Property Focus
S.Korean Booyoung Group Donates 200 Buses for Phnom Penh Public Transport
The South Korean BOOYOUNG GROUP has donated a total of 200 public buses to Phnom Penh Capital Hall to improve the city's public transport. The official handover ceremony was held on 28 February under the presidency of Phnom Penh Governor HE Khuong Sreng, Ambassador of the Republic of Korea in Cambodia HE Park Jung Wook, and Chairman of the Board of Directors of Bouyong Group Dr Lee Joong Keun. ...
Read MoreADB advises Cambodia to improve property tax collection
The Asian Development Bank (ADB) has held a workshop to share knowledge and expertise on property tax management as the collection of this type of tax in Cambodia is still limited. Held on 23-24 February, the workshop aims to help strengthen property tax collection and boost revenue at the sub-national level. The workshop shared the results of a detailed appraisal study with policies and rec...
Read MoreThailand Expects US$3bn Foreign Investment This Year
A minimum of 100 billion baht is expected to flow into Thailand through foreign investment, supported by several factors. “The active foreign investment is supported by the country being fully open in terms of both tourism and investment, as well as anticipated expansion of production bases in Thailand by international firms, particularly in industries with growth potential such as electric veh...
Read MoreTwo Cambodia’s Ecotourism Communities Receive ASEAN Standard Award 2023
Two ecotourism communities in Cambodia, Samros Koh Han ecotourism community in Stung Treng province and the Prey Thom Anlong Thom ecotourism community in Siem Reap province, have received the ASEAN Ecotourism Standard Award. The award-giving ceremony was held at the ASEAN Tourism Forum 2023 in Yukata, Indonesia on 5 February, according to the Ministry of Tourism. Koh Han Ecotourism Community...
Read MoreThe 8th PropertyGuru Cambodia Property Awards seek the Gold Standard of real estate amid recovering domestic market
LOCAL PROPERTY SEEKERS IN CAMBODIA POWER THE DEMAND FOR SPACIOUS HOMES PHNOM PENH, Cambodia — PropertyGuru Group (NYSE: PGRU), Southeast Asia’s leading property technology company, today launched the 2023 edition of the PropertyGuru Cambodia Property Awards, beginning the search anew for the kingdom’s finest property developers, design practices, and projects: the Gold Standard of real estate. ...
Read MoreKoh Kong authorities issue over 140k land titles in past 5 years
Koh Kong authorities have systematically registered a total of 140,451 land titles in the past five years, according to the press conference on 21 February. Meanwhile, the provincial authorities have registered 267 individual land titles and 27 state land titles. Recently, over 150,000ha of land in Koh Kong was reclassified to state-reserved land. (Read more)
Read MoreGov’t reclassifies 150,000ha of land in Koh Kong to be reserved state land
The government has taken over 150,000 hectares of land from eight natural protected areas and from the Ministry of Agriculture in Koh Kong province and converted it to state land owned by the provincial administration. as 50,000 ha has been given to people in the province. Koh Kong Deputy Governor Sok Soth said on 21 February that the Government sub-decree set aside 126,000 ha of land from ...
Read MoreGov’t establishes 30 new villages in Kampong Cham province
The Ministry of Interior has established 30 new villages in Kampong Cham province, according to the announcement signed by Minister of Interior Samdech Sar Kheng on 9 January. In Kampong Cham city, there will be two new villages Boeung Kok III village and Village 6 "A"។ Koh Sotin district will have one new village which is Phum 15 village. Kang Meas district will have eight new villages i...
Read MoreCan you own land in natural protected areas?
Natural Protected Areas refer to areas of public property territory of the government such as land, water, beaches and seas within areas controlled by the provisions of the law or newly created areas within the jurisdiction of the Ministry of Environment. The natural protected area has been divided into 8 types: 1. National Park, 2. Wildlife Sanctuary, 3. Landscape protected area, 4. Multiple u...
Read MoreGov’t Declares Svay Rieng as 8th Mine-Free Province
The Cambodian government has declared Svay Rieng as the eighth mine-free province, according to the Cambodian Mine Action Centre (CMAC)'s announcement on 20 February. Under the support of the Samdech Techo Project for Mine Action in Svay Rieng province, CMAC cleared all mines in the project with a total area of 12 square kilometres, equivalent to 139 minefields. CMAC found and destroyed 1...
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