Jay Cohen, Director and Partner of Tilleke & Gibbins Cambodia, joined Ivan Cano, Content Manager of Realestate.com.kh, in sharing an introduction to Guaranteed Rental Returns.Cambodia’s property market has seen massive growth and changes over the past decade. The influx of foreign investors made the landscape quite the competitive field and many new property investment opportunities throughout the Kingdom now come with Guaranteed Rental Returns (GRR).What are Guaranteed Rental Returns?In layman's terms, GRR is a future rental income that is guaranteed by the developer or management company to the property purchaser for a contracted period of time after the purchase agreement is signed.For example:Property Price$100,000Guaranteed Rental Return (GRR)6% per yearGRR Period2 yearsExpected Rental Return$12,000 over 2 yearsSharon Liew, CEO of Huttons CPL, notes that Guaranteed Rental Returns is a reassurance scheme for new investors looking to try out a new, somewhat uncharted international market. Standard net returns being advertised in the condos and new developments market range from 4 percent to 9 percent, normally for a two to five year period.Key considerations for Guaranteed Rental ReturnsFor potential investors faced with promises of Guaranteed Rental Returns, there are several points to consider before signing that dotted line.Make sure the GRR is on a contractual documentFirstly, it is crucial to find out exactly what is underwriting the guarantee. If it is merely a paper promise it is potentially illusory - a marketing exercise that will collapse after the developments launch. However, if there is an actual contract in place, containing the potential for legal recourse should the income not be generated, the GRR presents some value.“If there is a GRR scheme, the investor needs to make sure the GRR is set out in writing,” said Jay Cohen, Partner and Director of Tilleke & Gibbins Cambodia, highlighting the importance of having the Guaranteed Rental Return rate in writing. “There needs to be some sort of contractual document that sets out the rights to the GRR”Guaranteed or Gross Rental Returns?After setting the GRR out in writing, investors need to consider additional costs that may reduce an investor’s expected return; a common mistake that some novice investors make is to take the Guaranteed Rental Returns being offered as a reference point to calculate their returns.Jay Cohen notes that investors need to be careful and understand what other costs may be imposed by the developer that may reduce their GRR. “Often in GRR schemes, there may be other costs that will reduce that amount. For example, management fees, sinking funds, utilities, furniture packages, and property taxes” he said.For example:Property Price$100,000Guaranteed Rental Return (GRR)6% per yearGRR Period2 yearsExpected Return$12,000 over 2 yearsManagement fee per month$125 ($1,500 per year - $3,000 for 2 years)Utility bill per month$80 ($960 per year - $1,920 for 2 years) Expected return: $12,000 after 2 yearsCosts over 2 years: $4,920 (Management fee + Utility bill)Net Return Return: $7,080 over 2 yearsJay emphasizes the importance of having the GRR and the associated costs of owning the property to be on a contractual document and from there, understand what is their net return over the contract’s expressed period of time.Sam Kiers, Director of Sales and Marketing at Elevated Realty, agrees: “This ultimately leads to investors seriously considering the time it takes for the investment to turn profitable.”Desmond Yap, General Manager of Yong Yap Properties, believes that if it is the developer offering GRR, it is fair to assume they have done their calculations and have ensured they will not create a loss of profit for their company. “Thus, in effect,” says Yap, “the buyer is paying for their own Guaranteed Rental Returns.”Know the going rate of similar propertiesJay Cohen notes that developers often look at surrounding properties of a similar tier along with calculating their desired ROI to come up with a GRR offer. Jay additionally impresses on investors that it is not uncommon for developers to inflate the rental guarantee figures to create a good impression on buyers considering the longer-term benefits of their investment. The opposite is true as well that a developer can undercut GRRs if they are confident they can rent/lease the property out for a much higher price.For investors, another consideration about any GRR promise should be whether the rental income figure appears realistic and achievable in the current market, keeping in mind where the property is located. If it is clearly unrealistic, the investor should foresee a dramatic reduction in returns on their unit once the guaranteed rental period ends.Sharon Liew explains that “In general, the projected GRR is usually lower than the market rental rate by about 20 percent, to protect the developer from any losses - this means, that anything higher than 20 percent (per year) is likely too good to be true.”What happens after the GRR period ends?“After a GRR period ends, the investor takes over the property and they have an obligation to lease it out themselves,” said Jay Cohen. Depending on the developer, they may offer their services to lease an investor’s property post-GRR for a nominal fee/arrangement. Jay Cohen emphasizes that this should be spelled out in a contractual document to avoid ambiguity or the requirement of additional services resulting in more fees.Do a background check on the developerIt is advisable that the buyer must consider whether the developer or their property management company in fact has the ability and resources to manage the property properly and sustain rental tenants for the property over the guaranteed period.Liew confirms that “The developer’s credibility and presence in Cambodia are extremely important, as most GRR only kicks off after the development is complete. This makes upfront rebate on Guaranteed Rental Returns a more attractive option.”Look for an experienced property management operation, with past success in the local market.“Be sure to check the validity of the GRR agreement and the quality of the management team," says Desmond Yap, “and, if possible, see how the management company is arranging their finances.”Force Majeure, enforcement, and dispute resolution of GRRsGuaranteed Rental Returns in Cambodia came at a time when the real estate market was booming. Business travelers and tourists were flying in and Cambodians from the countryside were flocking to big cities like Phnom Penh to find work - constituting a large base of property buyers and renters. But COVID-19 has disrupted this growth.So can the developer reduce the GRR under certain situations? Can the developer altogether stop paying the GRR if there’s a force majeure event? “It depends,” says Jay Cohen. He reminds investors that the GRR is a contract between the purchaser and the developer. “Whether the developer is allowed to reduce the GRR because of events like a pandemic, or a force majeure event, that really comes down to the nature of the contract”.Cambodia has legal concepts of force majeure. Jay says that developers may rely on this law but warns this may be a difficult issue as it is not clearly spelled out under Cambodian law.He suggests that a “dispute resolution” be negotiated between the investor and the developer. “Give some thought to dispute resolution,” he said, “the agreement may be regulated by Cambodian law, and may give investors the choice of the Kingdom’s courts or arbitration”.“Arbitration in Cambodia may be a good path as it’s faster. So that may be a way to enforce the agreement” he said.Recap and additional tips when considering Guaranteed Rental Return offersJay Cohen reminds investors there should be a document aside from the Sale-and-Purchase Agreement (SPA) that clearly sets out the GRR, obligations of the developer, and any other additional expenses to be shouldered by the purchaser.Additionally, even if a GRR is reasonable and competitive, they are not the sole indicators of a good investment. Saraboth Ea, Managing Director of  Maxem Property warns, “GRR needs to be considered amongst many other factors that determine whether an investment is a good value or not. This will consider the buyer's objectives and investment timeline, which varies from individual to individual.”“As the market matures,” continues Ea, “We hope to see developers put less emphasis on rental returns, and establish a good balance between local buyers who will reside in the property versus those who buy purely as an investment.”Looking at both sides of the Guaranteed Rental Returns debate, the rental guarantee is important for investors who need immediate reassurance on their investment - however, the guarantee is only as good as the strength of the company offering it. Ea says that a healthy skepticism around GRR is only natural in Cambodia, as it is a relatively new concept for local buyers and investors: “Rather than being the sole incentive for a buyer, we view it more as a gauge of the developer's confidence in their project.” Looking for property investment in Cambodia? Let us help!Article by:

