Construction Slows But Home Loans Rise

Despite the recent statistics from the Ministry of Economy and Finance warning of a slowdown in the construction sector over the next five years, Cambodia’s commercial banks continue to see strong growth in housing loans. Leading high street banks such as Acleda, and CIMB saw significant growth in housing loans granted in the first five months of the year. According to a report in the Khmer Tim...

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ការពិនិត្យមើលក្បាលដីដោយឧបករណ៍រ៉ាដារបស់ក្រសួងរៀបចំដែនដី នគរូបនីយកម្ម និងសំណង់

ក្រសួង​រៀបចំ​ដែនដី នគរូបនីយកម្ម និង​សំណង់ (MLMUPC) បច្ចុប្បន្ន​កំពុង​ធ្វើ​សេចក្តីព្រាង​សេចក្តីប្រកាស​ដែល​នឹង​បញ្ឈប់​សមត្ថភាព​របស់​សាលា​រាជធានី​ភ្នំពេញ និង​សាលាខេត្ត ក្នុង​ការ​ចេញ​វិញ្ញាបនបត្រ​សម្រាប់​ការលក់​ដី​ដែល​ក្រសួង​ចាត់ទុកថា​មាន​ហានិភ័យ​ខ្ពស់​។​ ​បញ្ហា គឺ​ចាប់បាន​នៅ​លើ​ឧបករណ៍​រ៉ា​ដា​របស់​ក្រសួង ដោយសារតែ​មាន​ការកើនឡើង​នៃ​ចំនួន​ប្រតិ​ប​តិ្ត​ការលក់ដែល​អ្នកលក់​ដី​មិន​បាន​ផ្តល់​ជូន​អ្នក​ទិញ​នូ...

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Regional “Cambodia Property Show” series forges path for offshore sales

Cooling measures and uncertainty in the Singaporean property market saw investors flock to the inaugural “Cambodian Property Show” at the Marriott hotel in Singapore last weekend. The show was another collaboration between Cambodia’s leading property portal website, Realestate.com.kh, and Asia’s leading property portal network, the PropertyGuru Group. The opening address from His Excellency Mr ...

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Positive Workplaces Make Successful Business

A business owner has so many things to consider on a daily basis that it’s not surprising that office improvement probably isn’t a top priority. However, a lot of business owners don’t realise the huge difference that the working environment has on employee productivity. Research shows that the effect of the work environment on employees is one of the most important aspects of a successful busi...

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New Procedures for Property Tax Collection

Starting from this June, all property ownership transfer or property with ownership rights in Cambodia must follow the new tax collection guidelines which aim to ensure transparency and convenience. The Prakas issued on 14 June 2016 by the General Department of Taxation of the Ministry of Economy and Finance states that for registered property (with title deed) that has the entirety of its owne...

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EuroCham RECC Supporting Standards

Since its inception in Cambodia in 2011, the European Chamber of Commerce (EuroCham Cambodia) has been investing significant effort toward assisting the development of the real estate and construction industries in Cambodia and bringing benefits to companies and bodies. The recently-released EuroCham “White Book 2016” contains practical, research-based recommendations which, if implemented, wou...

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Eco-Friendly Industrial Park Sets New Standards

Le Urban Eco Park is not only the first ecologically friendly satellite, but is also the first mixed-use development where an industrial zone, residential complexes, commercial office space, retail outlets and a pleasure zone are integrated into one. Located about 15 minutes from Phnom Penh International Airport along National Road 3, in Anlung Romeat Commune, Kandal Strung District, Kandal Pro...

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Phnom Penh Price Rises Highest In Asia Pacific

Phnom Penh residential property prices rose an astonishing 26.2 percent in 2015, the highest of any city in the Asia Pacific region according to the Knight Frank Prime Asia Development Land Index. In H2 of 2015, the performance cooled a little with the cost of residential property rising by 10.6 percent. This placed Phnom Penh behind only Tokyo as the city with the greatest rise in land values ...

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Center City Ta Khmao Completes Foundation Works, Opens Sales

Just a few months after its March grand opening, Center City Takhmao has already completed the foundation works allowing it to confidently open sales. Developed by The River, the complex will is raising the future standard for a luxury commercial and residential district in Ta Khmao City as well in Cambodia. By mid-June, Center City Takhmao had already finished its foundation works for the shop...

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Indonesia Extends Foreign Ownership of Property

Indonesian President Widodo has signed a new regulation allowing extension of foreign ownership of houses to 80 years in a bid to boost investment in the struggling property sector. Foreign investors can now purchase “right-to-use” property titles for 30 years, with a possible two stage extension of up to an additional 50 years. This revises a 1996 law allowing foreigners titles for 25 years wi...

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