Land prices rise sharply in three Phnom Penh districts

Thanks largely to international companies investing in and developing real estate, especially residential and commercial buildings, Khan Sen Sok, Khan Mean Chey and Khan Dangkor districts in Phnom Penh are experiencing significant land price changes.

According to a report by Key Real Estate comparing the land prices in 2017 and 2018, Khan Sen Sok has increased by 17.1 percent. Land prices per square metre for land adjacent to major roads ranges from US$450 to US$3,500, while land on smaller roads costs between US$200 and US$1,500. The report also emphasised the impact of land being developed in the residential and commercial areas on projects such as Aeon Mall 2 and Macro.

Meanchey district has seen a 16% increase in land prices between 2017 and 2018, with prices between US$650 and US$3,800 per square metre for land adjoining main roads. For land close to sub-road, prices range from US$400 to US$1,300 per square metre.

In Dangkor district, land prices in 2018 have also seen great variation, prices ranging from US$35 up to US$2,000 per square metre for land next to the main roads. Meanwhile, for land located next to smaller roads, prices range from US$10 to US$400 per square metre.

These increases in land prices are due to increased investment in almost all sectors by foreign investors in Cambodia, especially in the construction and real estate sectors.

- Video Advertisement -

Related Post

Mekong River Bridge in Kratie Province Approaching Completion

The long-awaited Mekong River Bridge, stretching 1,761 meters, is on the verge of completion, now standing at an impressive 89.84%. Local authorities anticipate the temporary opening to the public in September 2025, marking a significant milestone in the region’s infrastructure development. His Excellency Lim Sidenin, Secretary of State and Project Director, provided insights during a […]

In 2024, Cambodia Signed New Concessional Loans Totaling USD 1.7 Billion

In a significant move to bolster its economic development, the Royal Government of Cambodia (RGC) has secured new concessional loans totaling approximately USD 1,795.84 million from various development partners (DPs). This marks a 2 percent increase from the previous year’s total. According to the latest Cambodia Public Debt Statistical Bulletin released today, the newly signed […]

Cambodia Strengthens Irrigation Systems to Boost Agricultural Productivity

In a recent press conference held on March 2, 2025, His Excellency Tho Jetha, Minister of Water Resources and Meteorology, announced that Cambodia is home to an impressive 2,352 irrigation systems, which collectively can irrigate nearly 2 million hectares of agricultural land across the nation. Highlighting the significance of water resources for the national economy […]

Strengthening Economic Ties: Cambodia and India Boost Trade Relations

In a move to elevate bilateral trade relations, Cambodia and India have reported a significant increase in their trade volume, now exceeding $340 million. This announcement was made during separate discussions between Samdech Techo Hun Sen, the Acting Head of State of Cambodia, and H.E. Bawitlung Vanlalvawna, the Indian Ambassador to Cambodia, as well as […]

Council for the Development of Cambodia Empowers Subnational Investment Committees

In a significant move to streamline investment processes, the Council for the Development of Cambodia (CDC) has announced the delegation of authority to capital and provincial investment subcommittees to register investment projects under the Cambodian Investment Project Management System (cdcIPM). This initiative is set to take effect in the third quarter of 2025. On March […]

Gov’t Introduces Measures to Enhance Water Management in Cambodia’s Agriculture Sector

In a concerted effort to tackle the pressing challenges in water resources management, the Economic and Financial Policy Committee of Cambodia convened on March 5, 2025. The committee unveiled a comprehensive plan comprising three key measures aimed at improving water management within the country’s water and agriculture sectors. During the meeting, members deliberated on the […]