Is buying a house in Cambodia a scam? What is the trap of real estate investment in Cambodia?

In the past few years, Cambodia's real estate industry has been growing substantially. In Phnom Penh, Siem Reap, Sihanoukville, Pobe, Bavi, Baima and other areas, a series of uninterrupted construction work is under way, because large-scale investment has promoted the vigorous development of Cambodia's construction industry. In fact, buying a house in Cambodia is not a scam, and Cambodian real estate is not an investment trap.

1. In Phnom Penh, the capital of Cambodia, there are a long list of residential, commercial and comprehensive use development projects, which have been recently completed, are in progress, and are being prepared or planned. As a result, the supply of apartments and other residential units is increasing. In the next five years, the demand and supply supported by local and China may be the biggest influencing factor of Cambodian real estate industry. The prospect of foreign investment in Cambodia's real estate industry is also very promising.

2. Before 20 10 in Cambodia, foreigners were not allowed to hold their own property rights, let alone land property rights. However, in 20 10, which should be May, the law on foreign ownership was passed. That is to say, as long as there is no land, such as apartments and buildings, as long as the first floor (that is, the ground floor) is not bought, foreigners can buy whatever they want from the second floor as long as they have passports. To sum up, buying a house in Cambodia is not a scam, and investing in real estate in Cambodia is not an investment trap. As soon as this bill was introduced, Cambodia's real estate became more and more popular.