Work Flow in Housing Project Development
Developing a real estate project is very complicated work before we can sell our properties to customers or finish a successful project. Below is a flow of work following the regulation in Cambodia to get permission for sale legally.
The following is an outline of the workflow in the housing development project.
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1. Merging Title: It is common for housing developers to have land. Sometimes they purchased as a single plot, and sometimes as a series of adjacent plots. Therefore, in order to develop a project on multiple plots, it is necessary for the developer to merge the plots before doing any things
2. Land Development Permit: Land development for business purposes must have a land development permit, no matter where the project is located. As we all know, the land development permit is competent of the Minister of Land Management for land larger than 3 hectares, the governor of the Capital / Provincial Board of Governors for land less than or equal to 3 hectares, and the governor of the municipality, district, and Khan for land less than or equal to 5,000 square meters. The validity of the permit is two years from the date of issuance and can be extended for one year.
3. Construction Permit: To apply for a construction permit, it is necessary to apply for a development permit first, so we cannot apply for a construction permit without a land development permit.
4. Site Opening Permit: Whether it is a development project or any other project, before starting the construction activities, it is necessary to have a Site Opening Permit, and before applying for this, a construction permit must be completed.
5. Developer license: In order to sell a house to a client, the developer must first apply for a license from the Ministry of Economy before it can be sold.
6. Land Subdivision: After selling the house to the client, we will have to split the land in order to be able to transfer the ownership of the land to the client, but when can we request the subdivision of the land? In fact, after obtaining a developer license for sale, it means that we have already built a model house, as well as a series of construction activities already, in this situation we can apply for land subdivision for a residential development project. Note: in the condition that the construction site has received the license and the license has been issued, but there is no construction activity, it is not possible to request for land subdivision.
7. Site Closing Permit: When the construction project is completed and it is certified that the construction has been constructed in accordance with the technical specifications in accordance with the plan, then we can apply for a site closing permit.
8. In addition, there are other tasks related to the protection and maintenance of property as well as customers who have purchased the house in the project.