Compass Real Estate > Cambodia Real Estate Information > Land in Phnom Prasith began to have a positive impact from surrounding development projects around

Land in Phnom Prasith began to have a positive impact from surrounding development projects around

2019-06-14
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Summary:The improvement of the land sector in the mountainous areas of Phnom Praset and Phnom Reab, a large part of Ponhea Leu district in Kandal province and partly Has been count into Phnom Penh within Prek Pnov district and is beginning to be attractive development. And after the government announces plans for development in the region Boeung Ta Mok.

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Director of Century 21 Fortuna Investment, real estate firm Va Virak, said last week that the land in the Phnom Bas Sith area has begun to be attractive, but not as strong as Boeung Ta Mok or Tum nub kop srov . He added that sooner or later, the plots in the Phnom Basin and surrounding areas would increase the attractiveness, which would be pushed out of the Tum nub kop srov and Boeung Ta Mok.

"Now, apart from the activities of the lottery, there are a few middle-class developers who are slowly starting to build a 10-20-storey residential building, which is also a big help. Other developers have joined to invest in and develop more in this area. "

Similarly, the director of real estate company AMATAK Property Service, Tainghour, said the interest of landowners in the area has been spurring for about two years, but this year has been much stronger than ever before. She adds that land prices in the Phnom Bas district and the surrounding area vary, depending on the size and topography. She added that land far from the road or agricultural land is a bit pricey, ranging from $ 35-50- $ 60 per meter (large farmland) or more if The soil is in good condition.

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She added that for large tracts of land, residential areas, market prices can range from $ 150 to $ 200 per meter, or up to $ 250. Price issues are generally unbalanced.

Economist and real estate analyst Nget Chou also said that in the short term, Phnom Baset  is no longer in isolation. "Normally, from year to year, demographic growth has increased, especially in the outskirts of Phnom Penh."


"At present, the development plan of the Capital Hall has left the center of the city to the suburbs," he said, adding, "As more people grow, the city is expanding its scope. Currently, Tum Nup Kob Srov And the Beoung Ta Mok area are attractively attracted by the developers, which will expanse of the land Redundant."As long as in the next five years Phnom Baset area will  be filled with mid-level and below-average housing," he added.This news from propertyarea.asia



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