Compass Real Estate > Cambodia Real Estate Information > Popular Development > Are you still waiting for 3 years to buy apartment in Cambodia?It will be upset for you to miss that opportunity.

Are you still waiting for 3 years to buy apartment in Cambodia?It will be upset for you to miss that opportunity.

2019-05-09
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Summary:In recent years, Chinese people can be seen everywhere in the world. Buying a house overseas is no longer a big news event. A large number of Chinese people are beginning to allocate overseas assets, and more and more families are joining the overseas asset investment team.

In recent years, Chinese people can be seen everywhere in the world. Buying a house overseas is no longer a big news event. A large number of Chinese people are beginning to allocate overseas assets, and more and more families are joining the overseas asset investment team.

In addition to whose active asset allocation overseas investors. The other is that a group is still keep waiting, waiting for Cambodian house prices to decrease and excepting for great return.

Pity for you guys who still keep waiting.

Now or never. Downtown or Village.

Everyone knows that Cambodia's building spring up like mushrooms. The property rights in Cambodia is free hold . If you buy it, you can hold it .

With more and more people buying houses, the land in the downtown area is sold out, it is impossible to have a large-scale demolition of urban centers like China. Then the developer will take the city center as the point and radiate the development in remote areas.

Therefore, according to this rule, if you keep waiting for another 3 years then buy a house, the location is definitely more remote than now. With your current budget, the quality of your prime location, the price will definitely be much higher than it is now!

3 years later, you will lose an apartment.

In recent years, Cambodia's economy has continued to develop at a high speed. The rapid growth of Cambodia's foreign population, dollar assets, stable value-added and demographic dividends will continue to stabilize the Cambodian real estate investment market.

On January 23, 2019, Hurun Research Institute and the real estate management agency Svidon Group jointly issued the "2018 Global House Price Index", pointing out that Cambodia's Phnom Penh has jumped to the top of the global housing price increase in the past year, an increase of 16.7%.

In 2018, Cambodia's GDP reached 7.3%, and the authorities predicted that Cambodia is expected to become the country with the highest economic growth rate among Southeast Asian countries.

Cambodia's economy continues to thriving, and housing prices continue to rise. 1 million, in the past few years, If you are in Cambodia you can bought two apartments , if you wait three years to investment, then 1 million you got one choice is choose apartment in Phnom Penh , There is no reason for losing an apartment.

The rental return rate has become an important indicator that is increasingly worthy of attention in the judgment of real estate investment income. According to "2018 Global Urban Rental Rate of Return", the rental return rate of Cambodia's Phnom Penh property reached 6.92% which ranking fourth place in the world and first place in Southeast Asia.

The rental return rate in Phnom Penh is around 7%, and the core location can even reach 10%-12%. In China, some first-tier cities have rental returns of less than 2%. In contrast, you know that Cambodian property is quite attractive.

Suppose if I invested in a property in Phnom Penh three years ago, the average monthly rent is 3,000 yuan. I have earned 90,000 rents for at least 30 months! If you wait three years, you can’t imagine it, and the rent is a big deal. Think about it now.

When Chinese look to the world, the scope of overseas investment has increased, and since the opening of the exchange reform program since the beginning of last year, the RMB exchange rate has entered a stage of depreciation, and the depreciation rate has continued to expand, which has led to many problems.

At the beginning of the year, the People's Bank of China issued the Measures for the Administration of Large-Scale Transactions and Suspicious Transaction Reports of Financial Institutions (the “Administrative Measures”), which will be implemented this year. In order to prevent the abnormal outflow of state funds and combat related crimes, all large foreign exchange remittance cash transactions exceed 50,000 to report.

In this case, some of the friends who originally invested in overseas investment began to hesitate. However, for the new regulations, foreign exchange control is still in the initial stage of implementation, and now is the best time for overseas investment! If you do not transfer asset allocation as soon as possible, you will find that after two or three years, the control will be stricter than it is now.
Wait another 3 years, and then it will be such a pity.

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