Phnom Penh, February 13, 2025. Realestate.com.kh has partnered with SM Global to offer a strategic alliance to foster investment confidence in the Cambodian property sector in an exciting collaboration for the Cambodian real estate sector.The MoU signing ceremony, held alongside the grand opening of the SM Global Center, marked a significant milestone in SM Global's long-term vision for the next decade. This event formalized key partnerships that will further strengthen investment channels and trust services within the Kingdom.H.E. Ney Sakal, Deputy Director General of the Trust Regulator, emphasized the evolving nature of Cambodia’s trust sector, stating:"While public awareness of trust services in Cambodia is still emerging, the concept has existed since 2008. However, many still lack a clear understanding of what trust management entails. The MoUs signed between SM Global and its partners will be vital in promoting trust services and increasing awareness of this sector in Cambodia." What Does The MoU Between SM Global and Realestate.com.kh Mean?Korean businesses and individuals continually seek to explore investment opportunities in Cambodia and real estate is a key focus area. The strong economic ties between Cambodia and South Korea have facilitated growing investments, particularly in residential properties, commercial developments, and trust-based real estate ownership."One of the key sectors attracting foreign investors is trust services. By partnering with Realestate.com.kh, we aim to educate real estate brokers and firms on the benefits and applications of trust structures," said Paul S. W. Yang, Director of SM Global Group. "We will also work together to provide trust and consulting services to partners and clients."As part of the agreement, both parties will continue to prioritise professionalism, transparency, and trust-building to improve confidence among buyers and sustain international investment in the local market.SM Global’s clientele and Korean investors can rely on Realestate.com.kh to access the latest and most accurate information for the local market in helping them make investment choices, whether looking for residential, commercial, or land investments.A key component of the partnership includes SM Global hosting regular seminars to educate clients on available financial and business services to provide enhanced value to their clientele.Korean Investment in CambodiaTom O'Sullivan, CEO of Realestate.com.kh said at the signing ceremony, “The long-term belief in Cambodia’s real estate market remains strong.  In the past 5 years, over US 1.7 billion dollars have been invested in Cambodia via a Trust and  90 per cent of this has been in real estate. This bounce in the market isn’t happening alone, It’s part of the bigger picture of growth in Cambodia, with the economy expected to grow over 5 percent in 2025.”Realestate.com.kh has previously signed an MoU with the Korean Chamber of Commerce in the face of rising interest in the domestic market and to promote and facilitate Korean investment in Cambodia’s real estate sector.There has been an increase in Korean interest in the Cambodian real estate market due to the Kingdom's economic growth, and strategic location in Southeast Asia which make the Southeast Asian nation an attractive destination for foreign investors. Growing Interest in Land Ownership via TrustsOne notable trend among Korean investors is the increasing interest in owning land in Cambodia through trusts. A Trust is one of the mechanisms to help investors manage their assets and 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).Cambodia's Law on Trust was enacted in 2019 followed by the establishment of the Trust Regulator in 2021. The trust market by October 2024 had a total value of approximately US $1.7 billion and real estate and property-related trusts account for a majority of commercial trusts.A Promising Future for Cambodia’s Real Estate MarketThis partnership between Realestate.com.kh and SM Global marks just the beginning of a broader collaboration aimed at enhancing investment opportunities and knowledge-sharing. With growing interest from foreign investors, particularly in trust-based property ownership, Cambodia’s real estate sector is poised for sustained growth in the years ahead.Realestate.com.kh remains committed to serving as a bridge between Korean investors and Cambodia’s property market, ensuring that both sides benefit from this expanding economic relationship.--If you want to understand more about Trust, contact our expert via-Phone: +855 92 92 1000Email: info@realestate.com.kh For agents and agencies wanting more informationPhone: +855 78 65 32 26Email: phany.chuon@realestate.com.kh

Cambodia’s infrastructure development is reaching a new milestone with the Techo International Airport (TIA), a $1.339 billion mega-project that is now 92% complete as of December 2024. This new airport, which is scheduled for a formal inauguration in July 2025, is expected to completely transform Cambodia's aviation industry and have a big impact on both air travel and the local real estate market in and around Phnom Penh.(Rendered image of the new Techo International Airport)Located 19 kilometers south of Phnom Penh in Kandal province, TIA spans 2,600 hectares and is being developed in three phases:Phase 1 (2025) – A 4-kilometer runway capable of handling Code 4F aircraft with a passenger capacity of 15 million annually.Phase 2 (2040) – Expansion to 30 million passengers per year, improving connectivity and operational efficiency.Phase 3 (2050) – Full completion, boosting capacity to 45 million passengers annually, placing Cambodia among the region’s key air transport hubs.Once fully operational, TIA is expected to replace Phnom Penh International Airport (PNH) as the country’s primary gateway for international travelers.How TIA Will Impact Cambodia’s Real Estate MarketWith the completion of TIA, Cambodia’s real estate sector is poised for transformative growth, particularly in Kandal province and southern Phnom Penh. (Techo International Airport construction update)The new airport’s location in Kandal will drive real estate appreciation, especially in Takhmao, Sa’ang, and Kien Svay. As history has shown in other cities worldwide, major airport projects tend to boost property values in surrounding areas. Key factors contributing to this growth include the increasing demand for residential and commercial developments near the airport, the rising investment opportunities to support the construction of infrastructure like highways, rail links, and commercial hubs, and how the logistics and industrial zones will benefit from enhanced connectivity.Property developers have already started acquiring land in the vicinity, anticipating the airport’s economic impact. Real estate developers have already begun purchasing land nearby in anticipation of the airport's economic impact. Given that Kandal province offers more reasonably priced real estate than Phnom Penh, investors seeking long-term capital appreciation are anticipated to turn their attention there.TIA’s development is not just about passenger flights; it is also expected to drive the growth of Cambodia’s logistics and air cargo sector. The establishment of freight-handling zones, warehouses, and e-commerce fulfillment centers will create demand for commercial land like warehouses, factories, and office spaces, Industrial parks to support businesses engaged in import/export, and retail developments catering to airport staff, travelers, and nearby residents. This will directly increase land value and commercial property demand, particularly in areas adjacent to the airport. (Techo International Airport construction update)Furthermore, Cambodia’s tourism industry has long been a major driver of the real estate sector, particularly in hospitality, serviced apartments, and rental properties. The completion of TIA is expected to increase international arrivals, strengthening demand for hotels, resorts, and guesthouses in Phnom Penh and surrounding areas, serviced apartments and condominiums catering to expatriates and business travelers, as well as short-term rental properties like Airbnb-style accommodations for transit passengers.In 2019, Cambodia welcomed 6.61 million international visitors, with 3.71 million arriving by air. The COVID-19 pandemic led to a significant decline in tourism, with arrivals dropping to 1.31 million in 2020 (-80.2%) and further to 0.20 million in 2021 (-85.0%). A strong recovery began, with international arrivals surging to 2.28 million, a remarkable 1,059% increase from 2021. Then, In 2023, the upward trend continued, with 5.43 million arrivals, representing a 139.5% growth compared to 2022.Post-pandemic tourism is recovering rapidly, with 5.37 million international arrivals from January to October 2024, an increase of 22% compared to 2023 (according to the Ministry of Tourism). With TIA’s opening, these numbers are expected to surpass pre-pandemic levels, further fueling demand for hospitality real estate, and solidifying Cambodia's position as a premier tourist destination in Southeast Asia.One more thing, the Cambodian government is heavily investing in infrastructure projects that will support TIA’s connectivity, including new expressways linking TIA to Phnom Penh, improving accessibility, railway extensions that facilitate passenger and cargo transport, and many smart city initiatives, promoting sustainable urban development near the airport. For instance, for better transit to the new airport, the government has constructed the new overpass at the Kbal Thnal area of Phnom Penh, commonly known as Kbal Thnal Bridge, connecting Samdech Techo Hun Sen Blvd (60m Street) and Monivong Blvd. Ground was broken for the overpass in 2022 and the project is expected to finish in 2025. The flyover, consisting of two tiers, is costing more than $36 million, and is expected to support TIA’s connectivity, easing congestion.  (Kbal Thnal Sky Bridge pictures taken by KiloTRAVEL)Beyond TIA, Cambodia’s aviation sector is experiencing rapid growth, with new international routes being established. Siem Reap-Angkor International Airport (SAI), which opened in late 2023, will receive direct flights from India’s IndiGo Airlines starting February 2025, operating three times weekly between Kolkata and Siem Reap. Cambodia Angkor Air has also expanded operations, running four weekly flights to India since mid-2024, further enhancing connectivity.Final Thoughts: What This Means for Real Estate InvestorsThe completion of Techo International Airport marks the beginning of a new era for Cambodia’s real estate sector. Investors, developers, and homebuyers should take note of the following key trends:Land and property values in Kandal province will be appreciated significantly.Commercial and industrial zones will emerge as major investment hotspots.Tourism-driven real estate (hotels, serviced apartments) will experience higher demand.Infrastructure projects will enhance accessibility, further driving urban expansion.For those considering real estate investment in Cambodia, now is the ideal time to explore opportunities in and around TIA’s location. As Cambodia continues its trajectory toward becoming a regional economic hub, the real estate sector will remain one of the biggest beneficiaries of this transformation.-------------To learn more about property surrounding the new Techo International Airport, Contact our experts via- 📞+855 92 92 1000📧 info@realestate.com.kh

