Phnom Penh’s Sen Sok district has become the most attractive location for gated community projects – better known as borey – compared to the capital’s other districts, a report by real estate firm, CBRE Cambodia said.

Its research showed that 178 borey projects have been completed in the capital. Of those, 45 projects are located in Sen Sok district, followed by Russey Keo district with 31 projects.

The report shows that there are 24 projects in Mean Chey district, 23 in Chbar Ampov district, 18 in Dangkor district and 17 in Por Sen Chey district. The remaining districts contain less than 10 borey projects each.

This is CBRE Cambodia’s first study on the capital’s borey project numbers, so the company does not have data to compare it to, says the report.

CBRE Cambodia senior analyst Kinkesa Kim on Wednesday said borey projects have emerged a lot in Sen Sok district over the last four to five years.

Their increase may have come from a number of factors such as having a large amount of unoccupied land, affordable prices, good road infrastructure, close proximity with central Phnom Penh, and especially many internationally-owned shopping centres.

She said most flats and hybrid villas are worth around $100,000 per unit in Sen Sok district.http://www.phnompenhpost.com/post-property/experts-borey-projects-set-expand-beyond-sen-sok