Showing posts with label Cafe. Show all posts
Showing posts with label Cafe. Show all posts

Sunday, March 3, 2013

Café society competition hots up

Last Updated on 20 February 2013  By Laura Walters

Local and foreign business owners seem to be jumping on the bandwagon in light of the success of the western-style cafes which seem to dot every street corner of Boeung Keng Kang 1 district.

However local real estate experts say not all of the air conditioned, latte-serving hangouts can survive in the area, despite the growth of the market.

Asia Real Estate Cambodia Vice President Kuek Narin said the area, which is known as Phnom Penh’s main expatriate area, has experienced rapid growth over the past seven years.