Logo of Phnom Penh Post newspaper Phnom Penh Post - Middle-class dreams in Dangkor



Middle-class dreams in Dangkor

Content image - Phnom Penh Post
Expansion of roads in the Dangkor district area to connect to national roads began in 2016. The district, south of Phnom Penh’s city centre, is seeing a flurry of residential projects, most of which are being marketed to middle-class and lower-middle-class familes. Moeun Nhean

Middle-class dreams in Dangkor

Property developers are gearing up to construct housing projects in Dangkor district, located south of the capital’s city centre, for middle-class families. More developers are also planning such undertakings in the near future.

Yen Soklin, marketing manager for VIP City Development Company, which has invested in the construction of residential property on 20 hectares in the area, said Dangkor is booming and that there are now between 20 and 30 companies building houses.

“I think that Dangkor will grow further in the future because of its good location and suitable conditions for residential areas,” he said. “The reason we are building these houses is to cater to middle-class and lower-middle-class families”, he said.

The units in the apartment building VIP is constructing will cost between $30,000 and $50,000, according to Soklin. The company has already sold out three projects, while the fourth project is under development, with more than 1,000 units planned.

Hoem Seiha, director of research at Vtrust Appraisal, confirmed that the district has seen a profusion of residential construction, especially on the part of local investors.

“These aren’t luxury houses, but the kind of houses that allow for middle-income and lower-middle-income people to become property owners,” he said.

However, he added, the area is not ready for commercial development or to be a major business hub yet.

“It needs another five to 10 years,” Seiha said.

Nget Piseth, assistant to the executive director of Borey New World, one of the leading residential developers in Dangkor, said the development in the district has increased significantly, as the price of land continues to climb. “The construction of affordable housing is becoming a good market in Dangkor”, he said.

Phnom Penh City Hall spokesman Meas Metpheakdey said authorities from Paris, in cooperation with counterparts in Phnom Penh, have studied the area in the southern part of the capital to assess the feasibility of improving the area’s infrastructure, including roads, sewage systems, drainage basins and the like, along with projecting the number of people living there.

“The study was to help us plan ahead for the construction of infrastructure to respond to the development of population growth to ensure sustainable development,” he said.

MOST VIEWED

  • Phnom Penh placed in two-week lockdown

    The government has decided to place Phnom Penh in lockdown for two weeks, effective April 14 midnight through April 28, as Cambodia continues to grapple with the ongoing community outbreak of Covid-19, which has seen no sign of subsiding. According to a directive signed by Prime Minister

  • Cambodia on the verge of national tragedy, WHO warns

    The World Health Organisation (WHO) in Cambodia warned that the country had reached another critical point amid a sudden, huge surge in community transmission cases and deaths. “We stand on the brink of a national tragedy because of Covid-19. Despite our best efforts, we are

  • Vaccination open to foreigners in Cambodia

    The Ministry of Health on April 8 issued an announcement on Covid-19 vaccination for foreigners residing and working in Cambodia, directing the Ministry of Labour and Vocational Training and local authorities to register them. Health minister Mam Bun Heng, who is also head of the inter-ministerial

  • Culture ministry: Take Tuol Sleng photos down, or else

    The Ministry of Culture and Fine Arts has told Irish photographer Matt Loughrey to take down the photos of Khmer Rouge victims at Tuol Sleng Genocidal Museum which he allegedly colourised and altered to show them smiling. The ministry said Loughrey's work is unacceptable, affecting

  • Cambodia gears up for muted New Year festival

    The recent curfew and restrictions imposed in the capital and other Covid-19 hotspots were intended to break the chain of transmission, Ministry of Health spokeswoman Or Vandine said as municipal and provincial authorities issued new directives banning certain activities during the upcoming Khmer New Year

  • Covid-19 vaccination now obligatory

    Prime Minister Hun Sen on April 11 issued a sub-decree making Covid-19 vaccination compulsory for individuals unless they have a medical certificate proving they have pre-existing health conditions that prevent them from doing so. «This applies to all members of the armed forces and civil servants