HIGHLIGHTS: Two condominium projects were launched off-plan, and are set to deliver a total of 2,244 units three year project horizons, both developments target middle-class Cambodian buyers.
Quoting sales prices for mid-range and high-end condominiums depreciated by 2% q-o-q, whilst quoting sales prices of affordable condominiums rose by 7% q-o-q.
Rents of high-end and mid-range condominiums in prime locations dropped by 3.8% q-o-q.
Occupancy of office stood at 82.7% during Q1 2018.
Rents in both the office and retail sectors were stable during Q1 2018, compared to the previous quarter.
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