Trust services are special financial, legal, and management solutions that help protect, manage, and distribute assets for individuals, families, and organizations. In Cambodia, a property trust allows you to transfer ownership of a property to a trustee, who will manage it on behalf of the beneficiary or beneficiaries.The introduction of the Trust Law in 2019 marked a significant shift, enabling foreigners to own land through trust structures. This law allows foreign investors to appoint a licensed trustee to hold legal title to the property while the investor retains beneficial ownership, ensuring compliance with Cambodian laws and providing a transparent and secure investment mechanism.In the last five years, (as of the 20th of Feb 2025), over $1.7 billion has been invested in Cambodia through trusts, with 90% of that going into real estate. This growth is part of Cambodia’s overall economic development, with the economy expected to grow by more than 5% in 2025.Trust ServiceA property trust offers foreign investors a practical solution for investing in and owning property in Cambodia. By appointing a trust company, investors can hold and manage their assets under a commercial trust. The trust company assumes the responsibility of holding the property on behalf of the client, ensuring that the property is managed and maintained in line with the investor's best interests. This arrangement provides a secure and legally compliant way for foreigners to own property in Cambodia, while the trust company oversees the management and protection of the asset.In Step 1 of the property purchase process, the required documents vary depending on whether the buyer is an individual or a business. For individuals, a copy of the Hard Title Document, along with the ID or passport of both the landowner and the buyer, is needed. Additionally, the bank account number and the property location should be provided. For businesses, the required documents include the Memorandum and Articles of Association, Board of Directors or shareholder IDs, Patent Tax, and Tax Registration Certification. An authorization letter and a business license (if applicable) are also necessary to complete the process.Payment StructureThe "Due Diligence Service" is an essential step provided to clients before property acquisition. This service ensures that the property being considered is in good legal and physical condition and is not located within any restricted or non-compliant zoning areas.It includes a thorough examination of the property's ownership history, checking for any existing disputes, that may affect the transaction, verifying the property’s legal status, and confirming that all relevant permits, tax payments, and documentation are up to date. Note: This is a one-time fee that you pay only at the start of the process.This is an ongoing fee that is paid regularly, usually monthly or annually, to cover continuous services such as property management, maintenance, or other long-term costs associated with the property. This fee ensures that the property is well-managed and maintained throughout the entire process. How will this work? Who can be a trustee?In Cambodia, establishing a trust involves selecting a qualified trustee registered with the Trust Regulator and holding a valid trustee certification. Under the Law on Trusts 2019, trustees can be either legal entities or independent individual trustees. The Trust Establishment and Registration Process involves a series of steps to create and officially register a trust in Cambodia. This process ensures that the trust is legally recognized and that the property or assets are properly managed on behalf of the beneficiary. It includes appointing a trusted company, completing the necessary documentation, and adhering to legal requirements to ensure compliance and secure ownership.In short, Cambodia's Trust Law has significantly reshaped the investment landscape by providing a legal framework that facilitates foreign participation in real estate ownership. By allowing foreigners to establish trusts that comply with local laws while retaining beneficial ownership rights, Cambodia has positioned itself as an attractive destination for international investors seeking growth opportunities.As more investors recognize the benefits of utilizing trusts for property investments, it is expected that Cambodia will continue to see growth in its real estate sector alongside broader economic development initiatives.—--------------To learn more about Cambodia Trust law, Contact our experts via- 📞+855 92 92 1000📧 info@realestate.com.kh

Cambodia’s Pentagonal Strategy is a national development plan introduced by Prime Minister Hun Manet during his government’s seventh mandate. The strategy is designed to drive sustainable growth, address socio-economic challenges, and position Cambodia as a competitive player in the global economy. Structured around five key pillars, the strategy focuses on economic resilience, social equity, environmental sustainability, governance, and balanced development between urban and rural areas. Phase 1 of the strategy, spanning 2023 to 2028, serves as the foundation for long-term transformation, emphasizing critical reforms, infrastructure expansion, and investment in human capital.Overview of the Pentagonal Strategy - Phase IThe Pentagonal Strategy - Phase I of Cambodia is a comprehensive framework aimed at guiding the country's socio-economic development over the next 25 years. It comprises five strategic objectives, each referred to as a "pentagon," which focus on critical areas of growth and development.Human Capital Development: this pentagon emphasizes the importance of enhancing human capital through education and skill development. It aims to strengthen the social protection system, ensuring that programs are sustainable, affordable, and inclusive. Key initiatives include expanding social health protection towards universal coverage and establishing a National Agency for Payment Certification to manage health care and occupational risks effectively.Economic Diversification and Competitiveness Enhancement: the second Pentagon focuses on diversifying Cambodia's economy to reduce dependency on a limited number of sectors. This involves promoting competitiveness across various industries, encouraging innovation, and enhancing productivity. The strategy aims to create a more resilient economy capable of withstanding external shocks and fostering sustainable growth.Development of Private Sector and Employment: this one prioritizes the growth of the private sector as a key driver for job creation. It seeks to improve the business environment by streamlining regulations, providing support for small and medium enterprises (SMEs), and enhancing access to financing. The goal is to generate employment opportunities that align with the skills developed in the human capital sector.Resilient, Sustainable, and Inclusive Development: the fourth one addresses the need for sustainable development practices that consider environmental impacts while promoting economic growth. This includes strategies for climate resilience, sustainable resource management, and ensuring that development benefits all segments of society, particularly vulnerable groups.Development of Digital Economy and Society: this Pentagon recognizes the transformative potential of digital technologies in driving economic growth. It aims to foster a digital economy by improving digital infrastructure, enhancing access to technology, and promoting digital literacy among the population. This strategic focus is essential for integrating Cambodia into the global digital landscape and ensuring that its economy remains competitive in an increasingly digital world.At its core, the Pentagonal Strategy aims to create a diversified and resilient economy, reduce poverty, and enhance living standards for Cambodians. It prioritizes strengthening key industries such as agriculture, manufacturing, and real estate while fostering innovation and digital transformation. Social equity remains a focal point, with initiatives to improve access to education, healthcare, and affordable housing. Along with steps to preserve Cambodia's natural resources, cut carbon emissions, and support renewable energy initiatives, environmental sustainability is also essential. At the same time, the approach aims to improve governance by strengthening institutions, increasing transparency, and reforming regulations to ensure proper policy implementation.By 2025, significant progress is expected in various sectors under Phase 1. Major infrastructure projects, such as the completion of the new Techo International Airport in Kandal province, are set to improve connectivity and drive economic growth. This new airport, expected to handle millions of passengers annually, will enhance Cambodia’s position as a regional transport hub, boosting tourism and trade. The development of sectors including real estate, agriculture, and tourism will be the main focus of economic development initiatives, which will be supported by regulations that empower regional companies and draw in foreign direct investment.Regulatory reforms aimed at simplifying processes for business registration, land ownership, and investment licensing are expected to create a more business-friendly environment. For instance, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) introduced an online portal to streamline land registration and ownership transfers. This digital platform reduces bureaucratic delays, increases transparency, and provides easy access for citizens and investors to manage property-related transactions. In addition, sustainability initiatives, including renewable energy projects and stricter controls on deforestation and land use, will align Cambodia with global environmental standards.(online portal launched by the Ministry of Land Management, Urban Planning, and Construction)The Pentagonal Strategy has a huge impact on Cambodia. Anticipated outcomes include improving living conditions, job creation, and closing the development gap between urban and rural areas. Increased economic stability will result from infrastructure development and economic diversification, which will also increase productivity and lessen dependency on established industries. Cambodia presents itself as a progressive country that could achieve a balance between balancing growth with ecological preservation by emphasizing environmental sustainability. Stronger public-private partnerships and increased investor trust are two benefits of the strategy's focus on governance and transparency.With growing demand for residential and commercial properties driven by urbanization and infrastructure improvements, the sector is aiming toward a significant growth. Affordable housing initiatives and regulatory reforms will make property ownership more accessible, benefiting both buyers and developers. Platforms like Realestate.com.kh can play a vital role by providing reliable property listings, market insights, and professional services to connect buyers, sellers, and investors. By leveraging its expertise, Realestate.com.kh can support Cambodia’s real estate industry in aligning with the Pentagonal Strategy’s goals, fostering sustainable growth, and contributing to the nation’s development vision.If you want to know more about Cambodia, contact us via- 📞+855 92 92 1000📧 info@realestate.com.kh

