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Let’s Find Out! EP50: What types of construction require a fire prevention and extinguishing system?
According to the Fire Department, there were 429 fire incidents in Cambodia in the first six months of 2020, an increase of 78 cases compared to the same period in 2018. In response, the government has thus far enforced a number of laws and regulations to control, prevent and address this issue, especially for risky buildings.
Read MoreConstruction & Property Weekly Video News (24 October 2020)
This week content (24 October 2020): #1. Ring Road 4 195km Long Passing Through Four Provinces [Click] #2. MPWT to Seek More Funds to Repair Over 400 km of Flood-Damaged Roads [Click] #3. New Phnom Penh Airport Site Untouched by Floods, Demonstrating Good Landscaping Design [Click] #4. Siem Reap to Put Optic Cable Underground While Renovating the 38 Roads [Click] #5. Construction of NR2 and NR22 16% Complete [Click]
Read MoreLet’s Find Out! EP49: Real Estate Market Update in Q3
The Phnom Penh Real Estate Market in Q3 of 2020 remains under pressure from the COVID-19 pandemic. However, compared to other neighbouring countries, the Cambodian market shows the most significant recovery steps. What is the overview of the real estate market in the third quarter?
Read MoreConstruction & Property Weekly Video News (17 October 2020)
This week content (17 October 2020): #1. Half of Government’s Public Investment Allocate to Infrastructure Sector [Click] #2. Ground Broken on US$290 million Aeon Mall 3 [Click] #3. PM Hun Sen to Break Ground on Koh Norea Bridge Project on 26 October [Click] #4. US$85 million Entertainment Centre in Kandal Prince Manor Officially Opens [Click] #5. Five Khmer Students to Launch the First Cambodian Satellite to Space Next Year [Click] Subscribe to the Construction & Property TV Channel for more up-to-date construction and property news.
Read MoreLet’s Find Out! EP48: To What Extent Can Foreigners Acquire Ownership of Co-owned Property?
To facilitate the business environment and foreign investment in Cambodia, especially in the construction and real estate sectors, the Cambodian government has established a law regarding foreign ownership of co-owned buildings. To what extent can foreigners acquire ownership of co-owned buildings?
Read MoreConstruction & Property Weekly Video News (10 October 2020)
This week content (10 October 2020): #1. Ring Road 4 Feasibility Study Completed [Click] #2. South Korea Provides US$50-million Loan to Build Forensic Centre in Cambodia [Click] #3. Gov’t Allocates 8 hectares of Beoung Ta Mok Land to the Ministry of Justice [Click] #4. Impact Resettlement in Progress for the 80-MW Pursat River Hydropower Dam [Click] #5. Chom Chao Flyover and Underpass Construction 55% Complete [Click]
Read MoreLet’s Find Out! EP 47: Does renovating an existing property require a permit?
Before starting any construction project, the project owner must first apply for a construction permit from different authorities depending on the type and size of the project. But what about renovating or reconstructing an existing building? Is the owner required to file a request for a permit?
Read MoreConstruction & Property Weekly Video News (03 October 2020)
This week content (03 October 2020): #1. Cambodia Constructors Association Urges Government to Cut Construction Permit Red Tape [Click] #2. ADB Revises 2020 Cambodia Growth Forecast Upward, Construction Sector Still at Risk [Click] #3. US-China Fight over Union Development Group Could Harm Cambodia’s FDI and Real Estate Market [Click] #4. Government Extends Property Tax Payment Deadline to October 31 [Click] #5. 30-megawatt Solar Power Plant in Pursat Goes Online [Click]
Read MoreLet’s Find Out! EP 46: The Process of Title Conveyance for Land with Soft and Hard Title
Transferring ownership is the basic yet necessary procedure after purchasing or selling any real estate. How to legally perform title transfer? What are the essential steps? What are the similarities and differences between soft title and hard title when transferring?
Read MoreConstruction & Property Weekly Video News (26 September 2020)
This week content (26 September 2020): #1. HLH Group Acquiring 1.2-Hectare Plot in Toul Kork for New Mixed-Use Development [Click] #2. Construction of Kampot International Tourism Seaport Delayed [Click] #3. Kampot Studying Centralized Administrative Area and New Stadium Project [Click] #4. Singapore Mulls Investing in Phnom Penh SuperPort [Click] #5. Thailand Transforming 72 Prisons Nationwide into Tourist Destinations [Click]
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