Profile

MAXEM Property is a licensed real estate company providing a full range of residential and commercial real estate services in Cambodia, including property search, sales & rental, property management, and investment advisory. Everyone deserves to find the right space for their particular needs, whether that space is a home, apartment, office, warehouse, retail space, or investment property. MAXEM Property can lead the way and make the search process easier by providing you with the knowledge and insight to select the best properties available.

MAXEM Property is committed to working with integrity and care, empowering our associates to deliver the highest levels of service to our valued clients. We combine a global mindset with local industry knowledge to provide a best of both worlds approach. test

MAXEM Property is a locally registered real estate investment firm, providing a full range of real estate brokerage, property management, and advisory services to Cambodian and international clients. We work with residential and commercial real estate assets, assisting with property searches, sales, and rental transactions.

Management Services

Property Management 
1. Our team of property management specialists works closely with real estate owners and investors to develop and manage customized programs that focus on cost-efficient operations and tenant retention.
2. Our in-depth knowledge of local real estate markets affords our clients deal-making ability in Phnom Penh and all provinces of Cambodia. 
3. Services include:

   • Tenant finding services
   • Rent Collection
   • Building operations and maintenance
   • Property accounting and financial reporting
   • Contract management and lease administration
   • Lease supervision and lease proposal analysis
   • Lease registration
   • Corporate land holding vehicle
   • Due diligence

Real Estate Investment Trusts (REITs) - A real estate investment trust is a corporation that combines the capital of many investors to acquire or provide financing for real estate, offers the benefits of a real estate portfolio under professional management and is required to pay distributions to investors of at least 90 percent of its taxable income.

Preparing Your Home for Sale

Preparing to sell your home can be stressful and time consuming. Knowing what kind of things to focus on can greatly reduce your stress and keep you focused on the projects you need to undertake in preparing your home for sale. Having a home that is clean and in good condition will typically sell for a higher price and more quickly than homes that are not well maintained.

The difference between a home in good condition and one that is not many times is as simple as a new paint job or replacing damaged fixtures throughout the home. Put yourself in the potential buyers’ shoes and take a good hard look at your home.

While a property investment in Cambodia would not necessarily be top of the list for many property investors, there have been a number of major changes over the last few years with regard to internal difficulties within the country, and it looks as though Cambodia could become one of the new property investment boom areas for 2008 and beyond.

Cambodia’s housing market is plummeting, and the government is considering a new law to allow foreigners to own buildings.

In 2005, the government amended an investment law to allow foreign ownership of buildings. However Cambodia’s property market was then experiencing one of the biggest booms in Asia. As a result, the law was never implemented and the idea floundered.

The Global Property Guide looks at inheritance from two angles: taxation, and what inheritance laws apply to foreigners leaving property in Cambodia: what restrictions there are and whether making a will is advisable. There are no taxes on inheritance or estates in Cambodia.

INHERITANCE LAW

By law, foreigners must apply for citizenship to be able to inherit property in Cambodia. But if the property is being held through a resident company, such disadvantages are avoided.

Cambodia’s laws affect everyone who owns property in Cambodia

. The main laws concerning inheritance are:

• Constitution 1993,
• Land Law 1992 and 2001,
• Family Law 1989,
• Inheritance Law 1972,
• Code of Civil Procedure 2006, and
• Commercial Enterprise Law 2005

The Draft of Civil Code 2006 is currently being adopted, but some provisions of Inheritance Law 1972 that do not contravene the current laws are still effective.

Foreign investment, especially from South Korea and other countries in North Asia, has been key to this recovery, surging to 8 percent of GDP in 2007 from less than 1 percent in 2004. Most of the new construction projects are headed by Korean construction and investment companies. The biggest foreign direct investment to date - $2 billion - is being made by World City of South Korea, for Camko City, being built on a 119-hectare, or 294-acre, site on the northwestern outskirts of Phnom Penh. The project, started in 2005 and scheduled to be completed in 2018, will include residential, commercial and public structures.

When buying a home for the first time it is most likely the biggest financial decision you have made thus far. Now you are at a point when selling your home, for what ever reason, is just as big of a financial decision as buying. No matter what the reason for selling your home you still want to get as much of your investment back as possible. There are 3 key points to consider when pricing your home, market conditions, targeting, and price.

Phnom Penh, Toul Tom Poung
Price: USD 1,100,000, Price negotiable
Villa for Sale
Ref#: S0305507072