Property Focus
Singapore Doubles Property Tax for Foreign Buyers in Effort to Cool Market
In a move to address concerns over the affordability of housing for locals and maintain its position as a competitive financial hub, Singapore has raised taxes on property purchases. The Ministry of Finance, National Development Ministry, and Monetary Authority of Singapore have jointly announced that stamp duties for foreign buyers will increase from 30% to […]
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ISI STEEL LAUNCHES ISI PALM WITH INOK TECHNOLOGY
In an intimate and selective press conference on Friday, April 28th, 2022, ISI STEEL unveiled ISI PALM® with INOK ™ Technology developed by Bluescope, an Australian flat product steel producer with a subsidiary in Vietnam. This collaboration marks the beginning of a momentous cooperation and is a cause for extensive celebration of Cambodian excellence as […]
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GOV’t Repeals New Sub-Decree to Protect Endangered Dolphins
The Cambodian government has repealed a new sub-decree aimed at protecting dolphins in Kratie and Stung Treng provinces, following a series of dolphin deaths that occurred during its implementation from February to April 2023. Instead, the old sub-decree from 2012 will be reinstated, according to Sub-Decree No. 87 issued on 27 April 2023. The decision […]
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Chinese Investors Eyeing Cambodian Agriculture, Plans $400 Million Investment on 300K hectares
Chinese investors are looking to invest $400 million in Cambodia’s agricultural sector, requiring 300,000 hectares of land, according to a recent meeting between a Chinese investment delegation and the governor of Kampong Thom province on 27 April 2023. HE Duong Dara, Samdech Hun Sen’s personal assistant and Secretary of State of the Council of Ministers, […]
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Steung Treng Province Issues Over 30k Land Titles and Registers 110k Ha of Social Land Concession
Steung Treng Provincial Administration has achieved significant progress in the systematic registration of land titles and social land concessions, according to a statement by Steung Treng Provincial Governor HE Svay Sam Eang on April 24. Over the past five years, the province has registered more than 30,000 land titles and over 110,000 hectares of social […]
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The abundance of Borey Peng Huoth community during Khmer New Year
Traditionally, Cambodians consider the Khmer New Year the largest and most important festival. This traditional festival is celebrated before the sowing season, which is a good time for our people to gather family, relatives, and close friends to take food to the pagoda, play folk games, and go for a walk. This year, the Borey […]
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Tbong Khmum Achieves Land Registration Milestone with Over 370k Plots Registered
Tbong Khmum province has achieved a significant milestone in land registration with over 370,000 plots of land systematically registered since Kampong Cham province’s separation in 2014. This was confirmed by HE Dr Cheam Chansophorn, Governor of Tbong Khmum Province, during a press conference on “Success in the past 5 years” of Tbong Khmum Provincial Administration […]
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Urbanland and Sathapana Bank team up to offer exclusive home loan rates to Borey Chankiri clients
Urbanland, an esteemed real estate developer, has entered into a Memorandum of Understanding (MoU) with Sathapana Bank, a renowned commercial bank in Cambodia, to provide exclusive home loan rates for Borey Chankiri homebuyers. This partnership ensures better home purchase options, consultations, and convenient services for all Chankiri customers. Commemorative photo of the Urbanland management team […]
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Preah Sihanouk Drops to Fifth Place in Tourist Destinations During KNY
Preah Sihanouk Province, once a popular tourist destination, has dropped to fifth place during the Khmer New Year, with Siem Reap, Battambang, Kampong Cham, and Phnom Penh surpassing the coastal province. The decline in visitors was due to the province being more popular on weekends and changes in tourist destination trends, according to Ministry spokesman […]
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Gov’t Unveils Eight Measures to Support Construction and Borey Development
The Ministry of Economy and Finance has recently announced eight measures to support the development of the construction and real estate sectors in the Borey industry amidst global economic uncertainty. According to the press release on 12 April 2023, the Economic and Monetary Policy Committee has outlined a package of measures to facilitate the growth […]
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