Partly true but partly wrong also. In condo building where I live currently, 70-80% are khmer families and majority of them are under 40yo. So attitudes are changing. Also there are starting to be condos that have "associations" or condo owners board which control the building maintenance etc. But yes high end condos most likely are bad investment, but cheaper ones selling really well and most of them have high occupancy rate as well.srey tee krong wrote:Buying Condos is not a good idea in Cambodia.
There are too many condos and not enough people want them.
Many bought condos stay empty.
No condo associations to give owners control of building.
Most Cambodian buy for investment not to live in. We like shop houses.
If you buy condo as investment it will be difficult to get your money back.
Buying a condo
- rogerrabbit
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- raendi
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That's best option for westerner if want to have own apartment in Kingdom, since it's hard/impossible to get ownership for old hard-/soft title apartments.srey tee krong wrote:Buying Condos is not a good idea in Cambodia.
Pardon my engrish, thanks you.
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