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.
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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