The Royal Group Occheuteal

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Mr Cynical
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Re: The Royal Group Occheuteal

Post by Mr Cynical »

Looking forward to seeing Jerry Atric schlopping around trying to order his favorite western dish only to be told to f**ck off
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Jerry Atrick
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Re: The Royal Group Occheuteal

Post by Jerry Atrick »

Well, that would necessitate my visiting Siahnoukville - fucking unlikely.

Also, if I'm heading to eat something I like, I can guarantee you I wouldn't be schlepping, be more likely that I'd be on the hotfoot.

In my family you were quick, or hungry.
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paparazzi
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Re: The Royal Group Occheuteal

Post by paparazzi »

Anyone hearing that the situation has changed regarding the bars closing?
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drozd
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Re: The Royal Group Occheuteal

Post by drozd »

paparazzi wrote: ↑Sun Nov 05, 2017 11:15 am Anyone hearing that the situation has changed regarding the bars closing?
Some will be closing and some will stay. Most that's been written here is just speculations. No Chinese involved...
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vladimir
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Re: The Royal Group Occheuteal

Post by vladimir »

LaudJohn wrote: ↑Thu Nov 02, 2017 11:38 pmAs for the number of Chinese visitors, if 1 in 5000 Chinese visit SHV for a week, that is nearly 5,400 rooms 100% occupied year round. Sound crazy? Well 1.37m Aussies visited Bali in 2016, roughly 1 in 25 of the population, this is 1/20th of the 1 in 5,000. The Chinese population is roughly 4 times the population of the USA. .... and they love to gamble.
Aussies generally prefer single/twin occupancy, don't the Chinese like to pack them in? iow, maybe less rooms?
Jesus loves you...Mexico is great, right? ;)
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Anchor Moy
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Re: The Royal Group Occheuteal

Post by Anchor Moy »

Last news I had was from Ecstatic Pizza on Beach Rd. The old guy there told me that all those happy pizza joints and other restaurants along there are getting kicked out at the end of the year. They hope to relocate nearby, otherwise talking of leaving for Kampot. :cry:
[Shameless plug for Ecstatic Pizza on Beach Rd on the right hand side heading away from Serendipity, just after the tourist police and the road down to Occheuteal beach and the bars. Go try his pizzas - just because you still can. :good: ]

IMO if they are bulldozing beach road on the side closest to the beach, it seems logical that all the shacks between there and the beach will also be destroyed to make way for a mega-construction. Its the timeline thats unclear. Will they throw so many people out before elections ?
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bangkokhooker
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Re: The Royal Group Occheuteal

Post by bangkokhooker »

LaudJohn wrote: ↑Thu Nov 02, 2017 11:38 pm I just want to add...

Most financial Bubbles are built on debt.

Debt fueled bubbles burst when the market turns and the value of the security falls, leading to loans being called in. This in turn leads to distressed sales which cannot be financed by debt and prices plummet accordingly. Pretty much a whirlpool effect.

This investment deluge appears to be mostly equity funded not debt. It is a drop in the ocean in terms of overall exposure for most Chinese corporations and investors here I would assume.

As for the number of Chinese visitors, if 1 in 5000 Chinese visit SHV for a week, that is nearly 5,400 rooms 100% occupied year round. Sound crazy? Well 1.37m Aussies visited Bali in 2016, roughly 1 in 25 of the population, this is 1/20th of the 1 in 5,000. The Chinese population is roughly 4 times the population of the USA. .... and they love to gamble.

Why are house prices in Sydney around $1m, when the average income is less than $75k and houses in rural Tasmania can be bought for $100k? The answer is demand, it is not related to fundamentals.
Exactly.
I'm tired of this "bubble will burst in 2016/2017/2018" etc. It won't burst for at least 10 years but then it would have stabilised.
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AndyKK
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Re: The Royal Group Occheuteal

Post by AndyKK »

Anchor Moy wrote: ↑Sun Nov 05, 2017 12:19 pm Last news I had was from Ecstatic Pizza on Beach Rd. The old guy there told me that all those happy pizza joints and other restaurants along there are getting kicked out at the end of the year. They hope to relocate nearby, otherwise talking of leaving for Kampot. :cry:
[Shameless plug for Ecstatic Pizza on Beach Rd on the right hand side heading away from Serendipity, just after the tourist police and the road down to Occheuteal beach and the bars. Go try his pizzas - just because you still can. :good: ]

IMO if they are bulldozing beach road on the side closest to the beach, it seems logical that all the shacks between there and the beach will also be destroyed to make way for a mega-construction. Its the timeline thats unclear. Will they throw so many people out before elections ?
Will there be anywhere to relocate nearby? I also doubt Kampot will have enough properties for business, and living accommodations.
As for elections, I would not think it would make a difference. But if it did, it would probably go in favour for bringing new enterprise into the country.
Always "hope" but never "expect".
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drozd
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Re: The Royal Group Occheuteal

Post by drozd »

Anchor Moy wrote: ↑Sun Nov 05, 2017 12:19 pm
Will they throw so many people out before elections ?
This have nothing to do with politics and the upcoming election.
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frank lee bent
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Re: The Royal Group Occheuteal

Post by frank lee bent »

I also doubt Kampot will have enough properties for business
there is an epidemic of small GH being built in rural areas from here to Kep.
i think a lot more PP folks are coming here for short holidays now rather than SV- both Khmer and Barang
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