Compass Real Estate > Cambodia Investment Guides > Cambodia Phnom Penh Regional Investment Guide - Chamkarmon

Cambodia Phnom Penh Regional Investment Guide - Chamkarmon

740
2020-05-15
Summary:Chamkarmon is located in the core area of Phnom Penh and includes BKK1, the Tonle River District, which is known as the Embassy District. As a hot residential area, rents, house prices and land prices are relatively high.

   Chamkarmon

Chamkarmon is located to the south of Sihanoukville Avenue on the central axis of Phnom Penh, east of Princes Avenue of Moni Lie, north of Yothapol Khemarak Phoumin Blvd (271 Road) and west of Tonle River. It has a population of about 180,000 and an area of about 10.8 square kilometers. Chamkarmon is one of the most central areas in Phnom Penh with 12 sub-districts. Due to its many attractions, Chamkarmon is the most popular area for tourists in Phnom Penh, and it is also a gathering place for foreigners. 

Representative landmarks: Independence Monument, Chinese Embassy, Naga World, Slaughter Museum, Sofitel Hotel Among them, Boeng Keng Kang Muoy (BKK1), Boeung Keng Kang Pir (BKK2) and Boeng Keng Kang Bei (BKK3) are considered to be the most sought-after gold residences in Cambodia. BKK1 is also known as the Embassy Special Zone and is located south of Sihanoukville, east of Monivong Avenue, north of Mao Zedong Avenue, and west of Norodom Avenue.In the rapid urban development of Cambodia over the past 20 years, BKK1 has been a gathering place for NGOs, expatriates, businesses, tourists and business offices, and has concentrated embassies in more than a dozen countries.

news/1565335135989341.jpg


Tonle Basak is adjacent to Baise River in the east and BKK1 in the west. It is the most concentrated area of Phnom Penh entertainment venues, including the famous NagaWorld,  Aeon Mall and Sofitel Hotel. 

Price of housing

Chamkarmon in the core area of Phnom Penh is also a place where developers are keen, including developers such as Yuetai and R&F, and there are 24 new buildings in Chamkarmon. The average price is around 3000$/m2. For renting, the rent of one-bedroom apartment in Chamkarmon Apartment is about 700$/month, and the rent in two-bedroom apartment is about 1500$/month. In terms of second-hand housing, the average price of apartment in Chamkarmon is about 2700$/m2.

Land price

The overall land price of Chamkarmon is relatively high. The land price around the main road of the BKK1 embassy district is 4000$/m2-9500$/m2, and the land price close the secondary road is 3000$/m2-4500$/m2; The land price close the main road of BKK2 is 4000$/m2-6500$/m2; the price of land close the secondary road is 2000$/m2-3500$/m2; The land price close the main road of BKK3 is 4000$/m2-6500$/m2, and the price of land close the secondary road is 2000$/m2-3500$/m2; The price close the main road of Olympia is 4300$/m2-8000$/m2, and the price of land close the secondary road is 2500$/m2-4500$/m2;

Following figure for other sub-district land conditions:

news/1565335222880253.jpg


Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

0

Share
Latest comment
0/500
{{MemberInfoData.nickname}}
{{MemberInfoData.tel_arr[0].showtel}}
  • Rent
    {{MemberInfoData.house_num.rent}}
  • Buy
    {{MemberInfoData.house_num.buy}}
  • Land for rent
    {{MemberInfoData.house_num.land_rent}}
  • Land for sale
    {{MemberInfoData.house_num.land_buy}}
Compass customer
{{MemberInfo.show_company_name}}
{{showTime.show_time}} active
Image is being sent:
Message loading
Message failed to load, click to try again
{{emoji.emoji}}
OBTAIN
Send a business card to{{ taname }}
Start sending
Cancel
No recent contacts
  • {{ind.unreadMessageCount}}
    {{ind.nickname}}
    {{ind.sentTime | time}}
    [图片]
    [语音]
    [视频]
  • Recent contacts are loading
  • {{item.nickname}}
{{send_title}}
  • {{follow.house_name}}
    {{follow.house_province}} {{follow.house_city}}
    {{follow.currency_price_sold_price.start}}{{follow.currency_price_sold_price.mid}}{{follow.currency_price_sold_price.end}}
Selected({{checked_length}}/3)