Cambodia is World Champion in Property Investment

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Sergey_Oreshko
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Cambodia is World Champion in Property Investment

Post by Sergey_Oreshko » Tue Jun 16, 2015 4:06 pm

Phnom Penh’s Condominium market has boomed recently thanks to the increasing demand on housing of foreigners living and working in the Capital, the rising need of housing among the local population, the growing interest for buying condominium units as an investment, and the expected market demand bolstered by ASEAN market openness by the next coming year.
Though sales of condo units have been reportedly successful, the cultural shift of domestic home-buyers towards moving to condominiums is not a trendy movement, and this might need another decade.
However, condominium market is seen to be potentially successful within the context of the Capital’s development trend, when planning satellite cities are sprawling out to the outskirts to ease traffic tension. Within the central and commercial areas, Phnom Penh has been mapped out with high-rise development projects such as condominiums and commercial buildings to cope with increasing space limitation.

Source From: Century21 Cambodia
Mr. Sergey Oreshko
Realtor (sale/rent property in Cambodia)
M/b : (+855) 93 666 718
Email: [email protected]
Web-site : http://www.c21advancedproperty.com.kh" onclick="window.open(this.href);return false;
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Josh_76
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Re: Cambodia is World Champion in Property Investment

Post by Josh_76 » Sun Jul 05, 2015 10:32 pm

There is no connection between the thread title and the text (which is basically a Century21 ad).

"...the cultural shift of domestic home-buyers towards moving to condominiums is not a trendy movement, and this might need another decade." Sounds optimistic to me. How many condos are bought to actually be lived in vs. an investment - I'd love to know.
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bolueeleh
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Re: Cambodia is World Champion in Property Investment

Post by bolueeleh » Mon Aug 29, 2016 7:24 pm

http://www.phnompenhpost.com/business/d ... ign=buffer

about damn time, 1800$ psm for the crap in PP is ridiculous, lets see how much hype the properties agents can blow this time round :thumb:
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