Knowledge and Key Success
Top 5 Tallest Wooden Buildings in the World
When talking about skyscrapers, who could imagine them to be built from wood? However, there are some skyscrapers made from timber. Here is the list of tallest timber buildings in the world arranged by Construction Review Online. 1) Voll Arkitekter’s Mjøstårne, Brumunddal, Norway The 85 metre-high tower claimed the title of the tallest timber building […]
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Understanding Each Owner’s Rights on Undivided Property
When buying a plot of land or a house together with friends or multiple shareholders, each co-owner has a right to that property based on the number of shares. However, the rights are limited under uncertain conditions, especially when it comes to selling the property or selling your shares. According to the 2001 Land Law […]
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Where Should You Buy Your Next Home? Why South Phnom Penh is Gaining in Popularity
When purchasing real estate, timing and location form the two core pillars of any successful investment strategy. If you make the investment at the right time and in the right place, the results can be lucrative, satisfying, and boost your lifestyle. Thus, it’s important to really study the trends and make the right choices. Now […]
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How Can Foreigners Buy Land in Cambodia?
The 1993 Cambodian Constitution states that only persons or legal entities of Khmer nationality have the right to own land. However, this law does not prohibit foreigners from investing in land in Cambodia. So, how can foreigners buy land in Cambodia? 1) Through Khmer National Nominee This method allows a foreigner to buy land by […]
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Land Price Index by District in Phnom Penh
Research by Z1 Data Co., LTD (Cambodia) has shown that the outlying districts of Phnom Penh are attracting more and more investment projects in sectors including residential, commercial, and industrial. This momentum is also seeing positive trends in the land price index in those areas as a result The report has summarized land prices in […]
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Similarities and Differences Between Pledges and Hypothecs
According to Articles 816 and 843 of the Civil Code, a pledge is different from a hypothec. For pledge transactions, the creditor has the right to possess and use the pledged property. However, in the case of hypothec transactions, the creditor has no right to possess the collateral, which means debtors can still can use […]
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Welcoming Vaccinated Tourists by Year’s End Will Also Boost Real Estate Sector, says Expert
Real estate expert and President of KW Cambodia Dr Kim Heang has expressed optimism that the real estate sector will also gain momentum if the government decides to allow vaccinated international tourists to enter Siem Reap by Q4 this year. Dr Kim Heang said that this is a smart move by the government, like many […]
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Oversupply, Liquidity Reduction, and Construction Delays Pose Greatest Threats to Real Estate Market in 2021
Among other projected risks, oversupply, reduction of liquidity, and construction delays have been the top three concerns that pose greatest threats to the real estate market in 2021, according to CBRE Cambodia’s recent survey. The survey also listed out other risks such as the threat of international sanctions, lack of infrastructure capacity, domestic regulatory change, […]
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Borey Market Sees 15% Price Reduction in Past Six Months After Staying Robust for Over a Year
The average quoting sales prices of borey units, or landed property, has seen a 13% to 19% price reduction across the different housing formats during the past six months between Q4 2020 to the end of Q1 2020, according to CBRE Cambodia’s recent Market Overview report. This change is considered the most significant observation by […]
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Lennar Named #1 Homebuilder Worldwide on FORTUNE Magazine’s 2021 List of ‘World’s Most Admired Companies’
Lennar Corporation, the leading homebuilder in the United States has been named #1 Most Admired Homebuilder on FORTUNE Magazine’s 2021 List of World’s Most Admired Companies. “This recognition is a testament to the extraordinary efforts and dedication of all Lennar Associates in delivering exceptional quality homes while providing an excellent customer experience,” said Stuart Miller, […]
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