YYP eNewsletter #107 December 2016

Yong Yap Properties e-Newsletter ISSUE #107 DEC 2016

Property of the week

Top Reasons to Buy

  • Quality Western Renovation
  • Fully Furnished
  • Currently Tenanted
  • Streetfront entrance
  • North facing
Exceptionally Well Designed Apartment St 136 – $60,000
Just recently come on the market, this one bedroom apartment on Street 136, close to Norodom Boulevard, has been exceptionally well designed. The apartment is approximately 55 sqm and the design has utilised the space efficiently and the finishing is to a extremely high standard. The living area has a TV and a separate bedroom with an additional mezzanine space which can be used as an office space or guest bedroom. The kitchen has good quality fitted cupboards, a 4 ring hob and oven, extractor hood and fridge. The bathroom has a shower, WC, sink and washing machine.The apartment is fully furnished. The entrance is at street level and the stairwell is clean and in very good condition with a balcony overlooking street 136, at the quiet end of the street. Read more >> Renovated apartment for sale on 136

YYP: VDB Loi 2016 Legal, Tax and Customs Summit
VDB-Loi held a full day seminar on the 7th of December 2016 to wrap up the end of 2016 with latest updates on law/taxation and what is installed for 2017. The directive of H.E. Kong Vibol (director general of General Department of Tax) to clean up the tax system is going strong, and as promised, GDT will make their system easier for business’s rather than a burden. This can be seen by the number of amendments and new prakas, especially on significant issues brought up by the private sector. Read more >> Fringe benefit tax, Double Tax Agreement and more
REAKH: Real Estate Regulation and Planning Gaps in Cambodia
As the construction industry has risen to become the single most progressive engine of economic growth in the Kingdom, various sector stakeholders suggest there is an increasing need for added legal protections within the industry, overarching urban planning, along with more protections and long term policies to sustain investments in the sector. Read more >> Real Estate Regulation and Planning Gaps in Cambodia
PPP: MLMUPC to pay closer attention to Cambodia’s ‘middle class’
The Ministry of Land Management Urban Planning and Construction (MLMUPC) is planning to study Cambodia’s middle class to assist with the drafting of housing policies which reflect their income levels. Read more >> Housing policies to match income levels
KT: City to Airport Rail Link
A railway linking Phnom Penh to its international airport is being planned, with passengers getting the chance to check in baggage and get boarding passes before they get on the train. The line would join the Phnom Penh to Preah Sihanouk track which runs past the airport. Read more >> Phnom Penh to Aiport rail

Thought of the week
Hug your haters and kill them with your kindness. – Rohan Chaubey

Laugh of the week
Perfect hearing aids An elderly retired gentleman had had severe hearing problems for some time. He went to the doctor and the doctor was able to have him fitted for a set of hearing aids that allowed the man to hear better than he had ever heard before. One month later, the elderly man went back again to the doctor. The doctor said, “Your hearing is perfect. Your family must be really pleased that you can hear again.” The gentleman said, “Oh, I haven’t told my family yet. I just sit around and listen to the conversations. I’ve changed my will three times!”  

Property Hot List
Land & Business in Prime Tourist location
  • Price: $1,970,000
  • Bedrooms: 12
  • Bathrooms: 13
  • Size: 759.6m² 8176ft²
  • Ref #: DP10.AG21
  • View listing >>

8% + Investment On Street 172
  • Price: $80,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 107.35m² 1156ft²
  • Ref #: DP4.H39
  • View listing >>

Low Price High Potential
  • Price: $67,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Size: 100.94m² 1087ft²
  • Ref #: DP7.P3
  • View listing >>

Spacious Family style apartment
  • Price: $1,500
  • Bedrooms: 3
  • Bathrooms: 2
  • Size: 218m² 2347ft²
  • Ref #: DP4.H26
  • View listing >>

Clean modern 1 bedroom

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