboung Khmum Authority Issues New Regulations Strengthening Land Use & Construction
The Tbong Khmum Provincial Administration has issued four new regulations to strengthen control over all construction works, landfilling activities, and especially the divided land plot businesses within the province. According to the announcement dated 22 September 2021, the new regulations were issued after the administration found that some people were using land and building constructions t...
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