As of January 2025, the real estate market in Cambodia is undergoing significant changes, influenced by various government initiatives and market dynamics. In this update, Realestate.com.kh will focus on the current state of real estate insurance, and common examples of policies available, and highlights the role of online platforms as resources for navigating the property market.The Importance of Real Estate InsuranceReal estate insurance is crucial for protecting property owners and investors from potential risks such as fire, theft, natural disasters, and liability claims. In Cambodia, the insurance sector has been steadily growing, with an impressive average annual growth rate of approximately 25% over the last decade (Cambodian Insurance Association, 2025). The Cambodian government's strategic focus on strengthening the regulatory system has been crucial, regardless of its early stage in comparison to its regional rivals. The country aims to achieve a 5.5% insurance penetration rate by 2030 according to the Ministry of Economy and Finance which reflects its commitment to fostering an inclusive and robust insurance market.Common Types of Real Estate Insurance PoliciesThe insurance policies available in Cambodia cater to a wide range of needs, ensuring both residential and commercial property owners can find suitable coverage. These include:Property InsuranceProperty insurance in Cambodia is a cornerstone of real estate protection, offering coverage against damages caused by fire, natural disasters, and vandalism. For example, a mid-sized residential property in Phnom Penh valued at $120,000 can secure property insurance for approximately $300 to $400 annually, depending on the level of coverage. Such policies often include optional add-ons like temporary relocation expenses if the property becomes uninhabitable due to covered damages. With increasing urbanization, the demand for comprehensive property insurance is projected to grow significantly, supported by rising awareness among property owners.Liability InsuranceLiability insurance provides financial protection for property owners against claims related to injuries or damages occurring on their premises. For instance, a commercial property owner might face a legal claim if a visitor slips and falls. Policies typically cover legal fees, medical costs, and potential settlements. The average premium for liability insurance for a small commercial property starts at around $200 annually, making it a crucial safeguard for both residential and commercial property owners.Landlord InsuranceDesigned specifically for rental property owners, landlord insurance protects against tenant-related risks such as unpaid rent, property damage caused by tenants, and loss of rental income due to unforeseen events. For example, a landlord renting a two-bedroom apartment in Siem Reap can pay premiums ranging from $350 to $500 annually for coverage that includes legal expenses for eviction and damage repairs. These policies provide landlords with peace of mind, ensuring their investment remains secure even under challenging circumstances.Title InsuranceTitle insurance protects property owners from financial losses caused by defects in property titles, such as fraudulent claims, liens, or encumbrances. For example, a property buyer in Phnom Penh purchasing land worth $80,000 may pay a one-time premium of $500 to $700 for title insurance, which ensures protection against future disputes over ownership. This coverage is particularly important in Cambodia, where land ownership records have historically faced challenges in accuracy and transparency.Construction InsuranceConstruction insurance is tailored for developers and contractors, covering risks during the building phase, such as accidental damages, equipment theft, or on-site injuries. For instance, a developer working on a residential complex can expect to pay 1-3% of the project’s total cost as an annual premium for comprehensive construction coverage. This type of insurance not only protects the project but also ensures compliance with safety standards and contractual obligations.Government Initiatives Supporting Real EstateIn 2025, the Cambodian government has introduced several measures to stimulate the real estate market:Tax Exemptions: Property transfer taxes have been waived for residential properties valued under $70,000 until the end of 2025. Additionally, first-time homebuyers purchasing properties under $210,000 are exempt from stamp duties.Debt Restructuring Initiatives: Programs have been established to assist homebuyers with smoother repayment processes, enhancing liquidity for developers.Digital Services for Land Management: A new online platform has been launched to streamline land transactions and improve transparency in property dealings.These initiatives aim to create a more favorable environment for both buyers and investors in the real estate sector.Role of Digital Platforms in the Real Estate MarketOnline platforms play a pivotal role in Cambodia’s real estate landscape, providing tools and resources that simplify property transactions and investment decisions. Among these platforms, Realestate.com.kh stands out as a prominent player, offering:Comprehensive Listings: Users can explore a wide range of properties, from residential to commercial spaces, with detailed descriptions and pricing information.Market Insights: Realestate.com.kh publishes regular updates on real estate trends, legal frameworks, and investment opportunities, aiding informed decision-making. Networking Opportunities: Events such as expos and webinars hosted by the platform connect investors, developers, and buyers, fostering growth and collaboration in the real estate sector.By centralizing information and facilitating transparent dealings, platforms like Realestate.com.kh are invaluable for navigating Cambodia’s evolving property market.In short, Cambodia’s real estate insurance landscape in 2025 is shaped by dynamic government policies, innovative insurance products, and the growing influence of digital platforms. Property owners, investors, and insurance face both possibilities and problems as a result of the insurance industry's development and strong governmental support. Stakeholders are in a strong position to handle the changing Cambodian real estate market as transparency increases and customized solutions become more widely available.----------Are you interested in buying property in Cambodia and want to know more about the insurance policy here? Contact our experts via: 📞+855 92 92 1000📧 info@realestate.com.kh

Time Square 7 and Time Square 8 condo projects have taken the market by storm, selling out in record time and leaving many wondering what drove their remarkable success. Situated in a prime location and offering a blend of modern living and affordability, this project has captured the attention of homebuyers and investors alike.But what truly made TS7 & TS8 stand out in a competitive real estate market? Why did it resonate so strongly with buyers, sparking such overwhelming demand? Let’s explore the key factors behind this incredible achievement with Realestate.com.kh!Project HighlightsTime Square 7 and Time Square 8 complement each other as standout developments in Phnom Penh, catering to different buyer preferences while maintaining a shared commitment to quality and affordable prices.Time Square 7, a 49-story condominium in Toul Kork, Phnom Penh, held its groundbreaking on September 26, 2024. As one of the region's fastest-selling projects, it sold over 400 units in just five months. Offering 1-bedroom to duplex units, it features amenities like seven elevators, a pool, a fitness center, landscaped gardens, and 24/7 security. Conveniently located near shopping and dining, the project is set for handover in early 2028, making it a prime investment opportunity.​Meanwhile, the new Time Square 8 condominium project is set to launch in the vibrant Toul Tompoung area of Phnom Penh. With 50 floors, it will offer a range of amenities, including a BBQ Yard Pavilion, gym, swimming pool, sky lounge with city views, concierge services, and 24/7 security. Residents will also have access to a play space, amphitheater, floating bar, and facilities for skyboxing, yoga, and tennis. Time Square 8 provides an affordable living option in a prime location, making it a top choice for homeowners and investors near BKK1.Reasons Behind the Quick Sell-OutAffordability Condominium prices in Toul Kork vary depending on size and location. For instance, land prices in the area range from approximately $1,900 to $6,100 per square meter (based on Why Cambodia 2023 from realestate.com.kh). In comparison, Time Square 7 provides a more affordable alternative, with prices starting at just $1,000 per square meter. This competitive pricing makes Time Square 7 an attractive option for buyers seeking great value in the Toul Kork area.Meanwhile, Time Square 8 offers exceptional affordability as well, especially for those seeking a prime location similar to BKK 1 but at a more budget-friendly price in Toul Tom Poung. Land prices in Toul Tom Poung typically range from $1,600 to $7,300 per square meter, which is more affordable compared to Boeung Keng Kang, where prices range from $2,800 to $10,000 per square meter (based on Why Cambodia 2023 from realestate.com.kh). However, at Time Square 8, you can secure a unit for just $1,000 per square meter, providing significant savings without sacrificing quality.Time Square 7 and Time Square 8 stand out for their competitive pricing, offering incredible value for money. With thoughtfully designed units at accessible price points, the projects appeal to a broad range of buyers, including first-time homeowners seeking affordability and investors looking for high returns.Prime LocationTime Square 7 is located in the heart of Toul Kork, one of Phnom Penh's most rapidly developing districts. This prime location provides residents with easy access to key business hubs, major shopping centers like Samai Square, TK Avenue Mall and Khalandale Mall, and reputable schools. With excellent transport links and nearby healthcare facilities, Time Square 7 offers both convenience and peace, making it a highly attractive choice for both homeowners and investors. The area’s continuous growth and development ensure long-term value for residents.If you're seeking an area similar to Boeung Keng Kang 1 (BKK1) but at a more budget-friendly price, Toul Tom Poung is emerging as an ideal alternative with its prime location. The area’s growing popularity among expatriates, combined with its diverse amenities, creates a cosmopolitan community. With international schools, medical centers, and supermarkets nearby, Toul Tom Poung boasts a well-developed infrastructure that caters to a wide range of residents. The upcoming launch of Time Square 8 further enhances its appeal, offering modern, affordable living in a vibrant and sought-after location in Toul Tom Poung is perfect for both residents and investors.Developer Trust and CredibilityMegakim World Corp Ltd. has a strong track record with seven successful projects, showcasing their expertise and reliability in real estate. Their latest project, Time Square 8, stands out for its affordable pricing and prime location in Toul Tompoung, offering exceptional value for both homeowners and investors. By blending quality, convenience, and accessibility, the developer continues to meet the needs of modern urban living while earning the trust and satisfaction of its customers.Sum up The success of Time Square can be attributed to its combination of prime locations, affordable pricing, modern amenities, and the trusted reputation of Megakim World Corp Ltd. These projects have set a new standard for urban living, appealing to both homeowners and investors alike.Looking ahead, buyers can look forward to more exciting opportunities from Megakim World Corp, with future developments continuing to offer exceptional value and quality in prime locations. Now is the time to invest in these transformative projects!Stay updated with Megakim World Corp’s latest projects! Don’t miss out on similar opportunities—contact us or visit our website realestate.com.kh to explore your next dream home or investment.

