By Q2 2022, Landed Property Prices Fall, Compared to Q1 of 2022

• 11 July 2022
• Local News
• 1709 Views

As of the second quarter of 2022, the property prices of four types of houses have decreased compared to the first quarter of 2022, according to a webinar organised by CBRE Cambodia on 07 July 2022.

In the second quarter, flat house prices fell by 2.7% with average prices of between US$500 to US$1,000 per square metre. The price of link houses fell by 2% with average prices of between US$500 to US$1,000 per square metre.

Meanwhile, shophouse prices fell by 1.7% with an average price of between US$1,000 to US$1,500 per square metre.

Lastly, twin villas prices fell by 4.9%, with an average prices of between US$1,000 to US$1,500 per square metre.

However, more than 1,700 houses in Phnom Penh were completed in Q2, accounting for 37% of the total expected supply in 2022.