MORGAN TOWER, PHNOM PENH - Realestate.com.kh is bringing back its massively popular Real Estate EXPO this coming July 2 & 3 at the Premier Centre Sen Sok. The Real Estate EXPO 2022 is one of Realestate.com.kh’s offline events pushing the real estate and related industries to new heights and delivering exclusive deals and vital services to the growing Cambodian market - all in one place.The Real Estate EXPO is a series conceived by Realestate.com.kh’s founder Moek Chenda and the company’s CEO Thomas O’Sullivan with the vision of creating an event where buyers can secure some of the best deals in real estate, attend free property seminars and enjoy a great day out with the whole family by visiting some of the attractions such as the latest in property technology, car test drive areas, and kids entertainment zone. The biggest names in property development across Cambodia will be on display including OCIC, Orkide Development, Chip Mong Land, Borey The Flora, Golden Cambodia Century, Morgan Group, Prince Real Estate,  Borey Kasen, Borey Bosba, Borey Arey Ksat, Coastal City and many more. To complement the home buying decision the leaders in banking, finance and insurance will also be there to consult buyers. As will the leading real estate agencies in Cambodia such as CBRE Cambodia, Cambodia Properties Limited, GC Realty, Pointer Property and property investment specialists Fazwaz Cambodia.Register As An Attendee or ExhibitorWin Big At The Realestate.com.kh EXPO 2022Apart from securing the best deals in real estate and other mid to high-end items, attendees will all go into the draw to win some of the biggest prizes ever seen at similar events, including jewelry from Princess Alanka, Watches from Watch Empire, Equipment from Seara Sports Systems, movie tickets from Legend Cinema, Appliances from both Fotile, Mitsubishi and many, many more. Property developers and exhibitors will be offering a variety of buyers incentives during the two days including huge discounts and show-only lucky buyer prizes including property & cars!When, Where, and What Time? The Real Estate EXPO 2022 will be held at the Premier Centre Sen Sok. The EXPO 2022 will start on July 2 & 3, Saturday and Sunday from 9:00 am until 6:00 pm both days. The Real Estate Expo 2022, Above and Beyond Properties & Services“We have not been able to do an offline event of this scale since our record-breaking events in 2019, whilst not surprising we have really been overwhelmed with the response from both exhibitors joining the expo, as well as very good signs from attendees with 5000+ people already signed up to attend the event,” said Thomas O’Sullivan, Realestate.com.kh CEO.“Ultimately, our goal is to give buyers and Cambodian families an opportunity to get the best deals in real estate of the year, and to create an experience where they can have a great day out together. By adding attractions and activities such as seminars from the leaders in the property industry, kids play areas, cars, an extensive food & beverage and more allows us to not only put on the biggest and best property expo but to create a great day out for the whole family” Mr. Thomas said.Register As An Attendee or ExhibitorA Series of Record-Breaking SuccessesThe most recent Real Estate EXPO held in Naga World Phnom Penh in 2019 was a major success that broke the country’s biggest property sales event ever in Cambodia with a whopping $ 30 million in sales and attracted over 20,000 visitors.  Earlier in 2019 the Home & Lifestyle event attracted more than 15,000 attendees and reached over $20 million in sales. Cambodia’s Leading Boreys, Condos, Agents, Banks, Lifestyle & Corporate brands The who's who of Cambodia's property market and ancillary services are already onboard with more coming as the EXPO 2022 on July 2 & 3 draws closer.Major sponsors & key supporters include: The Khmer Times, Cambodian Investment Management, Princess Alanka, B2B Cambodia, Watch Empire, Mitsubishi Heavy Industries, Panasialife, Gold Zone Media, Seara Sports Systems, Fotile, and LM Car.Exhibitors  include: Orkide Development: Orkide The Botanic City, Orkide The Pochentong, Orkide The Royal Condominium, Morgan Group: Morgan Tower, Morgan EnMaison, Overseas Cambodian Investment Corporation (OCIC), Chip Mong Land, Prince Real Estate Group, Creed Cambodia, Canopy Sands, Borey Kasen Phnom Penh, Borey Bosba, Borey Williams, Genrich Investment, Credit Bureau of Cambodia, Chroy Changva Satellite City, Norea City, Borey Heng Heang, The Elysee, Elite Town 3, Olympia City, Borey New Hope, Kien Svay Plaza, Tourism City, Diamond Bay Garden, Golden Cambodia Century (GCC): Borey Nadi, GC Orussey Market, Borey The Flora, KH Land, Platinum Coast, Golden Cambodia Realty, Phnom Penh Galaxy Garden, Coastal City, Century 21 Cambodia, Oasis Harmony, Golf Harmony, City Gem, Borey Lorn City, Fortune City, Borey Arey Ksat, Borey Chey Oudom, One 70, LM Car, Fotile, JTH Lawyers, API Global, TCU Polys Enterprise, Harvey Law Group, Beike Realsee, FazWaz, Buildmax International, Sathapana Bank, Cellcard, Yuan Dian Advertising MediaMedia partners include: Khmer Times,  B2B Cambodia, AmCham, ADA, Cambodia Investment Review, Property Area Asia, Gold Zone Media, The Cambodia China Times, Thmey Thmey, Enjoy Cambodia, Business Cambodia, FreshNews, Koh Santepheap Daily, Kampuchea Thmey Daily, ThmeyThmey, CNC, BTV, PNN, Hang Meas, CTV, TVK, CTN, Jianhua daily, Cambodia China Times, PanasiaLifeRegister As An Attendee or Exhibitor

Ring Road 3 is approaching its 75% completion milestone as of the end of May 2022. The Ring Road 3 cost $300 million and began in January 2019. The project is expected to be completed in September 2022, according to the Ministry of Public Works and Transport.Ring Road 3 has an estimated 47 km of cement pavement and another 5 km of asphalt pavement. In terms of length, it totals 52 km with a width of 22 m. Ring Road 3 stretches from National Road 4 starting from Por Sen Chey, a highly populated district in the west of Phnom Penh, and goes through National Roads 2 and 3, connecting to National 1 in the eastern portion of the capital city’s autonomous port.The construction of the Ring Road 3 has been a susceptible project to disruption given the COVID-19 pandemic, but government planners and its contractors have been on track for its target completion date.This road is being constructed by Shanghai Construction Group Co., Ltd., with a technical inspection conducted by Guangzhou Wanan Construction Supervision Co., Ltd. The project’s $300 million price tag is footed through a loan from China.Once operational, the Ring Road 3 will be part of Cambodia’s National Road system and contribute to the growth of Cambodia’s industrial, transportation and logistics infrastructure. AEON, a Japanese shopping mall giant, is set to build an estimated 30,000 sqm logistics center in a Special Economic Zone (SEZ) near the southern port of Sihanoukville. The Japanese conglomerate aims to launch operations in 2023, covering vital logistics services such as storage of imported goods, customs processing & clearance, and support for international online retail.The government’s plans to expand and rehabilitate the National Road system will overall improve the movement of goods inside the ASEAN and create a new economic corridor within the Indochina region.Looking for property investments in Cambodia? Let us help!

