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Reasons to be wary of buying a high-rise condo unit

Posted: Mon Jan 21, 2019 11:40 pm
by McPhisto
This video is from the same guy who ranted about China's "moral crisis" on youtube, but this one from 2016 is about why not to buy a high-rise condo unit in China. It's surely not a 100% direct comparison to the Cambodia housing market for several key reasons, but I believe many of the points he makes are completely relevant to the relatively recent high-rise condo building boom in the major Cambodian cities, especially the possible lack of stongly managed condo association who collects monthly maintenance fees and enforces upkeep of the common building areas.



If anyone here has experience in owning and living in a high-rise condo unit in Cambodia I'd like to hear their experiences with the issues mentioned in the video for comparison.

Re: Reasons to be wary of buying a high-rise condo unit

Posted: Sat Feb 09, 2019 7:38 am
by vladimir
1. Fire
2. Zero control of noise etc. by Body Corporate after purchase

Re: Reasons to be wary of buying a high-rise condo unit

Posted: Wed May 15, 2019 9:48 am
by Kolabiyar
3. Very limited lifespan (These buildings will last 40 years tops. Many much less. And they will start to visually decay much sooner.)