by RobW » Thu Jan 23, 2020 1:43 pm
YaTingPom wrote: ↑Thu Jan 23, 2020 1:37 pm
RobW wrote: ↑Thu Jan 23, 2020 12:52 pm
YaTingPom wrote: ↑Thu Jan 23, 2020 12:37 pm
It’s a balls up that’s fo sure.
I want to know when land prices will go down so I can buy some at reasonable prices ($200 per sq please. Downtown. Thanks) because they sure as shit ain’t dropping. Still silly prices of $4k downtown and $1500 on the periphery.
Macau is only 15 sq mi bigger but has a population of close to a million, not including tourists. So 300k is doable, if the infrastructure is intact and working (lol).
I wonder how this virus will effect them coming back/returning?
Didn't that article say some of the casino land was now on at $5 a metre?
Too long to read it again.
Didn’t read it. Same same but not different news article.
$5 per sq?
I’m pretty certain it hasn’t been that low since the 70s.
The expats and Khmer land owners I know all think it’s a bump in the road (like Belgium) and all will return to normal after KNY. I think they mean this year. Possibly.
Some speculators have been disappointed in Kampot as the Chinese influx never happened, as I said many times. No beaches, no casinos, no airport etc.
Although I didn’t predict the SHV slump. I said things would slow down and level out. But I guess no one thought HE would ban online gambling. Lots of wealthy (and not so wealthy) locals got stung.
I still think HE will make concessions to some degree.
It says it unless I'm misunderstanding something, so I guess the article is bollocks:
"still, the Chamber’s own estimates show a cratering in demand for space in Sihanoukville. According to their statistics, the city’s once-red-hot casino space was previously selling for as much as $70 per square-metre. Now, the Chamber says, the same space might sell for as little as $5 per square-metre, provided one could find a buyer....."
Edit:
I guess "casino space" is not land on reflection.
[quote=YaTingPom post_id=995776 time=1579761459 user_id=38577]
[quote=RobW post_id=995753 time=1579758733 user_id=1315]
[quote=YaTingPom post_id=995749 time=1579757835 user_id=38577]
It’s a balls up that’s fo sure.
I want to know when land prices will go down so I can buy some at reasonable prices ($200 per sq please. Downtown. Thanks) because they sure as shit ain’t dropping. Still silly prices of $4k downtown and $1500 on the periphery.
Macau is only 15 sq mi bigger but has a population of close to a million, not including tourists. So 300k is doable, if the infrastructure is intact and working (lol).
I wonder how this virus will effect them coming back/returning?
[/quote]
Didn't that article say some of the casino land was now on at $5 a metre?
Too long to read it again.
[/quote]
Didn’t read it. Same same but not different news article.
$5 per sq? :lol: :lol:
I’m pretty certain it hasn’t been that low since the 70s.
The expats and Khmer land owners I know all think it’s a bump in the road (like Belgium) and all will return to normal after KNY. I think they mean this year. Possibly.
Some speculators have been disappointed in Kampot as the Chinese influx never happened, as I said many times. No beaches, no casinos, no airport etc.
Although I didn’t predict the SHV slump. I said things would slow down and level out. But I guess no one thought HE would ban online gambling. Lots of wealthy (and not so wealthy) locals got stung.
I still think HE will make concessions to some degree.
[/quote]
It says it unless I'm misunderstanding something, so I guess the article is bollocks:
"still, the Chamber’s own estimates show a cratering in demand for space in Sihanoukville. According to their statistics, the city’s once-red-hot casino space was previously selling for as much as $70 per square-metre. Now, the Chamber says, the same space might sell for as little as $5 per square-metre, provided one could find a buyer....."
Edit:
I guess "casino space" is not land on reflection.