<?xml version="1.0" encoding="UTF-8"?><rss xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:atom="http://www.w3.org/2005/Atom" version="2.0"><channel><title><![CDATA[My First Corner]]></title><description><![CDATA[My First Corner]]></description><link>https://www.myfirstcorner.com/mfc-blog</link><generator>RSS for Node</generator><lastBuildDate>Mon, 25 May 2026 15:26:15 GMT</lastBuildDate><atom:link href="https://www.myfirstcorner.com/ru/blog-feed.xml" rel="self" type="application/rss+xml"/><item><title><![CDATA[Asset or Liability: How to Read Your Own Home]]></title><description><![CDATA[Robert Kiyosaki said it 30 years ago. Robert Shiller measured it across a century of data. Ben Felix turned it into a formula. The home you live in is a lifestyle commitment that has been miscategorized as an investment for two generations, and the math behind that mistake is not as personal as it feels.]]></description><link>https://www.myfirstcorner.com/post/asset-or-liability-how-to-read-your-own-home</link><guid isPermaLink="false">6a11328ea2438924d10e30a0</guid><category><![CDATA[Investor's Playbook]]></category><pubDate>Sat, 23 May 2026 05:12:50 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_8ce96a8b621f41edae39ff5987c73236~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[Cambodia Real Estate Market 2026: A Closer Read]]></title><description><![CDATA[Cambodia's small business 90-day delinquency rate has moved from 2% in 2019 to 7.7% in Q1 2026, a fourfold rise in six years. The geography is the real story: 9.6% on construction loans in Phnom Penh, 19.4% in Sihanoukville. Capital cities dip less and recover faster across most economies. The Q1 data shows that pattern at work in Cambodia. Here is how a professional reads it.]]></description><link>https://www.myfirstcorner.com/post/cambodia-real-estate-market-2026-a-closer-read</link><guid isPermaLink="false">6a0fd380b883334b04e1e98b</guid><category><![CDATA[Cambodia Market Intelligence]]></category><pubDate>Fri, 22 May 2026 04:02:27 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_489f489dc1e14921a6af7b09cc6d48f2~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[The Inflation Gap: Reading Cambodia Through Europe's 2026 Price Map]]></title><description><![CDATA[Romania's inflation sits at 9.0 percent. Germany at 2.9 percent. Cambodia recorded 1.3 percent in January 2026. The gap is more than statistical. For investors weighing where to allocate capital across a ten-year horizon, the underlying conditions in Cambodia real estate look structurally different from much of Europe, and the difference compounds quietly.]]></description><link>https://www.myfirstcorner.com/post/the-inflation-gap-reading-cambodia-through-europe-s-2026-price-map</link><guid isPermaLink="false">6a0e7347dd66a932defabec9</guid><category><![CDATA[Emerging Markets Desk]]></category><pubDate>Thu, 21 May 2026 02:56:30 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_992f474724344a18aa068407ed0a5548~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[The Mekong Rail Network and Phnom Penh Property]]></title><description><![CDATA[In April 2025, a freight container moved from Kunming to Phnom Penh in a single sealed run, cutting transit time by close to 40%. The route is the leading edge of a six-country rail corridor. Cambodia sits inside it, with $10 billion in rail planned of its own. The transportation story has been told. The land story underneath it, following a pattern already demonstrated at scale one country to the north, is the one investors should be reading now.]]></description><link>https://www.myfirstcorner.com/post/the-mekong-rail-network-and-phnom-penh-property</link><guid isPermaLink="false">6a0d206ba8a3d519daa09f16</guid><category><![CDATA[Emerging Markets Desk]]></category><pubDate>Wed, 20 May 2026 04:23:31 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_8bc376c27247430aa28563bdb4893755~mv2.png/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[Koh Rong Lands At Number Nine: The Coastal Investment Signal Worth Reading]]></title><description><![CDATA[Koh Rong has landed at number nine on the 2026 World's 50 Best Beaches list, ranked ahead of established destinations in Turks and Caicos, the Cayman Islands, the Seychelles, and Mauritius. Recognition tends to precede repricing in coastal markets. The work to understand what gets repriced first, and on what timeline, is usually the work that pays the most.]]