Cambodian property hotter than ASEAN average ahead of AEC
With the ASEAN Economic Community (AEC) set to commence at the end of this year, promising deeper cross-market potential for property investment, the region as a whole is experiencing a cooling effect—with the exception of Cambodia, which shows strong growth numbers according to property consultancy Knight Frank’s latest Asia Development Index.
The report states that during the first half of this year, the price for residential sites quantified across ASEAN slowed from 3 per cent growth to 1.1 per cent growth compared to the previous six months.