Compass Real Estate > Cambodia Real Estate Information > News > After the announcement of the construction of the bridge,land price in Kohlen Chann is high than before

After the announcement of the construction of the bridge,land price in Kohlen Chann is high than before

2019-01-17
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Summary:The price of land in Kohlen Chann in Kandal province has risen sharply after thr Royal Government of Cambodia announced the groundbreaking ceremony of the official construction of the third ring,and two bridges will be built across the island in the middle of the Bassac River .

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Koh Anloungchann council president Chrang Chieng said yesterday that land prices on Koh Anloungchann. long time ago price One gold  price but this price is on the size Land of approximately 1000 square meters.

    Later, the price of the land has increased to US $ 30,000 per lot. But after Samdech Techo HUN SEN launched the groundbreaking ceremony of the 3rd Ring Road , then the price of the land on Kohlcheon Island has risen to about $ 80 to $ 100 per square meter. this price is more high than before .

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He said: "Right now, if people are decla to sell land, there will be buyers coming down to buy now, but nowadays, people seem to be waiting to see however The vast majority of people do not intend to sell their land, and their homes,  and their land .they won`t sell it because they want to live here .

    Vice Chairman of Real Estate Association of Real Estate in Cambodia, Mr. Yen Leang Kong said that he was not surprised by this increase in land price because infrastructure development was one of the major factors to this. so the Land prices in here are rising.

    He said that the government infrastructure investment not only helped to increase property prices, but also as part of socio-economic development, especially reducing people's poverty and narrowing the gap between urban and rural development. "The factors that make land prices increase are more like peace, increasing the flow of investment," he said. Unless the foreign and development plan of the government. "

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