On May 27th, Prince Trust, a member of Prince Holding Group (“Prince Group”), one of Cambodia’s largest business groups spanning across real estate development, financial services, and consumer services, has signed a memorandum of understanding (MoU) with Cambodian Investment Management and Realestate.com.kh to collaborate on opportunities in attracting inbound investments through Cambodia’s Trust Law.The MoU ceremony was presided by Michael Chiam, Board Director of Prince Trust, Anthony Galliano, CEO of Cambodian Investment Management, and Tom O'Sullivan, CEO of Realestate.com.kh.Based on the terms of the MoU, the three parties will work towards co-creation of joint capabilities in attracting investment by providing a seamless, trustworthy, and transparent experience for foreign investors. With Cambodia experiencing rapid growth and the passage of the Trust Law in 2019, Prince Trust was established to assist investors looking to venture into Cambodia.Michael Chiam, Board Director of Prince Trust noted ”We established Prince Trust to assist foreign investors looking to venture into Cambodia by promoting trust law. Together with the strong credibility and market awareness of Cambodian Investment Management and Realeastate.com.kh, we will be able to leverage on our respective competitive strengths in addressing the needs of foreign real estate investors looking into Cambodia”While Anthony Galliano, CEO of Cambodian Investment Management, championed the term “Invest Cambodia” in his remarks, noting that Cambodia's remarkable management of Covid 19 has prepared the market for a rapid recovery and “the country has never been better placed for foreign investment”Tom O’Sullivan, The CEO of Realestate.com.kh noted that “website traffic had grown past 200,000 visitors a month over the first half of 2022, with over half of the traffic from international markets” which is a sign that international investment in Cambodia is again on the rise. O’Sullivan went on to say that he “was looking forward to again being a pioneer in the industry along with Prince Trust and Cambodian Investment Management in educating the international investor market and local sellers about the trust law in Cambodia, which is a legal, transparent vehicle in facilitating real estate transactions for foreign investors”What is a Trust or a Real Estate Trust?A Trust is one of the mechanisms to help investors manage their assets. A trust is a way of holding and managing property, whereby the person setting up the trust (called the grantor, settlor, or trustor) transfers property to a trustee, who manages the property for the benefit of others (called beneficiaries).For more information, please visit www.princetrust.com, www.princeholdinggroup.com, www.facebook.com/CambodianInvestmentManagement, and www.realestate.com.khLooking for property investments in Cambodia? Let us help!

Cambodia’s Premier Property Show is back with the biggest developers in Cambodia including: Orkide Development, Morgan Group, Overseas Cambodian Investment Corporation (OCIC), Prince Real Estate Group, and many others COMING TO YOU - ALL IN ONE PLACE!The Real Estate EXPO 2022 is fast approaching and Realestate.com.kh, Cambodia’s largest real estate classifieds platform, is proud to announce the first wave of exhibitors!The Real Estate EXPO 2022 is Cambodia’s premier property show featuring agencies, developers, banks, insurance companies, and other services that homebuyers and investors need when buying property - all in one place.Key exhibitors for this year's EXPO 2022 include:Orkide GroupPrince Real Estate GroupChip Mong GroupOverseas Cambodian Investment Corporation (OCIC)EZECOMHGB GroupCentury 21 CambodiaWith well over 30 exhibitors already booked and preparing for the first expo in over two years, buyers can expect to find some of the best deals in property for the year, with most developers offering exclusive show-only discounts on select units with some even offering discounts of up to 20%! Real Estate Seminars from Industry ExpertsWhile there will be several dozen properties and developers present during the event, the question remains: Which property do you buy?One of Realestate.com.kh's missions is to educate property buyers. And with the biggest names in real estate all gathering in one place, Realestate.com.kh will be hosting a series of seminars showcasing the opportunities - present and upcoming - in the Cambodian property market. Several notable personalities from big developers, reputable agencies, as well as well-known international consultancy firms will be sharing insights and tips over the 2-day event.Speakers already confirmed for the event are:Mr. Ith Hero, Director of Statistics, National Bank of CambodiaMr. Oeur Sothearoath, Chief​ Executive Officer, CBCMr. Lawrence Lennon, Managing Director, CBRE CambodiaMr. Chrek Soknim, President of the Cambodia Valuers And Estate Agents Association (CVEA)Ms. Mom Sothavatey, Country Manager, Fazwaz CambodiaMr. Seraj Sutton, COO & Director, Century 21 CambodiaMr. Kang Nin, Director and Partner, Golden Cambodia RealtyMr. Chu Zexu 褚泽旭, General Manager, Morgan GroupMs. Ry Navy, Head of Sales Division, OCICMr. Ngoey Thy, Assistant to CEO, KH LandDon't miss out on expert insights that could land you your dream home or your next big investment!Special EXPO 2022 Raffle EventThe EXPO 2022 is sponsored by big names in the Cambodian consumer market. From commodities to big-ticket items, attendees will have the chance to win exclusive prizes - worth those of being included in the Kingdom's biggest property show of the year!The event is completely free to attend, and make sure you sign up for express entry to avoid the queues on the day! The Real Estate EXPO 2022 is happening this July 2nd  and 3rd at the Premier Centre Sen Sok, located in the fast-urbanizing district of Sen Sok and directly in front of AEON Mall 2 - the largest purpose-built shopping mall in Cambodia.Interested in joining the event as an attendee?Register for the Expo 2022

Cambodia’s nationwide infrastructure development continues with the Ministry of Public Works and Transport exploring plans to expand National Road 4 through funding from the World Bank.Chief among the many issues discussed was the rehabilitation and expansion of National Road 4 funded by a loan from the World Bank. Improving transportation across Cambodia has been a priority of the national government for most of the recent decade, and National Road 4 is next on the agenda.National Road 4 is one of the major roads connecting Phnom Penh to vital economic and tourist spots such as Sihanoukville and Koh Kong. The improvements planned for NR4 are expected to ease traffic congestion, lessen travel time, and overall reduce costs of transportation in this economic corridor.Officials of the Ministry of Public Works and Highway meet with the World Bank last May 24, 2022. Photo from the MPWT.Apart from national road projects, the MPWT also discussed plans to install Electric Vehicle (EV) Charging Stations as one of the Kingdom’s pushes to reduce environmental pollution. The development of a public bus system in Siem Reap was also discussed, as well as the management of wastewater in Phnom Penh, Siem Reap, and Sihanoukville. Last but not least, was the discussion of the Phnom Penh Logistics Center (PPLC) Development Project.The World Bank has been a vital partner in the Royal Government’s goal to realise its national development goals through enhanced transport infrastructure, sustainable waste management and overall quality-of-life improvements for the Cambodian people.Looking for Property Investments in Cambodia? Let us help!

