What’s next for Cambodia’s condos?
The Phnom Penh Post
11 May 2017
Condos are now in abundance in Phnom Penh. To stand out from the crowd, differentiation is key. Photo: Heng Chivoan
CBRE Cambodia estimates that condominium supply in Phnom Penh alone
currently stands at 4,253 units and will reach 38,920 units by the end
of 2019, representing a 9 fold increase.
Supply is coming from a low base but a combination of market dynamics
and access to ample foreign capital have combined to create a dramatic
shift in Phnom Penh’s residential market, as evidenced by the speed at
which the city’s skyline is changing. With buyers spoilt for choice,
CBRE Cambodia explores some strategies developers employ to make their
project stand out from the crowd.
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