Yap notes that from a macro-perspective, Northwestern Phnom Penh is guaranteed to grow into the future. “In property development there is always ‘the rule of the triangle’: If you plan a residential project within equidistance of a city’s CBD and its international airport and you ensure your project reflects local demands, it will succeed. It may not succeed immediately, but as long as the city continues to grow, it will eventually succeed completely.” James Whitehead is content director at realestate.com.kh Source From: Khmer Post Construction investment surges in 2015 despite poor permit ranking Details Category: Real Estate News Local Thu, 29 October 2015 Siv Meng Construction permits are hard to get in Cambodia, according to the World Bank.
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