In Phnom Penh’s ever-expanding condo market, developers are always on the lookout for an edge against the competition. Unique architectural approaches, strategic locations, and even economical pricing have been utilized by property developers to make a splash in the property market.The Penthouse Residence, a high-end residential project in Tonle Bassac, Chamkarmon, is standing out by sticking to the fundamentals of residential projects: Providing a comfortable daily living experience for its residents. And it does this through support from Panasonic Cambodia.Panasonic Cambodia, Providing for Businesses in CambodiaPanasonic is a leading global appliance manufacturer providing high-quality products to businesses worldwide. Panasonic Cambodia has established itself as a reliable partner among businesses in the Kingdom.Residential and commercial developers in Cambodia are always looking for top-end appliances and other electronics in their projects and Panasonic Cambodia’s wide range of products cover much of the ever-evolving needs of developers. Panasonic complements its wide range of products with expert technical expertise as well as software to efficiently manage and scale operations according to business needs.A Panasonic Product for Every NeedThe Penthouse Residence, being a high-end residential, chose the finest products only Panasonic could provide. Olivier Belloy, Project Manager of The Penthouse Residence, cited Panasonic's air conditioner offerings that fit the project’s needs.“For this project, we decided to install a few types of air conditioners. From 1-bedrooms that only need single split to 4-bedroom units that require multiple split systems,” he said, highlighting the multiple uses Panasonic’s product line has for the project.Olivier Bolley added that The Penthouse Residence uses several other Panasonic products such as a television, refrigerator, and washing machine. “We’re also aware Panasonic offers more products such as an intercom system”.Expert Technical and Software SupportOlivier Belloy, Project Manager of The Penthouse Residence mentions Panasonic’s Airconditioning Management System (P-AIMS) software and technical support for its operations.“We can also control the system from our control room. We have our Panasonic software, and we can control a few parameters, including temperature” Olivier added, “We can even lock the temperature [of a particular space] to 24 - 25 degrees Celsius without having to use the controller”.Panasonic also provides technical support for its products and ensures its systems are well maintained and tuned for the demands of high-quality condominiums like The Penthouse ResidencesThe Ultimate Advantage of Panasonic nanoe™X TechIn a time where an outbreak can stifle economic activity for months and even years, Panasonic’s nanoe™X technology found in its air conditioner line-up ultimately delivers peace of mind for guests, workers, and business owners. Cambodian shoppers and business owners have little to fear as public spaces outfitted with Panasonic air conditioners and supporting systems ensure bacteria and viruses are eliminated, allowing them to go about their day, safe in the knowledge that they are well-taken care of.Looking To Install Panasonic In Your Business? Inquire Here

Demand for housing in Phnom Penh continues to grow with Cambodia’s returning economic outlook. Realestate.com.kh, Cambodia’s largest real estate classifieds portal, recently provided some insight into the Kingdom’s property market in early 2022.According to the Real Estate Survey 2022, demand for property in Phnom Penh shifted from central locations to its outer districts. Out of over 2,300 respondents, Chroy Changvar has become the most preferred location among homebuyers. The peninsular district has increased its appeal to property seekers from 12% in 2017 to 21% in 2022. This is largely in part due to present condominium developments in the south of Chroy Changvar, boreys opening in the north, and the opening of other commercial properties such as a new Makro opening in the district.The sale prices of condominiums have also increased since the start of the year. Median sale prices of condominium units in the city have surged from around $100,000 at the tail-end of 2021 to now over $130,000 as of April 2021, according to Realestate.com.kh’s Market Trends. While it is not yet clear whether prices will continue to surge, interest in the area has been on the rise based on the website’s traffic data. While the peninsular district’s potential as a new property hotspot builds, central locations such as Daun Penh, 7 Makara, Toul Kork, and Chamkarmon have not entirely been left behind. These areas make up a total of 27% when it comes to preferred locations when buying property. These areas still hold the most economic activity as well as home to high-end renters, a section of the market starting to come back with Cambodia’s easing of entry requirements.The sale prices of western-style condominiums in these areas have largely held at $130,000 to $150,000, save for modern condos in Daun Penh which soar well above $200,000. When it comes to rental prices, renters are looking at a ballpark of $700 to $800 as median prices for modern apartments and condominiums in central areas.Realestate.com.kh is home to thousands of residential and commercial property listings as well as partnerships with banks and insurance companies for loans and coverages. Cambodia’s premier property show, the EXPO 2022, organized by Realestate.com.kh, is where home buyers and investors can find properties offered at special rates along with exclusive deals from banks and insurance companies all in one place - this coming July 2nd and 3rd at the Premier Centre Sen Sok.Register for EXPO 2022

Chroy Changvar has been in the eyes of both property seekers and developers for years. The peninsular district has been a hotbed of both borey developments as well as modern high-rise condominiums that have exploded in popularity recently. And adding to its continued residential viability is the announcement of a third Makro establishment coming this 2022.The third Makro is estimated to cost $12.7 million according to Makro Cambodia Co. Ltd. Makro is a Thailand-based retail company and this will be their third project in Cambodia, the first two being located in Sen Sok in Phnom Penh and in Siem Reap, respectively. The new Marko is the expected 161 jobs and taxes it will generate for Chroy Changvar.The third Makro will be located in Bak Khaeng subdistrict, the same area where the Morodok Techo National Stadium is, and the WorldBridge Sport Village, the first-ever sports village in Cambodia and the designated venue for the upcoming SEA Games 2023.According to Realestate.com.kh’s Market Trends data, the median sale price of high-rise residential developments has recovered from around $100,000 to $130,000, a 30% rise compared to May 2021. Median rentals for apartments have also held at $500 for western-style units. New condominium developments, especially in the southern portion of the peninsular district is turning the area into a commercial and condominium hub.Cambodia’s non-stop infrastructure development is similarly adding to Chroy Changvar’s potential. Earlier this year, plans for a bridge connecting Phnom Penh to the Arey Ksat area in Kandal province were also approved and will be located in southwest Chroy Changvar. At present, residents traveling from the area are using ferries to cross the river. A bridge connecting highly populated areas is bound to shorten travel times and increase economic activity.Looking for property in Chroy Changvar? Let us help!

