Property Focus
Angkor Wat Ticket Sales Surge Nearly 29% to USD 41.9 Million in 2024
Cambodia’s Angkor Archaeological Park has recorded a stunning revenue of USD 41,908,833 from ticket sales in the first eleven months of 2024, marking a significant 29% increase compared to the same period in 2023. The announcement was detailed in a report released by the Angkor Foundation on 1 December 2024. The report revealed that 898,339 […]
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Borey Peng Huoth Unveils Exciting Year-End Promotions with Unmatched Rewards!
As 2024 draws to a close, Borey Peng Huoth is celebrating in style with an extraordinary Year-End Celebration Promotion, offering exclusive rewards and opportunities for homebuyers and investors. The limited-time campaign provides customers with unique incentives, ranging from modern homes to luxury vacations, designed to end your year with success and satisfaction. What’s in store […]
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By 2024 Cambodia Completed Nearly 8,000 Hectares of State-Owned Private Land Registration Covering Four Strategic Locations
Cambodia made significant strides in land management in 2024, with the Ministry of Land Management, Urban Planning, and Construction successfully registering 7,725.30 hectares of state-owned private land across four major locations. The registered sites include 892.19 hectares in Romdos Sre commune, Choam Ksan district, Preah Vihear province; 4,806.42 hectares in Rayor commune, Mondulkiri province; 1,181.58 […]
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Critical Analysis of Cambodia’s Stamp Duty Exemption Policy for Properties Valued at USD70K or Less
The Cambodian government’s decision to introduce a stamp duty exemption for properties valued at USD 70,000 or less is a policy aimed at alleviating the financial burden on property buyers and stimulating the real estate market. However, while this policy appears beneficial, a deeper analysis reveals both advantages and disadvantages that raise questions about its […]
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Borey Peng Huoth Partners with Hong Leong Bank to Offer Unmatched Home Loan Solutions in Cambodia
Borey Peng Huoth, a prominent Cambodian real estate developer, has joined forces with Hong Leong Bank to launch a transformative home loan program. This partnership offers homebuyers interest rates starting at just 7% per annum, with loan terms extending up to 25 years. Customers can move into fully completed prefabricated homes within just one week, […]
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Cambodian Government Allocates USD 100 Million to Complete Land Registration Nationwide by 2029
The Cambodian government has earmarked USD 100 million to finalize nationwide land registration by 2029, underscoring its commitment to addressing longstanding land disputes. PM Samdech Hun Manet announced the initiative during the Ministry of Land Management, Urban Planning, and Construction’s annual review and planning ceremony on 26 November 2024. The comprehensive plan aims to train […]
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Mondulkiri Advances Land Registration with Over 40,000 Certificates Issued
Mondulkiri province has achieved significant progress in land registration, with over 89,776 hectares surveyed and 40,323 land ownership certificates issued as of 2024. A report presented by the Department of Land Management, Urban Planning, Construction, and Cadastre during a conference on 26 November 2024 outlined these advancements and upcoming initiatives. The report also highlighted the […]
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Daikin Expands Operations in Cambodia, Paving the Way for Industrial Growth
Japanese air conditioning leader Daikin has officially expanded its operations in Cambodia, highlighting the nation’s growing appeal to international investors. The inauguration ceremony, held on 22 November 2024, was presided over by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation, who applauded Daikin’s contribution to creating over 100 jobs and its plans for […]
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Cambodia Achieves Record Cashew Production of 840K Tons in 2024
Cambodia’s cashew industry has witnessed remarkable growth, with 840,000 tons of cashew nuts produced in the first ten months of 2024, marking a 26% increase compared to the same period last year. This significant milestone, announced by Mr. Uon Siloth, President of the Cambodian Cashew Association, reflects the sector’s growing importance in the nation’s agricultural […]
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Cambodia Achieves Over 7.7 Million Land Registrations, Eyes 2028 Completion
Cambodia has registered over 7.7 million land parcels nationwide, with only 1.5 million parcels remaining, marking substantial progress in its national land registration initiative. The Ministry of Land Management, Urban Planning, and Construction (MLMUPC) aims to complete the registration process by 2028, further strengthening land rights and management. Government Spokesperson H.E. Pen Bona shared this […]
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