Foreigners buying Phnom Penh condos

31 January 2013
The Phnom Penh Post
Economy and commerce / Investment / Land / Phnom Penh
7 Makara / American / Apartments / Bonna Realty Group / Businesses / Cambodia / Chamkarmon / Chinese / condo buildings / condos / Daun Penh / De Castle Royal / Experts / Filipino / foreigners / Investment / Investors / Japanese investors / Keo Charanai Vimean condos / Korean / Real estate in Cambodia / Russei Keo / Sen Sok condos / Singaporean / Toul Kork / villas / VMC Real Estate Cambodia

The number of foreigners who bought condos in Cambodia increased by between 30 and 40 per cent in 2012 compared with 2011, a recent study showed, while 997 condo units currently belong to foreigners. Nuon Rithy, general manager of the Bonna Realty Group, said that according to the recent study, about five districts – Toul Kork, Daun Penh, Chamkarmon, 7 Makara, and Russey Keo – had 16 condo buildings, with a total of 2,362 units. …

http://www.phnompenhpost.com/2013013061082/Real-Estate/foreigners-buying-phnom-penh-condos.html