Bokor, Kampot - The sleepy town of Kampot is about to open to the international market with a new large port starting development worth $1.5 billion. The new project, called the Kampot Logistics and Multipurpose Port, has recently started construction and will cover more than 600 hectares of land. The new port is being invested in by the Kampot Logistics and Port Company Limited, a Cambodian company based in the province.The first phase of the plan will require about 200 million US of capital. This phase includes container fields, special economic zones, free trade zones, logistics centers, warehouses, customs and manufacturing plants. Fuel refineries and energy distribution infrastructure will also begin in this phase. Means of transportation, specifically use of ferries headed for Phnom Penh is also being looked at to quickly transport goods, workers, and tourists.The location of the multi-purpose port has a water depth of about 15 meters and can accommodate ships of 100,000 tons. Once fully operational, the port will have a capacity of 300,000 TEUs of cargo by 2025 and scale up to 600,000 TEU by 2030. According to company plans, the first phase will take about 18 months to complete.Its location in Kampot has been strategically selected for its logistics and port functions. The area is shielded from natural disasters such as typhoons by Koh Thmey, Koh Ses, and Koh Tral. The company is also experienced in constructing naval facilities, bringing their experience to fortifying their more civilian-oriented project.Kampot Logistics and Multipurpose Port is one of the first large-scale projects to be undertaken by a local company. Once completed it will greatly contribute to the growing economic and social development across Cambodia by opening another gateway apart from the Sihanoukville Autonomous Port and the Phnom Penh Autonomous Port.The massive development is estimated to directly and indirectly create 10,000 jobs and is likely to create a more economically vital Kampot.Looking for property in Kampot? Let us help!

AFTER 2 LONG YEARS, IT’S FINALLY BACK! The Realestate.com.kh EXPO 2022 is coming this July 2022 (2nd & 3rd) and it’s bringing exclusive deals and promotions from Cambodia’s leading borey & condo developers, banks, insurance, and many services for your home needs!A WORLD-CLASS VENUEThe Realestate.com.kh EXPO 2022 will be held at the Premier Centre Sen Sok. This grand venue is well-known among Cambodians, expatriates, and foreign investors for its wide spaces, accessible roads, and is directly adjacent to AEON Mall Sen Sok, the largest purpose-built shopping mall in Cambodia today.WHO WILL BE AT THIS YEAR’S EXPO?Anything and everything related to Cambodian property will be at Realestate.com.kh’s EXPO 2022, including the most renowned property developers such as Orkide Development, Creed Group, The Flora, Morgan Group, and many more.But buying property is usually more than just property itself. And this is where the advantage of buying at the EXPO truly shines. Not only will buyers be able to secure some of the best deals ever from boreys, developers, and agents at the event, but the leading banks and insurance companies will also be exhibiting and running special loan offers and coverages for your home and other property needs. Buying and securing your property needs not be a hassle when you can do it all in Realestate.com.kh’s EXPO 2022!Lifestyle brands will also be on show at the event with brands such as LM Car, B2B Cambodia, and Realsee 360 technology making it a great day out for the whole family. CAMBODIA’S BEST REAL ESTATE SEMINARS & TALKSVisitors will be able to attend property-related seminars across the two days, delivered by leaders in the property market. Seminars will include real estate trends; how to find the best opportunities in the market; what to look for when buying your first home; updates on Cambodia's economy; and future infrastructure developments. A LOOK BACK ON THE 2019 EXPO More than 10,000 attendees. Exclusive deals and discounts. Over USD $30 MILLION IN SALES was generated at this same event in 2019.The Realestate.com.kh EXPO is Cambodia’s biggest property show where real estate agents, developers, banks, and insurance providers come together to offer the best deals and discounts ALL IN ONE PLACE.The EXPO has solidified itself as part of the industry’s calendar of events as middle-class and affluent Cambodians, as well as expatriates and foreign property investors, attend the EXPO successfully securing the best deals and opportunities in real estate. Pre-registration is LIVE! Sign-up now to get express entry at the event and updates on who will be joining the Real Estate EXPO 2022 this coming July 2-3 Register now!Real Estate EXPO 2022 Registration here

The completion of the Phnom Penh-Sihanoukville expressway will play a key role in further pushing Cambodia’s economic growth for decades to come. Photo from the MPWT.As of later April 2022, 90.95% of the Phnom Penh-Sihanoukville expressway construction project has been completed, and it is expected to be open for public use in July. Prime Minister Hun Sen will attend and preside over its official opening ceremony.Being Cambodia’s first expressway, the construction of the Phnom Penh-Sihanoukville expressway (also referred to as the Golden Port Expressway) cost 2 billion USD and was built with the aid of the Chinese government. The expressway spans five provinces, starting at the third ring road in Phnom Penh City and ending in Sihanoukville Province. Its total length is at 187.05 kilometers with a two-way 4-lane system, each lane being 3.75 meters wide. The running speed limit for the expressway will be at 80 to 120 kilometers per hour.The highway itself includes 7 intersections, 3 rest areas, 1 parking lot, 4 operation and maintenance centers, 40 major and medium-sized bridges, and 5 small bridges. For scale, the highway is 80.8 kilometers away from the province, 1.92 kilometers away from Koh Kong, and 89 kilometers away from Sihanoukville. For the safety of those using the expressway, a green isolation belt was placed in the middle, with galvanized steel pipe guardrails on both sides of the road to prevent animals from passing through. The construction also utilizes a modified asphalt technology, which is compatible with Cambodia’s weather thus improving pavement performance and extending service life.The Phnom Penh-Sihanoukville expressway was funded by the China Road and Bridge Engineering Co., Ltd., operating in a BOT (build-operate-transfer) system. Construction officially started on March 22, 2019, with a construction period of more than 3 years and an operation period of 50 years. Being Cambodia’s first expressway connecting Phnom Penh and Sihanoukville, it plays an extremely important role in the Kingdom’s socio-economic development. It also is the first step in Cambodia’s layout of the national transportation network system.At present, the travel time from Phnom Penh to Sihanoukville takes about 4-6 hours. Once the expressway is completed, the journey will be shortened to a mere two and a half hours. The project will facilitate the transportation of goods between the two economic centers while also creating nearly 10,000 jobs. Once completed, it will not only fill the gap in Cambodia’s infrastructure needs but also help stimulate provincial and national economic growth.The toll standard for the Phnom Penh-Sihanoukville expressway has yet to be determined, however. If the standard is at 10 cents per kilometer, the cost of making the whole journey itself would be close to 20 USD. H.E. Sun Chanthol, Minister of Public Works and Transport, previously stated that the toll standard for expressways around the world is generally at 10 to 15 cents per kilometer, which is a high cost for ordinary Cambodian citizens. The Ministry of Public Works and Transport has already proposed contracting companies to make toll rates on highways go down to less than 10 cents per kilometer, allowing more people across the country the financial capability to use the highway.The government is also negotiating with investors to allow free public testing of the expressway for a period of time before the official opening. This is to help the general public experience the expressway themselves and thus understand the costs entailed. In addition, the government has declared that on Cambodian public holidays, the highways will be free of charge.Looking for property in Cambodia? Let us help!

