Btw, those agents can be smelled from a mile away and are always so easy to recognize. I don't doubt a few Chinese got in early (especially with large plots), but I doubt many got rock bottom prices. Pump and dump after a few years with either locals (thanks to aforementioned unscrupulous Khmer real estate agents who drive prices up beyond belief) or their own countrymen does sound plausible.
Still, they might not be able to dump much when the economy collapses in two years or so. Don't know what to think: some might be tempted by more land, especially after a crashing dollar, but many might be out of cash as the Chinese economy folds back.
Land For Sale In Kep
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What about land on the islands? Which island would you recommmend to buy land? Hello jackrossi, we are the one who asked about land on Koh Rong. We got your PM, but can`t answer. Don`t know why ...
LexusSchmexus wrote:What's our commission if we give you leads? Usual 3% or more?
If you seriously have knowledge of particularly good land deals commission is possible or I could join as partner in case you want to, for example, purchase a plot of land yourself but the good deal is a plot too large just for yourself in that case I can join in allowing you to take the plot and later either separate it or share profits.
Economy collapsing in 2020/21.LexusSchmexus wrote: Still, they might not be able to dump much when the economy collapses in two years or so. Don't know what to think: some might be tempted by more land, especially after a crashing dollar, but many might be out of cash as the Chinese economy folds back.
Dollar crashes.
Chinese economy folds back. (Whatever that means)
Right.
Off to build my bunker.
pew, pew, pew, pew!
There are already a few large Khmer hotels down there, and plenty of places for expats/tourists to stay. What it's lacking is anything to do once it gets dark.ricecakes wrote: The Kep municipaility has done an amazing job of improving access to , and overall appearance etc of the town. There is only one place Khmers want to be on their holidays and that is....surprise surprise ......at the seaside. How many places are there to go ? Two. And every Khmer I now speak to detest going to Shitsville because its a long drive to get to a chinese gangster infested pukehole of incalculable proportions. I believe there is now a buzz around a SECRET beach destination on the coast below Bokor. I was there years ago and it is nice enough but rocky bottomed and u can walk ankle deep out into the tepid water for about ....well.....far enough you will never get wet.
Kep has morphed from what was a funky old relic of French Colonial and KR stronghold history to what is now fast becoming ( or has become ? ) the preferred coastal destination for locals,tourists,investors...oh yeah and returning French khmer retirees who are cashing out of Paris and wanting a slice of heaven . Unfortunately i don't think it will be long before we start seeing high rise hotels along the shores but i really hope it never comes to that. If the municipaplity is even a quarter smart they will restrict height.
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