Cambodia has experienced strong economic growth over the last decade, and its GDP grew at an average annual rate of 7%. It benefits from free trade agreements and Belt and Road Initiative. The country has no foreign exchange controls. Cambodia is the world’s second-largest oil depository; according to World Bank, Cambodia has 2 billion barrels of oil reserves. Many Fortune 500 companies have entered Cambodia. The expat population in Phnom Penh has drastically increased. Phnom Penh’s property market is seeing strong interest from local and foreign buyers.MESONG will be the tallest landmark in Phnom Penh. Strategically situated in Diamond Island, the project is surrounded by commercial buildings, shopping malls and international schools. The project is within 2-min walk to NagaWorld, and 4-min drive to Aeon Mall.MESONG offers 1 to 4-bed apartments and duplex units. The project also provides an array of deluxe amenities. The starting price is from HK$1.2M, with 10% down payment. The expected rental yield is 10% P.A.
Disclaimer:The information, text, photos contained herein are provided solely for the convenience of interested parties and no warranty or representation as to their accuracy, correctness or completeness is made by Ashton Hawks or the sellers, none of whom shall have any liability or obligation with respect thereto. These offerings are made subject to contract, correction of errors, omissions, prior sales, change of price or terms or withdrawal from the market without notice. Information provided is for reference only and does not constitute all or any part of a contract. Ashton Hawks and its representatives work exclusively in relation to properties outside Hong Kong and are not required to be nor are licensed under the Estate Agents Ordinance (Cap. 511 of the Laws of Hong Kong) to deal with properties situated in Hong Kong. Digital illustrations are indicative only. ^Travel times are an approximation only, sourced from Transport for London. *Rental yield is projected by the agency and not guaranteed by the developer.