Cambodia’s property market is off to a good start with over 650 projects approved in the first 60 days of 2022. Photo from Khmer Times.While the COVID-19 pandemic was causing many businesses to struggle, property investors flourished. With many beginning to reintegrate pre-pandemic practices due to lesser restrictions, the property market has started re-establishing itself through various residential projects. More than 650 projects were approved by the government over the course of January and February this year with an estimated amount of almost $140 million. Many of these new projects join the market of developers trying to entice both local and foreign buyers into purchasing property through deals and discounts.Given the difficulties brought by the pandemic, some of the new developments have focused on being able to provide amenities such as easy access to schools and malls for the convenience of potential residents.Developers in Phnom Penh have also been offering property with furniture bundled in to give buyers more to consider. Having government loans and lower interest rates available, buyers can also be more optimistic about purchasing property without worrying too much about expenses. The pandemic has allowed them to have more bargaining power, especially towards more low-profile developments. The increasing desire of Cambodians to own property outside the center of Phnom Penh was also taken into consideration by developers, giving more attention to the suburban areas of the city. This also gives buyers an option to own a cheaper and larger home where they can better hold activities fit for their needs. Considering that acquiring property has always been oriented towards accommodating families and family inheritance, buyers with similar intentions can feel more reassured with making major purchases on residential developments.Property investors must then be inclined to cater more to the needs of their buyers. The Cambodian market has yet to fully recover feet given the aftereffects of pandemic restrictions, and giving it more reason to purchase will definitely help the property market flourish even more.Looking for property in Cambodia? Let us help!

A good home is quintessential to healthy living and very few homes in Phnom Penh can truly stake their name in that promise. Orkide, one of Cambodia’s premier property developers, takes what made their boreys so popular and delivers a truly upscale and modern city-living experience for home seekers today: The Orkide Royal Condominium.The Orkide Royal Condominium is a new development that started handing over in Q1 2022. It is located in the fast-developing Sen Sok area where developers are building projects left and right and property seekers lining up to secure homes in the upcoming district. With this much competition, how does Orkide The Royal Condominium stand out?Orkide’s The Royal GardenLocated at the centre of the project, this 3.2 hectare man-made garden is a feat very few developers can even attempt at mimicking. A true cite-centre garden that makes it the envy of many.The Royal Garden is at the centre of the Royal Condominium and serves as the conduit between the project's 6 towers and housing over 100 amenities catered to every resident looking for the complete luxury experience.From swimming pools to luxury gyms, steam, sauna, and walking track. It is split into 12 different zones with a rooftop garden at each tower. Check out the different zones residents of the Royal Condominium get to enjoy: Beach ZoneBeachside ZoneBreath ZoneMeditation ZonePool BarBeach LoungeWindy FieldShelter GateBeach EdgePrivate GardenJogging TrackTheaterTimber BridgeBeach BarLakeside GardenGarden WalkStone IslandTransition DeckSunken Play PlazaGalleryShip DeckReading GardenShaded Foliage GardenTea Garden Chilling ZoneFamily ZoneAdventure ZonePlay ZoneTimber DeckWater WallTea GardenPlay PlazaMusic LawnPool SlopeCycling AreaAudience DeckShade TerraceBBQ AreaPull Up Bar AreaHerb GardenBeach TerraceKiddie PoolFloating TrackWalk WayCactus GardenCoffee CornerLoungeJodging Track Eco ZoneGolden ZoneLakeside ZoneLake ZoneLibraryGolden GalleryM.Lap PoolFitness & SaunaFoot ReflexologyGolden LoungeGym @ The HighlightPool DiningEcology PondThe Vista Grand TerraceShallow PoolPlay IslandNeighbourhood ParkPoolside ShelterResidential Club HouseShallow PoolTimbe TheatreOrchid GardenYoga DeckIsland WalkThese are but a few of the over 100 amenities and facilities residents get to enjoy in the Royal Garden! And not even counting the countless other retail stores set to open within the ground to readily serve residents and deliver the utmost Royal experience to residents.Want to learn more about the Royal Condominium and its multitude of amenities? Inquire through the link below.Looking for property in Cambodia? Let us help!

Borey Kasen's King Villas stand out as the most premium homes in Khan Kamboul's growing residential market. Supplied.Borey Kasen, the largest Borey project in Khan Kamboul at around 30 hectares, is a prime choice for Cambodians looking for comfort and convenience. Immediately accessible through a short drive from the Chom Chao roundabout, Borey Kasen is located along National Road 3 in Tuol Kei village, Sangkat Phleung Chheh Roteh, Khan Kamboul, Phnom Penh. The area itself is 10 minutes away from Phnom Penh International Airport.Borey Kasen offers many in-house services for residents to enjoy. Apart from the necessities such as 24/7 security and regular maintenance checks, it boasts an extensive selection of swimming pools, fully-equipped gyms, open-air cafes, and lush gardens where residents can comfortably enjoy the cool Phnom Penh breeze. It also has a shopping center, giving residents access to their daily needs.Borey Kasen's developer perfectly captures the Khmer family's need for a modern home in today's fast-growing Cambodia. Supplied.The project’s housing offers distinct architectural features and quality construction, giving its residents a safe and beautiful home to live peacefully in. Interested buyers are provided with various types of housing to choose from. Ranging from residential units to commercial spaces, Borey Kasen is ready to accommodate modern Cambodian needs. Residential units include the King Villa, Queen Villa, Twin Villa A and Twin Villa B, where potential buyers have the freedom of finding a living space most suitable for them. For the more entrepreneurial Cambodian family, the commercial spaces or Shophouse in Borey Kasen come in different variations for almost every business plan in mind. These are located along the main road for shoppers to find and access!Shophouses line Borey Kasen's busiest areas. This creates the ideal environment for the entrepreneurial spirit of Cambodians. Supplied.As of now, Borey Kasen has promos up for grabs to interested buyers. The project developer is also offering a massive $10,000 discount on Shophouses - limited to the first few buyers.Pairing affordability with great quality, living in Borey Kasen is the perfect suburban living opportunity many Cambodian families today will be looking for generations to come!Interested in Borey Kasen? Make a free inquiry now!

