According to a statement from the Council of Ministers, Cambodia’s prime minister Hun Sen asked the Ministry of Land and Management and Justices to speed up the completion of a draft law on foreign ownership of property who would allow them to buy their own property above the ground floor. “Hun Sen has recommended that [...]
Posts Tagged ‘Land price’
Property draft law is asked to speed up by PM
June 23rd, 2009 
Cambodia Economy 
Posted in Real estate 
Tags: Land price, property law, Property market, property ownership, Real estate, Real estate market 
No Comments »Cambodia property market hit by the global financial crisis
May 11th, 2009 Cambodia Economy The global financial crisis spread and hit hardly across the world. The surging value of real estate, construction, and property in the last few years has been affected by the world economic slowdown since 2007. Due to the impact of the economic downturn, Cambodia’s property agencies have closed down its door and the prices of [...]
Fall of property fails to stop evictions in Cambodia
March 4th, 2009 Cambodia Economy PHNOM PENH // A property boom in Cambodia’s capital has seen the houses of thousands of poor residents cleared to make way for upscale developments. Although the real estate bubble has burst, the evictions continue. Advocacy groups say about 70,000 people are in danger of losing their homes since the government began selling off land [...]
Posted in Real estate Tags: Human rights, land law, Land price, Property market, Real estate, Real estate market No Comments »
