Maybe be around $80,000.00 to $100,000.00?
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^^ thats much...i'll just build one myself for cheaper....
StrongAngkor .....heheeh....sure...im ready when u are...
StrongAngkor .....heheeh....sure...im ready when u are...
Recently, I asked the house owner about the price, she said (42,000$) but if the house at big road (Russian boulevard) the price will be more then (100,000$).![]()
for this house around $180,000 to $ 240,000.
This house location is just infront of p-penh airport, and it was build by Canadia Bank.
The above price still has some discount she added.^^
The house size (4.2m x 12m) if I'm not mistaken but it has back door too, it's too short for me but good location.
Instead of getting better, you mean the market become crazy ?
Do you know what is happened in China today ? The market is at the beginning balancing. Some people becomes very rich, too much rich. So they buy land and houses, appartmenst ... to anticipated the market. Each of them buy not one or two but ten or hundred houses. So the price of the units raise too much for the middle class that can't access property. There are crisis now in China. In 2010, the government of China decide to forbid family to buy more than one unit in Pekin. (like natality law). So rich people invest abroad.
And do you know what is the average price of square meter in Pekin ? => 3000$ !! Some Unit in Phnom People could be more than $5000 for a poor country. Is there balancing ? Where is crisis ?
1- Middle class in China is more rich than middle class in Cambodia.
2- When I see the price in Phnom Penh, I think it is crazy for middle class.
3- The rate of loan is about 10-12% in Cambodia (I think). That is very hight.
So, do you think we are in the same situation than China today ?
Do you know what is happened in China today ? The market is at the beginning balancing. Some people becomes very rich, too much rich. So they buy land and houses, appartmenst ... to anticipated the market. Each of them buy not one or two but ten or hundred houses. So the price of the units raise too much for the middle class that can't access property. There are crisis now in China. In 2010, the government of China decide to forbid family to buy more than one unit in Pekin. (like natality law). So rich people invest abroad.
And do you know what is the average price of square meter in Pekin ? => 3000$ !! Some Unit in Phnom People could be more than $5000 for a poor country. Is there balancing ? Where is crisis ?
1- Middle class in China is more rich than middle class in Cambodia.
2- When I see the price in Phnom Penh, I think it is crazy for middle class.
3- The rate of loan is about 10-12% in Cambodia (I think). That is very hight.
So, do you think we are in the same situation than China today ?
Who knows what is going to happen after 10 or 20 years
It depends on the property prices. But people holding properties now in Central Phnom Penh will surely benefit in the future
It depends on the property prices. But people holding properties now in Central Phnom Penh will surely benefit in the future
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