Land Price Index by District in Phnom Penh

• 22 April 2021
• Local News
• 10820 Views

Research by Z1 Data Co., LTD (Cambodia) has shown that the outlying districts of Phnom Penh are attracting more and more investment projects in sectors including residential, commercial, and industrial. This momentum is also seeing positive trends in the land price index in those areas as a result

The report has summarized land prices in four potential districts:

1) 7 Makara

This district has a limited number of landed property and condominium projects as the land is already packed with commercial development. This district has the highest land price in Phnom Penh with a maximum of US$9,000/sqm.

The most expensive land plots are those located along Sihanouk Blvd (274) and Oknha Tep Phorn (182), which can be around US$6,500 to US$9,000/sqm.

Meanwhile, the least expensive plot are those located on the Republic of Poland Blvd (163) and Street 164, which costs between US$3,500 and US$5,000/sqm.

2) Prek Pnov

Land prices in this district are still comparatively low due to the fact that it is a non-CBD area, but the district is growing steadily. This region has very great potential as it has more space to attract more development.

The locations with the highest land price within this district are those along the main road (US$360 to US$1,400/sqm). Meanwhile, the price of plots along the smaller roads could cost between US$70 and US$230/sqm.

Land plots in Sangkat Ponsaing have the lowest land price between US$75 and US$150/sqm (for those located along the main roads) and between US$40 and US$90/sqm (for those located along sub-roads).

3) Kambol

This district is a fast-growing district and has been attracting a lot of affordable housing development, given the relatively low land price. Sangkat Kantouk has the highest land price, from US$350 and US$2,000/sqm (for land adjacent to main roads) and from US$150 to US$500/sqm (for those plots located on the small roads).

Sangkat Boeung Snor and O’Lok have the lowest land prices, between US$80 and US$120/sqm for the main road location and between US$20 and US$80/sqm for the small road location, respectively.

4) Chamkarmon

Chamkarmon is one districts with the highest land prices ranging between US$2,500 and US$ 8,000 /sqm.

• Analysis
• Knowledge and Key Success