Luxury Sea View Residences for Sale in Sihanoukville

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basta.binici
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by basta.binici » Mon Dec 17, 2018 10:08 am

AB101 wrote:
Sun Dec 16, 2018 4:50 pm
basta.binici wrote:
Sun Dec 16, 2018 10:44 am
Guys, cambodia is not child molesters cheap lands anymore. It is a developing country. Prices are quite normal except for the “barang” who bargain to buy 1 kg of mango from 4,000 Riel instead of 5,000 Riel.

This is developers’s second residence apartment project in Snooky. The first was CVIC apartments in Sihanoukville. Cvic Finished on time as promised and this is the second one. The construction already began. The owner is partner to Queenco Casino Fitness and Spa and has many businesses in Sihanoukville. Please feel free to ask for meeting to remove the doubts.

Probably the majority of members on this site have no wish to invest (joke) in what will turn out to be one of the largest PRC Chinese ghettos in Asia. The buildings will be sub standard, the plumbing a health hazard and the area a construction site for many years to come. Who wants to live in a construction site?

Now if you started looking around Cambodia for rental properties away from the Chinese and in nice areas (no PRC Chinese) you may have a business.
Some people will consider investment and nice return on investment rate for passive income.
They are totally fair priced considering rental income and future of Sihanoukville. Actually, the prices are low because the construction is not finished.
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by davegorman » Mon Dec 17, 2018 1:03 pm

AB101 wrote:
Sun Dec 16, 2018 4:50 pm
basta.binici wrote:
Sun Dec 16, 2018 10:44 am
Guys, cambodia is not child molesters cheap lands anymore. It is a developing country. Prices are quite normal except for the “barang” who bargain to buy 1 kg of mango from 4,000 Riel instead of 5,000 Riel.

This is developers’s second residence apartment project in Snooky. The first was CVIC apartments in Sihanoukville. Cvic Finished on time as promised and this is the second one. The construction already began. The owner is partner to Queenco Casino Fitness and Spa and has many businesses in Sihanoukville. Please feel free to ask for meeting to remove the doubts.

Probably the majority of members on this site have no wish to invest (joke) in what will turn out to be one of the largest PRC Chinese ghettos in Asia. The buildings will be sub standard, the plumbing a health hazard and the area a construction site for many years to come. Who wants to live in a construction site?

Now if you started looking around Cambodia for rental properties away from the Chinese and in nice areas (no PRC Chinese) you may have a business.
Nice area where, Phnom Penh? That’s even more expensive than SIhanoukville. $3500 per sq for high end stuff.

But they also say that bubble will pop. They said it in 2017, and 2016 too...

Unfortunately SIhanoukville will be a glitzy mini Macau. Sadly the old days won’t return.

RIP
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AB101
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by AB101 » Mon Dec 17, 2018 3:50 pm

davegorman wrote:
Mon Dec 17, 2018 1:03 pm
Nice area where, Phnom Penh? That’s even more expensive than SIhanoukville. $3500 per sq for high end stuff.

But they also say that bubble will pop. They said it in 2017, and 2016 too...

Unfortunately SIhanoukville will be a glitzy mini Macau. Sadly the old days won’t return.

RIP
I do not consider any big town or city nice. For me it is the rural tranquility and real Khmers, not imported Chinese.

Far from being glitzy, SIhanoukville will be an overdeveloped, under resourced ghetto with massive power failures, lack of water and sanitary conditions. Much like any other big town/city in the PRC.

Sadly, I remember it from the 90s when it was a very nice place for a vacation.

I would not be surprised to see it given Special Economic Zone status by the PRC.
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by davegorman » Mon Dec 17, 2018 10:06 pm

AB101 wrote:
Mon Dec 17, 2018 3:50 pm
davegorman wrote:
Mon Dec 17, 2018 1:03 pm
Nice area where, Phnom Penh? That’s even more expensive than SIhanoukville. $3500 per sq for high end stuff.

