Compass Real Estate > Cambodia Real Estate Information > 25% OFF of EVERGRANDE real estate to decrease loss. What should we do to decrease loss?

25% OFF of EVERGRANDE real estate to decrease loss. What should we do to decrease loss?

2020-02-17
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Summary:What should we do when we facing unexpected dangers like epidemics? How can we minimize losses? How to control real estate investment risks?

Spring is coming soon, but it is still a cold winter for many domestic industries.

Recently, due to the impact of the epidemic, most companies have delayed their resumption of work, and their business is facing severe challenge. The real estate industry has suffered heavy losses. Although real estate companies have launched online property purchase services, but live streaming and online transactions date are not optimistic.

Under the bleak market conditions, Evergrande took the lead in launching a nationwide sale of 25% off about the property, which goes virus on the network. Besides the 25% discount, Evergrande is still offering promotion on down payment and mortgage and other processes, and it has given different levels of extra discounts. Evergrande staff said that this is the biggest preferential measure given in the history of Evergrande's national linkage promotion.

Evergrande is a powerful real estate group. Although there is a certain amount of publicity for selling houses at 25% off, it is undeniable that under the epidemic situation, housing companies across the country are already in dire straits and decrease loss strategy are needed urgently.

According to the People's Court Announcement, from January 1, 2020 to February 15, 2020, 74 real estate companies in China went bankrupt, and1.5 real estate companies went bankrupt every day averagely. This winter is harsh for real estate industry.

Not only are real estate companies struggling, but domestic housing prices and rents have also been affected. Leaving many investors losing money for months. Coupled with economic damage,  the increase in housing prices may be less than expected, and the market recovery also need a long time, and investment yield will be affected.

How can we minimize losses in the face of unforeseen crises such as epidemics? How to control real estate investment risks? If you are interested in real estate investment, there are a few tips.

 

1. Put the eggs in different baskets.

If the investment targets are concentrated in the same market environment, and there is a large loss in the event of an emergency. Thus we recommend that diversify the investment and control the risk within a certain range. Overseas markets are considerable option too.

2. Select potential markets.

From the perspective of investment income and market saturation, domestic real estate is no longer the best investment option. Although the overseas market is remarkable, we still need to choose regions with appreciation potential, and the Cambodian property market has certain investment advantages. Cambodia's GDP growth rate has been maintained at around 7% throughout the year, and economic growth has been stable. Economic development directly affects the appreciation and preservation of real estate. From this perspective, Cambodian real estate is more suitable.

Secondly, Cambodia is in the early stage of urbanization construction, the market demand is strong, the number of approved construction projects has continued to increase, and the prospects for real estate development are promising. In terms of real estate income, land prices and housing prices in Cambodia are still economical relatively, but rental yields in major cities are very high. Housing prices in the capital Phnom Penh have risen as much as 16.7%, with a rental yield of about 6.5%, which has great potential for appreciation.

1. Dollar asset, more safe

The current global economic situation is not so optimistic. How to withstand the risk of property depreciation is also a great challenge for investors. The ability of the US dollar to resist risks is stronger, and real estate can be more value-preserving, and some US dollar assets can be appropriately purchased.

Cambodia's financial openness, circulation of US dollars, and real estate are settled in US dollars, which is very rare in the entire Southeast Asian market. While housing prices are still affordable, you can start with high-quality projects in advance.

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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