By Uong Ratana Sihanoukville has seen property prices skyrocket in recent years as Chinese investors pile in to the real estate market in the seaside resort. That’s good for the owners of real estate, but some wonder if a price correction might be on the way.
The port city, with its beaches and growing casino sector, has benefited from added infrastructure and is now a bustling resort with more visitors arriving each year. Developments at the port itself, the nearby special economic zone, and the airport have added much to the city’s economic activity. Local officials believe property prices may have plateaued.
Sihanoukville governor Yun …read more Source:: Phnom Penh Post