Compass Real Estate > Cambodia Real Estate Information > Editorial > Property prices in four countries are declining while real estate prices in Cambodia are rise

Property prices in four countries are declining while real estate prices in Cambodia are rise

2019-03-01
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Summary:Cambodia's real estate sector is booming with investments from many foreign investors, which are expanding large projects in key provinces in Cambodia and Phnom Penh, which have transformed Cambodia into a country that Strong growth in the real estate sector, high-rise buildings, condominiums, supermarkets . so those area have made real estate prices rise.

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Cambodia's real estate sector is booming with investments from many foreign investors, which are expanding large projects in key provinces in Cambodia and Phnom Penh, which have transformed Cambodia into a country that Strong growth in the real estate sector, high-rise buildings, condominiums, supermarkets . so  those area have made real estate prices rise.

While real estate prices in Cambodia are increasing, we have seen four other country real estate prices declining:

1. Thailand

Last year, Pattaya started selling 10,239 condo units with a combined value of 55 billion baht (US $ 1.7 billion), a significant increase from 2,192 units in 2017.

But now Phuket, Chiang Mai, Thailand, is a Chinese target market pushing to buy real estate and is one of the most attractive destinations for a high-quality country, but excessive supply of the home can make the market There was a problem.

2. Australia

Apartment prices in both cities are falling, developer Harry Triguboff has warned that this year may be worse than 2018 for the Sydney and Melbourne housing market. .

3. Japan

Japan, with its people in Japan, is selling the cheapest homes, and some give it for free, due to the excessive housing surplus in 2018 and in Thailand, which is experiencing problems. Of condo supply beyond demand.

4. Hong Kong

Hong Kong's home-price  are among the highest in the world, according to market research by developers who have publicly traded on the stock market for nearly two decades.

But Hong Kong's property market has shown home sales in the industrial estate have dropped 39 percent to the lowest level in the first quarter of 2016. 

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