Condo sales up but glut looms in Phnom Penh | Bangkok Post: news

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Condo sales up but glut looms in Phnom Penh

9 Jul 2016 at 14:28

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Two high-rise buildings are seen behind the central market in Phnom Penh. More condominium units were sold in the Cambodian capital in the first half of this year partly because young executives are starting to change their lifestyle. (Photo by Wanant Kerdchuen)

Some 13,730 condominium units were sold in Phnom Penh in the first half of this year compared to 13,050 units in the same period last year representing an approximate 5% increase in sales, according to figures from a real estate company.

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