Tuesday, November 3, 2015

Condo boom in Cambodia's capital driven by expat demand and a leap of faith


3 November 2015

High-rise apartments are springing up across Cambodia's capital, part of a property boom led by expat demand, while developers are also betting the country's growing middle class will shed a traditional distaste for "living on top of each other". Prime residential land prices in the capital jumped 14.1% in the first half of this year, the biggest rise among 13 Asian cities in a Knight Frank research report.

Source:
http://www.reuters.com/article/2015/11/02/cambodia-condominiums-idUSL3N12N3UL20151102

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