Compass Real Estate > Cambodia Real Estate Information > News > Currently the condo market in Cambodia it`s seem not to popular but the next five years will be definitely price is rise

Currently the condo market in Cambodia it`s seem not to popular but the next five years will be definitely price is rise

2019-03-02
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Summary:Currently, demand for condominium units in Cambodia is not so many , because we see less condos in Cambodia .In the future the demand for condominiums will be increases and that made the condominium more prosperous than before.

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Currently, demand for condominium units in Cambodia is not so many , because we see less condos in Cambodia .In the future the demand for condominiums will be increases and that made the condominium more prosperous than before.

As more condominium units in the market have changed trends In this new market, Of this new sector, with the number of buyers turning to condominiums that finishing project rather than new ones.

Condominiums in Cambodia nowaday are not sufficient enough, so the demand for condominiums is still about five to ten times higher in the future.

In the future, the demand for condominiums will be increasing because of rising the apartment prices .So people can`t be afford enough to buy apartments in the middle of the city Which makes a look at condos that can meet the housing needs.

Growth of supply as well as demand for condominium buildings is extremely attractive from international and local investors, as of 2013, investment in new condominium units increased by more than 10 and by Q3 2014 up Nearly 20 buildings and many new buildings are underway.

More and more Cambodians are looking to suburban areas, where housing and shopping projects are being developed to give people the opportunity to get benefit from investing in the property market, as well as starting their new home In an area that is offering so many opportunities so condos can be spread throughout the whole city and in Suburbs also .

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