Compass Real Estate > Cambodia Real Estate Information > Large size of apartment project option for Cambodia

Large size of apartment project option for Cambodia

2020-07-29
2064
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Summary:For Cambodian, large size of apartment project are more suitable for local people.

With the acceleration of urbanization and rapid economic development, housing demand has become a top priority for Cambodians.

Key cities such as Phnom Penh are becoming more international, and there are more and more modern new project community. Today, with rapid changes, more people have turned their attention to the well-equipped and mature new project communities. For locals who have many family members, a large-scale apartment community is more suitable than a single apartment.

At present, condominiums are still the mainstream of the Cambodian market. However, with the continuous expansion of cities and the expansion of local demand, large-scale residential communities are increasing, especially in the sub-core areas. And very suitable for the needs of the locals.

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 Most of the large-scale residential communities are developed by brand developer companies, with strong financial strength and rich experience in project development, so the community planning is  complete, service management is more thoughtful, and the quality of real estate is trustworthy.

Large-scale residential community are of various types, ranging from economical units to spacious units and duplexes. Buyers always could found suitable units in the project.

In addition, the types of properties in large-scale residential communities are more abundant, including not only high-rise residential buildings, but also villas and townhouses loved by the locals.

The internationalization of real estate development will drive the upgrading of Cambodian residences habit, and large international communities will come into the public eye. After the market demand continues to expand, large-scale residential communities become a new hot spot. 

Currently the large size new project community is not so common, no matter for living or long term investment, a new project community located in potential area is very promising investment choice. 

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