Logo of Phnom Penh Post newspaper Phnom Penh Post - Land pricing: Valuers to meet in Siem Reap

Land pricing: Valuers to meet in Siem Reap

Land pricing: Valuers to meet in Siem Reap

Land pricing
The ASEAN Valuers Association will today convene its first meeting in Cambodia on real-estate valuation, which experts say ought to improve the industry.

The three-day event, in Siem Reap, was the first time the  ASEAN association had held an event in Cambodia since the country’s association joined in 2009,  National Valuers Association of Cambodia president Sung Bonna said yesterday.

“The AVA wants to hold the event in Cambodia because it is interested in the development of the real-estate market here and the country offers a new frontier for developers to look for investment,” he said.

The ASEAN association convened the congress every two years with the aim of exchanging views and experience,    Sung Bonna said.

“I think this is a good change, and it’s very important for our country to share its experience and gain new knowledge in real-estate valuation in order  to reach an international    standard in property valuation.”

Cambodia had relatively little experience in valuing real estate, but other ASEAN countries had sent their experts to provide training at an international standard for next year, Sung Bonna said. 

MOST VIEWED

  • US to ramp up sanctions after ‘flawed’ national polls

    At a press conference on Wednesday, the US State Department announced that it would expand visa sanctions on the Cambodian officials and individuals it deems responsible for “undermining democracy” in Cambodia. At the briefing, spokesperson Heather Nauert reiterated that the department regarded the July 29 elections

  • US names new ambassador to Cambodia

    US President Donald Trump on Friday appointed W Patrick Murphy as the new US Ambassador to Cambodia, replacing incumbent William A Heidt. A press release posted on the White House’s website said nominee W Patrick Murphy is currently acting principal deputy assistant secretary at

  • Final poll results confirm first single-party Assembly

    IN an unprecedented situation in Cambodian politics, the official results of the July 29 national elections have declared that the Cambodian People’s Party (CPP) will take all 125 seats in the National Assembly on the back of it receiving 76 per cent of the votes. The National

  • Kingdom is at a crossroads between East, West after poll

    It was dubbed a success by caretaker prime minister Hun Sen after the electoral victory of his Cambodian People’s Party (CPP), which is poised to take all seats in the National Assembly. But the July 29 national election has not been positively looked at by