Kingdom Attracting Singapore Investors

• 31 December 2015
• Property Focus
• 1565 Views

Singapore property investors are increasingly entering the Cambodian residential market, according to Singaporean real estate experts.

The first phase of the 17-storey La Vie Residences was launched in Phnom Penh in March by Singapore-based investor Yuen Development and is expected to be completed in Q1 2018.

Singapore investors have also bought approximately 20 percent of the units at The Skyline, a mixed-use development located in the heart of Phnom Penh’s central business district slated for completion in Q4 2018.

Despite this, it appears that Singapore investors remain a minority due to a lower risk appetite as well as a penchant for more established markets.