Selling land

Yes, even your used Walkabout mattress...
Lonestar
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Re: Selling land

Post by Lonestar » Sat Jun 20, 2015 1:05 am

Bitte Klein stated my thoughts exactly......and probably more eloquently than I could have.

I would not invest in Phnom Penh proper because: I have small money, I think the potential for huge growth is not as high, and the market of people with big money to sell your land to is smaller.

I love the surrounding areas of Phnom Penh. Forget past results........just look at the development that is going on. I am making bets that Phnom Penh will continue to grow, become more expensive.........and thus people will move farther out. I am very comfortable making that wager.

I have many many friends who have realized large gains in the value of their property.......and I can't think of a single friend who has seen their value decrease, or who had their land stolen.

I do think that Cambodia will become like Thailand........and, I think it will develop much faster than Thailand did. I have already seen 20 years of development in the last 5 years in Cambodia. It is happening at the speed of light.

BTW, I also think that making 6%-10% on a fixed deposit is a great investment.
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vladimir
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Re: Selling land

Post by vladimir » Sat Jun 20, 2015 9:43 am

I hope for your sake you are right, LS.

iirc, bandyinasia claimed his land was stolen by the government, I don't know any details,
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Bitte_Kein_Lexus
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Re: Selling land

Post by Bitte_Kein_Lexus » Tue Jun 23, 2015 8:38 am

He's the reason I put 95% (or 98% or whatever it was), as he's the only foreigner I know of whose ever had bad luck with land. It can happen, but the odds are pretty low. Again, perhaps another reason to invest in smaller plots in different areas.
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vladimir
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Re: Selling land

Post by vladimir » Wed Jun 24, 2015 7:05 am

Yeah, I just wonder if the story is true, or it belongs in the 'I was broke and lived with the Dalai Lama for 6 months' folder.
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Sir_Quality_U_Feel
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Re: Selling land

Post by Sir_Quality_U_Feel » Wed Jun 24, 2015 9:31 pm

vladimir wrote:Mountains?

The ones near the fruit table?

Yeah, buy land with an election coming up and no one can guess what the f will go down.

Not a good idea.
Vlad, why don't you let the OP post a for sale ad without your 2 cents?
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Kampong Spooner
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Re: Selling land

Post by Kampong Spooner » Thu Jun 25, 2015 6:27 am

I'm a 3rd class land scamming twat according to His Royal Vladness.

How selling a few hectares of dirt with correct paperwork and at perceived market value is scamming, I'm not sure. Who knows how his Mekong whiskey addled mind works?
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vladimir
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Re: Selling land

Post by vladimir » Thu Jun 25, 2015 7:03 am

@ Kampong Scheiser: perhaps you should explain what my insult was in response to, and stop presenting one-sided arguments like the turds on schmucksite.com

I did LOL to hear about your bf UKJ crying like a baby.
Sir_Quality_U_Feel wrote:Vlad, why don't you let the OP post a for sale ad without your 2 cents?
It's called fair comment, something one can expect on a public forum.

How many bar-sales have you seen get posted with no comment?

People discuss the risk, same as when you wanted to buy a bike, people offer advice even if you don't specifically request it.

Did you get the bike, btw, or wimp out?

We were promised pics, iirc...
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