News | advice | area guide

With this in mind, Realestate.com.kh spoke to H.E. Mr. Mey Vann, ‎director general of Financial Industry at the Ministry of Economy and Finance, about the upcoming perils for the Cambodian Property Market, and what mechanisms the government is putting in place to avoid harm to the sector.
H.E. Mr. Mey Vann, director general of Financial Industry at the Ministry of Economy and Finance
Realestate.com.kh: What have been the key strategies of the Cambodian government and stakeholders in regards to post-global financial crisis’ resilience for the country’s real estate market?

MV: For the side of government, we have been trying our best to ensure macro stabilities of the economy, keep the inflation rate low, and stabilize the exchange rate of the national currency. In addition, we have strengthened our banking system in relation to market capitalization, especially, for this real estate market we are talking about.
Realestate.com.kh: From the lens of government, what are the key attractions of the Kingdom’s real estate market and why should people invest in this market?

MV: Indeed, when we talk about investment, we do not merely focus on the real estate market but we talk about many factors at the same time. However, specifically talking about real estate, we try to create an open and convenient environment for the market to grow. For example, we make foreigners eligible to own condominiums. In addition, with the context of regional economic integration starting this year, Cambodia is located in a strategic, dynamic region, perfect for thriving growth and investment.
Realestate.com.kh: What is the government’s general evaluation on the property market in 2015?

MV: Yes. Actually to make a figural analysis we need to wait until the end of February when the government’s official reports on economy is finalized. But I can say, as we mention before, the economic growth stood at 7.0% in 2015, which was partly contributed by the increasing real estate market, undeniably.
Realestate.com.kh: This year, 2016, is the kick-off of ASEAN Economic Community, welcoming regional competition. What is the government doing to keep the market of property and real estate moving forward in year ahead?

We will continue our work from previous years including stabilizing the macro situations and diversifying the foundations for the greater national economy. And as part of pushing investment in property and other markets, we are working to build the sector more effectively, alongside public services and social works to bolster the growth. Whenever there is growth, the people get better off with greater purchasing power. These things together can dynamically drive the property market forward.
Realestate.com.kh: What is government seeing as risks and threats for the real estate market? What governmental intervention are we likely to see?

MV: Our main concerns concentrate on the imbalance between demand and supply sides of the property market – where there is more production than consumption (that subsides the price). We are also concerned about the threat rising from beyond the borders – where the region can be in crisis one day to a point where it deteriorates the amount of investment into the country. This results in smaller purchasing power for people in the market.

To be clear, we opt for a private sector-driven free economic system. This means the government will never put any order to drive the market. What we can do is only in the scope I mention earlier with macro elements.
Realestate.com.kh: No order or control from the government. But can you give advice from government’s side to the investors in the real estate market?

MV: We urge investors to have a thorough study before making any investment decision, with consideration to demand and supply. They should not get a greater-than-capability mortgage to invest in the market since this can be risky. Plus, please keep up to date with global market environments and latest developments, since both domestic and global factors are correlated.[:kh]វិស័យ អចលនទ្រព្យ កម្ពុជា
វិធានការរដ្ឋាភិបាលសម្រាប់ វិស័យ អចលនទ្រព្យ កម្ពុជា

ក្នុងឆ្នាំ២០១៥ ទាំងតួលេខរដ្ឋាភិបាល និងក្រុមអ្នកជំនាញព្យាករណ៍ដទៃទៀតបានឱ្យដឹងថា សេដ្ឋកិច្ចកម្ពុជាកើនឡើងក្នុ រង្វង់អត្រា៧%។ មូលនិធិរូបិយបណ្ណអន្តរជាតិ បានរកឃើញថា វិស័យកាត់ដេរវាយនភ័ណ្ឌ​ វិស័យសំណង់ និងវិស័យអចល ទ្រព្យ ជាសសរគ្រឹះទ្រទ្រង់កំណើននៅឆ្នាំកន្លងទៅនេះ។ ស្របពេលគ្នានេះផងដែរ មានក្ដីបារម្ភជាបន្តបន្ទាប់ខ្លាចក្រែង វិស័យ អចលនទ្រព្យ មានបញ្ហាកំណើនផ្គត់ផ្គង់លើសតម្រូវការអាចបង្កផ្ទុះជាវិបត្តិនាពេលណាមួយ។

