Did take two rooms Siem Reap for 4 days in Feb.
Hotel claimed 4 star status and pool was vey nice, but actually a 3 1/2 star joint. I guess rooms would have been $80-125 Feb 2019. We paid $30/room/night. A great many Siem Reap hotels are 100% closed, with 60-90% of the rest more closed than open: only keeping on a handful of staff. Rich- well built hotels can pause this way, but many seem to have serious maintenance issues.
I guess this is showing up in PP condo's too. Purchase always seemed a risk because it necessitated trust in long term maintenance. I don't know if condo maintenance fee collections have plummeted, but I would guess expenditure has. The rainy season is here early and winds are up as well. In great, low- maintenance tall buildings, no worries. In others, I expect prices to drop drastically in Dec, if not sooner, when overseas condo owners come for a visit.
But, what do I know, if the purpose is cleaning illicit cash, maybe water damaged condos work just as well?
C-19 ten months in: How much have rents dropped?
Buying or owning playboy condos for the action is too dependant on which visa one acquires for the frollicking with the local offerings.
This pandemic seems to be getting worse with each passing day.
If the world gets a serious financial meltdown in this pandemic, condos for the nightlife will be available like never before.
This pandemic seems to be getting worse with each passing day.
If the world gets a serious financial meltdown in this pandemic, condos for the nightlife will be available like never before.
You, Marked Money, are richer than I. Buying condos simply to have a nice place to party might be swell, but a hotel or airbnb would be more my price range.
Please do send an invite though. I love the view doing overpriced drinks up on Vatanak Tower and most definitely I'd enjoy the view from high up some of the new PP buildings!
Please do send an invite though. I love the view doing overpriced drinks up on Vatanak Tower and most definitely I'd enjoy the view from high up some of the new PP buildings!
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