In Phnom Penh’s competitive real estate market, J Tower 3 emerges as a landmark project redefining local buyers' value. As Cambodia’s tallest building at 77 floors and the 8th tallest in Southeast Asia, this luxurious development blends iconic architecture with practical investment potential. Let’s explore with Realestate.com.kh why J Tower 3 is the most compelling choice for those seeking strong returns with good quality.Addressing Market Demand: Why Three-Bedroom Units MatterRight now, Phnom Penh is facing a shortage of three-bedroom units. This high demand makes J Tower 3 stand out, offering a golden opportunity for investors seeking strong rental income and resale potential. Starting from 360,000 USD, J Tower 3 delivers spacious three-bedroom apartments at prices that compete with much smaller units in the market.For example, many high-end developments in Phnom Penh offer three-bedroom units priced between 540,000 and 800,000 USD, which are often smaller and less spacious. J Tower 3 flips this trend, giving buyers more space for less cost per square meter, ensuring both comfort and value. This combination of affordability and size positions J Tower 3 as a prime choice for buyers and renters alike.Proven Developer Track RecordJ Tower 3 is the third project by a developer known for delivering exceptional value. The predecessor, J Tower 2, has achieved remarkable occupancy rates and consistently high rental demand. With the same commitment to quality and management, J Tower 3 is poised to outperform its predecessors, offering buyers peace of mind and a track record of proven success.Unmatched Features and FacilitiesJ Tower 3 combines luxury living with practicality:Renowned Japanese Developer: Known for delivering properties with exceptional quality, ensuring strong rental yields and high resale value. Their reputation for reliability and attention to detail makes them a trusted choice for investors and residents alike.Occupancy Rates: Units in previous projects have consistently shown strong rental performance, reflecting their popularity and high demand. For J Tower 1, rental prices range from $500 to $800, while J Tower 2 offers rental prices between $1,200 and $1,600, both maintaining high occupancy rates. This track record underscores the investment value and tenant appeal of these properties.Quality Management:  J Tower 3 ensures top-tier property management with a focus on regular maintenance, efficient services, and 24/7 professional support. Its commitment to excellence enhances both resident satisfaction and investment value.Value for Money: Why Bigger is BetterWhen comparing J Tower 3 to other high-end developments, the space advantage is clear. While three-bedroom units in other projects often come at a premium price, J Tower 3 offers much larger units at a lower price per square meter.Although the initial price tag might seem higher, the value is undeniable when you consider the generous floor plans, high-quality finishes, and lower long-term costs. Buyers enjoy lower gross and net prices because of the larger unit sizes, making this a smarter investment over time.For context, three-bedroom units in Phnom Penh’s high-end developments typically start at 540,000 USD, with some reaching as high as 800,000 USD for smaller spaces. J Tower 3 challenges this trend by offering a starting price of 360,000 USD for significantly larger, more livable apartments. This unique positioning ensures J Tower 3 isn’t just another luxury development—it’s a category-defining opportunity.At Realestate.com.kh, we provide expert insights into Cambodia’s real estate market, helping you make informed decisions. Whether you’re seeking a home or an investment, J Tower 3 combines market demand, premium quality, and investment potential—an unbeatable combination for local buyers.Find your future in Cambodia’s tallest icon. Visit Realestate.com.kh today to learn more about J Tower 3!

Cambodia has taken its first steps into the world of cryptoassets, allowing limited transactions under centralized regulation. The National Bank of Cambodia (NBC) now permits commercial banks to handle Group 1 crypto assets, including tokenized securities and stablecoins, marking a significant milestone in the country’s financial evolution.Cryptocurrencies, digital currencies powered by decentralized computer networks called blockchains, are transforming the global financial landscape. Widely used for trading, payments, and investments, these assets have grown in popularity as innovative platforms enable users to transact seamlessly across borders. A Regulated Introduction to CryptoassetsHistorically, Cambodia banned cryptocurrency transactions and trading, citing concerns about money laundering, fraud, and illegal activities. By introducing this controlled framework, NBC aims to mitigate these risks while offering a regulated entry point into the world of digital assets. This marks a significant departure from the country’s previous stance, showcasing its willingness to adapt to the evolving financial landscape.Under the Prakas issued on December 26, 2024, commercial banks must obtain prior approval from NBC to engage in cryptoasset activities. Group 1 assets, backed by traditional financial instruments or stablecoins, are the only type approved. This careful regulatory approach aims to promote accessibility while maintaining security and stability in Cambodia's financial ecosystem.However, this proclamation explicitly prohibits commercial banks from holding two categories of cryptocurrencies: unbacked cryptoassets and high-risk digital currencies, such as Bitcoin. This measure is aimed at mitigating potential risks associated with volatility, fraud, and other financial vulnerabilities linked to these types of assets.Realestate.com.kh: Embracing the Digital FutureThis milestone also opens new opportunities for sectors like real estate. Platforms like Realestate.com.kh have already adopted crypto payments, allowing buyers to purchase properties using digital assets. This innovation reflects the growing integration of crypto assets into everyday transactions, offering a glimpse into a more digitized future for Cambodia’s economy.Opportunities and Challenges AheadWhile centralization provides consumer protection and reduces fraud risks, it also raises concerns about limited user autonomy and potential restrictions. For banks, however, this shift introduces new revenue streams, ensuring their relevance in the digital economy.At the same time, NBC’s move aligns with its efforts to preserve the riel’s role as Cambodia’s national currency. By positioning crypto assets as investment vehicles rather than payment methods, the riel remains central to daily transactions, minimizing competition.A New Chapter for Cambodia’s Financial LandscapeThe introduction of cryptoassets in Cambodia represents a cautious but forward-looking approach to innovation. It sets the stage for greater financial inclusion, increased foreign interest, and enhanced digital literacy, signaling a promising start to a new era in the country’s economy.With platforms like Realestate.com.kh leading the way, this shift also symbolizes the dawn of a more connected and digitized Cambodia, where crypto plays an integral role in shaping the future.

Koh Kong- Coastal City Development Group Co., Ltd., a leading developer in Cambodia, has announced the launch of its new commercial project, "King's Island Market." Situated in the rapidly developing Dara Sakor area of Koh Kong Province, this project covers 1.7 hectares and is Cambodia's first seaside market. The project integrates commerce, culture, and tourism into a single hub. Located in the prime area of Dara Sakor, it is expected to become a key commercial and tourism destination, offering an exceptional experience for both domestic and international visitors.About the DeveloperCoastal City Development Group Co., Ltd. is a pioneer in Cambodia, known for developing major projects such as Dara Sakor International Airport, the International Deep-Sea Port, hydropower plants, luxury hotels, resorts, and high-quality roads like the Phutong Highway. These initiatives have significantly boosted the tourism potential and overall development of Koh Kong Province.About the ProjectKing's Island Market is designed to meet the needs of the local population and domestic and international tourists visiting the area. It features an ideal location with pristine beaches and offers affordable opportunities for businesses and tourists. The project also has convenient connections to major attractions, including King's Island, other nearby islands, a Go Kart racing track, and Buntham Park.Market FeaturesThe King's Island Market will become a vibrant tourist destination, offering 310 business spaces for various purposes. It provides diverse and convenient services for visitors to Koh Kong Province, including those exploring King's Island and neighboring islands. The market offers a range of shop sizes, from 12 square to 108 square meters, catering to different business needs. Highlights include fresh seafood, local delicacies, souvenir shops, and artisan crafts, making it a must-visit spot for both local and international tourists.Economic ImpactThe project is expected to become a significant attraction in Koh Kong Province and contribute to the area's economic growth. Similar to the famous Crab Market in Kep, the King's Island Market is anticipated to draw large numbers of tourists and enhance the local economy effectively. It aligns with the government’s policy to promote tourism and sustainable development in the region.For more information, please contact via: Phone Number: +855 98 708 898Telegram: https://t.me/kohsdachportmarketTikTok: https://www.tiktok.com/@kohsdachportmarket?_t=8sAj7PpFuLv

According to the General Department of Customs and Excise (GDCE), Cambodia’s international trade surged to nearly $50 billion in the first 11 months of 2024, reflecting a 17.4% increase compared to the same period in 2023. Exports accounted for 48% of the total trade volume, with exports and imports reaching $23.93 billion and $25.94 billion, respectively.Trade HighlightsThe rise in trade volume underscores Cambodia’s growing production capacity and the diversification of its export portfolio. Key export products include garments, footwear, travel bags, tires, rubber products, and electronics. The garment sector, a cornerstone of Cambodia’s economy, supports approximately 800,000 jobs and remains a major driver of export revenues.Despite this growth, the trade deficit widened to $2.01 billion, up from $1.51 billion during the same period in 2023. This indicates a need for further development in domestic production and value-added industries to reduce reliance on imports.The Role of Free Trade AgreementsCambodia’s involvement in several free trade agreements (FTAs) has played a crucial role in expanding its export markets. Agreements such as the Cambodia-China FTA (CCFTA), Cambodia-Korea FTA (CKFTA), and the Regional Comprehensive Economic Partnership (RCEP) have opened doors to trade opportunities with key global players.These agreements and improvements in infrastructure and investment laws have shifted Cambodia’s trade strategy. The country is no longer solely reliant on traditional markets like the US and Europe but is expanding into Asia-Pacific and other regions.Opportunities for GrowthTo further strengthen export revenues and reduce the trade deficit, Cambodia focuses on boosting agricultural exports and integrating domestically produced raw materials into its manufacturing processes. Sectors such as rubber processing and tire manufacturing are examples of how the country leverages its natural resources to create export-ready products.With steady growth in trade and investment, Cambodia’s economic outlook remains promising. Strategic policies, combined with infrastructure upgrades and active participation in FTAs, are setting the stage for continued trade expansion in the years ahead.For more updates on Cambodia’s trade and economic growth, visit Realestate.com.kh!