Realestate.com.kh បានជជែកជាមួយលោក ម៉ី វ៉ាន់ អគ្គនាយកនៃអគ្គនាយកដ្ឋានឧស្សាហកម្មហិរញ្ញវត្ថុនៃក្រសួងសេដ្ឋកិច្ច​និងហិរញ្ញវត្ថុ អំពីវិធានការ និងតួនាទីរដ្ឋាភិបាលក្នុងការធានារក្សាស្ថិរភាពនៃទីផ្សារដ៏មានថាមភាពមួយនេះ។
ក្រោយពីវិបត្តិហិរញ្ញវត្ថុសកលលោកឆ្នាំ២០០៨/២០០៩ តើរាជរដ្ឋាភិបាលលោកបានដាក់ចេញនូវយន្តការក៏ដូចជាគោលនយោបាយអ្វីខ្លះដើម្បីជម្រុញវិស័យដីធ្លី និងអចលនទ្រព្យឱ្យមានសន្ទុះឡើងវិញ?

វិធានការណ៍រដ្ឋាភិបាលគឺថា រក្សាស្ថិរភាពម៉ាក្រូ រក្សានូវអត្រាអតិផរណាឱ្យនៅកម្រិតទាប ធានាឱ្យមានស្ថិរភាពអត្រាប្ដូរប្រាក់នៃរូបិយបណ្ណជាតិ ហើយនិងពង្រឹងវិស័យធនាគារទាក់ទងនឹងកម្រិតមូលធនក្នុងទីផ្សារ អចលនទ្រព្យ ហើយនិងធានាលំហរនៃការជួញដូរអចលនទ្រព្យនេះឯង។
អ្វីទៅជាចំណុចទាក់ទាញវិនិយោគិន និងអ្នកជួញដូរមកកាន់ទីផ្សារ អចលទ្រព្យ របស់កម្ពុជា ក្រោមក្រសែភ្នែករបស់រដ្ឋាភិបាលខ្មែរ?

មែនទែនទៅ យើងមិនមែននិយាយតែវិស័យដីធ្លីទេ គ្រប់ការវិនិយោគទុនយើងមើលទាំងអស់។ ក៏ប៉ុន្តែសម្រាប់វិស័យដីធ្លី យើងផ្ដល់ភាពងាយស្រួល និងបង្កើតភាពទាក់ទាញមួយគឺអនុញ្ញាតិឱ្យជនបរទេសអាចទិញខុនដូបាន។ និងទីពីរ តាមរយៈសមាហរណកម្មសេដ្ឋកិច្ចអាស៊ាន បាននាំឱ្យកម្ពុជាទៅជាប្រទេសដែលមានទីតាំងកណ្ដាលនៃតំបន់យុទ្ធសាស្ត្រសេដ្ឋកិច្ចរបស់តំបន់។​​ សម្រាប់ឆ្នាំ២០១៥កន្លងទៅ អ្វីទៅជាការវាយតម្លៃទូទៅរបស់រាជរដ្ឋាភិបាលទៅលើស្ថានភាពទីផ្សារ អចលនទ្រព្យ ?

មែនទែនទៅ សម្រាប់ទិន្នន័យជាផ្លូវការនៃការវិភាគវាយតម្លៃនឹងត្រូវបញ្ចប់នៅខែកុម្ភៈខាងមុខឯណោះ។ តែជាត្រួសៗ កំណើនសេដ្ឋកិច្ចឆ្នាំ២០១៥តាមការព្យាកររក្សាបានអត្រា៧%ដដែល ហើយដែលក្នុងនោះមានការចូលរួមពីសំណាក់វិស័យ អចលនទ្រព្យ ផងដែរ ដែលមានទីតាំងស្ថិតក្នុងកំណើនល្អ ជាបច្ច័យនាំឱ្យកំណើនសេដ្ឋកិច្ចវាល្អដែរ។
សម្រាប់ឆ្នាំ២០១៦ដែលជាឆ្នាំដំបូងនៃសមារណកម្មសេដ្ឋកិច្ចអាស៊ាន និងក៏ដូចជាសម្រាប់ឆ្នាំបន្តបន្ទាប់ រាជរដ្ឋាភិបាលមានយុទ្ធសាស្ត្រអ្វីទៀតដែរដើម្បីរក្សាស្ថិរភាពទីផ្សារ អចលនទ្រព្យ ចៀសឆ្ងាយពីវិបត្តិ?

