Singapore Developer to Provide Affordable Homes

• Proeksa Meas
• 31 December 2015
• Local News
• 1339 Views

Leading Singaporean developer HLH Group Ltd announced the launch of CAMHOMES on 18 June, a property development firm that will provide high-quality, affordable homes in premium locations across the country, according to the Phnom Penh Post.

CAMHOMES will offer opportunities for middle-income buyers who are not able to afford properties in the many high-end developments.

The CAMHOME developments are modelled on Singapore’s public housing system and will utilise the ‘Build-to-Order’ sales policy, where prospective buyers register their interest in advance. This means properties do not lie empty after they are built. In Singapore, official statistics show that more than 80 percent of residents live in apartments of this type.