Compass Real Estate > Cambodia Real Estate Information > $0.46/㎡ land in Sihanoukville, bargain price

$0.46/㎡ land in Sihanoukville, bargain price

2020-08-04
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Summary:If investors want to get notable yield, they should observe the market in advance, potential land with cheap price but great appreciation space.

Sihanoukville is the second largest city in Cambodia. Sihanoukville is famed as beautiful beach, the tourist destination of global tourists, the heaven of investors.

Recent years, the traffic of investors has soaring in Cambodia, the real estate value keep increasing, especially the popular of land. The land in core of Sihanoukville price has been doubled and still keep increasing, one square meter even exceed $3500.

According to Compass date, the top three average land prices in 2019 are Phnom Penh, Sihanoukville, and Siem Reap. Phnom Penh ranks first with an average land price of US$1,582 per square meter, followed by Sihanoukville with an average land price of US$1,487 per square meter.

The price of land in Sihanoukville has doubled and increased, not only Sihanoukville is the only special economic zone in Cambodia, it has a unique geographical location, complete water&land& aviation facilities, but also has advantages in population, manufacturing, finance, and transportation. In addition, as a typical project of the Belt and Road initiative, Sihanoukville can fully enjoy the policy dividend.

The stable postive development of Sihanoukville makes land more and more popular. With the increasing price of land year on year, the investment cost became higher and higher. If investors want to get notable yield, they should observe the market in advance, potential land with cheap price but great appreciation space.

There are land in Sihanoukville with cheap price, even cheap as $0.46/㎡,if anyone interested in land, please check it.

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