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ខ្មែរ Property Focus
Borey Tourism City in Siem Reap to Host a Customer Thank You Party
- 9 July 2018
Borey Tourism City in Siem Reap Borey Tourism City by OCIC is hosting a lucky draw party to celebrate 70% of its 3rd and 4th phases selling out as well as to thank the customers who have always supported Tourism City since its first phase. To be held at 6pm-8pm on 16 July, the event will take place at the Borey Tourism City Sales Office in Siem Reap Province, where all attendees can have the...
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Dutch Company to Develop Luxury Lotus Island on Phu Quoc
- 6 July 2018
Lotus Island on Phu Quoc. Photo Credit: Royal Haskoning Dutch consulting engineer Royal Haskoning has been chosen to design an artificial island in Vietnam, according to a statement on the company’s website. The man-made island, in the shape of Vietnam’s national flower the lotus, will be located at the South East coast of Phu Quoc Island and will be part of a larger waterfront and coastal d...
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Cambodia’s Historic Raffles Hotels Sold to Singapore Firm
- 3 July 2018
Raffles Hotels in Siem Reap Singapore-based hotel management platform Lodgis Hospitality Holdings Pte. Ltd. (Lodgis) had acquired the two Raffles hotels in Cambodia. According to the press release yesterday, Raffles Hotel Le Royal Phnom Penh and Raffles Grand Hotel d'Angkor Siem Reap were officially sold to the company. Following the acquisition, the two hotels are now part of the collect...
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Two More Big Hotels Given Green Light in Sihanoukville
- 28 June 2018
Sample Photo of Beach Resort Two property development companies have received the green light from the Council for the Development of Cambodia (CDC) to build luxury hotels in Sihanoukville, providing over 2,000 jobs. Nan Hai Real Estate Development Co. Ltd and Hein Li Properties Co. Ltd have received certificates of approval to build a five star and a four star hotel respectively. The CDC...
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Shanghai Company to Expand Tonino Lamborghini Hotels Brand to Cambodia
- 27 June 2018
Tonino Lamborghini Hotel in Wenzhou City scheduled to be opened by 2020 Shanghai-based Join.In Hospitality Management plans to open two new properties under the Tonino Lamborghini Hotels & Resorts brand in Siem Reap Province, according to a report from TTG Asia. The announcement was revealed after the firm signed an agreement with Hong Kong’s Shimao International Development Company to d...
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Phnom Penh City Hall holds meeting on land ownership issues
- 21 June 2018
Phnom Penh City Hall on Wednesday, June 20, 2018, held a meeting to discuss issues related to land ownership in the city. Chaired by the Phnom Penh Municipal governor Khoung Sreng, the meeting evaluates the progress of granting land to the affected families and land title for people living in Phnom Penh. Aside from that, the meeting also discusses sub-dividing the land for people living in Bore...
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Cambodia Ready for Global Casino Industry
- 12 June 2018
Aerial view of Naga World casino in Phnom Penh Cambodia is fast becoming an attractive target for global casino industry brands, according to Andrew Klebanow, senior partner at Las Vegas-based business consultancy Global Market Advisors LLC. “The potentials include an expanding domestic economy, growing tourism, rising investment from China, and the prospect of a casino law to provide the ba...
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Cambodia’s MLMUPC Mordernises Land Titles With Qr Code
- 8 June 2018
H.E. Lor Davuth is captured from a video clip of MLMUPC. Cambodia’s Ministry of Land Management, Urban Planning and Construction has officially announced the introduction of the new land title with a QR code, an upgrade to help ease the management of databases of the General Department of Topography and Geography, give fast access to the information and effectively put to an end of fake land ti...
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500 Startups Invests in Cambodian Local Real Estate Portal
- 6 June 2018
A US-based venture capital firm known as 500 Startups has recently invested hundreds of thousands of dollars of seed capital in a Cambodian local property management system portal known as KhmerHome.com, according to Deal Street Asia. Founded in 2017, KhmerHome.com is an online platform owned by Mekong Classifieds which offers a localised real estate management system and in particular a new pr...
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CVEA Urges Government to Legislate Real Estate Brokers
- 4 June 2018
Mr Cheng Kheng, chairman of board of directors of the CVEA. Photo Credit: La Reine The Cambodian Valuers and Estate Agents Association (CVEA) has recently urged the government to legislate real estate broker to help rid the market of a huge amount of ‘unqualified and ineligible’ real estate brokers currently operating in the kingdom. Mr Cheng Kheng, chairman of board of directors of the Camb...
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