Saturday, November 15, 2008
Cambodian property values dropping
Posted on 2:48 AM by svdfbd
Cambodia's land prices have fallen by up to 25 per cent from a historic peak in June amid the global financial crisis and a border dispute with Thailand that scared off investors.President of National Valuers Association of Cambodia, Sung Bonna, says the land prices countrywide dropped between 20 to 25 per cent by early November.Prices reached as high as $US5,000 per square metre in June in prime
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