Property Focus
Ministry of Environment green-lights seven ecotourism investments in Bokor National Park
The government has given the green light to private firms to establish seven ecotourism projects in Monivong Bokor National Park while the Ministry of Environment (MoE) is currently inspecting and demarcating the actual site. HE Neth Pheaktra, Secretary of State of the Ministry of Environment, said on January 17 that these projects are small-scale projects […]
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Koh Kong Authority Confiscates 102ha of Illegally Encroached Land
The Koh Kong Provincial Administration has confiscated 102 hectares of land in Tuol Kokir Kraom village, Tuol Korkir commune, Mondol Seima district from illegal encroachers and converted it back to state private land. According to the decision No. 005/22 dated 14 January 2022, the authority also nullified all titles deeds, or any ownership documents related […]
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Expert: Industrial & Logistics Sectors Most Attractive Market for 2022 Despite Uncertainty
CBRE Cambodia Managing Director James Hodge said that the industrial and logistics sectors will be the most attractive market in 2022 although other real estate sub-sectors and the overall market remain under pressure and uncertainty. Mr Hodge added that due to external factors caused by the pandemic, even though Cambodia has already reopened the country, […]
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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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