As 2025 approaches, Cambodia's real estate market continues to grow, attracting investors from around the world. Things like relatively low property prices, easy investment law, and the chance to earn good rental income are appealing to both residents and investors. There will be a lot more condos available in Phnom Penh as well as the market continues to progress. With that in mind, Realestate.com.kh will explore some of the main projects that are expected to finish in 2025!Le Conde BKK1Le Conde BKK1, a 43-story mixed-use landmark in Phnom Penh’s BKK1 developed by Wangfu International Real Estate Development Co., Ltd, offers luxury living with smart home-equipped units, featuring premium amenities, including an infinity pool, sky bar, gym, sky garden, concierge services, and ample parking.Located in BKK1Payment Term: 30% down payment, Installment up to 38 months interest-freeEstimated Handover: Starting from March 2025Time Square 306 (Time Square 5) Time Square 306, commonly known as Time Square 5, is the the fifth project by Megakim World Corp.,. It is a newly topped-out condominium in Phnom Penh’s prime BKK1 district, offering a prime location for homeowners and expat renters.Located in BKK1Payment Term: 30% down payment, up to 12 months interest-free installment  Estimated Handover: Dec of 2025Diamond Bay Garden If you're looking for stunning views, Diamond Bay Garden is the place to be. Located in Koh Pich, this development offers breathtaking views of the river. But it's not just about the scenery. Residents also have access to a range of top-notch amenities. Plus, it's conveniently located near malls for shopping, schools for families, and embassies.Location: Diamond Island/Koh Pich (located near all of the top districts like BKK1)Payment Term: 10% down payment, up to 23 months of installmentEstimated Handover: Starting from February 2025 (the first 2 floors of the building has already been handed over)Urban Village Phase 2 Urban Village Phase 2 builds on the success of Phase 1 with two elegant 51-story towers offering 1,700 luxury units at competitive prices. Located along Hun Sen Boulevard, commonly known as the 60-meter road, the project is strategically located near large supporting facilities such as Aeon 3 and is only a 10-minute drive from the city center, making it an ideal choice for those seeking a modern and convenient living.  Located on the Hun Sen Boulevard roadA convenient location with a huge community surrounded by international schools like ISPP, community grounds like The Factory, and many more!Payment term: 30% down payment, with a flexible installment termEstimated Handover: Starting from December 2024 up until early 2025Royal Platinum CondominiumRoyal Platinum Condominium, a luxury mixed-use development in Phnom Penh’s Toul Kork district, offers 851 elegantly designed residences, from studios to four-bedroom penthouses. Developed by Royal Hong Lai Huat One, it blends comfort and sophistication with a unique X-shaped layout!Location: Toul Kork, close to TK Avenues and many more lifestyle facilitiesPayment term: 15% down payment, up to 29 months of interest-free installmentsEstimated Handover: Early 2025 (Some of the units have been handed over already)La Vista OneLa Vista One consists of twin towers that stand as landmarks in Phnom Penh’s Chroy Changvar district. Rising to a height of 140 meters, they are located at the meeting point of the Mekong and Tonle Sap Rivers. The location is surrounded by government offices and high-end residences. Residents can enjoy amazing views of both the city and the rivers.Location: Chroy Changva, with a great river viewSupport a 30% down payment and up to 36 months of interest-free installmentsEstimated Handover: Early 2025 (Some of the units have been handed over already)--------------------Learn more about all of the upcoming projects and contact us now!Phone: +855 92 92 1000Email: info@realestate.com.khFor agents and agencies wanting more informationPhone: +855 78 65 32 26Email: phany.chuon@realestate.com.kh

It’s like a trend these days! Investing in real estate can be a great way to grow your wealth, but it’s important to know what you’re doing. As property values increase, your investment can grow. You can also earn money through rental properties or enjoy tax benefits like mortgage interest deductions. Plus, real estate can help protect your money from inflation and is an important part of long-term financial planning, such as saving for retirement. In this article, Realestate.com.kh will walk you through the basics, from making a financial plan to choosing the right property type and understanding the market!Understanding About Financial​​ PlanningBefore jumping into any investment, it’s important to have a financial plan. A financial plan helps you understand where you are financially, where you want to go, and how to get there. You can make your own plan or work with a financial expert. A good financial plan covers things like retirement, budgeting, and paying off debt.Types of financial planning are divided into three categories:Short-Term Financial Planning focuses on addressing current matters and typically shows results within a year. Examples of personal goals in this category include reducing or paying off debt, creating an emergency fund, and more. For business goals, this could involve achieving target revenues, securing funding, or other short-term objectives.Medium-Term Financial Planning serves as a transitional phase between short-term and long-term goals, usually spanning up to five years. This planning involves resolving immediate issues (such as credit card debt) to focus on goals that require more time, such as saving for property or starting a business. Businesses may consider launching new product lines or entering new markets during this period.Long-Term Financial Planning is generally designed for periods exceeding five years and requires significant financial resources. Common long-term goals include saving for retirement, funding children’s education, or paying off substantial debt. For businesses, long-term financial objectives might involve automation, improving cash flow efficiency, and reducing expenses.Having a financial plan helps both individuals and businesses track where they are financially and figure out what they need to do to meet their goals. It’s essential for achieving short-, medium-, and long-term objectives.Types of Real Estate InvestmentsInvesting in real estate can create wealth, but it’s a long-term commitment that requires a solid plan. While real estate offers great potential for high returns, it requires careful research and choosing the right property. According to an excerpt from the ROCKET Mortgage website, Here are three popular types of real estate investments:Residential Real EstateResidential property is a type of real estate used for living, such as houses, condos, and apartments. Generally, one can invest in this type of property by buying it at a low price and selling it for a profit or renting it out to generate income.For example, if we buy a condo, which generally costs around $50,000 or more, and rent it out for $800 or $1,000 per month, we can use the rental income to repay the bank if we borrow money to purchase the property. However, if we buy the property with our own funds, we can use the rental income to invest in additional properties.Commercial Real EstateIn Cambodia, commercial properties include a diverse range of buildings such as shopping malls, retail stores, office buildings, hotels, casinos, private hospitals, and private educational institutions. These properties offer multifaceted functionalities beyond those of residential properties.For instance, Vattanac Capital in Phnom Penh is a prominent commercial property that houses luxury retail stores, office spaces, and the Rosewood Phnom Penh Hotel. This 39-story building serves as a comprehensive commercial hub, integrating shopping, business, and hospitality services. Investing in such commercial properties can provide more stable cash flow compared to residential properties. Commercial buildings often contain multiple units or spaces, allowing for diversified income streams. Additionally, lease terms for commercial properties in Cambodia can be long-term, typically ranging from 5 to 10 years, offering investors greater financial stability.Raw LandRaw land refers to an undeveloped property with no structures or improvements, often making it cheaper to acquire than developed land. Investors may buy raw land with the intention of leasing it for agricultural purposes or holding it for future development. One of the key advantages of investing in raw land is that it is easier to acquire, has lower maintenance costs, and offers versatility, allowing investors to buy, lease, or build on it. However, while raw land offers several benefits, investors should conduct thorough due diligence, including verifying land titles, understanding zoning regulations, and assessing infrastructure development plans in the area. Engaging with local real estate experts and legal advisors like realestate.com.kh can help navigate the complexities of land investment in Cambodia. Each type of investment comes with its risks and benefits. Real estate can be very profitable, but it’s important to carefully consider how involved you want to be.Understanding Market Trends and LocationWhere your property is located matters a lot. Areas with good economic growth, strong demand, and good infrastructure usually see property values go up.  It affects how much the property value will increase, how many people want to rent it, and the rules or taxes that apply in the area. Properties in high-demand areas with strong economies usually grow in value faster and attract good tenants, making them great investment choices. For instance, Phnom Penh’s most popular area currently is Beong Keng Kang 1 or BKK1, which is known for its upscale lifestyle, vibrant business hub, and modern infrastructure. BKK1 is home to luxury condos, trendy cafes, international schools, and embassies, making it highly attractive to both locals and expatriates. Investing in a property here not only promises potential for value appreciation but also ensures a steady stream of high-quality tenants.Another example, in the Toul Kork area of Phnom Penh, property prices are rising because of the fast development, better infrastructure, and growing demand for both homes and businesses. According to data from AMS Economy in 2023, land prices in Toul Kork have been steadily going up, ranging from $1,800 to $6,000 per square meter. This is due to important improvements, like new roads, schools, and shopping areas, which make the location even more appealing. Investors can use this information to better understand the market, find new opportunities, and reduce risks that could affect their finances.How to Get Started with Your Real Estate Investment PlanStart by setting clear financial goals and deciding when you want to reach them. This will guide you in choosing the right type of property to invest in. Also, think about your risk tolerance—whether you’re comfortable with high-risk, high-reward investments or prefer more stable options.It’s also a good idea to work with real estate experts, like Realestate.com.kh, who can help you make smart investment choices. They can help you refine your strategy and give you the confidence to take action. Real estate investing works best when your plan is tailored to your personal financial goals and needs. Take the time to create a strategy that fits your goals, and you’ll have a much better chance of success.Ready to get started? Reach out to us and begin building your own personalized investment plan today!

Realestate.com.kh, Cambodia's leading property portal, has achieved another milestone, successfully concluding a series of international property exhibitions in Eastern Europe. These events, spanning Russia and Kazakhstan, have generated an impressive estimated $2 million worth of property sold. Opening Doors for Eastern European InvestmentIn recent years, Southeast Asia has become a hotspot for Eastern European investors, While luxury real estate in Thailand and Bali remains a focus for many, Cambodia offers something distinct. Investors in Cambodia are diversifying their interests, exploring opportunities beyond luxury condominiums, including business ventures across various sectors.As the gateway to Cambodia's real estate market, Realestate.com.kh has been instrumental in bridging the gap. Through a comprehensive platform featuring property listings, market insights, and tailored guidance, the portal has become a trusted partner for international investors navigating Cambodia’s thriving property landscape.A Successful Roadshow Across Eastern EuropeLast month, Realestate.com.kh embarked on an ambitious roadshow, spotlighting Cambodia’s real estate market at three major events, each serving as a platform to showcase Cambodia’s top property developments, establish new sales channels, and foster long-term investment ties. Beyond the impressive revenue, the roadshow introduced Cambodia’s dynamic opportunities to a global audience, further cementing its position as a rising investment destination.A Vision for Cambodia’s GrowthThe success of these events demonstrates Realestate.com.kh’s commitment to promoting Cambodia on the international stage.Elvira Shamuratova, a senior advisor to the Eastern European market said "Investors are showing strong interest in Cambodia’s property market. The country offers stability, growth opportunities, and tremendous potential. Realestate.com.kh has been a game-changer for my clients, giving them the confidence to explore and invest in this exciting market."Building on the momentum of this roadshow, Realestate.com.kh is excited to expand its efforts in Eastern Europe, fostering even stronger connections and showcasing Cambodia as an ideal destination for investment. With its unique opportunities and promising developments, Cambodia’s real estate market is set to attract more international attention than ever before.📣 Ready to explore Cambodia’s booming property market? Discover exclusive listings, expert insights, and the latest opportunities only on Realestate.com.kh. Join us in shaping the future of real estate in Cambodia!

