Based on the Q1-2026 market data from IPS Cambodia, the Phnom Penh real estate landscape shows distinct pricing tiers across its various districts. While the market is diverse, several key trends define the current land value environment:
High-Value Central Business Districts
The core of Phnom Penh continues to command the highest prices, driven by commercial density and premium residential demand.
- Daun Penh: This remains one of the most expensive areas, with primary roads in communes like Phsar Thmey and Phsar Kandal reaching peaks of $11,000 to $12,000 per square meter.
- Boeung Keng Kang (BKK): Maintaining its status as a premier residential and commercial hub, BKK 1 sees maximum land prices on main roads reaching approximately $9,000 per square meter.
- 7 Makara: This district also shows significant high-end value, with prices in areas like Orussey and Boeung Prolit peaking at $7,200 per square meter on main thoroughfares.
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Important Disclaimer: The information provided in this article is based on market data and valuations compiled by IPS Cambodia for the first quarter of 2026. These figures represent average price ranges and are intended for general informational purposes only. Real estate prices are subject to frequent change based on specific property conditions, exact location, and market fluctuations. We recommend consulting with a professional real estate advisor or valuation expert before making any investment decisions.
Rapidly Developing Secondary Hubs
Districts just outside the immediate city center are seeing robust valuations as the city expands.
- Tuol Kork: Known as a popular residential alternative to the city center, land on main roads in communes such as Boeung Kak 1 and 2 is valued between $3,100 and $5,500 per square meter.
- Chamkarmorn: Areas like Tonle Bassac and Tuol Tumpoung remain highly sought after, with main road prices ranging from $3,700 to $6,900 per square meter.
Emerging Growth and Outer Districts
The periphery of the city offers more accessible entry points for industrial and large-scale residential developments.
- Sen Sok: A major growth corridor, with prices in popular areas like Phnom Penh Thmey and Teuk Thla reaching up to $3,600 per square meter on main roads.
- Chroy Changva: Prices here vary significantly, with the developed southern tip reaching $3,200 per square meter, while more rural communes like Koh Dach remain as low as $100 per square meter.
- Peripheral Zones: Districts such as Kambol, Prek Pnov, and Dangkao offer the lowest price points, with some rural land starting as low as $20 to $50 per square meter.
Infrastructure and Road Access
A critical factor across all districts is the disparity between “Main Road” and “Sub-Main Road” pricing.
- Land located on a primary thoroughfare often commands a premium of 50% to 100% or more compared to land on smaller secondary roads within the same commune.
- In high-density areas like Daun Penh, even sub-main road prices can exceed $4,000 per square meter, whereas in outer districts, these secondary plots are often available for under $200 per square meter.
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