Industries

Real estate

Impact of Coronavirus on real estate

Property watchers have long noticed that weekends, at this time of the year, are a prime times for people seeking to buy or rent homes, but this year it’s different. ...

Yeshi Dema
https://www.khmertimeskh.com/50714661/impact-of-coronavirus-on-real-estate/

No sign of slowing sales of borey projects despite Coronavirus

Sale prices of Phnom Penh landed property (borey) units showed no sign of slowing down in the past six months. Driven by strong local demand, the average quoted prices accelerated across all unit types, according to the first quarter report from CBRE, a commercial real ...

Sok Chan
https://www.khmertimeskh.com/50710679/no-sign-of-slowing-sales-of-borey-projects-despite-coronavirus/

Pandemic brings real estate activity to near nil

The value of Cambodian real estate has not shown signs of decline in recent weeks, despite the Covid-19 pandemic bringing market activity to a virtual standstill, industry insiders said on Wednesday. ...

Hin Pisei
https://www.phnompenhpost.com/post-property/pandemic-brings-real-estate-activity-near-nil

Price-hike warning issued to house buyers

Property and land prices are set to rise in Lvea Aem district’s Kandal province following the  government’s announcement of their future plan to partially integrate the area into a new district within Phnom Penh. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50697728/price-hike-warning-issued-to-house-buyers

No more stamp duty on homes sold under $70k

The government has decided to exempt the 4 percent stamp tax on all residential properties valued less than $70,000 until January to contribute to sustaining the country’s economic growth. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50695071/no-more-stamp-duty-on-homes-sold-under-70k

Sihanoukville rents plummet as land prices stay stagnant

Sihanoukville, a once-sleepy seaside city in the Kingdom’s coastal province that has now become a ballooning enclave for Chinese-run construction and real estate, is now seeing house rental prices plummeting and land values stagnating. ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50687804/sihanoukville-rents-plummet-as-land-prices-stay-stagnant

Masterplan for Preah Sihanouk province

Preah Sihanouk province will soon become a multi-purpose special economic zone and potentially the industrial hub of Cambodia, according to a senior official from the Ministry of Economy and Finance. ...

Sok Chan
https://www.khmertimeskh.com/50688097/masterplan-for-preah-sihanouk-province

Council approves Aeon 3 project

Japan’s Aeon Mall Co is to spend more than $200 million building its third shopping mall in Phnom Penh as the firm eyes the Kingdom’s burgeoning middle-class. Construction on Aeon Mall 3 in the capital’s Meanchey district is to begin early next year as a result ...

May Kunmakara
https://www.phnompenhpost.com/business/council-approves-aeon-3-project

Government wants developers to build more affordable homes

The government is urging more affordable housing development projects for lower and middle income people and the vulnerable because of rising demand from these groups. ...

Sok Chan
https://www.khmertimeskh.com/50673780/government-wants-developers-to-build-more-affordable-homes

Chip Mong commences Park Land 50M project

Chip Mong Land, one of the Kingdom’s leading construction developers, has launched the “Park Land 50M” residential project. The project broke ground on Thursday in Dangkor district’s Prey Sar commune along the capital’s second ring road, which – hence the name – is 50m wide. ...

Thou Vireak
https://www.phnompenhpost.com/business/chip-mong-commences-park-land-50m-project

Half a million landed homes by 2030: VTrust

The document, titled Phnom Penh 2030, showed that landed homes will increase threefold over the next 13 years. The valuation company claims the total currently stands at 150,000 but will hit 450,000 by 2030. VTrust’s report anticipates an average of 25,000 new landed units to hit ...

Thmey Thmey Staff
https://cambodianess.com/article/half-a-million-landed-homes-by-2030-vtrust

Capital’s apartments set to triple by 2030

Phnom Penh’s Chamkarmon and Tuol Kork districts will continue to see investment in apartments, while Sen Sok will become a new target market, as the number of apartments in Phnom Penh is set to almost triple by 2030. According to a report issued on Tuesday by ...

