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Angkor Times Latest Questions

MayApp Asia
MayApp AsiaExperienced
Asked: April 6, 2021In: Make Money

How to Invest in Land to avoid stagnation even if the country falls into economic crisis?

Normally, when the world is in crisis, the world economy is always stuck, especially in the land sector, but smart investors are not stuck on their investment project. How to invest in land that does not freeze your property, we look ...Read more

Normally, when the world is in crisis, the world economy is always stuck, especially in the land sector, but smart investors are not stuck on their investment project.

How to invest in land that does not freeze your property, we look at these important points and locations:

1. Invest in land near the city

Land investment near the city has been highly successful compared to other provinces due to a number of factors, such as easy access to the area. Highly populated areas with vibrant economic activity, areas with better infrastructure, especially in areas close to the eyes of the government.

2. Invest in land within the infrastructure projects

In Cambodia, infrastructure is like a magnet that attracts special investment, pushing up land prices, for example, highway projects. Fast Phnom Penh, Sihanoukville, National Road 3, Street 41 and Street 51.

Related: Buying land with these 5 locations will be difficult to make a profit

In general, the Cambodian government, especially the head of government, has given priority to some important core tasks, such as water, electricity, roads and people, because these four sectors are the main driving forces in Stimulating national economic growth.

3. Approval factor

Usually in any area, as long as there are a lot of people living, there is good infrastructure, especially not far from home and it is easy to anticipate economic trends and government development activities, people are always interested in the area.

It is this psychological factor that makes land prices in the suburbs less likely to fall in price and active buying and selling activities, despite the country’s problems. Economic crisis on its own or as a result of the global economic crisis.

4. Smart investment

The global economy usually crises almost every 10 years, which is why investors need to know when to release their real estate to avoid Stagnation or depreciation and problems with cash flow or affecting its cash flow.

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Angkor Times
Angkor TimesExperienced
Asked: January 7, 2021In: Make Money

Why the western part of the Phnom Penh is becoming the next target for mid-range housing development?

After north and south of Phnom Penh, which has been heavily influenced by residential investment and development projects, some developers are now starting to look back at the western part of the city, along with targeting their markets. Well. The western ...Read more

After north and south of Phnom Penh, which has been heavily influenced by residential investment and development projects, some developers are now starting to look back at the western part of the city, along with targeting their markets. Well.

The western part of Phnom Penh includes Phnom Basit area in Prek Pnov district, some areas in Udong district, Kampong Speu province and some areas in Ponhea Leu district, Kandal province.

Mr. Man Chandy, General Director of Premium Group, said this morning, January 7, 2021, that for the development and construction of medium-sized housing in the north and south of Phnom Penh will continue. In the long run, until about 3-5 years later.

Why the western part of the Phnom Penh is becoming the next target for mid-range housing development

Why the western part of the Phnom Penh is becoming the next target for mid-range housing development

He added that the above construction activities are the developers have bought land to develop their projects a few years ago, while land prices are still low and now continue to build old projects that have not been. “Only finished.” “From now on, if developers are asked to buy more land in the north or south for the construction of mid-range housing, the market supply may no longer exist because the price of land in this area has already gone up,” he said. “It does not favor investment and development opportunities.”

Mr. Man Chandy said that developers are now looking to the west of Phnom Penh because there is still a lot of vacant land, cheap and there are many government-initiated infrastructure development projects. .

“Land prices in the western part of Phnom Penh are low, which favors investment and development,” he said. “Whether on the side of National Road 5 in Ponhea Leu district, Kandal province, in some areas in Udong district, Kampong Speu province, near National Road 51, or in the central area near Phnom Basit and near Boeung Ta Mok in Prek Pnov district, there are many development projects.” “These areas are suitable for the development of the medium and sub-medium-scale housing sector, as the average land price in areas that should be invested and developed is in the range of $ 30-40 per square meter, which is a favorable price,” he said. For the benefit of developers.

The president of the Cambodian Association of Appraisers and Realtors, Chrek Soknim, said that usually when the metropolitan area is filled with development projects, including large and small buildings, it will be pushed out to the area. Next to each other. In particular, for housing development, as more and more areas are filled, prices will automatically rise, so investors as well as developers must turn to areas that have the potential to inspire. The market has been and is easy to get a return on investment.

“In the western part of the city, there are a lot of residential development projects that will appear there, including condominiums and townhouses, but for the most part, only affordable housing,” he said. .

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aalan
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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