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Cambodia: Property market should revive in 2-3 years: official

Posted on 30 October 2008

From Phnompenhpost.com: Ministry of Economy and Finance official Hang Chuon Naron says that Cambodia’s weakened real estate market is likely to be back on track within two or three years.

“I hope the real estate market in Cambodia will return to normal within the next three years,” Hang Chuon Naron told Prime Location on the sidelines of a recent conference on initial public offerings in Phnom Penh. He also said that the global financial crisis and the recent slowdown in construction in Cambodia were the causes of the sluggish market. …. Full Article: Source


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