Cambodia now maintains an annual GDP growth rate of 7%, and the trend is still bullish. As the fastest-growing emerging market in Southeast Asian countries, Cambodia's real estate projects are of low value and great potential for return, which has gradually attracted the attention of the world investment market.
According to the Financial Weekly, the real estate price in Cambodia has soared from 20 12, with an increase of 10-20% almost every year, and even higher in some areas, especially in the capital Phnom Penh, where real estate has developed rapidly and house prices have soared.
According to the mayor of Phnom Penh, there are more than 2 million people in Phnom Penh, and the population is increasing by 4% every year. Like every emerging metropolis, the urban area of Phnom Penh is gradually expanding.
Another survey shows that 65,438+06.2% young people in Cambodia leave the countryside to look for jobs in cities every year. These people need housing after entering the city, which is undoubtedly a potential market for real estate. Some investors who have a keen sense of smell and want to take the lead have entered Phnom Penh. In addition, some more enterprising individual investors are also cutting into this market.
Great changes are taking place in Phnom Penh. At present, the house price in the core area is increasing by as much as 15%. Investment analysis shows that housing prices in Phnom Penh will continue to rise in the next five years or even longer.
Phnom Penh, like its name, shines like gold. Some people describe Phnom Penh as full of business opportunities like Shanghai and Shenzhen 30 years ago. The real estate in Phnom Penh has attracted more and more investors' attention because of its advantages such as dollar pricing, permanent property rights and relaxed trade environment.