A Guide to Property valuation in Cambodia
According to the Asian Development Bank (ADB), the projection for Cambodia’s economic growth forecast for 2023 was lowered from its initial projection of 6.5% to just a 6.2% growth rate as a result of the impact of the global economy. It indicates that the economy is uncertain and vulnerable to changes by both domestic and […]
Renting vs Buying an Apartment – Which one should you go with?
As an adult, one of the hardest decisions to make when moving out and living independently is whether to rent or buy an apartment. It is not an uncommon situation if you are pursuing an active and convenient apartment lifestyle like many other millennials around the world. Although the apartment lifestyle does not confine anyone who makes the decision to rent or buy an actual apartment to have that lifestyle, it is still a very hard decision to make since the benefits from both ways are quite similar to one another. If you are currently finding yourself in the middle of this dilemma, let us help you make the next decision and solve your problem. In this article, we will help guide you on how to choose between renting or buying an apartment by considering your budget, financial plan, lifestyle, and many more factors.
Property News Roundup March 6th, 2023
We’re delighted to share the weekly news highlights below. Cambodia and Morocco removed from FATF ‘Money Laundering Grey List’ Cambodia has been officially removed from the “Money Laundering Grey List” of the Financial Action Task Force (FATF) today, thanks to the Kingdom’s effort in combating money laundering, terrorism financing and weapons proliferation financing, according to […]
Property News Roundup February 27th, 2023
We’re delighted to share the weekly news highlights below. Can you own land in natural protected area? Natural Protected Area refer to areas of public property territory of the government such as land, water, beaches and seas within areas controlled by the provisions of the law or newly created areas within the jurisdiction of the […]
Can foreigners Own Land in Cambodia?
Recently, Cambodia has seen great economic growth and developed many sectors including the real estate sector. With an increase in great investment opportunities, it is no surprise that there are more and more foreigners considering making investments in Cambodia. However, foreigners are not granted permission to directly own properties as part of the constitutional law […]
Is there a Huge Demand for Condominiums in Cambodia?
In recent years, Cambodia has seen great progress in the real estate development sector including an increase in the development projects for more buildings that serve retail purposes, office space, residential, etc. According to CBRE’s report on the real estate market in the third quarter of 2020, it shows significant improvement along with an increasing […]
Property News Roundup February 13th, 2023
We’re delighted to share the weekly news highlights below. The state provides title deeds and tax exemptions to 1,200+ families in Borei Keila The government has handed over ownership titles for more than 1,200 families living Borey Keila complex, along with tax exemptions. February 06, 2022 | Construction Property | Link: http://bit.ly/3JZCWiL Darasakor Airport achieves […]
Property News Roundup February 6th, 2023
We’re delighted to share the weekly news highlights below. 3 high-speed rails to diversify transportation The government has been working to build new infrastructure and upgrade the quality of the existing old tracks to high-speed rail. The government plans to build three high-speed rail lines connecting Phnom Penh to the country’s borders to promote a […]
Property News Roundup January 31st, 2023
We’re delighted to share the weekly news highlights below. Fearless Projections of Real Estate Market Trend in 2023 The Cambodian real estate market in 2023 will continue to be under pressure and will not be able to recover to the rate where everyone wanted, while the slowdown will last even longer than expected, mainly due […]