Cambodia is one of the fastest growing countries in Asia and has attracted many foreign investors during the past years. Even if the market has been a bit shaky, overseas buyers, and especially Chinese, continue to flood the property market in vast numbers.
Here, you’re not only able to buy residential property, but also commercial property that can bring in great returns long-term.
Today, I’ve invited CS Tee from Huttons Asia in Singapore to explain more about how it works when buying luxury real estate in Cambodia. He has personally bought commercial property in The Peak and will explain about the property market, the buying process, property taxes, what the benefits and drawbacks are, and more.
Let’s see what he has to say.
Thanks for being here Tee. You’re from Singapore and promote Cambodia real estate to international buyers. Can you explain what makes Cambodia so interesting and why foreigners should consider investing in real estate here?
Cambodia is still a relatively new market and therefore has the potential for an attractive return on investment compared to its neighbouring countries, like Thailand and Vietnam.