Newton Orchard Scott...
When it comes to high-rise condominiums and low-rise residential terrace houses, Cambodia is no longer in its infancy.
There is an indication of 12.9 million sqft of development set to enter the market by 2018 as the pace of construction is “booming”.
Projects are estimated to be able to fetch a net yield of about 5- 6 % rental yield. Some notable projects like “The Peak” and “The Bridge” by Singapore Mainboard listed developer Oxley and also “The Gateway” by Singapore Tiong Aik Developer, have gained strong presence and support from local and foreign buyers for their modern and trendy design, as well as located at prime area.
Ease for investing in Cambodia properties come typically easy since 2010 condominium law, for instance, allows foreigners to own condominium apartments through freehold strata title tenure, although it is restricted to 70% of the total units within an individual building from the first floor up.
Read Full article at http://www.propertyfactsheet.com/faqs-on-investing-in-cambodia/
Learn more of The Peak @ http://www.propertyfactsheet.com/properties/the-peak-cambodia/
Learn more of The Bridge @ http://www.propertyfactsheet.com/properties/the-bridge-cambodia/
Learn more of The Gateway @ http://www.propertyfactsheet.com/properties/the-gateway-cambodia/
28/12/2015 1:04 am