Compass Real Estate > Cambodia Investment Guides > Introduction of Daun Penh

Introduction of Daun Penh

1449
2020-05-15
Summary:Introduction of Daun Penh. How about housing price ? How about rent-housing market?

Daun Penh
Daun Penh District is one of the four core urban areas in Phnom Penh. It is located in the northeast of Phnom Penh. It is located east of Monivone  Avenue, north of Sihanouk Avenue and west of Tonle Sap River. The area of Daun Penh District is 7.4 square kilometers, with a population of about 126,000.
 Landmarks: Phnom Penh Palace, Central Market, Wat Phnom, Old Night Market.


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Daun Penh District is the earliest and oldest developed area in Phnom Penh. There are three markets, namely. Daun Penh District is a place whcih gathering almost all historic relics in Phnom Penh. At the same time, it is a gathering place of Cambodian central government agencies and foreign embassies in Cambodia.

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As the economic center of Phnom Penh, many well-known domestic and foreign financial institutions and banks gather in Longbian District. The headquarters of Anda Bank, Bank of Canada, Bank of China Cambodia Branch, Industrial and Commercial Bank of Cambodia Branch, RHB Bank, ANZ Royal Bank, CIMB Bank and many other banks are in this area. The Cambodian Stock Exchange is also in this area. Area.
Rent Price in Daun Penh District in 2019:
The current rental situation of apartments in Daun Penh District is as follows: the rental price of one-bedroom is 550 $/month-750 $/month, the two-bedroom is 1200 $/month-1400 $/month; the rent of warehouse is about 3500 $/month for 500 square meters; and the rent of office space is about 2500 $/month for 200 square meters.
New housing prices in Daun Penh District in 2019:
Because of its early development and high land price, the number of new buildings in Daun Penh District is relatively small. At present, the average selling price of new houses is 2700 $/ and most of them are high-grade apartments with a small number of shops. The representative buildings in this area are Phnom Penh No. 1 project and Yuetai Phnom Penh Port.
Land prices in Daun Penh District in 2019:
According to the latest land report, the highest price of land in Daun Penh District is Phsar Thmey, with the highest price around the main road reaching 12,000 US dollars per hectare, which is the highest of all land prices in Phnom Penh. The price of land around the sub-main road in Phsar Thmey is 2700-4500 $/.
Next is Phsar Kan Dal, the land price around the main road is 5000 $/-10000 $/, and around the secondary road is 2700 $/-4500 $/; followed by Chak Tok Muk, with the highest land price reaching 9000 $/.
Please refer to the table below for details of land prices in each sector.

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Disclaimer: The re-forward articles on Compass website are for the purpose of conveying more information, and it does not mean that the Compass website agrees with its views or confirms the authenticity of its content. Article noted as "Source: Compass original", please note that the source from Compass. The content of the article is for reference only and should not consider as investment advice, and it does not mean that Compass agree with its views.

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