New Project @ Cambodia

Fun Fact About Cambodia:

Did you know that Cambodia is home to the largest religious monument in the world? Angkor Wat, a UNESCO World Heritage site, spans over 162.6 hectares and was originally constructed as a Hindu temple dedicated to the god Vishnu. It later transformed into a Buddhist temple, reflecting the rich cultural heritage and spiritual significance of Cambodia.

Cambodia’s economy is also driven by agriculture, manufacturing, and increasingly, tourism-related services. The people of Cambodia are predominantly Khmer, and the official language is Khmer. Despite its tumultuous history, Cambodia is a country with a resilient spirit, offering visitors and investors alike a glimpse into its fascinating past and promising future.

Here are 3 reasons to invest in Cambodia Real Estate in 2024:

Reason No. 1: US Dollar Economy

Despite having their own currency, Khmer Riel (US$1: 4000 KHR), US dollars are widely used in almost all the daily transactions including business, investment and property purchase. Being the world’s most resilient currency, investor undertakes lesser risk to currency fluctuation when buying a property in Cambodia.

Reason No. 2: Freehold Ownership

Unlike other emerging countries (such as Vietnam) where foreigners can only own a 50 years leasehold, foreign investors can 100% own a freehold strata-title property in Cambodia.

Reason No.3: Last Frontier Market

Cambodia is probably one of the last and most vibrant frontier market in the world today. Property prices in Cambodia are generally still very attractive when comparing to other countries in Asia. The change in foreign ownership policy has welcomed property investors around the world to invest in Cambodia