Phnom Penh: Three new districts of Phnom Penh have been transformed into Central Business Districts, including Meanchey (60 meters), Chroy Changva and Sen Sok, as these districts have been growing rapidly, with lots of infrastructure, buildings and commercial centers.
Mrs. Grace Rachny Fong, CEO of Century 21 Cambodia, said that Cambodia’s economy has grown over the years, prompting Phnom Penh to have a much larger infrastructure that requires the government, or the relevant authorities continue to strengthen the construction of better infrastructure to respond to the growth of the country’s commercial and economic buildings.
“As more and more commercial buildings are being built; in the growing district, there are demands for fire protection materials and the quality of the construction is thoroughly inspected to avoid any risks,” she said.
Meanwhile, property prices in these thriving districts are also high compared to other districts in Phnom Penh, and from year to year, property prices in these areas continue to rise, depending on the actual size and location.
In Phnom Penh, there are a total of 14 districts, including Prek Pnov, Chroy Changva, Sen Sok, Meanchey, Russey Keo, 7 Makara, Chbar Ampov, Toul Kork, Daun Penh, Chamkar Mon, Por Senchey, Dangkor, Boeung Keng Kang and Kampol, which are seeing many investment projects, including infrastructure, construction, buildings and housing.
The Prime Minister Hun Sen said that Phnom Penh today has made progress in all areas, including infrastructure, building construction, high-rise construction, land expansion, etc., unlike in the past.
Prime Minister said, “That is why in Phnom Penh now we are looking at the growth and Phnom Penh has expanded from about 300 square kilometers to 700 square kilometers.”
Currently, some districts such as Chamkarmon, Boeung Keng Kang, Toul Kork and Daun Penh have become commercial areas, with infrastructure and high-rise buildings growing more and more.