></description><link>https://www.myfirstcorner.com/post/koh-rong-lands-at-number-nine-the-coastal-investment-signal-worth-reading</link><guid isPermaLink="false">6a0be0badf43effc8ce636b8</guid><category><![CDATA[Emerging Markets Desk]]></category><pubDate>Tue, 19 May 2026 04:06:12 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_bb6531c7483b430aa9c667d1e43c5dc3~mv2.png/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[Off-Plan Investing: What the Discount Actually Buys]]></title><description><![CDATA[A unit purchased at foundation stage in Phnom Penh typically lists 25 to 30 percent below its handover price. Retail buyers call that a discount. Professional investors call it an offset, and they ask whether it adequately compensates for the rental returns, liquidity, and capital appreciation the buyer foregoes by going early. The payment plan is where most retail buyers lose.]]></description><link>https://www.myfirstcorner.com/post/off-plan-investing-what-the-discount-actually-buys</link><guid isPermaLink="false">6a0bcc9a8ba6aec9a8117268</guid><category><![CDATA[Off-Plan Intelligence]]></category><pubDate>Sun, 17 May 2026 17:00:00 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_3b70620d0c734fa4bdbdf109e575fd16~mv2.png/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[TAX RESIDENCY AND THE NON-CRS QUESTION: WHAT IT DOES AND DOES NOT MEAN]]></title><description><![CDATA[Roughly 120 jurisdictions exchange financial account data automatically under the OECD's Common Reporting Standard. Cambodia does not. The implication for international investors is more structural than dramatic, and slower to change than most assume. A clear-eyed read on who actually benefits, who is unaffected, and why even a future transition would unfold over years rather than weeks.]]></description><link>https://www.myfirstcorner.com/post/tax-residency-and-the-non-crs-question-what-it-does-and-does-not-mean</link><guid isPermaLink="false">6a068e54ffdf5b83a0249177</guid><category><![CDATA[The Concierge Stack]]></category><pubDate>Fri, 15 May 2026 05:07:53 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_0fbc0a20cdf143588cde505fd11334a1~mv2.png/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[Off-Plan Exit Strategy: Plan the Sale Before You Buy]]></title><description><![CDATA[Most off-plan buyers in Phnom Penh study the unit before signing. They rarely study the exit, the portfolio role the unit is meant to play, or the building factors that quietly decide the resale years later. The professional sequence runs in the opposite order. Inside: the three exit windows, the two ratios most buyers never check, and a worked example with the actual numbers from a recent position.]]></description><link>https://www.myfirstcorner.com/post/off-plan-exit-strategy-plan-the-sale-before-you-buy</link><guid isPermaLink="false">6a03e26b2fe6e98eed463417</guid><category><![CDATA[Off-Plan Intelligence]]></category><pubDate>Mon, 11 May 2026 17:00:00 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_c57197927cde44619c4ac38a6d33ce5f~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[The Investor Mindset Most Buyers Pretend to Have]]></title><description><![CDATA[Capital does not behave the same way in different hands. The same building can produce wealth, mediocrity, or quiet regret depending on who is holding the deed. Most buyers cannot tell which of the three categories they belong to, and that confusion is more expensive than any market correction.]]></description><link>https://www.myfirstcorner.com/post/the-investor-mindset-most-buyers-pretend-to-have</link><guid isPermaLink="false">6a0149400cf45a42cca9bd60</guid><category><![CDATA[Investor's Playbook]]></category><pubDate>Mon, 11 May 2026 03:25:56 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_299b5b250f7740fc831d4133e7d902f6~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[How a Waterfront Unit Outearned Its Address]]></title><description><![CDATA[A waterfront three-bedroom on Phnom Penh's edge would normally lease for $900 to $1,100 a month. With a different fit-out and a thin service layer, it recently earned $2,600 in six days, a yield uplift well above 300 percent. A second case in another district returned roughly 8 percent net, against the 5 to 6 percent typical of the segment. Fit-out accounts for 15 to 25 percent of total rental performance.]]