English 
ខ្មែរ Property Focus
NagaWorld Continues to Thrive, Reporting a Revenue of US$117 Million in Q1 2023
- 5 April 2023
NagaWorld, Cambodia's leading gaming company, reported a revenue of over US$117 million in the first quarter of 2023, a significant increase of 6.8% from last year. This impressive financial result is the highest quarterly profit since 2020, when the Covid-19 pandemic began. According to a quarterly report by NagaCorp, the Hong Kong-based parent company of NagaWorld, the company attributes its ...
Read More
Angkor Wat’s Q1 2023 Ticket Sales Surpass US$11M
- 3 April 2023
The Angkor Archaeological Park has seen a surge in foreign visitors, with over 236,000 recorded in the first three months of 2023, according to a news release by state-owned Angkor Enterprise on 1 April 2023. The park has generated over US$11.13 million in ticket sales revenue for the same period, marking a remarkable 1,265% increase compared to the first quarter of last year. Angkor Enterprise...
Read More
Loose Regulations Blamed for Recent Residential Construction Suspensions
- 1 April 2023
The recent suspension of several Borey residential projects in Phnom Penh due to financial and contract issues has raised concerns about the loose regulations governing the real estate market in Cambodia. As a result, buyers have gathered on the public street, protesting for justice. While some have expressed fears that the suspensions may spread and affect the entire local market, experts beli...
Read More
Fairfield Bay Marriott Phnom Penh Officially Launches: The Ultimate in Luxury Hospitality
- 31 March 2023
The Fairfield Bay Marriott Phnom Penh, a four-star luxury hotel, was officially launched on 31 March 2023, at the 45-storey Chip Mong Tower. The inauguration was presided over by HE Dr. HUN Manet and Lok Chumteav Dr Pich Chan Mony, and attended by more than 700 distinguished guests. The opening ceremony was graced by the Chairman of the Board of Directors of Chip Mong, Duke Leang Khun, who expr...
Read More
Up to 150K land titles in Siam Reap issued to date
- 31 March 2023
In the last five-year period from 2018 to early 2023, more than 48 476 plots of land were systematically registered for the people in 6 different districts of Siam Reap province, and since the implementation started in 2004, the provincial authorities have registered 150k titles. Addressing at a March 30 press conference on the province’s achievements in the past five years, provincial governor...
Read More
Royal Hong Lai Huot One Company Limited Launches the Royal Group Platinum Condo
- 30 March 2023
Advertorial On 26th March 2023, Royal Hong Lai Huot One Company Limited announced the groundbreaking ceremony for the Royal Group Platinum Condo, a detached aerial villa built to Singaporean standards and management. With 851 residential units and 51 commercial units spread across 100,000 square meters, the Royal Platinum Condominium offers affordable residential and commercial buildings to enh...
Read More
Over 97% of 7M Land Title Registration Complete as PM urges to Complete100% by 2023
- 30 March 2023
The land registration process in Cambodia is almost complete, with over 97 percent of the total 7 million land titles registered nationwide, according to a statement from HE Chea Sophara, Deputy Prime Minister and Minister of the Ministry of Land Management, Urban Planning, and Construction. This achievement provides long-term security for Cambodian landowners and investor confidence. During a ...
Read More
How Cambodian Migrants’ US$2.7B Contribute to Real Estate Investment and Economic Growth
- 29 March 2023
More than 1.3 million Cambodians living and working overseas contribute to their home country's economic growth by remitting approximately US$2.7 billion annually to their families. The remittances, which are often invested in the real estate sector and saved for future business opportunities, support the well-being of working families. According to a report from the Ministry of Labour released...
Read More
Banteay Meanchey Received Almost US$1.5M Daily from Customs Revenues
- 28 March 2023
Banteay Meanchey province has earned almost US$1.5 million in customs revenue daily, making it one of the most successful provinces in Cambodia in this regard. This was announced by HE Um Reatrey, Governor of Banteay Meanchey province, during a press conference held on 28 March 2023. “Based on the data of the customs branch reported, in some months, Banteay Meanchey ranks first in the country i...
Read More
Preah Vihear Registers Over 25k Plots of Land in Past Five Years
- 24 March 2023
Preah Vihear province has registered more than 25,000 plots of land in the past five years, according to the provincial administration. Preah Vihear Governor, HE Kim Rithy, stated at a press conference on March 23, 2023, that the local government's registration of land in the province has been a priority. Governor Kim Rithy noted that separate and supplementary land registrations and registered...
Read More