Realestate.com.kh announces 2020 Black Friday Property Sale

Realestate.com.kh has announced the first-ever Online Black Friday Property Sale, which will take place on Friday the 12th of June from 4:00 pm-8:00 pm (Cambodian time). The property sale is an online event due to the COVID-19 restrictions.

Realestate.com.kh Black Friday Property Sale 2020

In an announcement on Realestate.com.kh website, they said the 2020 Black Friday Property Sale will allow property hunters to buy their dream home at discounted prices in Cambodia. Realestate.com.kh (REAKH) said "the Black Friday Property Sale will be the biggest online sales event in Cambodian history, where property hunters can buy their dream home at the best-discounted prices ever seen." Buyers who reserve a unit during the 4-hour duration of the sale from 4pm-8pm (Cambodian time) will be provided with a minimum of 14 days to choose the actual unit with the developer, discuss terms and sign a sales and purchase agreement. In addition, REAKH said: "For a limited time only, property hunters can grab the best deals of the year from Cambodia’s top developers. Buyers must pre-register to the event here and use an affiliate code when registering. Realestate.com.kh and its partners will send valuable information to pre-registered attendees in the lead up to the event and provide a guide as to which properties will be available and what some of the best discounts are that will be offered during the 4 hours. However, full details of all discounts and properties will not be revealed until the online event opens." Benefits of the Black Friday Property Sale 2020:

• 100% free to register.
• $500 Fully Refundable Reservation Fee on the day to reserve the discounted price.
• Biggest discounts from Cambodia’s top property developers.

Who are Realestate.com.kh?

Realestate.com.kh was established in 2009 has grown to be the leading real estate website and marketing company in Cambodia. The company provides online and offline marketing services to the nation’s leading real estate agencies, developers, lenders and property owners. In addition to the Black Friday Sale in June 2020, they are also organising the

Cambodian property and construction market 2020

The Cambodian construction and property sector saw a 47% year-on-year growth in approved construction projects between January and February 2020. The total value of the projects was valued at $1.996 billion said the Ministry of Economy and Finance in April 2020. In 2019, the Cambodian construction and real-estate sector yielded investments worth approximately $11.43 billion, a 90% rise from 2018.