Cambodian online property sale generates $15 million in sales

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The Realestate.com.kh Black Friday Online Property Sale held on June 12th 2020, generated $15+ million worth of Cambodian property sales, said the organisers.

Cambodia Black Friday Online Property Sale 2020

The first online property sale to be held in the Kingdom of Cambodia attracted over 20,000 interested buyers across both the Realestate.com.kh website and on the Livestream which ran throughout the 4-hour event. As a result, $15 Million+ dollars’ worth of property was booked.

“The event brought together 30 leading condo, borey, and plot land developers and was supported by 100+ local and international real estate agencies, media platforms, law firms, banks, business chambers, and many more. The event attracted a multinational spread of attendees – with approximately 50% Khmer, 30% Chinese, and 20% mixed international visitors to the website” said the organisers.

Mr. Tom O’Sullivan, CEO of realestate.com.kh added “We are delighted with the results, which is a great reflection on the strength of the Cambodia real estate industry. There is clearly a need for more housing in Cambodia and we were happy we could bring together the leading developers and agencies in Cambodia to offer some of the best prices the market has ever seen.”

O’Sullivan also said, “We know there are 1000’s of buyers looking to get into the Cambodia real estate market – both local buyers and international investors, and everyone always loves a good deal”.

Realestate.com.kh Black Friday Online Property Sale results

What was the Realestate.com.kh Black Friday Property Sale?

The Online Black Friday Property Sale brought together some of Cambodia’s leading property developers as well as the best resale deals in the local market. There were dozens of properties avaulable in multiple cities in Cambodia.

Property seekers were able to browse the properties and discounts that were only available for 4 hours. Buyers could then make a fully refundable reservation fee to reserve the discount on the property.

Realestate.com.kh has been at the forefront of connecting buyers, developers, and agents and contributing to Cambodia’s real estate market growth since 2009.

B2B Cambodia was an affiliate partner for the event. You can read more about buying a property in Cambodia here.

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