Cambodia’s land prices are rising amidst strong economic growth
This content is archived.
After being depressed for several years, Cambodia’s property market is now recovering slowly, fuelled by strong economic growth and the new foreign ownership law.
Despite the absence of official property price statistics, land prices in the country were estimated to have been rising recently. In Phnom Penh, Cambodia’s capital, land prices rose by an average of 15% during the first half of 2013 from the same period a year earlier, to US$2,350 per square meter (sq. m.), according to local real estate experts.
The rest of this archived report is part of Full Access.