But they also say that bubble will pop. They said it in 2017, and 2016 too...

Unfortunately SIhanoukville will be a glitzy mini Macau. Sadly the old days won’t return.

RIP
I do not consider any big town or city nice. For me it is the rural tranquility and real Khmers, not imported Chinese.

Far from being glitzy, SIhanoukville will be an overdeveloped, under resourced ghetto with massive power failures, lack of water and sanitary conditions. Much like any other big town/city in the PRC.

Sadly, I remember it from the 90s when it was a very nice place for a vacation.

I would not be surprised to see it given Special Economic Zone status by the PRC.
That’s all very quaint but you’ll not get a return from a shack in some Cham province.

If you invested in the 90s then you’d be somewhere else. Maybe USA with those white bitches. Yo. (I think that makes sense).
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by AB101 » Mon Dec 17, 2018 10:19 pm

davegorman wrote:
Mon Dec 17, 2018 10:06 pm
That’s all very quaint but you’ll not get a return from a shack in some Cham province.

If you invested in the 90s then you’d be somewhere else. Maybe USA with those white bitches. Yo. (I think that makes sense).
[/quote]

Absolutely no interest in investment property in any country. Invariably the only ones that prosper are the contractors and scam artists (realtors).

My money is in pension plans, stocks and bonds.

Outside of the States or the UK, rental only and certainly not in Chinaville.

Main point was that these apartments are not a 20% return on investment. If they were, the OP would keep quiet and borrow as much money as he could to buy them himself. However, he is just trying to make a buck.
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by davegorman » Mon Dec 17, 2018 10:20 pm

Private pensions are always rock solid.
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AB101
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by AB101 » Mon Dec 17, 2018 10:33 pm

davegorman wrote:
Mon Dec 17, 2018 10:20 pm
Private pensions are always rock solid.
Mine are, 50% of my final Army salary guaranteed by the government and a very nice 401K with BP.
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by TOG » Mon Dec 17, 2018 10:37 pm

davegorman wrote:
Mon Dec 17, 2018 10:20 pm
Private pensions are always rock solid.
Britain's private pension plans were recognised the best in the world until that thieving bastard Gordon Brown destroyed them.
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by davegorman » Tue Dec 18, 2018 12:02 pm

TOG wrote:
Mon Dec 17, 2018 10:37 pm
davegorman wrote:
Mon Dec 17, 2018 10:20 pm
Private pensions are always rock solid.
Britain's private pension plans were recognised the best in the world until that thieving bastard Gordon Brown destroyed them.
I’m an ex civil servant so don’t even need a private pension!
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Re: Luxury Sea View Residences for Sale in Sihanoukville

Post by takeoman » Tue Dec 18, 2018 12:19 pm

basta.binici wrote:
Sat Dec 15, 2018 1:44 pm
LZ SEA VIEW RESIDENCES for Sale in Sihanoukville.
* Fastest selling apartments in Sihanoukville
* High return on invesment rate: yearly 20% rental income (Pays for itself in 5 years)
* 24h Serviced LUXURY LIVING SPACES
* 21-Storey Ultra Modern High Rise Building with American and European standards: Strong - Safe - Comfortable - Durable (Long life)
* Swimming Pool, Fitness Center and SKY Bar
* Huge park area with kid playground, parking, jogging place, swimming pool
* Foreigner freehold ownership (Hard Title in Your Name)
* Only 10% down with 36 month payment plan (0% interest rate)
Book your dream apartment today.
* Laundry and housekeeping service, rental, 24h reception, CCTV surveillance, Spa service, office. Location: O2 street, close to BBU University Sihanoukville
Serviced Apartments:
Price start from $54,000 per 43.24 SQM NET
Contact us today 093 495 194 (English: Basta Binici)

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ImageImageImageImageImageImageImageImage
Looks like an up market version of those UK council tower blocks in the eighties, with a nicer view. I'd advise potential buyers to google Grenfell. :hattip:
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