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Cambodia Investment Tour Invited By Celest
Investment Tour to Cambodia
About this Event
HIGHLIGHTS
WEBSITE:
Go for a Great Investment SHOPPING Tour to Shangri La Condo, Residences. Hotel in Cambodia. with ROI UP TO 9% guarantee return. 4 Different Property Projects for you to choose and look at ... with high property ROI, and invest by fellow singaporeans.
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Cambodia with 9 % per annum return ,
VVIP project site view near Naga City , the Peak Shangri-La @ Phnom Penh , -
Why Property Investment Cambodia.
Cambodia is increasingly becoming a magnet for FDI due to the abundance of low-cost labour, rapid urbanisation, an increasing middle-class consumer market, low barriers to entry for foreign businesses, wide-spread proficiency in the English language, attractive tax incentives and import/export duty exemptions, constantly improving logistics networks, and an economy backed by the US dollar.
With the solidification of Asean into the Asean Community (AC) at the end of last year, Cambodia, surrounded by strong regional economies who are increasingly outsourcing low- and mid-level skilled manufacturing operations to the kingdom, is well located.
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These new industrial opportunities are reducing the Cambodian economy’s reliance on the garment industry, and offering low-wage workers more opportunities for career and skills growth.
Cambodians are also entering the global community en masse through technology, as a result of the rapid increase in high-quality internet penetration throughout the population. In 2015 Cambodia had more than five million internet users: one third of the population.
Since 2010, foreigners have also been allowed to own apartments and condominium units in Cambodia, but not land, or, accordingly, the first floor of buildings.
While foreign ownership of land is still unconstitutional, land can be easily held by foreigners on long leases that are renewable, through majority locally owned companies incorporated in Cambodia. These structures are arguably safer than comparative legal schemes in other Southeast Asian states in which foreign land ownership is formally prohibited.
Phnom Penh Condominium Market
The Phnom Penh condominium market also continues to expand, with early investors in centrally located developments enjoying appreciation of up to 30 per cent from off-plan purchases.
High-end condominium development looks set to continue in prime residential locations, with developers also looking to offer luxury projects outside traditional residential districts.
While the condo market was originally dominated by foreign investors, Khmer buyers are beginning to demand condos, predominantly for investment purposes and rental returns.
This has led to a trend of local developers offering lower-range condo development projects to the market. Such developments range between $30,000 and $60,000 per unit off-plan, and are being bought primarily by local buyers.
Domestic demand is a key element of a successful condominium project for any Cambodian property market developer due to foreign ownership of an individual building (strata law) being restricted to 70 per cent.
Another trend we expect to see more of in 2016 is mixed-development complexes, including condo, office space and retail. Developers are aware of a potential oversupply in the pure-condo market in 2018/19 and are thus hedging their bets.
Investment from Singaporean, Japanese, Korean, Hong Kong and Chinese residents continues to grow, with the comparatively high yield guaranteed by many developers still attracting overseas purchasers who see positive chances for appreciation in the Cambodian property market compared to their slowing markets at home.
Thus far developers in the Cambodian property market have focused on the high end and, to some extent, the upper-middle class, because these two represent the lowest-hanging fruit.
However, a large demand also exists for quality, affordable housing in Cambodia suited to the needs of the lower-middle class and lowest-income earners, especially in expanding urban centres.
With no proposed government intervention in the market, this appears to offer a great opportunity to developers able to cater to this large demographic of the Cambodian property market.
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Located at the confluence of the Mekong, Tonle Bassac and Tonle Sap rivers, Phnom Penh’s high economic growth rates in recent years have triggered a real-estate boom. Construction is taking place across the city almost everywhere you look.
Here, a plethora of new hotels, restaurants, bars and high-rise residential and commercial buildings are springing up in an attempt to meet demand, while industrial zones at the edge of the city continue to expand.
Date : 28 Augusts 2019
Time : 2pm-5pm
FREE hotel stay and meals 4D/3N Phnom Penh, Cambodia Investment Property Tour
Day 1:
Arrival at airport in Phnom Penh
Visit Swan Island
Check in @ Bridge Club
Dinner :-by La Vista one
Back to the bridge club
Visit Naga city world ( by own )
Day 2:
Site visit for Swan island , site like the City Garden Hotel , around the island
Lunch
The Peak @ Shangri-La ( Sales Gallery & Site Visit )
Dinner & back to The bridge club
Day 3:
Site visit for Diamond Island
Lunch
Skyland Park
& Vihear Sour Tour
Dinner
Day 4:
Phnom Penh City Tour
Lunch
6pm Go to Airport to return to SG
Local Transport & Hotel rooms
( 2 to 1 room ) shall be provided
Air tickets are self paid
