Awesome value 4-hectare seafront land for sale | Sihanoukville

MGCP+GM Preah Sihanouk, Cambodia

Features

  • Development potential
  • hard title
  • Road access

Details

This large (4 hectare) hard title seafront land parcel is now available for sale near the Sihanoukville Steung Hav Power Station.

The property is comprised of three titles on two blocks (2.87 hectares + 1.18 hectares) separated by an access road.

  • The parcel has a sea frontage of 250 metres.
  • Hard title (all three)
  • Price: $180/sqm

Property ID: SHV.A3

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We have apartments, condos, office spaces in Phnom Penh, Siem Reap and Sihanoukville.

 

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.

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

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.

READ MORE

 

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.

READ MORE

 

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 in the Cambodia my 2nd home program include – a 10 year unlimited entry / exit visa and, after 5 years, they are eligible to apply for a Cambodian passport and enjoy the advantages of the ASEAN network.

 

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.

 

Drone footage of Kampot (Jeff Perigois)

Tourism Growth Project

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Phnom Penh real estate market

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