柬埔寨房产不良贷款率升至8.9% 市场进入深度调整期

[来源: CIR] [分类提示: NEWS] 标题: Opinion: Turkish Contractors Should Build Cambodia’s Cities, Not Its Next Bubble By Mehmet Enes Beser Turkish contractors assessing opportunities in Phnom Penh should pay close attention to one figure in the World Bank’s June 2026 Cambodia Economic Update: non-performing loans rose to 8.9 percent in 2025, from 7.4 percent a year earlier, as the prolonged property downturn weakened asset quality. Domestic credit growth also slowed to 5.3 percent, with real estate and construction among the weakest sources of loan demand. The figures point to a deeper problem than a temporary slowdown in the construction cycle. They raise questions about what Cambodia has been building, who can afford it and the financial assumptions underpinning the sector. For Turkish firms, falling valuations and stalled projects should not be seen simply as an opportunity to build another luxury condominium, office tower or shopping complex. The stronger opportunities are likely to be in affordable housing, stormwater drainage, drinking-water networks, industrial wastewater treatment and other municipal infrastructure. Cambodia still needs construction. What it needs less of is construction disconnected from household incomes and the everyday needs of its cities. Phnom Penh’s property boom relied heavily on foreign capital, rapid credit expansion and the expectation that rising land values would validate new supply. The downturn has exposed the limits of that model. Knight Frank’s review of the first ha