Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
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Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
James Hodge, associate director at property consultancy CBRE Cambodia, part of CBRE Group, said the building boom has been driven by "ample supplies of foreign capital, a lack of alternative asset classes for investment purposes and the attractive fundamentals of Cambodia's frontier economy, which indicate continued growth and development over the long term."
However, there are concerns that the property market may have peaked last year. CBRE said investment into approved construction projects reached $8.5 billion across 2,636 projects in 2016, an increase of 143% on 2015, which saw $3.5 billion invested in 2,305 projects.
http://asia.nikkei.com/Markets/Property ... ng-fatigue
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Re: Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
"However, there are concerns that the property market may have peaked last year" YOU THINK!!
I have to say that this falls under one of the most unsurprising headlines I've seen about the PP property market
I have to say that this falls under one of the most unsurprising headlines I've seen about the PP property market
- Duncan
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Re: Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
I've noticed a big rise in shop houses and commercial properties up for rent lately.
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.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
- juansweetpotato
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Re: Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
I wonder what, if any, difference the tightening of Chinese FI laws will have. I guess it's too soon for it to have had an effect yet?
"Can you spare some cutter for an old man?"
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Re: Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
Regularly, there are a couple of articles a month in news outlets about PP or Cambodia real estate.
One week it will be all positive - pseudo-advertising, buy now while its cheap - and then the week after, it's a forecast for catastrophe.
I read them both, but don't pay attention to either.
What will be will be.
One week it will be all positive - pseudo-advertising, buy now while its cheap - and then the week after, it's a forecast for catastrophe.
I read them both, but don't pay attention to either.
What will be will be.
- vladimir
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Re: Phnom Penh's Real Estate Market Shows Signs of Building Fatigue (Nikkei Asian Review)
I think it's a fall-back line...hey, nothing's happening, and we've cut and pasted 99% from other papers already, what can we print?
'Just run that article we've used a thousand times and change the stats...'
OK, boss.
'Just run that article we've used a thousand times and change the stats...'
OK, boss.
Jesus loves you...Mexico is great, right?
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