5 areas where property prices are soaring following the emergence of the Techo International Airport
Phnom Penh: For over a decade, development in Phnom Penh has been focused mainly on the northern part of the capital, along National Road 6 heading toward Siem Reap province. But with the opening of the Techo International Airport – located in Kandal Stung district, Kandal province, and Bati district, Takeo province, to the south – everything is changing. This airport is one of the largest infrastructure projects in Cambodia's history. With a capacity to handle up to 13 million passengers a year, it’s now drawing massive development to the surrounding areas.
Distance from the airport: 5–15 km
This corridor is the one benefiting most directly from the new airport. It’s attracting a wide range of projects, including:
The 3rd Ring Road, officially opened in 2023, has become a game changer, connecting all the suburban areas. The junction between the ring road and National Road 2 is turning into a new hotspot.
According to a report from CBRE Cambodia, land prices along National Road 2 and the 3rd Ring Road have risen by an average of 15–20% per year since the project was announced.
Zone 1: From the “Head of the Road” (Ta Khmau town) to Kandal Stung district
Distance from the airport: 5–15 kmThis corridor is the one benefiting most directly from the new airport. It’s attracting a wide range of projects, including:
- Mid-range boreys (housing developments) for future airport staff
- Warehouses and logistics hubs supporting air freight
- Hotels and guesthouses for tourists and travelers
Zone 2: The 3rd Ring Road (intersection with National Road 2)
Distance from the airport: 8–20 kmThe 3rd Ring Road, officially opened in 2023, has become a game changer, connecting all the suburban areas. The junction between the ring road and National Road 2 is turning into a new hotspot.
Factory projects and industrial zones are springing up here, thanks to the easy transport of goods to both the port and the airport.
Chbar Ampov, once a quiet backwater, is getting renewed attention. With new bridges linking it to the city center and its proximity to the 3rd Ring Road, this area is attracting:
This area is becoming a go‑to for people looking for large plots of land at reasonable prices. Advantages include:
Zone 5: Bati district, Takeo province (the immediate airport vicinity)
Distance from the airport: 0–10 km
This is the zone closest to the airport, and it’s catching the eye of big investors. Though still rural for now, development projects are beginning to appear:
Zone 3: Prek Thmey Sangkat, Chbar Ampov district
Distance from the airport: 15–25 kmChbar Ampov, once a quiet backwater, is getting renewed attention. With new bridges linking it to the city center and its proximity to the 3rd Ring Road, this area is attracting:
- Affordable boreys for young families
- International schools and small commercial centers
Zone 4: From Ta Khmau town (or Prek Samraong bridge) to Sa’ang district
Distance from the airport: 20–35 kmThis area is becoming a go‑to for people looking for large plots of land at reasonable prices. Advantages include:
- Proximity to the Bassac River with beautiful scenery
- Potential for resort and entertainment development
- Land prices are still relatively low but steadily rising
Zone 5: Bati district, Takeo province (the immediate airport vicinity)
Distance from the airport: 0–10 km
This is the zone closest to the airport, and it’s catching the eye of big investors. Though still rural for now, development projects are beginning to appear:
- A planned satellite city featuring housing, schools, a hospital, and commercial centers
- A special economic zone aimed at attracting foreign investment
The opening of the Techo International Airport is genuinely reshaping the development map of Phnom Penh. The southern areas, once overlooked, are now becoming the new frontier for developers and investors alike.
