Compass Cambodia report - The sale prices and rental rates of the condominium market in Cambodia during Q3 of 202 have increased significantly compared to the previous quarter because of the ease of the COVID-19 pandemic while condo supply increases by 32%.
According to a report by CBRE Cambodia on 7 July, sale prices increased by 0.7%, 2.7%, and 1.4% for affordable, mid-range, and high-end types respectively. Meanwhile, rental prices also increased by 1.2%, 3.3%, and 2.3% respectively for the three types.
During this Q3, more than 4700 units of the condominium were been completed, accounting for 34% of the total expected supply in 2022, while more than 1200 units of deferred projects were resumed and relaunched.
Source: Construction and Property.com
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