Property ID : K00011
Buy $850,000 - Land
Lux Realty are delighted to list this Giant Plot of Land for Sale in Kampong Speu.
With 85,000m2, this vast tract of land can be used for multiple residential and commercial ideas. The location is ideal with access closeby to road 129, which becomes 1440 and leads directly onto National Road 4, which runs through vast parts of the country, opening up access routes outside Phnom Penh acting as an ideal transit route for goods.
Situated on the other side is National Road 51, which gives easy access routes into Phnom Penh. The location is almost central between the two roads.
We see Phnom Penh encroaching ever closer to the area, and once things return to normal, if we see the kind of expansion we saw in the 2010s, it is not beyond imagination that Kampong Speu could be on the outskirts of the city by the end of this decade.
Therefore we expect land prices to soar in the area over the coming years, along with the initial spike we will see from Cambodia’s inevitable rebound once travel restrictions are lifted.
International investors are focusing on Cambodia more than its neighbours as the Kingdom is set up to start from 2019, and many investors think they won’t see land prices at these prices again.
If you have been thinking about a sizeable plot of land and the price is within your budget, it is well worth a viewing and consideration. So please do not hesitate to contact us and one of our land agents will be sure to arrange a viewing as soon as possible.
We are contactable via Facebook messenger for enquiries or viewings, [email protected] – 077668890 or 0969609355.