Mortgages (or home loans) are an essential consideration for most people buying, selling, or simply owning a home. While the concept of borrowing from a bank or lender appears simple - home loans can be a lot harder to understand than you might first think. However, realestate.com.kh is here to help with our “mortgage matters” series. And when you are ready to consider a loan more seriously, we can even put you in touch with Cambodia’s leading lenders.Inquire for a home loan here.Drawing on  the experience of others who have mortgages (any number of your friends and family who already have a home loan), and with a little extra homework, we believe that any body can make sound financial decisions.What is a Mortgage?A mortgage is a loan, quite simply, with your house and land used as security for that loan. That means, if you don't pay back the loan in the prescribed time frame, the lender (usually a bank) has the right to foreclose your home. Foreclosing means to take possession of a mortgaged property when the mortgagor fails to keep up their mortgage payments. Basically, the bank takes your home and sells it to settle the debt. The loan is secured by a “lien” (in other words, the "mortgage") against the property in question (your house and land). The lender still doesn't own the house, you do. But if you can't pay, they have the lien with your house as their collateral/security.  You still have full ownership rights - yet subject to the mortgage.When looking for your first mortgage is it most important to consider two things: What you can actually afford?What you can borrow?Why are these two questions different? Because, the lender/bank is never going to look at how much you spend in a month on partying with friends, or movies and dinner, or how happy you'll be with a big payment.Put in your loan requirements in realestate.com.kh's mortgage calculator now! In reality, they may well be willing to loan you considerably more than you think you can spend on your home mortgage. You must consider this seriously - because only you know how much flexibility your lifestyle and spending habits have, which ultimately determines how much you can afford when searching for a new home. If you miscalculate this - you risk not being able to satisfy payments and ultimately losing your new home.Learn more about how to budget better for you and your family here.A lender/bank will look at your income, and future income potential vs. your proposed debt, as well as your bank savings and credit history. Having considered these factors, the bank will then determine how much of a risk you'd be for the lender/bank to take on and issue a loan. Meanwhile, they look at the value of the house you want to buy, and potential future value, and compare against the interest rate of the loan you'll be getting. After this analysis, the bank/lender arrives at a loan amount that they consider a healthy risk. If all things go to plan, this loan amount will match (or potentially exceed) what you need to satisfy your down payment and the final price of the house you want to purchase.Read part 2 of Realestate.com.kh’s “mortgage matters” series. And when you are ready to consider a loan more seriously, get in touch with Cambodia’s leading lenders.

Whenever renting a new house or commercial space for business, the things that grab our attention first and foremost are the location, price and the supporting lease clauses. However, we often miss out on and overlook certain small but equally important things. You should remember that your final lease agreement is not going to include a lot of important stuff that will ultimately make or break the rental agreement, and this could well be the same stuff that even your landlord or broker won’t reveal pre-contract. Read another Checklist for Securing your Dream Rental Here.Here is a few extra things to consider above and beyond the rental agreement, thanks to Realestate.com.kh:How's the Landlord?Always do a background check of your landlord to make sure everything is above board. This need not be a difficult one, or necessarily call on any official records. Neighbors and grocery shop owners in the vicinity are often the best sources that can help you ascertain your prospective landlord’s nature and his ownership over the property. Also, you should check how far or close he or she lives from the rented apartment. A  landlord who is too nosey is sometimes equally as bad as an extremely laid back one. A lot of good apartment rental experiences are ruined because of landlords - so work out fast whether or not yours in a keeper. Also, try to speak with past tenants. The landlord may be able to provide contact details of the last tenant. If he or she does, call them - and get the down-low on the property and the landlord before agreeing to sign on.Meet the Neighbors:Similar to the above regarding landlords, a bad neighbor can ruin your rental experience. Try to meet your neighbors before finalizing the house agreement and find out whether they will have an overbearing influence on your life. Consider their set up too - is it a family living beside your house or a bunch of young guys? This will make a difference to your satisfaction once the contract is done - so find out before the point. Visit at night:Visit the area where your new residence resides at night to check its safety. A neighborhood that’s calm during the daytime can turn into a very noisy place at night time. Does a KTV open next door after 7pm? Is the entrance to your prospective home lighted sufficiently? Do you feel safe in the new area? If you don't, you can bet your family won't.Is your pet allowed?Find out your landlord’s stance on pets, if you have any. Many landlords don’t allow pets, so finding one which does can often be a challenge for the renter with fluffy friends.Consider the local commute:Try and get to work, or school, from the new house - before agreeing to live there. Many times,  our commute related research is merely based on the rough distance between your home and destination. Walk through your travel route and see how easy and efficient it really is.You’re now ready! Get on Realestate.com.kh/rent today and start the search for your dream rental! Of course, Realestate.com.kh’s 6000+ rental listings make it effortless to see what is available across the Cambodian rentals market. Read another Checklist for Securing your Dream Rental Here.

