In recent years, land prices in Cambodia have continued to rise. As one of the most valuable urban areas in Phnom Penh, Daun Penh District has also consistently ranked at the top.
According to the 2019 land data report, the top three districts in Phnom Penh. Daun Penh District, Makara District, and Chamkarmon District. Daun Penh District has the most expensive land in Cambodia. The highest average price of land on the main road is $ 7,875 per square meter, and the highest average price of land on the secondary road is $ 4,313 per square meter.
The reason why Daun Penh’ land prices are highest in Phnom Penh. A very important reason is there are many cultural sites and historical sites in the district. It is a gathering place for Cambodia's central government agencies and foreign embassies in Cambodia. .
Daun Penh District's real estate market is relatively mature, the land market is popular. At present, most of the land for sale is hard title property with a moderate area and the price is about 5,000 US dollars per square meter.
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