Copied
Investing in a building in Phnom Penh offers several compelling advantages as below: 1. Rapid Economic Growth Cambodia has experienced steady economic growth over the past decade, with Phnom Penh as the epicenter of this development. The city’s growth is fueled by increasing foreign direct investment, rising tourism, and a burgeoning middle class. Read more….
Read moreRather than holding cash outside or within a bank account, investing funds into assets that are expected to appreciate is typically a wiser financial strategy. There are numerous investment opportunities available, but real estate situated in prime locations is likely to provide a more stable and higher-yielding return compared to other options. When discussing investment…
Read moreBKK1 is a popular location for expats and foreigners to live due to its convenient and central location. The area offers a wide variety of restaurants representing diverse cuisines, making it suitable for people from different cultural backgrounds. Residents can enjoy a variety of dining options, from breakfast and lunch to dinner and desserts, allowing…
Read moreThe cost of living in Phnom Penh is divided into 4 major categories which is Housing, Utilities, Food and Transportation Housing For an apartment or condo in the center of the city, the average monthly rent would be from $400 to as high as $1500 depending on the room, the location and the facilities along…
Read moreThe process of obtaining Cambodian citizenship is not overly complex, but it is not easy either. There are three main ways to acquire Cambodian citizenship – through marriage, by birth and by meeting the specific requirements outlined in the Cambodian nationality law. Those requirements are Good attitude and ethics, certified by the local municipal…
Read moreThere are mainly 4 forms of title ownerships available in Cambodia Soft Title Hard Title LMAP Title CO-Ownership or Strata Title Soft Title Soft titles are the most common form of property ownership in Cambodia, making up an estimated 75% of all holdings. These titles are registered at the local Sangkat (council)…
Read moreRelocating to a new country is often more challenging than it first appears. Regardless of the distance involved, one must be prepared to adapt to various unfamiliar elements, including a different lifestyle, culture, and customs, when moving from one country to another. Things you should before moving to Cambodia Visa Requirements Be sure to…
Read moreCambodia offers several types of Visas Tourist Visa: The Cambodian tourist visa is intended for travelers who are visiting Cambodia for the purpose of tourism. It is for those seeking to stay and explore Cambodia for a relatively short duration. Ordinary Visa: The Ordinary Visa is similar to a tourist visa, but the key…
Read moreThe official currency of Cambodia is the Cambodian Riel, which is used by both natives and foreign tourists. In addition to the official currency, the US Dollar (USD) is also commonly accepted and utilized because of its convenience to users, particularly for bigger transactions. 100, 500, 1000, 2000, 5000, 10000, 15000, 20000, 50000, and 100,000…
Read moreOpening a bank account is an intelligent decision for anyone wishing to take charge of their finances because it’s a crucial step in managing your personal finances and a necessary component of reaching financial independence and stability. Maintaining financial discipline and budgeting are essential for everyone, and having a bank account makes it easier to…
Read moreCars are a crucial part of daily life for many people. Currently, Cambodia does not have any manufacturing facilities for cars or car parts, which leads to high prices for vehicles. All cars in Cambodia are imported. Despite the lack of domestic production, buying a car in Cambodia can be relatively straightforward for both locals…
Read moreGRR (Guaranteed Rental Return) is the promise of reliable profits for your real estate investment. The strategy is getting popular day by day especially in Cambodia. The guaranteed profits is being said by the property’s developer or management company. Here are a short overview of GRR GRR plans provide investors with a minimum rental income…
Read moreTo get this document, foreigners must request the letter at the local commune (Sangkat) office where the applicant lives or has resided in Cambodia. Apply for the certificate of residence will NOT be free of charge. Applicants need to bring the following paperwork (foreign) Provide proof of residency in the form of a passport Rental…
Read moreSteps to obtain a Cambodian Driver’s License ( Foreigner ) Step 1 : Gather the required documents Passport Valid visa Certificate of current residence issued by the competent authority 3 White 4×6 photos Medical Certificate Your valid foreign driver’s license Step 2 : You can apply for a driving test through the Ministry of Public…
Read morePhnom Penh Area Guide: Khan Chamkar Mon Chamkar Mon (Khmer: ចំការមន, ‘Mulberry Farm’) is the southernmost district in central Phnom Penh. The district covers an area of 10.56 km2. According to the 2019 census, the population is 70,772. On January 8, 2019, according to sub-decree 03 អនក្រ.បក, 7 sangkats from Khan Chamkar Mon have been moved to…
Read morePhnom Penh Area Guide: Khan Boeng Keng Kang Khan Boeng Keng Kang is often referred to as BKK – is a central district in Phnom Penh and considered the city’s heartbeat. There are 7 sub-districts in BKK3, 3 of them – BKK1, BKK2 and BKK3 are the most sought-after destinations among expats whether they are…
Read morePhnom Penh Area Guide: Khan Russey Keo Russey Keo, also spelled as Russei Keo, nestled in the northwest outskirts of Phnom Penh. The district stands as a bridge between the city’s vibrant urban landscape and the serene countryside. [custom_map_shortcode zoom=”14″ height=”580″ term_id=”2480″] It offers a unique blend of residential, commercial, and industrial areas, making it…
Read morePhnom Penh Area Guide: Khan Chbar Ampov Khan Chbar Ampov is located in the southeast of Phnom Penh and connected to the city center by Preah Monivong Bridge. It emerges as a rapidly developing district offering a refreshing escape from the city’s bustling center. The area is booming with gated residential communities because of housing…
