Compass Real Estate > Cambodia Real Estate Information > News > Experts: The land in three areas in Phnom Penh is getting the highest price

Experts: The land in three areas in Phnom Penh is getting the highest price

2019-04-11
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Summary:Out of the 14 districts of Phnom Penh, three districts including Khan Chamkar Mon, Khan Beng Keng Kang and Daun Penh were assessed by real estate experts to be more expensive in thess areas and will continue to grow in the future. While the demand in these areas remains.

Out of the 14 districts of Phnom Penh, three districts including Khan Chamkar Mon, Khan Beng Kang and Daun Penh were assessed by real estate experts to be more expensive in the areas and will continue to grow in the future. While the demand in these areas remains.


Director of Key Real Estate Co., Ltd. Mr Sorn Seak said that the value of immovable property in three Khans is continuing to have its potential, including Phnom Penh's Daun Penh and Khan Boeng Keng Kang, recently established by the government. However, he stressed that the above mentioned three districts did not mean the price of land or the value of the immovable property is equal, but there were some areas that were up and some prices kept the same as usual.

He said that the area of Chamkar Morn, which is of interest to international investors, is the Diamond Island, which is growing strongly on the construction of international commercial buildings and is a region widely recognized by the general public There is also potential. In the Koh Pich area, prices range from $ 4,000 to $ 5,000 per square meter, and on the other side of the island, the Koh Pich Dragon Bridge to the NAGA 1, NAGA2, is similar to the Koh Pich region.

In Boeung Keng Kang, there are some areas that keep prices comparable to last year, but in Boeung Keng Kang 1, there may be somewhat higher rates because the area is surrounded by major roads, including Mao Tse Tung Road Preah Monivong, Preah Sihanouk Blvd, and Norodom Boulevard. Depending on the area, the potential property area makes the land is between $ 4500 and $ 5,500 per square meter or some locations may be higher depending on the location and the size.
In addition, Daun Penh district, which is located in the area of Russey Keo, which is home to a large number of specialized banks, commercial banks and microfinance institutions, is currently ranked the highest in the region. An average of between 6,000 and 7,000 dollars per square meter.

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