Number of Condominiums Grows in Phnom Penh
The number of condominiums in Phnom Penh has increased 22 percent to 2,578 units since the beginning of the year, according to data released yesterday by Asia Real Estate Cambodia. The firm said that the majority of the new units came from the completion of 10 small-scale modern apartment buildings in Boeng Keng Kang I and II, Tuol Kok and Daun Penh districts. As a result, there are now 1,585 Grade B units in Phnom Penh, while Grade A units have grown 26.5 percent to 840 units in the past six months. …
