Who still believes in this real estate thing here, prices are blown up, and it’s like a fun fair.. just name a number and some silly Korean or Western foreigner will buy into it. Discounts are not possible because considered a loose face. Come on Cambodia Phnom Penh is your capital, Take for example Sangkat Psar Thmey II and III they are a complete joke, I have heard already from 3 foreigners in that area who have mayor problems and NOTHING is done. Its like they really don’t care about their country and reputation. Such a loss because the country has the potential to become something.
And don’t forget the pavements… the “million dollar” old townhouses around the riverside and central market are also a shame for the country you can’t even walk there.. Everybody claims the government’s pavement and street infront on their house!! Why no rules about this? Clean it up and investors will come this is just a complete joke whats going on. What would you do buy an old townhouse that could caught fire easily or buy 10 brand new apartments in Thailand or Another country which will cost you the same?
please comment and wonder what you people's thoughts are, also about the newly build condo's which are heavily overpriced. and don't forget the projects around town that came to a stand still...
Current real estate situation
- Lucky Lucan
- K440 Knight Captain
- Reactions: 761
- Posts: 22525
- Joined: Fri Mar 04, 2011 12:24 pm
- Location: The Pearl of the Orient
Another disgruntled customer. It's all going down the tubes. Etc...
Romantic Cambodia is dead and gone. It's with McKinley in the grave.
The OP has a point around the lack of any 'social contract' regarding things like attitudes to street frontages, although that disconnect with social norms elsewhere in the world isn't limited to just property rights but pretty much every aspect of society.
But the line about buying ten apartments in Thailand for the price of a townhouse in Phnom Penh is hyperbolic nonsense.
But the line about buying ten apartments in Thailand for the price of a townhouse in Phnom Penh is hyperbolic nonsense.
Have you people been looking at the high speed train project in Thailand jet? Running from Bangkok to Nongkai?
Cities along this rail line have great potential.
here an apartment which is a bit old goes for 370.000 bath which is just 10 grand. This would cost soo much more here but why
http://www.ddproperty.com/en/property/a ... al%7C5%7C1
Here for example Sansiri, great reliable name in Thailand in multiple cities middle in the city and nice shopping centres starting from 43.000,-$
http://www.sansiri.com/eng/press-detail ... Udon-Thani
Cities along this rail line have great potential.
here an apartment which is a bit old goes for 370.000 bath which is just 10 grand. This would cost soo much more here but why
http://www.ddproperty.com/en/property/a ... al%7C5%7C1
Here for example Sansiri, great reliable name in Thailand in multiple cities middle in the city and nice shopping centres starting from 43.000,-$
http://www.sansiri.com/eng/press-detail ... Udon-Thani
-
- Similar Topics
- Replies
- Views
- Last post
-
-
Okhna real estate tycoon hangs himself
by Bong Burgundy » Wed Oct 11, 2023 7:22 pm » in Cambodia News - 59 Replies
- 10105 Views
-
Last post by Felgerkarb
Mon Oct 30, 2023 11:50 pm
-
-
-
Thailands covid situation
by Phuket2006 » Sun Jan 03, 2021 7:37 am » in Thailand, Vietnam, Myanmar and Lao forums - 7 Replies
- 2884 Views
-
Last post by v12
Sat Aug 07, 2021 11:45 pm
-
-
-
Current state of entry requirements?
by senechal » Fri Oct 23, 2020 11:25 pm » in Cambodia Speakeasy - 18 Replies
- 5397 Views
-
Last post by YaTingPom
Mon Nov 16, 2020 10:02 am
-
-
-
Current Processing Times for UK Visas?
by RobW » Sun Feb 05, 2023 12:08 pm » in Questions and Answers - 16 Replies
- 1632 Views
-
Last post by RobW
Mon Jul 10, 2023 4:41 pm
-
-
-
Current Thailand Cannabis price thread
by Sonic1 » Fri Jul 07, 2023 1:07 pm » in Thailand, Vietnam, Myanmar and Lao forums - 11 Replies
- 2417 Views
-
Last post by Marley's Ghost
Sat Jul 08, 2023 6:32 pm
-