Where Are the Best Areas for Condominium Development Investment ?

Some of Phnom Penh's major areas are potentially investing in condominiums, apartments, depending on the geographic location, area, and population statistics. The Boeung Keng Kang area has been observed to have more condominiums compared to other areas in Phnom Penh.

The most Canadia in Chamkarmon, Sangkat Tonle Bassac, Riverside, and Khan Meanchey from Monivong Boulevard, Sihanouk Ville Boulevard, Vientiane, Canadia, Vantanak Tower, all have large commercial buildings there.

"The reason for pushing the building to business is to grow from this potential location and the oldest trading area, compared to the rest of Phnom Penh," said Seng Seap, CEO of Key Real Estate. In particular, these 2 Khans are densely populated, but the investors invest in modern condo business. "

In addition, Mr. Hy Seiha, a real estate expert, said that the potential area for Chamkarmorn (Boeung Keng Kang) was popular in business, especially in commercial buildings because it was the oldest and had enough infrastructure to develop a large building.

Additionally, Ms. An Sothyana, director of property company CBRE Cambodia, said that at Boeung Keng Bong 1 was the best area for invest condo. And if you want to be successful in the development of a condo based on quality and must focus on both Cambodian and foreign investors.

Although condominiums are potentially high in Boeung Kang Kang, only 5% of local customers are living in condominiums, and in the next 5 years there will be 15% of the trendy Cambodians. Living on condo. And 95% of the customers are foreigners living and investing in Cambodia.This news from business-cambodia.com