Compass Real Estate > Cambodia Real Estate Information > Phnom Penh property investment thriving, land in Chroy Chongva district from $ 60 / ㎡

Phnom Penh property investment thriving, land in Chroy Chongva district from $ 60 / ㎡

2020-02-22
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Summary:The Chroy Chongva District has unique geographical advantages. It has remarkable development potential and attracted many investors to settle in. The land price has been rising all the way.

Phnom Penh's investment is booming, and land prices have been rising all the way. The land prices in the four core areas have reach to $ 5,000-12,000 per square meter. In the face of rising land prices, land in the core business district is also becoming rare, and urban development is gradually expanding to the surrounding areas.

Chroy Chongva District is the only way to Siem Reap and Kampong Thom. The area is surrounded by water, the air is fresh, and the field of vision is wide and open. It is suitable for the construction of large-scale garden communities. Both Chroy Chongva Satellite City and Li Yongfa Satellite City are located this district. Although the satellite city still under construction, it has attracted a lot of people to buy property, and a good ecological environment is very livable.

Chroy Chongva District is also the place where the Southeast Asian Games will be held in 2023. At present, the Cambodian government is working with investors to improve regional traffic conditions. Multiple bridges connect the Phnom Penh Economic Center. With high-end  planning, many people predict Its the future, Chroy Chongva will be a comprehensive living area integrating high-end living, business, entertainment, tourism and leisure. It will also replace TK District as a new rich area in Phnom Penh.

Chroy Chongva District has obvious geographical advantages and huge development potential, attracting many investors to settle in this area, and the land price has been rising all the way. Today we recommends low-cost land resources in Chroy Chongva District, let us have a look.

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