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.