Imagine an airport designed to connect Cambodia to the world seamlessly while transforming the local economy as well. That’s exactly what Techo International Airport (TIA) promises. As Cambodia’s largest and most modern airport, this highly developed project near Phnom Penh is much more than a place to catch flights—it’s a driver of economic growth, tourism, and urban development. Today, Let’s dive with Realestate.com.kh into why TIA is such a game-changer for the country!A Giant Leap for Cambodia’s ConnectivityLocated just 20 kilometers south of Phnom Penh in Kandal Province, Techo International Airport will replace Phnom Penh International Airport as Cambodia’s central aviation hub. Let’s get to know a bit about the airport itself. Set to launch in early 2025 for the first phase, the airport is built to handle 13 million passengers annually and aims to increase to 30 millions in the second phase then with a long-term capacity of 50 million passengers per year by the last phase in 2050. With multiple runways capable of accommodating the largest aircraft, like the Airbus A380, TIA will attract more long-haul international carriers. Automated immigration gates, mobile apps for seamless check-ins, and smart luggage tracking will enhance the travel experience for visitors. By increasing direct flights to major cities worldwide, TIA will put Cambodia firmly on the global travel and business map as well. Boosting the Economy and Creating JobsThe economic impact of Techo International Airport is expected to be massive. Experts estimate that the airport and its surrounding projects will contribute up to 5% to Cambodia’s GDP growth annually in the years following its opening. Here’s how the airport will deliver:International Trade and Investment: With advanced cargo facilities, TIA will become a critical hub for Cambodian exports like textiles, rice, and electronics. Better logistics will attract foreign investment, particularly in manufacturing and e-commerce.Tourism Boom: According to the Ministry of Tourism annual reports, Cambodia welcomed over 6.6 million international tourists in 2019, contributing around $5 billion to the economy. With TIA enabling more direct flights, the country hopes to exceed these numbers, especially as post-pandemic tourism rebounds.Job Creation: The airport is expected to create thousands of jobs—from construction workers during its build phase to aviation professionals, retail staff, and hospitality workers once it’s operational.A Tourist-Friendly Visa ProcessTravelers to Cambodia will find it easier than ever to visit, thanks to TIA’s streamlined visa process. E-Visas and Visa-on-Arrival systems integrated with airport technology will speed up immigration, reducing wait times and enhancing traveler satisfaction. The government plans to promote longer tourist stays and repeat visits, boosting spending in key sectors like hospitality and retail.Real Estate Transformation: Opportunities Near TIAWith all this development, the area around Techo International Airport is rapidly becoming a hotbed for real estate investment. Here are two standout projects:Borey Chankiri: Nestled close to the airport, Borey Chankiri is a thoughtfully designed residential project that offers modern homes surrounded by green spaces. Perfect for families and professionals, it combines sustainability with easy access to Phnom Penh and TIA. Learn more about Borey Chankiri. R&F City Miro: A premium mixed-use development featuring luxurious apartments and commercial spaces, R&F City Miro caters to high-end buyers and investors. Its location near the airport makes it ideal for frequent travelers and expatriates. Check out more about R&F City Miro. Both of these projects showcase how the area is evolving into a dynamic urban hub, with rising property values making now the perfect time to invest.The Bigger Picture: What TIA Means for CambodiaTecho International Airport is more than just a new airport—it’s a launchpad for Cambodia’s ambitions on the world stage. By improving connectivity and modernizing infrastructure, TIA is helping to position Cambodia as a key player in Southeast Asia. For instance, the increased trade, tourism, and investment generated by TIA could add billions of dollars to Cambodia’s economy annually while the airport will also strengthen Cambodia’s role in the ASEAN region, making it easier to host international business events and conferences.Additionally, the recent launch of the Kbal Thnal Bridge further complements TIA’s connectivity benefits. This bridge significantly reduces travel time between Phnom Penh and key surrounding regions, providing smoother access to the airport and nearby developments. Together, these infrastructure projects create a comprehensive network that supports economic growth and urban mobility.By aligning with smart and green development principles, TIA ensures sustainable growth that benefits not just businesses but also local communities.Ready to Explore Opportunities Near TIA?Techo International Airport is a symbol of progress for Cambodia, promising to transform the way people travel, do business, and live. With its ability to attract global attention and local opportunities, it’s not just an airport—it’s the future. Now’s the time to be part of this exciting journey.If you’re excited about what Techo International Airport could mean for Cambodia—and for you—take a closer look at real estate projects nearby. Whether you’re interested in family-friendly homes like Borey Chankiri or luxurious living at R&F City Miro, you can find your perfect property on Realestate.com.kh!

There is a target from the Royal Cambodian government to map and have all land titles approved and issued over the next few years, and although the Ministry of Land Management, Urban Planning and Construction (MLMUPC) has implemented digitalisation improvements, the registration of land in Cambodia is still time-consuming.So far in 2024, 2,633 investment projects have been approved in the construction which cover a total area of more than 10 million square meters, which is down from 12 million square meters in 2023.Land Title Certificates Distribution To Be Completed by 2027Cambodian Prime Minister Hun Manet announced in November 2024 that the aim is to have the distribution of land title certificates completed before the end of 2027. This was announced at the annual meeting of the Ministry of Land Management, Urban Planning and Construction (MLMUPC).The timing has been targeted as it will be the 40th anniversary of former prime minister Hun Sen initiating the granting of private ownership of land to Cambodian citizens.Minister H.E. Say Samal reaffirmed the government’s commitment to completing the land registration process and emphasised its importance in “promoting stability, development, and equitable land use across the nation.”At the meeting, Hun Manet encouraged the Cambodian provincial and municipal governors to actively ensure the issuance of land title certificates for the citizens.Over the past year, the government has measured and registered more than two million plots of land.Nearly 590,000 new land titles have been issued.A further 1 million parcels of land are still to be surveyed and demarcated.Kampong Cham province was the first province to complete all land surveys and demarcations.In Mondulkiri province, nearly 90,000 hectares of land have been surveyed and registered, with more than 40,000 land ownership certificates issued. A total of 331,439 hectares of state land are registered, representing around 18% of the total area.Government Spokesperson H.E. Pen Bona said this is vital for preparing detailed administrative maps, infrastructure blueprints, and land use master plans, ultimately enhancing citizens’ livelihoods and economic opportunities.In total, Cambodia has registered over 7.7 million private land parcels and to date, the ministry has issued 7 million land titles and surveyed 3 million new parcels.The Ministry also has a target to complete all land registration by 2025 which is intended to resolve all land disputes and strengthen land rights and management.In 2024, The MLMUPC confirmed that Cambodia has attracted US $4.3 billion of investment capital from the construction sector in 2024. Land Disputes To Be SettledFor the issuance of state and collective land certificates, there have been 15,690 reported land disputes, of which 14,919 cases have been resolved, leaving 1,041 disputes still under review. Prime Minister Hun Manet confirmed that the Royal Government plans to allocate approximately US $100 million for land demarcation to resolve land disputes.He said, “In this new mandate, we have prepared 5,000 officers to work (measure and demarcate the boundaries). I have approved an increase in the budget, and we plan to allocate US $100 million to complete this task.”MLMUPC Digitisation Although there have been efforts by the MLMUPC to offer more digitised services, registering land in Cambodia still requires boots on the ground and an in-person visit to the ministry which can be time-consuming.In September 2024, the Ministry of Land Management, Urban Planning, and Construction (MLMUPC) launched a new suite of digital public services as it embarked on its ongoing digital transformation, aligning with the Royal Government’s Pentagon Strategy for Economic Development and Digitalization.The digital transformation is intended to streamline public access to land management services.The procedural flow of services entails 5 steps from creating an account, applying online with all documentation and selecting the service:Vente and Donation Definitive ServicesHypothec and Mortgage ServicesDocuments Tracking Via QR CodeDocuments Saved and Requested andDeclaration of Adjudication AreasOnce requested and accepted, the applicant will receive a notice to pick up their final documents and pay the service fees at the Phnom Penh Department of Land Management, Urban Planning, Construction and Cadaster.Adding QR Codes to Land CertificatesThe MLMUPC and the Ministry of Post and Telecommunication (MPTC) have been working together to standardise QR codes and add them to land certificates which can more easily authenticate important information via the government’s verify.gov.kh. This document verification platform was launched alongside the cmhl.gov.kh, to identify property location in the Kingdom.The idea is that property owners with land certificates can go to the MLMUPC’s website to look up their land information such as location, area, and type of land among others by typing in the number of their land certificate and a security code. This forms part of the priority actions in accordance with the Cambodia Digital Government Policy 2022-2035 of the government’s Pentagonal Strategy-Phase 1. Titled, “Cambodia: My Homeland” the combination of QR codes linked to blockchain technology is intended to ensure secure and verified documentation.Under the system, the property owners can request public services regarding land administration by paying a service fee of 20,000 riels (approximately US $5) and pay digitally via e-banking services such as ABA Pay, Wing, VISA, and MasterCard.  You can read more to understand the differences between Land Titles in Cambodia.

