Property prices remain flat in Phnom Penh
Despite signs that demand is starting to come back to the real estate sector, an oversupply in the market has kept prices for commercial and residential properties in Phnom Penh flat over the past 12 months, according to data from Bonna Realty Group. Prices for commercial property east of Independence Monument this month remained the same as in October 2010, averaging between $3,000 and $4,000 per square meter, while residential property prices along the riverside also stayed flat, going for between $2,000 and $3,500 per square meter…
