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ខ្មែរ Property Focus
Number of Mortgage Applications in Q1 Increases by 15%, Though Values Drop by 4%
- 12 May 2021
The number of mortgage application in Cambodia in the first quarter of 2021 increased by 15% compared to the previous quarter, according to a recent report by the Credit Bureau Cambodia (CBC). The report added that even though there was an increase in the number of applications, the total value of mortgages, in contrast, dropped by 4%. Meanwhile, the number of mortgage accounts as of March 2...
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Top 5 Tallest Wooden Buildings in the World
- 11 May 2021
When talking about skyscrapers, who could imagine them to be built from wood? However, there are some skyscrapers made from timber. Here is the list of tallest timber buildings in the world arranged by Construction Review Online. 1) Voll Arkitekter’s Mjøstårne, Brumunddal, Norway The 85 metre-high tower claimed the title of the tallest timber building in the world after it was complet...
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Siem Reap Chosen as Venue for 2023 SEA Games Cycling
- 11 May 2021
Among three potential provinces, Siem Reap has been chosen to host the cycling for the upcoming 2023 SEA Games, according to the Ministry of Tourism’s announcement yesterday. The ministry stated that Siem Reap is a high-priority province as it has ready infrastructure such as airports, roads, ancient temples, and especially the Phnom Kulen National Park, which is very suitable to hosting all ki...
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Understanding Each Owner’s Rights on Undivided Property
- 11 May 2021
When buying a plot of land or a house together with friends or multiple shareholders, each co-owner has a right to that property based on the number of shares. However, the rights are limited under uncertain conditions, especially when it comes to selling the property or selling your shares. According to the 2001 Land Law and the 2007 Civil Code, and the type of property described above is know...
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‘Cloud Kitchen’ a Future Trend & New Business Opportunity for Cambodia, say Experts
- 10 May 2021
Real estate experts have forecast that the ‘Cloud Kitchen’ business model will become a future trend and potential investment opportunity in Cambodia, especially given recent lockdowns and the surge in COVID community outbreaks. The topic was discussed at a joint online conference between Pointer CEO Nguon Chhayleang and International Property Advisor (Singapore) Ku Swee Yong last weekend. C...
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Redesigning Retail Space to Ease Delivery Service Key to Catching Up with Online Shopping Trend
- 10 May 2021
The retail sector in Cambodia should consider redesigning its space and business model to catch up with the recent boom in online shopping and delivery services, say property experts. According to the CEO of International Property Advisor (Singapore) Ku Swee Yong in a webinar organised by Pointer on Saturday, the necessity to go to shopping malls or retail space has dropped drastically given th...
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Mondulkiri Landowners Instructed to Build Fence or Path Around Lands to Prevent Encroachment
- 10 May 2021
Mondolkiri Provincial Governor Svay Sam Eang has instructed all concessional landowners or companies to build paths or fences around their investment lands to prevent illegal encroachment and unexpected disputes. HE Sam Eang made the statement during a site inspection of the Pacific York Stock Company Limited encroachment case on 9 May. “Marking borders in form of path or fence is very essen...
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Australian firm mulls building ‘solar trees marketplace’ in Shanghai
- 8 May 2021
Australian firm Koichi Takada Architects has designed a “solar trees marketplace” in Minhang district, 20km southwest of Shanghai, reported GCR. The project has a total area of 3,450 sqm, comprising of 32 towers. All towers are designed based on a set of organically curved podiums that will allow stalls to be located on three levels. Each tree tower will be built with timber branches and lea...
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Golden Gate Global Offers Boutique Concierge Service for International Buyers
- 7 May 2021
Buying New Homes is Made Easy for International Buyers Golden Gate Global and Isaford Co. Ltd are proud to offer Cambodian real estate investors a high-touch concierge home purchase service, providing exclusive access to new Lennar homes in more than 1,300 communities across the United States. Purchasing a Lennar home can be completed remotely or in person, and the entire process is highly s...
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First 7-Eleven in Cambodia Set to Open at PTT Prek Pnov Gas Station in July
- 6 May 2021
After 2 years of planning, 7-Eleven Cambodia is set to open its first branch this July at the Prek Phnov PPT gas station, according to the official announcement of the Department of International Trade Promotion (DITP), Thailand’s Ministry of Commerce. The statement added that the team is currently wrapping up the construction and interior decoration. Thus, if the lockdown does not significantl...
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