Borey housing projects in Cambodia are growing steadily. Development is still going on as usual to meet the needs of the Cambodian people.
Experts say most housing estates focus on local customers who plan to buy a family home.
Grace Rachny Fong, CEO of Century 21 Cambodia Real Estate, said that the demand for housing estates was still good because most of the project owners were attracting local customers. Already given the keys to some customers.
“In Cambodia, there is no sign that the supply of housing is exceeding market demand,” she said. In addition, each project owner finds a strategy to provide sales conditions to customers more easily than before.
He confirmed that most customers who buy housing estates buy for family living, not for further investment.
President of the Association of Appraisers and Real Estate Agents of Cambodia, Mr. Chrek Soknim, recently said that the demand for housing continues to be from the people of Cambodia, and the price does not fall to meet this demand, developers continue to develop housing projects. Intermediate and advanced prices.
“Obviously, along the main national roads from Phnom Penh to the provinces, there are a lot of development projects, both medium and high-end housing, there is a lot of growth and continues to grow,” he said.
According to a report released by the Ministry of Economy and Finance last month, the new projects cover six districts: Sen Sok, Kampol, Prek Pnov, Dangkor, Chroy Changvar and Meanchey. Among them, Sen Sok district accounts for 60% of the total new housing projects opened.