Among the most interesting and long awaited mixed use developments in Cambodia is The Bridge condominiums. Condo properties in Phnom Penh make remarkable living and investment possibilities. The topping off of the 2 45-story skyscrapers is expected to be in 2018. The Bridge condos are going fast! You can find 5 compelling factors why investors must select The Bridge in Phnom Penh:
1. The political state is rapidly improving. Cambodia is heading closer to Chinese-style economic reforms; capitalism is now a way of doing business. As Cambodia comes forth from the ashes of a greater than 20-year civil war, the oppressive Khmer Rouge dictatorship is a thing of the past. A democracy is taking form. Freedoms of concept are now being enforced. So an improving political environment is a superb reason to buy a condo in Phnom Penh.
2. There’s a plethora of investment programs. In particular, its rental yield is 15-25%, making investing in a condo in Phnom Penh the best choice. The real estate state in Cambodia is demonstrating indication of improvement; the affordability is best in all of Asia; much better than Singapore, Hong Kong, or Japan. Joining equally ASEAN and WTO organizations offers great business positive aspects.
3. The improvement of Phnom Penh from the ugly duckling of Asia to the Pearl of Asia as just stated. You will find new shopping choice such as the Surya and Sovanna shopping centers. Modern skyscrapers for instance the The Bridge in Phnom Penh and many others, in addition to its many parks, are transforming the cityscape; bringing modernism while keeping its many historic structures.
4. Location, location, location. The Bridge in Phnom Penh is centrally located; the growing Central Business District is in close proximity; its rail system takes residents nationwide. Additionally Diamond Island is actually walking range. Phnom Penh International Airport is only Ten minutes away. Its several Buddhist and French pagodas add class.
5. Changing demographics. Cambodia is now among the most youthful countries on the planet; 6 of its 9 million residents are under 40. Increasing families signifies there’s constant interest in housing, make condominium in Phnom Penh a feasible choice. As price is rising between 10-20% each year, there’s a high surge in both local and foreign investment.
A new Cambodia bodes well for the future of its locals; giving both equally Cambodians and foreigners a solution to a changing country. The Bridge at Phnom Penh is a positive leap forward in a new horizon!
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