Compass Real Estate > Cambodia Real Estate Information > Kan Kunthy : Working for over 20 years but turning to real estate because of one simple idea

Kan Kunthy : Working for over 20 years but turning to real estate because of one simple idea

2019-07-30
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Summary:A son of a farmer in Kampong Speu, Mr. Kan Kunthy, co-founder of the Maha Yean project and Chan Kiri Natural Village, has spent about 20 years on working, and just turning to real estate investment.

Turning to real estate investing is one of the most common reasons people are born, land is not born, people are born every day. According to what he told Miss Pich Srey Vann, Head of Property News at Business Cambodia.

He explained that Cambodians now have more than 65 per cent of births and those aged 35 and under, which is true, compared to people in Asia. He needed the most: accommodation and ongoing investment.

As usual, they always needed a place to stay. Didn’t think too much, He also decided to invest in a property that would fit their needs during his time working in a private institution.


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He said that at first, he only bought land in villages, in districts, in provinces like Kampong Speu, which were far away from the city, but now it is not too far away because the city is growing, it is also not expected that the land’s price will rise significantly.

His purchase of real estate was a savings from his work to buy land such as land for urgent sale (those lands don’t have many if it has, must buy that one) and debt land (Not opportunistic, but we can save others too). According to his words.

This show that investment on real estate don’t bother us too much nor we loss if we can study or see the potential of property.

"Invest well, you will profit; invest only for money, we called greedy."

 (This news came from Business-Cambodia.com)


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