Finding the perfect rental can be a taxing experience. Of course, Realestate.com.kh’s 6000+ rental listings make it effortless to see what is available across the Cambodian rentals market. Yet, when it comes to inspections, the bulk of your search and consideration usually revolves around technical aspects of the new home, such as proximity to your office or your kid’s school, your budget, the number of bedrooms and the like – it is easy to overlook some of the smaller but equally important details during the heat of the viewing. Here’s a checklist, thanks to Realestate.com.kh, to ensure you’re not forgetting anything! Additional costs: Most rental rates are exclusive of extra monthly charges. Monthly maintenance, waste collection, gas and water rates, electricity bills, bond payments etc. can add to the monthly rental price significantly – so make sure you inquire about all extra expenses while you are viewing. And confirm them in the rental contract before signing. Expect to pay no more than 1000Riel/$0.25 per Kilowatt for electricity, $5 per month for water charges & trash collection and $5 per month for TV cable connection. Read the contract: Seems like a no-brainer – but read your rental agreement with care and attention. Learn the ways in which you can be liable for a breach of your contract, for example having pets or parties – different land lords’ stipulate different reasons for being allowed to throw you out, so make sure you know what the land lord in question expects of you before you agree to stay. Get the right title!Everyone haggles! Always bargain the price with your landlord no matter how it makes you feel. Learn how to haggle here. The same goes for your real estate agent. Remember, that while your real estate agent is acting in your interests to some degree – they are ultimately acting on behalf of the sale, and their commission will be higher if the final agreed price is higher. If you are applying for a long term rental, 1 year or over, use this as a bartering tool. Also, while the landlord may not be flexible on monthly rental price, you may still be able to push them for additional services or home furnishing/appliances for free as contract sweeteners. An upfront advance on your first few months’ rent may also be an enticing bartering point for landlords looks for a fast cash injection in the short term, but ensure everything is receipted correctly. Here's some tips to finding the perfect agent.Safety First: Regardless of what your agent tells you, be personally responsible for you and your family’s safety when considering any new rental property. Walk around the neighborhood of any property you are considering renting, speak with neighbors (and other tenants if it is a shared building) and come back to the area at nighttime and make sure no hidden threats appear when the sun goes down. Also, always consider the potential for flooding. A 24 hour review is necessary to note any noise hazards too – there may be construction in the afternoon that you never noticed at the morning viewing, or a night club could open at night next door. For a little extra attention before agreeing to the rental contract, you can truly understand the pros and cons of the property. Little Things: Check faucets, door hinges, locks, door knobs, power points, appliances, water heaters and gas cookers before agreeing to rent. Most of the time these things look perfect until further investigation - but if you catch minor problems now, you can ask the landlord to fix them before the agreement is settled. Here is a pre-purchase property checklist.Bug Free? Keep your eyes peeled for any signs of a bug infestation. It is not uncommon and it’s easy to miss signs that your new home is shared by a family of cock roaches, termites, mice or other pests. Unless it’s a critter co-lease you’re looking for, find out before it’s too late. Photo Evidence: Before agreeing to the bond payment, take photos of every room in the house while it is empty. In these pictures, make sure you evidence any preexisting damage to the property. This way, when your contract eventually ends, the landlord has no grounds to deduct wear and tear damages from your deposit that in fact you weren’t responsible for. You’re now ready! Get on Realestate.com.kh/rent today and start the search for your dream rental!

Realestate.com.kh offers a range of products that help real estate agents in Cambodia build their brand, increase inquiries and ultimately sell more property.We are not agents here at Realestate.com.kh and we do not take commission – but we do seek to provide the best possible online real estate buying and selling experience for both home buyers and property sellers.Realestate.com.kh has many ways to help Cambodian real estate agents professionalize their business – at very little cost.Realestate.com.kh can design and build your agency a modern and highly functional website, tailored to real estate agent needs, at very competitive prices – and we also offer leading CRM technology to manage your listings and your real estate sales team. For this reason, Cambodia’s best real estate agencies already have accounts on Realestate.com.kh. To make matters even easier, your listings can be automatically exported to Realestate.com.kh’s listing database at the same time they are uploaded to your agencies website.People come to Realestate.com.kh for one reason – to search for property – and for this reason, they stay on site for a long time, checking the latest properties that suit their search criteria. For agents, there is no need to waste your time and money listing property on other classified websites where user traffic is not related to property.Meanwhile, make more money from your listed properties by inviting international investors to view your listing. Realestate.com.kh has a high level of traffic from international investors, around 30-40% of all traffic, and for those agents that choose “Featured Listings” on our site, we can export that listing to international property portals around the world. ListGlobally, a partner of Realestate.com.kh, is the largest international real estate advertising network in the world and publishes property listings on leading property portals around the world – including all featured listings from Realestate.com.kh.Furthermore, when an agent decides to “Feature” a listing on Realestate.com.kh, we do not allow another agent to request to feature the same listing. This allows you to act as the exclusive agent for that property – as it will automatically be the highest on the property list. Banner advertising on Realestate.com.kh is another great way to drive relevant traffic to your agency’s website.If you are an agent wishing to list your property on Realestate.com.kh, contact us today at info@realestate.com.kh or 017436756 and we'll be happy to help you grow and professionalize your real estate businessthrough our website.

Eastland Development (HK) Ltd has entered the Cambodian property market with grand promises to provide high quality residential and commercial property solutions to Cambodian nationals and international investors. Furthermore, Eastland intends to do so with the highest standards of corporate credibility and professionalism in all their activities. The first of these projects to reach completion will be the East One International Apartments complex, located on the corner of Street 51 and Street 214, Duan Penh, providing luxury high rise living in the heart of Phnom Penh. The next project in the pipeline is the East View Residence and East Commercial Center (ECC), set to become an entrepreneurial hub for young Cambodian and international businesses looking to find their feet in the Cambodian and ASEAN marketplace. Other projects in the pipeline for Eastland include a high-star luxury hotel project and a modern shopping mall development, both set for design in the not so distant future. Eastland’s long term partners in all of these projects within Cambodia include the China State Construction Engineering Corporation, China’s largest and most renowned construction company, and Buildwork Asia, a full-service property management company from Japan with over 50 years of experience in the property management industry.