ទិដ្ឋភាពសំខាន់ៗដែលយើងអាចធ្វើបាន យើងបន្តធ្វើការងារដែលយើងធ្លាប់ធ្វើពីឆ្នាំ២០១៥ បន្តមកអនុវត្តនៅឆ្នាំ២០១៦នេះទៀត គឺសំខាន់ធានារក្សាស្ថិរភាពម៉ាក្រូ និងធ្វើពិពិធកម្មមូលដ្ឋានគ្រឹះនៃសេដ្ឋកិច្ចជាតិឱ្យ​មានទំហំធំជាងមុន។ ហើយដើម្បីជម្រុញការវិនិយោគទាំងក្នុងវិស័យ អចលនទ្រព្យ និងវិស័យផ្សេងទៀត យើងពង្រឹងប្រសិទ្ធភាពនៃផ្នែកសេវាសាធារណៈ និងផ្នែកសង្គមកិច្ច ដែលធ្វើដូច្នេះ យើងអាចទ្រទ្រង់នូវកំណើនបានហើយ។ កាលណាមានកំណើន(ផ្នែកGDP៖ផលិតផលជាតិសរុប) នោះកំណើននោះនឹងបែងជាភាគផលដល់ប្រជាជន ហើយប្រជាជនមានលទ្ធភាពទិញច្រើនជាងមុន ហើយក្នុងនោះក៏មានលទ្ធភាពក្នុងការទិញ អចលនទ្រព្យ ដែរ។
អ្វីទីជាបញ្ហាប្រឈមសម្រាប់វិស័យ អចលនទ្រព្យ របស់កម្ពុជា ដែលរដ្ឋាភិបាលមើលឃើញ? ហើយរដ្ឋមានវិធីអ្វីខ្លះដែរដើម្បីចៀសឆ្ងាយពីវិបត្តិទាំងនេះ?

វិបត្តិចម្បងដែលយើងព្រួយបារម្ភ គឺអតុល្យភាពរវាងបរិមាណនៃការផ្គត់ផ្គង់ និងបរិមាណនៃតម្រូវការ ក្នុងទីផ្សារ អចលនទ្រព្យ កាលណាដែលក្រុមអ្នកផ្គត់ផ្គង់ផ្ដល់បរិមាណច្រើនលើស លទ្ធភាពនៃបរិមាណតម្រូវការ។ មួយវិញទៀត វាអាចនឹងបញ្ហាគំរាមកំហែងមកពីក្រៅរបងព្រំដែន ព្រោះបើកាលណាប្រទេសជិតខាង ក៏ដូចជាប្រទេសក្នុងតំបន់យើងមានវិបត្តិ នោះលំហូរទុនសម្រាប់ដាក់ការវិនិយោគលើវិស័យនានារួមទាំង អចលនទ្រព្យ ផង នឹងខ្សោយជាងមុនមិនខាន។

