Construction costs low, but could rise

Construction costs in the Kingdom have increased only 1.36 per cent year-on-year, compared to Cambodia’s inflation rate, which is projected at 3.5 per cent for 2012, according to a new report from global estate agents CBRE. The company says the minimal increase is due to the competitive market conditions, as well as labour costs remaining the same year on year. Labourers on average receive $5 per day, which is the same rate as in 2011. …

http://www.phnompenhpost.com/2013030761790/Real-Estate/construction-costs-low-but-could-rise.html