Property Focus
Japan Commits USD 900K to Restore Bayon Temple, Enhancing Cambodia’s Cultural Legacy
To boost Cambodia’s cultural heritage preservation efforts, the Japanese government has pledged an additional grant of USD 900K for the Bayon Temple Preservation and Restoration Project. This funding will support a vital three-year initiative from 2025 to 2028 to revitalize the iconic UNESCO World Heritage site. The announcement was made on 13 December 2024 during a plenary session of the Inter...
Read MoreThe PropertyGuru Asia Real Estate Summit marks landmark 10th edition with aspirational discourses on future of cities
ARES 2024 ANCHORS PROPERTYGURU WEEK, FEATURING DEBUT OF THE MIDDLE EAST AWARDS AND OTHER MILESTONES BANGKOK, Thailand — The 10th edition of the PropertyGuru Asia Real Estate Summit (ARES), the thought leadership platform of PropertyGuru Group (NYSE: PGRU), gathered experts and thought leaders to discuss the intersecting issues moving and shaking the real estate industry, including technology, d...
Read MoreCambodia Launches Innovative Digital Platform to Register Informal Economy Businesses
In a landmark move to support its informal economy, the Cambodian government, led by PM Hun Manet, officially launched a digital registration platform on 16 December 2024. This initiative aims to register informal economy businesses, providing them with formal recognition and support while enhancing awareness of their contributions to the national and family economy. The informal economy, a vit...
Read MoreExpert: Dual-Pronged Strategy to Navigate Post-Pandemic Challenges in the ASEAN+3 Property Market
The ASEAN+3 property markets, encompassing ASEAN nations along with China, Hong Kong, Japan, and Korea, are grappling with declining prices and transaction volumes, compounded by financial constraints, surplus inventory, and at-risk developers. These challenges, exacerbated in the Plus-3 economies by stricter financial conditions and diminished buyer confidence, underscore the pressing need for st...
Read MoreKampong Cham Reaches 99% Completion in Landmark Land Registration Efforts
Kampong Cham province has achieved a monumental milestone in land registration, completing over 99% of the targeted work encompassing more than 90,000 land parcels. This progress was celebrated during a recent site inspection ahead of a ceremonial event on 9 December 2024, where residents will finally receive their long-awaited land titles, marking a transformative moment for many families. HE ...
Read MoreBorey Peng Huoth Launches The Star Platinum Eco Poli 2 with Modern Homes and Exclusive Offers
Borey Peng Huoth, a leader in Cambodia’s real estate market, has officially launched its latest development, The Star Platinum Eco Poli 2, on 13 December 2024, following a successful trial sale from 22 to 24 November. The project, spanning nearly 40 hectares in the Chbar Ampov district, will feature approximately 500 contemporary homes. It is strategically located between the Grand Star Platinu...
Read MoreCambodia’s Professional Organisations Surge to 6,491 Amid Growing Civic Engagement
The Ministry of Labour and Vocational Training has reported a sharp rise in professional organizations across Cambodia, with a total of 6,491 registered as of November 2024. This milestone was highlighted by HE Heng Sour, Minister of Labour and Vocational Training, during the 76th anniversary celebration of International Human Rights Day on 08 December 2024. The event, attended by over 2,000 pa...
Read MoreBorey Peng Huoth Launches Eco Poly 2 Project with Exclusive Promotions & Profitable Investment Opportunities
Borey Peng Huoth, a leading company in Cambodia’s residential development, has officially unveiled its latest project, Eco Poly 2, showcasing an exceptional opportunity for aspiring homeowners and property investors. The grand opening event, featuring exclusive promotional offers and access to magnificent model homes, took place from 13 to 15 December 2024 at the Villa King Grand model house, loca...
Read MoreKampot Province Celebrates Major Land Registration Achievement of Over 260,000 Plots
In a significant milestone for land ownership security, Kampot provincial authorities have successfully registered 268,272 plots of land and issued 110,611 land certificates to residents over the past three years. This initiative reflects the government’s dedication to enhancing property rights and fostering sustainable development within the province. At a recent ceremony in Antong Bek and Bor...
Read MoreOver 200,000 Land Parcels Surveyed Across Three Provinces in Six Months
In a major push for systematic land registration, Cambodia successfully surveyed 207,500 land parcels across Kampong Chhnang, Preah Vihear, and Oddar Meanchey provinces between June and November 2024. This milestone was presented during a 4 December 2024 review meeting led by the Ministry of Land Management, Urban Planning, and Construction. According to Mr. Chhoeun Bunnaroth, Secretary of Stat...
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