Compass Real Estate > Cambodia Real Estate Information > China will lower banks' reserve requirement ratio (RRR) by 0.5 percentage points

China will lower banks' reserve requirement ratio (RRR) by 0.5 percentage points

2020-01-14
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Summary:China will lower banks' reserve requirement ratio (RRR) by 0.5 percentage points, property market begins heating.


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China will lower banks' reserve requirement ratio (RRR) by 0.5 percentage points starting May 18, the country's central bank announced Saturday.The cut, the second of its kind this year, will drop the RRR for the country's large financial institutions to 20 percent and the medium- and small-sized financial institutions to 16.5 percent, according to the People's Bank of China.

2019 is an extraordinary year for Cambodia. The complete elimination of "online gambling" has led to the withdrawal of a large number of foreigners, the real estate market has also been affected, and the frequent occurrence of construction accidents, the construction and real estate industry has entered an adjustment period. However, from the perspective of the macro investment environment and market development, Cambodia's real estate investment advantage is still obvious.

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The construction and real estate industry is one of the pillar industries in Cambodia. Cambodia's GDP has maintained a growth rate of about 7% in recent years. The construction and real estate industry has contributed significantly. The Cambodian government has vigorously supported the development of this industry, and investment projects have continued to grow. Under this development background, Cambodia's real estate is not restricted to purchase, and the government also strongly supports foreigners invest in Cambodia, you can buy property with a passport, stable real estate policies, and a relaxed investment environment.
In terms of investment yield, compared with the domestic market and popular investment destinations in Southeast Asia, Cambodia is still economical, with a low total cost of decorated apartments and low investment costs. In the process of accelerating urbanization, Cambodia ’s real estate appreciation space is promising. Cambodia's rental returns are remarkable. The value-added income and rental income of Cambodian properties are two major advantages to attract buyers.

In recent years, Cambodia has developed rapidly in various fields, sustained and stable high economic growth, increased domestic demand, and potential development in the real estate industry. In addition, US dollar are  used to settlement assets to withstand risks in the context of uncertain global economic prospects stronger, more safe property. It is worth noting that although Cambodia's investment market is promising, regional development is uneven in the early stages of economic development in Cambodia, investors  must choose potential and reliable areas. Popular cities such as Phnom Penh and Sihanoukvile, and investment is more secure.

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