Market News - The Peak Condo Phnom Penh, Cambodia
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Market News

The Peak Cambodia Opportunity

Cambodia’s economy is on a growth trajectory, with both its population and living standards are rising. But there is a housing dilemma. A house or a villa in central Phnom Penh is not within affordable reach to most of the locals. Although buying properties on the outskirts of town is cheaper, this will give rise to commuting issues on a daily basis. This is why there is strong demand for modern, comfortable, condominiums at strategic locations that provide easy access to the city. The Peak Residences not only plugs this gap, but went a step further by providing enhanced lifestyle options that are so lacking at this point in time and space.

Another tipping point of the city’s growth will be Cambodia’s economic integration into ASEAN in 2015, accelerating the country’s progress and transformation. This is when the floodgates will open and the city will experience its next level of growth in terms of investors and tourists, and ultimately in real estate prices. The introduction of The Peak Offices will help to fill the increasing shortage of premium business space in the core city centre, providing the perfect solution to many international companies which are coming in to ride the wave of economic growth.

Apart from profits in capital gain and rental yield, what gives deeper meaning to investing in The Peak is the opportunity to improve the lifestyles of a people, and to contribute in the growth and modernisation of their country.

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