Capital’s condo supply to reach 295,000 by 2030: VTrust
Posted: Fri Sep 20, 2019 10:47 am
Khmer times:
Phnom Penh will see a steady rise in the supply of condominium units in the next ten years, reaching 295,000 in 2030, according to VTrust Appraisal.
“People, particularly the younger generation, want privacy. They don’t want to live in crowded spaces. This is why they are moving from traditional houses to condos. People still like living in traditional houses, but, if they can afford them, they will choose condos,” he said, adding that this an important factor driving growth in the sector.
https://www.khmertimeskh.com/50644903/c ... 30-vtrust/
Best BS I see today.
"If they can afford them, they will buy Villa“. who wants live in a sandbox surround by neightbours, while in shop house you only have neightbours at both sides.
Phnom Penh will see a steady rise in the supply of condominium units in the next ten years, reaching 295,000 in 2030, according to VTrust Appraisal.
“People, particularly the younger generation, want privacy. They don’t want to live in crowded spaces. This is why they are moving from traditional houses to condos. People still like living in traditional houses, but, if they can afford them, they will choose condos,” he said, adding that this an important factor driving growth in the sector.
https://www.khmertimeskh.com/50644903/c ... 30-vtrust/
Best BS I see today.
"If they can afford them, they will buy Villa“. who wants live in a sandbox surround by neightbours, while in shop house you only have neightbours at both sides.