In Cambodia , What should we choose between Condo & Borey?

When it comes to buying a property in Cambodia, there are many options to consider, from apartments and shophouses to condos and boreys.

Each has its own unique value, so it’s important to weigh your options carefully before making a decision.

In this article, we will explore the pros and cons of condo vs borey.

Condo

Pros:

Amenities: One of the biggest advantages of a condo is that they often come with a range of amenities such as a gym, swimming pool, and communal areas. This means you have access to all of these facilities without having to maintain them yourself.
Security: A condo often has security measures in place such as gated entrances and 24-hour security personnel.
Low Maintenance: With a condo, you don’t have to worry about maintaining the exterior of the building, the common areas, or the landscaping. This is taken care of by the property management team.
Condominium buildings are often built in areas close to groceries, parks, restaurants, and other amenities.

Cons:

Association Fees: While the amenities and maintenance may be convenient, you’ll have to pay monthly association fees to cover the cost of these services.
Limited Privacy: Living in a condo means that you’re near your neighbours, so you may have to sacrifice some privacy.
Restrictions: Condo owners often have to abide by certain rules and regulations set by the management team or homeowners’ association.

Pros:

More Privacy: With a borey, you have your own house and plot of land, which provides more privacy than a condo.
Customisation: You have more freedom to customise your home in a borey, from the layout to the decor.
Potential for Appreciation: As the land that a borey sits on appreciates, the value of your home may also increase.
It typically has its own infrastructure and services including roads, water, electricity, and waste management.

Cons:

Maintenance: Unlike a condo, you’re responsible for maintaining the exterior of your home and the surrounding landscaping.
Limited Amenities: Borey typically does not come with the same range of amenities as a condo, so you may have to source these yourself.
Borey in Cambodia is usually located in off-central locations.

So, which option is better for you? Ask yourself the following questions: