By Ky Soklim
Cambodge Soir Hebdo
Translated from French by Luc Sâr
With three months to go before the election, real estate prices seem to remain stagnant. A few months ago, the price of lands and houses was skyrocketing.
However, now, investors are waiting to see the outcome of the upcoming 27 July general election. Sung Bunna, director of Bunna Realty Group in Phnom Penh confirmed this trend. “Buyers hesitate to invest right now,” he reminded.
Real estate agents announced that after the election, if the political situation is stable, real estate prices will shoot up again and they will even higher that the current price.
However, now, investors are waiting to see the outcome of the upcoming 27 July general election. Sung Bunna, director of Bunna Realty Group in Phnom Penh confirmed this trend. “Buyers hesitate to invest right now,” he reminded.
Real estate agents announced that after the election, if the political situation is stable, real estate prices will shoot up again and they will even higher that the current price.
5 comments:
Vote CPP = Profit for all.
Vote SRP = Back to "Year Zero."
Trash the "Yuon Katop" CPP!
Viet Go Home!
Remember, What goes up will eventually comes down.
After reading the article "Country for sell" in The Guardian, British newspaper website:
http://www.guardian.co.uk/world/2008/apr/26/cambodia
I found it interesting to share.
It gave a good account on how our government officials and businessmen/women trading real estate in this post-tragedy country.
Don't be so fool! how can the price of land is so hight if people are do poor?
Can the investment can ged back from 56$ per mont workers? The rich already have many land and houses! who can buy those hight price property from them?
Drug money go around for laundering! Whatch out fool!!!
Only stupid evil mind like Shihanouk is praying Hun Xen!
Post a Comment