The annual Cambodia Real Awards 2022 (CREA) was held on April 7, 2022 (Thursday) at the Sofitel Phnom Penh Phokeethra. The CREA is the Kingdom’s most prestigious real estate awards that recognizes the country's finest agencies and developers. The event was organized by Realestate.com.kh in collaboration with the Real Estate & Pawnshop Regulator of Cambodia, The Ministry of Land Management & Urban Planning and the Cambodian Valuers and Estate Agents Association.Over 500 distinguished guests from the real estate sector, as well as partner industries walked the red carpet leading to the grand ballroom of Sofitel Hotel where the gala dinner and the official announcement of winners of the Cambodia Real Estate Awards 2022 took place.While enjoying a three-course meal and entertainment during the night, the attendees got to witness and celebrate as the winners of the Cambodia Real Estate Awards were revealed and recognised for their achievements and hard work which helped them earn the title of being leaders in the field.Over 30 winners from the leading property developers and agencies in Cambodia were revealed throughout the night and were awarded the iconic trophy, prestigious CREA seal, and gold plaques to confirm their company's success.Urban Hub and their development Urban Village Phase Two were awarded the Developer and Development of the Year respectively.TK Central, Borey Maha Boeng Trea, Wealth Mansion, Picasso City Garden, MSQM ZTH, and Prince Huan Yu were also major winners in the development and developer categories.Whilst the biggest winners during the night included Golden Cambodia Century receiving 5 awards across their projects including Landed Property Developer of the Year for Borey Nadi as well as the Most Viewed Property for GC Orussey.The other major winner with 4 awards during the evening was Morgan Group, receiving multiple awards representative of all of their projects including the recently completed Morgan Tower and Morgan EnMaison.IPS Cambodia, CBRE, Knight Frank, and Century 21 Advanced Property shared the glory for the agency of the year awards. Whilst Pointer Property was awarded as the Employer of choice.C-Hearld went home the most decorated winner in the agency categories, taking home The Agency of Choice Award for 2022 as well as the Property Management Firm of the Year.There were also two inductees into the Cambodia Real Estate Awards - Hall of Fame 2022. Overseas Cambodian Investment Corporation (OCIC) was inducted as a developer for its 20 years plus years of contribution to the Cambodian property sector and the country as a whole. Whilst Lok Oknha Cheng Kheng, Chairman & CEO of Cambodia Properties Limited (CPL) was the first-ever individual inducted into the Hall of Fame for his 20 years plus service to the real estate industry.In his opening remarks, Thomas O’Sullivan, CEO of Realestate.com.kh said, “I can tell you that we had more than 100 nominations this year, with over 50 entries, making this real estate award the most successful event of its kind, ever to be held in Cambodia” And, thanked everyone that took the time to put together videos and prepare entries.Complete list of winnersAgency winnersCREA Hall of Fame 2022 - Lok Oknha Cheng Kheng, Cambodia Properties Limited (CPL)Real Estate Agency of the Year (Enterprise) - CBRE Cambodia Real Estate Agency of the Year (Enterprise) - Century 21 Advanced Property Real Estate Agency of the Year (Corporate) - Knight Frank Cambodia Regional Agency of the Year - IPS Cambodia Property Management Firm of the Year - C-Herald Property Service Property Management Firm of the Year - Pointer PropertyResearch & Valuation firm of the Year - Knight Frank Cambodia International Agency of the Year - IQI Cambodia International Agency of the Year - Century 21 Fortuna InvestmentAgency - Employer of Choice - Pointer PropertyAgency of Choice - Century 21 Advanced PropertyAgency of Choice - C-Herald Property ServiceDeveloper winnersCREA Hall of Fame 2022 - Overseas Cambodian Investment Corporation (OCIC)Developer of the Year - Urban Hub Cambodia CSR & Social Impact Developer of the Year - Prince Huan Yu Real Estate (Cambodia) Group Borey (Landed) Property Developer of the Year - Golden Cambodia Century (GCC)Commercial Developer of the Year - Morgan Group Condominium Developer of the Year - MSQM ZTHDevelopment winnersDevelopment of the Year - Urban Village Phase 2 Commercial Development of the Year - Morgan TowerBorey (Landed) Property Development of the Year - Borey NadiCondominium Development of the Year - Vue AstonServiced Apartment of the Year - Picasso City GardenMixed-use Development of the Year - TK Central Retail Development of the Year - Prince Golden Bay Office Development of the Year - Morgan TowerNew City Development of the Year - Borey Nadi Borey (Landed) Property Development of the Year (Southern) - Borey Maha Boeng TreaAffordable Housing Development of the Year - Borey Maha Boeng Trea Mid-Range Housing Development of the Year - La Palm ResidencesLuxury Housing Development of the Year - Borey Nadi Premium Condominium of the Year - Picasso City GardenCondominium Design of the Year - Picasso City GardenWaterfront Condominium of the Year - Wealth MansionWaterfront Condominium of the Year - Morgan EnMaisonMost Viewed Property 2022 - GC Orussey MarketSpecial Recognition - World Bridge Sport VillageThe Cambodia Real Estate Awards 2022 was sponsored by Panasonic and the new nanoe™X Technology offering 24/7 protection from bacteria & viruses.

The upcoming Siem Reap Angkor International Airport will be able to accommodate larger aircraft landing in Cambodia. Photo from Khmer Times.Siem Reap’s return to form rests on many variables, but few of them weigh as much as the upcoming Siem Reap Angkor International Airport. The new airport began construction in March 2020 and is currently over 20% complete, with the runway expected to be completed later in May 2022. Other facilities being constructed include roads, airport parking routes and landing systems.The new Siem Reap Angkor International Airport is a category 4E airport with a runway measuring 3,600 metres and a width of 45 metres. This categorization allows the airport’s runway to accommodate large aircraft commonly utilized for intercontinental flights.The new airport is located in Tayek commune, Sot Nikum district and is about 51km away from Siem Reap City proper and 40km away from the Angkor Wat temple. The move to build a new airport was due to rising concerns of potential noise and vibration damage coming from the current airport to the centuries-old Angkor Wat temples.During a recent site inspection attended by Prime Minister Hun Sen, His Excellency has high hopes that the Siem Reap Angkor International Airport will be operational by its initial opening date in Q4 2023.“Siem Reap Angkor International Airport will play an invaluable role in boosting tourism and the overall economy when it launches next year” said PM Hun Sen.The scale of the new airport allows it to incorporate special economic zones that can use the new airport as a logistics hub. Photo from Swift News.Completion of the airport’s first phase will allow it to accommodate more than 7 million passengers and 10,000 tonnes of cargo annually. It is worth noting that the Siem Reap Angkor International Airport is built on 700 hectares of land with a remaining land area of 1000 hectares earmarked for a special economic zone or industrial zone to be built near the airport as well as an expressway directly connecting the airport to Siem Reap city itself.Cambodia has led most of its regional neighbours in reopening its borders to international travelers by waiving requirements that discouraged ordinary travelers. In 2019, the country received over 6.6 million visitors only being stifled by the outbreak of COVID-19. Tourism in Cambodia is expected to gradually return and many onlookers hope the New Siem Reap Angkor International Airport will be ready by the time international travel returns to form.Looking for property in Siem Reap? Let us help!

