Buying off-plan developments properties that are sold before they are completed—offers several potential benefits for investors and buyers.
Properties are often priced lower compared to completed properties and buyers can lock in a price before the market value increases, potentially offering significant capital gains by the time the property is completed.
Capital appreciation can be advantageous as the project progresses, where property values in the area may increase, leading to higher market values by the time the property is ready.
New construction developments typically meet the latest building codes and energy efficiency standards, which can lead to lower maintenance costs and improved comfort.
Longer-term payment plans may be offered in installments throughout the construction process, which can ease the financial burden. The final payment is usually due upon completion, allowing time to save for the last portion of the cost.
If buying as an investor, especially with off-plan properties in growing areas can provide a strong rental yield once completed.
Warranty and Guarantees often come with new builds, which provide buyers with peace of mind regarding any defects or issues that may arise in the early years of ownership.
Some regions offer tax incentives, rebates, or other financial benefits for new developments, especially those under certain conditions (e.g., energy-efficient homes).
Why Buy or Invest in New Real Estate Developments in Cambodia.
Cambodia has seen consistent economic growth in recent years, with the real estate sector being one of the key drivers. As the economy develops, demand for residential, commercial, and industrial properties increases, making it a lucrative market for both local and foreign investors.
Cambodia’s growing middle class is a significant driver of demand for housing and modern living spaces. As incomes rise, there is increasing demand for high-quality residential and commercial properties, which presents an opportunity for real estate developers and investors.
Cambodia has become an increasingly popular tourist destination, with landmarks like Angkor Wat attracting millions of visitors each year. The tourism sector fuels demand for hotels, resorts, and other mixed-use commercial properties, making it an appealing market for investors in hospitality real estate.
The Cambodian government has been investing in infrastructure projects, including new roads, airports, and public transportation networks, which improve connectivity and make areas previously underserved more attractive for real estate development. This boosts the potential for appreciation in real estate prices.
Cambodia’s real estate market is seeing an increasing number of new residential developments, catering to various price points, from luxury apartments to more affordable housing for locals. This diversity in offerings allows investors to find projects that match their investment goals.
Compared to other neighboring countries in Southeast Asia, real estate in Cambodia can be more affordable, especially in emerging cities. For example, Phnom Penh is still considered to have affordable property prices relative to other major cities like Bangkok or Ho Chi Minh City, but this is changing as demand grows.
