First half sees values spike for prime residential areas

6 September 2014
The Phnom Penh Post
Economy and commerce / Industries / Real estate
Boeung Keng Kang 1 / Knight Frank Prime Asia Development Land Indices / Tonle Bassac

Property prices in Phnom Penh’s prime residential locations increased by 13.7 per cent in the first half of 2014, while prime office development land prices increased by 7.6 per cent, according to Knight Frank Prime Asia Development Land Indices.

Ross Wheble, the independent global property consultancy’s country manager, said the main driver was the improving quality of new development projects, which were catering to previously unmet demand. …

 Sum Manet
http://phnompenhpost.com/real-estate/first-half-sees-values-spike-prime-residential-areas

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