Rising unemployment rate will hurt demand for the local real estate market which has been hit by the global COVID-19 pandemic but a rebound is expected if the virus situation is resolved within 12 months, stated a report by Khmer Times (22 May 2020). Georg Chmiel, executive chairman of Juwai IQI, said foreign demand for residential real estate remains weak until Chinese buyers can travel to Cambodia freely. However, a better economic situation in China will see a positive impact on the Cambodian real estate market. "This is a good sign for Cambodian real estate, especially in the condo segment. According to Juwai, Chinese investors are now looking again at investing in property outside their own country. So, we expect to see those investors come to Cambodia," said Georg Chmiel.