- Close to Aeon 3
- Close to schools
- Development potential
- Good ROI
- hard title
- Road access
This 1.4-hectare land parcel (comprised of three hard title) is now available for sale Chhea Teal, a prime location in Chbar Ampov, on the border of Kandal Province, 30km from Phnom Penh centre.
It is a unique block, close to National Roads 21A & 21B with about 200 metres of road frontage, ready and waiting for a smart investor.
The property could be merged into one large single block or subdivided into many smaller properties and sold off developed or not.
Because of the property’s uniqueness of size and shape, it has a quality with good potential for serious investors looking for ‘something different’.
Direct road access to and from Phnom Penh city centre and AEON 3 is a breeze and currently you will be only 20 minutes to the new International Airport.
- 200m+ street frontage
- 3 contiguous blocks, ready for development
- Special negotiable price available for the right buyer
- 30 minutes to AEON 3
- 12 minutes to National Road 1
- 8 minutes to Vattanac Golf Club
- Hard title
We invite you to come and see this land parcel for yourself.
Original ID: CAM.CT1
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We have apartments, condos, office spaces also Siem Reap, Kampot and Sihanoukville.
Chbar Ampov: forgotten, outlaying and expanding
According to the World Bank, strong economies are highly urban. Cambodia has 21% of its population living in urban areas whereas countries with similar GDP (Bangladesh, Kyrgyzstan) are 35%.
By 2050, Cambodia’s rate is likely to catch up.
Phnom Penh is the largest city in the country with 2 million+ residents serving as a global gateway.
It has plenty of opportunity and robust planning is starting to address congestion in this fast-changing city.
Locations like this are now getting more attention as they have suitable options near the city centre.
The PPSEZ about 5km past the airport is an example of phased activity to move activity out of the city centre.
This will allow westward growth and development in Chbar Ampov will stretch the city east and south.
With projected growth and ongoing investment, this location is ripe. Now is a good time to look before everyone else does.
2022 property market healthy enough?
Despite claims the Cambodia property market is not healthy enough in 2022 to compete globally, there is evidence this is not the case.
The sector has ridden a massive wave of direct foreign investment, mostly from China, with no foreseeable limit, despite COVID-19.
Good guide to investing
Here is a good guide to investing in Cambodia that should steer you away from total financial disaster.
The real estate market in Cambodia is extremely varied, more so than most countries, which can make investing either a smooth journey or a rocky one.
What separates a successful from unsuccessful investor is not pure luck, as many think, but the ability to recognise and avoid mistakes.
Investing in Cambodia is no different, so here are some things to consider before you part with your hard earned cash.
Innovative Cambodia my 2nd home program
Cambodia my 2nd home (CM2H) is an innovative initiative recently launched by KHCA (Khmer Home Charity Association) in association with the Ministry of Interior (MOI).
Its aim is to help foreign nationals enjoy a series of measures to facilitate living and business in Cambodia.
Benefits for participants include – a 10 year unlimited entry / exit visa and, after 5 years, then eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.
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- ID: 19371
- Published: July 6, 2023
- Last Update: July 15, 2023
- Views: 950