Corrections to Cambodia’s real estate sector continued in the first eight months of this year with the value of approved property developments falling 29.1% from a year earlier to US$3.3 billion.
But “the approved industrial building area is trending upward and now accounts for the largest share”, the World Bank says in its annual Cambodia Economic Update released this month.
And “despite the overall downbeat investment, there has been a notable interest in investing in Sihanoukville”, it says.
In full: https://www.theasset.com/article/53071/cambodia-sees-silver-linings-in-property-downturn
