All quiet in Siem Reap for houses and land

Although Siem Reap is known as the land of smiles, the growth of the culture, civilization and power, the real estate sector in the province for the first six months of 2013 has not increased a great deal.

The buying or selling of properties in Siem Reap for the first six months of 2013 has seen very little activity, Po Eavkong, Managing Director of Asia real Estate Cambodia Co, Ltd, said.

Now land in the commercial areas and on the main roads in Siem Reap ranges from $1,500-$2,000 per square metre, while land along National Road No 6 to the Royal Palace is between $600-$1,000. Housing land is between $100-$300 per square metre or higher, depending on the location. …

Dith Channa, the General Manager of VMC Real Estate Cambodia, said much the same thing, but added that buying or selling land in Siem Reap has seen a small increase of between five to 10 per cent when compared to the same period in 2012. …

http://www.phnompenhpost.com/real-estate/all-quiet-siem-reap-houses-and-land