Effects of Chinese slowdown on Cambodian real estate not all bad
While the future is uncertain, local experts believe current construction business will be as usual. Pha Lina
PPP 28 Jan, 2016 Siv Meng
Cambodian experts still find myriads of reasons for and against the impacts that China’s slower-than-anticipated economic growth could have on the Cambodian real estate market while the overall results remain obscure.
Ann Sothida, deputy director of CBRE Cambodia, who has worked with many Chinese investors, told Post Property on Tuesday that backlashes to the local real estate industry would be minimal – under the condition things do not get worse in China.
“I have asked the Chinese investors about this matter and they told me that they would not postpone their construction projects [in Cambodia]. Yet, they would delay the projects if ongoing construction projects in China would demand extra efforts,” she said.
However, she added that those looking to invest overseas from the Chinese mainland may become hesitant until the storm calms.
“When there is a problem in [China], [the investor] would consider putting off the investment in foreign countries,” she said.
Echoing Sothida, Touch Samnang, project manager of OCIC, said that for the Chinese-dominated Diamond Island, “no projects are on hold” and it is “business as usual.”
However, he did note that sales had recently dipped.
“I heard about the economic crisis in China, but I don’t have any details of it,” he said.



















