PHNOM PENH (Xinhua): Oversupply and a lack of foreign buyers are pushing down condominium prices across the range from high-end to affordable in Phnom Penh, capital of Cambodia, local media reported Wednesday (Oct 13).
Data released by real estate company CBRE-Cambodia showed that sales prices had fallen by between 1.8 per cent and 3 per cent across all grades in the third quarter of the year, compared with the previous quarter, the Khmer Times reported.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