A lot of people talk about buying investment property. However, this is not always as simple as it seems. To make any property a lucrative investment, you need to buy the right investment property and you need to manage it correctly.Here are the top three ways to make your real estate earn extra income for you and your family. Missed #1? Click here to read them first!#2 - Buy a Property to Live in with High Appreciation Potential: This is what most people immediately think when they think of the term “Investment Property.” Invest in real estate that you will live in yourself, and hope that while you stay there, the price of the land will rise enough to cover the mortgage that you took out to initially buy the property. If the property appreciates sufficiently while you stay, you will make money on top of the mortgage and this is your end profit. This is also an investment suitable for those who don’t want to rent a property. When you rent for a long time, you might feel like you are wasting money by giving it to your landlord. If you buy the property, this money you would have spent on rent is instead going to be spent on the mortgage repayments. When you are ready to move from the house, you have the opportunity to make money on top of any costs of the mortgage. But remember:This is a much harder game if you don’t have upfront cash to buy the property or subsidize the loan – because the mortgage repayments are going to eat into your investment earnings.It also requires a better understanding of the real estate market trends that you are in, as you must find a property that will appreciate reasonably quickly.This investment tactic tends to take longer – in that you may need to wait for many years before the property appreciates enough to be worth selling again.It also requires economic stability during that period, increasing the risk.But, if you choose the right property, in an area appreciating fast, this type of investment strategy can work. And meanwhile you always have a place to live. Here’s what to look for:Property and land tends to appreciate naturally as other things develop around it, so when you look for an investment property to live in, try to choose upcoming areas. Places where maybe the level of infrastructure is currently lower – but clearly rising quickly.Don’t buy in areas which are already fully developed, unless you get a very competitive price when you buy the property. The appreciation in these areas is likely to be slower.Look to see where other people are choosing for investment and speak with real estate agents.Always research the market before buying a live-in investment property.A note regarding Land Investment: If you want to simply invest in land – you must invest at or below market value. If you spend too much on a land investment, your risk that it won’t increase in value is high, and meanwhile, you get no benefit from the property what so ever.Read #3 Here

A lot of people talk about buying investment property. However, this is not always as simple as it seems. To make any property a lucrative investment, you need to buy the right investment property and you need to manage it correctly. Here are the top three ways to make your real estate earn extra income for you and your family. Missed #1 or #2? Click here to read them first!#3 - Buy a property, Increase its Value, and Flip It: Potentially the fastest way to make a return on your investment is to buy an investment property that you will be able to improve through renovations and then sell for more than what you originally bought it for. Yet, no money is easy money – and some investors do not consider the true costs and skills necessary to buy, fix and flip property.One way to do this is to invest in a ‘property with potential’:A property with potential is one which is currently underdeveloped – but has potential to be a very attractive property with a little work and money.Yet, again, location is everything when it comes to re-selling property. So not everyone has money to buy in the right area and then spend money developing the property.Remember - Always get a professional valuation before you purchase any investment property, and this will help you find out how you can realistically increase the properties market value.Once you have developed the property, re-value it and see where its market value has moved to.There is no doubt that this option requires significant upfront capital – cash now. But if you have it, buy more and get a discount:Developers and other property investors with various properties will often give a much better price if you are willing to buy a number of properties.The money you save with this bulk discount can be used to improve the property for resale.You could consider buying a whole floor of a condominium building, for instance, then live in one unit while you rent out the others, or renovate the others for resale yourself.Then, sell all of the units at a higher price when the land beneath the condo appreciates.Missed #1 or #2? Click here to read them first!

Sihanoukville is Cambodia’s only seaport, a crucial import/export hub for the massive garment and agriculture industries - and, simultaneously, a tropical holiday resort destination on Cambodia's southern coast. Due to these two features, Sihanoukville city is growing rapidly and is an increasingly important Cambodian economic center. The Sihanoukville real estate market is diversifying fast too. Thankfully, in contrast to the neighboring beach/port areas in Thailand and Vietnam, Sihanoukville does not suffer from the threat of major flooding, typhoons, tsunamis or earthquakes. Even during the rainy season, the coast of Sihanoukville happily hosts guests. This is certainly a positive thing for the Sihanoukville real estate market. Although tourism has increased rapidly over the past years, the beaches of Sihanoukville remain some of the most unspoiled and picturesque in all of mainland Southeast Asia. Major improvements are also being made to Sihanoukville's airport currently, and plans are supposedly in place to build an international airport on the island of Koh Rong in future. Tourism in the province is expected to see a large boost in coming years, and the Siem Reap real estate market is certainly reflecting this. Tourism clearly defines certain sectors of the Sihanoukville real estate market, and land prices directly reflect this in tourism hot spots around the city, and along the coast.However, because Sihanoukville has been developed as a tourism destination in a relatively short space of time. What was once a city defined by scattered bungalows - and very little else - is quickly being replaced by high-end resorts and beachfront condo developments, casinos, world-class golf courses and monopolized mass tourism networks. These dramatic changes are not-surprisingly putting pressure on amenities such as water and electricity throughout the city of Sihanoukville, especially near the largest new developments. Nevertheless, power cuts and water shortages are much less frequent in Sihanoukville than smaller, less-developed tourist destinations such as Kep, Kampot or even Battambang. Keep these infrastructural considerations in mind as you choose which part of the Sihanoukville real estate market you wish to buy property in. For those businesses and individuals wishing to ensure consistently stable electricity, backup generators are a common sight in Sihanoukville. They are a cheap and dependable option. This is standard practice for the majority of major hotels, resorts and restaurants in Sihanoukville. Renewable electricity solutions are also increasingly available throughout Cambodia, especially in regards to wind and solar power. Renewable power solutions can be bought and installed at very competitive prices in Cambodia, and offer significant financial rewards in the longer-term - as they lessen dependence on the grid. Water is predominantly city-sourced in Sihanoukville city. For property owners this might mean the occasional shortage can occur in Sihanoukville. Drilling a deep well is an option chosen by many with high water demands in Sihanoukville; yet, keep in mind that water may still require proper filtration once pumped. Alternatively, and considerably more inexpensively, water banks are a solution recommended by many Sihanoukville property owners with high, or consistent, water demands. Cambodia's only deep-sea port is located in Sihanoukville. Plans have recently been announced to increase the capacity of this port through sand dredging. Sihanoukville deep sea port can currently only host “feeder” vessels. What this means, is that any long haul sea freight being imported or exported from Sihanoukville must first connect to larger “mother” vessels at deeper-water regional ports, such as the hub ports of Hong Kong or Singapore. Only after transferring freight cargo from feeder vessels to these mother vessels can it then depart to final destinations in the US or Europe; or, in the case of import freight, landing in Cambodia at the Sihanoukville port. When this port expansion is completed in 2020, mother vessels will be able to dock at the Sihanoukville port. This will mean costs for importers and exporters operating from within Cambodia will be significantly reduced, as will the time it takes to reach final destinations worldwide. Significant reserves of offshore oil have been prospected near Sihanoukville and are currently being sold by the Cambodian Government to various international extraction companies. Because to these potential resources, a considerable amount of international aid has been poured into Sihanoukville to improve the infrastructure of the province so far. No doubt, in the future, as the oil is sold and extracted, the city’s infrastructure will develop hugely. Now might just be the perfect time to stake your claim in the Sihanoukville real estate market before prices soar in future - so you had better get there fast...

