5월 7, 2018
It is early days, but with growing disposable income and increased leisure time, Cambodians are learning to relax more. Are they ready for a vacation home?
With Cambodia boasting 28 official public holidays this year – the most of any country in the world – it is hardly surprising that property developers are eyeing a lucrative new market: the vacation home.
Local and foreign investors are already well represented in the condominium and “borey” gated community markets, but the possibilities for further profit have developers looking for opportunities in the countryside.
Some are already well underway.
Hin Socheat, business development manager of A2A Town Cambodian, said his company broke ground on a project boasting some 130 holiday villas in 2015, near Kirirom National Park in the southwest.
Priced at between $44,000 to $135,000 per villa, some 30 percent of the so-called V Kirirom first stage homes have already been sold, mostly to foreigners.http://www.phnompenhpost.com/supplements-post-property/developers-are-eyeing-potential-holiday-home-market