Estate Xchange to offer real estate and properties marketplace

Estate Xchange (Cambodia) Plc, with Morgan Group as its strategic partner, will offer a new marketplace for real estate and properties trading. Speaking at the grand opening and signing ceremony, Ros Sovantha, the company’s CEO said it was established for the purpose of garthering real estate companies, investors, property and real estate agents together to trade in the market, including sales, purchases and leasings. Focusing on residential clubs, sub-division clubs and condo clubs, Estate Xchange will only deal with properties valued $200,000, and over, he said. To participate in this trading system and list their property, partners have to register, the properties must be legal and a hard title must be obtained at a low price compared with the market price. (Source: Khmer Times)