Chinese property hunters flood into Ochheuteal Beach

Cam McGrath

 

Chinese investment in Sihanoukville has intensified, with investors snapping up properties in Ochheuteal Beach and putting pressure on local and Western-owned businesses.

 

When Craig Warren and his partners opened Mick & Craig’s Guesthouse in 2002 there were only a handful of buildings – a dive shack and some traditional Khmer houses – on the heavily potholed track that provided access to Ochheuteal Beach. For 16 years the entry road, which runs from the Golden Lions roundabout over a low-slung hill to the beach, has been a conduit of change.

 

read more https://www.phnompenhpost.com/supplements-post-property/chinese-property-hunters-flood-ochheuteal-beach

 

-- © Copyright Phenom Pen Post 24/03

There goes the neighborhood.

I was there (and believe I had a friend working at that dive shack, the only one in the neighborhood) - where the HELL did they find room for 30 casinos?!? You would walk the entire town in an hour or two.

Thailand's lost opportunity.

A few friends have recently visited Sihanoukville, and all were so disgusted by the chinese take-over they vowed never to return.