ហើយដើម្បីច្បាស់ កុំឱ្យមានការភ័ន្តច្រឡំ នេះជារឿងទីផ្សារ ដែលមិនមែនជាអ្វីដែលរដ្ឋាភិបាលត្រូវដាក់បទបញ្ជាតម្រូវសេដ្ឋកិច្ចនោះទេ ស្របពេលដែលយើងកំពុងបង្កបរិយាកាសសេរីភាវូបនីយកម្មលើការវិនិយោគពីសំណាក់វិស័យឯកជន។ អ្វីដែលយើងធ្វើបានមានត្រឹមតែរក្សាស្ថិរភាពអត្រាប្ដូរប្រាក់ ដូចដែលខ្ញុំបានជម្រាបជូនពីខាងដើម ដើម្បីធានាសុវត្ថិភាពផ្នែកទីផ្សារ ហើយនឹងរក្សាកំណើន ដើម្បីបង្កើនអំណាចទិញរបស់ប្រជាពលរដ្ឋយើង។
អ្វីទៅជាអនុសាសន៍ និងការណែនាំរបស់រាជរដ្ឋាភិបាលសម្រាប់អ្នកវិនិយោគិន និងអ្នកពាក់ព័ន្ធក្នុងវិស័យ អចលនទ្រព្យ ទាំងអស់សម្រាប់ឆ្នាំ២០១៦ និងឆ្នាំខាងមុខទៀត?

យើងស្នើឱ្យគាត់មានការសិក្សាឱ្យបានដឹតដល់ទៅលើបញ្ហាដែលយើងពិភាក្សាខាងដើមហ្នឹងគឺ ការផ្គត់ផ្គង់ និងតម្រូវការ។ ការវិនិយោគក្នុងវិស័យនេះ (អចលនទ្រព្យ) វិនិយោគិន មិនត្រូវខ្ចីលុយលើសពីសមត្ថភាពទុនរបស់ខ្លួន។ មួយវិញទៀត សូមមេត្តាគិតទៅដល់បរិស្ថានសេដ្ឋកិច្ចសកលលោកផង មិនត្រូវមើលតែអត្រាតម្លៃទីផ្សារក្នុងស្រុកនោះទេ ព្រោះថាវិស័យ អចលនទ្រព្យ នេះ វាទាក់ទងនឹងដូច្នេះ បើសិនជាខាងក្រៅមានវិបត្តិ លំហូរទុនមកក្នុងស្រុកនឹងថមថយ ហើយកំណើនចំណូលសម្រាប់ប្រជាជនក៏តិចតួច នាំឱ្យអំណាចទិញរបស់គាត់ទាបទៅតាមហ្នឹង៕[:zh]Government’s Property Market Prospects 2016

Realestate.com.kh exclusive: According to figures from government and other international stakeholders, Cambodia’s economy grew around 7.0% in 2015. The International Monetary Fund said in November 2015 that the Kingdom’s growth was bolstered by three main pillars: textile manufacturing, construction, and real estate sectors. However, there have been subsequent concerns throughout the industry about an anticipated real estate bubble, a potential crisis for the country’s property market.

With this in mind, Realestate.com.kh spoke to H.E. Mr. Mey Vann, ‎director general of Financial Industry at the Ministry of Economy and Finance, about the upcoming perils for the Cambodian Property Market, and what mechanisms the government is putting in place to avoid harm to the sector.
H.E. Mr. Mey Vann, director general of Financial Industry at the Ministry of Economy and Finance
Realestate.com.kh: What have been the key strategies of the Cambodian government and stakeholders in regards to post-global financial crisis’ resilience for the country’s real estate market?

MV: For the side of government, we have been trying our best to ensure macro stabilities of the economy, keep the inflation rate low, and stabilize the exchange rate of the national currency. In addition, we have strengthened our banking system in relation to market capitalization, especially, for this real estate market we are talking about.
Realestate.com.kh: From the lens of government, what are the key attractions of the Kingdom’s real estate market and why should people invest in this market?

MV: Indeed, when we talk about investment, we do not merely focus on the real estate market but we talk about many factors at the same time. However, specifically talking about real estate, we try to create an open and convenient environment for the market to grow. For example, we make foreigners eligible to own condominiums. In addition, with the context of regional economic integration starting this year, Cambodia is located in a strategic, dynamic region, perfect for thriving growth and investment.
Realestate.com.kh: What is the government’s general evaluation on the property market in 2015?

MV: Yes. Actually to make a figural analysis we need to wait until the end of February when the government’s official reports on economy is finalized. But I can say, as we mention before, the economic growth stood at 7.0% in 2015, which was partly contributed by the increasing real estate market, undeniably.
Realestate.com.kh: This year, 2016, is the kick-off of ASEAN Economic Community, welcoming regional competition. What is the government doing to keep the market of property and real estate moving forward in year ahead?

