Property rental in Sihanoukville, which has been skyrocketing due to the influx of Chinese investors, may fall in the next few years when major construction projects are completed, say real estate insiders.
Most houses, guesthouses, restaurants and hotels in the city’s main locations have been leased to the Chinese.
Two or three years ago, the rental was between $500 and $1,000 per month. Now, owners get $5,000 to $7000 per month, if they rent to Chinese nationals.
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