Hin Pisei
https://www.phnompenhpost.com/post-property/capitals-apartments-set-triple-2030

Property sector strong despite election: CBRE

Growth in the local property sector remained robust in the second quarter of 2018, with the condominium, office and industrial sectors all contributing significantly to its expansion, according to CBRE’s latest report.​​ However, uncertainty regarding the upcoming general election has chipped away at investors’ confidence ...

Sum Manet
https://www.khmertimeskh.com/50514823/property-sector-strong-despite-election-cbre/

Sihanoukville to welcome new Marriott hotel

Local real-estate firm Grand Lion Group reached a deal with US-based Marriott group to manage and operate a new five-star hotel in the coastal city of Sihanoukville. ...

May Kunmakara
http://www.khmertimeskh.com/50113798/sihanoukville-to-welcome-new-marriott-hotel/

Ministry rebuts reports of Chinese money laundering through property market

The spokesman for the Ministry of Foreign Affairs hit back at news reports about Chinese investors laundering their money through Cambodia’s real estate market on Monday, calling them “baseless”. ...

Ben Sokhean
http://www.phnompenhpost.com/national/ministry-rebuts-reports-chinese-money-laundering-through-property-market

Preah Sihanouk land brokers given warning

Preah Sihanouk’s provincial governor on Wednesday warned that legal action would be taken against any brokers trying to grab land in the Kbal Chhay area, where it is prohibited to build property or sell land plots. The warning came after provincial authorities discovered that in recent ...

Pech Sotheary
http://www.khmertimeskh.com/50103182/preah-sihanouk-land-brokers-given-warning/

Construction project approvals up, but locals aren't reaping the rewards

The government announced a more than 20 percent increase in approved construction projects last year over the year before, but not all the benefits of the booming industry are being passed on to Cambodian workers and property buyers, according to industry insiders. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/construction-project-approvals-locals-arent-reaping-rewards

New shophouse project in a good location

The Ly Yong Phat (LYP) Group announced it will invest millions of dollars to develop The Premier Land project to meet the demand for shophouses, thanks to the potential the location has for the development. ...

Sum Manet
http://www.khmertimeskh.com/50102543/new-shophouse-project-in-a-good-location/

Tourism pushing up land prices in Siem Reap

Land prices in Siem Reap town increased slightly last year compared with the previous year, thanks to the growing strength of the tourism industry, according to insiders. The provincial capital saw prices rise about five percent in residential areas in 2017 and about 10 percent ...

Sum Manet
http://www.khmertimeskh.com/50102545/tourism-pushing-up/

Cambodia finds new target for real estate: Chinese investors

Across this traditionally low-rise Cambodian capital, a building boom is becoming more noticeable as it pushes higher into the sky, and its largest projects are often geared towards Chinese investors, who have only recently taken interest in the nation’s real estate market.​ ...

Chris Horton
https://www.nytimes.com/2018/01/09/business/cambodia-real-estate.html

Contact us

Contact us

Do you have questions on the content published by Open Development Cambodia (ODC)? We will gladly help you.

Have you found a technical problem or issue on the Open Development Cambodia (ODC) website?

Tell us how we're doing.

Do you have resources that could help expand the Open Development Cambodia (ODC) website? We will review any map data, laws, articles, and documents that we do not yet have and see if we can implement them into our site. Please make sure the resources are in the public domain or fall under a Creative Commons license.

File was deleted
ERROR!

Disclaimer: Open Development Cambodia (ODC) will thoroughly review all submitted resources for integrity and relevancy before the resources are hosted. All hosted resources will be in the public domain, or licensed under Creative Commons. We thank you for your support.

624xT
* The idea box couldn't be blank! Something's gone wrong, Please Resubmit the form! Please add the code correctly​ first.

Thank you for taking the time to get in contact!