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ខ្មែរ Property Focus
Telecom Regulator Issues Deadline for Borey Owners to Dismantle Signal Boosters Equipment by December 10
- 29 November 2023
The Telecommunications Regulator of Cambodia has issued a crucial deadline for all Borey development project owners in Phnom Penh to dismantle any service-increasing or internet expansion equipment within their developments before December 10, 2023, according to Letter No. 10079 ន.ទ.គ dated 16 November 2023. Preceding this deadline, a notice was issued to all Borey owners, urging them to volunt...
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Seoul’s Thriving Office Market Boasts Over 98% Occupancy Amidst Dwindling Demand Elsewhere
- 28 November 2023
In a world where office spaces face a downturn, Seoul's office market stands as a beacon of success, boasting an impressive occupancy rate of over 98% for grade-A offices, coupled with a remarkable 15% surge in rents compared to the previous year. This is according to a Bloomberg study published on 15 November 2023. The frenzy for office space is vividly demonstrated by competitive tenders, su...
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WB Warns: Limited transportation and logistics and unreliable power supply slowed Cambodia’s economic recovery
- 24 November 2023
The World Bank warns that Cambodia's economic growth may be further affected by weak global demand or rising food prices for the future as domestic issues face rising household debt and domestic credit. Real estate remains a risk, according to WB's press release on 22 November 2023. External Challenges: A Global Tapestry Impacting Local Prosperity: The World Bank underscores the influence of ex...
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Borey Peng Huoth’s lucky lantern more profit than ever!
- 22 November 2023
To celebrate the upcoming Water Festival, Moon Worship and Ok Ambok, Borey Peng Huot offers a lucrative opportunity for customers to achieve their dream home with the big lucky lantern promotion, including: * Lantern 1: Get 1% discount immediately for all types of houses * Lantern 2: Customers will receive an iPhone15 Pro or iPhone15 Pro Max immediately for all types of house bookings. * ...
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Japan to Propose New Legislation to Unlock Loans for Businesses Based on Growth Potential Without Property Collateral
- 20 November 2023
The Japanese government is set to introduce groundbreaking legislation aimed at enabling emerging startups and small to midsize enterprises (SMEs) to secure loans based on their growth potential, rather than traditional collateral like real estate, according to The Japan News published on 16 October 2023. This strategic move is part of a comprehensive economic stimulus package scheduled for fin...
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Gov’t Unveils Stimulus: Stamp Duty Tax Exemption on Real Estate Under US$70,000 until 2024 Year-End
- 15 November 2023
Prime Minister Samdech Hun Manet announced during the 19th "Government-Private Sector" forum on 13 November 2023, that the government is extending the stamp duty tax exemption for real estate valued under US$70,000 until the close of 2024 to foster homeownership and stimulate the real estate market. PM Hun Manet stated, "We will continue the stamp duty tax exemption on the transfer of the right...
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Gov’t Initiates Two Measures in Siem Reap to Propel Tourism Growth in 2024
- 15 November 2023
In a groundbreaking move to fortify the tourism sector, Prime Minister Hun Manet unveiled pivotal measures at the 19th "Royal Government-Private Sector" forum on 13 November 2023, geared towards propelling Siem Reap's tourism to unprecedented heights in 2024. PM Hun Manet's visionary announcement included a comprehensive study on transforming Phnom Kulen in Siem Reap into a natural tourism have...
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PM Unlocks Opportunities: Foreigners Granted 50-Year Leasing Rights for Real Estate in Cambodia
- 14 November 2023
In a significant announcement at the 19th "Royal Government-Private Sector" forum on 13 November, PM Samdech Hun Manet unveiled a groundbreaking initiative granting foreigners the legal right to long-term leases for real estate in Cambodia, extending up to an impressive 50 years. This landmark decision comes at a time when foreign ownership of land remains restricted in the country. During the ...
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“Shophouse Magic” business house makes your business dream come true
- 14 November 2023
The shophouse is a home that is gaining the satisfaction and desire of customers because this type of home can do business as well as stay and is in a potential area. We would like to introduce a kind of shophouse, Borey Peng Huot's Majestic Shophouse, which is elegantly designed in a new European style, specially built with a focus on aesthetic quality to be suitable for doing business or open...
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Urbanland Breaks New Ground with Chankiri 2 – Another New Borey Concept Designed for Better Living
- 13 November 2023
Urbanland is pleased to share the news of the groundbreaking ceremony held on Thursday, 09 October, for the highly anticipated project, Borey Chankiri 2. This incredible event signifies the official start of its construction, marking the beginning of the development and commitment to providing an exceptional quality of life right next to Steung Prek Thnoat. The Founder and CEO of Urbanland, Mr....
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