(Reporter Huang Yaohui) The news that Chinese entrepreneur Ma Yun plans to acquire the beach of the Kingdom of Sihanoukville in Cambodia has not yet been confirmed, but it has caused a surge in the surrounding land prices.
Sihanouk Province Real Estate Company stated to the media on the 7th that rumors claiming that Ma Yun intends to acquire land for the construction of the resort, and that the beach’s surrounding land prices have already been raised.
The general manager of a real estate company in Sihanouk province, Brad, told the media that he met other real estate agents last week and that some agents mentioned that Ma Yun Group's companies are considering acquiring most of the land of Otres.
The local real estate industry confirmed the representative of Alibaba. The other party stated that it was just a "market rumors."
Brad said that Udde Beach had averaged 350 U.S. square meters and climbed to 500 U.S. dollars.
According to reports, among all beaches in Westport, Udde Beach is located in the southernmost part of Sihanoukville and has relatively few tourists. It is known as the most quiet beach in Sihanoukville.
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