Cambodia, considered a frontier market, has been experiencing strong economic expansion over the past few decades. Its open-door policy on foreign investment, coupled with attractive returns, has managed to turn the country into one of the most highly sought-after destinations for property investments in the region, according to real estate agents and a property investor.
Cambodia’s real estate sector has seen tremendous growth in the last several years. Due to a healthy inflow of internal and external investments, there has been a flurry of non-stop construction work in cities such as Phnom Penh and Siem Reap, says Malay Nop, branch manager at real estate firm IPS Cambodia.
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