Khmer condo investment has the opportunity to make more profits than other countries

Growth in the real estate industry in Cambodia has seen remarkable growth in recent years, in particular, modern buildings are invested millions of dollars to meet the current demand. For the condo sector, there is also a lot of construction work, and experts see the opportunity for investors in the condo sector, because they have a lot of profits compared to other countries.

Most condominiums in Cambodia are foreign investors because when investing they can rent back home at a high price of about 7 to 8 percent of the condo value, compared to other countries of about 2 percent or 3 percent. The developer is building a condo.

Most 95% of condominium customers for foreigners can be below 5%, but this trend will change and they will move to foreigners as foreigners. The situation of Cambodians is similar to the situation in Bangkok, Thailand, 20 years ago, when people did not like to live in a condo, 90% of the population now live in the condo.

Experts say that "in the next 3 or 5 years, Cambodians and change their mindset to live in the condominium but they can not be cut off to live in the houses. Some Cambodians they have divided two houses for their living, have house for work and house for live , most of them choose to live in condominiums and a relaxing home can be located in Tuol Kork.

For condominium developers  the most of the accommodation in Cambodia they had been Research for the people living will change moved to live in condos in the future.
Of course, when Cambodians will move to condominium, the investment opportunities in the sector will be more intense, and for wealthy people to buy for the future, there is a great chance that there will be no change.According to research by CBRE Real Estate, there are 8,600 units  of condominium for 2018 and 13,000 units. Additionally, there are 7200 units and 1200 units new, and these are mostly for foreigners living .This news from business-cambodia.com