Located in Phnom Penh’s Koh Pich district, Diamond Bay Garden stands as a beacon of modernity and comfort. The 39-story, award-winning waterfront tower combines sleek amenities with contemporary features, offering residents a range of living options, from cosy studios to family-friendly three-bedroom units. With its prime location at the confluence of the Mekong, Tonle Sap, and Bassac Rivers - Diamond Bay Garden boasts panoramic views of Phnom Penh’s bustling cityscape and the three rivers, creating a balance of urban living and scenic landscape. Beyond the residences, the condominium offers exclusive amenities, including a swimming pool facing the Bassac River, a fully equipped fitness centre, and a Sky Bar and Restaurant, making Diamond Bay Garden a destination for comfort and community.The Koh Pich Central Business DistrictKoh Pich is increasingly becoming one of Phnom Penh’s most desirable locations. As a vibrant and emerging Central Business District (CBD), Koh Pich offers an array of lifestyle, educational, and commercial conveniences that cater to the diverse needs of its residents, and provide long-term investment opportunities. Diamond Bay Garden stands as a gateway to this thriving CBD, allowing direct access to landmarks, lifestyle facilities, and numerous food and beverage options from international coffee chains like Starbucks Reserve to local eateries, and business centres.A Prime Location for Living, Working, and ConnectingDiamond Bay Garden’s location within Koh Pich brings attractive amenities right to residents' doorsteps, offering direct access to top-tier schools, over eight hectares of parks, riverwalks, green areas, premium office spaces, shopping venues, embassies, and state-of-the-art hospitals. Koh Pich’s gradual evolution into a fully integrated CBD has enabled residents and investors to find a “live-work-play” environment with some of Phnom Penh’s finest offerings only minutes away.Coconut Park: A popular outdoor green space within Koh Pich - Coconut Park provides a tranquil oasis for visitors of all ages. This lush area is perfect for weekend picnics, families, pets, pop-up retail, sports, and community gatherings—making it one of the rare green spaces in Phnom Penh.International Schools and Higher Education: For parents, access to quality education is a priority. The Canadian International School (CIS), French International School (EFI), and DeMontfort University offer world-class curriculums right within Koh Pich. Known for their top-tier facilities and commitment to academic excellence, these institutions are among the best choices for both expatriate and local families.High-Grade Offices: Koh Pich CBD boasts over 700 businesses, from Fortune 500 companies to innovative start-ups, creating a dynamic professional ecosystem. Residents of Diamond Bay Garden are minutes from premium and sustainably designed office spaces, and investors stand to benefit from the presence of over 7,000 professionals working in Koh Pich.Concerts, Events and Leisure: As one of Phnom Penh’s premier destinations for entertainment, Koh Pich hosts concerts featuring local and international stars alike, including Cambodian artists like Mann Vannda and Aok Sokunkanha, as well as global icons like Manny Pacquiao, PSY, and Jessie J. Entertainment Venues in the Koh Pich CBD routinely welcome over 20,000 visitors during events. Beyond concerts, from Google Cloud gatherings to the Ethereum Foundation conferences and large construction fairs - Koh Pich has hosted events from a wide range of industries and sectors. For residents of Diamond Bay Garden, this translates to lively entertainment and valuable networking opportunities within walking distance.The DeveloperDiamond Bay Garden is the collaboration between two prominent players in the real estate industry: Overseas Cambodian Investment Corporation (OCIC) and The Ascott Limited.OCIC: As a pioneer in Cambodian infrastructure and real estate, OCIC has played a significant role in the country’s transformation, delivering a series of iconic projects. With over 25 years in operation, OCIC has completed more than 50 projects across Cambodia, including prestigious residential complexes, commercial spaces, and major infrastructure like the Techo International Airport and the Norea Cable Bridge.The Ascott Limited: Managing the Guaranteed Rental Return (GRR) units located between floors 27 to 37, as well as the Sky Bar and Restaurant under the Somerset Diamond Bay Garden brand, is The Ascott Limited - a globally recognized name in the hospitality industry. With over 830 properties across 40 countries, Ascott brings deep expertise in property management. The GRR units offer investors bi-annual rental payments totalling 70% over ten years, ensuring both consistent returns and ease of management.Together, OCIC and Ascott bring a blend of local and global expertise to Diamond Bay Garden.Where Rivers Meet CityDiamond Bay Garden presents a promising opportunity in Phnom Penh’s real estate market, combining modern living spaces with a prime location in Koh Pich’s CBD. Whether you’re an investor seeking returns or a resident searching for the ideal home, Diamond Bay Garden offers a strong mix of lifestyle and value.

Located in the heart of this vibrant area, known for its international dining, boutique shops, and proximity to key landmarks, Le Conde BKK1 offers the perfect balance between urban connectivity and thoughtfully curated living spaces.Le Conde offers a variety of thoughtfully designed units to suit different lifestyles and needs. With over 1,000 units across its elegant high-rise, the development features studio apartments, one-six bedrooms unit, each carefully planned to maximize space and functionality. As of October 2024, the project has reached 90% construction completion and is ready to hand in by early 2025, reflecting the developer's commitment to quality and timely delivery. WANG FU GUO JI PROPERTY DEVELOPMENT CO., LTD is known for its expertise in creating high-quality residential projects, ensuring that Le Condé BKK1 meets the expectations of modern urban living.Boeung Keng kang 1 or BKK1 is Phnom Penh’s most wanted neighborhood for a reason. Its mix of cultural landmarks, trendy cafés, and high-end shopping make it the center of the city’s urban growth. Le Conde is ideally positioned to give residents access to everything the district offers. Whether it’s a quick trip to AEON Mall, a leisurely evening walk to Independence Monument, or enjoying the district’s diverse culinary scene, residents are always connected to the best of Phnom Penh.Beyond the homes, Le Conde offers a wide range of amenities that elevate everyday living. The rooftop infinity pool provides stunning views of Phnom Penh, while the fully equipped gym caters to fitness enthusiasts. Shared spaces like the reading lounge and multi-purpose halls encourage a sense of community, and professional concierge services handle the small details, allowing residents to focus on what truly matters.   As Cambodia’s leading real estate platform, Realestate.com.kh is proud to showcase Le Conde BKK1 as one of Phnom Penh’s most promising developments. With a proven track record of connecting buyers, developers, and agents, Realestate.com.kh ensures that projects like Le Conde BKK1 are accessible to local and international investors seeking quality homes or high-potential investments.To sum up, Le Conde exemplifies the art of living well—offering not just a residence but a thoughtfully designed lifestyle in Phnom Penh’s most dynamic district. Explore this unique opportunity through Realestate.com.kh and discover why it’s more than enough for those who value modern urban living.

What Are Green Investments?Green investments refer to traditional investment options—such as stocks, exchange-traded funds (ETFs), mutual funds, or bonds—focused on supporting companies and projects that prioritize environmental sustainability. These investments target businesses actively working to reduce their ecological footprint by implementing practices like waste reduction, carbon emission control, resource conservation, and enhanced energy efficiency. Unlike conventional investments, which primarily seek financial gains, green investments aim to provide returns while contributing to the planet’s well-being.In today’s world, where climate change and environmental challenges are pressing issues, green investments allow investors to align their financial goals with sustainable values, providing a unique way to build wealth while supporting eco-conscious enterprises.Sustainability as a Core Value:In the real estate industry, sustainability has become a fundamental value in green investments. As environmental awareness grows, developers, investors, and consumers are increasingly prioritizing eco-friendly practices. Green investments focus on creating energy-efficient buildings, using sustainable materials, and minimizing environmental impact. For example, Picasso Sky Gemme the design integrates sustainability and art to create a city garden in the heart of a bustling metropolis. This blend of eco-friendly practices with artistic beauty brings humanistic, green spaces to urban living.By integrating renewable energy sources and reducing carbon footprints, sustainable real estate not only addresses urgent environmental concerns but also offers long-term financial benefits. This approach attracts environmentally conscious buyers and tenants, increases property value, and lowers operational costs, establishing sustainability as a central pillar in the future of real estate investments. 'Government Incentives and Regulations:Governments worldwide support green building investments through tax incentives, subsidies, and regulations, making eco-friendly real estate financially appealing. These measures encourage developers and homeowners to prioritize sustainability, with mandatory energy standards ensuring compliance and quality.Investing in green real estate offers significant benefits. Environmentally, it reduces emissions, supports biodiversity, and conserves resources. With incentives and innovations, green homes are more affordable, and energy-efficient designs cut utility costs, offering long-term savings. Green homes also hold a competitive market edge, are future-proofed against upcoming standards, and promote health by creating quality living spaces.Consumer Demand Is Shaping the MarketDemand, or the desire of consumers to purchase a product or service, drives market activity by prompting businesses to adjust supply. In real estate, rising consumer demand, especially from environmentally-conscious Millennials and Gen Z, is fueling green investments. These generations seek homes and offices that reflect their values, prioritizing energy-efficient features like solar panels, smart thermostats, and low-flow water systems. Time Square 8 exemplifies this shift, balancing quality and affordability in Phnom Penh’s growing market with eco-friendly design elements that align with today’s sustainable lifestyle expectations. For developers, adding such sustainable elements is no longer a trend but an expectation.Green Real Estate Investments Are the FutureThe real estate sector’s significant contribution to carbon emissions and energy consumption makes sustainable practices essential. Green real estate investments allow eco-conscious investors to support sustainability while earning returns. As demand for low-impact properties grows, the green real estate market is expanding, becoming a valuable part of investment portfolios. By integrating environmental responsibility with profitability, green real estate investments contribute to a sustainable future and a healthier planet.Conclusion: Long-Term Financial and Environmental BenefitsGreen real estate investments are reshaping the industry by prioritizing sustainability in design and construction. As consumer demand for eco-friendly properties rises, alongside government incentives, developers are recognizing the financial advantages of going green. Energy-efficient buildings offer lower operational costs, higher property values, and stronger returns on investment. Moving forward, green investments will continue to lead the way in building a more sustainable, profitable, and environmentally responsible real estate market.

