Land prices in Phnom Penh’s Dangkor district rose 35 percent from 2012 to last year due to the increasing number of development projects, enhanced infrastructure and geographical location, according to a report by Vtrust Appraisal, a property valuation company.

Vtrust Appraisal’s research report on the first-quarter of this year found that land located in the vicinity of Street 217, the main street in Dangkor, is currently priced between $400 and $800 per square metre, while land located relatively far from the street is priced as low as $10.

The most populous areas in the district are adjacent to Sangkat Steung Meanchey and Boeung Tumpun in Meanchey district.

Vtrust Appraisal’s director of research, Hoem Seiha, said the rapid growth of Phnom Penh’s central area is now spreading into many areas in Dangkor district, and that the fast-developing communes in the district include Dangkor, Prey Sar, and Choeung Ek.https://www.phnompenhpost.com/post-property/land-prices-rise-capitals-dangkor