Back to the question. Why this domain very expensive? Maybe this country TLD is fresh go public domain that so many domain name possibility unregistered yet, for example you can get "iphone.cm", even this domain like "iphone.com" typo, but is it cool huh? Yes it is!
Unfortunately I guessing this domain has been registered by a customer. I didn't check the whois yet. So you can check it by yourself.
Hey you can transfer your domain to Namecheap for $6.99 each domain only with this coupon code; SWITCH2NC .