Price of Real Estate Will Be Up Little After July National Election
Do you believe the real estate price will rise after the July national election? Today, people are hesitate to buy houses and land. Land sale and buying action is more active compared to house business transaction. The silence of this booming business in Cambodia in this few recent years has made people, analysts and traders expressed different concerns. Some argue that the fall of real estate price in Vietnam is an example of growing and then down. If it is up and then it will be down. The price fall in Vietnam will migrate to Cambodia and if so, the real estate price in Cambodia will fall as well.
The fall in price of real estate in Vietnam is due to economic slowdown in recent years. And Cambodia’s economy is growing, even a decrease of GDP growth in 2007. Higher inflation is making problems and putting another challenge to Cambodia’s economy. Garment and textile industry of Cambodia is confronting with high competition. Many garment factories closed their operation and garment workers went to their rural homeland, as a result of the close of factory and they can not afford with high price in Phnom Penh. If economy is going to fall and nothing improved, what will happen with real estate business transaction?
The down of real estate in Vietnam will encourage investment in Cambodia. This is still a doubt. In recent year, Vietnam trade with Cambodia is remarkably increasing and Vietnam tourists to Cambodia is also high in recent months. If so, how can the fall of real estate price in Vietnam migrate to Cambodia.
Political stability after national election will build trust and attract more investment in Cambodia. Domestic investment is also up at this present time. It is predicted that every thing will come normal and political climate and speculation of economic growth will make high price of real estate. But it is to acknowledged that prediction will not be always true all the time.

Every time, I go to Vihear Sour commune, I have to take boat to across the Mekong river. There are many cars, motors and people in the boat. At Svay At ferry, there are three boats which do not make passengers to wait long time. Unlike, a new ferry nearby called Prek Tamak ferry, there is only a big one and people need to wait. Sometime, they have to wait about one or more than one hour until they can across the river. It takes time and make passengers spent more money.
I like take picture and when I go outside I always take my small digital camea with me. I took pictures and I rarely see my own. Thus, more or less, I asked my friends to take pictures for myself. This is a picture on the boat across the Mekong river taken on 26 June 2008.
I went there many times and I see progress there, particularly roads, bridges and other achievements within the pagoda. Almost every day, people go to the pagoda and it is full of people when it is on the weekend or on holy days (Thngey Sil). People go there will not only for traditional purposes, but they can also take a rest for entertainment and visit some ancient places.
In the future, I also think that the pagoda can be transformed into a small recreational site for domestic people. Thus, people can make more money.




This is the way to promote people understanding about service fees charged by local authorities once people come to ask for their land registration. It also promotes an action to fight against corruption at commune levels as well. The signature states that if the service charge exceeds the price in the table above is a corruption.
Today, almost every time I travel to Siem Reap and Sihanouk Ville, I noticed that bus seats are full in the bus. But one thing I do not like is comfortability in the bus. Buses are old and some buses got broken along the road. As you can in this picture, the Capital bus has gained much money from its transportation business, but I do not see any improvement of its services. My worry is also about quality of bus. I hope that market competition and tourism development to more explored tourism destination would encourage firms to use high and new buses.