English 
ខ្មែរ Property Focus
PM: To Spur Economic Activity, Unused Land with Size More Than 5 Hectares is Subject to Tax
- 13 November 2023
Prime Minister Samdech Hun Manet revealed a groundbreaking tax reform concerning unused land in Cambodia. The prime focus of this reform is to impose taxes on idle lands exceeding 5 hectares, while lands below this threshold will enjoy exemption. The pivotal announcement was made at the 19th "Royal Government-Private Sector" forum on 13 November 2023. PM Samdech Hun Manet emphasised that the un...
Read More
ERA Cambodia Marks 5 Years of Condo Sales Triumph with Visionary Expansion Plans in 2024
- 12 November 2023
In a grand celebration of five years of unprecedented success, ERA Cambodia, a globally acclaimed company specialising in condominium services, hosted its 5th Annual Business Conference at the Hyatt Regency Phnom Penh on 11 November 2023. The event not only commended outstanding agents but also unveiled ambitious plans for future expansion, reflecting the company's strong foothold and remarkable a...
Read More
Cambodia Stock Ready for Trading Online with Investors Open Accounts Projected to Almost Double In 2024
- 10 November 2023
Cambodia's Securities Exchange is experiencing a remarkable surge, with the number of trading accounts growing by an impressive 31% year-on-year. As of the end of Q3 2023, the total reached a substantial 43,974. This significant growth is a testament to the nation's burgeoning interest in the stock market, according to the Cambodia Investment Review update on 26 October 2023. Behind this surg...
Read More
Prime Minister Pushes for Faster Distribution of Land Titles to Citizens
- 9 November 2023
Prime Minister Sandech Hun Manet has urged the Ministry of Land Management, Urban Planning, and Construction to accelerate the distribution of land titles to the people of Cambodia. Currently, only about two million land titles have been distributed, while five million more are yet to be issued. During a recent gathering with garment workers at a Special Economic Zone in Prey Nob district, Siha...
Read More
Thai Political Situation Impacting Real Estate Sector
- 7 November 2023
Real estate experts have expressed concern over the impact on the sector due to political uncertainty stemming from the May general elections which saw the installation of a new Prime Minister Srettha Thavisin, despite the Move Forward party winning the most votes. The real estate sector contributes around 10% of Thailand’s GDP, so any negative impact on the launch of new projects and sales has...
Read More
World Bank Warns Cambodia’s GDP to Plunge 9% by 2050 If Climate Crisis Not Properly Addressed
- 6 November 2023
Cambodia stands at a critical crossroads in its path to development, as an alarming report from the World Bank underscores the looming perils of climate change. The recent Cambodia Country Climate and Development Report (CCDR) released on 16 October 2023, unveils a strategic framework that is paramount in safeguarding the nation's future. It underscores the urgency of reducing vulnerability to cli...
Read More
CBRE Cambodia Sheds Light on the Office of the Future: Where Work, Lifestyle & ESG Converge
- 6 November 2023
CBRE Cambodia, a leading player in the real estate arena, recently orchestrated an exclusive event christened "Unveiling the Office of the 21st Century: Shaping the Future of Work, Lifestyle, and ESG" at ATOM in Phnom Penh on 2 November 2023. This event had an overarching mission—to spotlight the rapidly transforming landscape of contemporary workplaces, with a keen emphasis on the dynamic interpl...
Read More
Deciphering Property Rights: Private vs. State Ownership Explained
- 4 November 2023
In any nation, the right to own and enjoy property is a fundamental cornerstone of society. Understanding the distinction between "Private Property" and "State Property" is pivotal in ensuring the harmony and well-being of a country's citizens. Private Property encompasses both tangible and intangible assets owned by individuals or groups, secured by legally recognized title deeds, and subject ...
Read More
Gov’t to Issue US$180m in Securities to Manage State Securities
- 2 November 2023
The Cambodian government is set to issue an additional US$180 million in securities in 2024. This announcement, disclosed in the summary of the 2024 Finance Management draft law by the Ministry of Economy and Finance, underscores Cambodia's commitment to optimizing its financial resources. The newly issued state securities, amounting to 440 billion riels or US$108 million, will be instrumental ...
Read More
Angkor Wat Rakes in Over US$27 Million from Ticket Sales in 10 Months
- 2 November 2023
In a resounding testament to Cambodia's rich cultural heritage, the first ten months of 2023 have seen the nation amass an impressive revenue of US$27,882,435 through the sale of tickets to the renowned Angkor resort. The entrancing complex has been embraced by 602,570 foreign tourists, underlining the enduring allure of this cultural gem. A report unveiled by the Angkor Institute on 1 November...
Read More