While appraisals are generally performed by skilled professionals, anyone involved in a real estate transaction can benefit from gaining a basic understanding of the different methods of valuation.When you use professional and independent property valuation services, you get a properly estimated value of your property.Read news about changes coming for the Cambodian Valuation industry HereMaking an investment in property is only an attractive option because you assume you will gain good returns from it in the future. However, to see the value of that property rise, you must make sure it is valued corrected, and by a trusted appraiser whose valuation will be widely respected. Accurate real estate valuation is important to mortgage lenders, investors, insurers, tax collectors and buyers and sellers of real property. Valuation services are available for different types of property and are not restricted to residential property. You can find them available for offices retail outlets, industrial estates, hotels, and any other real property. For most people, determining the asking or purchase price of a property is the most useful application of real estate valuation.How is a Property Valued?The property valuation report includes all features of the property and helps you, the owner, and prospective buyers, to understand its exact current condition.The goal of an appraisal is to determine a property's market value: the most probable price that the property will bring in a competitive and open market.An estimation of your property’s current worth or “market value” should consider any prior valuations of your property, suburb valuation trends, owner information, selling history, transfer history and comparable sales in the area.The property valuation gives an estimated market value of a property which is determined using various property industry sources, such as information from the relevant Cadastral office where the property’s title was certified, recent sales statistics, property specific details and relevant price trends.Unlike many consumer goods that are quickly used, the benefits of real property are generally realized over a longer period of time. Therefore, an estimate of a property's value must take into consideration economic and social trends over time, as well as governmental controls or regulations and environmental conditions that may influence that value.A Professional Valuation will, therefore, consider:Demand for that property - the desire or need for ownership supported by the financial means within the market to satisfy the desire;Utility of that property - the ability of your property to satisfy future owners' desires and needs;Scarcity - the finite supply of competing properties of a similar type and description; and -Transferability - the ease with which ownership rights over your property are transferred.Want to learn more about how a valuation can benefit you? Learn more and get a valuation today - right here on Realestate.com.khA comprehensive and respected valuation report will serve you in many ways. Here are just a few:Selling your Property: If you want to sell your property and need to find out the appropriate price, using the services of a property valuator is the best choiceBuying Property: When you are interested in buying new property and need to make a pre-purchase assessment of it, you can find all the information that you need by taking up the services of a property appraiser.Tax Compliance: In case of a matter related to tax payment, a valuation of the property by property valuators is necessary to determine tax liabilities fairly and openly.Assessing Rental Rates: In a situation where you wish to lease out your property and need to set an appropriate rental cost based on the qualities of your property, a property valuation service will be useful in determining the amount based on your property’s value.Legal Settlements: For settlement of property rights between members of the family, matrimonial settlements, litigation settlements, etc. you need to know the appropriate value of the property in order to divide it fairly.Mortgages and Loans: In order to borrow money from the bank, you need to provide information of your real assets by which you can guarantee the loan. A good valuation will help guarantee your next loan or Mortgage.Insurance: When you have to get the value of your property for the purpose of insurance cover and claims, nothing can get the matter through faster than hiring the services of professional property appraisers.Increasing the Value of your Property: By understanding how your properties market value increases according to the criteria of the valuation report, you can upgrade features of the property to increase that value in time for the next valuation. A valuation report allows you to objectively analyze your property, and any business ventures attached to that property, and improve its market value.Ready to find a property valuation expert? Look no further! Through Realestate.com.kh’s “Valuation” page, we can put you in touch with a professional property appraiser near you, suitable to your property valuation requirements. Get advice on a Professional Property Valuation HERE.

Selling or renting a property that you own is unlike any other financial transaction you will undertake in life; after all, most people’s biggest asset is their home. For this reason, selecting a Cambodian real estate agent is a major decision.Locating the best person to manage the sale or rental of your home or investment property, is crucial to obtaining the best price for your real estate investment in Cambodia. The real estate market in Cambodia is largely unregulated and, therefore, it is critical to make a good judgment of your Cambodian real estate agent.This is the Realestate.com.kh guide to help you select a Cambodian Real Estate agent that is right for you.What are some great skills an estate agent should have?But before we jump into the detail of sourcing, interviewing and assessing the performance of your Cambodian real estate agent, it’s important to know what traits a great real estate agent should have:An ability to meet expectations at each stage of the sale or rental process.An understanding of Cambodian property titles, and the laws & taxes, as well as common practice within these domains.The agent exhibits interest in meeting or exceeding your expectations.Positive referrals from former clients (consider social media, blogs, friends and family).Thorough knowledge of similar properties for sale or rent in your relevant market (this is especially important in the big cities of Phnom Penh, Siem Reap and Sihanoukville).Being prepared to be open and frank regarding the prospects of achieving your goals to rent or sell the property.How to find a Cambodian real estate agent:The Cambodian real estate industry is generally subject to few local laws. This means there are thousands of individual people who call themselves agents. This can make it extremely difficult to find a professional real estate agent, especially outside of the major cities of Phnom Penh, Siem Reap and Sihanoukville.The first place you might look at is the Cambodian Real Estate Agent Directory at Realestate.com.kh. Use the "Find an Agent" section to generate a shortlist, after which you should interview the agency (see our tips below), review feedback from former clients in blogs, Facebook, Twitter and other external publication online.If there are recommendations from former clients it is a good sign that the agent is reputable. From there, book an appointment with the agent. Generally, Cambodian real estate agents will suggest making an appointment at the property location. This is common as it enables them to perform an appraisal on the spot.Indicators that suggest the agent/agency is professional:The following are good indicators that the agency or agent you are considering dealing with is professional and committed to a high standard of ethics: Operating a trust fund: Trust funds are a great sign that the agency is serious about their business and protecting their client’s interests.Works from an office: Agencies who have premises with multiple staff are usually credible businesses.Has a website/conducts marketing: Agencies who have websites, conduct newspaper and online advertising and generally have good marketing are ordinarily serious businesses with a commitment to their profession.The Interview process: The interview process should be one of investigation to ensure the agent is a good fit for you. Here is a list of questions to ask the prospective agent during the initial meeting / real estate appraisal: How many years has the company/person been involved in the real estate industry in Cambodia?How many sales/rentals have they completed in the last year?The number of properties that are currently listed for sale/rent on their books?The number of prospective buyers/tenants they are in contact with?The preliminary estimate of your property listing in the current market, and the formula that they used to arrive at this figure?Proposed marketing strategy for the property (for example online, newspaper, an email database, events)? The most important question of all those above is the anticipated sale/rental price of your property. Ideally you will have also conducted your own research and have some notion of the price you expect to achieve based on other similar properties in your neighborhood. Experienced Cambodian real estate agents will provide an appraisal roughly in line with your research. In addition, highly professional real estate agents will also generally respond to your requests and provide a marketing proposal in writing following the interview. Making the Decision:Once you have reviewed your options and decided on the person who you believe will do a great job in handling the sale or rental of your home, you need to enter into a formal agreement. The written agreement will clearly outline the terms and conditions of appointing the real estate agent. It should contain an estimated sale or rental price, the total commission payable (in Riel or US Dollar terms), fees and charges, and marketing expenses. Assessing the performance of your real estate agent in Cambodia: So you’ve selected a great real estate agent and have the sale or rental process moving along; how do you know whether your agent is doing a good job? Here’s a checklist of things the agent should do, and if they aren’t doing these things, you might like to consider appointing somebody else: Provide you with regular updates regarding the number of buyers and tenants they have been in contact with (maybe agree beforehand on the best form of communication- email, apps such as WhatsApp/Telegram, phone calls etc)Have a screening process to determine a tenant or buyer’s suitability for the property (for example reference checks, confirmation of their job etc.).Ongoing marketing advice regarding the number of inquiries your property is receiving and how to increase its appeal to renters/buyers (for example, conducting advertising, furnishing the property etc.).Competently handle the negotiations of the monthly rental or the sale price of your property. This is probably the most important job of a real estate agent and a good real estate agent will be an expert negotiator.Demonstrate experience at handling the legal and financial process of managing the rental property and/or conducting the sale.Ready to start your search for the perfect Cambodian Real Estate Agent for you? Check out our Agent Directory now!

