The interest rate of home loans in Cambodia is three times of China, but the fixed deposit interest rate in Cambodia is also high, it is three to four times of China. At the same time, the housing payment method in Cambodia is somewhat different from China. Most developers provide 10-20% interest-free installment payments for 12 months, 24 months, or 36 months, some project payments will be paid proportionally in stages according to the construction progress of the house. It is different from the method in China where loan repayment starts as soon as the contract is signed.
Unlike its three neighboring counterparts, Cambodia has a freehold system for its citizens. Cambodia-based externals may also have ownership rights over certain properties subject to 2010, law on the provision of ownership rights. Nevertheless, these rights are limited to buildings which only newly built apartment buildings are entitled "strata."
Condominium or condo is similar to but easily labelled living space. Over time, condo-living has become increasingly popular. Many people like to live in a condominium for a number of reasons. Some of the major benefits of living in a condo are: Maintenance reduced, safety, accessibility and amenities.