Three outer districts of Phnom Penh top the list of rising land prices.
The number of participants at the Cambodia Property Awards is rising steadily.
The Daun Penh, 7 Makara, and Chamkarmon Districts, all in central Phnom Penh, have the most expensive land in Cambodia’s capital city.
The Kingdom of Cambodia is considered one of the fastest growing economies in Southeast Asia. According to the World Bank, the Cambodian economy has grown by an average of 7 percent, in 2016 and 2017, and expected to grow by 6.9 percent in 2018.
Real estate experts and investors seem not to be worried about the upcoming general election and political situation.
Located in the edge of the northern suburb of Phnom Penh, Sen Sok borders the popular Tuol Kork and is expected to be a very attractive area for middle and high-income families.
The Malaysia-based Rahim & Co International Bhd announce it is expanding into the Asean and Asia-Pacific markets like Cambodia, Vietnam, China and Hong Kong.
Phnom Penh’s sewage system remains an unresolved issue, and heavy rainfall and flooding during monsoon season is having an adverse effect on the real estate market, according to industry insiders.