Residents concerned over low land price
At least 22 families living in the capital’s Chamkarmon district say they are being forced to sell their land at below market value to Thailand’s Bun Roong Company in order to make way for a housing development. Village representative Chhim Veasna said on Wednesday that the families, living on a parcel of land in Tonle Bassac commune known as T85, had received a notice from the Council of Ministers mandating that they sell their land for US$400 per square metre. The villagers say their land is worth between $2,000 and $2,500 per square metre…
