The real estate market in Cambodia is crowded, reports the portal Global Property Guide.
Experts predict a decline in housing prices on the background of excess supply.
According to a study by CBRE Cambodia, the number of condominiums in the country in 2017 increased by 108%. At the end of 2018, a high result was also recorded - about 13,000 residential properties were commissioned.
For the third quarter of 2018, the cost of luxury housing increased by 1.8% to $ 3226 per square meter, and for the previous quarter - by 0.5%.
The average cost per square meter in the capital of Cambodia, Phnom Penh is now $ 2,913.
HomesOverseas.ru
