Real Estate in Sen Sok District in High Demand

• 3 October 2018
• Local News
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Thanks to extensive ongoing development in the area, Sen Sok district is the most in demand area in Phnom Penh among real estate buyers, according to local experts.

Real estate analyst and CEO of Key Real Estate Co. Ltd. Mr Sorn Seap told Construction&Property Magazine on 3 October, 2018 that property in Sen Sok district is currently attracting the most buyers compared to other districts in the capital and that the area will continue showing great long term potential.

His analysis is in line with a recent real estate survey by a local firm showing that 14% of respondents said they are interested in buying real estate in Sen Sok district, the highest rate compared to other districts in Phnom Penh.

“I think the result of this survey should be correct due to the high demand in the market for Sen Sok district,” said Mr Sorn Seap.

In his opinion, the high demand for Sen Sok properties is thanks to the presence of large residential development projects, mega shopping centres, and many other development projects which have been emerging in the area.

At the same time, a survey compiled by Key Real Estate in June 2018 showed that the average land price in Sen Sok district is now between US$500 to US$1,500 per square metre.

Mr Sorn Seap believes that Sen Sok will continue to have great potential in the long run because the area has good infrastructure which makes it very easy for development.

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