We will continue our work from previous years including stabilizing the macro situations and diversifying the foundations for the greater national economy. And as part of pushing investment in property and other markets, we are working to build the sector more effectively, alongside public services and social works to bolster the growth. Whenever there is growth, the people get better off with greater purchasing power. These things together can dynamically drive the property market forward.
Realestate.com.kh: What is government seeing as risks and threats for the real estate market? What governmental intervention are we likely to see?

MV: Our main concerns concentrate on the imbalance between demand and supply sides of the property market – where there is more production than consumption (that subsides the price). We are also concerned about the threat rising from beyond the borders – where the region can be in crisis one day to a point where it deteriorates the amount of investment into the country. This results in smaller purchasing power for people in the market.

To be clear, we opt for a private sector-driven free economic system. This means the government will never put any order to drive the market. What we can do is only in the scope I mention earlier with macro elements.
Realestate.com.kh: No order or control from the government. But can you give advice from government’s side to the investors in the real estate market?

MV: We urge investors to have a thorough study before making any investment decision, with consideration to demand and supply. They should not get a greater-than-capability mortgage to invest in the market since this can be risky. Plus, please keep up to date with global market environments and latest developments, since both domestic and global factors are correlated.[:ja]Government’s Property Market Prospects 2016

Realestate.com.kh exclusive: According to figures from government and other international stakeholders, Cambodia’s economy grew around 7.0% in 2015. The International Monetary Fund said in November 2015 that the Kingdom’s growth was bolstered by three main pillars: textile manufacturing, construction, and real estate sectors. However, there have been subsequent concerns throughout the industry about an anticipated real estate bubble, a potential crisis for the country’s property market.

With this in mind, Realestate.com.kh spoke to H.E. Mr. Mey Vann, ‎director general of Financial Industry at the Ministry of Economy and Finance, about the upcoming perils for the Cambodian Property Market, and what mechanisms the government is putting in place to avoid harm to the sector.
H.E. Mr. Mey Vann, director general of Financial Industry at the Ministry of Economy and Finance
Realestate.com.kh: What have been the key strategies of the Cambodian government and stakeholders in regards to post-global financial crisis’ resilience for the country’s real estate market?

MV: For the side of government, we have been trying our best to ensure macro stabilities of the economy, keep the inflation rate low, and stabilize the exchange rate of the national currency. In addition, we have strengthened our banking system in relation to market capitalization, especially, for this real estate market we are talking about.
Realestate.com.kh: From the lens of government, what are the key attractions of the Kingdom’s real estate market and why should people invest in this market?

MV: Indeed, when we talk about investment, we do not merely focus on the real estate market but we talk about many factors at the same time. However, specifically talking about real estate, we try to create an open and convenient environment for the market to grow. For example, we make foreigners eligible to own condominiums. In addition, with the context of regional economic integration starting this year, Cambodia is located in a strategic, dynamic region, perfect for thriving growth and investment.
Realestate.com.kh: What is the government’s general evaluation on the property market in 2015?

MV: Yes. Actually to make a figural analysis we need to wait until the end of February when the government’s official reports on economy is finalized. But I can say, as we mention before, the economic growth stood at 7.0% in 2015, which was partly contributed by the increasing real estate market, undeniably.
Realestate.com.kh: This year, 2016, is the kick-off of ASEAN Economic Community, welcoming regional competition. What is the government doing to keep the market of property and real estate moving forward in year ahead?

We will continue our work from previous years including stabilizing the macro situations and diversifying the foundations for the greater national economy. And as part of pushing investment in property and other markets, we are working to build the sector more effectively, alongside public services and social works to bolster the growth. Whenever there is growth, the people get better off with greater purchasing power. These things together can dynamically drive the property market forward.
Realestate.com.kh: What is government seeing as risks and threats for the real estate market? What governmental intervention are we likely to see?

