What is the rental return rate of the prime location in Cambodia?
With a low base period of property price, high economic growth, high rental return, investing in Cambodian property becomes a world trend in recent year. Cambodian property is a hotly contested spot of foreign investment. We all know that investing in Cambodian property has a leading investment return rate in Southeast Asia ,according to the “ 2018 World Wide Return Rate of Rental”, Cambodia hit 8-12% of return rate of rental.
In the whole property market in Cambodia, especially Phnom Penh, situated in the heart area in Southeast Asia. The net growth of the population is 250,000 from 2011 to 2016. The average growth is 2.97%, ranking 3rd in the world in terms of population growth. It is forecasted that the population of Cambodia will be increased from 15 million to 19 million in 2030, 3 million in Phnom Penh. At that time, there will be a housing needs up to 800 thousand apartments. It is worth to mentioned that the rental ratio in Phnom Penh is at 80%-95%. The vacancy rate is low. We can see that the rental needs in Phnom Penh is strong. The future rental growth has become a trend. Under the current speedy development stage, the progress of urbanization is going fast. Benefited from the foreign business investment, the prosperity of the tourist industry, the growth of the property price and high rental return rate, Phnom Penh has become the oversea property investment city with the highest return.