How to Buy Land in Sihanoukville: A Complete Guide

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Sihanoukville has grown rapidly the past years and now attracts a big amount of investors and tourists.

Previously a sleepy tourist destination that was infamously known for attracting Western foreigners who were partying a bit too hard, it’s now attracting casino visitors, people enjoying its beach resorts, investors, and more.

Not to neglect, except for tourism, it’s also engaged in a number of other industries like textile, manufacturing, and agriculture.

In this article, I explain the opportunities to buy land in Sihanoukville.

Sihanoukville property market

Much investment pours in to build condos, casinos, and other property that will help to cater to more visitors, mainly from China but also locals.

Yes, the Chinese are taking over the property market in Sihanoukville.

Just listen to this:

Previously, Western companies made up 75% of all investments in Sihanoukville. Nowadays, an almost equally big share of investment is covered by the Chinese – alone.

Locals are even afraid that the Chinese will take over the real estate market completely, making Sihanoukville into a “Chinatown”.

Is Sihanoukville’s property market in a bubble?

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Buying a Condo in Phnom Penh: A Beginners Guide

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Cambodia is growing fast economically and has attracted many foreign corporations in the past years.

With an influx of many Chinese buyers and expats (that needs housing), prices have increased much.

Cambodia provides great yields and experienced early investors have managed to earn decent money through property investments.

In this article, I explain the basics when buying a condo in Phnom Penh.

Phnom Penh’s property market

Property prices have increased fast in Phnom Penh in the past years. So fast, so that the local economy has difficulties to catch up.

I would be lying if not saying that Phnom Penh is facing a new property bubble, within a short time. Or maybe not, if the Chinese continue to pour in, driving up the prices…

It’s a similar scenario as we see with Bitcoin, very volatile, but continuously climbing higher.

Continue reading Buying a Condo in Phnom Penh: A Beginners Guide