The Global Tech Exchange (GTECH) is  the most anticipated commercial & retail project in Phnom Penh’s new city centre. Designed by AEDAS, the mixed-use development consists of two Grade A office towers, a hotel tower with a convention centre; and a dedicated data center. e - all located in Phnom Penh’s new up-and-coming downtown, known as Phnom Penh City Center. The New Multi-National HubThe Global Tech Exchange transforms the new city centre into a modern, sustainable, commercial and leisure hub. Complete with purpose-built world-class facilities, the Global Tech Exchange sets up foreign and multinational companies with unrivaled convenience within Phnom Penh.More than a hub for business, its location within the new Phnom Penh city centre sets up companies at the confluence point of a rich urban fabric meeting with the cultural diversity of the city and where creative ideas and breakthrough information is exchanged globally.Designed for Business To FlourishThe Global Tech Exchange stands out in the Cambodian capital with its glass facade creating an aura befitting a true business hub. GTECH’s glass walls allow for the optimum amount of light to shine and flow through the building, reducing energy consumption of businesses while letting workers bask in natural light - a luxury in today’s office market flanked between concrete and steel.The Global Tech Exchange was purposely built to accommodate the needs of the businesses of tomorrow through efficient use of spaces and expert office design. Much like the natural light that runs through its spaces, GTECH provides a flexible set of conveniences and support for businesses all across its commercial and retail spaces.The need for flexible yet structured space has been a reality many companies live by today, and GTECH ensures the businesses of tomorrow are well-equipped to take on the challenges of the future.A Sustainable LegacyA common concern among urban planners today is a building’s sustainability. The era of simply building a commercial and retail space without much consideration for its urban and environmental impact is long gone. The developers of Global Tech Exchange have looked into the needs of a booming city like Phnom Penh and laid itself as the groundwork for a new downtown that will stand the test of time.The Global Tech Exchange achieves this by making efficient use of its facilities for energy and water management. GTECH is capable of rainwater harvesting, taking advantage of Phnom Penh’s rainy season to build a sustainable water management system. Outdoor noise isolation is similarly built into the structure, blocking out the noise of Phnom Penh’s busy streets. Naturally vented places are found throughout the complex to allow Phnom Penh’s famed city breeze to freely flow from the outdoors to select indoor areas such as the commercial corridor and the car-parking podium.The Global Tech Exchange is a modern marvel and testament to both Phnom Penh and its developers’ commitment to a sustainable city.Award-Winning Property Management The multi-award-winning Knight Frank Cambodia, the country’s premier property management and agency, is the official commercial leasing partner at the Global Tech Exchange.“We are ecstatic to confirm that Knight Frank Cambodia has been appointed as the Lead Leasing Agent for both the office and retail space, having already previously been appointed as the Property Manager,” said Ross Wheble, Country Head of Knight Frank Cambodia. “Knight Frank is well known for dealing with prime and super-prime property across the globe, and we are grateful that the developer, Kingsland Group, has placed its confidence in Knight Frank Cambodia to partner on the leasing and management for GTECH”“Designed by world-leading architects and consultants, including Aedas and Arup, GTECH is a pioneering tech-enabled development that is set to become Cambodia’s premier business address,” said Ross on the minds behind GTECH’s architectural design.Ross explains that GTECH features two grade A office towers providing a combined net area of approximately 50,000 sq m, in addition to destination retail levels in the top floors or the office towers, over 8,000 sq m of net retail space on the ground and first-floor podium levels and the first Hilton Hotel in Cambodia. “It is a testament to GTECH’s high standard of architectural design, its prominent CBD location, and the overall quality and market positioning of the development,” he said.“GTECH is a unique project, not just in Cambodia but in most major cities, globally.” Ross highlighted that having a dedicated data centre attached to the project right in the heart of the CBD is a game-changer. “It will truly position the wider Phnom Penh City Centre project (PPCC) as the first smart city development in the Kingdom, future-proofing GTECH and PPCC for decades to come.”Looking for prime office spaces in Phnom Penh? Let us help!

Land and condos are the most popular choices for investment for property buyers in 2022, according to the latest Cambodia Real Estate Consumer Sentiment Survey. Photo by Khmer Times.Phnom Penh’s property market is picking up with renewed confidence from property buyers both local and abroad. The Cambodia Real Estate Consumer Sentiment Survey 2022, an annual study made by Realestate.com.kh, the largest real estate online classifieds portal in the Kingdom, was recently concluded and covered several aspects of the property market under COVID-19.Demographics of the SurveyThe Cambodia Real Estate Survey 2022 was completed by more than 2,300 respondents over a period of 3 weeks from January 14 to January 28 2022. The respondents are a mix of those born in Cambodia (47%), while 29% are Asian nationals, and 23% from Western nationalities. Our first Survey in 2016 had a 68% Cambodian response rate. After Cambodians, the single biggest nationality of respondents was Chinese.A More Affordable Sales MarketThe survey suggests more Cambodians believe that property is affordable now (82%) compared to 2016 (59%). However, wages have also increased since then, so it makes sense that property is now more affordable to buyers in Cambodia.Realestate.com.kh website data indicates real estate prices have generally decreased over the past 2 years. However, depressed prices have not flowed to land and landed property (such as boreys); in some cases, prices have increased. This was reinforced by the survey results indicating that a third of local respondents believed prices had gone up during the year. Therefore, it is not surprising that land remains a core investment target for local buyers.Land remains the most popular property type in 2022, followed by Condominium/apartments, Villas, Shophouses, and Linkhouses.Condo Rentals Back On The RiseAlthough house types (Shophouse, Linkhouses, and Villas) are the most popular properties to rent, 31% of all respondents indicated they wanted to rent a condo or apartment.Among only the Cambodian respondents, houses account for nearly a third of their preferences, while land also had a strong attraction. For Chinese (60%) and Westerners (47%), condos are more favourable, while Villas were their next biggest preference.Of the respondents, around a tenth have a rental budget of over $2,000 per month, indicating a healthy appetite for high-end rentals, especially around the BKK1 area. The vast remaining majority have a monthly budget of between $500 - $1,000, while nearly a fifth are in the $1,000-2,000 range.High Demand For Home LoansIn Cambodia, banks have historically focused on existing housing stock and properties within boreys (gated communities). A majority (56%) of all respondents indicated that they require a mortgage in order to purchase their property in Cambodia. Around a third of those surveyed currently have a bank or home loan. As more Cambodian buyers start to consider condominiums, some banks are starting to offer special financing options for local condo buyers.Download the 2022 Real Estate Survey by scanning the QR Code below.

