Real estate

Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has not shown any notable positive signs, according to industry experts. ...

Several residential housing projects in Phnom Penh and Siem Reap have been under fire from government authorities recently, with actions taken against illegitimate developments and local buyers warned to conduct due diligence before committing to property purchase agreements. ...

With bank credit growth reaching its lowest in two decades in Cambodia, households’ mortgage loans posted weak growth in 2023, said the Annual Financial Stability Review Report 2023 of the National Bank of Cambodia (NBC). ...

The homestay market in Cambodia is projected to surpass $59.3 million in earnings this year and in the next four years, it will surge to $81.34 million. ...

In Phnom Penh, visibility seems to have become key to retailers. High-end brands are reportedly moving to more up-market locations like Prime High Street, versus community malls, retail podiums and prime shopping malls. ...

Cambodia has seen more than $5 billion approved construction projects in 2023, as per data with CBRE Cambodia. This is a 79 percent increase compared to the previous year. ...

Real estate growth has marginally improved year-over-year. But the momentum of growth is still slow with 2023 seeing the real estate sector grow 0.5 percent, compared to 0.2 percent in 2022. ...

Lippo Group, a major Indonesian corporation, is seeking investment opportunities in Cambodia’s health and real estate sectors. ...

In July, the National Bank of Cambodia (NBC) flagged the “historically” high credit-to-gross domestic product (GDP) ratio, which stood at 189 percent in 2022, with credit-to-GDP gap reaching nearly 40 percent. ...

The Ministry of Economy and Finance, Ministry of Public Works and Transport, and the Ministry of Tourism will co-host an investor seminar on “The Operations and Maintenance of Kampot Tourism Port through the Public-Private Partnerships”. ...

The Ministry of Commerce (MoC) has made an announcement on the implementation of the Law on Consumer Protection and prakas on Unfair Contract Clauses to protect consumers in the real estate and housing sectors. ...

The Council for the Development of Cambodia (CDC) on Wednesday said that those who fail to pay their house mortgage and risk their properties being confiscated should contact Real Estate Business and Pawnshop Regulator (RFPR). ...

A White Book on Real Estate & Construction 2023 has made a raft of recommendations to enable the sector to thrive, ranging from building co-ownership, hazardous materials regulations, financial regulations, transparency on property transfer, to stronger regulatory enforcement. ...

The real estate industry in Cambodia has been identified as a high-risk sector for money laundering due to a number of factors. In recent years, the industry has experienced substantial growth, which has attracted foreign investors, particularly from China. This has led to a substantial influx ...

Total foreign direct investment (FDI) to the real estate sector peaked at $3.6 billion in the years preceding Covid-19, where half of the approved investments was backed by Chinese investors. In 2019 alone, FDI financing in the property and real estate development in Cambodia stood around ...

Hong Kong-based Sunwah Group has launched a $1.5 billion real estate project in Phnom Penh, saying it will represent a new symbol of Cambodia’s high-quality life. ...

Cambodian analysts weighed in on China’s $44.4 billion real estate fund, banking on hopes that the program can raise funds to bankroll the purchase of unfinished buildings and complete their construction. ...

Leaders and businesspeople from the Malaysian state of Malacca have vowed to promote investment among compatriots in four target Cambodian sectors – education and vocational training; real estate; mining; and energy, according to the Council for the Development of Cambodia (CDC). ...

The pandemic has increased pressure on building operators, resulting in an all-time high in demand for property management, US-based commercial real estate and service and investment firm CBRE – the largest in the world – said yesterday. ...

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. ...

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 ...

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. ...

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. ...

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. ...