Hi! I've cross posted this on another forum, so apologies to those who may have already read this.
I have just arrived in Phnom Penh to live for 2 years and have been totally blown away with how expensive 2 bedroom apartments are.
Everyone (on the forums that is) talk about DON'T pay more than $600 for 2 BR and how they got a FAB place for $250 etc.
We have come here with that expectation and yes, even though my business set me up with 5 real estate agents in one day to take me around - none of them had a good apartment for under $600.
What is going on? Has house prices gone up dramatically? All the real estate agents expected me to want to see apartments for $1,000 and were somewhat suprised I wanted $400. I'm only a teacher, not a high paid businessmen!
I hired a scooter and drove around (something a lot of people on forums say to do) but that was hard work and still seemed too expensive.
Am I missing something, or expecting too much?
I don't expect or want to live in the BKK1 area (my work is in this area however); but everywhere else seems expensive too.
I would dearly love anyone's perspective on this or advice.
Anyone know of a good cheap person who may help me out and won't take a commission off the rent? Does a person like this exist?
Cheers,
Smitty