Residential rent reporting in major cities in Asia shows that Cambodia’s housing investment rate is high
Cambodia’s housing investment rate is impressive, as high as 7%-10%, which is 7.5 times that of Taipei City. There are currently 374 serviced apartment buildings in Phnom Penh, the capital, but the number of foreigners residing in Phnom Penh is about 47,000 to 50,000. The proportion of foreigners working in Cambodia is about 68%, and the apartment market is currently in short supply.
As the new first choice for overseas investment that has recently emerged, ASEAN members stand out. The 10 ASEAN countries officially implemented the regional common market "ASEAN Economic Community" in 2015. The ASEAN countries will soon form an alliance. The "ASEAN Plus Six" Regional Comprehensive Economic Partnership Agreement (RCEP) negotiations will be completed. The world's largest free trade agreement will be completed soon. Asia There will be major structural changes in economic development. It is estimated that by 2030, the GDP of the community will reach 20 trillion US dollars, providing unlimited business opportunities for enterprises, and the investment boom will increase.
Housing prices are divided into egg yolk and eggshell, and the yolk can better see the base period of real estate in various places. The capital or first-tier cities are usually the location of the egg yolk. The lower the base period is in line with development, it means that the purchase price is low and the appreciation is high. The future outlook is predictable. The so-called Location Location Location, buy high and sell high, and it will be easy to sell in the future.
In 2015, the world's largest economic community, the "ASEAN Economic Community" (AEC) will be born. With 4.44 million square kilometers and a population of 600 million, it is larger than the European Union.
Thailand and Myanmar, Vietnam, Cambodia, and Laos to the north of Thailand are called "North East Association". North East Association and neighboring Yunnan and Guangxi in China are in full swing for century-old infrastructure projects, and new railways, seas, and waterways are born. The transportation network will replace the function of relying on the Strait of Malacca in the past, and effectively connect the economic and trade routes of Asia, Europe, Africa and the Middle East again.
When the overseas real estate investment craze started, people with some capital on hand rushed to invest in Japan and Malaysia. At this time, Liu Yixin learned about the investment in Cambodia through a friend. She said: "Compared with Japan, the investment in Cambodia is more exciting. I feel at ease." Before buying a house, Liu Yixin participated in a tour group organized by builders, and those who wanted to invest organized a group to Cambodia to listen to the briefing, visit the pre-sale house and the City Tour to understand the local life functions.
8 advantages of real estate investment in Cambodia
Due to the 8 major advantages of Cambodian real estate investment, Cambodian real estate has recently ushered in a sales peak. According to the survey, the turnover rate of many real estate projects in Phnom Penh has exceeded half, and some units have been sold out. In the past three months, buyers from Taiwan and Japan have become the main consumers in the real estate sales market.
The low base period of transportation, currency, and housing prices, the rich demographic dividend and the massive investment of foreign capital have contributed to the prosperity of Cambodia's economy, which is expected to grow exponentially in the next ten years.