The continuing rise of condominium constructions
Sok Chan
Changing lifestyles and convenience are the driving forces, say experts
Changing lifestyles and convenience are the driving forces, say experts
Data shows that in most of Phnom Penh’s districts, condominiums are offered at a cheaper price per square metre with higher rental returns than landed properties.
Phnom Penh is experiencing an oversupply of high-rise units that could inevitably transform the young industry, mainly focussed on foreign buyers and luxury condominiums, into one that is local market-centric.