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ខ្មែរ 
Knowledge and Key Success
The Prospects of Strata-title Office Developments
Strata-title property is where individual units are sold by the end-users or investors. Lately there has been growing interest from yield-driven investors looking for an alternative to investing condominium units by investing in office buildings. In the past, the market has seen almost no strata title office units launched while several thousand new residential condominium units have been made ...
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Land Title Transfer Process
After execution of the sale and purchase agreement entered into between the seller and buyer, the parties sign and thumb-print on the Vente Definitive (official title transfer document) in the presence of a Cadastral officer at the location agreed upon with the Cadastral officer. The seller and buyer then submit any other required documents (such as the below) to the Municipal Department of Land M...
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More Could Be Done to Benefit Developments Along the Riverside
For developers, Phnom Penh’s riverside area is a hotspot with a significant number of new residential and projects. This has proven the popularity of riverfront developments among Cambodian and foreign buyers alike. There has been growing interest in Phnom Penh’s riverside locations, particularly for residential condominium units and shophouses. “Properties along the riverside are good for inve...
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The Different Forms of Rent Applicable to Commercial Leases in Cambodia
The commercial real estate market has growth significantly in recent years with the development of various commercial premises and the introduction or planned introduction of many international brands such as Shangri-La, Rosewood Hotels, Nike, Starbucks, Krispy Kreme, and Carl’s Jr. In this respect, it should be mentioned that there is no specific regulations covering commercial leases in Cambo...
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How to Choose an Office Space
When looking to lease new office space, a company should make sure that it really serves the needs of the company in terms of convenience, financials, utilities provided for clients and staff, and most importantly, their branding and corporate image. Some of the guidelines when choosing a new office such as the traveling time during rush hour by car etc. would determine which building fits the ...
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CCA delegation attends BMAM & GBR Expo Asia 2017
BMAM & GBR Expo Asia 2017, the international exhibition and conference on building maintenance, facilities management, and green building, concluded its 10th edition on a high note on 22 September 2017. Hosted in Bangkok –Thailand, the three-day business show from 20 September to 22 September was organised by IMPACT Exhibition Management Co., Ltd. Thanks to the tangible results this year, I...
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ACF Summit Discusses Asean Standards
The 44th ASEAN Constructors Federation (ACF) Council Meeting met in September to discuss progress toward achieving ASEAN-wide construction standards. The ACF, which represents constructors in the South East Asian region, attended the summit chaired by the Singapore Constructors Association Ltd (SCAL) at the Mandarin Orchard venue, Singapore on 28 September, 2017. The one-day gathering provided ...
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Prime Locations Keep Allure for Investors
Land in prime locations is becoming scarce in Phnom Penh. As a result, developers are turning to other new locations. Boeung Keng Kang 1 and Diamond Island continue to remain the most desirable locations for luxury condominiums, with riverside areas of Chroy Changva emerging as a new high-end site. Location is not the only factor that brings up the price premium. In real estate, a top location ...
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Attracting Investments to Phnom Penh
The ease of doing business is a critical consideration for a company to invest in a country. According to the World Bank, Cambodia is ranked at 131st place in terms of the ease of doing business, compared to 1st and 3rd for Singapore and Hong Kong, respectively. Singapore has been ranked the easiest place to conduct business in Asia as English is the official language. Over the years, governmen...
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43rd IFAWPCA Convention touches on 4th industrial revolution
The 43rd convention of the International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) was hosted in Seoul, South Korea from 30 May to 2 June 2017 on the theme, the 4th Industrial Revolution and the Construction Industry. Attended by some 1,000 building professionals from the IFAWPCA’s 18 Asia-Pacific member countries across the Asia-Pacific region, this 43rd c...
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