| Friday, 31st December 2010 Source : HVS International |
According to Cambodia’s National Valuers Association, land prices in Phnom Penh, Cambodia, are continuing to fall quarter-on-quarter.The value of commercial and residential land prices fell by between 2% and 3% in the third quarter of 2010 compared with the same quarter in 2009.
Commercial land was estimated to be worth US$2,800 per square metre, down from US$2,850 in the second quarter of 2010.
Residential land on the other hand was estimated to be worth US$1,600 per square metre, down from US$1,650 for the second quarter of the year as well.
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