Property Focus
Types of Legal Property Ownership Documents in Cambodia
The legitimacy of real estate possession in Cambodia is determined by titles, certificates or other documents issued by competent authorities. The following are the 14 types of legal real estate ownership documents in Cambodia: 1. Title of Possessory of Right Over Immovable Property (White title or Sporadic title) This kind of title was issued through […]
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GDT Officially Postpones Capital Gains Tax Collection to 2024
The General Department of Taxation (GDT) has issued an official statement announcing the postpone of capital gains tax collection for another two years after receiving approval from PM Samdech Hun Sen earlier this year. The implementation of the capital gains tax will start on 1 January 2024, instead of 2022 to help boost economic growth […]
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Special team established to prevent & crackdown on illegal land encroachment in Koh Kong
The Koh Kong Provincial Administration has established a special working group tasked to prevent and crack down on illegal encroachment in eight protected areas of 126,928 hectares and 23,092 hectares of forest cover area in the province. According to the directive dated 4 March, the working group is created to increase the effectiveness of law […]
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First Steel Production Plant in Banteay Meanchey Officially Operational
The first steel production and processing factory in Banteay Meanchey province was officially launched on 8 March in the presence of Banteay Meanchey Governor HE Um Reatrey. The factory is located on NR59, Khla Ngap village, Toul Pong commune, Malai district, and will supply steel to the construction sector in Banteay Meanchey and neighboring provinces. […]
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Local Firm Uses AI-Driven Research & Analysis to Modernise Cambodia’s Real Estate Sector
A local firm Z1 Data Co., Ltd has unveiled a product using AI-driven research and data analysis to modernise and boost the real estate market in Cambodia. The firm last week also appointed Arshad Khan – an entrepreneur, and expert at Data Science, Artificial Intelligence, and Machine Learning from the United States, as its chairman. […]
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GDT to Launch New Real Estate ID Management System: No Tax, No Title Transfer
The General Department of Taxation (GDT) will soon launch a new real estate ID management system for boreys and housing developers to register and pay real estate tax. The remark was made by HE Kong Vibol, Director General of the General Department of Taxation, in a seminar on annual income tax obligations held on March […]
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Mondulkiri Authorities Issue New Orders to Crackdown on Illegal Divided Land Plot Businesses
Mondulkiri provincial authorities have warned of severe fines and legal action against any unlicensed divided land plot businesses (Dey Lo), while they currently crack down on these businesses at their locations. The warning came after provincial authorities have found many businesses operating illegally without permits. In some cases, the developers refuse to transfer land ownership […]
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Apsara Authority Strengthens Land & Construction Regulations in Angkor Park
The APSARA Authority recently hosted a training course to promote and strengthen the law and regulations enforcement regarding land and construction management in the Angkor archaeological park zone. Joined by over 100 officials and students, the training educated the participants on the construction evaluation and provided an in-depth understanding of the law enforcement on construction […]
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Borey Golden Park marks first anniversary with 15% discount & easy payment
To celebrate the first anniversary of the launch of The Natural project, Borey Golden Park is offering a discount of up to 15% with easy payment terms of up to 20%, no deposit, and no interest for 30 months. The Golden Park’s Natural Project is a green community-based housing development that is […]
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PM Orders Relevant Ministries for Request Permission Before Using Expropriation Law
Prime Minister Hun Sen has ordered the relevant authorities and ministries to ask for permission or approval before deciding to implement the Law on Expropriation, whereby the government can claim private land for public infrastructure development. PM Hun Sen made the order on 2 March during the inauguration ceremony of NR3. “The Law on Expropriation […]
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