Cambodia is considered one of the fastest growing economies in Asia. Without a doubt, this growth has driven rapid progress in real estate.
Condominiums, which represent a new trend in the Kingdom, are gaining steam and catching the eye of local buyers. There is a unique investment opportunity in buying condos. They can generate a solid revenue stream and increase hugely in value over time.
Cambodian condos offer huge value gains compared to Thailand, Vietnam and Malaysia.
World Bank forecasts 7 pct growth for Cambodia in 2018 thanks to rising external demand, investor confidence.
The Cambodian economy is expected to marginally accelerate to 7 percent in 2018, compared to 6.9 percent in 2017, underpinned by external demand and upbeat investor sentiment, a new World Bank report said on Thursday.
It said tourist arrivals reached 3 million during the first six months of 2018, which represented a 13.6 percent increase year-on-year, compared with 11.8 percent in 2017, and is driven by a surge in tourist arrivals by air from China.