Sen Sok Attracts Most Boreys While Chroy Changva Becomes Most Popular

Among the 12 districts in Phnom Penh, Sen Sok district holds most borey projects while Chroy Changva district is becoming more popular, according to the first quarterly report by international real estate agent CBRE Cambodia issued on 09 April 2019.

Among the four sectors studied, the landed property sector is becoming one of the main sectors for the property market with the report finding that Sen Sok district has attracted more than borey 45 projects. In contrast, Toul Kork district has the least number of boreys with less than 5 projects in the first quarter of 2019.

However, for future development trends, CBRE Cambodia said that Chroy Changvar district is gaining popularity amongst mid-range to high-end developers.

Regarding types of boreys including flats, link houses, shophouses, twin villas, and villas, the flats and link houses are the most popular unit types.

Average prices of those unit types range from US$101,144 for flats, US$108,505 for link houses, US$202,775 for shophouses, US$262,472 for twin villas, and US$789,629 for villas.

- Video Advertisement -

Related Post

Cambodia Launches Institute of Automotive Technology and New Energy Industry

In a significant step towards bolstering innovation in the automotive sector, Cambodia officially inaugurated the Institute of Automotive Technology and New Energy Industry, led by HE Hem Vandy, Minister of Industry, Science, Technology, and Innovation. During the launch event, Minister Vandy highlighted that the institute aims to equip individuals with essential skills, foster industrial innovation, […]

Nobel Prize Winner in Physics Plans to Establish Laboratory in Cambodia to Empower Youth

In a groundbreaking announcement, Professor Sir Konstantin (Kostya) S. Novoselov FRS, an esteemed Nobel Prize winner in physics, has unveiled his ambition to set up a state-of-the-art laboratory in Cambodia. This initiative aims to nurture and expand the skills of Cambodian youth in the fields of science and technology. During a pivotal discussion with Samdech […]

Cambodia and China Join Forces to Enhance Vocational Training Standards

In a significant move to elevate vocational training standards, Cambodia and China have announced the joint establishment of a Vocational Development and Skills Enhancement Center. The initiative was formalized through a Memorandum of Understanding (MoU) signed between the Ministry of Labor and Vocational Training of Cambodia and the Education Development Foundation of Anhui Province, China. […]

Cambodia and China Sign Skills Training Pact to Enhance Workforce Readiness

Cambodia and China celebrated a significant milestone in skills development with the signing of a Memorandum of Understanding (MoU) between Zhejiang Construction Technician College (ZCTC) and Cambodia’s Polytechnic Institute of Pursat Province (PIPP) in Zhejiang. This agreement aims to bolster Cambodia’s technical and vocational education and training (TVET) system to meet the demands of emerging […]

Yalong Partners with the Cambodian Ministry of Labor to Enhance Technical Education

In a significant move to elevate technical and vocational education in Cambodia, Yalong Intelligent Equipment Group Co., Ltd has officially signed a memorandum of understanding with the Ministry of Labor and Vocational Training. The agreement aims to foster international learning exchanges and collaborative efforts geared towards improving the quality of training in this vital sector. […]

Toyota to Plan Technical Training Center for the Automotive Industry in Cambodia

In a significant development for Cambodia’s automotive sector, Toyota Tsusho Manufacturing (Cambodia) Co., Ltd. has unveiled plans to establish a technical training center aimed at enhancing skills within the industry. During a recent meeting between H.E. Chea Wutthy, Secretary General of the Cambodia Investment Committee, and Mr. Kensuke Tsuchiya, President of Toyota Tsusho Manufacturing (Cambodia), […]