Property prices stagnant following election

Although house prices increased sharply in early 2013, they have remained stagnant following the national election last month.

Kuy Vat, the President and CEO of VTrust Group, said housing prices in many projects remain unchanged, because most customers are waiting for the formation of the new government. …

Po Eavkong, the Managing Director of Asia Real Estate Cambodia co, Ltd, said house prices during the first half of 2013 increased five to seven per cent compared with the same period last year, but prices have not changed following the election. …

Noun Rithy, the General Manager at Bunna Reality Group Co, Ltd, disagreed, saying that prices for the first half of 2013 were 10 per cent to 25 per cent higher than during the same period last year. …

Siv Meng
http://www.phnompenhpost.com/real-estate/property-prices-stagnant-following-election