Property News · June 5, 2019

Cambodian property proves popular with Chinese buyers as mainland investment drives economic growth


Cambodia’s housing market is on a roll.A thriving job market as a result of the booming economy has boosted demand for housing. This has pushed rental yields to 8 to 10 per cent, and asset appreciation to 15 per cent per year, making the Southeast Asian nation’s property sector an ideal bet for Chinese investors seeking overseas assets as a hedge against yuan devaluation, say market observers.The country’s gross domestic product grew 7.5 per cent and exports surged 17.6 per cent last year,…

Source : South China Morning Post
Read more…Cambodian property proves popular with Chinese buyers as mainland investment drives economic growth

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