Cambodia Apartment - LOOKING FOR RENT? 011590708
M. 144, 720 n.a. N.a. 3, 216 n.a. 65 sq. Apartments really are another thing from flats. Flats are defined by Cambodia what is usually known in the broader world as condominiums, or as non landed home components in an edifice. Apartments, also known as store homes, are landed properties, up to two or three floors, and with a ground floor. We might thus have wished to study the costs of flats. Few, in fact practically none, are recorded on the sites of realtors in Cambodia. So our study is about the costs of villas and flats. Flats in Phnom Penh, Cambodia capital city, cost around US$1,200 - US$3, 000 per sq metre.
We studied flats situated as Daun Penh, Tuol Kork, Chamkarmon, and 7 Makara, in the prime residential areas of Phnom Penh. M. Flat prices more than double the amount, at around US$1, 500 each month. The gross rental returns for apartments in Phnom Penh, i.e., gross ROI in a flat if completely rented out, ranges from 3.27% to 5.33%. Villas tend to be higher priced than flats, which range from around US$3, 500 to US$4, 500 per sq. M., with smaller villas bring in the higher costs. Villas bring in inferior rental returns, which range from 2.8% to 3.43%.
