Land prices in Siem Reap spike 15 per cent

Strong economic growth and an increase in tourism had driven Siem Reap land prices, according to an industry expert.

Sorn Seap, general manager of Key Real Estate who had studied land prices in Siem Reap town, said land prices in Siem Reap town increased about 15 per cent in the first half of 2013 to $950 per square metre compared with $825 per square metre in the same period last year. ...

The study on real estate prices divided Siem Reap town into nine zones: zone A is located on Pub street and land there is priced between $2,300 and $3,000 a square metre; zone B, which is from Phsar Kandal market to National Road 6, is priced between $1,300 and $2,000 along main thoroughfares and between $500 to $1,000 along smaller roads. ...

Siv Meng
http://www.phnompenhpost.com/real-estate/land-prices-siem-reap-spike-15-cent