Strategically located in southern part of Phnom Penh, Dangkoa is considering a new attraction in the suburbs and where opportunity exists for high capital gain. The district has witnessed a raid growth in infrastructure improvement, housing projects and manufacturing activities. Here are three main reasons to explore the potential investment in Dangkoa district.
1/ Residential property is in high demand
Dangkoa is a favorable location and attracting many residential investment projects in this area. By the end of 2020, Dangkor residential property supplied in this district stood at 35,387 units, accounted for nearly 20% of the total 186,309 units of residential supply across Phnom Penh, according to Z1 Data – the first Cambodian home-grown company using artificial intelligence (AI) to analyze data in the real estate industry.
Real estate insiders have stated that the location on the outskirts of Phnom Penh boasts its high potential for landed property development, especially housing for middle-income class. Moreover, large size of land for such development is available, and price is relatively low compared to inner city like Sen Sok and Chroy Changva districts.
2/ Potential area for industrial investment
In addition to the potential for investment in residential projects, Dangkor also has a number of favorable locations for industrial investments. More than ten projects and worth about $520 million were greenlit by the Council for the Development of Cambodia (CDC). This data is compiled and calculated by Z1News based on CDC released during the period.
Most of these investment projects are garment factories, with investment locations stretched across seven communes in this districts – including: Prey Sar, Pong Teuk, Dangkor, Choeung Ek, Prek Kampis, Prey Veng and Kraing Pongro.
Dangkoa district consist of 12 communes with a population of 99,236, of which 50% are men. This is according to data from Century 21 Zillion Holding based in Dangkoa district. The same source showed that these seven districts have some locations that can be purchased for between $ 80 to $ 220 per square meter. This is the lowest price of the land location among the seven communes and the highest one is ranging from $140 and $1,700 per square meter.
3/ Key Infrastructure
Khan Dangkoa has important infrastructure that connects to potential provinces in Cambodia – National Road 2 and National Road 3 connecting to Kandal, Kampong Speu, Takeo and Kampot provinces. These national roads in Dangkoa district are also attractive locations for industrial investment projects.
Samdech Hun Sen Blvd (or 60-metre road), and the third ring road development project also pass through Khan Dangkoa. The ring road is about 53 kilometers long – passing through Phnom Penh, about 15 kilometers long, and Kandal province, 38 kilometers long – starting from the section of national road 4 towards national road 1. Currently, the entire third ring road development project has reached 50 percent completion after the construction broke ground in early 2019.