MV: Our main concerns concentrate on the imbalance between demand and supply sides of the property market – where there is more production than consumption (that subsides the price). We are also concerned about the threat rising from beyond the borders – where the region can be in crisis one day to a point where it deteriorates the amount of investment into the country. This results in smaller purchasing power for people in the market.

To be clear, we opt for a private sector-driven free economic system. This means the government will never put any order to drive the market. What we can do is only in the scope I mention earlier with macro elements.
Realestate.com.kh: No order or control from the government. But can you give advice from government’s side to the investors in the real estate market?

MV: We urge investors to have a thorough study before making any investment decision, with consideration to demand and supply. They should not get a greater-than-capability mortgage to invest in the market since this can be risky. Plus, please keep up to date with global market environments and latest developments, since both domestic and global factors are correlated.[:fr]Government’s Property Market Prospects 2016

Realestate.com.kh exclusive: According to figures from government and other international stakeholders, Cambodia’s economy grew around 7.0% in 2015. The International Monetary Fund said in November 2015 that the Kingdom’s growth was bolstered by three main pillars: textile manufacturing, construction, and real estate sectors. However, there have been subsequent concerns throughout the industry about an anticipated real estate bubble, a potential crisis for the country’s property market.

With this in mind, Realestate.com.kh spoke to H.E. Mr. Mey Vann, ‎director general of Financial Industry at the Ministry of Economy and Finance, about the upcoming perils for the Cambodian Property Market, and what mechanisms the government is putting in place to avoid harm to the sector.
H.E. Mr. Mey Vann, director general of Financial Industry at the Ministry of Economy and Finance
Realestate.com.kh: What have been the key strategies of the Cambodian government and stakeholders in regards to post-global financial crisis’ resilience for the country’s real estate market?

MV: For the side of government, we have been trying our best to ensure macro stabilities of the economy, keep the inflation rate low, and stabilize the exchange rate of the national currency. In addition, we have strengthened our banking system in relation to market capitalization, especially, for this real estate market we are talking about.
Realestate.com.kh: From the lens of government, what are the key attractions of the Kingdom’s real estate market and why should people invest in this market?

MV: Indeed, when we talk about investment, we do not merely focus on the real estate market but we talk about many factors at the same time. However, specifically talking about real estate, we try to create an open and convenient environment for the market to grow. For example, we make foreigners eligible to own condominiums. In addition, with the context of regional economic integration starting this year, Cambodia is located in a strategic, dynamic region, perfect for thriving growth and investment.
Realestate.com.kh: What is the government’s general evaluation on the property market in 2015?

MV: Yes. Actually to make a figural analysis we need to wait until the end of February when the government’s official reports on economy is finalized. But I can say, as we mention before, the economic growth stood at 7.0% in 2015, which was partly contributed by the increasing real estate market, undeniably.
Realestate.com.kh: This year, 2016, is the kick-off of ASEAN Economic Community, welcoming regional competition. What is the government doing to keep the market of property and real estate moving forward in year ahead?

We will continue our work from previous years including stabilizing the macro situations and diversifying the foundations for the greater national economy. And as part of pushing investment in property and other markets, we are working to build the sector more effectively, alongside public services and social works to bolster the growth. Whenever there is growth, the people get better off with greater purchasing power. These things together can dynamically drive the property market forward.
Realestate.com.kh: What is government seeing as risks and threats for the real estate market? What governmental intervention are we likely to see?

MV: Our main concerns concentrate on the imbalance between demand and supply sides of the property market – where there is more production than consumption (that subsides the price). We are also concerned about the threat rising from beyond the borders – where the region can be in crisis one day to a point where it deteriorates the amount of investment into the country. This results in smaller purchasing power for people in the market.

To be clear, we opt for a private sector-driven free economic system. This means the government will never put any order to drive the market. What we can do is only in the scope I mention earlier with macro elements.
Realestate.com.kh: No order or control from the government. But can you give advice from government’s side to the investors in the real estate market?

MV: We urge investors to have a thorough study before making any investment decision, with consideration to demand and supply. They should not get a greater-than-capability mortgage to invest in the market since this can be risky. Plus, please keep up to date with global market environments and latest developments, since both domestic and global factors are correlated.[:]