Looking for commercial development land for sale in Phnom Penh? Our team of real estate experts can help.
Cambodia’s capital city of Phnom Penh is certainly awash with investment and development opportunity. Its skyline is constantly evolving with new high rise condominiums, apartment and office buildings. A property developers paradise where if you know where to look and what to look for there are some great opportunities to acquire land for sale in Phnom Penh to suit your development.
Is there any cheap land for sale in Phnom Penh?
Land for sale in Phnom Penh city center is not cheap, prime locations now command asking prices of between USD $5,000 - $6,000 Per Sqm. With this in mind, it won’t come as any surprise that many landowners have opted to cash in their old French Colonial Villas in favour of selling or leasing their land to a condominium or office development project.
Outside of the city centre there are certainly many available plots of land for sale in Phnom Penh suitable for industrial, agricultural or suburban housing development projects.
The provincial boundaries between both Kompong Speu and Kandal certainly make up the majority of the factory and warehousing options in the current supply. Please see our factory and warehouses for rent in Phnom Penh page for more information.
Consider the future expansion of the city when looking for investment land for sale in Phnom Penh
As Phnom Penh looks set for continued growth for the foreseeable future more investment opportunities will continue to arise in the new key growth areas that make up the municipality of the city.
Knight Frank Cambodia’s commercial property investment experts have overseen numerous acquisitions of land for sale in Phnom Penh and professional real estate consultancy is always advisable to better understand the key growth areas and investment opportunities in Phnom Penh.
Can foreigners own land in Phnom Penh?
By law foreigners are not permitted to own land outright in Cambodia, for more information on the different options available for foreign ownership please visit our land for sale in Cambodia page linked here https://www.knightfrank.com.kh/land-for-sale-in-cambodia
For more up to date information on available land for sale in Phnom Penh please contact the team at Knight Frank via the details below.
Please contact our professional team of real estate agents at +855 23 966 878 or enquiry@kh.knightfrank.com if you are interested in land for sale in Phnom Penh.