As the Cambodian property investment market continues to expand, adding more high-rise condominiums to an ever-developing skyline, the construction sector has become a backbone of the Kingdom’s economy that attracts investment from across the region. As the Cambodian property investment market continues to expand, adding more high-rise condominiums to an ever-developing skyline, the construction sector has become a backbone of the Kingdom’s economy that attracts investment from across the region. But as the ASEAN integration opens up at the end of this year, with the promise of deeper market integration, the race to attract foreign investors to individual markets appears to be accelerating.For example, this month, two Vietnamese laws will take effect in a bid that could shake up the regional competition in property investment. One of the laws allows foreigners to fully own houses and apartments, while the other is geared towards large investors who wish to lease houses, land and to develop residential and non-residential property investment. According to Huynh Dai Thang, country partner of DFDL Vietnam, the anticipation for the law has already placed Vietnam higher on the property investment radar. “As a matter of fact, the interest of foreigners in ownership of properties in Vietnam has increased recently,” he said. The new laws allow for increased flexibility that seeks to draw in more investors for new development projects and also to fill vacancies in the countries’ apartment buildings with additional transparency. “

If you’re planning to sell or rent your property, make sure you avoid the following property sale mistakes to ensure you attract the most buyers and renters and get the best price for your property. Dirty and smelly digsYour house needs to be cleaner than it’s ever been while it’s for sale. When making the decision to sell your property, get help from family, friends - or professional cleaners if need be. Pay special attention to bathrooms, kitchens, general living areas and backyards. No dishes or messy kitchens. Clean and fresh is the best smell when selling. Regardless of how great your home appears, if visitors are immediately confronted with overwhelming or unpleasant odours when entering a home, the likelihood that a sale takes place is extremely slim.Don’t list POA – Or No Sale PricePotential buyers generally read the home’s description and expect to see a listed price. As such, we strongly recommend that you include a price on any listing. If a home features a long list of unique details but lacks a sales price, buyers tend to think the home is very expensive or potentially overpriced. Make it easy for someone to investigate your home further by providing as many details as possible – including a list price.Nobody likes a reluctant sellerIt is not unusual for an individual or a family to become attached to a home. Especially when the residence is filled with great memories. However, once you make the decision to sell, you must keep the objective of a sale in the forefront of your mind. Try your best to keep emotions in check. Step back, and allow your real estate agent the freedom to perform their job.Lousy AgentGiven that real estate is an unregulated profession in Cambodia, you undertake thorough research before choosing an agent to sell your home. You can start you research on our Realestate.com.kh Real Estate Agent Directory Page. Consider if an agent makes themselves readily available to buyers. Agents who seem to rush clients, or seem distracted, do not have the interest of the buyer or seller at the forefront. Likewise, determine if the agent seems professional, honest and genuinely desires to make a sale. A dud agent could well be your number one property sale mistake, but with Realestate.com.kh this will never be an issue!Missed part 1? Get on Realestate.com.kh today, the best source of information for property buyers & sellers in Cambodia - and almost 50,000 property listings to search through.