></description><link>https://www.myfirstcorner.com/post/how-a-waterfront-unit-outearned-its-address</link><guid isPermaLink="false">69fd8a084f7ebdc9f6a8fe9a</guid><category><![CDATA[Design, Build, Stage]]></category><pubDate>Fri, 08 May 2026 07:19:52 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_389bcae96583411f958d960a236be7a6~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[Seven Mistakes First-Time Investors Make in Emerging Market Real Estate]]></title><description><![CDATA[The mistakes first-time investors make in emerging market real estate are not analytical. They are category errors. Treating a frontier capital like a developed one. Mistaking the entry experience for the exit experience. Anchoring on the headline price instead of the structural value. Seven recurring errors, in the order they tend to appear in the cycle, with the Cambodia detail behind each one.]]></description><link>https://www.myfirstcorner.com/post/seven-mistakes-first-time-investors-make-in-emerging-market-real-estate</link><guid isPermaLink="false">69fc6eb1f4b0389e41d4ab70</guid><category><![CDATA[Investor's Playbook]]></category><pubDate>Thu, 07 May 2026 10:58:44 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_55b6b2692ead42178e052c3c41356aae~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[Leverage, discipline, and the margin of safety]]></title><description><![CDATA[Most investment portfolios stop working in year three. By then, leverage has compounded across acquisitions, low rates have lured the investor into structures that only work at low rates, and discipline has quietly drifted. The investors who survive built the margin of safety in year one. They borrowed less, paid less, and accepted lower returns in exchange for a wider buffer. Phnom Penh in 2026 shows the pattern in real time.]]></description><link>https://www.myfirstcorner.com/post/leverage-discipline-and-the-margin-of-safety</link><guid isPermaLink="false">69fb1eacb27e981e27c97bd7</guid><category><![CDATA[Investor's Playbook]]></category><pubDate>Wed, 06 May 2026 11:05:05 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_f8251819f5de459a92e24939ad9ffaa1~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[Cambodia's Place on the ASEAN Real Estate Map]]></title><description><![CDATA[Cambodia, Vietnam, Laos, the Philippines, and Bali each give a foreign investor a different instrument, a different currency exposure, and a different cycle position. Singapore and Malaysia sit in a different category entirely. The yields look similar. The structures are not. A comparative reading of ASEAN real estate from the legal floor up, and what Cambodia's freehold, dollar-denominated framework actually means in a regional portfolio.]]></description><link>https://www.myfirstcorner.com/post/cambodia-s-place-on-the-asean-real-estate-map</link><guid isPermaLink="false">69f802eb6d919e5ce86bf64b</guid><category><![CDATA[Emerging Markets Desk]]></category><pubDate>Mon, 04 May 2026 10:37:18 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_cf65a57f94d14fddbe6fb38347ed5fd7~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[Toul Kork's Quiet Repricing in a Shifting Phnom Penh]]></title><description><![CDATA[Toul Kork housed Phnom Penh's professional class for two decades. The new international airport now sits more than an hour away, and the city's economic geometry is shifting. The district's schools, hospitals, and ecosystem remain. The walkability problem does not. Here is how the investment thesis for TK changes when the gravity moves, and what serious buyers should examine before committing capital.]]></description><link>https://www.myfirstcorner.com/post/toul-kork-investment-analysis-phnom-penh</link><guid isPermaLink="false">69f2c1e2bc2ce3253fd39725</guid><category><![CDATA[Cambodia Market Intelligence]]></category><pubDate>Thu, 30 Apr 2026 02:52:11 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_bf0d3cb7413842afa171c7266656fdca~mv2.png/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[Opening a Cambodian Bank Account as a Foreigner]]></title><description><![CDATA[Cambodia is one of the most dollarized economies in the world, and account opening for foreign investors is far closer to a USD-native commercial banking experience than most arrivals expect. The friction is rarely where new clients look for it. The convenience is rarely where they expect it either. A practical read on documents, banker expectations, currency mechanics, and outbound transfers.]]