I’m never one to endorse overseas projects due to this class of investment’s uncertainties as appose to our regular local projects where we know our demography a lot better. However, One18 Residences has piqued my interest knowing the people behind the development and after numerous stress tests on the developer and SRI is proud to be the sole exclusive marketing agency for One18 Residences, Phnom Penh, Cambodia.
Still a third world nation, Cambodia has been enjoying exceptional growth and attention from foreign direct investments (FDI) in recent years. She has enjoyed averagely over 7.2% in GDP growth annually and is set to do the same at least in upcoming years; As for us at home, being a first world and with recent big slump in the financial, oil and gas industry, we are experiencing one of the weakest growth in GDP over the past 7 years.
As with a member of AEC and situated in almost the same latitude of great AEC neighbours, Thailand, Vietnam and Laos. They are growing rapidly with strong young population and transforming quickly into a business hub with attractive favourable conditions for new and established businesses.