English 
ខ្មែរ Property Focus
CENTER CITY A JEWEL TO MAKE TA KHMAO SHINE
- 16 April 2016
2018 will see Ta Khmao city transformed into a real estate development hub thanks to the construction of the first large-scale residential and commercial development project called Center City Ta Khmao. Located just south of Phnom Penh along the Tonle Bassac riverfront, the Center City Ta Khmao complex is to be built on a 15,463 square metre plot with 10,668 square metres of beautified landscap...
Read More
CAMBODIAN LAND TITLE CLASSIFICATIONS EXPLAINED, ONCE AND FOR ALL!
- 16 April 2016
To the new property buyer, Cambodian land title classifications can be rather confusing. Let’s explore the three main ways property ownership can be secured in Cambodia, and the major misconceptions surrounding Cambodian property ownership and Cambodia land titles. All Cambodian land title records were destroyed between 1975 and 1979. This meant that after the war, proof of ownership had become...
Read More
EMERALD + TO LEAD IN PROPERTY MANAGEMENT
- 15 April 2016
Established in 2016 after six months of trial operations, Emerald+ is aiming to distinguish itself by being the first local real estate agency specialising in professional property and facilities management services. A partner of the Singapore-based UEMS Facilities Management Group, Emerald+ prides itself on excellent customer services for property management, modern office spaces, meeting room...
Read More
TEHO ENDS JV WITH SOK BUN
- 15 April 2016
Singaporean real estate developer Teho International will terminate their JV with Sok Bun according to a company filing on the Singapore stock exchange on 23 February. The Sok Bun Group was a 51 percent partner in Teho Cambodia which was developing the flagship $500 million ‘The Bay’ condominium. The filing stated that, “The joint venture agreement shall be terminated with mutual consent and...
Read More
CIMB BANK TO OPEN HEAD OFFICE IN EXCHANGE SQUARE
- 15 April 2016
Hongkong Land has announced that CIMB Bank will open its new Cambodia head office at Exchange Square, a new Grade A office and retail building scheduled for completion at the end of 2016. “Exchange Square is a quality development in a prominent location, which will benefit leading organisations such as CIMB Bank who look to establish offices in Phnom Penh’s emerging financial district,” said Mr...
Read More
CAMBODIA TO HOST AVA CONGRESS FOR FIRST TIME
- 15 April 2016
The Asean Valuers Associations (AVA) Congress meeting is to be hosted in Phnom Penh for the first time on 4-6 May on the theme of “One ASEAN, One Valuation Standard.” Delegates from eight ASEAN member countries will meet in the capital to discuss real estate and valuation regulations, standards and techniques adopted in the profession. New AVA president Kim Heang told the Phnom Penh Post tha...
Read More
CHINESE OFFERING UNITS ON MALAYSIAN ISLAND ECO-CITY
- 7 April 2016
A Chinese developer is promoting residential units on a mega-project located on four artificial islands in the Johor Strait separating Malaysia and Singapore. Forest City is projected to be a $41 billion, 14 square kilometre self-contained eco-city scheme developed by Country Garden, though no units are yet completed as the islands themselves are still under construction. The project which b...
Read More
VINGROUP MOVES INTO AUSTRALIAN MARKET
- 7 April 2016
Vingroup, Vietnam’s top property developer, has entered the Australian market after a $16 million land deal in Sydney’s central business district, according to The Australian newspaper. It was reported that Vingroup will build a hotel complex in the city. A 172-room hotel was proposed for the 1,030 square metre land, but no approval has been given on the development. It is expected that Vingrou...
Read More
ISSUES FACING REAL ESTATE IN AEC
- 7 April 2016
A recent CBRE study, ‘ASEAN Economic Community: A boost to South East Asian real estate’, noted a number of challenges and opportunities facing the sector with the advent of the AEC. Transparency in markets was highlighted as a challenge with Cambodia in particular needing to create an atmosphere more conducive to doing business. A lack of skilled labour and a mismatch of skills also threate...
Read More
LEGISLATE TRANSACTIONS URGES CVEA
- 1 April 2016
To ensure sellers to use a registered real estate company to value their property before placing it on the market, the CVEA has called on the government to regulate all property transactions as part of the pending management law. The initiative would mirror the US model and is designed to control speculation and artificial price jumps in the local real estate market. Ensuring stability and cons...
Read More