Property on National Highway 4 or Economic Road is quietly growing

Real estate has grown quietly, but continues to go unnoticed, although the big projects have not yet made a big impression. While National Road 4 is the main economic corridor connecting Phnom Penh to Sihanoukville port, which will be expanded to accommodate increased traffic, especially transport of goods, it is more convenient and affordable. Faster.

If we look at the market area of Bek Chan market, Ang Neang district, Kandal province, about 4 to 5 years ago, it is observed that the real estate sector is very bulky, it is just a factory or a warehouse. In the last few years, the momentum of development of the real estate sector has come to a halt because of the fact that the construction of a Chinese industrial park and the growth of the factory building has been booming.

Ms. Centres 21, director of the Century 21, said that the future market for brokers was a major downtown area. The potential of the real estate sector, especially the housing needs, was modest or low, because the area had a clear infrastructure. Easy to develop. Over the past 10 years, the Bek Chan market area has become a real estate development community because it is the main destination of the lifestyle and development, especially the current land area at low cost and easy to develop in the future.

Kim Heang also reiterated how much of the market for the Bek Chan market needs to take years to grow, it is not time-consuming, but the core of the area is what are the major projects interested in at that time, and there is Grow much. In fact, National Road 2 just announced the construction of a new one-week new airport, making the land a two to three highs. In fact, the Bek Chan market area has not seen any strong development, with most of the booming plots and houses below average prices. There are markets with factories, plots, lots of apartments, and apartments still up to the level of development.

Although no large projects have yet been established, the real estate or potential of Stung Treng 4 requires upgrading of Cambodia's National Highway 4, which is Cambodia's major economic hub, and will begin to expand in early 2019, after the Royal Government Receives US $ 110 million from the World Bank.

Mr. Nou Vathanak, spokesman for Ministry of Public Works and Transport, said that this road is an economic and transport pathway and the improvement of National Road No. 4 does not affect road construction. Because the highway is China's investment on another route.

In addition, Hun Sen said that in the 1980s, at National Road 4 from the current pet poultry to rural areas, rice fields on the south and north roads, no buildings were built. But now, from National Road 4 to rice paddy fields are all built and do not go to the ground now is more expensive than gold, some places 1 square meter 2000 USD 3000 Dollar. "

In this regard, the real estate sector has grown steadily by appearing in textile factories, supermarkets, thousands of residential areas, and increasing population growth, making the region more attractive for investment. .