Most banks stayed away from direct lending to real estate. For the ones that do so the amount is much smaller compared to other sectors or industries. Risks apparently dissuade these banks from getting more involved with the sector.
In November this year Phnom Penh will witness the launching of an entertainment complex and tourist attraction that will be among the best Cambodia has seen in years.
After weeks of preparation, the much-awaited and prestigious Cambodia Real Estate Awards 2018 was officially launched on Monday.
Khan Daun Penh is one of Phnom Penh’s major districts. Together with neighbouring Boeung Keng Kang, Daun Penh represents some of the busiest economic hubs in Cambodia’s capital city.
The construction of a new international airport in Siem Reap has already begun.
Cambodia is in the middle of a building boom, thanks to massive investments from China and the continuous growth of the country’s economy, which has grown by an average of 7 percent over the last several years.
As major real estate developments in central Phnom Penh drive up the value of real property, many developers have shifted their attention to new areas with cheaper land.
A number of Cambodian women actively contribute to the development of Cambodia’s real estate industry.
Time and again, the issue of foreigners obtaining Cambodian citizenship has cropped up.
The Le Bokor Palace Hotel, commonly known as the Old Casino on Bokor Mountain, has been renovated by Sokha Hotels and Resorts and will likely reopen to welcome tourists early this year.
The recent announcement that one of the largest airports in the world will rise in Kandal province’s Kandal Steung district sent land prices around the future airport to stratospheric heights.
The General Department of Taxation (GDT) has issued a notice of property registration and an information update to survey the number of properties and offices in Phnom Penh.
When you are a landlord who wants to rent out a property fast to the best tenants, you need to be aggressive and do things that will defeat the competition.
Chinese are still the top property investors in the Sihanoukville market, which is set to change remarkably in the next few years thanks to new developments and the growth of the tourism sector, insiders say.
Cambodia’s real estate sector saw remarkable growth last year, with the Ministry of Land Management, Urban Planning and Construction (MLMUPC) approving a total of 3,418 projects nationwide.
A recent forum and signing ceremony for the CEO KT Pacific project with renowned construction company Sichuan Huashi Group took place at the Intercontinental Hotel in Phnom Penh.
Bank loans to the construction and real estate sector in Cambodia in 2017 totaled $3.91 billion, or the equivalent of about 24.28% of the total loan portfolio at the end of 2017.
If you are a property owner, seller or buyer in Cambodia, you need to know about the different property taxes in the Kingdom.
Kampot property prices surged significantly in the early part of this year and at the end of 2017, compared with the previous year, thanks to the growth of the tourism sector, insiders say.
Year after year, the standard living for locals in Cambodia, and in particular those in Phnom Penh, is improving.