China has a lot of influence on the condo market both in Cambodia and in Thailand

So far we know that the condo market in Cambodia focuses almost 90% of Chinese customers came to invest and the context of the of Cambodians has not penetrated the minds of Cambodians.

Mr. Seng Seap, CEO of Key Real Estate Even though Cambodians are currently unprivileous in condominiums, for the next 5 to 10 years, they will start returning to live in  condominiums  because land in the city is tightening the city's boreholes. 

But if we look at the market in Thailand Chinese customers are very influential in this sector, not because Thais do not want to live in condos, but condominium prices seem expensive and, in fact, they worried about the political situation of the new government will change the economy.

Bangkok has Finished construction 591 and 138 unit condominiums completed in late 2018 according to the Bangkok Post. Another 90,000 units are currently under construction, which is expected to be completed in 2019 and next year. Unfinished Units totaled about 48,000 at the end of May and this number is likely to increase as more buildings are completed.

But Thai purchases power have been weak in the past five years . Many Thais remain concerned about the political situation, whether the new government change the economy. That's why developers are looking for buyers with high purchasing power in other countries, especially Chinese in Hong Kong and mainland China.

Condominiums are the kind of home overlays that are easier than common residence because there is a good service in the building, both for security and well-being.This news from business-cambodia.com