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Property Investment in Cambodia

As with most of the world, over the last 3 years Cambodia experienced a rapid rise in property prices. Primarily in the Capital city of Phnom Penh, but also in major tourist destinations such as Siem Reap and the southern coast, property prices rose as much as 10-fold in some areas. An influx of Korean investment in residential developments seemed to trigger a speculative property market frenzy with at one point property prices rising on a monthly basis. With loans being offered by local banks at around 10 per cent and property value increases being many times that, a sudden increase in property transactions ensued. At its peak prices for prime land in Phnom Penh reached $5,000 a square metre. Siem Reap saw increases in values peaking around $1,000 a square metre. Beach front land in Sihanoukville experienced similar rises.

News in investment

President wraps up Cambodia visit, pledges investment

Google News - Fri, 2016-06-17 05:12
He expressed his belief that with Tep Vong at the helm, Cambodia 's Buddhism would increasingly flourish, and with his role and prestige, the host would make more positive contributions to the solidarity, friendship and neighborliness between Việt Nam ... catched

New Milestone for Cambodia and Vietnam Bilateral Trade

Google News - Tue, 2016-06-14 18:15
Leng Rithy, a representative of the Vietnamese Investment Association in Cambodia and president of the Vietnam Rubber Group in Cambodia told Khmer Times that the state visit will further cement the strong commitment of Vietnamese investors and ... catched

US Official: Cambodia Could Join TPP Trade Pact

Google News - Tue, 2016-06-14 01:08
U.S. Under Secretary of State Catherine Novelli met senior Cambodian leaders in Phnom Penh last Friday during a three-day visit to the country, discussing a range of issues including deforestation, the investment climate, energy and technology. Novelli ... catched