English 
ខ្មែរ 
Knowledge and Key Success
GDT Prepares to Impose New Tax Base for Stamp Duty
The General Department of Taxation (GDT) has been preparing to impose new tax base for stamp duty on property transfer through the launches of a series of seminars, according to a recent press release. The preparation came to impose new tax base came after the Ministry of Economy and Finance (MEF) issued a Prakas on 22 March 2019 regarding the new tax base rate for property transfer ‘stamp duty...
Read More
CBRE: Phnom Penh Retail Supply Hampered in Q1 2019
International real estate agent CBRE Cambodia launched its Phnom Penh property market review report on 09 April 2019 which showed that retail supply was hampered during the first three months of 2019. CBRE highlighted that retail supply was hampered due to the delay of two projects to mid-2019, reducing the supply for the quarter to 19,965 square metres of net leasable area. Meanwhile, rental p...
Read More
Cambodia’s Railway to Become Part of Asean Rail Network
Cambodian people and tourists will be able to travel by rail from Cambodia to Malaysia and Singapore after Cambodia completely connects its western rail track to Thailand in late April. The connection will allow Cambodia’s railway to become a part of the ASEAN region rail network. The Ministry of Public Works and Transportation announced that the connection of Cambodia’s western rail line with Th...
Read More
Government Approves Us$98 Million Development in Tbong Khmum Province
Photo by thewriterpreneur.com The Council for the Development of Cambodia (CDC) approved a development project worth nearly US$100 million in Tbong Khmum province on 12 April 2019, according to a post on its Facebook page. The approval was for the development of Kim Pich Development Co., Ltd., which includes a 5-star hotel with 365 keys, a commercial building, golf club, bungalows, villas, res...
Read More
Feasibility Study on Monorail and Metro in Phnom Penh Under Way
Sample photo by greenvillejournal.com The Ministry of Public Works and Transportation (MPWT) has said that the feasibility study on a monorail and metro in Phnom Penh is being conducted, citing that the study will lead to options for the government in developing the city’s transport sector to ease traffic congestion. Speaking at a meeting on road safety at the Ministry of Interior held on 09...
Read More
Affordable Segment Leads Phnom Penh Condominium Market
With construction investment estimated to have reached US$1.8 billion during the first quarter of 2019, the condominium sector saw an increase in supply of more than 7% q-o-q driven by the affordable segment, according to the first quarterly report from international real estate agent CBRE Cambodia. CBRE Cambodia reported that three condominium projects were completed during the three-month per...
Read More
Underpass Construction Project on National Road Gets Green Light
Sample photo by Phnom Penh Municipality Facebook Page Phnom Penh Municipality has agreed on the construction of underpass proposed by Borey Peng Hout, a real estate developer, along the National Road No.1 of Boeng Chhuk village, Nirouth commune, Chbar Ampov district. Meat Measpheakdey, spokesman at Phnom Penh Municipality, said that the project was given the green light to the proposal by th...
Read More
Four Cement Factories Capable to Produce 7 Million Tons
Sample photo by chipmong.com Four cement factories in Cambodia are capable in producing about 7 million tons per year to respone to the demand of the increasing construction sector in the country, according to Ministry of Mines and Energy. Speaking at the 7th extractive industrial governance forum recently, Mr Peng Navuth, under-secretary of state of Ministry of Mines and Energy, said the in...
Read More
Sen Sok Attracts Most Boreys While Chroy Changva Becomes Most Popular
Among the 12 districts in Phnom Penh, Sen Sok district holds most borey projects while Chroy Changva district is becoming more popular, according to the first quarterly report by international real estate agent CBRE Cambodia issued on 09 April 2019. Among the four sectors studied, the landed property sector is becoming one of the main sectors for the property market with the report finding that...
Read More
Chip Mong Land Inaugurates Road Linking to Three Important Roads in Phnom Penh
Residential development firm Chip Mong Land, a subsidiary of Chip Mong Group opened a new public road on 08 April 2019 linking up to other three important roads in Phnom Penh. Called ‘Neak Oknha Pheakdey Soboros Pho Keak Theb Padey Hun Neang’, this 753-metre long road has been renovated by Chip Mong Land to provide convenience for the people. The new road connects to three important roads, name...
Read More