Why the first Malaysian project marketed in Cambodia will not be the last

As the trend of cross-border investment grows in Asia, agents are looking to explore new markets, and one interesting indication of this is that Cambodian investors are being courted by Malaysian developers for the first time.

Rather than just sticking to domestic markets, ASEAN investors are often open to projects with strong returns across the region, says Ann Thida, Senior Associate Director of CBRE Cambodia, which is why it is marketing the Damansara City project, which is unveiled today (11 July).

She is convinced that there are Cambodian buyers who want to invest in overseas property, with residential and resort property being most in demand. “We have seen there is a market, some Cambodia investors are seeking overseas investment opportunities. They have invested in some countries before such as Australia, UK, Singapore, Thailand and United States.

read more: http://www.opp.today/first-malaysian-project-marketed-cambodia-will-not-last/