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ខ្មែរ Property Focus
370ha Aquaculture Farm & New Port Set for Koh Kong Province
- 6 September 2021
The Cambodian government has agreed to lease state land to private firms to invest in building a 369-hectare aquaculture crab farm and a small-scale port in Sre Ambel district, Koh Kong province, while an inter-ministerial working group is currently evaluating the land price. Koh Kong Deputy Governor Ouk Pheaktra said during a meeting on Saturday 4 September that the establishment of the inter-...
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Gov’t greenlights request for establishing 5 ecotourism destinations in Kulen national park
- 4 September 2021
The Siem Reap Provincial Administration has given the green light to the private firms’ requests to establish five small ecotourism sites in Phnom Kulen National Park after inspecting the actual location on Thursday. The administration also advises the firms to do EIA with the full report before getting final approval from the Minister of Environment. Each project will cover an area of no mo...
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Big C Opens its First Store in Phnom Penh
- 3 September 2021
Big C Supercenter has opened its first mini Big C store in Phnom Penh after the first full-scale Big C Supercenter was opened in Poi Pet city in Banteay Meanchey province in 2019. The first Mini Big C is operated under the Big C Cambodia. According to a post on Facebook page Big C Cambodia, the first Mini Big C store is located on Street 215, Veal Vong commune, 7 Makara district. The comp...
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30ha of Kampot Land Allocated to National Defense Ministry for Firearms Training Ground
- 3 September 2021
The Kampot Provincial Administration has decided to allocate 30 hectares of land in Sangkat Koh Touch in Bokor City to the Kampot Sub Military Headquarters to build a firearms training ground. According to a meeting on Thursday 2 September, since the plot has only 24.33 hectares of land, an additional 5.67 hectares will be taken from natural streams and public roads. Kampot Governor Cheav Ta...
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Gov’t Rejects 1,000ha Natural Lake Acquisition Proposal in Lvea Em District
- 2 September 2021
The Cambodian government has rejected an investment proposal from the private sector to buy 1,000 hectares of a natural lake in Lvea Em district in Kandal province and has ordered the area be kept for public use. According to a statement from the government’s cabinet dated 24 August, a private company named Chnas Chnas Real Estate has requested the acquisition of the aforementioned natural lake...
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NagaCorp Reports US$77.2 million Loss in H1 2021
- 2 September 2021
Hong Kong-listed NagaCorp reported that NagaWorld made a US$77.2 million loss in the first half of this year compared to US$20 million in profit in H1 2020 after the firm voluntarily closed down its operation in March to help prevent the spread of COVID-19. Despite the loss, the firm still had positive revenue with US$129.3-million Gross Gaming Revenue (GGR), and US$11.2-milion Earnings Before ...
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With three completed projects, Urban Village sold over 1,300 units amid the ongoing pandemic in Cambodia
- 31 August 2021
Cambodia’s largest and multi-award-winning real estate developer from Hong Kong with over 20 awards from Asia, Europe and North America, Urban Hub Cambodia continues to lead the residential development sector in Cambodia despite the ongoing pandemic with over 1,300 units of its fourth project Urban Village Phase 2, sold in less than 2 years. Urban Hub Cambodia is the most recognised developer i...
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Cambodia’s First 7-Eleven Opens Today in Chroy Changvar
- 30 August 2021
The first 7-Eleven mart in Cambodia has finally opened its Chroy Changvar branch on 30 August after over a year of waiting, according to the official Facebook page of 7-Eleven Cambodia. CP All Cambodia, the franchisee of Cambodia’s 7-Eleven, also plans to open in several other places, including one in the PTT Prek Pnov gas station. The announcement of the opening of 7-Eleven in Cambodia was ...
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Cambodia to Send Archaeologists Inspect Alleged Angkor Wat-Like Temple in Thailand
- 27 August 2021
The Ministry of Culture and Fine Arts keeps investigating the alleged Angkor Wat-like temple in Thailand, with a plan to send archaeologists to inspect the site after the pandemic subsides. According to Secretary of State of the Ministry of Culture and Fine Arts HE Hap Touch, Cambodia will send experts in archaeology and temple architects to Thailand soon, stating that the trip is difficult at ...
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Understanding Rules & Regulations When Occupying Land Adjacent to Riverbanks or Coastline
- 27 August 2021
Land plots located next to shorelines, in general, have great development potential with high prices. However, in Cambodia, owning shoreline-adjacent land plots can be very complicated especially regarding the frequently occurring issue of state land overlapping. According to Sub-decree No.98 RNKR.BK dated 24 July 2015, the possession of land adjacent to the shoreline is not illegal, but it mus...
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