></description><link>https://www.myfirstcorner.com/post/opening-a-cambodian-bank-account-as-a-foreigner</link><guid isPermaLink="false">69f1d1c224f9d3e5cd72a1cc</guid><category><![CDATA[The Concierge Stack]]></category><pubDate>Wed, 29 Apr 2026 09:55:02 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_db58fa55e5464489b08f6408ddfa97ff~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[Toul Tumpung Investment: TTP2 vs BKK1 Rental Math]]></title><description><![CDATA[For a decade, the default answer for premium property in Phnom Penh has been BKK1. The 2026 math no longer supports that default. Tuol Tumpung 2 is delivering rental returns BKK1 cannot match, on better road access, anchored by Street 430's emerging fashion and dining corridor, at roughly two-thirds the entry price. We break down the yield spread, the Street 271 access map, and the role this leaves TTP1 to play.]]></description><link>https://www.myfirstcorner.com/post/toul-tumpung-investment-ttp2-vs-bkk1-rental-math</link><guid isPermaLink="false">69f01ae724f9d3e5cd6ee610</guid><category><![CDATA[Cambodia Market Intelligence]]></category><pubDate>Tue, 28 Apr 2026 02:28:02 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_89fa842de3204f26a13b440b0d339ece~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[Seven Risks in an Off-Plan Build Timeline]]></title><description><![CDATA[Most buyers evaluate an off-plan unit on two pieces of information: the render and the price. The building itself moves through seven construction stages before handover, and each carries its own failure mode. This is the stage map investors should read before the deposit, not after.]]></description><link>https://www.myfirstcorner.com/post/seven-risks-in-an-off-plan-build-timeline</link><guid isPermaLink="false">69ec4ad104fc81dfe25afdd1</guid><category><![CDATA[Off-Plan Intelligence]]></category><pubDate>Sat, 25 Apr 2026 05:15:32 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_200fd121009149feb1314ecdd16a5f56~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Theavy Chea</dc:creator></item><item><title><![CDATA[What Off-Plan Actually Is and Why It Behaves Differently From Resale]]></title><description><![CDATA[Off-plan and resale look like the same product purchased at different times. They are not. One is a finished asset. The other is a contractual claim, priced against time, construction risk, and illiquidity. Understanding the difference changes how an investor underwrites, negotiates, and holds.]]></description><link>https://www.myfirstcorner.com/post/what-off-plan-actually-is-and-why-it-behaves-differently-from-resale</link><guid isPermaLink="false">69eae40bab5395dde60a5052</guid><category><![CDATA[Off-Plan Intelligence]]></category><pubDate>Fri, 24 Apr 2026 04:03:33 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_e9993383ea404a339f22ea854709f866~mv2.png/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[BKK1 vs BKK2 vs BKK3: An Investor's Breakdown]]></title><description><![CDATA[BKK1, BKK2, and BKK3 sit inside the same district and are often discussed as if they were interchangeable. They are not. Price differences are the headline. Walkability, tenant type, lease length, property management quality, rental compression, and demand-side factors are the substance. A structural look at what each sangkat actually produces for the investor in 2026, and where the real differences live.]]></description><link>https://www.myfirstcorner.com/post/bkk1-vs-bkk2-vs-bkk3-an-investor-s-breakdown</link><guid isPermaLink="false">69e9c945d06bed7d1aa02ab9</guid><category><![CDATA[Cambodia Market Intelligence]]></category><pubDate>Thu, 23 Apr 2026 08:33:47 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_1434de77f1974a3cb0b7c1fbe212fb12~mv2.png/v1/fit/w_1000,h_1000,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item><item><title><![CDATA[Cash Flow vs Capital Appreciation: No Property Does Both Well]]></title><description><![CDATA[The industry pitches properties that deliver strong rental yield and strong capital appreciation in the same building. That property is almost always a myth. A building does one of those jobs well and the other partially. For a salary investor testing real estate for the first time, the correct starting point is yield, and the correct vehicle is off-plan. Here is how the first four properties build from there.]]></description><link>https://www.myfirstcorner.com/post/cash-flow-vs-capital-appreciation-no-property-does-both-well</link><guid isPermaLink="false">69e846bae30ec41b7d09f380</guid><category><![CDATA[Investor's Playbook]]></category><pubDate>Wed, 22 Apr 2026 06:08:08 GMT</pubDate><enclosure url="https://static.wixstatic.com/media/018dea_16e2b422a6ee46a69c289fee2037cbc1~mv2.jpg/v1/fit/w_1000,h_768,al_c,q_80/file.png" length="0" type="image/png"/><dc:creator>Sam</dc:creator></item></channel></rss>