Where is the best place to invest in Cambodian real estate?
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Where is the best place to invest in Cambodian real estate?
Phnom Penh
With a rapidly growing population of over 3 million, Phnom Penh is the country's bustling capital and growth hub. In most cases, anything of commercial or political importance takes place in Phnom Penh, and overseas property purchases are very frequent.
Long-term travelers and residents of Southeast Asia will tell you that Phnom Penh is reminiscent of Bangkok some 30 years ago.
Today, Bangkok is a modern metropolis of 16 million inhabitants, a regional commercial center and the most visited city in the world by tourists. Smart investors should take this as a clue.
While many people buy property in Singapore or Bangkok, maybe investing in the "next Bangkok" or "the next Singapore" will yield better returns?
Beyond that, Phnom Penh has a lot to offer any visitor - from highly authentic French cuisine to casinos and street markets. The city's temples are among the most ornate in the world, second only to its increasingly tall financial district. Phnom Penh's Art Deco Central Market is the city's most recognizable building 海外置業.
east
Daun Penh is Phnom Penh's main Central Business District (CBD). It is home to the city's central market and main business district, as well as numerous government offices, riverside and Phnom Penh Temple.
We believe that Daun Penh is one of the three fastest growing areas in the Cambodian capital over the long term.
The riverside area of Phnom Penh is not only the Dawn side, but also the most expensive area in the country. Of course, property values are still only a fraction of what a riverside condo in Bangkok or Saigon would be convenient for overseas purchases.
Moving west, Phnom Penh's tallest buildings are in the financial district, with many more under construction. 110th Street, the focal point of the CBD, sometimes has apartments for sale. They have the potential to be resold to large developers at a premium in the future.
This part of town will not remain low-rise for long. It is only a matter of time before office buildings and shopping malls replace colonial condominiums in central Phnom Penh.
Chacamon
Chamkar Mon is located in the southern part of the city center and enjoys some of the most exclusive residential areas in Phnom Penh.
The area known as "BKK" (specifically BKK1, BKK2 and BKK3) is known for its spacious villas, a selection of fine dining restaurants and top-notch international schools.
BKK is also home to Aeon 1, the largest shopping mall in the city center. Chamkar Mon is rapidly becoming the most desirable living and business district in central Phnom Penh and the first choice for overseas property buyers.
Chamkar Mon also has Cambodia's largest casino across the street. Even hotel brands like Shangri-La are currently entering the town and benefiting from Cambodia's tourism boom.
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