I’ve seen some incredibly high-priced properties in Cambodia, especially in Phnom Penh and coastal areas. What’s driving these prices up? Is luxury real estate actually a good investment there?
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The rise of Expensive Real Estate in Cambodia is due to rapid economic growth, foreign investment, and increasing demand for high-end properties. Phnom Penh, in particular, has seen a surge in luxury condos and penthouses, attracting wealthy investors from China, Korea, and Europe. The coastal areas, especially Sihanoukville, have also become hotspots for high-end resorts and beachfront properties. While prices are rising, luxury properties in Cambodia still remain cheaper than in many other Asian capitals. If you're looking for long-term appreciation, high-end real estate in Cambodia can be a lucrative option, but it’s crucial to research the market carefully before investing.