Selling land
Re: Selling land
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.
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.
- vladimir
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Re: Selling land
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,
iirc, bandyinasia claimed his land was stolen by the government, I don't know any details,
Jesus loves you...Mexico is great, right?
- Bitte_Kein_Lexus
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Re: Selling land
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.
Ex Bitteeinbit/LexusSchmexus
- vladimir
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Re: Selling land
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.
Jesus loves you...Mexico is great, right?
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Re: Selling land
Vlad, why don't you let the OP post a for sale ad without your 2 cents?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.
I'll give ya 500 Riel for it...
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Re: Selling land
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?
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?
Cookin' MCs like a pound o'bacon
- vladimir
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Re: Selling land
@ 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.
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...
I did LOL to hear about your bf UKJ crying like a baby.
It's called fair comment, something one can expect on a public forum.Sir_Quality_U_Feel wrote:Vlad, why don't you let the OP post a for sale ad without your 2 cents?
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...
Jesus loves you...Mexico is great, right?
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