Property Focus
Thailand Calls for Reopening of Preah Vihear Ruins to Enhance Tourism Potential
Thailand fervently urges the reopening of the captivating Preah Vihear temple ruins in Si Sa Ket province, after a lengthy suspension of 15 years. The move aims to revitalize tourism and foster peaceful dialogue between Thailand and Cambodia, as highlighted in the Bangkok Post on 20th May 2023. Since 2008, access to the Preah Vihear […]
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Singapore’s Luxury Property Market Flourishes as Chinese Investors Seize Opportunities Amid Tax Surge
Amidst a significant surge in demand, Chinese investors have flocked to Singapore’s luxury condominium market, acquiring a record number of units in nearly a decade, just before the Singaporean government doubled taxes on foreign property purchases. The allure of Singapore’s real estate sector remains strong, with Chinese buyers purchasing 111 luxury condominium units—a remarkable 158 […]
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Borey Peng Huoth Announces to sales of all kinds of a model houses with big promotion
On May 13, 2023, Borey Peng Huot organized a grand party at Villa King A, The Star Mera Garden, located along the 2nd Ring Road (50m) with the participation of Many customers who bought a house in Borey Peng Huoth project. Apart from thanking the customers who have always supported all kinds of houses of […]
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Spectacular Investment of $118M Elevates Cambodia as it Welcomes 20K Daily Foreign Tourists during the 32nd SEA Games
As Cambodia takes center stage in hosting the prestigious 32nd Southeast Asian (SEA) Games, the government has spared no expense, with a remarkable investment of over $118 million. This momentous occasion not only showcases the nation’s rich cultural heritage but also positions Cambodia as a global hub of excellence and a testament to its resolute […]
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Angkor Wat Ticket Sales Skyrocket, Surpassing US$14M in the First Four Months of 2023
Angkor Wat, the crown jewel of Cambodia’s cultural heritage, has witnessed a remarkable surge in ticket sales, signalling a reinvigorated interest from global tourists. Cambodia raked in an astounding US$14,031,206 from the sale of tickets to 298,998 foreign visitors in the first four months of the year, according to a report released by the esteemed […]
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Chinese & Russian Flocks Buying Real Estate in Thailand, Why Not Cambodia?
Amidst a surge in real estate investments from Chinese and Russian buyers in Thailand, Cambodia’s real estate market finds itself at a pivotal juncture, poised to learn valuable lessons from its neighboring country. Thailand’s Real Estate Information Centre (REIC) reports an unprecedented influx of Chinese and Russian investors, with Chinese buyers alone accounting for 49% […]
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PM Hun Sen Grants Complimentary Angkor Wat Access to Foreign Athletes Participating in SEA Games
In a remarkable gesture of hospitality, Prime Minister Hun Sen has announced that all foreign athletes competing in the upcoming Southeast Asian (SEA) Games hosted by Cambodia will be granted free access to the iconic Angkor Wat temple complex, exempting them from purchasing entrance tickets. The Prime Minister made this generous declaration while conferring diplomas […]
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WB Warns of Potential Threat to Cambodia’s Financial Stability Amidst Disruptions in Commercial Real Estate Market
The slow recovery and current disruptions in Cambodia’s real estate market could potentially threaten the country’s financial stability through the connectedness of the sector with the financial system and the broader macroeconomy, warned the World Bank in its latest report. The report identifies two key issues plaguing the sector: excess supply and a lack of […]
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Collaborative Efforts Unleashed: 30 Protected Area Management Projects Unveiled in 7 Provinces
In a momentous display of collaboration, the Ministry of Environment and the Ministry of Rural Development have joined forces to initiate the Cambodia Sustainable Landscape and Ecotourism Sustainability Project (CSLEP) across 30 protected areas spanning seven provinces. The remarkable initiative was highlighted during the “Ensuring Safety, Environment, and Society” training course held on 11 May […]
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TP Moral Group Granted Approval to Develop 1,247 Hectares of Land in Kep, Unveiling a New Satellite City
In a groundbreaking move, TP Moral Group has received official approval from the Royal Government to embark on an ambitious venture that entails the development of two satellite cities and sacred tourist sites spanning an expansive area of 1,247 hectares. The highly coveted land parcels are strategically located in Sangkat Kep, Kep City, as well […]
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