Cambodia Election Will Not Affect Property Market

Though the official campaigning period is only in its early stages and the election a month away, there is little doubt that the Cambodia People's Party will hold onto power when the votes are counted in the Cambodia general election. In fact, it is widely expected that the CPP, led by current Prime Minister Hun Sen, will, for the first time gain enough seats in the assembly to rule on their own.
This is not great news for the property market, Hun Sen has remained reluctant to allow foreigners to purchase property, which is against the Cambodian constitution, but has been a massive hindrance to the Cambodian property market reaching its full potential. But an even bigger problem is the lagging implementation of a sub-decree to regulate and safeguard the current leasehold system.