Read morePhnom Penh Area Guide: Chroy Changvar Chroy Changvar is a satellite city between the Mekong and Tonle Sap Rivers. The peninsula – once just a marshy swamp that seemed to bear little promise – is one of the most sought-after districts in Phnom Penh with breathtaking riverfront views. Its growth has attracted a mix of…
Read morePhnom Penh Area Guide: Street 2004 Located in the bustling district of Sen Sok in Phnom Penh, Street 2004 stands out as a vibrant and dynamic thoroughfare, offering diverse attractions, amenities, and experiences for residents and visitors alike. From bustling markets to delectable dining options, Street 2004 encapsulates the energetic spirit. It’s an emerging hub…
Read morePhnom Penh Area Guide: Boeng Tumpun Nestled in the southeastern part of Phnom Penh, Boeng Tumpun is an intersection within Mean Chey district. Boeng Tumpun has emerged as a sought-after residential area for both locals and expatriates alike. Boasting a strategic location, offering easy access to the city center, Russian Market, and other districts, including…
Read morePhnom Penh Area Guide: Khan Sen Sok Khan Sen Sok, located in the northwestern part of Phnom Penh, is a rapidly developing district that offers a mix of residential, commercial, and industrial areas. Known for its expanding infrastructure and modern amenities. Its proximity to Phnom Penh International Airport adds to its appeal for frequent travelers. …
Read morePhnom Penh Area Guide: Tuol Svay Prey Tuol Svay Prey 1 and Tuol Svay Prey 2 (often referred to together as TSP) are neighboring districts in Phnom Penh that offer a mix of residential and commercial spaces. TSP is a blend of modern and traditional elements. You will find a mix of local shops and…
Read morePhnom Penh Area Guide: Eden Garden (Daun Penh) Eden Garden area is an increasingly popular residential area around Eden Garden Mall. The area was previously known as “Boeung Kak,” which means “The Lake of Sedge” and was the largest lake in Phnom Penh until 2010. It is currently being transformed into the bustling commercial section…
Read morePhnom Penh Area Guide: Prampir Makara Prampir Makara, also known as 7 Makara, offers a unique experience for expats in Phnom Penh. While not the typical expat enclave, it provides a central location and a chance to immerse yourself in the local rhythm of the city. Unlike expat-heavy areas, Prampir Makara offers a more authentic Cambodian…
Read morePhnom Penh Area Guide: Toul Kork Toul Kork, a vibrant district located northwest of Phnom Penh’s city center, is a rapidly developing area that blends modern amenities with a touch of local charm. Known for its quieter streets, residential feel, and burgeoning infrastructure, Tuol Kork is becoming increasingly popular among expats seeking a balanced lifestyle…
Read morePhnom Penh Area Guide: Daun Penh Daun Penh lies by the bank of the Tonle Sap River. The district seamlessly blends the old with the new – known for its historical significance and contemporary energy. This historically major district has gone through rapid development in the past 2 decades. Daun Penh is where “History Whispers…
Read morePhnom Penh Area Guide: Russian Market (Tuol Tumpoung) The Russian Market area, also known as Toul Tom Poung, throbs with the infectious energy of Phnom Penh. This dynamic district offers a captivating blend of local markets, trendy boutiques, delectable street food, and a surprisingly diverse real estate market. The Russian Market acquired its name in…
Read morePhnom Penh Area Guide: Boeng Trabaek Boeng Trabaek, nestled within Phnom Penh’s Chamkar Mon district, offers a refreshing escape from the tourist mob. Unlike the flashy and bustling streets of other areas, Boeng Trabaek exudes a genuine Cambodian charm, perfect for those seeking a glimpse into local life. [custom_map_shortcode zoom=”14″ height=”580″ term_id=”131″] Affordability makes Boeng…
Read morePhnom Penh Area Guide: Bassac Garden City Bassac Garden City is a charming neighborhood nestled on the East bank of the Bassac River in Phnom Penh. This gated community is known for its blend of tranquility and urban convenience. This residential development occupies a land area of 140,000 square meters and consists of 252 units….
Read morePhnom Penh Area Guide: Diamond Island (Koh Pich) – A Leisure Oasis Diamond Island, locally known as Koh Pich, is a satellite city located on the Mekong and Bassac Rivers in the Tonle Basak Intersection. Until 2000, the site was a swamp, but today it is being developed into a residential and business district. With…
Read morePhnom Penh Area Guide: Tonle Basak Thrumming with a unique blend of diplomatic intrigue and contemporary allure, Tonle Bassac stands out as one of Phnom Penh’s most dynamic districts. Nestled on the west bank of the Bassac River, it has shed its former tranquility to become a vibrant hub for embassies, international corporations, and a…
Read morePhnom Penh Area Guide: BKK2 and BKK3 – Mix of Cultures These bustling districts offer a captivating blend of cultures, making them sought-after destinations for locals and expatriates alike. BKK2 and BKK3 invite you to experience the diverse tapestry of Cambodian life. [custom_map_shortcode zoom=”14″ height=”580″ term_id=”93″] Nestled next to BKK1, inside 2 major roads of…
Read morePhnom Penh Area Guide: BKK1 – The Expat’s Heaven BKK1 is nestled in the heart of Phnom Penh. It has earned its reputation as the heaven for the expats in Cambodia’s bustling capital. Its electric blend of modernity and tradition offers a unique living experience characterized by its cosmopolitan atmosphere, diverse culinary scene, and rich…
Read moreWhat do you need to know before investing in pre-construction or under-construction condos in Phnom Penh? One of the surest ways to grow your money is by investing in pre-construction or under-construction condos. Your investment increases value from the first day you purchase the unit and will continue to appreciate until you decide to sell…
Read moreOwning a home is a keystone of wealth… both financial affluence and emotional security.
Suze Orman