DSR – Ride the Waves to Cambodian Island Paradise with Profits Song Saa

July 16, 2009 - PRLog -- The head of Cambodian Public Bank, Phan Ying Tong, told the Phnom Penh Post on Tuesday that although Cambodia's property market is “still struggling” he is looking for improvement. "..in about six months."

Meanwhile The Jakarta Post is reporting today that the property market is still falling in Singapore.

“Private residential property prices fell 5.9 percent in the second quarter from the previous quarter after plunging 14 percent in the first quarter, the Urban Redevelopment Authority said Wednesday.”

On the same web-page, however, the first linked story had the headline Oil falls to $34 ahead of Feb contract expiry.

Markets, like the seasons, move in waves. Today oil sits at $70 a barrel with $100 again in sight. Worries about deflation are the veneer being laminated over the true picture – one of emergent inflation. Oil is signalling this, and in the UK real estate appears to have turned the corner in defiance of economic gloom.

In certain hotspots around the globe prices are firming. Just as property in Ireland rapidly caught up with mainland Britain, so there is every reason to suspect that Cambodia is going to equalise with the Asian vacation dragon Thailand, itself already emerging from the downturn.

As Cambodia is discovered there is now a real chance to keep the environment intact rather than over-develop. By learning from the mistakes of others while benefiting from new eco-technology and awareness, Cambodian property values could easily surpass those of Thailand in the long run. With this in mind an eco-villa resort is being crafted on the tiny beautiful island pair known as Song Saa in Cambodia.

Only 5 villas will be built, along with bungalows, restaurant, all the ‘usual’ amenities expected of a 5 start resort. Materials used in construction will largely be sustainable hardwoods, giving a natural vernacular look to the place that befits the pristine landscape. The site is engineered to have zero negative impact on the environment.

The Australian team developing the islands hopes to set the benchmark for future building and conservation in Cambodian waters, and have even appointed a full time marine biologist to monitor the teeming coral reefs that surround it, as well as provide guidance for snorkelers, fishermen and the like.

If you like the sound of this place in the sun built with sound sensibilities and uncompromising luxury, rest you will not be the only one. The market will finally decide the ultimate value of boutique resorts like Song Saa. Right now you can grab a piece of the action before the action really gets started.

DSR Asset Management Ltd is offering off-plan villas at Song Saa priced £270,000-£280,000. Each will be an absolute gem with empathic construction and luxury interiors of the first water.

David Redfern of DSR is extremely enthusiastic about this truly unique and sensitive project.

“Song Saa Resort will be the ultimate island hideaway, built in this beautiful, untouched corner of the world, while only 30 minutes boat trip from Sihanoukville and Cambodia’s newest international airport,” he said.

http://www.davidstanleyredfern.com/

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