Realestate.com.kh enters into a strategic partnership with Beike Realsee to bring cutting edge technology to Cambodia’s property sectorPhnom Penh, Cambodia - Australian-based Digital Classifieds Group (DCG), the company behind Cambodia’s leading real estate platform Realestate.com.kh, has entered into a strategic partnership with one of the world’s largest property technology companies, BEIKE·REALSEE.DCG is a rapidly growing digital marketplace business with operations in Cambodia, Laos, Papua New Guinea, and Fiji, while BEIKE·REALSEE Inc is a global property technology pioneer.The new collaboration with BEIKE·REALSEE will commence with technology sharing and expand over time to include other aspects of the property ownership journey such as marketing and sales.The first product launched in collaboration with BEIKE·REALSEE is the company’s Virtual Tour technology developed by the firm’s Realsee division. Realsee’s Virtual Tour product facilitates high-quality, low-cost virtual tours for the benefit of property developers, agents, and most importantly, property seekers.BEIKE·REALSEE’s self-developed Galois Laser VR Device has already won the Red Dot Design Award for its outstanding performance and superb product design. The three-dimensional rendering, scale, and room details allow online VR viewings that are comparable to real-world viewings.Tom O’Sullivan, CEO of Realestate.com.kh, said the company is excited to add to their range of cutting-edge technology and continue working with market leaders within South East Asia.“Realestate.com.kh and Beike have the vision to transform the property ownership experience leveraging technology, and BEIKE·REALSEE are the clear global leaders in this endeavour. This world-first partnership will bring tangible improvements for property seekers on the Realestate.com.kh platform, ultimately bringing huge benefits to our real estate agent and property developer customers. It will also help Beike better understand the Cambodian market and allow Realestate.com.kh to gain valuable experience from a global PropTech leader. We are very much looking forward to working together.”“Realestate.com.kh is at the forefront of adopting technology and using virtual reality for marketing; Realsee’s virtual site visits will bring our user experience to the next level. Given the pandemic, customers often feel safer viewing properties remotely, the VR showcases allow us to work effectively with local and international clients whilst still delivering ultra-immersive property viewings,” said Tom O’Sullivan.Brett Hartley from BEIKE·REALSEE division noted “The partnership represents a unique opportunity to accelerate the digitisation of real estate services in emerging markets by tapping into DCG’s near unmatched reach across the Asia-Pacific.” Adding that “Placing technology and transparency at the core of property transactions and is fundamental to both companies’ business models. We are excited to see this partnership develop.”The strategic MOU further strengthens Realestate.com.kh's market-leading position with the company also signing a Memorandum of Understanding with market-leading tech-enabled real estate brokerage the FazWaz Group for the Cambodian property market in November 2020.Schedule a test for Realsee VRAbout Digital Classifieds Group (DCG)DCG owns a portfolio of South East Asia and the Pacific’s leading and fastest growing online marketplaces. Since its founding in 2013, Digital Classifieds Group has built the dominant real estate and general marketplaces businesses in Cambodia, Laos, Papua New Guinea and Fiji.DCG has attracted investment from a range of equity partners, including Mekong-based Belt Road Capital.For more information, please visit DCG’s official site: http://digitalclassifiedsgroup.comAbout Realestate.com.khEstablished in 2009 by Cambodian National Moek Chenda, Realestate.com.kh has grown to be the leading real estate platform and marketing company in Cambodia, working with the nation's leading real estate agencies, developers and lenders. In 2015, Australian-based DCG partnered with Moek to develop the business rapidly.The platform, available in Khmer, English, Chinese, French and Thai languages, has over 30,000 properties for sale and rent, and tens of thousands of property hunters visiting the website and app each month.For more information please visit their official site: http://realestate.com.khAbout BEIKE·REALSEEKE Holdings Inc. is a leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building the industry infrastructure and standards in China to reinvent how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform.With 20 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build the industry infrastructure and standards and drive the rapid and sustainable growth of Beike.

There are multiple documents to prove property ownership in Cambodia. Some apply to residential property while others are more catered to large development projects. As a property buyer, it is important to know the basic differences between them to save yourself headaches in the future!The Most Important Property Ownership Documents in Cambodia:1. Certificate of Ownership over Immovable Property a.k.a. Hard TitleThis property ownership title is the strongest form of ownership in Cambodia. Only available to Cambodian citizens, this title is recognized on a national level. It contains a QR Code that leads to information about the property and may contain information including GPS coordinates of boundaries.2. Strata TitleStrata Title is a nationally recognized form of property ownership applicable to private units of co-owned buildings such as condos and office buildings in Cambodia. This is the only property title wherein foreign nationals can be the direct property owner.3. Certificate of Perpetual LeaseThe Certificate of Perpetual Lease is a title issued by the Ministry of Land Management, Urban Planning and Construction (MLMUPC) usually for the purposes of land development.4. Letter of Transference of Possessory Right over Unregistered Property a.k.a. Soft TitleThe Soft Title is another property ownership title similar to Hard Title but is only issued by local authorities. Although a valid document, it is highly advised that owners of this title convert it to Hard Title for it to be recognized on a national level and prevent unwanted disputes in the future.5. Certificate of Economic Land ConcessionThe Certificate of Economic Land Concession is another ownership right issued by the government through the MLMUPC for the purposes of land development usually made by large conglomerates in Cambodia.6. Certificate of Perpetual Lease over Private UnitThe Certificate of Perpetual Lease over Private Unit is a form of ownership for long-term tenants in co-owned buildings such as condominiums or office buildings in Cambodia.7. Certificate of UsufructThe Certificate Usufruct is a legal form of ownership given to a person, group, or entity that allows them to utilise and derive benefits (including monetary) from another’s property.8. Immovable Property Lease ContractThe Immovable Property Lease Contract is a written document outlining the terms of the property lease made between the owner and the lessee. This contract gives the lessee the formal right to occupy and utilise the leased property in accordance with the terms of the contract.9. Government DocumentThis can be in the form Prakas, Decree, or Sub-decree issued by government ministries. This document is usually awarded to either public or private entities and serve as nationally recognized forms of land ownership in Cambodia.10. Certificate of Common OwnershipThe Certificate of Common Ownership is a unique form of property ownership as the document grants rights to a community and not an individual. The title contains specific information on the community’s name, as well as information on the property’s location, size, boundaries and its usage.These are the most common forms of property ownership documents in Cambodia. If you are someone looking to own property under special circumstances, do not hesitate to reach out to our property advisors.Property Concierge Service