Nov. 16, 2021

Cambodian Real Estate with Agnes Yang

When people think about Cambodia, they usually only have pictures of a third-world country that used to be under civil war and a rogue government. Typically, people would have the common concepts of poverty and underdevelopment attached to the country whenever it is brought up. But is that narrative still valid up to this very day? From the eyes and experiences of Agnes Yang, it most certainly is an outdated view. And that’s because, in this episode of The Real Estate Diplomat, Agnes Yang shares her experience as an endorser of the Cambodian real estate industry in Japan. She speaks about how Cambodia reinvented itself throughout the years, how it manages to attract interest and support from multiple countries, how its friendly and positive culture influence the love of foreign tourists, residents, and businesses, and how Agnes’ company, GCC Japan, sees the budding opportunities of real estate in the country. We also speak with her boyfriend Michael Donzella, who is an American living in Japan. We get to hear about his experience as well. As always, there’s a lot to unpack in today’s episode, so tune in and enjoy!

When people think about Cambodia, they usually only have pictures of a third-world country that used to be under civil war and a rogue government. Typically, people would have the common concepts of poverty and underdevelopment attached to the country whenever it is brought up. But is that narrative still valid up to this very day? From the eyes and experiences of Agnes Yang, it most certainly is an outdated view. And that’s because, in this episode of The Real Estate Diplomat, Agnes Yang shares her experience as an endorser of the Cambodian real estate industry in Japan. She speaks about how Cambodia reinvented itself throughout the years, how it manages to attract interest and support from multiple countries, how its friendly and positive culture influence the love of foreign tourists, residents, and businesses, and how Agnes’ company, GCC Japan, sees the budding opportunities of real estate in the country.  We also speak with her boyfriend Michael Donzella, who is an American living in Japan. We get to hear about his experience as well. As always, there’s a lot to unpack in today’s episode, so tune in and enjoy!

 

Who loves Cambodia?

In media and in the perception of far-flung countries, China is the only country that supports and sees interest in Cambodia. But for Agnes, that is definitely not true. Aside from the country naturally giving a home to so many foreign tourists and residents, Cambodia has good relationships with multiple countries around the world such as the United States, Japan, South Korea, France and England. 

As Agnes said herself, it’s rare for a country to have that much support coming in for itself from so many varying cultures and neighboring countries. Everybody sees opportunity in Cambodia, and not just in its real estate industry. In the past, Cambodians did not trust the government but todaythe new generation is rediscovering its own homeland and what it means to be from Cambodia. That spirit has brought many Cambodians back to the country. 

About Agnes Yang:

Agnes Yang is a CFA® (U.S. Securities Analyst), Certified International Real Estate Specialist (CIPS), and a member of the National Association of Realtors (NAR). After about five years of practical experience in the legal department of a major Japanese automobile manufacturer, she participated in the Cambodian real estate business at a Japanese real estate company.

Agnes is involved in a wide range of operations such as buying and selling Cambodian real estate, leasing management, building management, market research, etc., and has a deep understanding of the Cambodian market. In 2021, she established GCC Japan Co., ltd. and assumed the position of representative director.

Agnes specializes in market analysis, international business development, and overseas negotiations and provides comparative proposals to customers, and advises on optimal overseas investment. 

 

Outline of the Episode:

[03:01] The upsides of the pandemic on networking

[04:22] How Agnes Yang got into real estate

[07:01] What comes to mind when you think of Cambodia

[10:13] Michael’s experience in Japan and future plans for investing in Cambodian real estate

[14:50] Why does Cambodia use U.S. Dollars?

[17:55] Cambodians and Asian countries are rediscovering Cambodia

[21:11] The typical returns for an investor in Cambodian real estate

[25:34] How the Cambodian government takes care of its foreigners

[29:22] Everyone sees value in Cambodia

[31:39] Cambodians always look forward

 

Resources:

Website: https://www.gccjpn.com/

LinkedIn: https://www.linkedin.com/in/agnes-yang-069aba59/?originalSubdomain=jp

Facebook: https://www.facebook.com/agnes.yang.gcc/

 

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Agnes YangProfile Photo

Agnes Yang

CEO

Chief Executive Officer at GCC Japan CO.,LTD
Certified International Property specialist (CIPS)
Born in China, lived in US, UK and Japan, currently live in Tokyo, Japan.
Speak: Chinese, English, Japanese