Hun Sen calls on officials to update property tax scheme
Caretaker Prime Minister Hun Sen on Wednesday called on officials from the Ministry of Economy and Finance to re-examine the duties on property transfers, saying the current fee system is outdated as it is three years old.
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Airbnb pulls plans for Great Wall sleepover after uproar
Publication date 09 August 2018 | 12:27 | ICTHome rental website Airbnb has scrapped a contest offering a chance to spend the night at a section of the Great Wall of China after an online backlash from people worried it could damage the site.
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Sihanoukville land prices skyrocketing amid breakneck development
Publication date 09 August 2018 | 10:26 | ICTSihanoukville, the Kingdom’s most famous beach destination for tourists, is seemingly becoming a paradise for Chinese investors as well.
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China skyscraper with huge waterfall receives a torrent of ridicule
Publication date 02 August 2018 | 15:22 | ICTA skyscraper in southwest China that boasts what its owner calls the world’s largest man-made waterfall has become the latest example of over-the-top architecture to draw national ridicule.
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Ageing Thailand society spells promise for retirement housing
Publication date 02 August 2018 | 14:19 | ICTPrivate investment in retirement homes is on the rise in Thailand, with Thonburi Healthcare Group among those companies eyeing the market potential amid an ageing society.
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Indonesia to invest in Colombo Financial City
Publication date 02 August 2018 | 13:55 | ICTIndonesia’s Vice Foreign Minister AM Fachir says he would not rule out investments from businessmen of his country in the Colombo Financial City, being built with Chinese assistance.
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Over 2K condos added to the capital during second quarter
Publication date 02 August 2018 | 10:15 | ICTMore than 2,000 condominiums have been added to the capital’s market in the second quarter of this year, bringing the total supply to nearly 12,000 by the end of June, said a report by property agency CBRE Cambodia.
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Market for capital office space could be saturated, says report
Publication date 26 July 2018 | 10:23 | ICTOffice space occupancy in the capital in the second quarter of this year rose slower than the first. A report from real estate firm CBRE Cambodia hinted that the market could be reaching saturation.
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Developer spends $200M on SEZ in Lao capital
Publication date 19 July 2018 | 15:26 | ICT(Vientiane times/ANN) The developer of the That Luang Marsh Special Economic Zone in Laos has spent $200 million on the project’s development since it began operations in 2012.
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More people turning to Kingdom estate agents
Publication date 19 July 2018 | 14:18 | ICTThe trend of buying and selling properties via registered real estate agencies saw a remarkable increase this year, with industry insiders expecting further demand next year.
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Sector gives honours for exellence at Cambodia Real Estate Awards 2018
Publication date 12 July 2018 | 09:49 | ICTThe Kingdom’s first ever real estate awards took place late last week, with sector leaders saying the event would only serve to aid an already growing industry.