Phnom Penh commercial property space is expanding everyday. Whether it be the rise of office space in the central city, or the spread of ranging industrial areas on the cities outskirts.Phnom Penh Office Villas:Traditionally, as a city lacking a skyline, villas were the preferred option for businesses seeking Phnom Penh commercial property for office purposes. This was because a villa is flexible for anyone seeking Phnom Penh commercial property. A villa can easily be used for many things: an office, family home, restaurant, guesthouse, production area – or any variety of these things. Villas are affordable and flexible. Villas are more expensive than flats, at around $3,500 to $4,500 per sq. m. Typical rental prices for villas range from as low as around $6/sq. metre to $25/sq. metre. However, longer leases or opting to sign as an anchor tenant may see these rates reduced. Beware though – working out a fair lease can be a challenge in the Phnom Penh commercial property market, and Cambodia generally, as villas (and other property for that matter) will often be priced according to your presumed budget rather than fair market value. Increasingly, however, villas around Phnom Penh are being pulled down to make way for new luxury developments and condominiums, or being secured and modified for retail purposes. A decrease in supply has increased the value of those villas that still remain.Phnom Penh Graded Offices:Presently, prime and mid-level office space across Phnom Penh is rising dramatically, with a variety of new tower projects opening now, or planning to open in the near and not so distant future. These new office complexes are often coming to town at the cost of knocking down villas, flats and other older real estate. Phnom Penh commercial property options are only set to boom in the upcoming future, especially with the rise of ASEAN and the AEC.New office developments are generally being built to improved construction standards and offer more and more amenities suited to businesses, Khmer and International. A building’s grade is classified by its design, quality, location, size, services, amenities, facilities and the internal management systems it provides. The rental price is reflected by this grade throughout the Phnom Penh commercial property market.In Phnom Penh real estate, the office space sector is for the most part made up of Grade C/C- standard offices – according to CBRE’s July 2013 MarketView analysis – constituting around 70 percent of the macro-office space market in Cambodia.  Grade B/B+ offices make up the remainder. For example, the 22-storey Phnom Penh Tower and Canadia Tower office complex offer Grade B+ office space to the growing Phnom Penh real estate sphere, and, accordingly,  these facilities entail a modern layout and fixtures. Fully serviced office centres such as these are proving popular with international companies who wish to move operations to Cambodia, as are more modest versions of the same office block model. These complexes offer businesses  security and integrated facilities perfect for start-ups.Grade B standards are still noticeably higher in comparison to the majority of offerings in the Phnom Penh commercial property market- but, obviously, fall below that of Grade A. This differentiation is usually in terms of location and facilities offered. Several new Grade A office developments are being constructed across Phnom Penh, with the nation’s forerunner, Vattanac Capital Tower, now open – the country’s first Grade A office space venue. Vattanac will provide over 35,000 square metres of prime office space to Phnom Penh businesses. Along with this, GT Tower is set for completion this year, to become the fourth largest office tower in Cambodia.Regardless of grading, as Phnom Penh is still an unsaturated office space market, these new office spaces are entering the market at competitive rental prices compared to the greater region.Can't wait to find an office space? Find Phnom Penh's most professional agents through our online portal. Or you can just use the search engine to enter in your criteria and you will be presented with a large list of Phnom Penh real estate properties.

The Phnom Penh Retail Property market is undergoing vast changes, and these changes are altering the face of the city. International brands are joining the burgeoning Cambodian market faster than ever. Some of these new brands are specifically chasing the increasingly available aspirational middle class dollar; others are focusing on the Khmer and expat high-end retail market. Meanwhile, local retailers continue to grow and expand their operations in leaps and bounds.In reply to this, the Phnom Penh retail properties market is growing quickly and demand for retail space in certain areas of the city is driving rental prices higher than ever before. Yet, inner city congestion and lack of affordable housing options inside the CBD are redefining the preferred retail zones around town, adjusting the Phnom Penh real estate market accordingly.Another trend is in regards to the advent of high quality shopping centers and malls. Cambodia’s first international shopping mall opened its doors in June 2014: Aeon Mall. Aeon has since seen high demand for store space from both international and local retailers. A new breed of international franchisers who have for many years ignored the Cambodian market and refused to enter it, see the attractiveness of occupying slots in complexes such as Aeon Mall as it reflects international standards of retail space and retail space management. The new mall has convinced some of these franchisers that opportunities exist and that there are viable spaces for them to locate their brand. Parkson Mall on Russian Boulevard is the next of its kind to open in Phnom Penh, and is currently under construction.Popular Retail Zones in Phnom Penh:Every food and beverage retailer is ideally seeking space on a corner in BKK1, and/or a corner in Tonle Bassac or Daun Penh. Corners are particularly popular for retail space in the Phnom Penh real estate sphere because they automatically offer at least six to eight parking spaces. Parking is a real and growing issue in high density areas of Phnom Penh as more and more vehicles get on the road and more people move into, or work, in popular urban areas.Bigger brands are increasingly seeking properties on the street corners just over Monivong Bridge in Chbar Ampov. These retailers are moving to this area of town because they have realised that they’ve got to follow the market - and that’s where the Khmer middle-class are now living. Also, growing traffic is making it harder for consumers to come into central Phnom Penh to shop.  Similar retail development is happening for similar reasons in the western and northern parts of the city, around Sen Sok and Phnom Penh Thmey, next to central Tuol Kork.Begin your search for the best Phnom Penh retail real estate in town by communicating with Phnom Penh's most professional agents right here through our online portal. Or you can just use the search engine to enter in your criteria and you will be presented with a large list of Phnom Penh real estate properties.

To the new property buyer, Cambodian land title classifications can be rather confusing. Let’s explore the three main ways property ownership can be secured in Cambodia, and the major misconceptions surrounding Cambodian property ownership and Cambodia land titles. All Cambodian land title records were destroyed between 1975 and 1979. This meant that after the war, proof of ownership had become near impossible. In 1989, a Cambodian Land Law was passed and a revised version was issued in 2001 allowing private ownership of land. The 2001 Land Law created the land registry system issuing Cambodia land titles that remains in place today. Since then, more than two million Cambodia land titles have been issued to Cambodians. Property ownership can now be secured by one of three forms of Cambodia land title: Hard title, Soft title and Private Ownership in Co-owned Buildings – also known as Strata Title. In addition, a LMAP title is also now available.1)      HARD TITLE:Hard title is the strongest form of property ownership in Cambodia and the best Cambodia Land Title.Hard titles are an ownership certificate provided by the Land Management and Planning office.Hard titles contain detailed information that has been duly recognised and certified at a national level with the Ministry of Land and a cadastral office.A Transfer tax of four percent applies when a hard title transaction occurs.2)     SOFT TITLE:Soft title is the most common form of ownership and the most commonly issued Cambodia land title.It is a Cambodian land title that is recognised at the local government level.Soft titles are provided by the local Sangkat or District office and are not registered at a national level – but are still considered a possessory status.The majority of property transactions still occur with soft titles to avoid ownership transfer taxes and fees.However, most new major development projects are being transacted with hard titles as these are the most durable Cambodia land title.Check another useful blog post on Realestate.com.kh relevant to Cambodia land titles: “Pitfalls for Foreign Property Ownership in Cambodia."3)     PRIVATE OWNERSHIP:Private Ownership in Co-owned Buildings is the most recent form of ownership and allows foreigners to legally own property in Cambodia.This is more commonly known as a Strata Title.Strata Title is a less common Cambodia land title, but numbers are growing fast.The ‘Law on Foreign Ownership’ was promulgated on 24 May, 2010.This law limits foreign ownership to co-owned buildings. Foreigners still cannot own land, as it is unconstitutional.Co-owned buildings are defined as a building or construction in which several owners reside, consisting of some parts that are the exclusive ownership of each co-owner (private units) and some other parts that are common spaces for the common use of co-owners (common areas).  Learn more about the strata title process here.*LMAP TITLE*:A titling system called LMAP (Land Management and Administration Project) has been introduced in Cambodia by the World Bank to improve land tenure security by the Ministry of Land Management Urban Planning and Construction.Under the scheme, GPS coordinates are being registered for all land plots in the country.If you have an LMAP title already, the borders have been agreed between neighboring parties so all border disputes have been resolved.This is the safest type of title.Foreign Property Ownership in Cambodia may not be simple, but it is increasingly possible. Always do your due diligence and take your time, and soon you will achieve foreign property ownership in Cambodia, and gain a valuable property asset.Looking for real estate for rent in Cambodia or real estate for sale in Cambodia?

