Compass Real Estate > Cambodia Real Estate Information > Popular Development > Are you kidding? Chinese people are going to Cambodia to buy a house?

Are you kidding? Chinese people are going to Cambodia to buy a house?

2019-04-13
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Summary:If you want to invest, which one are you more willing to invest? Maybe such a choice will be polarized before the results are seen. But after many years, there is definitely a group of people who regret that they didn't buy it at the beginning.

When people say that they can invest in real estate, there is a Chinese presence. Is this to praise us for having money, or is we blindly investing? Everyone in China’s real estate has been cautiously watching, and some people with long-term vision have already gained a wave of profit. You have to sigh that it is good to have money.

   

Southeast Asia seems to be lagging behind some of the countries that are compared with ours. As a concentration of newly developed countries, Southeast Asia is now like China 20 years ago, full of opportunities everywhere. So we can see the booming tourism industry in Thailand, the rise of Indian artisanal manufacturing, the Philippines, Indonesia, Vietnam and other countries began to become world factories, Cambodia's real estate sales are hot.

If you want to invest, one is a high-priced property in developed countries, and the other is a low-priced property in an emerging country. Which one are you more willing to invest in?Maybe such a choice will be polarized before the results are seen. But after many years,There is definitely a group of people who regret that they didn't buy it at the beginning.

A living example can be referenced. Ten years ago, the price of Guangzhou Zhujiang New Town was only 8,000 RMB. Some people said that if I knew it, I would buy a set in Zhujiang New Town from the beginning, and I would not have to work. Now I am worth 10 million. And now you can't even buy one square meter in the third- and fourth-tier cities. This is investment. If your ability allows, investment is not only a psychological journey, but also a long-term battle.

Cambodia's current economy is like China 20 years ago, the influx of investment from all over the world, the pursuit of gold rush, and its natural advantages: the best foreign exchange reserves and places to avoid risks, but Cambodia is still very poor. That's right, because it is still very poor, so there is such an opportunity!

01Location of Cambodia

Cambodia is strategically located in the heart of the Mekong River Basin. It is located in an important transportation hub in Southeast Asia and is a gateway to important markets around the world. At present, the regional infrastructure is perfect, and international transportation construction is in full swing. The number of people traveling to Cambodia is also increasing, and people are becoming more aware of this country. This is the potential of Cambodia.

02The first stop of the Silk Road Economic Belt and the 21st Century Maritime Silk Road

Cambodia is an important place in the Southeast Asia in the "Silk Road Economic Belt and the 21st Century Maritime Silk Road". It has developed rapidly in recent years and has become a "new development market" in Southeast Asia. In the first half of 2016, China and Cambodia bilaterally The trade volume came to 2.34 billion US dollars, an increase of 10.2% over the same period of the previous year. With more cooperation agreements, this data will reach 5 billion US dollars in 2017.

Although the data does not explain everything, but a reliable reference, after all, it will not lie.

03The national population has a low average age and the labor force has a huge developmental

The average age of Cambodian nationals is 27.8 years old and is a very young country. According to official statistics, by December 2016, Cambodia had a total population of 15.39 million, of which 31.6% were under 14 years old, with a total of 5.89 million; 15 to 24 years old accounted for 20.5%; and 25-54 years old It accounts for 38.9%, and only 4% of those over 65 years old. The younger population constitutes a huge space for labor growth.    

A large number of low-age populations mean a huge supply of labor, which is conducive to the promotion of the economy through manufacturing, and means that there is a huge consumer market.

04Cambodia is politically stable, the economic environment is relaxed and the policy is very conducive to investment.

Prime Minister Hun Sen has been re-elected since 1985 and includes many important cabinet members in Congress. These have ensured the unity and stability of the country's policies.

There are also Western media who will question this practice. What if the Prime Minister changes someone? And 2018 is the election year. Obviously Hun Sen’s re-election is basically certain.

Second, whoever comes up will be friendly to China, why? Because the largest investors, creditors, and foreign trade partners are almost all China.

What advantages does Cambodia have for China to invest? In addition to political friendliness:

In addition to various tax incentives, Cambodia gives equal treatment to foreign investment and domestic investment, and all investors are equal before the law. For approved investment projects, the Cambodian government does not regulate the prices of its products and services, allowing investors to purchase foreign exchange from the banking system and transfer them abroad to liquidate their financial liabilities related to investment activities.

The most attractive to global investors is that there is no exchange control here, the key is to trade in US dollars.


There is also a terrible data showing that Cambodia's Phnom Penh rental returns are the fourth highest in the world and the first in Southeast Asia.

 In fact, since 2014, real estate investment in Cambodia has begun to receive attention, and real estate investment has been particularly concerned in the past two years, so many project choices have fallen in Cambodia. If you come to Phnom Penh, you will feel the fiery heat of Phnom Penh real estate, full of Chinese tourists and Chinese-style architectural projects. (Source: hwsong immigration platform)

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