As the state cuts land into Phnom Penh, how will the price of land in 5 villages in Kandal province change?

So far, five villages in Kandal province have been decided by the Royal Government to enter Phnom Penh, which is close to ING City or Boeung Tumpun and Choeung Ek. After the state cuts land into Phnom Penh and near such a satellite city, how will the price of land in those five villages change?

According to the tycoon, Dr. Kim Heang, "In my experience of specializing in the real estate sector for more than 16 years, I can say, even if the location does not change, the land is near or opposite, we can recognize one is named as land in province and one is named as land in Phnom Penh. Theirs prices can be difference between 20 to 30 percent.

According to his state, this means that the five villages which the state has cut into Phnom Penh will have more ions in the land sector, which means that after cutting into Phnom Penh, the price of land in those areas will change depend on the actual situation.

The reason for the above border demarcation is to address the impact as well as to facilitate the administration, development work and provision of public services, as well as to facilitate the registration of certificate to identify the owner of the immovable property (for the pagoda) and in accordance with the master plan (2015-2035) of the Capital Hall, which has determined the location of the southern part of Phnom Penh, that is, for the next 15 years, this area will Developed into a green city and the most important commercial center of Phnom Penh, together with the satellite city ING City, which is located to develop a modern business center called "Dragon City" with strong growth in diversified business and favorable conditions for housing development, complete, rich, safe and environmentally friendly city with gardens and green spaces.

It should be noting that according to the decision of the Government on October 19, 2020, it is confirmed that the Royal Government of the Kingdom of Cambodia has decided to adjust the administrative boundary between Phnom Penh and Kandal Province by removing 5 villages: Stung Chrov and Prek Tapov villages of Doeum Mean commune, Prek Anchanh village of Prek Russey commune, Prek Long village of Ta Kdol commune and Batachi village of Prek Hoor commune with an area of 302 hectares (9,390 square meters) from Takhmao city, Kandal province under control of Sangkat Cheung Ek, Khan Dangkor, Phnom Penh.