Mondulkiri Great Potential Investment Target Though High-Risk, says Analyst

• 12 January 2021
• Local News
• 1640 Views

A local real estate analyst has explained how Mondulkiri is a great potential investment target for future high returns, yet investors must be very cautious as the location comes with both opportunities and risks.

Mr Sorn Seap, Founder and Director of Key Real Estate Co., Ltd., told Construction & Property Magazine that Mondulkiri is an ideal place to invest in resorts or eco-tourism projects due to the favourable weather and the scenery.

“There is still more market for resort development as the demand keeps increasing. However, at the moment, the real estate market there is quite risky as there are many uncertainties regarding the land ownership – the protected land issue, for example,” said Mr Seap.

Due to this uncertainty, land prices in this province are relatively low, which is an excellent opportunity for those high-risk investors who know the market well.

“I believe it will take about one to five years for the government to properly manage the land system there. Then, Mondulkiri will boom. However, if you wait until then, land prices might have been gone up,” he added.

Mondulkiri, in the past five years, has been attracting a lot of local tourists. Recently, the government has also officially approved the construction of the Mondulkiri airport and chosen a Chinese company to study and implement the project. (Read more)

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