Property News Roundup 30th June 2025

30 June 2025 | Posted in News

Property News Roundup June 30, 2025

We’re delighted to share the weekly news highlights below.

  1. China rolls out official ‘property supermarkets’ to prop up creaking housing market

China’s housing market is struggling, with prices dropping and buyers staying cautious. To revive the sector, cities are launching “property supermarkets” — online or offline platforms where people can browse and buy homes more easily. These platforms, like the one recently launched in Chengdu, aim to improve transparency by offering verified listings and bundling services like mortgage help and property registration. Some are limited to people with housing vouchers. Although the concept isn’t new, more local governments are using it to match buyers and sellers more efficiently.

23 June 2025 | Source: South China Morning Post | Link: https://tinyurl.com/ms7wnxwm

  1. Cambodia Bans Thai Fuel Imports As Tensions Rise

Cambodian Prime Minister Hun Manet has announced a complete halt to fuel and gas imports from Thailand, effective at midnight. He stated that Cambodian companies can source enough fuel from other countries like Vietnam and Singapore to meet domestic demand. In 2023, Cambodia imported over $738 million in fuel from Thailand, making it a major supplier, but not the only one.

23 June, 2025 | Source: Kiri Post | Link: https://tinyurl.com/mu4zjn4v

  1. Alarm in Middle East over US strikes on Iran amid fears of widening conflict

Countries across the Middle East and beyond have reacted with alarm after US strikes on Iranian nuclear sites, warning of a dangerous escalation. Gulf states like the UAE, Qatar, and Oman, traditionally wary of Iran but now mediators in US-Iran talks, criticised the strikes and urged restraint. Qatar, which hosts the largest US base in the region, warned of serious regional and global consequences.

23 June, 2025 | Source: The Guardian | Link: https://tinyurl.com/3txen3zw

  1. Despite property market slump, Hong Kong must increase housing supply

Hong Kong home prices have dropped 30% since 2021, but housing is still very expensive and cramped compared to other cities. Despite this, the government should not stop land sales. Instead, it should increase housing supply to make homes more affordable and give people more living space. In the past, the government made mistakes by cutting land supply during market slumps, which later led to soaring prices and housing shortages. To avoid repeating this, the government should plan long-term, develop more land (especially in rural or underused areas), and build the infrastructure needed for future housing.

26 June, 2025 | Source: South China Morning Post | Link: https://tinyurl.com/4tt6yaak

  1. Cambodia Sees Significant Surge in Construction Material Imports in Early 2025

Cambodia’s construction sector is growing strongly, with the country importing over USD 1 billion worth of construction materials in the first five months of 2025—a 35% increase from the same period in 2024. Most of the imports were iron and steel, which rose by 53%, while cement imports slightly declined. This shows that construction and real estate are still key drivers of Cambodia’s economy, with continued investment and development expected in the coming months.

25 June, 2025 | Source: Construction & Property | Link: https://tinyurl.com/4ncvjtc8

  1. Cambodia won’t give in to Thai economic threats

Prime Minister Hun Manet has accused Thailand of using its economy as a weapon against Cambodia amid border tensions. He claims Thailand is threatening to cut off electricity, internet, fuel, and close borders to pressure Cambodia, especially over a legal dispute at the International Court of Justice. The Cambodian government says these actions are politically motivated and meant to damage Cambodia’s image. A researcher noted that Thailand depends heavily on trade with Cambodia and Cambodian migrant workers, which gives Cambodia some leverage. Despite the tensions, the conflict is expected to remain limited, and Cambodia is preparing for any economic fallout.

25 June, 2025 | Source: Khmer Times | Link: https://tinyurl.com/2zmk693s

  1. Cambodia, US ‘stand ready’ for next round of tariff negotiations

Cambodia and the United States are moving forward with trade talks focused on tariffs. After submitting three key documents to the U.S., Cambodian officials held an online meeting with the U.S. Trade Representative on June 25. Both sides praised past progress and agreed to continue negotiations. Cambodia is seen as negotiating seriously, which may help it benefit from a possible extension of the U.S.’s current tariff pause. The documents submitted by Cambodia include proposals on tariff rates, compliance rules, and tax plans for U.S. goods—steps aimed at reaching a fair trade deal for both countries.

27 June, 2025 | Source: Khmer Times | Link: https://tinyurl.com/2nxhbwma

  1. Australia to Support Cambodia’s Economic Development in Next Five Years

Cambodia and Australia have launched a five-year development plan (2025–2029) to support Cambodia’s economic growth, fight climate change, and improve health care and social protection. The plan focuses on building stronger institutions, better public services, and a sustainable economy. Both countries emphasized their long-standing partnership and shared goals, with Australia showing strong support for Cambodia’s development.

27 June, 2025 | Source: Kiri Post | Link: https://tinyurl.com/msm3p9k2

  1. Concern of Rising Fuel Prices in Phnom Penh Amid Import Ban

PTT Oil & Retail’s $100 million plan to build a new oil depot in Cambodia faces uncertainty after Cambodia halted fuel and gas imports from Thailand due to border tensions. While Prime Minister Hun Manet assured that Cambodia can secure fuel from other countries, people are worried about possible price hikes. So far, fuel prices remain stable, but future increases may depend on global market trends. PTT gas stations in Cambodia are still operating, and some clarified they are Cambodian-owned. The Cambodian government has warned against price manipulation and promised to regulate prices. Analysts say Cambodia is unlikely to face a fuel shortage since it can import from places like Vietnam and Singapore, though Thai-linked franchise owners may be affected more directly.

26 June, 2025 | Source: Kiri Post | Link: https://tinyurl.com/5cpfezve

  1. Your Checklist Before Buying Property In Cambodia

Buying a condo in Cambodia can be a good investment, but it’s important to do proper checks. Make sure the developer is licensed, the project is approved and offers strata title ownership. Understand the payment terms, taxes, and what’s included in the deal. Review the contract carefully, especially ownership rights and fees. Be aware of any delays in handover and confirm who will register your ownership. Doing thorough research and legal checks helps protect your investment and avoid future problems.

25 June, 2025 | Source: Khmer Times | Link: https://tinyurl.com/44n96fy7

 

 

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