In an era where digital transformation drives economic growth and innovation, Cambodia is taking bold steps to modernize its economy through the Digital Economy and Society Policy Framework 2021–2035. This ambitious, forward-thinking policy aims to position Cambodia as a dynamic digital economy within Southeast Asia by embracing technological advancements, digital infrastructure, and innovation over the next 15 years. Here’s a deep dive into what the policy entails and the transformative impact it’s poised to bring.1. Background and Vision for a Digital CambodiaThe Cambodian government envisions a fully integrated digital economy that supports sustainable, inclusive growth and improves the quality of life for citizens. As stated in the policy framework, the primary goal is to develop a digital ecosystem that not only enhances economic productivity but also aligns with global standards in digital trade, data management, and innovation. By 2035, Cambodia aims to be recognized as a leading digital nation in the region, one that attracts international investments, fosters local innovation, and strengthens its digital readiness across various sectors.2. Key Objectives of the Policy FrameworkThe Digital Economy and Society Policy Framework outlines several strategic objectives to drive Cambodia’s digital transformation: Economic Diversification: Encouraging the use of digital technology across sectors, including manufacturing, agriculture, finance, and education, to foster diverse economic growth beyond traditional industries.Inclusive Digital Access: Ensuring equitable digital access to all Cambodians, especially those in rural areas, to reduce the digital divide and enable widespread participation in the digital economy.Skill Development: Creating initiatives to upskill the Cambodian workforce, from basic digital literacy to advanced digital skills, to meet the demands of a modern economy.Digital Governance: Establishing a regulatory environment conducive to digital innovation, cybersecurity, and data protection, building trust and resilience in Cambodia’s digital infrastructure.These objectives are aimed at creating a balanced digital ecosystem that can serve both economic and social goals, integrating technology into everyday life and business operations.3. Strategic Phases for TransformationThe policy framework is structured across three key phases, each focusing on specific goals:Phase 1 (2021–2025): Building FoundationsThe first phase emphasizes establishing the foundational digital infrastructure, such as high-speed internet networks, data centers, and digital ID systems. This phase is crucial for laying the groundwork that will support broader digital adoption and integration. Initiatives under this phase include expanding internet access in underserved areas, promoting e-governance platforms, and launching digital literacy programs in schools.Phase 2 (2026–2030): Accelerating IntegrationThis phase aims to integrate digital technologies into priority sectors, such as finance, agriculture, education, and tourism. It will involve developing sector-specific digital platforms to enhance efficiency, productivity, and market access. For example, the promotion of e-commerce platforms for local businesses and agritech solutions for farmers will facilitate growth across industries and broaden the scope of digital adoption in both urban and rural areas.Phase 3 (2031–2035): Achieving Maturity and Global CompetitivenessThe final phase seeks to position Cambodia as a competitive digital economy on the global stage, with a focus on innovation, digital exports, and knowledge-based services. By this phase, Cambodia aims to be a leader in digital governance and to foster a thriving digital sector that can compete internationally, attracting tech-driven investments and nurturing a robust digital startup ecosystem. 4. Fostering a Digital Workforce and InnovationA central focus of the Digital Economy and Society Policy Framework is workforce development. Recognizing that a successful digital transformation depends on a skilled workforce, the policy prioritizes education and specialized training programs to cultivate foundational and advanced tech skills. In response to the Ministry of Education’s emphasis on digital readiness, the National University of Management established the Faculty of Digital Economy, designed to equip students with knowledge in emerging fields such as AI, IoT, blockchain, and data science. This new faculty aims to provide structured pathways into digital professions, fostering a tech-savvy workforce that aligns with Cambodia’s digital ambitions.To complement these educational reforms, the policy promotes innovation hubs and incubators that will support startups, allowing Cambodia’s youth and entrepreneurs to create, test, and scale technology-based solutions. By fostering a digitally capable workforce, Cambodia is positioning itself to take full advantage of the opportunities in the digital economy, building a strong talent pipeline that will fuel the nation’s growth in the digital era.5. Digital Infrastructure DevelopmentBuilding a robust digital infrastructure is foundational to Cambodia’s digital transformation goals, as outlined in the Digital Economy and Society Policy Framework. By investing in high-speed internet, secure data centers, and advanced cybersecurity measures, Cambodia is establishing a digital backbone that will support innovation and efficiency across all sectors, including real estate.For the real estate sector, enhanced digital infrastructure enables platforms like Realestate.com.kh to deliver faster, more reliable services to clients and agents. A stable internet network allows for seamless online property listings, virtual tours, and real-time communication, which are essential for connecting buyers, sellers, and developers. As digital infrastructure expands into more regions, it enables greater accessibility to property markets, allowing potential investors to explore listings online from anywhere, thus opening new opportunities for growth.These advancements are particularly beneficial for real estate companies that rely on digital platforms to reach a broader audience, streamline transactions, and provide transparency. With a stronger digital infrastructure, Cambodia is setting the stage for a modernized real estate market, fostering trust, accessibility, and efficiency for all stakeholders involved.6. Promoting E-Commerce and Digital TradeThe rise of e-commerce in Cambodia has been remarkable, with an increasing number of businesses and consumers participating in online transactions. The policy framework includes measures to strengthen digital trade by improving payment gateways, logistics, and customer protections. By standardizing and simplifying the digital trade environment, Cambodia aims to attract more international e-commerce platforms and encourage local businesses to expand their online presence, driving growth in the retail and services sectors.7. Building Digital Trust Through RegulationAs digital adoption accelerates, maintaining a secure and trustworthy digital environment is essential. The framework emphasizes digital governance through data protection laws, consumer protection policies, and cybersecurity protocols. These regulations aim to safeguard users’ data, ensure fair trade practices, and foster trust in digital services. By implementing these protections, Cambodia aims to create an environment where individuals, businesses, and investors feel confident engaging with digital platforms and services.8. Challenges and OpportunitiesWhile Cambodia’s Digital Economy and Society Policy Framework is an ambitious step forward, it comes with challenges. Limited internet access in rural areas, low levels of digital literacy among the general population, and funding constraints for infrastructure development are key obstacles. Addressing these challenges requires a concerted effort from both public and private sectors, as well as partnerships with international stakeholders.However, the opportunities are immense. As Cambodia progresses through each phase, the potential for economic growth, job creation, and technological innovation will expand. The digital economy opens doors for new business models, enhanced efficiency, and increased competitiveness in the global market.A Digital Future for Cambodia-The Digital Economy and Society Policy Framework 2021–2035 is a transformative vision that places Cambodia on the path to becoming a digitally empowered nation. Through careful planning, phased implementation, and collaboration with key stakeholders, Cambodia aims to unlock the full potential of digital technology. This policy framework not only promises economic growth but also seeks to create a society where digital inclusion is a priority, ensuring that all Cambodians have the opportunity to benefit from a connected world.As Cambodia moves forward, this ambitious policy stands as a testament to its commitment to embracing the digital future, with the promise of a more vibrant, inclusive, and sustainable economy for generations to come.

An internationally modern, 4-star, 36-story hotel has officially groundbreaking alongside The Flora Suites condo in the prime area of Boeung Keng Kang 1, Chamkarmon district.The Flora, a major real estate development company, has partnered with Accor Group to initiate the construction of a 130-meter-tall, 36-story international 4-star hotel named Mercure Hotel Phnom Penh. This hotel, featuring 200 rooms, is located at the intersection of Street 392 and Street 71, in the Boeung Keng Kang 1 area, Chamkarmon district, Phnom Penh.The official groundbreaking ceremony for Mercure Hotel Phnom Penh was held on the morning of Thursday, November 7, 2024, with the presence of prominent figures including Oknha, distinguished guests, national and international dignitaries, and business partners.Oknha Lim Koklong, CEO of The Flora, warmly welcomed all distinguished guests at the groundbreaking ceremony. According to him, the Mercure Hotel Phnom Penh is being constructed alongside The Flora Suites condo, also a 36-story building located in the highly desirable Boeung Keng Kang neighborhood near the Chea Sim Boeung Keng Kang High School in Boeung Keng Kang 1.Mercure Hotel Phnom Penh, part of Accor Group’s 5,300 hotels across 45 brands in 110 countries, will feature over 200 rooms, a multi-purpose hall, fine dining (Omakase/VIP Party Room), a café, fitness club, spa, sauna, library, swimming pool, children’s playground, and extensive parking facilities for cars and motorcycles.Oknha Lim Koklong further highlighted that Mercure Hotel Phnom Penh contributes to national development by providing employment and human resource growth, aligning with the Royal Government’s strategic pentagon for the 7th mandate under Prime Minister Hun Manet.The unique aspect of Mercure Hotel Phnom Penh and The Flora Suites condo is that these adjacent buildings complement each other, providing residents of The Flora Suites with access to Mercure Hotel’s services, including accommodations, dining, and more, without needing to leave the premises.About The Flora: • With over ten years of investment in Cambodia, The Flora has successfully developed three major real estate projects, including the extensive Borey The Flora project, which spans approximately 200 hectares along National Road 6A in Chroy Changvar district. • Leveraging years of real estate experience, customer trust, and the resurgence in Cambodia’s real estate and hospitality sectors, The Flora has partnered with Accor Group to officially break ground on the 36-story, 4-star Mercure Hotel Phnom Penh in Boeung Keng Kang 1, Chamkarmon district. • In addition to real estate and hospitality success, The Flora also serves as the distributor for BYD vehicles, with branches on Preah Monivong Boulevard and in Chbar Ampov district.