Compass Real Estate > Cambodia Real Estate Information > News > Plots selling in the provinces are potentially emerging

Plots selling in the provinces are potentially emerging

2019-03-04
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Summary:activity of land plots and markets are booming And is spreading to provinces of some economic potential, especially in Kandal, Tbong Khmum, Preah Sihanouk, Banteay Meanchey, Siem Reap, Svay Rieng and Kampong Thom.According to land sales agents, the activities of sale land plots began to spread from the outskirts of Phnom Penh to some provinces. As the sector is booming due to increasing demographics, income, people and the national economy, they have maintained strong growth.

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Ben Chanteoun, a land sale agent for a Kampot company, said that nowadays, the search for land for plots for sale on the outskirts of Phnom Penh is almost gone, as the land is expensive and foreign investors come to buy. Many industrial factories. Therefore, the purchase of plots as plots on the outskirts of Phnom Penh has been diminished, but the sector is booming along key national highways and economically-functioning provinces such as Sihanoukville, Kampot, Bavet, Svay Rieng and Poipet. 

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"The increase in plots of land in the provinces, as both domestic and foreign investors see opportunities as the market is doing well," he said. "By early 2019, In Kampot province, the sale of plots has increased before, there are only two or three companies, but today, more than 10 companies have been plotting to double their plots. "

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Similarly, Nai Kea, a land saler, said that the sale of the land saler has been intense since  2018, And that's the same now But in Phnom Penh, nowaday the land price has been to excessive in this city ."The activity  in the provinces, such as in Kampot, Siem Reap, Tbong Khmum, Svay Rieng, is increasing because of the increasing population demographics, the national economy and the income of the population are Increase" he said.

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