View all Investment Properties in Cambodia

News Detail

Our French Colonial apartments grew in value by almost 100% between November 2007 and June 2008. This is based on the fact that we sold one in June for $180,000, that the client we sold it for had purchased for only $95,000 in November last year. Unfortunately this level of growth leads us to the conclusion that if values grow by a similar figure in the next 8 months, and all indicators say that they will, then prices will be very near their peak and growth will start to slow to more standard inflation based growth.

This means that anyone who fancies a buy-to-flip investment should buy one of our Phnom Penh apartments really soon.

You could say it would be better to get in early on the next Phnom Penh. But to be honest there won't be a next Phnom Penh, because Phnom Penh had and has so many unique factors that combined and combine to drive property prices up so quickly:

The fact that there was no "property market" under Khmer Rouge rule made prices ludicrously low, combined with the hundreds of people who had hidden their wealth "under the bed" away from the Khmer Rouge, who then brought it out to invest and buy property. Then there was the exiled Cambodian's who had become wealthy overseas and flocked to reinvest in the free country, in some cases bringing large corporations with them. On top of that Khmer Rouge rule left Cambodia with most of the male population under 25 giving it a uniquely strong labour force, which, combined with low living costs made it very attractive to global businesses.

All the above combined to put foreign investment in Cambodia through the roof, as well as bringing the opening of a lot of new business in the country, which was responsible for the property market growth as prices could now increase to what international buyers could pay.

Liam Bailey, head of international research for DSR commented:

"I always said that Cambodia was one of the most potentially profitable emerging property markets, but all good things must come to an end, and those that burn the brightest burn out fastest, put simply growth like that can't last forever. The places I consider to be capable of seeing such levels of growth on the resale market as Phnom Penh did are: Isla Margarita and Dominican Republic in the Caribbean, Koh Samui, Koh Phangan, Cebu (Philippines), Boracay (Philippines), Manilla, Malaysian islands and virgin coastal areas, virgin coastal areas and islands of Cambodia in Asia, and Albania and Montenegro in Eastern Europe.

Find our more about Camodia investment opportunities

Back To News Archive in Cambodia

View all Investment Properties in Cambodia