go Back
2021 Interview of 429 Experts around the World on Covid-19
-
Ross WhebleCountry: Cambodia
City: Phnom Penh
Position: Country Head
Organization: Knight Frank Cambodia
On the whole, what was the percentage change in housing prices in your city during end 2019 to end 2020In your opinion, what will be the percentage change in housing prices in your city during end 2020 to end 2021
When will the property markets recover after Covid-19?
| Sector | Answer |
| Agricultural land |
|
| Urban land |
|
| Office |
|
| Shopping |
|
| Industrial properties |
|
| Hotels |
|
| Resort properties |
|
| Rental housing & rental apartments |
|
| Owner-occupied apartment or condominiums |
|
| Detached houses, rowhouses or low-rise residence |
|
| Residential land subdivision |
|
| Retirement living |
|
| Overall Assessment for your country |
|
What are ‘new normal’ in real estate in your opinion?
Work From Anywhere (WFA) will become the norm in many countries that can support WFA but not in frontier markets. Knight Frank released their flagship report Yourspace which surveyed almost 400 global office occupiers and 30% said they would expand their office space, 35% would remain the same and only 35% would be reducing their footprint. Residential projects will place more of an emphasis on wellness facilities, open spaces and also incorporate office space in view of the lockdowns during C1
How should we adjust ourselves in real estate business?
We have to better futureproof the real estate sector for future pandemics which will means reimagining the role of the office, rethinking residential and hospitality design, upskilling in our knowledge of data centres and making industrial & logistics more sexy!
Which sectors are you in? (multiple choices)
2021 Interview of 429 Experts around the World on Covid-19
