The real estate market in Cambodia faces cautious optimism from first-time buyers, while investment groups eye opportunities in certain property sectors. Global uncertainties persist, with ongoing Chinese economic challenges impacting the region. Despite concerns, Realestate.com.kh's CEO, Tom O’Sullivan, predicts a marginal improvement in 2024, anticipating fewer launches and increased demand for existing stock. Positive news includes ASEAN+3 region's projected economic growth, Cambodia's growth forecast at 6.4%, and the launch of new hospitality projects by Banyan Tree Holdings and Novotel. Over ten condominium projects in Phnom Penh are set for completion in 2024, featuring prominent developments like Le Conde BKK1,
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