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ខ្មែរ Property Focus
The Gov’t orders to move all illegal structures on the Tasal Dam, Kampong Speu Province immediately!
- 22 July 2023
In a bid to ensure the preservation of the Tasal Dam Reservoir in Tasal Commune, Oral District, Kampong Speu Province, the Department of Water Resources and Meteorology of Kampong Speu Province has issued a firm directive to address the pressing issue of illegal structures encroaching upon the dam's surface. In an official announcement dated July 18, 2023, the department sternly informed the owner...
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The Gov’t allocated 6,234 hectares of land in Botum Sakor National Park for private investment
- 22 July 2023
The Cambodian Government has greenlit the allocation of a substantial 6,234-hectare area within the pristine Botum Sakor National Park, situated in Botum Sakor District, Koh Kong Province. The designated land is set to be leased to Koh Kong Rubber Plantation for private investment, marking a strategic move aimed at bolstering economic growth. According to the official Sub-Decree No. 27, dated Janu...
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Realestate.com.kh Home & Lifestyle: Cambodia’s Biggest Property EXPO
- 21 July 2023
Realestate.com.kh is bringing back its massively popular Home & Lifestyle EXPO 2023. The event which is just one month away will be happening on the weekend of August 12 & 13, at Koh Pich Exhibition Center. The Home & Lifestyle EXPO is part of Realestate.com.kh's annual events, offering attendees the opportunity to secure the best deals within the Cambodian market and also have the ...
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TR and CCC Join Forces to Propel Trust Sector Advancement in Cambodia
- 21 July 2023
In a momentous step towards enhancing the trust sector in Cambodia, the Trust Regulator (TR) and the Cambodian Chamber of Commerce (CCC) have inked a significant Memorandum of Understanding (MoU) focused on "Cooperation on Raising Public Awareness and Promoting Participation in the Public Sector in Cambodia." The official signing ceremony of this pivotal MoU took place on July 18, 2023, with Du...
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Elevate Your Living and Business in the Heart of Phnom Penh with UC88 Project in BKK1
- 20 July 2023
Unveiling an exceptional residential and commercial space blend, UC88 stands tall as a mixed-use development project in the vibrant Boeung Keng Keng I area. Located along Street 322 near Monivong Blvd, this impressive 45-storey building offers an alluring proposition, providing both contemporary condos and versatile strata-offices, catering to the modern lifestyle needs of residents and businesses...
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All real estate disputes can complain to the Real Estate Business and Pawnshop Regulator
- 20 July 2023
Upholding the principles of transparency and accountability in the real estate development sector, the Real Estate Business & Pawnshop Regulator opens its doors to all citizens facing disputes related to real estate dealings. In a press release dated July 15, 2023, the regulator has been designated as the sole authority responsible for managing and overseeing all aspects of the real estate dev...
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Mid-2023 Update: Cambodia’s Retail Sector Saw A Slight Decline, But New Strategy Emerged
- 19 July 2023
Amidst a changing retail landscape, the first half of 2023 showcased a slowdown in new retail completions, following a wave of launches and developments in 2022. As of mid-year, over 39,000 sqm of new retail space was added, representing a 6% increase in total supply over the span of 6 months. However, the retail sector is poised for further expansion, with approximately 83,000 sqm of upcoming pro...
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General Department of Taxation Achieves Remarkable Revenue Collection of US$2 Billion in H1 2023
- 19 July 2023
Cambodia's tax revenue collection for the first half of 2023 has reached an impressive US$2,072 million. Despite a year-on-year decrease of 19 percent, this achievement reflects the department's commitment to meeting financial targets and supporting the nation's development, according to the latest report from the General Department of Taxation. The report highlights that the six-month tax reve...
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Office Sector Update: Increasing Supply Puts Pressure on Rents and Occupancy in Mid-2023
- 18 July 2023
In the first six months of 2023, the supply of new office buildings in the Cambodian real estate market will increase by about 39% over existing offices. From the middle of the year to the end of this year, with an anticipated addition of 215,000 square meters of office space this year, the total office supply is set to surpass 1 million square meters, marking a significant 24% growth. The incr...
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Fantastic! Deposit only 5%, and get a dream house immediately in Borey Peng Huoth
- 17 July 2023
Are you looking for a business house that you can buy and move in immediately, but are worried about not having enough money? Now you no longer have to worry, on this special occasion, Borey Peng Huoth offers a more interesting payment policy this July. Low-interest rate, which makes it impossible for you to buy your dream home, is now no longer a problem because Borey Peng Huoth offers a more ...
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