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Angkor TimesExperienced
Asked: January 4, 2021In: Make Money

Why Koh Kong is a good place to invest in real estate?

Koh Kong is a coastal province with potential in many areas that some investors can look at some points to consider before investing in three reasons. High tourism potential Compared to the four coastal provinces of Sihanoukville, Kampot, Kep, Koh Kong has ...Read more

Koh Kong is a coastal province with potential in many areas that some investors can look at some points to consider before investing in three reasons.

High tourism potential

Compared to the four coastal provinces of Sihanoukville, Kampot, Kep, Koh Kong has the longest coastline at 440 km and the largest island with a total area of ​​103 km2, with 10 waterfalls. Suitable to invest as a tourist destination and attract national and international visitors to visit.

Adequate infrastructure

After the construction of National Road No. 48, the sea province with the land border with Thailand will be more developed and become a paradise for nature lovers. In addition, Koh Kong also has a 1,900-meter Koh Kong Bridge, which was commissioned in 2002 to connect the Cham Yeam checkpoint on the Cambodian-Thai border, the longest sea bridge in Cambodia.

Have big investment projects

Recently, the company of Oknha,Kith Meng has been investing in another special economic zone located in a joint location in Botum Sakor Park, Koh Kong Province. Relevant provincial officials held a meeting to discuss in detail the location proposed by Royal Group Co., Ltd in Botum Sakor National Park, Tanon Commune and Thmor Sor Commune, Botum Sakor District, Koh Kong Province.

Meanwhile, Mr. Chrek Soknim, President of the Association of Appraisers and Real Estate Agents of Cambodia, once said that Koh Kong still has high potential for the economy and going forward because the province will have an airport, International flights and large projects are taking place there. Whenever the inflow of foreign investment into Koh Kong will increase the flow of land purchase and land prices are as expensive as in Sihanoukville.

reasons why Koh Kong is a good place to invest in real estate

Reasons why Koh Kong is a good place to invest in real estate

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Angkor Times
Angkor TimesExperienced
Asked: January 4, 2021In: Make Money

Is it smart to buy a condo during a recession?

It’s been more than a 10 years since the Great Recession of 2008, and the condo market has rebounded nicely. We’ve seen at least one cycle including a seller’s market, when condos sell fast for higher prices – making it ...Read more

It’s been more than a 10 years since the Great Recession of 2008, and the condo market has rebounded nicely. We’ve seen at least one cycle including a seller’s market, when condos sell fast for higher prices – making it a difficult time to be a buyer.

Is it smart to buy a condo during a recession

Is it smart to buy a condo during a recession

If you’ve wanted to buy a condo forever but prices are simply out of your reach, you might have considered waiting until the next recession to start your condominium hunt. Is that actually a good idea?

To understand whether it is great to purchase a condo during a recession, and if we’ll see another recession like the one that hit us hard in 2008, we spoke to a few top experts in real estate.

Experts declare that buying a condominium for living and lease during this period is the greatest period to invest, because today there are many unique conditions that investors may gain profit.

Buying a condominium during this period, traders will reap many benefits, such as:

1. Get a task with quality and certainty, which means that a task is great to invest. Ongoing tasks are great because they perform not get trapped during the crisis.
2. Get special discount rates with 20 to 30 percent discount.
3. Get more choices for ongoing tasks, meaning clients can select multiple tasks.
4. They can negotiate with the task owner with more particular payment conditions, as each condominium owner or developer often offers more versatile payment terms.

 

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