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Residential market in Battambang started to accelerate as demand increased

2019-05-20
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Summary:Local authorities and developers have argued that the housing market in Battambang City is booming as demand for residential homes increases, with increasing population income. Governor of Battambang Mr. Pheng Sithy said by that currently, Battambang town of 10 Sangkats is working hard to improve the city's infrastructure to improve the beauty of the city.

One view of Borey in Battambang city

Local authorities and developers have argued that the housing market in Battambang City is booming as demand for residential homes increases, with increasing population income.Governor of Battambang Mr. Pheng Sithy said by that currently, Battambang town of 10 Sangkats is working hard to improve the city's infrastructure to improve the beauty of the city. Attraction to the reputation of a unique tourist area, especially in the attraction Strictly regulated as population growth continues to increase, currently the population of the city has risen to about 150,000.

"With increasing demographics, real estate investment, especially housing, has increased dramatically," he said. "Constructing residential construction for sale from middle class investors as well as the development of Borey such as Borey Oknha Phou Puy, Borey Rumchek and Borey Rasmei, Battambang," he said.

In addition, there are also lots of lotteries land, especially in the North, North and Northwest, with prices ranging from over 10,000 to 20,000 US dollars per plot.

Oknha Heng Tola, president of Borey Raksmei Battambang Development Company, said that the real estate sector in Battambang city was better than last year, while some local investors were also looking for opportunities to attend. To develop housing as well. "


He continued, as my own experiences and observations in recent years, as well as in the past year, the activities of buying real estate, including construction of houses as well as slopes, are not too busy, but in 2019 Both foreign investors as well as those in the region are interested in investing Considerably. For instance, the housing project in my town is crowded, and most of it is a down payment.

"Most of my residential and residential developments are focused on middle and lower middle income clients, with prices ranging from $ 15,000 to $ 30,000," he said "
Ouk Phoeuy, an investor and housing developer in Battambang City, also expressed optimism that the real estate sector in Battambang City did not have the potential - the provincial capital Better yet. Okhna continued that the current volatility is due to the national economic growth, giving people more opportunities to earn more.
"The majority of people living in this province are dependent on agriculture, so when the national economy improves, it is good value agricultural products, it encourages them to have a fair amount of income," he said. Buy a dwelling with the method of installment payment. "

"The real estate market in Battambang city, though not yet comparable to some of Phnom Penh and Siem Reap, is still in progress, And while local investors as well as international investors are turning their attention to investing to develop the real estate sector. In this province ".

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