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ខ្មែរ Property Focus
Thailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus
- 20 November 2024
Thailand is revising its real estate laws to attract foreign investment, proposing significant amendments to extend lease terms from the current maximum of 30 years to up to 99 years. This initiative, championed by Finance Minister Pichai Chunhavajira, is aimed at revitalizing the country’s sluggish economic growth and addressing rising household debt. The proposed changes, announced on Aseannow.c...
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30-year journey of creating norms for Pebsteel’s pre-engineered steel building and steel structure industry
- 20 November 2024
Being a global enterprise with solutions for pre-engineered steel building and steel structure, Pebsteel has gained credibility from customers with a series of projects in over 50 countries. Pebsteel has made continuous efforts to improve itself and maintain its pioneering and leading position for 30 years. Build a solid foundation for the pre-engineered steel industry in Cambodia and Asi...
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Borey Peng Huoth Launches Exclusive Pre-Sales for Eco Poly 2 with Attractive Investment Opportunities
- 19 November 2024
Visit the Video Here Borey Peng Huoth, a prominent leader in Cambodia’s real estate sector, has announced the highly anticipated pre-sales event for its latest development, Eco Poly 2. This exclusive event will run from 22 to 24 November 2024, taking place at the newly constructed Villa Queen Modern Model House in the Grand Star Platinum area, Boeung Sno, Khan Chbar Ampov. Early buyers can s...
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Thai Office Space Vacancy Rate Rises 26.3%, Yet Thailand’s Richest Billionaire Optimistic on Market Demand Growth
- 19 November 2024
Bangkok's office vacancy rate in prime Grade A buildings has soared to 26.3%, reflecting a growing oversupply, but Frasers Property Limited, led by Thailand’s wealthiest scion, is betting on the US-China trade feud to drive demand for office and industrial spaces across Southeast Asia, according to the Bangkok Post on 19 September 2024. With a USD 3.6 billion investment in the ‘One Bangkok’ pro...
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Cambodia Enforces Nationwide Closure of Illegal Border Crossings to Combat Transnational Crimes
- 19 November 2024
The Cambodian Ministry of Interior has ordered the immediate closure of all illegal border crossing points nationwide, implementing stringent measures to enhance border security and address cross-border crimes. Effective 13 November 2024, the directive mandates provincial governors in border regions to enforce these measures, with accountability measures in place to ensure compliance. Under ...
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Cambodia Welcomes Over 7.8 Million Tourists During Three-Day Water Festival
- 18 November 2024
Cambodia’s Royal Water Festival in 2024 attracted an impressive 7,844,388 tourists over three days, with Phnom Penh leading as the top destination, receiving 6,292,187 visitors. This remarkable turnout underscores the festival’s significance as a cornerstone of Cambodia’s cultural heritage, according to a report shared by Samdech PM Hun Manet on 18 November 2024. Of the total visitors, 7,755,09...
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Cambodia Launches National Committee to Oversee Forest Protection Land Grant Program
- 15 November 2024
In a landmark effort to promote sustainable development, His Majesty King Norodom Sihamoni has signed a Royal Decree (No. នស/រកត/១១២៤/១៤១២) to establish a National Committee tasked with implementing the Forest Protection Land Grant Program. This initiative aims to provide social land concessions to homeless individuals and impoverished families for housing and agriculture while safeguarding f...
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Thailand’s USD 6.5 Billion EV Industry Set to Power Commercial Real Estate Growth
- 10 November 2024
Thailand’s fast-growing electric vehicle (EV) industry is projected to generate a real estate market worth at least USD 6.5 billion by 2030, driven by government policies and strong foreign investments. As the country aims to solidify its position as Southeast Asia’s leading hub for EV manufacturing, this growth will fuel demand for specialized real estate to support manufacturing, research, and i...
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Three Cambodian Institutions Shine in Energy Efficiency Awards for Commercial Buildings
- 9 November 2024
In a landmark event celebrating energy efficiency, three Cambodian institutions emerged as winners at the Cambodian Energy Efficiency Competition (CEE Comp) awards, hosted by the Ministry of Environment in partnership with Sevea Co., Ltd. on 4 November 2024. Ecole Paul Dubrule Tourism School in Siem Reap took the top prize, with the Lotus Green Team and Confluences following in second and third...
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Mondulkiri Authorities Launch Extensive Crackdown on Illegal Mining with 56 Sites Targeted
- 9 November 2024
In an intensive crackdown spanning just three days, from 3 to 5 November 2024, the Mondulkiri Provincial Department of Mines and Energy and other local authorities successfully intervened at 56 locations identified for illegal mining operations across Mondulkiri province. This major operation underscores Cambodia’s growing commitment to regulate mining activities and protect its natural resourc...
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