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Why do so many people buy houses and invest in poor and backward Cambodia?
1. In recent years, Cambodia is in a golden period of development. From 2009 to now, it can basically maintain the development of 7%GDP every year. Clothing industry is the most important pillar industry that has developed rapidly in Cambodia in recent years, including a large number of garment factories, shoe factories and luggage factories in southern China. Because of the tariff-free agreement with the EU, many of them moved to Southeast Asia, and a large number of them settled in Cambodia. All these have greatly promoted the rapid and steady growth of Cambodia's GDP.
2. At present, the housing price in Cambodia is not high, but there is huge room for appreciation and the rental return rate is also considerable! Take the capital Phnom Penh as an example. The housing price in Phnom Penh is currently between RMB 20,000 and RMB 30,000, but the rental return rate is as high as 8%- 12%.
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