If you’re planning to sell or rent your property, make sure you avoid the following property sale mistakes to ensure you attract the most buyers and renters and get the best price for your property.Poor exterior paint choice:Don’t try and sell a highlighter green house. Consider re-painting your property using a conservative colour scheme. This will allow it to appeal to a wider audience. Look for a good quality exterior paint, which makes your house look as new as possible and avoid this classic property sale mistake.The overgrown garden:An overgrown yard or garden suggests that your whole property has been badly maintained and will make a bad first impression – an obvious but all-to-common property sale mistake. Try to cut bushes and trees, tidy your lawn, plant some hardy plants and re-mulch for a fresh clean look.Too much mess and clutter:Buyers want to see and buy your house – not your things! So avoid a property sale mistake and don’t leave them lying around! Even houses that are decorated well can have too much clutter when it’s time to sell. The bigger your house seems, the more attractive it will be. Buyers want to feel the house or apartment has space, and will accept their furniture and their sense of style. So be prepared to de-clutter, move furniture or make your decorations more neutral.The shadow seller:Make sure you give your agent and their buyers plenty of space and privacy while viewing your home, and certainly don’t follow them around the house. Buyers want to imagine living in your house and that’s really hard to do while you and your family is waiting outside, or inside.Lack of storage:Buyers look for plenty of storage in any property. So, avoid leaving any overstuffed wardrobes and cupboards in the house because this will show the prospective buyer that there isn’t enough room in the house for all of your things – or their things! A final top-tip, use mirrors in small rooms to help the space appear bigger! Avoiding the above property sale mistakes ensures your home will be easier on the eye, the nose and the nerves of any prospective buyers or renters – and will have them making you an offer in no time!Want to read more articles like this? Get on Realestate.com.kh today, the best source of information for property buyers & sellers in Cambodia.

Undertaking a property inspection for the first time can be an overwhelming task.You need to have your eyes open to all aspects and features of the home – because no one wants to buy their dream home and it turn out to be an expensive nightmare! Do your property inspection right and see the benefits into the future. Where possible, it’s always advisable to contact a qualified building inspector to carry out a rigorous property inspection for you.However, the following are a few simple property inspection checks you can carry out yourself:Can you see any water stains or corrosion on the walls surrounding the shower or bath? Or are there any signs of moisture on the walls surrounding the bath or shower? This may be a sign of water leakage, which can be costly to repair.Are the ceilings sagging? When you’re doing your property inspection, take a torch and shine the light across the ceiling, this will show any defects. Is the ceiling fixed firmly flush into place or does it have a ‘parachute’ appearance? If the roof is sagging, you’ll need to contact a builder to carry out repairs to the ceiling sheeting.Check that all roof downpipes are discharging into storm water soak wells and not just discharging onto the ground. You don’t want a flood in your new home when the monsoon season comes.It is also wise to look for any signs of previous flooding around the base of the roof downpipe. This can be an indication that the soak wells are not suitably sized or require cleaning out, which can be a costly maintenance item. If the property does not have the proper drainage, having a soak well installed can be very expensive.As part of any property inspection, look for any large cracks in the walls. Specifically, the inside and outside walls should be checked for cracks over 2mm in width. If the house has excessive cracking you must call a building inspector to check the soundness of the property’s structure.If you are still unsure about a property after carrying out these property inspection checks, contact a qualified building property inspector to carry out a detailed property inspection report.Want to read more tips for making sure you choose the right property? Read Part 2 Here.

Here are some clarifications of the most common misconceptions surrounding foreign property ownership in Cambodia for non-Cambodians.Foreign nationals are unable to buy land freehold within Cambodia as according the the Land Law 2001 and the Cambodian Constitution unless a landholding company is set up with the majority of shares being held by a Cambodian citizen or citizens.Alternatively, foreign nationals are able to acquire land on long-term leases as an alternative to foreign property ownership in Cambodia. These long-term leases for a foreign owner have a maximum lease term of 50 years as determined by the civil code established in December 2011. These leases can be registered at a national level with the Ministry of Land Management Urban Planning and Construction. Long-term leases are a compromise chosen by many international investors due to the difficulties of foreign property ownership in Cambodia. Learn more about long term lease law.It is extremely important to remember that it is illegal for foreign nationals to own a property under soft title.However, due to a common misinterpretation of the Law on Foreign Ownership by local authorities across Cambodia, some sangkats (local councils) are currently allowing foreigners to purchase property under soft titles in their own names.In addition, this misconception is supported by some agents and brokers who mis-advise their foreign clients as to the true nature of their soft title, claiming that it in fact represents full ownership. However, not all sangkats allow this. Boeung Keng Kang Sangkat, for example, will not allow a foreigner to be represented on a soft title whatsoever.Furthermore, a sangkat officer can interpret a soft title as they wish.  As David Murphy, Director of IPS Cambodia, explains, ”Sangkat Officers are publicly elected officials who stand for election every five years. This means that when a foreigner owns property under a soft title in their own name, there is a significant risk that any change in the elected officials of the relevant sangkat may result in the correct interpretation of the law, jeopardizing or voiding that foreigner’s effective ownership.”To protect from this misunderstanding, ensure that you always conduct a title search with the relevant Ministry of Land Office or Commune Office before purchasing property. Such a search should confirm who holds the title to the property and reveal any registered mortgages or other encumbrances on the title.Keep in mind, as the land buyer; you may not be given the actual title to conduct the search, because this is the seller’s only evidence of ownership. The buyer will instead get given a copy of the title, so it is important that you confirm that it is the most recent copy.Foreign Property Ownership in Cambodia may not be simple, but it is increasingly possible. Always do your due diligence and take your time, and soon you will achieve foreign property ownership in Cambodia, and gain a valuable property asset.Learn More: “Cambodian Land Title Classifications Explained, Once and For All!" & "Can Foreigners Own Land in Cambodia?"