Hello,

The Real Estate prices in Phnom Penh seems obviously to be too high. Just compare with some neighborhood countries, there is a bubble. So, with the massive development of condominium, when do you bet the prices will suddenly go down ? 1 year, 2 years, 5 years... 10 ?

How long is a belt?

Yawn. So many people have been saying the same thing for 15 years

My guess is Between November 2019 and May 2020. Don’t hold your breath on it a.

And to be professional here comes the

Disclaimer
This is not financial advise. Any information presented here are just for EDUCATIONAL purpose ONLY.

Considering that most locals are not heavily leveraged when purchasing real estate ,even if demand for real estate drops and supply remains high, an extended stagnation of prices it is more likely than a sudden drop.
At the moment the only sector in clear oversupply and not supported by demographic trends is high end apartments.

that genius wrote: ↑Thu Aug 16, 2018 1:16 pm Yawn. So many people have been saying the same thing for 15 years

You’re the one who has been crowing about an imminent bursting of the property bubble for years. Now you’re suddenly bored with the topic?

Cam Nivag wrote: ↑Thu Aug 16, 2018 2:47 pm

that genius wrote: ↑Thu Aug 16, 2018 1:16 pm Yawn. So many people have been saying the same thing for 15 years

You’re the one who has been crowing about an imminent bursting of the property bubble for years. Now you’re suddenly bored with the topic?

Maybe he's realized being wrong during all those years isn't what it was cracked up to be, so he's taking it on the newbies?

When even the pessimists have given up pessimising, that's when it's ripe for a drop.
But I think Jack.R is right, it's more likely to be the walking dead for a few years.
Assuming Chinese money doesn't flood in, which is not a very safe assumption perhaps.

pp price per sq is $1000 less than bangkok and $42000 less than monaco...

it will not pop just deflate

onico wrote: ↑Thu Aug 16, 2018 1:03 pm The Real Estate prices in Phnom Penh seems obviously to be too high. Just compare with some neighborhood countries, there is a bubble. So, with the massive development of condominium, when do you bet the prices will suddenly go down ? 1 year, 2 years, 5 years... 10 ?

It depends on foreign investment.

We all know the Chinese are pouring in money.

A lot of properties are also bought by Cambodians with relatives in Western countries, who send them money.

Not just PP. Also real estate in many other parts of Cambodia.

Prices have gone up and up and up since the war. Most people who bought real estate sold it at a profit. They think that will always be the case.

The value of real estate depends on the area. It is difficult to compare areas, but a lot of real estate in Cambodia is being sold for more than real estate in Australia, particularly if you look at the square meter rate. Most blocks in Cambodia are smaller.

Prices will fall at some time. It is just a matter of when, and by how much.