'No Cambodia left': how Chinese money is changing Sihanoukville

Cambodia news in English! Here you'll find all the breaking news from Cambodia translated into English for our international readership and expat community to read and comment on. The majority of our news stories are gathered from the local Khmer newspapers, but we also bring you newsworthy media from Cambodia before you read them anywhere else. Because of the huge population of the capital city, most articles are from Phnom Penh, but Siem Reap, Sihanoukville, and Kampot often make the headlines as well. We report on all arrests and deaths of foreigners in Cambodia, and the details often come from the Cambodian police or local Khmer journalists. As an ASEAN news outlet, we also publish regional news and events from our neighboring countries. We also share local Khmer news stories that you won't find in English anywhere else. If you're looking for a certain article, you may use our site's search feature to find it quickly.
Post Reply Previous topicNext topic
User avatar
Jamie_Lambo
The Cool Boxing Guy
Posts: 15039
Joined: Mon Apr 20, 2015 10:34 am
Reputation: 3132
Location: ลพบุรี
Great Britain

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by Jamie_Lambo »

Artful Dodger wrote: ↑Thu Aug 02, 2018 2:44 am
frgiid wrote: ↑Wed Aug 01, 2018 11:58 pm hi, please allow me to ask you what chinese are changing in Cambodia ?
I checked the hotels booking websites and prices are similar as before, so what prices are rising ? Maybe for long term ?

thank you to tell me.
A couple examples in Sihanoukville....

Down the end of Karaoke Street was a block of apartments rented out mostly to expats with a monthly tariff of around $150 a month. Chinese bought the building and upped the rent to over $300 a month.

One particular guesthouse I know there previously charged $18 - $22 per night per room less than a year ago. It's location makes it handy to a number of casinos. Lease of guesthouse taken over by Chinese recently. Overnight room rate now starts at $30.


The main price increase is real estate. With Chinese investors looking for land to develop casinos, the price they pay is far beyond what locals or expats would pay. There was an old guesthouse (beachfront) at SHV that was up for sale with an asking price of around half a million. Chinese investor took a look and owner sold it to them for almost 2 million.
yup, im not sure when the first time the poster came to SHV, but a lot of guesthouses are charging 50-100% more than they was a couple of years ago, SHV used to be appealing because it was great value for money, but not now, what you pay for an Fan room in SHV now you could get a nicer room with Aircon in PP
:tophat: Mean Dtuk Mean Trei, Mean Loy Mean Srey
Punchy McShortstacks School of Hard Knocks :x
Top
rogerrabbit
Expatriate
Posts: 940
Joined: Sat May 14, 2016 1:17 am
Reputation: 347

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by rogerrabbit »

willyhilly wrote: ↑Thu Aug 02, 2018 3:27 am What has happened to Pearl City?
Chinese living in some of the villas and shophouses there. I believe the whole place is rented/sold to chienese now and they have plan to do uplift to the market building that has been empty for years so it would becomea mall with casino on top floor. There is plan to renovate the villas and shophouses too. Also on the empty land there they have started to build already new condos. Plan is to build 4-6 condo/hotel towers in next couple of years.
Top
User avatar
Duncan
Sir Duncan
Posts: 8149
Joined: Tue Jun 03, 2014 8:22 pm
Reputation: 2357
Location: Wonder Why Central

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by Duncan »

Here's Slim Dusty's song on Chinaville


Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
Top
User avatar
tightenupvolume1
Expatriate
Posts: 2059
Joined: Sat Mar 25, 2017 10:29 pm
Reputation: 880
Location: london
India

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by tightenupvolume1 »

Well at least you can come on this forum and complain about the "foreigners" taking over without being called racists :stir:

charlie
Top
User avatar
frank lee bent
Expatriate
Posts: 11330
Joined: Sat May 17, 2014 4:10 am
Reputation: 2094
United States of America

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by frank lee bent »

Chinese rubbish removal in SV today
Top
Bertros
Expatriate
Posts: 668
Joined: Wed Aug 31, 2016 6:57 pm
Reputation: 25
United States of America

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by Bertros »

(All together now!)

push, push, push your garbage
gently down the stream!
Merrily, merrily, merrily, merrily
life is but a dream!


(unless, of course, you're downstream that is)

just singin'

Bertros :hattip:
A taste of the bait is worth the pain of the hook.....
Top
User avatar
frank lee bent
Expatriate
Posts: 11330
Joined: Sat May 17, 2014 4:10 am
Reputation: 2094
United States of America

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by frank lee bent »

prepare for your new leaders
chinese people kind and good
only want lift khmer people up
Top
taabarang
Expatriate
Posts: 3858
Joined: Mon May 19, 2014 7:49 am
Reputation: 978
Location: Outside of Kampong Cham city
United States of America

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by taabarang »

"prepare for your new leaders
chinese people kind and good
only want lift khmer people up"

From the red book of comrade Honey 69.
As my old Cajun bait seller used to say, "I opes you luck.
Top
User avatar
xandreu
Expatriate
Posts: 1873
Joined: Mon Jun 05, 2017 11:37 am
Reputation: 1950
Great Britain

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by xandreu »

It's not just Cambodia they're targeting.

The difference between animals and humans is that animals would never allow the dumb ones to lead the pack.
Top
bangkokhooker
Expatriate
Posts: 1094
Joined: Mon Sep 04, 2017 3:14 pm
Reputation: 108
United States of America

Re: 'No Cambodia left': how Chinese money is changing Sihanoukville

Post by bangkokhooker »

frank lee bent wrote: ↑Fri Aug 03, 2018 2:54 am Chinese rubbish removal in SV today
its not like the locals have ever done that..
Top
Post Reply Previous topicNext topic
  • Similar Topics
    Replies
    Views
    Last post

Return to “Newsworthy”



Who is online

Users browsing this forum: Ahrefs [Bot], Freightdog, John Bingham, Soriya and 893 guests