Tycoon Dr. Kim Heang reveals about age and time to invest in real estate

Tycoon Kim Heang, Cambodian Tycoon
Tycoon Kim Heang, Cambodian Tycoon

Investing or buying real estate is not just a matter of buying, but we should buy according to your time and age as well, if your savings are possible.

As one of the most successful people in the land market, Dr. Kim Heang, President of KW Cambodia, recently said that if you are in your 50s and nearing retirement age, you should not invest in the land sector. Should buy a condo, buy land, build a house for rent or buy an apartment for rent, which can get money back immediately.

On the other hand, if you are between 30 and 40 years old, you should invest in real estate, because buying land is highly profitable and you are making a lot of money.

At the same time, he raised the resources of each person as a question, he said, how much money do you have, what is your life situation? Because the decision in this condition is important before investing in this field.

Dr. Kim Heang said that investing in any field should also have certain conditions related to the amount of investment, working conditions, living conditions, etc. He said that if you are newly married and have $ 100,000 left, you should buy a house to stay. If you have a house and the rest of the money should buy land, and if you already have a house and land, you should buy a condo, because condominiums are a new sector that is popular and shows civility.

Read more: Why invest in Cambodia now?

Cambodia Time


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