Compass Real Estate > Cambodia Real Estate Information > Rent&Buy > Don't Want to Spend On Rent Anymore? Here Are Economical Borey Projects That Meet the Needs, Even If You Have a Tight Budget

Don't Want to Spend On Rent Anymore? Here Are Economical Borey Projects That Meet the Needs, Even If You Have a Tight Budget

2021-08-30
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Summary:What Compass will recommend today are all the new houses that are located in Phnom Penh. Not only do they have a first-class living environment, but the payment method for the house is also convenient, which is very suitable for anyone who wants to get their own new home.

According to statistics, more and more people are starting to move to live in Phnom Penh year by year. Moreover, as for the latest data, the total population of Phnom Penh in 2021 is approximately 2.144 million, which is an increase of 3.18% compared with 2020. This increasing number is one of the factors in the increasing demand for housing, leading to the continuous emergence of construction sites for various types of houses in the city center, business districts, and even in the suburbs.

news/2021-09-01/1630479314762286.jpg

However, as the capital of the country, housing prices will not go down anywhere, making it difficult for some low-and middle-income people to find affordable and suitable houses. Therefore, the Cambodian government also called on all housing project developers to take this into consideration. That is why, in the last few years, when real estate developers launched their new residential projects, they also started to provide affordable housing that can be paid in installments. Some of these projects even provide low-interest loans and interest-free loans to purchase houses.

Therefore, what Compass will recommend today are all the new houses that are located in Phnom Penh. Not only do they have a first-class living environment, but the payment method for the house is also convenient, with only about 10-30% of the down payment and a reasonable installment plan.


Editor: Nea             Chief Editor: Sunnie         General in Chief/Executive Producer: Nicole             Translator: Thangnyth

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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