Demand for satellite cities low: report

Phnom Penh, which currently has six satellite cities under development, may be jumping the gun in terms of the demand for them, according to a new report from global real estate firm CBRE. In its latest MarketView report, CBRE says bluntly that currently “demand for satellite cities is low. Phnom Penh’s population is currently not willing to relocate to these developments often due to the lack of amenities and facilities.”…

http://www.phnompenhpost.com/index.php/Real-Estate/demand-for-satellite-cities-low-report.html