Home > Business, Cambodia Business News, Real Estate > Land prices in Cambodia continue to fall

Land prices in Cambodia continue to fall

According to Cambodia’s National Valuers
Association, land prices in Phnom Penh, Cambodia, are continuing to fall
quarter-on-quarter.

The value of commercial and residential
land prices fell by between 2% and 3% in the third quarter of 2010
compared with the same quarter in 2009.

Commercial land was estimated to be worth US$2,800 per square metre, down from US$2,850 in the second quarter of 2010.

Residential
land on the other hand was estimated to be worth US$1,600 per square
metre, down from US$1,650 for the second quarter of the year as well.

www.hvs.com

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