real estate
A truck used to haul sand and gravel pulls into a village on Koh Dach on Friday, April 22, 2022. (Andrew Haffner/VOD)

Silk Island Development Strains Roads, Locals Say

Increasing development on Koh Dach, known in English as Silk Island, is breaking down the island community’s older roads with no clear plans yet to rebuild, residents say.

Kem Sokha speaks to reporters at his house in Phnom Penh on the morning of January 22, 2020. (Chorn Chanren/VOD)

Kem Sokha Puts Phnom Penh Villa on Sale for $2.4M

Kem Sokha, Cambodia’s ex-opposition leader still awaiting the resumption of his treason trial, has put his six-bedroom Toul Kork district home on the market for $2.4 million.

A row of tuk tuks park in front of building frames in Sihanoukville on December 2, 2020. (Danielle Keeton-Olsen/VOD)

Government Requests Leniency for Borey Buyers Struggling to Pay

The government is asking property developers to show leniency toward people struggling to pay installments on their gated homes and condominiums, even as a spokesman said a separate youth-led campaign calling for suspending microfinance repayments was illegal.

Buildings in Phnom Penh, on February 17, 2021. (Michael Dickison/VOD)

Real Estate Firm Warns of Market Risks From Pandemic, Oversupply

Though the country has so far weathered the pandemic without massive viral outbreaks, the risks are piling up on Cambodia’s real estate market after years of rapid growth and high profit, according to an international property research and sales firm.