Magnificent 0.65 hectare land for sale and rent Koh Rong island

M7VJ+WF Preah Sihanouk, Cambodia

Features

  • Development potential
  • Good ROI
  • hard title
  • Non-flooding
  • Road access
  • Tourism location

Details

Abode presents this hard title 0.65 hectare property ‘ SE Asia Deal of the Decade ‘ for sale and for rent on beautiful Koh Rong Island.

Fully cleared on the southern side of a gently sloped hill, it is ready for development.

A sealed road is being built adjacent to the plot. $60/sqm is a great opportunity to buy one of the best properties in Asia.

https://www.youtube.com/watch?v=zTzXW6QDWxE

Original ID: KR.002

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We have apartments, condos, office spaces also Siem Reap, Kampot and Sihanoukville.

Investment confidence returning in 2024

As the dreary years of 2019-2023 fall away, confidence is returning that the coming months will generate activity essential for a healthy property sector as foreign investment returns to pre-pandemic levels.

The presence of apparent current empty stock, combined with that yet to enter the market, long-term investment is still appealing to foreign investors in this largely stable market.

Many agree that Cambodia weathered the pandemic well and, despite a glut of stock, quality projects will do well as sophisticated investors expect more from developers.

Confidence returning to Cambodia

Koh Rong

Koh Rong Island is the second largest island in Cambodia 25km off the coast in the Gulf of Thailand. It covers 78sqm and is blessed with 43km of beaches.

The Royal Group has a 99 year lease and will build Asia’s first planned resort island.

There are few people, dirt roads, no cars, no traffic jams and the speedboat from Sihanoukville takes 45 minutes.

The US version of Survivor seasons 31 and 32 were filmed in Koh Rong.

About Kampong Som

Sihanoukville (Kampong Som) is a coastal city and capital with the same name.

It is located in the country’s south west on the Gulf of Thailand. The city is surrounded by beaches and marsh lands bordering Ream National Park.

The city has one navigable river, the Ou Trojak Jet running from Otres Pagoda to Otres. A number of islands are nearby which have seen recent development.

In the last few years, the area has seen unprecedented levels of Chinese investment with around 100 casinos opening up in the city.

The city’s profile has changed significantly with thousands of mainland Chinese workers, developers and investors settling there.

In 2019 nearly 80,000 Chinese lived in Sihanoukville (90% of the city’s expat population) making it a major city in China’s One Belt One Road Initiative.

Phnom Penh Sihanoukville Expressway (PP – SHK Expressway)

When operational in 2023, the Expressway will be the largest in the country, providing a fast link between the two cities.

  • PROJECT TYPE: 2 + 2 lane Expressway
  • MAX SPEED: 100 km/h
  • LENGTH: 190 km
  • WIDTH: 24.5 metres
  • DEVELOPER: China Road & Bridge Corporation (CRBC)

Feasibility study completed by JICA 2006 – 2018 and construction started in 2019. The road starts at Tomnup Kob Srov Road in Phnom Penh, runs along the west side of NR 4 to Chbar Mon. There it crosses over NR 4 and continues along its east side to Sihanoukville.

The project includes 89 bridges, 4 rest stops, petrol stations and crash barriers for convenience and safety.

Project cost US$2B – partnership with CRBC and the governments of Cambodia and China. The China Road and Bridge Corporation (CRBC) is the principle contractor and ongoing costs will come from road users via toll booths.

  • Link between the capital and main seaport
  • Reduce transport time by 50% to 2½ hours
  • Ease traffic flow on NR 4 and enhance safety
  • Create 6,000 construction jobs and 2,000 operations jobs

Tourism Infrastructure

According to the Tourism Infrastructure Project, tourism – specifically Kampot, Kep and Koh Kong – is expected to increase 500% by 2025.

Further, the Government’s Tourism aims to enhance (i) travel connections; (ii) product development; (iii) tourist safety; (iv) marketing; (v) the business environment; and (v) HR development.

Tourism Growth Project

 

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