Siem Reap land values rise slightly compared to other potential provinces

According to a study by Key Real Estate, land prices in Siem Reap province range from $ 100 to $ 5,500 per square meter. Real estate prices in Siem Reap last year did not increase much, as Siem Reap was where developers and high-end land prices were already high as long time ago .

The same study said that in 2018, real estate prices in Siem Reap was increased by 5% to 10% only in contrast to that of Sihanoukville, where the land wear already high because of this new development they come to develope in this area and . Many Chinese they had come to relax .

Meanwhile, tourism in Siem Reap has also grown well, according to the final report of 2018, indicating that Angkor resort welcomed 2.59 million tourists, an increase of 5.45% compared to 2018 Earning more than $ 116.64 million, an increase of 8 percent.

Mr. Seng Thai, General Director of Goal Property Service Co., Ltd. Said that land prices in Siem Reap and the surrounding area were soaring due to many investment projects, and investment flow of Chinese, domestic investors and other international investors came more.it`s a lot more than few years ago.

He said that the arrival of the MAKRO Mall, the construction of international airports in Sotnikum district and other major projects will make Siem Reap grow more in the future."It's time for real estate to explode in Siem Reap,  that is not just  dependent solely on tourisany more but to grow in real estate also ," he said.