Demand for affordable residential housing within Phnom Penh and its surrounding urban areas has already proven to be a swiftly developing trend.
Yuwan Square, a modernised and mixed development in the business centre in Battambang province, is set to have a soft launch at the end of the month.
The strengthening of China and Cambodia’s diplomatic and economic relations will have on the kingdom were all positive signs for Cambodia.
In the kingdom, traditionally there are three major classifications of land title which are utilized throughout the country.
Japanese property firm Leopalace21 Corp will build a serviced apartment complex in Phnom Penh costing $15 million.
Without a doubt, Cambodia has experienced rapid economic and real estate growth over the preceding years.
Ministry of Land Management collected about 371 billion riel (about $ 92 million) in revenue last year, according to a report from the ministry.
Following an announcement by Borey Peng Huoth Group last year about building a new shopping centre named PH Diamond Mall.
In Cambodia, traditionally there are three major classifications of land titling – hard title, soft title and strata title.
Cambodia still needs more housing to meet the rapid growth of the population, urbanisation in the capital city and economic growth.
Amid rising property prices in central Phnom Penh, many developers have sought new options for hosting their residential development projects.
The ownership titles are hard title, soft title and strata title (enabling for foreign ownership within condominiums – subject to certain conditions).
R & F Properties Cambodia Co, Ltd, last week announced it would inject about $700 million of investment capital in a multi-storey building project.
The development of high-end residential projects has been a priority of both local and international developers alike over the preceding years.
The relationship between China and Cambodia is one that has proven to be a catalyst for Cambodia’s economic growth over the recent years.
The Sea Gate Suite condominium project, which will cost $200 million, was officially launched on the night of December 17.
It was once Phnom Penh’s first shopping mall, and now the revamped Sorya Center Point has had a $5 million renovation.
What is lease contract? A lease contract is a formal document that properly identifies the landlord (lessor), tenant (lessee) and the leased property.
The Asian Development Bank qualifies Cambodia as one of the “NEW TIGER ECONOMIES OF ASIA” based on the increase in gross domestic product per capita.
Locally-owned TV Star has invested $10 million to build the first luxury flat-house villa project in Cambodia.