Risk-averse Japanese investing more in Phnom Penh condos
In the course of a city’s development, especially a capital city, certain events serve as mile markers, raising their profile both regionally and globally. …
Few understand the changing views of Japanese investors toward Cambodia better than the upper management of boutique real estate consultancy AnnaCam Partners, one of Phnom Penh’s top providers of real estate services to Japanese investors.
Phnom Penh-registered AnnaCam organises investment seminars in Japan for potential investors who want to learn more about the pros and cons of investing in Phnom Penh. Afterwards, groups of 10 or more investors come to the capital to personally inspect condominiums and decide whether to take the plunge and make a purchase. …
In the second half of 2013 AnnaCam hosted visits by dozens of investors from Japan, many of whom purchased condominiums in Phnom Penh – all at De Castle Royal in the city’s tony BKK1 district. In fact, during that time, AnnaCam was the top sales agent for properties in De Castle Royal, which will open its doors in the second quarter of this year. …
Chris Horton
http://www.phnompenhpost.com/real-estate/risk-averse-japanese-investing-more-phnom-penh-condos
