In recent years, there are a lot of talks with the Cambodia real estate market. We want to give an introductory video to allow overseas investors to know about it and discover where the opportunities are.
In today’s episode, James Hodge introduces the Cambodian real estate industry, which is possibly one of the overlooked despite a plethora of opportunities in Southeast Asia.
James Hodge is the Senior Director at CBRE Cambodia, an affiliate of CBRE Group, the world’s largest real estate services provider. He has lived and worked in Cambodia for 4 years and is focused on providing clients with high-quality professional services, property management solutions and commercial brokerage from our HQ office in Phnom Penh. Part of his job is to provide advice to overseas investors, particularly those who are looking for income-producing assets.
It was a pleasure to have him elaborate on this topic.
What do you think of Cambodia Real Estate? Share with us in the comments.
Show Notes: [ Ссылка ]
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Connect with James Hodge:
Website: www.cbre.com.kh
LinkedIn: [ Ссылка ]
WeChat: jameswhodge89
Email: james.hodge@cbre.com
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Sources:
CBRE Group: [ Ссылка ]
CBRE Cambodia: [ Ссылка ]
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Terminology:
Condominium: A condominium, also known as a condo, is often a residential space that can be a building or a townhouse. It is basically community-living in which the residents don’t have to do the maintenance by themselves but instead they need to pay the assessment for the shared services and facilities within the residence.
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Strata Title: Strata title originated in Australia and has a similar concept to that of a condo. It allows individuals access to common units or buildings separately.
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Dollarization: Dollarization occurs when the US dollar is as dominating as the local currency in a country or region; meaning the usage of the US dollar is normalized as a payment medium.
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Siem Reap: Krong Siem Reap is one of Cambodia’s most popular spots. The province is situated in the Northwest of the country and is considered as the second major hub of Cambodia.
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Sihanoukville: Sihanoukville is a coastal province in the Southwest of Cambodia. It mostly raised to fame because of its sudden and rapid economic growth, especially due to the increasing attention of the Chinese investors towards the area’s potential.
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Shout out to our video creator:
Patina Design Lab is a strategic design consultancy firm that helps businesses with a wide range of design services.
You can check out their work at www.patinadesignlab.com
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