Residential property prices see steady growth
A property expert and investor in the construction sector says that home prices have increased between 10 and 20 per cent so far this year compared to last year. Kim Heang, president of Khmer Real Estate, says that demand for property in boreys is healthy. Most homebuyers bought properties for personal use rather than for speculative reasons, he adds. According to Heang, Cambodia’s demographics – around nine million people are under 35 – mean that demand for residential property will continue to increase as young people marry and have children, thus it makes sense for people to buy early as property prices are going up by 10 to 20 per cent on an annual basis. …
Siv Meng
http://www.phnompenhpost.com/real-estate/residential-property-prices-see-steady-growth
