Property Focus
Residential Demand Slowly Returns to Sihanoukville
By Eric Wong Chon Lap Sihanoukville has brought some life back, after the Cambodian government decision to lift the ban on flights from other countries, and having to depend solely on the domestic market for almost two years. While there may not be a large number of tourism or business traveler arrivals to the city […]
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Land Ministry: Over 2,300 High-Rise Buildings Constructed Nationwide as of 2021, Indicating Rapid Growth
In 2021, there were 212 buildings with five storeys and up registered in Cambodia, and from 2000 to 2021, there were 2,392 buildings with five storeys up. According to a report by the Ministry of Land Management, Urban Planning and Construction, there are 148 buildings from 5 to 9 floors, 50 buildings from 10 to […]
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Land Ministry Voids 399 Missing Title Deeds in Svay Rieng Province
The Ministry of Land Management, Urban Planning and Construction (MLMUPC) has voided a total of 399 missing title deeds in Prey ToTueng village, Sambuor commune, Svay Teap district, Svay Rieng province. According to announcement No. 002 dated 06 January 2022, the annulment came after the Department of Land Management, Urban Planning, Construction and Cadastral of […]
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What if Chinese Investors Do Not Return to Cambodia? How Will the Real Estate Market Recover?
Real estate and economic experts in Cambodia have expressed concern over the current real estate market in Cambodia, especially in Sihanoukville, which is now calling for a return of Chinese investors. What if they never return? How the real estate market recover? Local economic and financial analyst Ngeth Chou said that this downturn is an […]
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Land Ministry: Borey or Condo Developers Urged to Divide Title Deeds Before Starting Sales
From 2022 onwards, all borey owners and co-owned building developers are urged to split the land title deeds and register the strata-title first before making any sale transactions, according to the press release of the Ministry of Land Management, Urban Planning and Construction (MLMUPC) on 31 December 2021. The new order aims to increase transparency […]
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Anco Group proposes multi-purpose investment project on over 6,000ha of land in Koh Kong
A large-scale local company Anco Import Export Co., Ltd has proposed to invest in building a multi-purpose project on 6,145 hectares in Botum Sakor National Park, Botum Sakor, and Kirisakor district of Koh Kong Province. Koh Kong Deputy Governor Ouk Pheaktra and Under-Secretary of State of the Ministry of Environment HE Sok Kheng Norin led […]
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GDT Extends One-Time Stamp Duty Tax Policy Until 2023
The General Tax Department (GDT) has decided to extend the policy of allowing property owners to pay only a one-time stamp duty tax for any properties with a record of multiple transfers before 2017. The extension will last until 31 December 2023, according to letter No. 22267 dated 31 December 2021 of the General Department […]
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Gov’t to transform Koh Kong into Cambodia’s largest SEZ cluster
The Cambodian government plans to transform Koh Kong into the largest special economic zone (SEZ) cluster in Cambodia in the near future, according to PM Samdech Hun in the opening speech at the NR48 renovation groundbreaking ceremony on 3 January. “In order to boost the national economy, the government has a clear plan to make […]
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Expert unveils types of land with high investment potential
Real estate expert and President of KW Cambodia Dr Kim Heang said that land in Cambodia can be categorized into four major types, but among all, only two of which are having great investment potential at the moment and in the upcoming years. “Those four types include agricultural land, tourism land, commercial & industrial land, […]
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Kampong Cham authority begins listing property prices across province
Authorities start surveying property prices across Kampong Cham to strengthen tax collection Kampong Cham provincial authorities are accelerating works on drafting a list of property prices throughout the province to provide a basis for stamp duty and property tax collection. According to the follow-up meeting on 29 December 29, the main objective of the property […]
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