Phnom Penh Real Estate is booming

Leedon Heights in Sen Sok, Phnom Penh. photo: CBRE

Phnom Penh property could be one of the best investments in Asia despite the pandemic and global downtown, according to Reid Kirchenbauer, founder of InvestAsian.

Hailing Cambodia as “the best frontier market” to invest in, Mr. Kirchenbauer is most bullish about Cambodia’s track record of avoiding headwinds from global recessions. This immunity is a byproduct of Cambodia’s emerging status – Cambodia has not yet come to rely on global trade.

Other tailwinds include continued urbanization, the growth of a middle class and it’s continued attractiveness as an investment destination for South Koreans, Japanese and Chinese.

Related Posts